SALCON BHD

KLSE (MYR): SALCON (8567)

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Last Price

0.285

Today's Change

-0.005 (1.72%)

Day's Change

0.285 - 0.29

Trading Volume

289,600


9 people like this.

7,603 comment(s). Last comment by TwilightWanderer 1 day ago

king555

131 posts

Posted by king555 > 2015-04-09 09:53 | Report Abuse

salcon waiting the news of Selangor water restructuring plan..If today good news come out,0.90 shouldnt be any problem.

king555

131 posts

Posted by king555 > 2015-04-09 11:18 | Report Abuse

testing today highest again..

king555

131 posts

Posted by king555 > 2015-04-09 11:18 | Report Abuse

target 0.90 in the coming week

asriruslan

2,081 posts

Posted by asriruslan > 2015-04-09 11:54 | Report Abuse

go salcon go 0.90

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-04-09 13:50 | Report Abuse

delicious...

king555

131 posts

Posted by king555 > 2015-04-09 14:54 | Report Abuse

go go go..0.90

stteck

756 posts

Posted by stteck > 2015-04-09 20:37 | Report Abuse

Sustainable in bad market day....good sign!

stteck

756 posts

Posted by stteck > 2015-04-09 22:03 | Report Abuse

Puncak Niaga's RM1.5b sale of water assets to Air Selangor gets 4th extension
By Meena Lakshana / theedgemarkets.com | April 9, 2015 : 6:32 PM MYT
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tKUALA LUMPUR (Apr 9): Puncak Niaga Holdings Bhd ( Financial Dashboard) said the proposed RM1.5 billion disposal of its water assets to Pengurusan Air Selangor Sdn Bhd (Air Selangor) has been extended for the fourth time by another month to May 11, 2015.

In a filing with Bursa Malaysia today, Puncak Niaga (fundamental: 1.5; valuation: 1.2) said both the company and Air Selangor had mutually agreed to a further extension until May 11 for the fulfillment of the conditions precedent stated in the conditional sale and purchase agreement dated Nov 11 last year.

The proposed sale entails the disposal of Puncak Niaga’s 100% stake in Puncak Niaga (M) Sdn Bhd and 70% stake in Syarikat Bekalan Air Selangor (Syabas) to the Selangor state agency.

The RM1.5 billion deal was agreed in principle last year and finally approved by Puncak Niaga’s shareholders in January. The sale is a key component in the prolonged water restructuring dispute between the opposition-led Selangor and Putrajaya.

It was reported that Selangor Menteri Besar Mohamed Azmin Ali and the Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili are to meet this week to discuss on matters involving the master agreement signed between both governments in September last year.

sheep

3,849 posts

Posted by sheep > 2015-04-09 23:43 | Report Abuse

same story. after T+4, down again to below 0.75

stteck

756 posts

Posted by stteck > 2015-04-09 23:51 | Report Abuse

Now at least got " 7 development orders" being issued to support langat 2 progress

aa111111

583 posts

Posted by aa111111 > 2015-04-09 23:59 | Report Abuse

up another 3-5 cents tomorrow

rlch

4,142 posts

Posted by rlch > 2015-04-10 00:01 | Report Abuse

What is Salcon PE and DY?

misterzikk

547 posts

Posted by misterzikk > 2015-04-10 04:39 | Report Abuse

PE 127.10 DY 3.54 try KLSE Screener, fundamentals on your fingertips

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-10 07:15 | Report Abuse

If PE is your criteria, Salcon is not meeting your criteria at all for the time being. There is a good reason that Salcon fails in PE if you read thru the history of the company earning of the last couple years where the main source of income has been disposed in exchange for plenty of cash on hand.

stteck

756 posts

Posted by stteck > 2015-04-10 10:21 | Report Abuse

Anyone knows about status of water disposal agreement? I have been searching the announcement by the china buyer, no extension nor abandon being announced by the buyer....

sheep

3,849 posts

Posted by sheep > 2015-04-10 19:29 | Report Abuse

wtf, director selling. as the price go higher, the more he sell. think some people going to be trapped...

sheep

3,849 posts

Posted by sheep > 2015-04-11 18:51 | Report Abuse

From MI,
Meanwhile, Azmin said that the state government was still waiting for word from Putrajaya on their request to meet and re-discuss the Selangor water restructuring plan.

"I wrote to the Yang Berhormat minister asking for a meeting," he said. – April 11,

Looks like the recent hype up is for directors to sell their holdings...

Posted by truthseeker1 > 2015-04-11 18:58 | Report Abuse

Why Salcon director disposing his shares? New director from i3?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1930761?

mataseri

601 posts

Posted by mataseri > 2015-04-13 10:35 | Report Abuse

sikit saja laa.. mau carik makan sedikit maa..

asriruslan

2,081 posts

Posted by asriruslan > 2015-04-14 15:01 | Report Abuse

go salcon go

Posted by Orionpacific > 2015-04-14 17:13 | Report Abuse

Under the radar run...small volume but with positive surge..

kentg03

971 posts

Posted by kentg03 > 2015-04-14 17:35 | Report Abuse

waiting it back to 1.00

cschen

221 posts

Posted by cschen > 2015-04-14 18:25 | Report Abuse

Salcon will come to 1.00 soon. Their development project is in right track now.

mataseri

601 posts

Posted by mataseri > 2015-04-14 18:54 | Report Abuse

The sky

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-14 19:41 | Report Abuse

Wow, soooo optimistic. Gambette

alphajack

3,685 posts

Posted by alphajack > 2015-04-14 19:42 | Report Abuse

1 ringgit jom

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-14 19:59 | Report Abuse

Aiiya, this director have so little shares compare to total share base, let him dispose loh, cud be many reasons, he wanna cash out with big chunk of profit to go for vacation,buy Patek phillipe watch etc etc, I also take profit by stages loh, I oso throw my 0.58 shares at 0.855,

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-14 20:12 | Report Abuse

RM1 is too much for me. I just need few more cents, then let others to earn till 1+.

mataseri

601 posts

Posted by mataseri > 2015-04-15 15:26 | Report Abuse

besarnya gerabak kat 86

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-16 17:14 | Report Abuse

Alamak! Engine loses steam.

mataseri

601 posts

Posted by mataseri > 2015-04-16 21:07 | Report Abuse

Aku dah keluor at 850

Tornado

1,938 posts

Posted by Tornado > 2015-04-16 21:18 | Report Abuse

Very good, kalau kerusi tidak di kosongkan, big fund manager from HK/SG tarak tempat duduk...

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-18 12:45 | Report Abuse

政治、乾旱、污染‧雪制水夢魘揮之不去http://news.sinchew.com.my/node/419611?tid=67

问题总须解决吧。实康肯定有能力提供迅速、有効又价格合理的解决方案。

stteck

756 posts

Posted by stteck > 2015-04-19 02:40 | Report Abuse

salcon was awarded IEM award for contributimg to water industry.

Posted by Sebastian Sted Power > 2015-04-19 12:06 | Report Abuse

after OCBC and GreatE disposed, now who is the sub-holding?

Funny why price keep up up up

Posted by truthseeker1 > 2015-04-19 13:37 | Report Abuse

Directors keep disposing. New director from i3?
http://klse.i3investor.com/servlets/stk/annchdr/8567.jsp

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-19 14:46 | Report Abuse

Willing sellers, willing buyers, right?

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-04-20 10:07 | Report Abuse

Wow!

asriruslan

2,081 posts

Posted by asriruslan > 2015-04-20 10:37 | Report Abuse

come on salcon rm1

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-04-20 10:41 | Report Abuse

Sellers not feeding buyers at lower price. good sign.

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-20 10:43 | Report Abuse

wahhh fatt tat liau, gonna break 90 this week? kikikikiki

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-20 10:43 | Report Abuse

still keeping my 0.595/0.605/0.635 shares, YUMMY

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-20 10:54 | Report Abuse

Your patient and confident are rewarded. Congra! Lu really Fa Tat.

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-20 11:05 | Report Abuse

thanks fa sifu bsngpg, my amprop/osk oso doing not bad, can ask 1 think boh? can padini sustain such high div yield boh?

Posted by tham hoe yean > 2015-04-20 11:07 | Report Abuse

Mmccorp up a lot too, must be big news announcing soon

bsngpg

2,842 posts

Posted by bsngpg > 2015-04-20 11:11 | Report Abuse

Ai yo, Padini is my biggest loser so far. I have no eyes to see.

I read somewhere that the mgt of Padini committed div at min. 10cents for this year.

Posted by Sat7101964 > 2015-04-20 20:37 | Report Abuse

Some announcement soon on this counter...

stteck

756 posts

Posted by stteck > 2015-04-20 21:50 | Report Abuse

Sat, what announcement

asriruslan

2,081 posts

Posted by asriruslan > 2015-04-21 09:05 | Report Abuse

1RM on the way>smile

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