The Board of KSB (kheesan)had on 27th August 2014 approved the incorporation of the revaluation surplus, net of deferred tax, of RM4,241,955 in the consolidated financial statement of KSB for the financial year ended 30th June 2014.
The revaluation resulted in a revaluation surplus of RM4,241,955 and represents an increase of 4.03% of the unaudited net asset value as at 30th June 2014 of the Group. The net assets per share of the Group increased from RM1.61 to RM1.67 per share as at 30th June 2014
The trend make me feel that the selangor water concession has more to offer for Salcon, they selling their china assets so that have enuf cash for Malaysia projects?
Highlights / Stock Picks of the Day - Salcon Berhad (SALCON) – Not Rated Author: kiasutrader | Publish date: Fri, 12 Sep 09:40
Yesterday, SALCON’s share price rose 2.5 sen (+3.01%) to settle at RM0.85 with high trading volume. The share price has broken out from its multi-month downtrend resistance level of RM0.84. The MACD indicator has also staged a Signal line crossover, forming a bullish divergence, signaling bullish outlook ahead. Key momentum indicators like Stochastic and RSI are also hooking upwards, suggesting buying interest is pilling up on the stock. Thus, we view that the share price could rally towards RM0.92 (R1) and possibly retest its previous high of RM1.01 (R2) backed by the persisting buying interest.
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....
sheep
3,849 posts
Posted by sheep > 2014-08-28 18:06 | Report Abuse
THEY KEEP ON BUYING SINCE FEW WEEKS AGO. THE MORE THEY BUY, THE LOWER IT GETS AND TNE MORE PEOPLE GET TRAPPED OR LOSE CONTRA...