SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.275

Today's Change

0.00 (0.00%)

Day's Change

0.275 - 0.29

Trading Volume

1,840,300


9 people like this.

7,609 comment(s). Last comment by Mimolupi 1 day ago

Posted by maxstore769 > 2020-11-10 22:46 | Report Abuse

heavy

messi

1,915 posts

Posted by messi > 2020-11-11 10:03 | Report Abuse

Resume upswing. Looks like able to break 36 resistance

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2020-11-11 10:19 | Report Abuse

Why suddenly up???

messi

1,915 posts

Posted by messi > 2020-11-11 12:19 | Report Abuse

Train moving north

Posted by grand_arbiter > 2020-11-11 12:20 | Report Abuse

this is the answer for why volume buy higher than volume sell.

Posted by widadinvestor > 2020-11-11 12:46 | Report Abuse

grand_arbiter means going to spike up already, gogogo

hunterrrrr

210 posts

Posted by hunterrrrr > 2020-11-11 15:26 | Report Abuse

all big lot no retailer..hard to push..easy to go up n down

phyroxus

683 posts

Posted by phyroxus > 2020-11-11 17:00 | Report Abuse

selangor water issue required expert from salcon to fix :D

gpsman79

142 posts

Posted by gpsman79 > 2020-11-11 17:14 | Report Abuse

glove glove glove glove

Posted by WhosUrDaddy > 2020-11-11 17:15 | Report Abuse

vaccine news??? or glove news?
which news is better?

wazhab

255 posts

Posted by wazhab > 2020-11-11 17:40 | Report Abuse

Go go salcon tomorrow 45 sen

pinetree88

333 posts

Posted by pinetree88 > 2020-11-11 17:54 | Report Abuse

Got in at 0.355. Tried to add more at 36 but theres a big block of buyers ate closing. Watch for tmr opening.

messi

1,915 posts

Posted by messi > 2020-11-12 09:08 | Report Abuse

Should be testing 40sen soon. Good luck all holders.

speakup

27,074 posts

Posted by speakup > 2020-11-12 09:21 | Report Abuse

for WATER THEME play: SALCON, TALIWORK, RANHILL

speakup

27,074 posts

Posted by speakup > 2020-11-12 09:23 | Report Abuse

syndicate start with SALCON
which next? TALIWORK or RANHILL?

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2020-11-12 09:52 | Report Abuse

Wa...Got buycall from rhb investment...TP 44 sen in 2-4 weeks... Can meh?

messi

1,915 posts

Posted by messi > 2020-11-12 10:40 | Report Abuse

3 weeks ago already touched 44.5

gpsman79

142 posts

Posted by gpsman79 > 2020-11-12 11:18 | Report Abuse

hope the news release later, market response ++

Richmore

108 posts

Posted by Richmore > 2020-11-12 13:17 | Report Abuse

Many sitting here talking negative about Salcon. Mental?

Heng999

94 posts

Posted by Heng999 > 2020-11-12 13:33 | Report Abuse

1 round limit to the sky =0.7

lmk2020

1 posts

Posted by lmk2020 > 2020-11-12 14:24 | Report Abuse

go go salcon. fly fly

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2020-11-12 14:37 | Report Abuse

heard next week gonna limit up

pinetree88

333 posts

Posted by pinetree88 > 2020-11-12 14:38 | Report Abuse

I not familiar with Salcon. Added today at 37.. Any possible potential good news ?

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-11-12 14:56 | Report Abuse

Sold salcon.. Tq

Posted by grand_arbiter > 2020-11-12 15:46 | Report Abuse

it will retrace later on

messi

1,915 posts

Posted by messi > 2020-11-12 15:50 | Report Abuse

Uptrend momentum still intact. Might break 40 tomorrow or next week. Good luck all believers.

Anisdesanika

1,235 posts

Posted by Anisdesanika > 2020-11-12 16:26 | Report Abuse

Sold wa at 17.5 sen.Will get back in Salcon later when it retrace.Looking at the technical charts,uptrend is very clear.

Posted by WhosUrDaddy > 2020-11-12 17:41 | Report Abuse

rumors said company ald done acquired 51% of a glove company
now waiting announcement to confirm....

Heng999

94 posts

Posted by Heng999 > 2020-11-12 17:46 | Report Abuse

Wow buy glove company!!!!! Huray

Heng999

94 posts

Posted by Heng999 > 2020-11-12 17:46 | Report Abuse

Out already!

Heng999

94 posts

Posted by Heng999 > 2020-11-12 17:46 | Report Abuse

Tomorrow limit to the sky~

yukang89

81 posts

Posted by yukang89 > 2020-11-12 17:48 | Report Abuse

News out ! Hoseh tmr !

Heng999

94 posts

Posted by Heng999 > 2020-11-12 17:49 | Report Abuse

Hoseh, rm1 on the way!!!!

Posted by WhosUrDaddy > 2020-11-12 17:49 | Report Abuse

yes!!!!!!!
means my sources still blh pakai
hahahaha

Layman

79 posts

Posted by Layman > 2020-11-12 17:50 | Report Abuse

SALCON BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description SALCON BERHAD ("SALCON" OR "THE COMPANY")
PROPOSED ACQUISITION OF 1,020,000 ORDINARY SHARES, REPRESENTING 51% OF THE TOTAL ISSUED SHARES CAPITAL IN JR ENGINEERING AND MEDICAL TECHNOLOGIES (M) SDN BHD BY NUSANTARA JASAKITA SDN BHD (A 90%-OWNED SUBSIDIARY OF SALCON) FROM GANESAN A/L SUBRAMANIAM

Pursuant to Paragraph 10.06 of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), Salcon wishes to announce that Nusantara Jasakita Sdn Bhd, a 90%-owned subsidiary of Salcon (“NJSB” or “Purchaser”) has on 12 November 2020 entered into a Share Sale Agreement (“SSA”) with Ganesan A/L Subramaniam (“Ganesan” or “Vendor”) for the acquisition of 1,020,000 ordinary shares (“Sale Shares”), representing 51% of the total issued shares capital in JR Engineering and Medical Technologies (M) Sdn Bhd (“JREMT”) for a total cash consideration of RM28,560,000.00 only (“Purchase Consideration”) (“Proposed Acquisition”).

(NJSB and Ganesan are individually referred to as a “Party” and collectively as “Parties”).

NJSB, Ganesan, Hamen A/L Ganesan (“Hamen”) and JREMT will enter into a Shareholders Agreement (“SHA”) to regulate their relationship as shareholders of JREMT, and to govern the management, obligations, rights, commitments, affairs and/or dealings in relation to JREMT on the completion of the SSA.

"JREMT is principally engaged in the business of the trading and manufacturing latex, nitrile and medical high risk gloves, provision of chlorination services for glovesand turnkey advisory and consultancy services for the rubber glove industry(“Business”)."

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3104563

messi

1,915 posts

Posted by messi > 2020-11-12 18:10 | Report Abuse

Haha. Can any financial expert share what is the expected profit contribution to salcon. Tomorrow can limit up or not?

messi

1,915 posts

Posted by messi > 2020-11-12 18:12 | Report Abuse

https://www.jr-medical.com/
Get to know our new investment. Good luck All.

awesome20

1,198 posts

Posted by awesome20 > 2020-11-12 18:13 | Report Abuse

related to hc?

Heng999

94 posts

Posted by Heng999 > 2020-11-12 18:17 | Report Abuse

GLOVE GLOVE

speakup

27,074 posts

Posted by speakup > 2020-11-12 18:34 | Report Abuse

https://focusmalaysia.my/markets/salcon-buys-51-stake-in-glove-making-outfit/

sorry salcon, bad timing. guaranteed wont limit up tomorrow

speakup

27,074 posts

Posted by speakup > 2020-11-12 18:35 | Report Abuse

mah sing timing was good
salcon timing is terrible

Posted by birkincollector > 2020-11-12 18:37 | Report Abuse

Sell on news perhaps....not so exciting like before

greenland

378 posts

Posted by greenland > 2020-11-12 18:59 | Report Abuse

The glove counters are fundamentally very sound and have dropped a lot over the last 4 days. Time for a rebound . The timing for Salcon’s announcement is perfect. Glove counters should be rebound...
secondly, usage of gloves not likely to decrease anytime soon. Many countries are working out their glove inventories as strategic commodities meaning they will start to keep a min safety stock from now onwards.

greenland

378 posts

Posted by greenland > 2020-11-12 19:00 | Report Abuse

Mah Sing’s timing was perfect.

izoklse

5,272 posts

Posted by izoklse > 2020-11-12 19:02 | Report Abuse

selcon find a good time for announcement. But tomorrow investor also have to focus on AT and other glove related stock because tomorrow possible all shoot up.

Profit1

135 posts

Posted by Profit1 > 2020-11-12 19:05 | Report Abuse

Announcement is doubtful and tricky. Take caution.

Jom123

171 posts

Posted by Jom123 > 2020-11-12 19:06 | Report Abuse

Salcon joins glove maker club, targets producing three billion gloves a year..

Heng999

94 posts

Posted by Heng999 > 2020-11-12 19:08 | Report Abuse

Limit to the sky soon

greenland

378 posts

Posted by greenland > 2020-11-12 19:08 | Report Abuse

US case at record high again

Posted by permintcuzzi > 2020-11-12 19:09 | Report Abuse

Protected with profit guarantee. In the event of glove price collapse, guaranteed returns to Salcon.

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