@GoldSilver thx for the correction. It is RM 83m,the last QR. Anyway, It’s still the highest according to the past record. 2nd is RM 60m, happened in 2017.
haha Salute and Ipoh first went into EMCO early June, then national MCO.... but now they recover earlier while Selangor-KL side companies will face at least 2-4 weeks of EMCO.....
The prospect of Salute is good. just dont look at share price, look the business. When u know the mnc keep coming in and a lot of enquiry, you know that return to profit is just matter of time. You know more, more confidence.. if just use share price to judge company. then susah lo...
Management have said before that they will request the existing old customer to give more model for salute. So, we can expect the new model coming soon.
and i feel salute sometimes lack of luck. when wanna booming soon , covid 19, lock down. when got potential customer, chip shortages, banyak obstacle... lol
Mercury, totally agree to u. Too much thing happened and not benefiting Salute. But based on the coming product in mass production, i.e. Gen 2 tws for 3 customers, FOBO, and 2 more new products, the QR should be able to slowly turn green
On top of that, capex use for new production line and upgrade of existing production line, also another clue for increase of mass production, on top of new products. Just like VS (another EMS), new product will always get small production quantity and slowly increase to bigger production, Salute's new customer will practice the same. If everything as per plan, then Salute should expect better QR slowly.
GoldSilver, yes, chip shortage also may affect them as some customer may slowdown the product launch.. but this is worldwide scenario. for the mass production, when one product launch, it need time to ramp up. Salute production is base on forecast, not order book. Salute got own chipset, more enquiry especially trade war between US and China.
Felixck is about to abandon this ship. Buy this stock need to be careful because it is either fly or die. No need to hurry buy in Wait until good news announce
you only can check which broking firm buy or sell to you on the same day. for example, you done transaction today, the you can click the transaction and see the detail.. some only show code, some show code and name
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....
GoldSilver21
8 posts
Posted by GoldSilver21 > 2021-06-25 16:45 | Report Abuse
huiwen88, i checked the last QR, it is 83mil, may i know if u are referring to coming QR? just to clarify