Posted by joannelim > 2014-04-08 21:12 | Report Abuse

buy 2morrow

Posted by duitkwspkita > 2014-04-08 21:47 | Report Abuse

Joannelim.....you are not something junior in stock market. Mind to intro ur profile in stock investment?

from ur stock selection, you have some sort of skills.

Posted by Tk Frank > 2014-04-08 22:26 | Report Abuse

Heard tmrw is the day as well. :)

Posted by Muhammad Mustaqim > 2014-04-08 23:41 | Report Abuse

other water companies such as gamuda and puncak had been badly effected today due to langat 2 project..so how about salcon?and anybody can giv prediction regarding all this water companies, would the share price drop more on tomorrow and the next day after? or it will rise?nowadays everything involving federal government likely will be perceived as negative..

Posted by AyamTua > 2014-04-08 23:43 | Report Abuse

RANHILL ENERGY future water company! kikikiii

Posted by Edmond Lau > 2014-04-09 11:28 | Report Abuse

Buy now before too late news out share price will rocket up.
Agree w chineooi opinion n his 3 company, same thing i heard
This is nothing to deal with politics, its pure money project. Whoever the gov is langat2 has to proceed n in malaysia salcon has technical capability

Posted by wiki123 > 2014-04-09 11:50 | Report Abuse

Hi AyamTua, when you mention Ranhill Energy future water company, anything related to Salcon?

Posted by squirt > 2014-04-09 12:22 | Report Abuse

im going in. langsat2 anouncement today after closing!!

Posted by Edmond Lau > 2014-04-09 12:46 | Report Abuse

Yes yes langat 2

Posted by zafroonaldo > 2014-04-09 13:57 | Report Abuse

come on salcon! i think tomorrow gonna be the day.

Posted by Tk Frank > 2014-04-09 14:09 | Report Abuse

but strange how come its not moving yet.

Posted by JimYeoh > 2014-04-09 14:44 | Report Abuse

Let's wait and see

Posted by Win_ling > 2014-04-09 15:12 | Report Abuse

Still red red loh

Posted by squirt > 2014-04-09 16:49 | Report Abuse

waiting for closing then announce!

Posted by Tk Frank > 2014-04-09 16:53 | Report Abuse

last chance to buy!

Posted by zafroonaldo > 2014-04-09 16:57 | Report Abuse

added more last minute.. hopefully tomoro fly fly away :D

Posted by Tk Frank > 2014-04-09 20:16 | Report Abuse

lol no announcement today

Posted by james88n > 2014-04-10 08:47 | Report Abuse

latest news : Announcement by next week, The related partnes ~~Salcon,MMC,AZRB are the front runner
http://www.theedgemalaysia.com/business-news/284368-highlight-langat-2-award-to-be-announced-soon.html

Posted by james88n > 2014-04-10 08:50 | Report Abuse

lets see the show today!

Posted by sephiroth > 2014-04-10 09:24 | Report Abuse

someone way up will push down the price to make the warrant worthless, must hold til may

Posted by Stockman > 2014-04-10 09:42 | Report Abuse

Salcon may get the award for Langat 2

Posted by wiki123 > 2014-04-10 09:50 | Report Abuse

At first, I would be inclined to believe that someone will push down the warrant, but think again these factors:-
a) Warrant trades at premium when so close to expiry
b) Langat 2 will start when WASIA invoked
c) Federal gov will invoke WASIA in 2 weeks time, AG needs 2 weeks to invoke according to minister
d) Salcon on chart is holding nicely above MA 10 ever since 0.75 was breached previously.
e) Rumour today out in paper saying MMC-SALCON-AZRB is now front runner instead of Gamuda, IJM etc.... so it is always the buy the rumour, sell the fact 2 weeks later kind of thing.
f) US stock is back to bullish, if momentum resumes, should break new high pretty soon... then this US dollar should still go further down, further push RM stronger and keep our index strong due to strength in palm oil price.
g) EPS dilution after warrant conversion is just a down the road thing in the future, does not matter for short term trading in 2 months time.
h) Why wouldn't the Salcon boss get more money from the warrant conversion since if they are going to build the Langat 2 and property development. They need all the bullet they can have... so it is in their interest to make sure the warrant is in the money...

Posted by james88n > 2014-04-10 10:20 | Report Abuse

wiki123, good analysis!

Posted by james88n > 2014-04-10 10:23 | Report Abuse

warrant is pushing up now...

Posted by WVB 68 > 2014-04-10 10:27 | Report Abuse

SO WHAT PRICE FOR US TO RUN

Posted by james88n > 2014-04-10 10:28 | Report Abuse

run before the anoucement. buy at rumours sell at facts

Posted by sephiroth > 2014-04-10 10:29 | Report Abuse

close above 76 will comfirm uptrend

Posted by StayinAlive > 2014-04-10 10:34 | Report Abuse

Bullish.

Posted by wiki123 > 2014-04-10 10:34 | Report Abuse

thx... i have not punt b4 a warrant so close to expiry, but lets see what happens... a small amount wouldn't matter as this will be first hand experience, but if one wants to have a solid portfolio gain, then there are way better counters... from chart it looks good, from news, it's supporting the chart... and that's what I see...

Posted by sephiroth > 2014-04-10 10:38 | Report Abuse

water gushing out

Posted by min35 > 2014-04-10 10:40 | Report Abuse

what price for us to run pls help :))

Posted by StayinAlive > 2014-04-10 10:41 | Report Abuse

Still early. Engine just warming up.

Posted by sephiroth > 2014-04-10 10:42 | Report Abuse

once break 78, no need to run, let the profit run, tp 82-85

Posted by StayinAlive > 2014-04-10 10:45 | Report Abuse

Yes, salcon please listen to sephiroth

Posted by wiki123 > 2014-04-10 10:54 | Report Abuse

nobody can buy the warrant at 5 sen anymore, it's all up up and away... agree with Sephiroth... let the water gush out... this stock already sleeping for many years...

Posted by tedbeh > 2014-04-10 15:51 | Report Abuse

Let's do a simple analysis, RM1.2bil contract, 3 parties JV, Salcon, MMC and AZRB, say all equal share. each will get RM400mil. Selangor MB said in the Parliament yesterday that the project will take 3 years, if we use a linear distribution, every year will be RM133mil. Said 10% profit(which is very high), every year it will contribute RM13.3mil Gross Profit to Salcon. Which is 2 sen per share before conversion of Warrant. After conversion, about 1.8 sen. It doesn't really help the company performance a lot as the share base of Salcon is big, ie. 613mil shares. Suggest to trade with care, perhaps buy on rumours and sell on facts

Posted by Money156 > 2014-04-10 16:08 | Report Abuse

Buy!! Buy!! 90 cts soon!!

Posted by Money156 > 2014-04-10 16:28 | Report Abuse

90 cts!! 90 cts!! Come come!!

Posted by Money156 > 2014-04-10 16:29 | Report Abuse

Faster!! 90 cts!!

Posted by sephiroth > 2014-04-10 16:32 | Report Abuse

new 52 week high liau 0.79

Posted by StayinAlive > 2014-04-10 16:33 | Report Abuse

Good show, more to come.

Posted by zafroonaldo > 2014-04-10 16:34 | Report Abuse

salcon steaming up real hot. nice!

Posted by james88n > 2014-04-10 16:42 | Report Abuse

even warrant up..

Posted by WallStreetBaller > 2014-04-10 16:44 | Report Abuse

Yeah steam bath d, going to shoot!

Posted by StayinAlive > 2014-04-10 16:45 | Report Abuse

Salcon = Fountain of wealth

Posted by Money156 > 2014-04-10 16:52 | Report Abuse

Buy!! Buy!! Tomorrow open 10 cts higher!! Tip very reliable !!

Posted by james88n > 2014-04-10 16:53 | Report Abuse

hahaha....AZRB already up 8 cts

Posted by StayinAlive > 2014-04-10 17:00 | Report Abuse

Tip very reliable, then better buy warrant. Good luck Money156

Posted by daniel168 > 2014-04-10 17:23 | Report Abuse

Name Code Maturity Date Exercise Price (RM)
SALCON-WA 8567WA 17/05/2014 0.750

Posted by wiki123 > 2014-04-10 17:45 | Report Abuse

tomorrow mother share can break 0.8? or just touch for a while and pull back? Today's vol is very high... how can I tell it's now seller or buyer in control? re:Money156, you mean opening also gap up 10 cents already?