Posted by Taka > 2014-05-29 09:28 | Report Abuse

sephiroth, what is your tp?

Posted by sephiroth > 2014-05-29 09:30 | Report Abuse

taka, at least 0.90

Posted by Taka > 2014-05-29 09:31 | Report Abuse

Looking forward to it. Thx.

Posted by johnny cash > 2014-05-29 09:51 | Report Abuse

Salcon (SALC MK)
Technical BUY with +15.2% potential return
Last price : RM0.790
Target Price : RM0.855, RM0.910
Support : RM0.750
Stop-loss: RM0.745
BUY with a target price of RM0.910 with stop
loss placed below RM0.745. SALC’s share
price has rebounded along the steeper
trendline after the earlier correction as SALC
has been lingering within the “cloud” in the past
five days. Given the share price has created a
higher low and successfully closed above the
“cloud” yesterday on the back of a higher
trading volume of 6.5m shares (vs 20-day
average of 3.9m), we opine that SALC is ready
to climb. This is consistent with the rising
momentum as shown by positive readings in
both MACD and Stochastic. Moving forward, a
positive closing above RM0.795 would validate
the creation of a new up-leg. We peg our
medium-term target at the 1.38x Fibonacci
extension level of RM0.910.

Posted by stteck > 2023-07-25 13:15 | Report Abuse

thanks johny

Posted by anthonykok > 2014-05-29 10:38 | Report Abuse

thanks

Posted by kinkudes_hc > 2014-05-30 11:24 | Report Abuse

fake breakout?

Posted by invester > 2014-05-31 09:42 | Report Abuse

I read an article couple days ago in China. It says some traditional business might not be able to survive in future but those business such as waste water treatment, rubbish treatment etc will always needed no matter in which generation. I believe if we have holding power, Salcon is going to be a strong share.

Posted by tham hoe yean > 2014-06-01 11:14 | Report Abuse

Agreed with invester, as long as human need water to survive and continue polluting natural sources such as water, salcon will be in the scene for long long time.

Posted by kk123 > 2014-06-01 11:24 | Report Abuse

Salcon concession can be ended at any time just like the selangor case
I suggest Don't get too carried away linking salcon to water supply

Posted by speakup > 2014-06-04 07:53 | Report Abuse

OCBC/GE has turned net seller on Salcon.

Posted by Muarmali > 2014-06-04 09:28 | Report Abuse

finally i have a chance to trade this counter :)))))

Posted by sephiroth > 2014-06-04 09:33 | Report Abuse

woah volume 10.83m shares but power fizzle out, will resume uptrend in d afternoon

Posted by Muarmali > 2014-06-04 09:42 | Report Abuse

nice! :)))

Posted by Joel > 2014-06-04 09:49 | Report Abuse

Share buy - back today for Salcon

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1646405

Posted by chipster1234 > 2014-06-04 09:51 | Report Abuse

I don't think it will shoot up further sephiroth.

Posted by palmprincess > 2014-06-04 10:17 | Report Abuse

http://www.theedgemalaysia.com/business-news/292844-salcon-undervalued-stock-could-be-worth-rm120--cimb.html

Posted by sephiroth > 2014-06-04 10:19 | Report Abuse

those dudes who convert 50m warrants to shares, start dumping liau

Posted by sephiroth > 2014-06-04 10:39 | Report Abuse

anyone have the full cimb rpt? ca post the link here?

Posted by speakup > 2014-06-04 11:04 | Report Abuse

sell on good news

Posted by stteck > 2014-06-04 11:14 | Report Abuse

Would you guys recommend to buy in AZRB at current price 0.69?

Posted by sephiroth > 2014-06-04 11:16 | Report Abuse

DEFINITELY, azrb bottoming out already at 0.685

Posted by frugalmalaysian > 2014-06-04 11:37 | Report Abuse

https://brokingrfs.cimb.com/KmYnx9enZZz1gkS9f4gpmbmvT6XMGycltZWbBsoqkTK8qob4bybGfm8vSkRHb0UM64C47fg-0.pdf

Posted by vincentteoh > 2014-06-04 11:40 | Report Abuse

Some 1 is blocking when the price up every half cent. Collecting? Or?

Posted by sephiroth > 2014-06-04 11:47 | Report Abuse

thanks frugal for yr rpt

Posted by Muarmali > 2014-06-04 11:57 | Report Abuse

Very nice!!! :)))

Posted by shawn1027 > 2014-06-04 12:03 | Report Abuse

just bought at 0.815....

Posted by John2000 > 2014-06-04 12:08 | Report Abuse

tp please

Posted by chipster1234 > 2014-06-04 12:32 | Report Abuse

sephiroth: I stand corrected. it is going up again. :P

Posted by Muarmali > 2014-06-04 12:40 | Report Abuse

Sold all at 82.5 :)))))

Posted by cuticuti > 2014-06-04 12:41 | Report Abuse

lets break .85 again by this week and see how far it can go..sentiment sudah hangat/langat. the heat is on.

Posted by kinkudes_hc > 2014-06-04 13:27 | Report Abuse

Previous high on Apr 16 => 0.83 before it start drop tremendously. Very close now, I hope it break. Need to monitor closely.

Posted by Joel > 2014-06-04 14:18 | Report Abuse

Undervalue Stock - SALCON

From CIMB

It worth RM1.20 !

Today News !

Posted by Joel > 2014-06-04 14:21 | Report Abuse

http://www.theedgemalaysia.com/business-news/292844-salcon-undervalued-stock-could-be-worth-rm120--cimb.html

No wonder Share Buy Back fr Campany .

management already knew Salcon is undervalued stock.

Good dividen paid too.

Posted by Joel > 2014-06-04 14:22 | Report Abuse

I also received news fr my remisier related Salcon.

Adviced me to Accumulate Salcon.

Posted by Joel > 2014-06-04 14:32 | Report Abuse

SALCON - Stock is worth RM1.20.

Go to link below, fangyew.

http://www.theedgemalaysia.com/business-news/292844-salcon-undervalued-stock-could-be-worth-rm120--cimb.html

This News related to salcon is out at 10:00 a.m
I think less peoples know the news.

Chinese papers i think will announce by tomorrow.

Still got RM0.375 upside to rm1.20.

Posted by sheep > 2014-06-04 14:45 | Report Abuse

FULLY lOADED. WAITING TO SELL AT FIRST SIGN OF WEAKNESS. SO GO UP AND UP.

Posted by speakup > 2014-06-04 14:46 | Report Abuse

every uncle and aunty already buy :-) good, make money from OCBC who sold too cheap :-)

Posted by Joel > 2014-06-04 14:49 | Report Abuse

Also fr The Star today as link below related SALCON:

http://www.thestar.com.my/Business/Investing/2014/06/04/Salcon-underappreciated-stock-CIMB-Research/

Posted by Serimelati > 2014-06-04 15:06 | Report Abuse

Both articles by the the edge and star derived from cimb research. However if you look at financial report 31st may 2014 the company is not profitable. Net asset per share rm0.83

Posted by speakup > 2014-06-04 15:08 | Report Abuse

yes their Annual Report just out today. Serimelati is right.

Posted by Joel > 2014-06-04 16:00 | Report Abuse

Buy on weakness b4 Salcon go to good Annual report in 2nd quarter 2014.

Posted by John2000 > 2014-06-04 16:03 | Report Abuse

annual report will not tell you a-z.

Posted by Joel > 2014-06-04 16:04 | Report Abuse

Baru 2 bulan sahaja secured contract as what mention fo the link above.

so ofcos Salcon couldn't make good profit in the short of period.

Good to told and accumulate SALCON in 2014.

Posted by John2000 > 2014-06-04 16:04 | Report Abuse

what u know is only half, maybe not even reach

Posted by Muarmali > 2014-06-04 16:26 | Report Abuse

pocket the profit first. no regret even if the price shoot up above 83 today. :)))

Posted by dailyblessings > 2014-06-04 18:17 | Report Abuse

3 ct dividend is good deal at current price@ 83 n more good news yet to come....very worth buying even at 83ct! Huat arrr!!!

Posted by cheelam > 2014-06-04 19:45 | Report Abuse

Huat arrrr

Posted by promaxsam > 2014-06-04 19:52 | Report Abuse

Sell on news

Posted by vincentteoh > 2014-06-04 21:25 | Report Abuse

Some time we buy on news like dbhd, dsonic,etc