RobertFong

RobertFong | Joined since 2018-03-19

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2019-10-21 13:47 | Report Abuse

What makes it more interesting is that, Salute has 96 mil net cash, it pays out RM 2.4 mil (DPS = 0.6 cents) per quarter. Conclusion: I thinks it's capable to pay consistent dividend. Potentially higher DPS after its business pick up. So, need patient to keep this equity.

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2019-10-21 13:45 | Report Abuse

Steven, salute is vertically integrated manufacturer, primarily focused on Bluetooth wireless devices with capabilities and expertise to carry out a full product development lifecycle, from product design, product development, product testing/ prototyping, product commissioning to manufacturing and assembly as well as sales and marketing.
If you think bluetooth earphone has potential, then Salute should, logically, has potential too.

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2019-10-21 13:43 | Report Abuse

If you look at the historical price of Salute, it hit $1.80 before. So, that give you some impression of possible TP for salute.

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2018-03-19 09:34 | Report Abuse

Hi all, anyone can answer my doubts in the Bursa announcement attachment:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5726033

The last page, point 9, it states: "please execute the enclosed duplicate of this Letter at the place indicated".

1) Can we accept the offer now?
2) Where is the 'enclosed duplicate of the Letter"? Is it referring to the same letter of point 9?
3) If yes, there is not 'place indicated', so how to send?