chineooi, sorry for my mistake, if they consider the special final div as distribution to shareholders, then 1.448 sen, no worries, salcon still cash rich with 56.5 sen per share n little borrowings of 34.356m or 5.6 sen per share
Keep faith in this counter. Well managed and with huge cash reserves n low gearing. As always...you make your own decision in accordance to your risk appetite and time horizon. Good luck
what happen to this stock?? Why it is not moving?? The company have good prospect and everything seem good why it is not moving up yet??? when will it rebound??
The Board wishes to announce that the Company and BEWG had on 28 June 2014 mutually agreed to an extension of 60 days to 28 August 2014 for the fulfillment of the Conditions-B of the SPA-B.
Technically, it is not looking good for SALCON as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. The recent downward movement in price has brought us to the technically important level of 0.86. Failure to find support at this level may accentuate the bearish move. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.
@OCBC is on a very aggressive buying mood ...... and as I was not aware of any unfavourable issues cropping up on this gem , I guess I will have to trust big fund share holder instinct and swim along side with them.......
Technically, it is not looking good for SALCON as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. This is further compounded by the recent bearish breakout of the support level of 0.835. If a bearish breakout is accompanied by high volume, this indicates the unwillingness of a large pool of traders to hold on to the stock as selling pressure mounts at the support level. This bearish breakout of SALCON was accompanied by a lower than average volume which may give a glimmer of hope, however one has to be monitor carefully the price action in the coming sessions.
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30/06/2014 30/06/2013 30/06/2014 30/06/2013 $$'000 $$'000 $$'000 $$'000 1 Revenue 33,274 14,977 73,696 51,191 2 Profit/(loss) before tax -2,750 -3,705 -2,899 -4,368 3 Profit/(loss) for the period -4,823 8,397 26,187 16,138 4 Profit/(loss) attributable to ordinary equity holders of the parent -4,733 1,316 11,660 3,739 5 Basic earnings/(loss) per share (Subunit) -0.75 0.25 1.87 0.71 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 0.8000 0.
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....
chineooi
243 posts
Posted by chineooi > 2014-08-19 22:58 | Report Abuse
Anybody can enlighted? Got kah?