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
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?
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.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Dean Tan
1 posts
Posted by Dean Tan > 2017-05-29 18:41 | Report Abuse
....haha...