The drop of revenue for Q4 is not acceptable. I do remember the Q4 result last year had been discounted 30% due to deferred launching of new model. 4QFY18 revenue was down by 18.6% yoy and 12.4% qoq due to decrease in sales order volume for the Bluetooth headsets as one headset model approaching end of life. I strongly feel that something go wrong...
Much to my surprise, the share price seem no more space to go down. Does it mean the worst period had gone? I am doubt on the directors or owner move. Especially on their disposal of shares just one month before announce the worst ever q4 result. Would it be consider insider trading? This is a question, not accuse
usd to myr has been strengthening from march 2018 3.86 to Sept 2018 of 4.15. With Fomc plan to further raise rate, USD will be strengthening further. If Salutica do not make major mistake, high possibility the next 2 quarters earning will substantially improve due to higher forex gain.
Dear Ken, Immediate target should be at least its IPO price. 1.5/1.6 is a bit too far as too many uncertainties in global scale and the sentiment is still pessimistic. haha....
Fobo contribution won’t be so big for salutica business and revenue. Their main business is still with Bluetooth headset. Developing new model can be good but the company is suffering the pain from the beginning state like development time consuming and costing, trouble shooting and uncertain Customer demand. I would say nothing to expect from here until the result is good
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valuebuy888
95 posts
Posted by valuebuy888 > 2018-08-30 10:10 | Report Abuse
I am waiting to exit please