All these companies are from Ipoh: Unisem (semiconductor) Carseum/MPI (semiconductor) K One (consumer electronics) Salute (consumer electronics) So, Salute vs KOne... KOne with lower P/E
ahahahahahaha retailers never ever learn their mistakes. So many IPOs this year and last year all are having the same trend but never learn. Uptrend for few months all investor throw and earn enough liao then crash larh. hahahah TP RM0.50 then i will buy.
KUALA LUMPUR (Aug 15): Salutica Bhd’s net profit fell 51.74% to RM7.51 million for the fourth quarter ended June 30, 2016 (4QFY16), from RM15.56 million a year ago, on higher income tax due mainly to certain non-deductible expenses.
KUALA LUMPUR (Aug 15): Salutica Bhd’s net profit fell 51.74% to RM7.51 million for the fourth quarter ended June 30, 2016 (4QFY16), from RM15.56 million a year ago, on higher income tax due mainly to certain non-deductible expenses.
Revenue, however, rose 57.6% to RM73.04 million, from RM45.71 million, mainly contributed by Bluetooth headsets.
For the full year ended June 30, 2016 (FY16), Salutica’s net profit fell 11.22% to RM24.33 million from RM27.41 million.
Revenue rose 25.09% to RM241.83 million, from RM192.52 million.
The group did not recommend a final dividend for FY16, but has declared a first interim single tier tax-exempt dividend of 0.6 sen per share, amounting to RM2.328 million for FY17.
Salutica said the prospects for the group’s FY17 financial performance will remain favourable.
Shares of Salutica closed 2 sen or 1.67% lower at RM1.18 today, for a market capitalisation of RM457.84 million
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....
Investeye
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Posted by Investeye > 2016-07-19 17:28 | Report Abuse
All these companies are from Ipoh:
Unisem (semiconductor)
Carseum/MPI (semiconductor)
K One (consumer electronics)
Salute (consumer electronics)
So, Salute vs KOne... KOne with lower P/E