I wonder what is the reason Salcon suffers from heavy selling pressure.
STOCK MARKET DISCUSSION V66, PET.CHE In & BJTOTO Out, CI will leap ??
STOCK MARKET DISCUSSION V66, PET.CHE In & BJTOTO Out, CI will leap ??
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Nov 23 2010, 09:31 AM
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Junior Member
467 posts Joined: Apr 2008 |
I wonder what is the reason Salcon suffers from heavy selling pressure.
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Nov 23 2010, 09:45 AM
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467 posts Joined: Apr 2008 |
I noticed the 1 hour suspension about the notice of Salcon Asia yesterday triggered the fall.
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Nov 23 2010, 10:22 AM
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QUOTE(GregPG01 @ Nov 23 2010, 09:47 AM) you may want to read their proposed restructure that was out yesterday. 2 word files from bursa's site. Yes, I read the announcement yesterday during the suspension. But I don't see anything wrong, the management claims this is to grow even bigger in future. Mind to expand your Point of view. |
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Nov 23 2010, 10:36 AM
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467 posts Joined: Apr 2008 |
What matters now is how Salcon would utilise the cash after the S&P. From how they claim if would be much possible for more expansion, in this case.....could it be someone pressing down the price to accumulate more stock ?
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