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Overview
Financial Highlight
HeadlinesBusiness 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.
  MingGoon Salutica is poised to make a comeback in FY20. The company’s major client, Customer A, has recently released its third generation of true wireless earbuds with an upgraded Bluetooth chipset developed by Salutica, in collaboration with a Netherlands company. The new Bluetooth chipset promised to rectify the connectivity issue which has plagued the previous 2 models. 27/08/2019 10:35 AM MingGoon Top technology reviewers like TechRadar, WIRED, Android Central and CNET have also acknowledged the improvements in the new earbuds, giving it a reputable rating of 4 to 4.5 stars. Feedback indicated that the new earbuds surpassed market-leading brands from the US and Denmark in its size (compact), battery life (longer) and audio quality (better). 27/08/2019 10:35 AM MingGoon We foresee Customer A making up lost ground with the new earbuds that allow L/R simultaneous connection to the audio source for a more stable connection. Meanwhile, the US and Denmark rivals are still using conventional master/slave connection that relies on cross-head Bluetooth transmission, which is prone to connection drops. Moreover, Customer A’s earbuds run on Bluetooth 5.0, while its rivals are still on Bluetooth 4.0. 27/08/2019 10:36 AM MingGoon In addition, the company has secured a job to produce 4 models of computer mouse for Customer A. This job is passed on to Salutica from Suzhou, China in order to avoid US tariffs. The first model has commenced production in July 2019 while the remaining 3 are slated to begin production in 2QFY20. The volume for mouse production is 7x larger than that for headset. 27/08/2019 10:36 AM MingGoon We envisage the non-seasonality of everyday mouse to cushion the off-season dips of headset production, particularly in 3Q and 4Q. This will help to the company avoid negative surprises. We forecast sales from mouse production to contribute 46% of the group’s revenue in FY20F while headset contributes 48%. 27/08/2019 10:36 AM MingGoon AmInvest Research - 21 Aug 2019 , the above are taken from AmInvest Research 27/08/2019 10:37 AM GooShen The excellent GooShen bought 48c and dumped half of the unit at 63c keeping another half while waiting correction if any. 27/08/2019 12:41 PM GooShen Do you feel shame? I ask ppl buy 48c while you ask ppl chase high at 64c. Don’t make ppl chase high sell low, you dumb crab. 27/08/2019 8:22 PM sooaria GooShen...0.48 ( if can buy, many people also want to buy), price up already where got 0.48 BUT, Salute aiming RM1 .... 0.655 you dont buy, how to get RM1 28/08/2019 9:48 AM steveninvest Malakoff is giving 24.4 sen divident.Can consider to collect this stock to get the divident. 28/08/2019 11:22 AM MingGoon Salutica is poised to make a comeback in FY20. The company’s major client, Customer A, has recently released its third generation of true wireless earbuds with an upgraded Bluetooth chipset developed by Salutica, in collaboration with a Netherlands company. The new Bluetooth chipset promised to rectify the connectivity issue which has plagued the previous 2 models. 28/08/2019 3:37 PM MingGoon Top technology reviewers like TechRadar, WIRED, Android Central and CNET have also acknowledged the improvements in the new earbuds, giving it a reputable rating of 4 to 4.5 stars. Feedback indicated that the new earbuds surpassed market-leading brands from the US and Denmark in its size (compact), battery life (longer) and audio quality (better). 28/08/2019 3:37 PM MingGoon We foresee Customer A making up lost ground with the new earbuds that allow L/R simultaneous connection to the audio source for a more stable connection. Meanwhile, the US and Denmark rivals are still using conventional master/slave connection that relies on cross-head Bluetooth transmission, which is prone to connection drops. Moreover, Customer A’s earbuds run on Bluetooth 5.0, while its rivals are still on Bluetooth 4.0. 28/08/2019 3:38 PM MingGoon In addition, the company has secured a job to produce 4 models of computer mouse for Customer A. This job is passed on to Salutica from Suzhou, China in order to avoid US tariffs. The first model has commenced production in July 2019 while the remaining 3 are slated to begin production in 2QFY20. The volume for mouse production is 7x larger than that for headset. 28/08/2019 3:38 PM Trouble Huat i already sell when someone ask to buy and target price RM1. thanks for u all support. bye. :) 29/08/2019 9:04 PM Ali Uraidhi HubMethod If salute want to drop more, it should already drop coz it already reached biggest resistance at 0.64. So as what i can see here salute want to go up again. Shark money still inside. They still hold the stock. 30/08/2019 2:59 PM GooShen Only dumb crab chase high sell low. Don’t listen to fake seafood, follow me the excellent GooShen you will earn big. 03/09/2019 6:13 PM  Armada An Quantum Leap Stock In 2019/2020 If its next 2 qtr The new models start contribute Then it is very good Seemingly, insider stop chase high ...while waiting everything to be materialised as per their expectation. A pulling back maybe can consider to accumulate again 11/09/2019 11:25 AM Armada An Quantum Leap Stock In 2019/2020 Accumulation range to be from 0.450-0.550 11/09/2019 11:29 AM Investeye Here is some of the infor from my buddies during my visit to them last week. -The 3rd gen.of true wireless earbuds was most likely from Jaybird Vista (Logitech). Here is some good overalll review i got from them. https://www.rtings.com/headphones/reviews/jaybird/vista-truly-wireless -AmInvest reported the sales/revenue plagued was due to bluetooth connectivity issue. It is high risk if the sales was only depending on 1 or 2 models. -They believed the TP posted by Mercury was more realistic than AmInvest. The so called mouse(new product) production is expected 7x larger but they ignored the fact that the manufacturing cost per headset may 10x higher (Just compare selling price for headset vs mouse). Anyway, my buddies did gain quite a lot from this counter last month. 11/09/2019 2:14 PM Armada An Quantum Leap Stock In 2019/2020 Why no softening? I die die wait for below 0.560 11/09/2019 4:47 PM MingGoon Excellent GooShen. Salute 0.68 Hope you win something Congrats for those who follow me... Salute to you. TP RM1 very soon Salute 12/09/2019 3:04 PM chyeoh1972 Afternoon most of the counter rebound ..this counter red...next tuesday t3 will drop bck to 0.60 level....tunggu 0.60 only beli balik... 13/09/2019 4:55 PM Armada An Quantum Leap Stock In 2019/2020 Dam ! I missed this wireless headphone Ems Salute since 0.520 My fault, too focus in other counters. Its share price want to shoot to 0.820 before the qtr result ahh ? 17/09/2019 10:13 AM  |
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