All the while is just wild guess of after taken over focal aim, salcon no more chance. In fact, the salcon is still sister company of focal aim and Eco World. If Eco World need to bang the property fast, perhaps the momentum of JV or M&A must be maintained.. Salcon is still in the good sight.
his director Dato’ Leong Kok Wah disposed 16,704,800 share on 13/9/13 at 0.248....is it a sign to run away or hold tight tight for other director coming in? like FOCAL or ECO World???
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).
This is the Chinese company who bought over all Salcon's assets. They have secured a RM900 mil. Underground sewerage treatment plant project in Malaysia.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Darren Kho
733 posts
Posted by Darren Kho > 2013-09-23 14:50 | Report Abuse
roadblocks will be cleared very soon