[SALUTICA BHD：不断创新FOBO tmps的过程已经见证了FOBO Midget的发布，该产品在市场上被冠以FOBO Bike 2的称号，其更小的传感器比其前任产品更能在蓝牙5.0技术上运行]

在当前第四季，该集团录得收入1,600万令吉，较去年同期的4,210万令吉减少2,610万令吉。这集团公布本季度的税前亏损约为110万令吉，与截至2018年6月30日的相应季度的约130万令吉亏损相比略有改善。意料外的成本的全部影响已部分被抵消，因机器关闭了几个月（产量低和一些合同工人提前终止而在数月内停工也节省了费用）。

与较低的收入配合，本季度的LBT为110万令吉，较上一季度的410万令吉大幅改善。

前景：
与欧洲设计公司的共同开发项目导致无线蓝牙耳机的成功发布。这对集团而言是一个重要的里程碑，因为它通过有效的合作创造了积极的协同效应。双方将继续合作，通过将产品推向市场来提供更多创新和尖端技术。

除蓝牙耳机的核心业务外，集团还开展了新业务，例如睡眠科学（床垫传感器），智能家居（控制器/开关传感器）和下一代耳机。它们已经在智能家居中使用的传感器处于原型设计阶段，在床垫中的传感器处于报价阶段。

尽管受到美中贸易紧张局势的不利影响，这集团仍开始将客户从中国转移过来的产品商业化。他们期望在这一领域看到进一步的增长。自有品牌FOBO轮胎压力监测系统（“ tpms”）的销售额继续增长，尽管对集团总收入的贡献仍然很小。正在努力确保更多的分销商扩大非汽车行业的市场，例如打印机，卡车称重和采矿行业。不断创新FOBO tmps的过程已经见证了FOBO Midget的发布，该产品在市场上被冠以FOBO Bike 2的称号，其更小的传感器比其前任产品更能在蓝牙5.0技术上运行。该产品将在下个季度暂定启动时传播到FOBO Tire Midget。

尽管如此，这集团将继续审慎地支出，并将更多地集中于对人才的投资，流程再造和自动化，以节省成本和提高技术竞争力。基于上述前提，董事会认为这集团的前景良好。
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James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.75 (dividend RM0.025) in 1 year 1 month 19 days, total return is 148.3%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.50 (dividend RM0.04) in 1 year 2 months 30 days, total return is 93.7%

c) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.82 in 1 month 8 days, total return is 80.2%

d) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.25 in 9 months 18 days, total return is 56.3%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.34 (dividend RM0.018) in 9 months 10 days, total return is 40.7%

f) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.10 (dividends RM0.083) in 11 months 24 days, total return is 37.3%

g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.65 (dividend RM0.07) in 10 months 16 days, total return is 35.4%

h) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.22 (dividend RM0.01) in 3 months 29 days, total return is 33.5%

i) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.755 in 8 months 14 days, total return is 31.3%

j) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.27 (dividend RM0.1875) in 11 months 20 days, total return is 30%

k) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.24 in 3 months 29 days, total return is 19.2%

l) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.24 (dividends RM0.111) in 1 Year 2 months 4 days, total return is 9.9%

m) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.905 in 9 months 3 days, total return is 6.5%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

10月19日星期六：Silka Johor Bahru Hotel, Johor Bahru 5份点心

12月22日星期日：AG Hotel Penang, George Town 2份点心

12月29日星期日：Hotel Sri Petaling, KL 3份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

10月20日星期日：Silka Johor Bahru Hotel, Johor Bahru

12月21日星期六：AG Hotel Penang, George Town

12月28日星期六：Hotel Sri Petaling, KL

3) 【公司业绩分享会】:
2p.m. – 7p.m.，免费茶和咖啡

10月18日星期五：Silka Johor Bahru Hotel, Johor Bahru 5份点心

12月20日星期五：AG Hotel Penang, George Town 2份点心

12月27日星期五：Hotel Sri Petaling, KL 3份点心

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
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[SALUTICA BHD: continuous focus to innovate FOBO tpms have seen the launch of FOBO Midget, which is branded as FOBO Bike 2 in the market, with even smaller sensors that its predecessor and running on Bluetooth 5.0 technology]

In the current fourth quarter, the Group recorded revenue of RM16.0 million against RM42.1 million in the preceding year corresponding quarter, a decline of RM26.1 million. The Group posted a current quarter loss before tax of approximately RM1.1 million, a slight improvement compared to approximately RM1.3 million loss in the corresponding quarter ended 30 June 2018. The full impact of the unexpected costs have been partially set-off by savings arising from shut-downs in the months with low production volume and early termination of selected contract workers.

In tandem with the lower revenue, the LBT for the current quarter was RM1.1 million, a significant improvement from the preceding quarter LBT of RM4.1 million.

Prospects:
The co-development project with the European design house had resulted in the successful launch of the cordless Bluetooth headset. This signifies an important milestone for the Group as it creates positive synergistic effect by working effectively together. Both parties will continue to collaborate to offer more innovative and cutting edge technology via the commercialisation of products to the market.

Besides the core business of Bluetooth headsets, the Group have also embark on new businesses such as sleep science (sensors for mattresses), smart homes (sensors for controllers/switches) and next generation headsets. They are already at prototyping stage for the sensors used in smart homes and quotation stage for the sensors in mattresses.

Despite the negative impact from the US China trade tension the Group has started commercializing products relocated from China by customers. They expect to see further growth in this area. Sales for their in-house brand FOBO tire pressure monitoring system (“tpms”) continues to grow although contribution to the total revenue for the Group is still low. Efforts are ongoing to secure more distributors to grow the market for non-automotive industries such as printers, truck weighing and mining industries. The continuous focus to innovate FOBO tpms have seen the launch of FOBO Midget, which is branded as FOBO Bike 2 in the market, with even smaller sensors that its predecessor and running on Bluetooth 5.0 technology. This will propagate into FOBO Tire Midget when it’s launched tentatively in next quarter.

Nonetheless, the Group will continue to be prudent in its spending and to focus more on investment in human talent, process re-engineering and automation in order to improve costs and technology competitiveness. Premised on the above, the Board is of the view that the Group’s prospect is favourable.
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I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng