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2020-11-25 15:18 | Report Abuse
The impending announcement is about the due diligence of the acquisition. But it's not due until Jan 12th
2020-11-25 11:44 | Report Abuse
This stock is going to be a turnaround stock like vivocom. Buy and hold tight tight for 1 year to see the fruits of investment. You can't go wrong
2020-11-25 10:17 | Report Abuse
If today can close green, then the 29 cents breach was a false break.
2020-11-24 16:47 | Report Abuse
Looks like going to close red today. Operator really want every drop of your juice
2020-11-24 13:46 | Report Abuse
With such negative quarterly report also price not going down. The Only other way is up
2020-11-24 10:34 | Report Abuse
I sold all the son at 24 cents and now sailang at Salcon. I will be back when the pp is completed
2020-11-24 10:32 | Report Abuse
Remember ular Mak belongs to the Lien Hoe clan. Price not likely to go up until pp is completed. I waited 6 months for the 1st pp to complete
2020-11-24 10:07 | Report Abuse
Now I understand why the operator was pressing the price down. If he had let it rally with the news of the acquisition, with yesterday's lackluster quarterly report, there will be massive sell down. But by pressing didn't for over a week, most sellers would have sold by now, hence today you see the price goes up instead of down. It's so much easier to going now
2020-11-24 09:22 | Report Abuse
With the last piece of bad news out, price should scale higher until completion of due diligence
2020-11-23 16:55 | Report Abuse
This operator is really cheap skate. Up 1 cent and down 1.5 cents. He wants to make sure no trader or contra kaki can ever make money from this counter
2020-11-23 13:50 | Report Abuse
Just Buy and hold. No contra Please. The moment operator senses there's selling pressure from traders or contra players, he will press and squeeze you to the last drop
2020-11-23 10:25 | Report Abuse
If the direct transaction is from existing director or major shareholder, then it has to be disclosed by the director or major shareholder. The purchaser who has less than 5% don't have to declare.
2020-11-23 09:37 | Report Abuse
@limit_up_soon would you mind sharing the source of your info? This is not reported in Bursa which they should if true
2020-11-23 09:05 | Report Abuse
Don't play contra. This operator is unlikely AT. Will climb up slow and steady until due diligence completed
2020-11-21 12:37 | Report Abuse
This is a much better bet than AT with no prior experience and subject to certification approval. Besides the 2nd pp is questionable as they just barely completed the 1st pp Where utilization of pp proceeds should not have depleted so fast. Furthermore, their nosh is almost 4 billion by the time they complete the 2nd pp
2020-11-20 16:52 | Report Abuse
Finally Closed green today. Better this way slow and steady so as not to attract punters but genuine investors
2020-11-20 11:09 | Report Abuse
Don't expect much from qtrly report. More critical is the due diligence latest in 2 months time.
2020-11-20 10:24 | Report Abuse
Those who are still not on board, this is the last call. Don't wait until KYY shows his picture in front of the Factory, by then will be above 40 cents
2020-11-20 09:07 | Report Abuse
If today still can't close green, I really don't know what the operator wants
2020-11-19 16:21 | Report Abuse
This operator really teruk. Squeeze until your bile juice also dry up
2020-11-18 20:20 | Report Abuse
It's good to fan the rumour to attract investor interest. Without Any fanfare, the price may drop instead of up as many are used to selling on news
2020-11-18 19:16 | Report Abuse
Not likely to have significant rebound until the 2nd pp is completed
2020-11-18 17:02 | Report Abuse
If the above rumour is true, Then double happiness for Salcon. Any which way also win
2020-11-18 16:38 | Report Abuse
Those who sold at 29 cts I believe are the last few drops the operator is trying to squeeze. Should rebound tomorrow
2020-11-18 15:55 | Report Abuse
Those who jumped in for rebound this morning again kena poked
2020-11-18 13:02 | Report Abuse
Just take it as putting into 3 months fixed deposit. If the due diligence is approved, you can be sure can't see this price
2020-11-18 13:00 | Report Abuse
You can only get the operator's juice by outlasting him in patience
2020-11-18 12:28 | Report Abuse
This operator wants every drop of your juice
2020-11-18 09:55 | Report Abuse
Never play contra with this stock. You will be slaughtered
2020-11-17 11:33 | Report Abuse
All weak holders should have been wiped out by now. Latest tomorrow will see strong rebound.
2020-11-16 13:22 | Report Abuse
It's mind boggling for Gets to rise from 9 cents to 4.02 today by merely announcing intention to diversify into Glove. I don't see why Salcon can go South upon announcing acquisition of an existing Glove company. Your patience will definitely be rewarded
2020-11-16 10:42 | Report Abuse
Please read the announcement carefully. No EGM or SC approval needed. Just due diligence which will take about 2 months
2020-11-16 08:44 | Report Abuse
This forum is for sharing information and experience. If you don't have any constructive ideas to share, please be civilized and not disparage others
2020-11-15 19:49 | Report Abuse
The nta is 51 cents. warrent conversion is 30 cents. Hence at 17.5 cants the warrent is grossly over priced with about 50% premium. Therefore it's not Surprising operator dump warrent but not mother
2020-11-15 15:01 | Report Abuse
Their net cash is RM150 million. I learnt from AT's experience holding paper loss for 6 months but eventually made 3.5 times my investment
2020-11-15 11:34 | Report Abuse
Maximum 2 months to hold for completion of due diligence. No shareholders or SC approval needed
2020-11-14 08:16 | Report Abuse
I would like to share my experience with AT warrent C. I bought at 6.5 cents shortly after it announced venturing into Glove. Thereafter it went down to as low as 3.5 cents within a 6 months long period. Thereafter upon completion of pp, the price skyrocketed to highest 27 cents. I cashed out all at 24 cents and Switched to Salcon at average 39 cents. Now I am stuck. However, my experience tell me if you have the patience and invest with spare cash, you will definitely see the light of the day.
Warren Buffet said share market is the game of transferring wealth from the impatient to the patient. I made my 1st million from AT. I believe will make another from Salcon
2020-11-13 20:10 | Report Abuse
Based on kyy's calculation and extrapolate to Salcon with 3 billion gloves and 51% ownership and 1 billion share issued, the earnings per share is 8.8 cents and at p.e 15, the fair price is 1.33
Stock: [SALCON]: SALCON BHD
2020-11-25 15:21 | Report Abuse
Just wonder how low will it go before having a meaningful rebound. Even AT also rebounding today. This operator is quite a parish with limited bullets