For a healthy discussion, please go google some old news and read Salutica annual report and latest quarterly reports to understand the company.

Which are all published public information for those that willing to read.

I do not recommend any buy or sell on any counter.

Dont fingers point and dont personnel attack.
This is forum to discuss topics not a forum to attack anyone.

Salutica odm business is reported in annual report and Sony is a known client of Salutica.
What product and what portion of Sony ODM to Salutica is only known to Sony and Salutica personnel working on what specific product.

When a major client launch new product that may or may not cause some attention to Salutica.
That is one of the possible cause of recent attention on this counter.
This is a topic discuss here.

I dont know exact what is the current active contract between any client with Salutica since there are no public information on this.
There are no intention to mislead anyone.

Perhaps you should do the same by not fingers pointing and mislead anyone here.
Anyone can say I know someone that know someone that know about something, that is speculation.

Salutica is sony ODM. Sony use ODM to design,development and manufacture either entire product or most of the component of a product.
Most of the world manufacturing supply chain operate with such model, seldom a product is manufacture entirely by the brand owner.
Such ODM earning depend on end client product launch.

Sony launch new product debut mid August 2019 https://www.google.com/amp/s/www.whathifi.com/amp/news/sony-launches-wf-1000xm3-true-wireless-earbuds-with-active-noise-cancelling.

During AGM, bod keep on mentioning the PPA is a 650 000 hrs purchase either actual electric production is equal to this or lower the capacity purchase is firm.

2018 annual report show that Fong SiLing is major shareholder.

usd to myr has been strengthening from march 2018 3.86 to Sept 2018 of 4.15. With Fomc plan to further raise rate, USD will be strengthening further. If Salutica do not make major mistake, high possibility the next 2 quarters earning will substantially improve due to higher forex gain.

curious why the owner keep on selling substantially since listing.
After the price drop so much, the owner still keep on selling.
Dont understand why they plan for a share buyback when that excess fund can be use to issue extra dividend which is better solution to immediate reward the shareholders.

Company owner continue selling substantially. The owner has no confident in their own company?

Company owner continue selling substantially . Anyone has news relate to this?

Company owner sold some shares , let monitor the owner direction.

http://awc.irplc.com/medianews.htm?filepath=awc/AWC-FocusMalaysia-06012018.pdf. The CEO mentions the company is pursuing 500millions in contract.

Seem like EPF is confident to buy at current price by increasing their stake.

Year 2017 ; 2016 ; 2015 ; 2014 ; 2013
Revenue 296,139 ; 249,339 ; 127,643 ; 119,570 ; 144,901
PBT 36,753 ; 30,354 ; 12,647 ; 13,909 ; 9,651
Net Profit 21,589 ; 17,244 ; 7,777 ; 7,175 ; 4,372
P.Margin 12.41% ; 12.17% ; 9.91% ; 11.63% ; 6.66%
NP.Margin 7.29% ; 6.92% ; 6.09% ; 6.00% ; 3.02%
EPS 8.14 ; 6.50 ; 2.93 ; 2.71 ; 1.65

Past 5 FY revenue, profit margin, EPS shown that this is typical low profile growing company.
The recent institutional purchase reflect the recognition of the company growth potential.

5 projects are awarded within this few months further proof the company ability to consistently secure new project.

Thus far most projects are from facilities department, hopefully other department can secure more new project to further boost the company earning potential.

Hopefully there are more institutional purchase.

That make sense why so many buy at low price recently.

there are too much small speculator hit this counter for small gain.

How to expect the price to go up in near term? Each time a small buy quantity build up is follow by counter of high selling pressure. There are many who say hold for long term, but there are too many looking for small pocket gain.

to get 1 sen eps that mean profit has to be more than 3 millions which is 50% jump from last quarter, that is tough for solution engineering.