Revenue increase because computer peripherals demand increase during covid 19, most probably in US market. (produced for Logitech, US)
But the profit margin for computer peripherals is very low although the volume that sold is huge.
The main product(profit margin is relatively high), Bluetooth for tws, demand decrease only account for 58% of the gross sales revenue.
All in all, this QR not surprise, not too bad but definitely not good. Hopefully the demand of Jaybird TWs will pick up Better still get more buyers for its Bluetooth product.
Any hopes to this counter? The success of Salute will depend on the innovation of its Bluetooth technology.. You believe the boss, you buy and hopefully he doesn't bring u to Holland..
@Nepo I’m very disappointed their TPMS revenue.if I’m not wrong,they are the only company in Malaysia manufacturing this,I hv no idea why Perdoua or Proton there,they couldn’t get any projects.
based on the latest QR, the worst appeared over, the Bluetooth technology will grow further together with other application such as hearing aids and health related devices.
Continuous production of corded Bluetooth headset Launch of FOBO Bike 2, its sensor is 50% smaller than the previous generation Continue sales of FOBO Tire, FOBO Ultra and FOBO Tag 3 Trends in the Production Wireless Mouse Headset Market The market for traditional corded Bluetooth headsets is gradually crowding Bluetooth chipset module in the market lowers barriers to competitors Traditional production technology limits the size, shape and RF performance of TWS (Truly Wireless System) Research HEARABLE, focusing on microelectronic encapsulation and miniaturization
If successfully reducing the size of the product, HEARABLE products will have more uses and can be used in more ways
The company continuously improves its capabilities and recruits’ talents so that the next generation of HEARABLE can be industrialized
Since 2016, HEARABLE has exploded in the market, and the market size is expected to reach USD 18bil in 2020
In 2019 alone, 120 million HEARABLEs are expected to be sent worldwide
Q: The funds of the expansion just mentioned have been accounted for?
A: Yes.
Q: How does SALUTE and partners distribute profits?
A: This is a sensitive question, and we are not convenient to answer it in too much detail. All we can say is that we have signed some contracts, the products are sold, they earn their part, and we earn our part. However, if we develop a new technology together, Salutica (SALUTE) has the first property right.
Q: How many percent of Q3 and Q4 mouse production accounts for the maximum production capacity?
A: Before this product was just launched, the first batch of goods had to be transported before it could be sold. Due to the problem of transportation time, there was an “empty window period”. The subsequent capacity will be produced at the maximum capacity.
According to the CEO words, SALUTE will still have some fluctuations in the short term (3 to 4 quarters), but in the long run (beginning in 2021) the company will have very good results. And when the management presents the company's direction and goals, it is very confident, and knows exactly what they and the company are doing. The CEO is even confident that he can take the SALUTICA brand worldwide and occupy a place in the industry, because they have exclusive technology on the chip.
Hi LKSGSH, look like you are very familiar with Salute. Do you have inside information to share with us. Frankly speaking the director has cheated us before..I m not quite confident with this co..
Salutica - Higher order forecasts for key customer Author: AmInvest Publish date: Fri, 1 Nov 2019, 9:35 AM
Investment Highlights We maintain our BUY recommendation on Salutica with a higher fair value of RM1.06/share (previously RM0.61/share) pegged to a rolled-forward FY21F PE of 14x. We have increased our FY20F–FY22F earnings forecasts by 20-28% to account for higher order forecasts from Customer A after visiting the group’s Ipoh plant recently. Key takeaways from the meeting:.
====={{{}}}}==== Based on the above report, just feeling the director is not sincere ( meeting with Aminvest).. .this report would have induced some people to buy the stock..
... however no wrong or right in stock market..trade at your own risk..I m a poor investor...:( Cry..
Gonna fly today. It’s major client Logitech, report blow out earning as demand for the computer peripherals including hearable device soar as more ppl wfh during the pandemic..
Logitech latest QR result is good but not for Bluetooth hearable earphones..below is my extract from Logitech report ====={{{}}}}==== ya, and their main profit still depend on bluetooth. expected another 2 quarters loss making
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....
harry_7
467 posts
Posted by harry_7 > 2020-08-18 19:40 | Report Abuse
Up liao wo... cold eye is inside meh?