SALUTICA BERHAD

KLSE (MYR): SALUTE (0183)

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Last Price

0.435

Today's Change

+0.005 (1.16%)

Day's Change

0.435 - 0.45

Trading Volume

141,500


7 people like this.

5,301 comment(s). Last comment by XiongDaDa 1 month ago

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-12 09:08 | Report Abuse

This company got produce wireless earphones?

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-12 09:08 | Report Abuse

Like Airpod

Baby Shark

5,931 posts

Posted by Baby Shark > 2019-12-12 15:20 | Report Abuse

Takut bankrupt onli..

Baby Shark

5,931 posts

Posted by Baby Shark > 2019-12-12 15:28 | Report Abuse

Bought 0.45.. ran
Thanks all

Nepo

3,428 posts

Posted by Nepo > 2019-12-15 11:47 | Report Abuse

Hi, Good morning,

Now is Dec 2019, 2nd QR performance is going to end soon. If insiders get good news, sure going to buy in and cause the share price spikes up b4 QR releases.

But, what happen if this QR still not profitable or little profit...?

Anybody has some sales info?

sten_still

409 posts

Posted by sten_still > 2019-12-16 16:22 | Report Abuse

A good momentum for a good rebound..

sten_still

409 posts

Posted by sten_still > 2019-12-16 16:32 | Report Abuse

This company involves with the gov's initiative to take into IR 4.0...waiting for big money in cny later mah...they are producing wireless earphones and rest of electronic compartment we familiar with in the office...

Nepo

3,428 posts

Posted by Nepo > 2019-12-17 09:38 | Report Abuse

One fine day, the ship leaves the wharf without informing the passengers..
But whether it is a solid rebound or just a temporary rises, only insiders know..
A clue to consider is why there is a gap of opening when compare with the yesterday closing.

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-17 10:09 | Report Abuse

Salute engine starting today.
Cold Eye has bought a lot of Salute at much higher price than 0.75, you can check it out in Salute annual report.

Salute is a tech stock, and has great potential.
Check out The Edge last Sat, and you will know why.

Salute, lets ride on the wave together
Salute, all the people who buy Salute today, lets Salute each other and together we soar

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-17 10:10 | Report Abuse

I just top up Salute this morning

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-17 10:12 | Report Abuse

So this company got do wireless earphone like Aurpod isit?

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-17 10:12 | Report Abuse

Sorry for asking so much

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-17 11:11 | Report Abuse

The Edge Dec 14, 2019
Title : Salutica looking to hearables to diversify customer base

What is hearable ?
Hearables or Smart headphones are technically advanced, electronic in-ear-devices designed for multiple purposes ranging from wireless transmission to communication objectives, medical monitoring and fitness tracking. Hearables are therefore a manifestation of the concept of ubiquitous computing.

Why today, Salutica start a new wave again ?
Check back on The Edge Dec 14, 2019 ( Title is Salutica looking to hearables to diversify customer base).

Hint : Check out Salutica Annual Report ( Cold Eyes top guru investors, is Top 30 Shareholders), just recently purchased into Salutica.

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-17 11:12 | Report Abuse

Larrytrader So this company got do wireless earphone like Aurpod isit?
17/12/2019 10:12 AM

Larrytrader Sorry for asking so much
17/12/2019 10:12 AM

Larrytrader : No need to be sorry for asking. We all in this forum, main purpose is to help each other with the information we have. Sharing of information, so that each and everyone of us will be helping each other to get rich, or to get richer...

I am topping more Salute 0.735

Nepo

3,428 posts

Posted by Nepo > 2019-12-17 15:34 | Report Abuse

impressive, yes, the uptrend quite strong and stable.

Posted by BOBOINDIAN > 2019-12-17 16:23 | Report Abuse

please stay away from this company, new model do not give a superb result on next few qtrl report.

Posted by BOBOINDIAN > 2019-12-17 16:23 | Report Abuse

sell on each rebound

Nepo

3,428 posts

Posted by Nepo > 2019-12-17 18:30 | Report Abuse

BOB, Salute new model does not give superb result, any links to share with us?

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-17 18:53 | Report Abuse

Salute is best known for a vertically integrated manufacturer of wireless Bluetooth headset products for an American - Swiss peripheral device giant.

For its financial year ended June 30, 2019, Bluetooth headsets made up about 90% of the group's total revenue of RM138.97 Million, with just that single customer contributing RM124.139 million.

Currently, Salute is in the midst of securing 6 more new customers, one each from Australia, Canada, Europe and Vietnam and two from the US.

Customer from Australia involved in Bluetooth headsets, while others are in other types of product applications such as security access and identification, smart homes and cognitive assessment.

These new clients will contribute an additional 40% to Salutica top lines.

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-17 19:00 | Report Abuse

In the coming years, headsets will evolve to become hearables, and will no longer be worn inside our ears just to listen to music or for phone calls.
They are going to have a lot more functions such as fitness and health tracking as well as the ability to pick up voices accurately enough that your voice could become the next input function for your smartphone. Hearable are a growing market estimated at USD 18 billion.

Today, when users communicate with virtual assistants such as Apple's Siri, and Amaxon's Alexa, the computing is largely dependent on voice input. People want to be able to have computing around us anytime, anywhere. I want to be able to say something and get a response from my smartphone and computer. The only way for this to work in a seamless fashion is to pick up voices in an accurate manner.

Hence, Salutica needs a strong technology partner to miniaturise the current form of its product. Salutica has formed a strategic partnership with a Dutch based company, whose engineering team is able to provide exclusive chipset technology that uses very low power consumption. That means we can put in a smaller battery and make smaller products. We have to balance the industrialisation process and the chipset architecture. Both come hand in hand to create the hearables of the future.

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-17 19:10 | Report Abuse

That's why Salute this morning from 0.705 shot up and close at 0.775.

Salute has break out from the resistance level, and coming soon TP : 0.865 / Next TP 1

As always, choice is yours, to believe or not to believe.
To get rich or to get richer..

5.4 Million volume today.

Tomorrow, Salute will go up another new high, another new wave...
Still cheap to buy Salute right now.
Cold Eyes, enter Salute at much higher price than now, Cold Eyes is top 30 shareholders of Salute.

human

214 posts

Posted by human > 2019-12-17 20:58 | Report Abuse

@MingGoon, what reference for Mr Fong share purchase is above 0.7?

human

214 posts

Posted by human > 2019-12-17 21:01 | Report Abuse

if referring to latest wireless headsets, then the review is good.
Can check major US retailer Amazon and Bestbuy customer review. Those that familiar with US consumer behavior generally use Amazon and Bestbuy customer review as reference for consumer electronics reception.

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-17 21:38 | Report Abuse

Thanks MingGoon for the infos,looks like a potential growth company

Nepo

3,428 posts

Posted by Nepo > 2019-12-17 21:42 | Report Abuse

@MingGoon, Currently, Salute is in the midst of securing 6 more new customers, one each from Australia, Canada, Europe and Vietnam and two from the US.
=======
Very good news, Look like u have insider info.

Nepo

3,428 posts

Posted by Nepo > 2019-12-18 09:31 | Report Abuse

Salutica may climb higher, says RHB Retail Research

KUALA LUMPUR (Dec 18): RHB Retail Research said Salutica Bhd may climb higher after posting another white candle and leaving an upside gap.

In a trading stocks note today, the research house said given that yesterday’s long white candle has recovered above the 21-day SMA line, indicating a positive sign.

“A positive bias may emerge above the 74 sen level, with an exit set below the 66 sen threshold.

Posted by smallfisher > 2019-12-18 09:59 | Report Abuse

uptrend , keep this momentum

coolpe19

10 posts

Posted by coolpe19 > 2019-12-18 10:40 | Report Abuse

TP 0.88

Posted by Vince Sinclair > 2019-12-18 12:59 | Report Abuse

MingGoon, how did you know ColdEye bought at higher prices? I read somewhere that he bought at close to RM0.50. I could be wrong.

Posted by greatinvestor > 2019-12-18 18:53 | Report Abuse

Last year, in terms of financial results, we hit rock bottom. Moving forward, we should be able to maintain our profitability. We know what we want to achieve over the next three to five years.

“The losses last year happened because of weak market sentiment arising from the [US-China] trade war, but we cannot stop spending and hiring ... we have to look beyond one year. We are on a different journey now. In fact, we feel better than before because we are going blue ocean, says James.

Nepo

3,428 posts

Posted by Nepo > 2019-12-19 06:00 | Report Abuse

Thanks @greatinvestor for sharing the link.

James (Salute managing director) maintains that the worst is over.

“Last year, in terms of financial results, we hit rock bottom. Moving forward, we should be able to maintain our profitability. We know what we want to achieve over the next three to five years.
========
From the above statement, it may give a hint that that performance of the current QR (Jul 19 to Dec 19) is quite satisfactory.

Posted by smallfisher > 2019-12-19 16:51 | Report Abuse

what happen keep droping

lai81533

987 posts

Posted by lai81533 > 2019-12-20 05:26 | Report Abuse

profit taking

Nepo

3,428 posts

Posted by Nepo > 2019-12-20 06:01 | Report Abuse

Be patient, stay firm, the worst is over.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2019-12-23 10:29 | Report Abuse

Yeah, one of my chart's indicators say that the worst seems to be over.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2019-12-23 11:31 | Report Abuse

It's the new trend - wireless ear buds. Looks cool for the now generation. The sale of wireless ear buds (aka wireless head sets) are soaring especially in China.

And Salute is producing these with reputedly one of the best state-of-the-arts technology.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2019-12-23 16:43 | Report Abuse

No more "material lead time" dampener on profits in coming quarter results.

upsidedown119

4,326 posts

Posted by upsidedown119 > 2019-12-24 09:36 | Report Abuse

Something's happening. Those buying at higher prices don't even bother to queue at lower prices.

flexibt

471 posts

Posted by flexibt > 2019-12-26 09:21 | Report Abuse

uptrending

bjgdila123

3,470 posts

Posted by bjgdila123 > 2019-12-26 10:05 | Report Abuse

sell & runnnnnnnnnnnn

Investeye

2,347 posts

Posted by Investeye > 2019-12-26 10:12 | Report Abuse

upsidedown119, Yes, something was happening. My buddy just came back from his hometown Ipoh; and told us that this company had a long shutdown (a few days before x'mas and until the end of this year). This is about 30% off!

Simple Man

908 posts

Posted by Simple Man > 2019-12-26 10:59 | Report Abuse

huge volume Q sell at 0.9.. sell before to late.

ben_ns

404 posts

Posted by ben_ns > 2019-12-26 11:27 | Report Abuse

Don't think so....some good news soon maybe

upsidedown119

4,326 posts

Posted by upsidedown119 > 2019-12-26 12:09 | Report Abuse

Investeye, what is the reason for the shut-down?

flexibt

471 posts

Posted by flexibt > 2019-12-26 12:14 | Report Abuse

some factories like that one before year end..

Wing Tai

71 posts

Posted by Wing Tai > 2019-12-26 13:55 | Report Abuse

These are all rumours spread, to sell down for cheaper prices to collect otherwise, no more chances to collect at lower prices, Haha.
Ride on with the wave.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2019-12-26 14:43 | Report Abuse

osram also shutdown le

Jokers2020

2,006 posts

Posted by Jokers2020 > 2019-12-26 14:49 | Report Abuse

will go up to 1.20 again

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