Ya. As long as you can entry low. Then consider a bit safe to invest this business. In current price, market have expectation to Salute. That why lost profit company share price still above book value.
I still have my doubt on the company management, and dont like certain things that I see... but the risk reward is at the moment still promising and so will put some money and see the outcome by end of this year.
Yup, clearly too much info has been leaked by you to the public ....
Hi lee901, frank to said, this question hard to answer. Because it involve prediction, salute need few quarter only can see more clear pic from TWS contribution.
Cause management said Q1 2021 start mass production for few TWS product. So prediction for nx Q is good.
But Revenue only counted when product delivered to US. Now the shipment a bit pack n slow
That why my game plan is 1 year holding period. Operating expenses I’m not so worry from a businessman view. Cause if you are founder, you will try you best to let the factory to operate cause your order is there. Plus this MNC won’t give contract to company who going to bankrupt to produce their product.
From basic fundamental, this company is lousy and dangerous. Ppl who want to invest it, prepare for uncomfortable.
We get US FDA establishment registration and medical device listing for a hearing aid
Multi-product strategy to broaden sales opportunities in US by catering to a growing base of underserviced customers with a wider spectrum of hearing loss; expected to be launched in US later in the calendar year.
global USD $9billion per annum (North America USD $3.37 billion) hearing aid market¹
Market reasonable price extimate at 0.515, and will not break this wall, however buyer yet collect enough number of share , it might need to take 2 more weeks to accumulate
Our products are intelligent earbuds with part of the functionality that is typically described as Personal Sound Amplification Product (PSAP) that also has Bluetooth capabilities to allow you to connect to smart devices for phone calls and audio streaming.
Could you please elaborate the following functions in more detail..as I couldn't get it..(is it a hearing equipment that has a ability to convey the speaker sound via Bluetooth to the mobile phone which is place a distance away..?)
Quote:
'Personal Sound Amplification Product (PSAP) that also has Bluetooth capabilities to allow you to connect to smart devices for phone calls and audio streaming'.
Hmmm..... I overlook this dividend reinvestment plan....
The issue price of the New Shares, to be determined and fixed by our Board on the Price-Fixing Date, and which shall be an issue price of not more than 10% discount to the 5-day VWAP of Salutica Shares immediately preceding the Price-Fixing Date, of which the VWAP shall be adjusted ex-dividend before applying the aforementioned discount in fixing the issue price at the material time.
I am not a big fans of this actually.... Unless the price fixed is attractive... else why do we need to force ourselves into buying higher price share later on....
We can always buy from the market....
erms..... did I miss out anything, what is your opinion Felixck?
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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....
Felixck
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Posted by Felixck > 2021-03-01 11:57 | Report Abuse
Ya.
As long as you can entry low. Then consider a bit safe to invest this business.
In current price, market have expectation to Salute.
That why lost profit company share price still above book value.
Cheer