SALUTICA BERHAD

KLSE (MYR): SALUTE (0183)

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Last Price

0.425

Today's Change

-0.01 (2.30%)

Day's Change

0.425 - 0.43

Trading Volume

34,100


7 people like this.

5,301 comment(s). Last comment by XiongDaDa 3 weeks ago

Posted by Dean Tan > 2017-05-29 18:41 | Report Abuse

....haha...

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-29 21:09 | Report Abuse

with this kinda quarter results this stock worth 1.70? tipu lah should be below 1.00

hueyyng27

298 posts

Posted by hueyyng27 > 2017-05-30 09:38 | Report Abuse

market did not buy ....

Posted by Wawai Samah > 2017-05-30 14:24 | Report Abuse

relax and enjoy the dumping...find the best spot to buy back

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-30 15:04 | Report Abuse

chun chun lah this stock really not worth this much also

Steve Jub

4,203 posts

Posted by Steve Jub > 2017-05-30 15:21 | Report Abuse

wow what happen

Posted by projecti2016 > 2017-05-30 15:37 | Report Abuse

wiping out majority of the profits gained

Posted by Cornerstone > 2017-05-30 15:38 | Report Abuse

no eyes see

optimus9199

2,794 posts

Posted by optimus9199 > 2017-05-30 15:45 | Report Abuse

Waiting patiently 1.40

Steve Jub

4,203 posts

Posted by Steve Jub > 2017-05-30 15:47 | Report Abuse

got dividend also drop?

BBgsold

227 posts

Posted by BBgsold > 2017-05-30 16:27 | Report Abuse

don worry, tomorrow wil up

Posted by projecti2016 > 2017-05-30 16:36 | Report Abuse

added some 1.50

NickLai

79 posts

Posted by NickLai > 2017-05-30 16:45 | Report Abuse

One stock that could go up and down so much in a day time is never a good stock. Unless you have a very good timing. Obviously someone is controlling the price. Luckily I sold it out when it reaches 1.85

Posted by OptimusCallMeBaba > 2017-05-30 21:10 | Report Abuse

Calling to double heads snake optimus9199, pls answer my question:

Posted by OptimusCallMeBaba > May 30, 2017 10:15 AM | Report Abuse X
optimus9199, I know you have been quietly selling many of them but keep asking people to buy at the same time, are you still holding any of these:
Gkent, Ekovest, Kerjaya, Econpile, superlon, magni, lii hen, padini, HSS, KESM, AEONCR, poweroot, AWC, Perstim, Yee Lee, Thong Guan, Poh Huat, MSC?

Posted by OptimusCallMeBaba > 2017-05-30 21:11 | Report Abuse

Don't ever trust this double heads snake optimus9199, he always talk big & ask people to buy but he quietly sell his shares

pdchs

575 posts

Posted by pdchs > 2017-05-31 10:04 | Report Abuse

the result very bad , same as Karex.. profit & margin going downhill.
Sell.....keep money first & wait & see.

kfh16

42 posts

Posted by kfh16 > 2017-05-31 17:12 | Report Abuse

Managed to collect some yesterday :D

Posted by projecti2016 > 2017-05-31 21:30 | Report Abuse

Good kfh16

azfar8

971 posts

Posted by azfar8 > 2017-06-01 11:16 | Report Abuse

the stock open at yesterday close but seem like keep dropping... could it be yesterday green is what they called the dead cat bounce?

kfh16

42 posts

Posted by kfh16 > 2017-06-01 17:35 | Report Abuse

relax.. closed at yesterday's closing price.

Bon Bb

2,889 posts

Posted by Bon Bb > 2017-06-05 14:23 | Report Abuse

the result isnt very bad..read the explanation..

Posted by Selvarajah1 > 2017-06-06 17:04 | Report Abuse

Stock is hibernating.
Expected downtrend ..Those who have not picked up...get ready to burn your fingers.

MoneyGamer

189 posts

Posted by MoneyGamer > 2017-06-10 20:30 | Report Abuse

From my analysis, bankers have dropped way below 25% and coupled with retailers selling out, this stock is on a short-term to mid-term downtrend. The only positive trend I noticed is that some inflow funds are slowly building up, meaning bankers have already started accumulating for last few days. Watch out for short-term uptrend before turning sideways.

Posted by projecti2016 > 2017-07-13 23:32 | Report Abuse

inside top gainer list today

rocketer

109 posts

Posted by rocketer > 2017-08-12 08:16 | Report Abuse

Time to accumulate

Posted by digger888 > 2017-08-14 20:24 | Report Abuse

Salutica Expects Headset Sales Volume To Rise By Half Next Year-Official
By Alexander Winifred
Nikkei Markets
KUALA LUMPUR (Aug 10) -- Malaysian electronics products manufacturer Salutica expects headsets sales volume to grow by half next year, aided by a new model that will compete with Apple's AirPods, its managing director said.

"We hope to hit three million" units from around two million units by the next fiscal year ending Jun. 30, James Lim told Nikkei Markets in an interview.

The company is partnering with an international consumer products brand to "create something that can beat Apple" and plans to launch the new product in September, he said.

Salutica's new earphone is part of a three-year plan to diversify income that includes raising sales of products sold under in-house brand FOBO to 25% of total revenue from the current 3%, Lim said. FOBO products include Bluetooth tracking devices and tire pressure detectors, as well as healthcare-related products, which are currently under development.

The Perak-based Salutica competes with manufacturers like China's Geortek Inc. to make the earphones that are mostly exported and sold across the world. Currently, production of earphones for Sony, Jaybird and Plantronics, make up over 90% of the company's annual revenue.

Apple sparked a stir when it released the AirPods along with the seventh-generation iPhone last year, ditching headphone jacks and the century-old technology known as analog for Bluetooth to transmit audio signals. "In five years' time, perhaps 50% of all headphones will be wireless," Lim predicts.

Salutica is in "serious discussions" with several car manufacturers to exclusively supply its tire pressure detection system, Lim said without elaborating. It also plans to launch a new Bluetooth sensor product by Dec. 25 this year, he added.

While the company expects to "maintain" last year's revenue levels for its earphone manufacturing division in fiscal 2017, it targets own-brand and original equipment sales growth of up to 20% driven by rising demand from existing and new clients, Lim said.

Salutica reported a net profit of 24.33 million ringgit ($5.67 million) on a record revenue of 241.83 million ringgit last fiscal year. Sales of Bluetooth-enabled headsets totalled 223.2 million ringgit, rising from 174.03 million ringgit a year earlier on the back of robust demand.

Shares of Salutica, which have gained 29.8% over the past year, are currently trading 0.7% lower at 1.48 ringgit apiece.


https://asia.nikkei.com/Markets/Nikkei-Markets/INTERVIEW-Salutica-Expects-Headset-Sales-Volume-To-Rise-By-Half-Next-Year-Official

Posted by projecti2016 > 2017-08-19 10:26 | Report Abuse

tough headset competition in the market.

rocketer

109 posts

Posted by rocketer > 2017-08-20 07:25 | Report Abuse

when will be quarter result out?

Epring

30 posts

Posted by Epring > 2017-08-22 18:14 | Report Abuse

QR just out

suregain

1,611 posts

Posted by suregain > 2017-08-22 21:46 | Report Abuse

Gap down

lazycat

899 posts

Posted by lazycat > 2017-08-22 22:09 | Report Abuse

salute /-_- https://www.youtube.com/watch?v=to1xT93IlUI

1888

2 posts

Posted by 1888 > 2017-08-23 14:59 | Report Abuse

coming, coming

1888

2 posts

Posted by 1888 > 2017-08-23 15:04 | Report Abuse

going up up, good....

Vicchai

40 posts

Posted by Vicchai > 2017-08-30 15:24 | Report Abuse

一路下!!!

Posted by Elaine Pan > 2017-08-30 16:18 | Report Abuse

Have faith...waiting product launching soon next month september

rocketer

109 posts

Posted by rocketer > 2017-08-30 19:28 | Report Abuse

Will be back soon

Vicchai

40 posts

Posted by Vicchai > 2017-09-05 10:43 | Report Abuse

Gg?

Posted by ppxx881234 > 2017-09-06 16:25 | Report Abuse

Product launches ... see the new product sales

wklee9113

179 posts

Posted by wklee9113 > 2017-09-07 21:20 | Report Abuse

Good to buy

wsngsj

32 posts

Posted by wsngsj > 2017-09-15 16:30 | Report Abuse

tp 1.63

Posted by projecti2016 > 2017-09-22 22:41 | Report Abuse

slowly

Posted by Kampungboy2118 > 2017-10-16 07:01 | Report Abuse

It is time to collect and going to fly

lai81533

987 posts

Posted by lai81533 > 2017-10-25 05:44 | Report Abuse

Target rm1.70

lai81533

987 posts

Posted by lai81533 > 2017-10-25 17:45 | Report Abuse

fly again tomorrow.

lai81533

987 posts

Posted by lai81533 > 2017-10-25 17:45 | Report Abuse

target rm1.80

lai81533

987 posts

Posted by lai81533 > 2017-10-26 07:13 | Report Abuse

Fly fly fly

k6ii

1,873 posts

Posted by k6ii > 2017-10-26 09:14 | Report Abuse

rocket ke?

Sniper86

516 posts

Posted by Sniper86 > 2017-10-26 09:32 | Report Abuse

Technicals looking so good now, looks like the sleeping dragon is awake now. Time for a fire blast.

lai81533

987 posts

Posted by lai81533 > 2017-10-27 05:43 | Report Abuse

Icapital biz

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