SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.28

Today's Change

-0.01 (3.45%)

Day's Change

0.28 - 0.28

Trading Volume

6,000


9 people like this.

7,605 comment(s). Last comment by fairyz 1 day ago

kd88

203 posts

Posted by kd88 > 2020-11-15 13:09 | Report Abuse

One key thing you have to remember, smallpox can be eliminated i in almost 200 years of effort is because you get antibody for whole life once you are vaccinated or you get cured after diagnosed with smallpox. For Covid 19, there is no single saying that you can get antibodies for whole life by vaccine or get cured from Covid 19. But, there have been reported case of people diagnosed with Covid 19 again even successfully cured from this virus previously.

Two possibilities. 1. Antibody only for short term. 2. Virus is mutating

Zuliana

5,395 posts

Posted by Zuliana > 2020-11-15 14:14 |

Post removed.Why?

Heng999

94 posts

Posted by Heng999 > 2020-11-15 14:25 | Report Abuse

Net cash 100m in hand

Zuliana

5,395 posts

Posted by Zuliana > 2020-11-15 14:28 |

Post removed.Why?

kfliau

1,977 posts

Posted by kfliau > 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

Posted by nasrulfahmi > 2020-11-15 15:36 | Report Abuse

we look and see how tomorrow

Abdulhamid

562 posts

Posted by Abdulhamid > 2020-11-15 15:48 | Report Abuse

When salcon wa is 3c i called buy but greeted wt all sort of negativity.

On fri pre-opening i alerted to shun away but was jeered n lambasted...


Ya- congratulation to all punters .

You all had been conned by opetator 's news.

Operator announced venturing in healthcare biz for what purpose???

For u all to jump in d bandwagon n bite his big chunk of meat - don be naive!

Instead, d news was made for operstor to DUMP & RUN.


Leaving u all licking d wound now


Willit up on mon???

Not likely- operator will continue to dump share gathered by them from 3c .

D drop will probably stop when wa is ard 10c.
Thereafter operator will look n see before manouvre their second move.


Dont believe??? Let see how next couple of days ya.

Happy puntering

Abdulhamid

562 posts

Posted by Abdulhamid > 2020-11-15 15:54 | Report Abuse

All price are controlled by market force??

Answer: wrong

Then?


Correct answer: control by operator.. operator calculate their share in hand n decide the price .

99.9% of buy/sell quotation u see on trading apps are entered by operator .

Learn operator's tactic before commenting here.

Most importantly- Dont chase when price has gone high

Abdulhamid

562 posts

Posted by Abdulhamid > 2020-11-15 15:57 | Report Abuse

Some ppl asked: why everytime i sold share price will go up n vice versa.

answer: operator manouvre d price movement

Why trading volumn so high??

Answer: operator throw from left hand to right hand to create an active scenario so punter will dive in


Why PN17 is frozen for time being???

Anyone has any idea???

Abdulhamid

562 posts

Posted by Abdulhamid > 2020-11-15 15:59 | Report Abuse

Everyone analyse d share movement -

Operator control it

messi

1,915 posts

Posted by messi > 2020-11-15 16:10 | Report Abuse

Abdulhamid very good analysis.

Posted by Muazharees > 2020-11-15 19:39 | Report Abuse

Wow die..

kfliau

1,977 posts

Posted by kfliau > 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

awesome20

1,198 posts

Posted by awesome20 > 2020-11-15 20:25 | Report Abuse

tomorrow close above 0.350

RMSB

258 posts

Posted by RMSB > 2020-11-15 20:29 | Report Abuse

Will go to 0.41

Heng999

94 posts

Posted by Heng999 > 2020-11-15 20:34 | Report Abuse

Weak holder gone, time To start engine! Vroom vroom

Richmore

108 posts

Posted by Richmore > 2020-11-15 21:01 | Report Abuse

I was laughing reading all the grandfathers stories. Do u think this is bollywood movies. All the craps is posted here.

Heng999

94 posts

Posted by Heng999 > 2020-11-15 21:04 | Report Abuse

Ya drop few sen all cry grandfather, hahaha

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-15 21:33 | Report Abuse

tomolo queue buy 0.30 below.Salcon wed will start go up again...

SK1200

857 posts

Posted by SK1200 > 2020-11-15 22:06 | Report Abuse

Anytime can shoot up back..

tan1346

12 posts

Posted by tan1346 > 2020-11-16 00:47 | Report Abuse

Tomorrow monitor, gap up rebound

Survivor13

710 posts

Posted by Survivor13 > 2020-11-16 07:17 | Report Abuse

salcon a potentia counter. tp 1.20

kfliau

1,977 posts

Posted by kfliau > 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

Sharegod88

546 posts

Posted by Sharegod88 > 2020-11-16 08:57 | Report Abuse

buy buy buy...LU

Legend

4,119 posts

Posted by Legend > 2020-11-16 09:13 | Report Abuse

Sudah ada breakfast...

Richmore

108 posts

Posted by Richmore > 2020-11-16 09:15 | Report Abuse

Where are those negative thinkers who posted craps yesterday. Why Salcon moving up?

Posted by nasrulfahmi > 2020-11-16 09:23 | Report Abuse

very good

YahKoboi

82 posts

Posted by YahKoboi > 2020-11-16 09:24 | Report Abuse

bole tiribang

hunterrrrr

210 posts

Posted by hunterrrrr > 2020-11-16 09:33 | Report Abuse

STEADY..TODAY MIGHT BE DOJI.. tomorrow or wednesday shoot up

ruhaizat69

825 posts

Posted by ruhaizat69 > 2020-11-16 09:39 | Report Abuse

Run

tsk123

145 posts

Posted by tsk123 > 2020-11-16 09:42 | Report Abuse

salcon will follow AT & Gets..

Posted by nasrulfahmi > 2020-11-16 09:44 | Report Abuse

cantekkkk

Jolly

130 posts

Posted by Jolly > 2020-11-16 09:46 | Report Abuse

Yes will follow AT ... cash rich company .. buy existing glove co. , no need to rebuild factory juz need expansion of.business only

sheep

3,851 posts

Posted by sheep > 2020-11-16 09:48 | Report Abuse

Newbie beware....friday 13 (hoo hoo) Nov >260 millions traded... dropped from 0.40 so lots of trapped buyers holding over price shares waiting to throw.....queue at 0.30..sure win wakakakaka

hoowk77

438 posts

Posted by hoowk77 > 2020-11-16 09:49 | Report Abuse

Yeah..immediate biz opportunities & guaranteed profit

Arthur546

302 posts

Posted by Arthur546 > 2020-11-16 10:06 | Report Abuse

difficult to follow AT... unless uncle show photo again

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-16 10:13 | Report Abuse

First Salcon must get approval from Bursa and EGM shareholders meetings approval, this will take another one to two months, pls be patient buy AT first then sell AT for profit next year and buy back Salcon shares when Bursa and EGM are over early next year...

oskchoon

3,186 posts

Posted by oskchoon > 2020-11-16 10:16 | Report Abuse

Once Salcon bought the Glove business next year with profit guarantee of 5 millions a year for 3 years but it is still not enough to recover the initial cost of 29 millions spend to buy the 51 % of the Glove company...

kfliau

1,977 posts

Posted by kfliau > 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

Heng999

94 posts

Posted by Heng999 > 2020-11-16 11:00 | Report Abuse

I have no balls to buy AT now from 0.95 to 0.29 now...later 1 round dispose all masuk longkang, haha

Richmore

108 posts

Posted by Richmore > 2020-11-16 11:02 | Report Abuse

Very true due diligence. Looks like everyone behaving like they are the directors who signed the documents. Lol

Orlando

4,909 posts

Posted by Orlando > 2020-11-16 11:09 | Report Abuse

51% at 28,560,000

Whole co 56,000,000

Profit guarantee 10,000,000

So PE 5.6x not tat high

Especially for gloves cos at d moment

Arthur546

302 posts

Posted by Arthur546 > 2020-11-16 11:34 | Report Abuse

wait...after wash out some players, it will shoot up soon.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-16 11:47 | Report Abuse

guess my queue buy below 0.30 not able to get ...maybe queue at 0.33-0.325..

Heng999

94 posts

Posted by Heng999 > 2020-11-16 12:06 | Report Abuse

This morning who buy AT all go longkang already.

Orlando

4,909 posts

Posted by Orlando > 2020-11-16 12:29 | Report Abuse

10,000,000 PAT guaranteed is minimum so PE very likely lower thn 5.6x



Orlando 51% at 28,560,000

Whole co 56,000,000

Profit guarantee 10,000,000

So PE 5.6x not tat high

Especially for gloves cos at d moment

16/11/2020 11:09 AM

Pershing

214 posts

Posted by Pershing > 2020-11-16 12:31 | Report Abuse

If people willing to pay AT for RM1Billion, Salcon by far has better deals then other companies in venturing into gloves business.

hunterrrrr

210 posts

Posted by hunterrrrr > 2020-11-16 12:35 | Report Abuse

why u all worry..salcon bought geniune glove factory..not like AT need to be kompang by kyy n mksew...look at their army try to kompang At here..what happen now? drop lol...we all know when they kompang a lot..means they want to sell

Heng999

94 posts

Posted by Heng999 > 2020-11-16 12:45 | Report Abuse

agree haha

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