Highlights
KLSE: SALUTE (0183)       SALUTICA BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.46   0.00 (0.00%)  0.455 - 0.47  900,100
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Overview

Market Cap: 178 Million
NOSH: 388 Million
Avg Volume (4 weeks):647,835
4 Weeks Range:0.42 - 0.50
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:0.255 - 1.03
52 Weeks Price Volatility (%):
26.45%
Average Price Target: 0.48
Price Target Upside/Downside: +0.02
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#4]  |  24-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  22-Nov-2020
T4Q P/E | EY: -22.14  |  -4.52%
T4Q DY | Payout %: 3.89%  |  - %
T4Q NAPS | P/NAPS: 0.3641  |  1.26
T4Q NP Margin | ROE: -5.01%  |  -5.71%

Headlines

Date Subject
15-Oct-2020 Technical Buy - SALUTE (0183)
29-Jul-2020 Trading Stocks - Salutica
12-Jun-2020 [SALUTICA] One of 冷眼's biggest holding counter - Should you invest or the worst is yet to come? Here's my opinion.
11-Jun-2020 Trading Stocks - Salutica
01-Jun-2020 [转贴]阿笔谈股系列37-浅谈Salutica-Work From Home
20-May-2020 Salutica Berhad - 3Q20 Slip Back to Red While Covid-19 Dampens Outlook, Hold With Lower TP
11-May-2020 Traders Brief - Volatility Ahead as Market Weighs Further MCO Relaxations and Trump’s China Tariff Threat
04-May-2020 Traders Brief - Volatility Ahead as Market Weighs Further MCO Relaxations and Trump’s China Tariff Threat
30-Apr-2020 Traders Brief - Positive Sentiment Amid Oil Price Rebound and Promising Progress in Covid-19 Treatment
24-Apr-2020 Traders Brief - Extended MCO = Extended Consolidation
23-Apr-2020 Daily Technical Highlights – (SALUTE, BINACOM)
23-Apr-2020 Salutica - Weathering Through the Rocky Season With Its Net Cash
19-Apr-2020 [转贴] [Facebook live video:浅谈Salutica bhd (Salute)] - James的股票投资James Share Investing
26-Feb-2020 Salutica Berhad - 2Q20 Disappoint, Forecast Cut, Downgrade to Sell
25-Feb-2020 Salutica - Still Seeing Red in 1HFY20
10-Feb-2020 Trading Stocks - Salutica
08-Feb-2020 [转贴] [Facebook live video:浅谈Salutica bhd (Salute)] - James的股票投资James Share Investing
03-Feb-2020 Trading Stocks - Salutica
23-Jan-2020 Salute - AGM详情
17-Jan-2020 Salutica - Expecting Better Quarters Ahead

Business Background

Salutica Bhd, through its subsidiary designs, develops and manufactures consumer electronic products. It offers products including Bluetooth devices and other precision parts and components for external brands.
Trade this stock for as low as 0.05% brokerage. Find out more.

  4 people like this.
 
cheongys EPS getting lower & lower
20/08/2020 11:34 PM
Nepo Today QR out
21/08/2020 6:12 AM
huiwen88 @Nepo How u know?pls advise,a lesson to learn..thx in advance
21/08/2020 9:33 AM
Nepo Next QR | Est. Ann. Date: 30-Jun-2020 | 20-Aug-20
@88, you can notice it on the top of this page
21/08/2020 9:39 AM
JualanMurah rm1 on monday
21/08/2020 3:00 PM
davidkkw79 Coldeye want to cry until no tears.... https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3080225
24/08/2020 5:25 PM
ubaL taM Waa_SALUTE_sama_luu
24/08/2020 5:54 PM
huiwen88 Any idea revenue increased still making loss?
25/08/2020 12:11 PM
Nepo Revenue increase because computer peripherals demand increase during covid 19, most probably in US market. (produced for Logitech, US)

But the profit margin for computer peripherals is very low although the volume that sold is huge.

The main product(profit margin is relatively high), Bluetooth for tws, demand decrease only account for 58% of the gross sales revenue.

All in all, this QR not surprise, not too bad but definitely not good. Hopefully the demand of Jaybird TWs will pick up
Better still get more buyers for its Bluetooth product.

Probably the worst is over...
25/08/2020 12:43 PM
Nepo Any hopes to this counter?
The success of Salute will depend on the innovation of its Bluetooth technology..
You believe the boss, you buy and hopefully he doesn't bring u to Holland..
25/08/2020 1:05 PM
huiwen88 @Nepo I’m very disappointed their TPMS revenue.if I’m not wrong,they are the only company in Malaysia manufacturing this,I hv no idea why Perdoua or Proton there,they couldn’t get any projects.
25/08/2020 1:23 PM
ohh188 based on the latest QR, the worst appeared over, the Bluetooth technology will grow further together with other application such as hearing aids and health related devices.
03/09/2020 8:15 AM
Nepo Continuous production of corded Bluetooth headset
Launch of FOBO Bike 2, its sensor is 50% smaller than the previous generation
Continue sales of FOBO Tire, FOBO Ultra and FOBO Tag 3
Trends in the Production Wireless Mouse Headset Market
The market for traditional corded Bluetooth headsets is gradually crowding
Bluetooth chipset module in the market lowers barriers to competitors
Traditional production technology limits the size, shape and RF performance of TWS (Truly Wireless System)
Research HEARABLE, focusing on microelectronic encapsulation and miniaturization

If successfully reducing the size of the product, HEARABLE products will have more uses and can be used in more ways

The company continuously improves its capabilities and recruits’ talents so that the next generation of HEARABLE can be industrialized

Since 2016, HEARABLE has exploded in the market, and the market size is expected to reach USD 18bil in 2020

In 2019 alone, 120 million HEARABLEs are expected to be sent worldwide

✅ Advent plan:
Sleep science, sleep sensor
Conversation enhancing HEARABLE
Cognitive assessment HEARABLE
Home automation

✅ Q & A session:

Q: The funds of the expansion just mentioned have been accounted for?

A: Yes.

Q: How does SALUTE and partners distribute profits?

A: This is a sensitive question, and we are not convenient to answer it in too much detail. All we can say is that we have signed some contracts, the products are sold, they earn their part, and we earn our part. However, if we develop a new technology together, Salutica (SALUTE) has the first property right.

Q: How many percent of Q3 and Q4 mouse production accounts for the maximum production capacity?

A: Before this product was just launched, the first batch of goods had to be transported before it could be sold. Due to the problem of transportation time, there was an “empty window period”. The subsequent capacity will be produced at the maximum capacity.

According to the CEO words, SALUTE will still have some fluctuations in the short term (3 to 4 quarters), but in the long run (beginning in 2021) the company will have very good results. And when the management presents the company's direction and goals, it is very confident, and knows exactly what they and the company are doing.
The CEO is even confident that he can take the SALUTICA brand worldwide and occupy a place in the industry, because they have exclusive technology on the chip.


Louis Yap
Facebook:
https://www.facebook.com/louisinvestment/
https://klse.i3investor.com/blogs/LouisYapInvestment/2020-01-29-story-h1482961282-Salute_0183_AGM_2019.jsp
Web Site:
https://www.wealtharchitect2u.com/
03/09/2020 5:50 PM
Nepo Possible sail to Holland
08/09/2020 7:41 PM
LKSGSH Technical chart indication going upwards
26/09/2020 12:27 AM
LKSGSH Slowly cumulative
27/09/2020 11:14 AM
LKSGSH Keep on cumulative
28/09/2020 7:39 PM
LKSGSH No one interest for Salute ady !
Ha ha ha , declare news time ..... all will in
30/09/2020 8:58 PM
LKSGSH No one interesting ..... be regret for it
04/10/2020 10:43 PM
morivae nothing to buff up this counter so no one will come here for now....
06/10/2020 8:48 AM
morivae I also reduced holdings and go for othr tech companies like JHM, Penta and Fronken
06/10/2020 9:06 AM
LKSGSH Just go in ...... buy
06/10/2020 10:22 PM
harry_7 going to shoot soon..
06/10/2020 11:03 PM
LKSGSH Yes
06/10/2020 11:57 PM
LKSGSH Last call for this few trading days
07/10/2020 8:02 PM
LKSGSH Moving up
08/10/2020 5:26 AM
lowbuyhighsell slowly buy at the right price...
08/10/2020 5:54 PM
LKSGSH Clever
08/10/2020 7:00 PM
oxxxyxxx All of u liar. The lowest price can be is only 0.385. That
08/10/2020 7:07 PM
LKSGSH Buy only
09/10/2020 5:33 PM
LKSGSH Next week onward the engine will be starting movement
11/10/2020 12:16 PM
LKSGSH 0.05 sen moving slowly
13/10/2020 8:33 PM
LKSGSH Buy
14/10/2020 12:42 PM
LKSGSH Next few days huge volumes come ..... is too late
14/10/2020 12:43 PM
morivae technical showing buy calls but not supported by volume
14/10/2020 2:47 PM
LKSGSH Buy
14/10/2020 5:29 PM
15/10/2020 4:24 PM
LKSGSH Buy cumulative
15/10/2020 9:52 PM
LKSGSH 1st touch 0.62
15/10/2020 9:53 PM
Superb99 This counter always con people, be careful, open 0.49 now 0.485...always making losses but price is high
16/10/2020 10:30 AM
harry_7 Can go up one, today Friday ma
16/10/2020 9:02 PM
LKSGSH Dun worry , just cumulative buy
16/10/2020 9:15 PM
LKSGSH Next week will be announce good news
17/10/2020 11:59 PM
Nepo Hi LKSGSH, look like you are very familiar with Salute. Do you have inside information to share with us. Frankly speaking the director has cheated us before..I m not quite confident with this co..
18/10/2020 9:11 PM
LKSGSH Time will prove to you
18/10/2020 10:14 PM
Nepo @huiwen88, may I know are u still holding Salute...?
19/10/2020 6:03 AM
huiwen88 @Nepo Yes
19/10/2020 9:36 AM
human Nepo, why u think the director cheated u?
19/10/2020 5:17 PM
Nepo Salutica - Higher order forecasts for key customer
Author: AmInvest Publish date: Fri, 1 Nov 2019, 9:35 AM

Investment Highlights
We maintain our BUY recommendation on Salutica with a higher fair value of RM1.06/share (previously RM0.61/share) pegged to a rolled-forward FY21F PE of 14x. We have increased our FY20F–FY22F earnings forecasts by 20-28% to account for higher order forecasts from Customer A after visiting the group’s Ipoh plant recently.
Key takeaways from the meeting:.

====={{{}}}}====
Based on the above report, just feeling the director is not sincere ( meeting with Aminvest)..
.this report would have induced some people to buy the stock..

... however no wrong or right in stock market..trade at your own risk..I m a poor investor...:( Cry..
19/10/2020 6:25 PM
LKSGSH Top up ...... buy cumulative
19/10/2020 9:43 PM


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