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

Posted by PepGuardiola > 2023-04-14 16:07 | Report Abuse

1 time flush. Very fast one

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:07 | Report Abuse

Wait and see … good luck

Posted by PepGuardiola > 2023-04-14 16:07 | Report Abuse

Can, but becareful.

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:08 | Report Abuse

Come and join 3743

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:15 | Report Abuse

Let’s see the show

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:16 | Report Abuse

Be patient

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:17 | Report Abuse

Don’t gan jiong… be patient

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:18 | Report Abuse

You faster buy ya Mr.Pre

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:19 | Report Abuse

4:30 another

axl4roses

41 posts

Posted by axl4roses > 2023-04-14 16:21 | Report Abuse

my second popcorn while wacthing the show. aha

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:23 | Report Abuse

Take profit first Mr Pre

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:24 | Report Abuse

Take my words. Be smart investor. Last chance for u to earn more money

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-04-14 16:25 | Report Abuse

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
12 Apr 2023 Acquired
2,451,000 MR CHEONG SIEW CHYUAN
12 Apr 2023 Acquired
2,600,000 MR CHEONG SIEW CHYUAN
11 Apr 2023 Acquired
606,100 MR CHEONG SIEW CHYUAN

surviver

159 posts

Posted by surviver > 2023-04-14 16:31 | Report Abuse

just buy and waiting for the news come out. i still believe in Salute there must be something going to announce soon and this sure is a big news.

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:32 | Report Abuse

Let’s see lol

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:34 | Report Abuse

The show will start later

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:35 | Report Abuse

3743 good to in

abcb

3,049 posts

Posted by abcb > 2023-04-14 16:35 | Report Abuse

Next week below RM1 for sure

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:36 | Report Abuse

U didn’t see from 1.10 to now 1.05 ?

James_Bond

3,420 posts

Posted by James_Bond > 2023-04-14 16:36 | Report Abuse

Bought at 0.95, let’s ride the rocket to moon! Cheers!

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:39 | Report Abuse

My price 0.356 selling all 1.10 dy… thank you… Mr Pre be careful for price ya. Be smart investor ya.

Stocks888

586 posts

Posted by Stocks888 > 2023-04-14 16:47 | Report Abuse

Good luck to you ! Mr Pre

gohkimhock

3,129 posts

Posted by gohkimhock > 2023-04-14 16:49 | Report Abuse

unlike MYEG, this one will be a sad ending..

fruitcake

862 posts

Posted by fruitcake > 2023-04-14 16:49 | Report Abuse

when is salute going to collapse

Posted by PepGuardiola > 2023-04-14 16:52 | Report Abuse

This is really crazy counter

Nepo

3,428 posts

Posted by Nepo > 2023-04-14 19:34 | Report Abuse

Look like this mr cheong wants to initiate hostile takeover..what does he know more than normal persons..

zoizai

1,501 posts

Posted by zoizai > 2023-04-14 19:45 | Report Abuse

Congrats to all salute supporters. Time to take profit and buy AIMFLEX. Next salute in making

Lappier811

183 posts

Posted by Lappier811 > 2023-04-14 19:56 | Report Abuse

aimflex long way to go lar.... salute stoll have room to move...

ltt5828

2 posts

Posted by ltt5828 > 2023-04-14 20:05 | Report Abuse

not bad..more room to go

ltt5828

2 posts

Posted by ltt5828 > 2023-04-14 20:07 | Report Abuse

Now many crazy counter like salute Syscorp revenue myeg smrt yong tai. Higher and higher

Trader1188

251 posts

Posted by Trader1188 > 2023-04-14 20:21 | Report Abuse

Is either u follow d ride or abandon it now. No need to be naysayers. Investors here are greedy enough to know what to expect

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-04-14 21:16 |

Post removed.Why?

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-04-14 21:17 | Report Abuse

don insult" investor" u small potato

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-04-15 07:49 | Report Abuse


CIRCUMSTANCES LEADING TO THE SUIT
SAS is the owner of the Malaysian Patent No. MY-172803-A (hereinafter the “MY’803
Patent”).
The FOBO Tag and FOBO Tire which are SAS’s own products, incorporates a number of
Bluetooth technologies invented and/or developed by SAS. One technology which is relevant
to the Suit is the technology whereby the pairing information of the FOBO Tag and FOBO Tire
(being Bluetooth accessories) can be transferred to a new device and/or shared across
multiple smart devices without the need to reinitiate the pairing process (hereinafter referred
to as the “CrossPair Technology”).
This CrossPair Technology is the invention claimed by SAS in the MY’803 Patent. On 12
December 2019, SAS was granted a patent for the CrossPair Technology entitled “A System
and Method for Transmitting, Storing, Receiving and/or Retrieving Identification Information
or Data and/or Pairing Information or Data Between Accessories or Associated Products and
Smart Electronic Devices Into and/or from any Distinct Server or Storage Media” by way of
the MY’803 Patent having the filing date of 28 November 2012.
On or about July 2021, SAS discovered that Apple uses a system and method that incorporate
the features as claimed by the MY’803 Patent, or at the very least, their equivalents with
immaterial differences, without SAS’s authority, permission and/or licence (hereinafter the
“Infringing Technology”).

On 30 August 2021, SAS sent, via its solicitors, a letter to Apple, where SAS, amongst others,
notified Apple of the MY‘803 Patent and SAS believed that Apple uses a technology that
infringes the MY’803 Patent.
On 21 December 2021, Apple responded to SAS’s letter denying that the technology used by
Apple infringes the MY’803 Patent, amongst others. Hence, in order to protect SAS’s
intellectual property rights granted under the Malaysian Patents Act 1983, SAS proceeded to
file this Suit.

An inquiry as to damages or, at the Plaintiff’s option, an account of profits made
by the Defendant, its related companies, subsidiaries and/or affiliates, in respect
of all products using the Infringing Technology (and/or any other technologies
that infringe Malaysian Patent No. MY-172803-A) and/or use of the Infringing
Technology (and/or any other technologies that infringe Malaysian Patent No.
MY-172803-A) either within or outside of Malaysia and an order for payment of
all sums found due upon the making of such inquiry or taking of such account to
the Plaintiff;

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3225404

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-04-15 08:08 | Report Abuse

What type of damages are available for patent infringement?
The two main types of damages awarded in patent infringement actions are reasonable royalties and lost profits. (However, the Patent Act does not limit damages to certain types, and a judge can award other types of damages that may be appropriate under the facts of the case.)

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-04-15 08:11 | Report Abuse

Product diversification remains the Group’s long-term strategy to diversify its revenue base to reduce its dependency on TWS and other lifestyle electronic products which are relatively short in their product lifecycle. With such plan in mind, the Group has been *working toward obtaining IATF 16949 certification which is the global technical specification and quality management standard for the automotive industry*. With this certification, the Group hopes to secure more orders from new customers in making the component parts for the *automotive industry*.

As the Group continues to navigate through macroeconomic headwinds and work to reduce costs across the Group, we have undertaken VSS to optimise our workforce to reduce costs in the long term and also adjustments to remuneration taking into account of the VSS. These changes are designed to impact our executive level more significantly and will help support the investments and overall workforce needed to accelerate our transformation and achieve our long-term strategy.

The Board will continue to exercise caution but expects the overall prospect for the Group remain challenging arising from the global economic uncertainties.

izoklse

5,272 posts

Posted by izoklse > 2023-04-15 21:32 | Report Abuse

I think the reason price go up so much not because of the court case but it is more because of the emergence of new substantial shareholder Cheong Siew Chyuan who also one of the shareholder of Vitrox. Cheong has been increasing his stake in the company until last week. Not sure what cheong move next week.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-04-16 07:31 | Report Abuse

Agree. It is the new business directions that are more relevant.

Lappier811

183 posts

Posted by Lappier811 > 2023-04-16 20:05 | Report Abuse

game orang atas is always weird...Mr cheong is classmate of salute boss.....let see what is next move. congrats to those who still holding.

fruitcake

862 posts

Posted by fruitcake > 2023-04-17 09:11 | Report Abuse

when to sell?

icecool

5,043 posts

Posted by icecool > 2023-04-17 09:11 | Report Abuse

aim for the moon !!!

joyvest

10,533 posts

Posted by joyvest > 2023-04-17 09:15 | Report Abuse

Yer, Cheong will helm the direction of the ship in the troubled water...

Icon 888

2,301 posts

Posted by Icon 888 > 2023-04-17 09:16 | Report Abuse

WOW.. strong operator

dxbman

900 posts

Posted by dxbman > 2023-04-17 09:18 | Report Abuse

Possible LU today but hope not to sustain the uptrend

axl4roses

41 posts

Posted by axl4roses > 2023-04-17 09:21 | Report Abuse

lain maciam felai. cari liquidity leh tu,

Posted by PepGuardiola > 2023-04-17 09:21 | Report Abuse

I bought again 1.08 sold all at 1.27 also felt so good.

Posted by PepGuardiola > 2023-04-17 09:22 | Report Abuse

I don't know this counter really mad.

Posted by PepGuardiola > 2023-04-17 09:22 | Report Abuse

Unexpected. Congrats to the brave

investorbat

1,448 posts

Posted by investorbat > 2023-04-17 09:26 | Report Abuse

lu 1.41

icecool

5,043 posts

Posted by icecool > 2023-04-17 09:29 | Report Abuse

limit up hahaha!!!

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