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

ming

2,081 posts

Posted by ming > 2019-09-24 23:00 | Report Abuse

Try sikit..

Nepo

3,405 posts

Posted by Nepo > 2019-09-25 12:17 | Report Abuse

oh no, no support..MingGoon guru mana?

tracker113

273 posts

Posted by tracker113 > 2019-09-25 13:13 | Report Abuse

gone case

MingGoon

1,774 posts

Posted by MingGoon > 2019-09-25 16:18 | Report Abuse

Nepo - have faith, and believe in Salute
You will never regret it
Collect Salute as today, price weak , collect and hold
very soon you will see Salute RM1
and no need to thank me

MingGoon

1,774 posts

Posted by MingGoon > 2019-09-25 16:19 | Report Abuse

Nepo - however you buy at your own risk
and those who believe in Salute
Have faith in your own decision and faith
You do not need to follow except in your own decision
Salute up or down, your decision to make profit or loss
You decide yourself

Posted by ionlywanttoearn > 2019-09-26 15:27 | Report Abuse

go see how mnay units left in amazon
is out of stock
look at the reviews
logitech will certainly give more contracts to salute

vinc3362

245 posts

Posted by vinc3362 > 2019-09-27 09:44 | Report Abuse

ionlywanttoearn..... thanks for the useful update

ming

2,081 posts

Posted by ming > 2019-09-27 18:37 | Report Abuse

No bad.. one more round then monday can dispose jor.. this week really 吓死宝宝了

Posted by ionlywanttoearn > 2019-09-28 20:28 | Report Abuse

Wow..seems like people start to properly read the fundamental if salutica. Good news for us who collect low

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-28 21:43 | Report Abuse

This salitica is amazingly,
Only Vs industry can match it

Both amongst the fastest recovered Ems counters .

While, others ems has just start consolidated with a mild upward.
Only thing is , salute need a convincingly quarter before it can break 0.82

Vsi has stronger muscles to explode for more.
Skpres catching up after vsi delivered nice set of 2 continuing quarter witg strong growth of 34%.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-28 21:44 | Report Abuse

My salute to all saluticians here !

Posted by SeekingValue > 2019-09-29 09:11 | Report Abuse

Salutica is a technology gem rather than purely an EMS manufacturer which we have quite a few here in Bursa. The successful EMS that we have here manufactures for other consumer product companies that own the technological know how but Salutica is heavy into R&D on Bluetooth which has resulted in Bluetooth 5.0 in collaboration with the inventor of Bluetooth Jaap Haartsen.

https://www.invent.org/inductees/jaap-c-haartsen

This Bluetooth 5.0 is now in Jaybird Vista which has received rave reviews as one of the top 3 earbuds in the market and probably number 1 for fitness fanatics due to the size connectivity and waterproof nature of the buds.

https://www.forbes.com/sites/bradmoon/2019/09/21/jaybird-vista-review-true-wireless-earbuds-set-new-high-bar/#76e8c34d54a3

If you visit Salutica's webpage, the focus and visuals is on their FOBO TPMS product which was self developed by their team. Management guides that the FOBO range has high margins but at present represents a small percentage of annual revenue so this is something for the future. This point highlights that Salutica is a forward looking technology gem which is rare in Malaysia.

After the IPO in 2016 institutional funds bought heavily into the stock with valuations of 20x PE on the growth story with bluetooth/jaybird/plantronics/neonode airbars. The launch of the previous Jaybird earbuds encountered connectivity issues with the Master/Slave modules which resulted in the company embarking on a re-engineering effort which has resulted in this Bluetooth 5.0 in the latest Vistas which will be reflected in the next 2 sets of results. This know how with Bluetooth 5.0 will result in future contracts for the company.

Technology companies and EMS are probably the only bright spots for the Malaysian economy and Bursa at present as they are sort of insulated from the trade war. Looking at the share price in the last few weeks with high volumes on up days and lower volumes on down days and with only the AM Bank piece in the market, it strongly points to funds accumulating the stock. (See Friday 27th Sep when Bursa was in a sea of red)

When the insiders and funds have finished accumulating the stock, other research reports will appear. Other than the AM Bank piece, there is nothing written in the press and business publications. The stock had a false breakout from 0.675 a week ago...corrected and stage a recovery on Friday with strong volumes. When the real breakout happens the stock will move to a new level.

Check out the information above yourselves and watch the technicals volumes and business news for coverage and news on the stock. Early birds catches the worms!

MingGoon

1,774 posts

Posted by MingGoon > 2019-09-30 11:23 | Report Abuse

Salute Salute 0.715 now
A new high today Salute
Salute all of you, who believe in Salute
Salute go go go RM1 soon

MingGoon

1,774 posts

Posted by MingGoon > 2019-09-30 12:31 | Report Abuse

Salute 0.725 another new high today.
Congrats and Salute all salutitians !!

Nepo

3,405 posts

Posted by Nepo > 2019-09-30 12:57 | Report Abuse

MingGoon is sifu in Salute, great!

Nepo

3,405 posts

Posted by Nepo > 2019-09-30 12:58 | Report Abuse

@Minggoon, target price is how much?

GooShen

5,400 posts

Posted by GooShen > 2019-09-30 14:41 | Report Abuse

Only me dare to recommend 48c when no one bother to come in here to discuss. Now 72c, haters select not to see it and say I talk bad of Penta. Really sick they are.

MingGoon

1,774 posts

Posted by MingGoon > 2019-09-30 15:43 | Report Abuse

Nepo & GooShen : Salute , Saluting you both
We are all Salutitian , and believeing in Salute
Salute TP RM1 , trust and believe in yourself

GooShen

5,400 posts

Posted by GooShen > 2019-09-30 19:31 | Report Abuse

No need salute me, I am here to prove the excellent GooShen is always true!!

Robinson

334 posts

Posted by Robinson > 2019-10-01 10:32 | Report Abuse

but u sohem gooshen sold early haha

Posted by ionlywanttoearn > 2019-10-01 13:52 | Report Abuse

Salute to all salutica again.. all happy mou

Hotstuff

3,291 posts

Posted by Hotstuff > 2019-10-01 16:48 | Report Abuse

sold 200k at 0.80 profit 88k

Posted by howtoearnmoney > 2019-10-01 18:40 | Report Abuse

second dufu

Posted by GeniusTinker > 2019-10-01 21:33 | Report Abuse

Just become salutican last week, and sit on profit handsomely.. what a crazy stock.

Robinson

334 posts

Posted by Robinson > 2019-10-01 22:10 | Report Abuse

congrats hotstuff

Nepo

3,405 posts

Posted by Nepo > 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..

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-02 08:17 | Report Abuse

Congrats to all Salutitians ...
Yesterday is a new high 0.805.
Today, those contra players might throw.
Those who believe Salute will reach RM1, will hold tight, and add
But due to too high yesterday of 0.805, some salutitians will take profit
Fear no evil, fear no loss, if Salute drop today, buy more
If Salute another new high, add more.
Choice is yours... Salute to all Salutitians....

3iii

13,169 posts

Posted by 3iii > 2019-10-02 08:19 | Report Abuse

Its bluetooth ear gadget must be selling well for this Christmas.

Possible to hit RM 2

Nepo

3,405 posts

Posted by Nepo > 2019-10-02 08:56 | Report Abuse

I believe it will move up to RM 1, even beyond RM 1, stay tuned..

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-02 09:17 | Report Abuse

Buyers buying...

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-02 10:28 | Report Abuse

Salute is a tech stock...
Tech stock uptrend
Collect now, Salute TP RM1
Salute all Salutitians

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-02 15:36 | Report Abuse

Salutica has successfully launched a series of patent pending products under its own brand “FOBO”. FOBO is an acronym for For Our Better wOrld. FOBO products such as the world’s first all Bluetooth Smart TPMS FOBO Tire and FOBO Bike, FOBO Tag/Max are designed to enhance ways of living and to help preserve the environment. Developed and manufactured by Salutica, FOBO products are being sold in 28 countries across Europe, Americas, Middle East, Asia, Africa and Oceania.

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-02 15:42 | Report Abuse

Salutica -LMW License (in/out logistics without tax), tax free incentive obtained
BLUETOOTH
Salutica have been developing Bluetooth products such as wireless speakers, mono and stereo headsets since 2006 for many customers. Salutica expand its knowledge in Bluetooth to involve in Internet of Things(IoT) via wireless tags, iBeacons and World’s first All Bluetooth Smart Tire Pressure Monitoring System(TPMS) in the brand of FOBO.
OPTICAL TOUCH SYSTEM
Salutica manufacture optical light guides for patented optical touch solution from Europe
PATENT PENDING TECHNOLOGIES
Salutica filed patents for the following
CrossPair
- This technology allows FOBO Apps to seamlessly be used in multiple devices using a sign-in ID while retaining previously recorded data.
- It allows also sharing of FOBO Apps with multiple authorized users.
WebSearchMe
- This technology enable crowd searching via FOBO Apps.
F.I.T.(FOBO Intra Connect)
- This is a technology that enables harvesting of environmental data by clusters of individual sensors and then transmits the data amongst inter-connected clusters to a final receiver.

Now you know why Salutica is a technology gem !!

Nepo

3,405 posts

Posted by Nepo > 2019-10-02 15:56 | Report Abuse

@MingGoon, why tech stock uptrend now?

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-02 16:21 | Report Abuse

Nepo .. Inventory stockpile diminishing, and need to be replenish...
That's why tech stock uptrend now
Salute - once other research reports covers Salute, price will no longer be this cheap.
Near TP RM1, Next TP RM2
Salute to all Salutitians.

Nepo

3,405 posts

Posted by Nepo > 2019-10-02 16:26 | Report Abuse

loading more lots, hoping to earn some.

pang72

51,366 posts

Posted by pang72 > 2019-10-02 19:39 | Report Abuse

Today playing Bluetooth..... Haha

Nepo

3,405 posts

Posted by Nepo > 2019-10-02 20:31 | Report Abuse

Still below IPO price, so it id still worth to take the risk and buy in.

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-03 09:24 | Report Abuse

Loading more lots, today is a good buy
Salute near TP RM1, Next TP RM2

Nepo

3,405 posts

Posted by Nepo > 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%.

AuRindo

74 posts

Posted by AuRindo > 2019-10-04 01:04 |

Post removed.Why?

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-04 09:41 | Report Abuse

Salute a new high of RM0.865. Congrats all Salutitians
Those intend to hold for long term ok.
If those traders, might consider taking profit as today is Friday
Contra players will be taking profit
Wait for the next price corrections, and all Salutitians get ready your bullet on Monday
Cheers, Salutitians

Nepo

3,405 posts

Posted by Nepo > 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..

k6ii

1,873 posts

Posted by k6ii > 2019-10-04 10:14 | Report Abuse

Any news from Europe site?

James Ng

2,704 posts

Posted by James Ng > 2019-10-04 10:23 | Report Abuse

https://klse.i3investor.com/blogs/general/228270.jsp
[转贴] [SALUTICA BHD:不断创新FOBO tmps的过程已经见证了FOBO Midget的发布,该产品在市场上被冠以FOBO Bike 2的称号,其更小的传感器比其前任产品更能在蓝牙5.0技术上运行] - James的股票投资James Share Investing

Posted by BeginnerLearner > 2019-10-05 09:16 | Report Abuse

Looks like the next 0.90 barrier would be breached next week, else it will soften.

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-05 14:34 | Report Abuse

Salute Financial Review :
Last Aug2019 Release Qtr ( Financial Qtr June30,2019) - Net Loss (RM813,000)
Last Preceding Release Qtr Nov2018 ( Financial Qtr Sept 30, 2018) - Net Profit (RM2,335,000)

Although Salute has started commercializing products relocated from China by customers. They expect to see further growth in this area. Sales for their in-house brand FOBO tire pressure monitoring system (“tpms”) continues to grow although contribution to the total revenue for the Group is still low.
This means that the coming Qtr to be release in next month Nov 2019 , the expected Profit will still be low.

Salute has been on a new high at RM0.865, there will be some price correction in the near future spiral downwards towards Nov 2019 in anticipation of a lesser favourable profit.

MingGoon

1,774 posts

Posted by MingGoon > 2019-10-05 14:40 | Report Abuse

The continuous focus to innovate FOBO tpms have seen the launch of FOBO Midget, which is branded as FOBO Bike 2 in the market, with even smaller sensors that its predecessor and running on Bluetooth 5.0 technology. This will propagate into FOBO Tire Midget when it’s launched tentatively in next quarter.

Based on the above, the future for Salute is still very promising but it needs to get over the Nov month, and thereafter , Salute future will be favourable.

Those bought cheap can still hold, as the TP still RM1.
Those who take profit at RM0.865, congratulations
It is important to calculate the risk/reward as the recent upward movement has pushed the price to be quite far from the support level of RM0.725.

Those intent to buy may wait for further price correction, and then enter.
We all like to buy low, and sell high, to maximize our profit.
Salute all Salutitians...

Robinson

334 posts

Posted by Robinson > 2019-10-05 21:56 | Report Abuse

lauyw go eat shit

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