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2019-10-15 16:52 | Report Abuse
Thanks MingGoon, I think Salute has a great potential.
2019-10-13 09:53 | Report Abuse
Very nice explanation, Investrader, you have addressed very well. Capital reduction is very bad to the company. Imho, this counter is very risk to invest now.
2019-10-12 11:50 | Report Abuse
@Fred, no sure, difficult to predict.
2019-10-12 09:51 | Report Abuse
Bdi =1929, continuous down and now continuous up..quite strange movement
...
2019-10-10 11:32 | Report Abuse
ya, be careful, once budget is out tomorrow, it will drop like shit..
2019-10-10 06:05 | Report Abuse
Very simple, everyone wants to earn money, if a shares is overvalued, then definitely will call for sell, including directors. Who in earth is so stupid to sell a share when it has potential to raise further.
2019-10-09 09:35 | Report Abuse
Perhaps due Chinese holiday is approaching to an end, ordering of dry bulks start to increase.
2019-10-09 08:32 | Report Abuse
I thought the correction was over already, this is evidenced by moderate volume today with a marginal rise, do u agree?
2019-10-08 19:13 | Report Abuse
MK76, They have their own palm oil refinery mill (not the crude palm oil mill)which set up as a individual company outside this group of company...
2019-10-07 19:34 | Report Abuse
Don't test, dangerous counter
2019-10-06 17:20 | Report Abuse
Maybulk unclear direction ahead.
The increase in BDI will depend on whether most of the countries are willing to comply with IMO 2020 rule or NOT..
2019-10-06 17:16 | Report Abuse
It seems can't drop any more, lowest of lowest, Buy now and wait for Budget 2020 announcement for the education direction.
2019-10-04 15:23 | Report Abuse
10 years profit has reflected in the price already...what do the buyers want?
2019-10-04 15:21 | Report Abuse
oh my god...what has happened?
2019-10-04 11:06 | Report Abuse
That is interesting, go up non-stop..
2019-10-04 09:43 | Report Abuse
The sharp increase in price in too aggressive..not normal...either the co has received substantial amount of order that are shift from China due to US tariffs or there are shorties coming in or both.
Beware..
2019-10-03 09:35 | Report Abuse
I agreed to MingGoon. the article below is really impressive
1). Salutica is poised to make a comeback in FY20. The company’s major client, Customer A, has recently released its third generation of true wireless earbuds with an upgraded Bluetooth chipset developed by Salutica, in collaboration with a Netherlands company. The new Bluetooth chipset promised to rectify the connectivity issue which has plagued the previous 2 models.
2). Top technology reviewers like TechRadar, WIRED, Android Central and CNET have also acknowledged the improvements in the new earbuds, giving it a reputable rating of 4 to 4.5 stars. Feedback indicated that the new earbuds surpassed market-leading brands from the US and Denmark in its size (compact), battery life (longer) and audio quality (better).
3). We foresee Customer A making up lost ground with the new earbuds that allow L/R simultaneous connection to the audio source for a more stable connection. Meanwhile, the US and Denmark rivals are still using conventional master/slave connection that relies on cross-head Bluetooth transmission, which is prone to connection drops. Moreover, Customer A’s earbuds run on Bluetooth 5.0, while its rivals are still on Bluetooth 4.0.
4). In addition, the company has secured a job to produce 4 models of computer mouse for Customer A. This job is passed on to Salutica from Suzhou, China in order to avoid US tariffs. The first model has commenced production in July 2019 while the remaining 3 are slated to begin production in 2QFY20. The volume for mouse production is 7x larger than that for headset.
5). We envisage the non-seasonality of everyday mouse to cushion the off-season dips of headset production, particularly in 3Q and 4Q. This will help to the company avoid negative surprises. We forecast sales from mouse production to contribute 46% of the group’s revenue in FY20F while headset contributes 48%.
2019-10-02 20:31 | Report Abuse
Still below IPO price, so it id still worth to take the risk and buy in.
2019-10-02 16:26 | Report Abuse
loading more lots, hoping to earn some.
2019-10-02 15:56 | Report Abuse
@MingGoon, why tech stock uptrend now?
2019-10-02 15:28 | Report Abuse
hold very strong by the buyers, no panic sell
2019-10-02 15:10 | Report Abuse
Any reasons for semi super cycle coming? anyone?
2019-10-02 08:56 | Report Abuse
I believe it will move up to RM 1, even beyond RM 1, stay tuned..
2019-10-02 05:47 | Report Abuse
So strong movement, but no single official good news announcement by the company. Let see what is brewing..
2019-10-01 10:19 | Report Abuse
Expect continue to fall down a bit or flat.
2019-10-01 10:17 | Report Abuse
市场行情清淡,货盘稀少,节前多以观望为主,整体成交较少,长协为主。目前淡季压力明显,叠加70周年大庆环保检查趋紧、大秦线检修等因素,市场呈僵持偏弱局面,运价承压继续小幅阴跌。
月末及大庆临近,货盘释放已接近尾声,仍以砂石等非煤货为主,市场船多货少状态未见改观,下游终端电厂库存充裕,采购积极性较低,内贸市场需求继续呈现疲弱态势,外贸形势良好,运力外流。市场海运价续跌。
2019-09-30 12:58 | Report Abuse
@Minggoon, target price is how much?
2019-09-25 13:35 | Report Abuse
Armada is really impressive, index down but it up. I have a opinion that it is in the uptrend now. I really wish i have extra funds to buy in...
2019-09-25 12:17 | Report Abuse
oh no, no support..MingGoon guru mana?
2019-09-25 09:18 | Report Abuse
BDI=2116 on 24 Sept 2019
BDI 2000 is an important supporting point.
2019-09-25 06:30 | Report Abuse
Shipping companies can pass the surge in oil price to their clients. If the oil price is too high, they can add in 'bunker fee' in the shipping bills. So higher oil price actually has small influence to the shipping companies
2019-09-24 18:14 | Report Abuse
No need to shout to TTB. If u are unhappy with the performance, u can vote for dissolving ICAP Bhd next year as next year is the expiration of the ICAP 15 years biz.
2019-09-24 18:09 | Report Abuse
These few days correction have eliminated most of the unstable shorties. I think it is good for Maubulk in the long run
2019-09-23 21:20 | Report Abuse
Oh no, London bridge is falling down。。。
2019-09-23 21:01 | Report Abuse
Overvalued this counter, sell.
2019-09-21 09:10 | Report Abuse
@chinkeong88, where did u get the info to get such earlier info. Is this possible to share the link for us to get faster info?
Stock: [SALUTE]: SALUTICA BERHAD
2019-10-16 09:57 | Report Abuse
So sad, wishing to have extra fund to buy in..