Any hint about tomorrow movement?

Still listing to con people ？ Wtf

Have gotten so many projects worth millions of dollars, why profit so little, fuxk

You can't trust this bullsxxx management team.

Fuxk

Listing with the purpose to con people, very smart

Fxxx fxxx fxxx

No biz still can survive?

Huck Huck Huck

So quiet here..

Listing nearly 20 years, share price down all the way till today. shxt

Retailers never have chance to make profit in this counter， holy sxxt!

Salute - AGM详情

据老板的言辞，SALUTE短期内（3到4个季度）还会有一些波动，但长远来看（2021年开始）公司将会有非常好的成果。而且管理层在呈现公司方向和目标时，非常非常有信心，而且非常清楚知道自己和公司在做什么。

CEO甚至有信心能把SALUTICA这个品牌打到全球，占领行业的一席之地，因为他们在芯片上掌握独家的技术。

本团队甚至得知，SALUTICA的员工都有买入公司的股份，出席股东大会的一些股东对老板的呈现感到满意

OMG, lousai

Where is CALVIN?
He has recommended very bad counter...really xxxx!

TSR mgt play trick to eat your money

@Mabel, Look at TH Heavy, with only one positive news it shot up 30% on a single day..

Very high risk, high risk high return..

Don't chase low, this is bankruptcy counter. The more u buy the more u loss

Share price dropped from 0 12 to 0.06, gone 50%
Very bad recommendation

Sell, btw where is Calvin...?

Don't fall trap into uptrend in this counter, it is just a scam

Sure sapu, no second thought?

Mgt can't trust

Vol not big, but price down， indicating retailers have no confident about coming QR result announcement..

It looks like sb is holding the price to prevent it to lose below certain level..

OMG , gap down

conman biz

Only good QR result can the price to move upwards.

You buy you die

Go to die

No operator in this counter at the moment

Lousy stock

The contract amount is RM 375000? so small contract. No big deal

You know what, this is fxxking co

Any updated news from the property development sector, I.e Jesselton development?

Hollow co can still listing?

What contract signed? No news..

I am waiting Revenue to CRASH, Cimb profit taking, now no more shield available for price protection

Investors all lose, ONLY co directors take all the benefits and profit, indeed it is con man co

空殼公司
Hollow company

The only CATCH now is Dow Jones crashes

Conman mgt, avoid this co

What happen? Unbelievable uptrend

Very bad counter

Nice review
=================================

Salutica - Expecting Better Quarters Ahead
Date: 17/01/2020

Source : AmInvest
Stock : SALUTE Price Target : 0.95 | Price Call : BUY
Last Price : 0.88 | Upside/Downside : +0.07 (7.95%)

Back

Investment Highlights
We maintain our BUY recommendation on Salutica with an unchanged fair value of RM0.95/share, pegged to an FY21F PE of 14x. We keep our forecasts unchanged.

We have gathered the following developments from the group since our previous update:
In 1QFY20, Salutica’s order fulfillment had been impacted by material lead time constraints due to customization of certain product parts from suppliers. The group said that as at January 2020, the material lead time constraint seen in the previous quarter has normalized.

Higher contribution of its new 3rd generation truly wireless stereo (TWS) headphones to be captured in 2QFY20, leading to expectations of higher revenue. Production started in August 2019 (end-1QFY19) and there was an initial low launch volume of the product captured in the previous quarter.

On 28 October 2019, Apple had launched its new in-ear true wireless airbuds, AirPods Pro in the US, with features such as active noise cancellation and transparency mode which allow users to listen to music and still hear the sounds of the environment around them e.g. in traffic while going for a run. The price of the AirPods Pro is US$249 (39% higher than Customer A’s new TWS headphones’ price of US$179). Despite this, Salutica said that Customer A’s forecasts remain unchanged. We thus maintain our forecasts.

Salutica has been working on diversifying its client base in order to reduce customer concentration risk and The Edge Markets MY website reported that the group is in the midst of securing 6 new customers from Australia, Canada, Europe, Vietnam and the US although we note that the projects potentially secured would start from a small base.

We reiterate our BUY recommendation on Salutica as we are still optimistic on the group’s earnings recovery in 2020 due to a slate of product launches i.e. the aforementioned new TWS headphones and the production of four computer mice for Customer A.

The group is expected to gain from its exposure to the growing TWS market which is seen to benefit from the trend of removal of headphone jacks in smartphones. Meanwhile, in the next 3–5 years, Salutica plans to address the hearable devices market to go beyond music with various applications such as in hearing enhancement, fitness tracking, health monitoring, and better compatibility with virtual assistants e.g. Apple’s Siri and Amazon’s Alexa.

Source: AmInvest Research - 17 Jan 2020

Down risk is backed

@Titan, agreed
Buy call. Don't miss this low risk opportunity to buy in.

It seems that sb or a group of investors are accumulating the stock or the stock has good news to announce...

market regards Salute as a tech stock, together with KESM, MPI, UNisem and Vitrox as the top few gainers today..

Post removed.Why?