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...?
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...
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.
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.
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...
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.
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.
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.
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.
@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.
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.
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.
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.
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, 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!
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.
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....
iamfatt
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Posted by iamfatt > 2019-12-11 17:08 | Report Abuse
https://zhuanlan.zhihu.com/p/59097387