Water-related stocks were again in the limelight, after news emerged that the Selangor state government and federal policy makers have signed a MOU to restructure the Klang Valley water sector. In particular, SALCON surged 4.5 sen to close at 74 sen on high volume. Chart-wise, the stock has broken out of a “Falling Wedge” pattern to signal a resumption of its prior uptrend. The MACD is also beginning to show signs of bullish convergence and this reflects the increase in buying momentum. Based on the chart pattern, SALCON could potentially commence a rally towards 99 sen. Traders looking to buy into the stock should target 3 bids below this level at 97.5 sen, with a stop-loss placed 3 bids below the 63 sen multi-month support at 61.5 sen.
chean previously round 1 buy 63.5/34 sold 71, round 2 buy 69 sold 74, round 3 buy 70.5 tambah 69.5/67, salcon have lots of cash now, later 3 sen dividend plus special dividend 4.9 sen
Media reports last year said three companies -- Salcon Bhd, MMC Corp Bhd and Ahmad Zaki Resources Bhd (AZRB) -- have been shortlisted to build the RM1.2 billion Langat 2 water treatment plant project
Shares exercised from ESOS could be out either end of this week or begin of next week. Check on the company announcement. When it is out, some of those who exercise may sell at whatever price. At that time, the price may be down. Therefore to buy by end of this week or begin of next week is a good time. After that will move up if Salcon got the Langat2 project
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....
AyamTua
13,598 posts
Posted by AyamTua > 2014-02-27 10:16 | Report Abuse
dengar khabar dan baca berita itu bagus, ini bagus semalam hampir nak cepat cepat angkat.. tiba tiba tengok gap down loh wakakakakakakakakka