SALUTICA BERHAD

KLSE (MYR): SALUTE (0183)

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Last Price

0.43

Today's Change

-0.035 (7.53%)

Day's Change

0.425 - 0.485

Trading Volume

1,383,800


7 people like this.

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

jimmygor

55 posts

Posted by jimmygor > 2021-07-27 10:51 | Report Abuse

80% allowed to work, getting pikas vaccines

Felixck

374 posts

Posted by Felixck > 2021-07-27 12:02 | Report Abuse

恭喜哪天在0.5以下买到的股东。
59 SEN以下是很难得MR MARKET 给予的机会。

Cheer

Felixck

374 posts

Posted by Felixck > 2021-07-27 12:07 | Report Abuse

我现在都比较活跃在KLSE 哪里分享我得到的资讯。昨天也有分享一些。
这里很少活跃了,除了有些人私下PM我聊聊。

Cheer

Posted by mercurymercury > 2021-07-27 14:47 | Report Abuse

volume healthy, first clear who stuck around 0.55, then next will need to clear 0.6.. slowly and steady

Blackhole

22 posts

Posted by Blackhole > 2021-07-28 21:02 | Report Abuse

What you guys think now? Is the trend still good?

kentrade888

1,572 posts

Posted by kentrade888 > 2021-08-02 09:35 | Report Abuse

As the Company is listed in the Bursa Malaysia Securities Berhad, we do not provide profit
forecasts.
The impact of the COVID-19 pandemic would persist into next year and inspite the uncertainties
in the global environment, the Group’s R&D team would continue to focus on the timely realisation
of several planned new products. However, the Group performance would depend on consumers’
responses.
Question 2:
Why has the employee cost increased so much from RM25.957 million to RM30.628 million?
Please also explain on the increased of receivables and stock from RM8.782 million to RM24.880
million and RM34.301 million to RM57.888 million respectively for the financial year ended 30 June
2020 as compared to the previous financial year? How is the progress of FOBO business? Is the
Company having any plan to do Bonus Issue?
The Company’s response:
Due to the increase in minimum wages to RM1,200.00 per month since February this year, it has
impact of direct cost increased by approximately RM0.3 million per month of the Group. Moreover,
the Group had halted its production during the Movement Control Order (“MCO) in March 2020
and resume 50% production in April 2020 which resulted in idle production costs of RM3.2 million.
The Group resumed full operation from 29 April 2020 onwards.
The increased in receivables was due to the higher sales recorded in the last 3 months before the
closing in June 2020. In tandem with the increased in orders, inventories have also increased in
preparation for the order fulfilment.
FOBO business has increased in the past 2 to 3 months. There were also new distributors for
FOBO brand in the United States and Japan which helps to promote growth for FOBO sales.
The Company would consider to undertake the Bonus Issue to reward the shareholders when the
time is right.

yiqqre

906 posts

Posted by yiqqre > 2021-08-02 09:56 | Report Abuse

Bonus Issue is coming.

wkkht

957 posts

Posted by wkkht > 2021-08-02 11:26 | Report Abuse

show time in the afternoon.

bulldog

12,157 posts

Posted by bulldog > 2021-08-02 11:37 | Report Abuse

Accumulation in progress

Huat chaiii

VenFx

14,784 posts

Posted by VenFx > 2021-08-02 11:45 | Report Abuse

Every time ATE goreng
EMS goreng

Salute follow wind

VenFx

14,784 posts

Posted by VenFx > 2021-08-02 11:53 | Report Abuse

However , the trend will be able to sustain only if proven with turning around qtr result.

wkkht

957 posts

Posted by wkkht > 2021-08-02 15:00 | Report Abuse

It's time to perform.

Posted by mercurymercury > 2021-08-03 08:39 | Report Abuse

the above statement is the last year AGM lo... I dont think it will bonus issue if price still below RM1. Anyway, company proposed private placement yesterday, strategy partner continue accumulate.

Posted by GoldSilver21 > 2021-08-03 09:31 | Report Abuse

yeah, i am guessing the strategy partner is accumulating the share. But i am curious why management want to do PP before announcing the coming QR result.

Posted by mercurymercury > 2021-08-03 10:11 | Report Abuse

even private placement also take time.. i'm not sure will done before or after QR. most likely after because need time to get approval and fix the price. nowaday private placement give some support or potential to the share price ( not those lousy penny stock)

Posted by HaroldHuong > 2021-08-03 11:47 | Report Abuse

Bonus tiada, Private Placement ada confirm dah

abang_misai

2,576 posts

Posted by abang_misai > 2021-08-03 20:27 | Report Abuse

Haha

Felixck

374 posts

Posted by Felixck > 2021-08-05 15:35 | Report Abuse

不久后,就会开始有投行出来写分析报告和给出目标价了。。。

Cheer

Felixck

374 posts

Posted by Felixck > 2021-08-05 16:34 | Report Abuse

Got chance, 50% Logitech product manufacturing in China. Since trade war, they got move out some product for Asia ODM manufacturers…
China got the good technology, quantity supply of labour, logistics and so on…

For TWS, due to it is small component, Salutica also got chance.


Look look Logitech AR:

Our principal manufacturing operations and third-party contract manufacturers are located in China and Southeast Asia, which exposes us to risks associated with doing business in that geographic area as well as potential tariffs, adverse tax consequences and pressure to move or diversify our manufacturing locations.
We produce approximately half of our products at the facilities we own in China. The majority of our other production is performed by third-party contract manufacturers, including original design manufacturers, in China, Taiwan, Hong Kong, Malaysia, Vietnam, and Thailand.
Our manufacturing operations in China could be adversely affected by changes in the interpretation and enforcement of legal standards, strains on China’s available labor pool, changes in labor costs and other employment dynamics, high turnover among Chinese employees, infrastructure issues, import-export issues, cross-border intellectual property and technology restrictions, currency transfer restrictions, natural disasters, regional or global pandemics, conflicts or disagreements between China and Taiwan or China and the United States, labor unrest, and other trade customs and practices that are dissimilar to those in the United States and Europe. Interpretation and enforcement of China’s laws and regulations continue to evolve, and we expect differences in interpretation and enforcement to continue in the foreseeable future.
Our manufacturing operations at third-party contractors could be adversely affected by contractual disagreements, by labor unrest, by natural disasters, by regional or global pandemics, by strains on local communications, trade, and other infrastructures, by competition for the available labor pool or manufacturing capacity, by increasing labor and other costs, and by other trade customs and practices that are dissimilar to those in the United States and Europe.
Further, we may be exposed to fluctuations in the value of the local currency in the countries in which manufacturing occurs. Future appreciation of these local currencies could increase our component and other raw material costs. In addition, our labor costs could continue to rise as wage rates increase and the available labor pool declines. These conditions could adversely affect our financial results.

Felixck

374 posts

Posted by Felixck > 2021-08-05 20:35 | Report Abuse

不知道你们有看到Logitech TWS的盒子,和VISTA 2 盒子简直99% 一样。(刚刚有位股友也发现然后PM我)
加上JAYBIRD VIS TA是SALUTE独家设计和生产。

看上去SALUTICA有很高机会是Logitech新TWS的ODM。

我猜罢了
Cheer

cooker

27 posts

Posted by cooker > 2021-08-05 21:42 | Report Abuse

Will collect more if below 0.6, cheers

Philan008

255 posts

Posted by Philan008 > 2021-08-06 16:17 | Report Abuse

Haha Felixck 不用猜

Felixck

374 posts

Posted by Felixck > 2021-08-06 17:53 | Report Abuse

哈哈哈。所有分析都有可能出错。
放“猜” 保留自己犯错空间。

这一两星期股价起了约50%。
恭喜哪些低价(50 SEN以下) 大量累积的股东们。

SALUTE经历技术转变,业绩下跌,COVID,技术突破和获得几位新TWS客户的生意,这次股价会比之前更稳了。


Cheer

Philan008

255 posts

Posted by Philan008 > 2021-08-06 21:39 | Report Abuse

Yup, 今天 PP 价格 Set 料, 56c.... =D 感觉 不会 有 60c 以下的了

Philan008

255 posts

Posted by Philan008 > 2021-08-07 13:26 | Report Abuse

haha Felixck, 我是要说,不用猜,你答对了 =)

Felixck

374 posts

Posted by Felixck > 2021-08-07 18:39 | Report Abuse

Philan,公司还没公布。我不想给人误解以为我有内幕消息。加上我真的只是猜,所以保留猜错空间。

确实现在很多东西开始清晰了。要60 sen以下的票很难了。这几个月要跌出50 SEN都需要疫情和政治带动下才难得跌穿,而且也很短暂罢了。

好了,要是真的有跌出60/50 SEN的票,哈哈哈!对我来说又是好消息。
不过现在我比较期待看今年的年报和出席AGM, 听听公司最新进展。

再次恭喜赚钱的股东们

Cheer

bojed

5,064 posts

Posted by bojed > 2021-08-08 19:52 | Report Abuse

The EMAs are not ideal, ema200 are above both ema20 and ema50. However, ema20 has just crossed over ema50 last Friday, which means a short term uptrend has just begun.

surviver

159 posts

Posted by surviver > 2021-08-09 09:00 | Report Abuse

good morning, any good prospect on this counter?

Posted by Broke College Student > 2021-08-09 11:25 | Report Abuse

heard they are one of the OEM suppliers for Apple's Earpod

Posted by mercurymercury > 2021-08-11 10:07 | Report Abuse

Haha, when price up, apple airpod also spread. as a shareholder, we hope so but not at this moment.

Felixck

374 posts

Posted by Felixck > 2021-08-11 12:40 | Report Abuse

首先恭喜所有赚钱的股东们。
我认识有一些朋友已经在0.60-0.65 套利了。
也有一些在之前已经cut lost走了。


我自己的接下来的看法和做法:

1)0.8 sen保守可以去到。这个价格只是第一层期待价。我已经加入业绩转亏为盈的估值。如果没加入转亏为盈,其实0.7已经是第一层期待价了。


2)我会在账面盈利150%开始套利30%。
到时候持股成本差不多在0.16-0.17 sen范围。

3)出席11月AGM,知道客户群是谁还有最新展望,然后各大投行给出分析,股价才可以站到更稳。(一块以上)这时候市场会给出更高估值,因为成长的因素。

4)公司刚刚打造成功技术和接到几位新客户,通常合约是3年。所以相信做好今年的客户,会陆续发展更多新产品和新客户吧,也会淘汰一些旧的吧!

到时候300-500%,加上如果再派股息,成本价会继续跌,在考虑套套利管理。

这一切是接下来计划,会继续跟踪公司。

祝福大家
Cheer

surviver

159 posts

Posted by surviver > 2021-08-11 22:59 | Report Abuse

谢谢你felixck 我会继续跟踪你

Felixck

374 posts

Posted by Felixck > 2021-08-13 00:17 | Report Abuse

By Logitech:

AUDIO & WEARABLES
Our Audio & Wearables sales increased 57% in Q1, with robust double-digit growth in all categories. Blue Microphones and Retail Headset sales growth remained strong while Jaybird delivered double-digit growth due to the introduction of Jaybird’s latest true wireless earbud, Vista 2, in the quarter.

Philan008

255 posts

Posted by Philan008 > 2021-08-13 11:17 | Report Abuse

Nice

Nepo

3,428 posts

Posted by Nepo > 2021-08-13 13:57 | Report Abuse

Great Jaybird sales improved. It is time to accumulate
Will top up some

Posted by Broke College Student > 2021-08-15 17:57 | Report Abuse

Passed by their factory in Ipoh this morning and saw production workers (pretty sure they were not admins) walking in. Saw bus kilang too. Glad to see them running even during weekends. Indeed a good news to the shareholders.


1) no factory lockdown (no Covid outbreak, management has done a good job)
2) production running during weekends (huge order book)


All the best Saluticans! Road to RM5

abang_misai

2,576 posts

Posted by abang_misai > 2021-08-15 18:22 | Report Abuse

You are wrong! They have to incur more cost to deliver the low-margin products they were supposed to deliver months ago. Over time cost will incur means production cost to shoot up.

Their high margin products are planned to produce in November 2021

abang_misai

2,576 posts

Posted by abang_misai > 2021-08-15 18:23 | Report Abuse

Q2 & Q3 no eye see.

Felixck

374 posts

Posted by Felixck > 2021-08-16 08:47 | Report Abuse

【冷眼独家专访】马股“疫”蹶不“政” 乱市稳中求胜

基本面大师冷眼说,在乱市中不乏机会,只要投资者心态正确稳扎稳打,在股市赚钱亦非如此艰难。

https://www.enanyang.my/node/423647

Felixck

374 posts

Posted by Felixck > 2021-08-16 08:50 | Report Abuse

Broke, thanks for your info sharing

Posted by mercurymercury > 2021-08-16 11:44 | Report Abuse

Salute all worker get PIKAS vaccinae. So, no need to worry the factory lockdown... perhaps, they can run full force in future if goverment allow.

coolpe19

10 posts

Posted by coolpe19 > 2021-08-17 09:39 | Report Abuse

Today Salute worker 2nd dose(PIKAS), so from Sept will run full force?

abang_misai

2,576 posts

Posted by abang_misai > 2021-08-18 07:49 | Report Abuse

Habis lah. Today 10% new shares added

mf

29,190 posts

Posted by mf > 2021-08-18 08:54 | Report Abuse

0183 SALUTE, SALUTICA BERHAD - +
Additional Listing Announcement /Subdivision of Shares
17 Aug 2021, 07:00
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Private Placement
Details of corporate proposal : PRIVATE PLACEMENT OF UP TO TEN PER CENTUM (10%)
OF THE TOTAL NUMBER OF ISSUED SHARES OF SALUTICA BERHAD PURSUANT TO SECTIONS 75
AND 76 OF THE COMPANIES ACT 2016 ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal : 38,500,000
Issue price per share ($$) : 0.5600
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 426,500,000
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 113,362,368.000
Listing Date : 18/08/2021
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202108173000030EN

Gooner82

692 posts

Posted by Gooner82 > 2021-08-19 22:21 | Report Abuse

Salute can test 80sen next week?

abang_misai

2,576 posts

Posted by abang_misai > 2021-08-19 23:46 | Report Abuse

i think it may test 55 sen next week

anzhsb

383 posts

Posted by anzhsb > 2021-08-21 22:39 | Report Abuse

I sold my at 67.5 cents ,
now waiting it back below 60 cents

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