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2014-04-03 14:24 | Report Abuse
Pls get the facts correct: it is salcon-mmc-AZRB JV.
2013-09-26 00:13 | Report Abuse
It will be game over soon, meanwhile play a few rounds between 63 and 68, buy when low sell on high, after that say bye bye. It will go below 60. No further news to excite. Meanwhile the warrants are dead, don't touch it. Good luck.
2013-09-24 08:57 | Report Abuse
simple reason: warrant expires may 2014, conversion price 0.75, that means the bosses themselves have no confidence the mother shares will reach RM1 (eg. 0.248+0.75). Other wild guess, a bigger shark is behind collecting warrants, won't mind becoming major share holders by paying that price for salcon. Remember there are 100million warrants. Whoever buys that and convert will become a substantial share holder. Could that he some one with plenty of cash like ?? (you know who).
2013-09-20 23:36 | Report Abuse
Directors only cleared their warrants, not the mother shares. (Note the 450K sold by Law is staff ESOS). China concession sale subject to EGM. Wait for EGM circular to see if they give special dividend (I believe they will, so as to please the share holders a bit). Salcon's next move is not clear, just one small Selayng project and a Johor project which can only do something earliest 1st quarter next year. Dato Eddie told the press he will take his time. Anybody's guess how long he is going to take, since he is now very busy with Eco and Focal.
2013-09-19 21:58 | Report Abuse
Believe the endless possibilities, Eco only wants the land bank in Johor, it takes Focal private, and come back to Salcon for RTO..Don't lose hope as yet, moreover, Salcon is now cash rich.
Stock: [SALCON]: SALCON BHD
2014-04-03 14:39 | Report Abuse
Look are for AZRB as well, if the langat 2 news is true, forget mmc, this jv job will no have much impact to them.