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

sh0cklife

76 posts

Posted by sh0cklife > 2023-04-19 16:48 | Report Abuse

bye salute, thank you for everything

paktua73

18,341 posts

Posted by paktua73 > 2023-04-19 16:50 |

Post removed.Why?

Posted by StartOfTheBull > 2023-04-19 16:50 | Report Abuse

Last quarter:
Revenue: RM9 million.
Net loss: RM3.5 million

julian1981

900 posts

Posted by julian1981 > 2023-04-19 16:51 | Report Abuse

the company fundamental still intact and well positioned...only the share price keep ppl goreng till LD

Posted by EatCoconutCanWin > 2023-04-19 16:56 | Report Abuse

This is not the first time bursa let's this type of stock goreng up. Is a scam, we should report to SPRM n pdrm as this really scam ppl money

julian1981

900 posts

Posted by julian1981 > 2023-04-19 16:57 | Report Abuse

this goreng up and down should not happen and the share price should reflect the company fundamental..it's a scam exactly.

dompeilee

11,888 posts

Posted by dompeilee > 2023-04-19 16:59 | Report Abuse

Directors themselves also started disposing big lots from 85 - 104c already even lower than my final exit @ 107c & 100-101c back in Jan '20 lol

julian1981

900 posts

Posted by julian1981 > 2023-04-19 17:03 | Report Abuse

I hope more victims can come forward to lodge the report to avoid being scams.

dompeilee

11,888 posts

Posted by dompeilee > 2023-04-19 17:07 | Report Abuse

I knew this was a scam-prone co. from the start...when IPO-ed, the sponsoring broker organized a talk by the CEO just at the tail-end of a rising post-listing trend that peaked around $1.80. I swore never to touch it after I recognised their modus operandi in distributing to naive retailers BUT got tempted when it slid to $1.27 since it paid a surprisingly regular dividend back then. Kept dropping & I averaged down @ 85c & then 55c but it slid all the way to the 30c range even in 2019. Kept collecting the dividend 3 times a year: $180, $180, $180 & then took the chance to exit most of my position@ the natural $1 resistance since my avg cost was 99c or so. The co. soon kept reporting losses & I eyed a re-entry in the 30c range last year BUT chickened out due to the poor results & no dividend. No regrets selling my last 3 lots @ $1.07...even IF it rebounds...

Jokers2020

2,006 posts

Posted by Jokers2020 > 2023-04-19 17:10 | Report Abuse

as the saying dont be greedy..

dompeilee

11,888 posts

Posted by dompeilee > 2023-04-19 17:16 | Report Abuse

Lol....I remember walking out of the talk (I had gone for the free food) when the CEO started his promotion presentation & the dealers asked me to stay to listen & in my heart I thought: "I'm not dumb enough to fall for your stock peddling tactics!" I only came back after they resumed the market outlook portion of the talk...Well, a close call after being stuck with my last 3 lots @ a ridiculously expensive 99c & now I keep my 100% record on this stock :)

julian1981

900 posts

Posted by julian1981 > 2023-04-19 17:19 | Report Abuse

never ever touch any of the scam comp.

$$ BUYSELL $$

1,720 posts

Posted by $$ BUYSELL $$ > 2023-04-19 17:22 | Report Abuse

wet wet pant

Posted by samsungtrader > 2023-04-19 17:47 | Report Abuse

everyone can move to solutn.. as salute is having bad day today.. salute to solutn..

salu

nicholas99

9,901 posts

Posted by nicholas99 > 2023-04-19 17:51 | Report Abuse

sollute no energy la.

dompeilee

11,888 posts

Posted by dompeilee > 2023-04-19 18:03 | Report Abuse

Soon it'll be revealed that the major holders dumped vast quantities of stock lol

Stocks888

586 posts

Posted by Stocks888 > 2023-04-19 18:46 | Report Abuse

Come join me 7188 BTM ! Slow and steady !

anisayob

292 posts

Posted by anisayob > 2023-04-19 19:55 | Report Abuse

Dompeilee nobody gives free food unless ada udang di sebalik batu...
Always got something they want from U... Either money or favours... My point is next time got free food must tell us laaa haiyaaa...

anisayob

292 posts

Posted by anisayob > 2023-04-19 20:08 | Report Abuse

These pump & dump shares like Salute & AAX really shows us the importance of stop lost... Must have it in your trading plan...

OKU_2020

4,865 posts

Posted by OKU_2020 > 2023-04-19 20:29 | Report Abuse

beyond repair

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2023-04-19 20:47 | Report Abuse

anyone still not ran?
i ran two days ago

Zrenxy

612 posts

Posted by Zrenxy > 2023-04-19 21:30 | Report Abuse

Limit doen tomorrow...swim to mahsing , limit up mahsing

joyvest

10,533 posts

Posted by joyvest > 2023-04-19 22:23 | Report Abuse

If you impose stop loss, u will soon realise that your loss is larger than your gain...

On top of that ,you would be labelled as a running chicken head

izoklse

5,272 posts

Posted by izoklse > 2023-04-19 22:40 | Report Abuse

Vitrox shareholder cheong acquired another 2.5 Mil share on 18 April. Crazy this guy.

joyvest

10,533 posts

Posted by joyvest > 2023-04-19 22:45 | Report Abuse

He has a plan with this co.the co is not expected to diarrhea further following LD today

izoklse

5,272 posts

Posted by izoklse > 2023-04-19 22:52 | Report Abuse

If he acquired 2.5 Mil share on 18 April, this mean he acquired share between 1.41 -1.73 and yet his people or syndicate are selling and pushing down the price to LD which almost the entry price on 17 April. Dont know what his plan continue acquiring share at this company.

gohkimhock

3,129 posts

Posted by gohkimhock > 2023-04-19 23:08 | Report Abuse

the limit down day volume is even higher than that of up. Expect another carnage tomorrow..

joyvest

10,533 posts

Posted by joyvest > 2023-04-19 23:15 | Report Abuse

It is believed that his alliance might have pushed down the price for him to acquire further.

Though he might have acquired at a higher price yesterday or so,his acquisition today based on LD would make his total acquisition price to be fair on average.

Stocks888

586 posts

Posted by Stocks888 > 2023-04-19 23:16 | Report Abuse

Switch to BTM !

joyvest

10,533 posts

Posted by joyvest > 2023-04-19 23:19 | Report Abuse

His alliance might queue at 0.81 LD price for him to acquire cheap 2moro. You never know.

Tripaka

2,960 posts

Posted by Tripaka > 2023-04-19 23:31 | Report Abuse

Tomorrow bad day for market.

joyvest

10,533 posts

Posted by joyvest > 2023-04-19 23:32 | Report Abuse

All is needed is just a few sellers to trigger the sale at LD price queued by his alliance with herd sheep effect to push all the way down for him...

Its Scary ,isn't it?

joyvest

10,533 posts

Posted by joyvest > 2023-04-19 23:33 | Report Abuse

Always expect the unexpected

izoklse

5,272 posts

Posted by izoklse > 2023-04-19 23:40 | Report Abuse

Yes. Always expect the unexpected. We all expect it will be LD tomorrow .

TokAbah

1,205 posts

Posted by TokAbah > 2023-04-20 01:53 | Report Abuse

Tommolow another round of LD lorr. Probably minor correction before falling again. Let's switch to SSRIDGE for another fun ride

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-04-20 02:24 | Report Abuse

besok hijau ?

ben0303

215 posts

Posted by ben0303 > 2023-04-20 06:20 | Report Abuse

Besok Bursa No Trading. Cuti pre Hari Raya

henry888

2,247 posts

Posted by henry888 > 2023-04-20 06:58 | Report Abuse

Just a pure goreng, cannot blame also as we are too greedy to earn fast profit. Big gain = Big risks - entered at your own risks - there is nothing Santa Clause in stock.

OKU_2020

4,865 posts

Posted by OKU_2020 > 2023-04-20 07:04 | Report Abuse

friday Raya ? No trading....
further collapsing- MORE BLOOOODY

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-04-20 07:18 | Report Abuse

>>>
Vitrox shareholder cheong acquired another 2.5 Mil share on 18 April. Crazy this guy.

>>>>


If he wishes to own more of this stock, he will be happier buying at lower prices.

dompeilee

11,888 posts

Posted by dompeilee > 2023-04-20 07:21 | Report Abuse

Why would you even risk buying @ LD price??? Fundamentally it's koyak & fair value is no more than 30c! If you purely speculate & LOSE, you only have yourself to blame!

dompeilee

11,888 posts

Posted by dompeilee > 2023-04-20 07:24 | Report Abuse

The sponsoring broker bought up the IPO, organise a talk(mousetrap) by the CEO inflating the co's allure to lure unsuspecting retailers in, then immediately DUMPed to them...that's why the stock peaked right at the time of that talk in Mar 2017....Scam job, just like now!

dompeilee

11,888 posts

Posted by dompeilee > 2023-04-20 07:28 | Report Abuse

The acquisition of 2.5 mil is a smokescreen...the chart looks like Sumatec in 2014 & countless other purely goreng companies that have gone on to lose 85-100% of their value after 'game over'!

Posted by EatCoconutCanWin > 2023-04-20 08:30 | Report Abuse

No new project, each quarters loss money. Goreng up nonsense, totally scam investors. Report to bursa but no action taken, bursa doing what? Puasa no energy?

Abba84

987 posts

Posted by Abba84 > 2023-04-20 08:32 | Report Abuse

Pedalling al these nonsense stocks..y cant bursa security dives in and catch these culprits!
Dont let bursa becomes beds for these culprits...mking money frm.retailers miseries!

icecool

5,043 posts

Posted by icecool > 2023-04-20 08:43 | Report Abuse

open rm 1 so how ? limit down today ?

axl4roses

41 posts

Posted by axl4roses > 2023-04-20 08:47 | Report Abuse

dont greedy la.. tomolo cuti mah, sure today all terjun. relax and come back after raya holiday

paktua73

18,341 posts

Posted by paktua73 > 2023-04-20 08:47 |

Post removed.Why?

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-04-20 08:47 | Report Abuse

Warren Buffett >>
BE GREEEEEEEEDY when others are SHIVERINGGG
$$$$$

icecool

5,043 posts

Posted by icecool > 2023-04-20 08:51 | Report Abuse

paktua is here sure red sea enjoy!

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