PP? Need meh?

The value of current assets is slightly drop but the current liability is reduced also. Overall the cash and asset of company looks healthy.

I see no points of selling down MMODE. There are remaining revenue RM28 millions from H2O projects not yet bring in the book of MMODE. The Sabah project which value RM 260millions will only start contribute in Q4 2019. I think Q2 2019 onwards shall be alright for MMODE.

Much to my surprise, the share price seem no more space to go down. Does it mean the worst period had gone? I am doubt on the directors or owner move. Especially on their disposal of shares just one month before announce the worst ever q4 result. Would it be consider insider trading? This is a question, not accuse

The drop of revenue for Q4 is not acceptable. I do remember the Q4 result last year had been discounted 30% due to deferred launching of new model.
4QFY18 revenue was down by 18.6% yoy and 12.4% qoq due to decrease in sales order volume for the Bluetooth headsets as one headset model approaching end of life.
I strongly feel that something go wrong...

I think the share price movement is good. The higher high and higher low chart stil valid. Means the result is within expectation ?

I am waiting to exit please

Back to 0.63 then nice

Very strong ya momentum

Up up up

I am very disappointed with the quarter result. There are no further explaination on the dropping revenue. If compare YtoY, Q4 2017 was bad due to deferred launching of new products by the customer. Q4 2018 had no solid reason but just blame the demand of products is dropping. 2 quarter turn red, how to justify the prospect of 2019? I would say, just wait the Q1 only see worth to invest or not. Many report showed that may Be Q2 2019 can give u good revenue. 6 months to go.....

YES... SOLD
HAHAHHA

oh my god

means they are not going to initiate share buy back and expecting something worst?

hmm... macam somethig wrong

genius thinker is selling means the directors are leaving the shares to the market....

Pp Tak jadi ma...

Buy

I MIGHT BE WRONG BUT THANKS THE MANAGEMENT FOR FAST RESPONSE.

THE DROP OF REVENUE IS DUE TO SEASONAL REASON WHICH I CAN UNDERSTAND JUST DONT KNOW HOW TO JUSTIFY THE Q4 PERFORMANCE AS THE INVENTORY DROPPING SO MUCH. THE MAJOR BUSINESS OF SALUTICA IS ASSEMBLY. IF THEY ARE EXPECTING STRONG Q4, THE INVENTORY SHALL BE PREPARED FOR NEXT Q WHICH IS SUPER BUSY... LOLS

THE AIRBAR PRODUCTION IS CONTINUED BUT CONTRITION IS VERY LITTLE. THE PRODUCTION LINE IS INVESTED FOR FUTURE..... AGAIN IS A FUTURE LIKE R&D, AND I HOPE THE INVESTORS CAN APPRECIATE LA

THE FOBO WITH PERODUA IS JUST A BEGINNING. THEY ARE LOOKING FOR POSITIVE GROWTH OF IT. BUT CAN'T GIVE ESTIMATION AS IT IS CONSIDERED AS INITIAL STAGE BUT A BIT DIFFERENT WITH MY INDUSTRY WITH ONCE I ASSIGN A DISTRIBUTOR, THE COMMITMENT SHALL BE THERE. MAY BE THE MANAGEMENT REFUSED TO DISCLOSE THE DETAIL.

THE R&d EXPENSES RAMAINED THE OFFICIAL STATEMENT AS MENTIONED ABOVE

THE CASH POSITION IS ACTUALLY TRANSFER TO SHORTERM INVESTMENT.

THE MANAGEMENT HAD EXPLAIN THAT THE DROP OF INVENTORY IS DUE TO FULFILLMENT OF Q3.

I THINK I SHALL RESPONSIBLE TO GET THE ANSWER WHICH I RAISED HERE. I HAD EMAILED THE MANAGEMENT REGARDING MY DOUBT AND I APPRECIATED THE FAST REPLY FROM THE CFO DURING SUNDAY. HMM... HOW? SHALL I DISCLOSE HERE? MOST OF THE ANSWERS ARE POSTITVE AS EXPECTED LA..

其实都Cut 了七七八八了

“Production line of airbar to be commenced early of 2018 “, the management no come out to explain this.

当你看看这家公司的股票分量，大股东持在大概70%的股分，其余的都是投资机构都不超过5%。股价不应直线下滑那么利害。我找不到理由只有用坏人的逻辑才能合理化share price movement.

其实我们这小股东只能从财报和大股东的访谈中分析这间潜能。两年前，我的朋友告诉我salutica一间稳定发展和成长的公司。我不是一个人云亦云的投资者。我翻查资料，管理层可是一名企业医生，曾经领军几家公司起死回生。新公司最怕管理层诚信问题，和领导能力。老实说，刚刚上市的公司从创业板转战主板可以说势如破竹。我也发现了管理层一直在脱售股票。在高价脱售一批又一批的股票不禁让人担心。公司一直告诉我们airbar的demand 和潜力让我们都对他不离不弃。直到这个季度，我才发现管理层好像不再专注airbar,所以股价从1.50跌到0.48。我本人对管理层的诚信有所保留。公司不可能到现在才知道airbar 的production 停了。投资一千四百万的生产线也不提。expenses和headcount一直赠加，管理层一直神秘的告诉我们前景一流有新顾客可是已经让我们这支持者十分失望。老实说，管理层好像在误导我们。inventory下了那么多，revenue 又没有上，现金也少了很多，是不是有write off,,我们也不知道。R&D 又来告诉商业机密。哈哈，我们真的是非常失望。账目和公司都不透明如何引入新的投资者？

I will go attend their AGM, try to get to know the boss better.

I did call out Perodua on the FOBO and TPMS. But very disappointed that they don’t know on this accessory. Means Marketing and training not good enough. Or may be lack of sales incentive for the sales person. Haha...

Yes , very disappointed counter. I think this company have drop the neonade airbar business. As the previous few quarter results doesn’t indicate the revenue from it. They did mention ingested RM14million production line for air bar and will be commenced early 2018 but this Quarter result show zero contribution. Means NEONADE BUSINESS CAN BE IGNORED. Now left Bluetooth headset and FOBO. FOBO is now selling at Perodua but not build in in Vehicle. FOBO SALES depend on the PERODUA sales person in almost 1.8k outlets and sales centre. If daily each outlet can sell ONE FOBO pun good enough la as a begging. Just depend on how they market it and remind Malaysian what is important TPMS.

Leave it

No announcement

We are waiting for catalyst. May be after election only look back lo. Bye bye... I stop here ya

Yes, all lost direction and wanna stop lost. That’s why it go lower and lower.

So, no eye see

Supply is more than demand, so share price is dropping

The lack of interested buyer and the potential buyer will choose to wait. The panic sellers are waiting to cut lost.

Price is getting cheaper and cheaper but don’t know where is the bottom. I think today will be another new Low

U might say no volume but the price is unacceptable. Since January RM1.46 drop till RM0.685. I don’t see any statement or action from the BOD to convince the shareholder. The basic director share buy back also not done.

The major problem is we don’t know what’s wrong with this company. The management take no action or announcement

No body can buy lo... only got ppl can sell

I think all the supporters are leaving. Bye bye

What is wrong with u? Mr Salutica.

short it

no yet.... just 3 cents with low volume..

While sales of Airbar — managed by brand owner Neonode — have been limited as Neonode has capped production of its motherboard in Sweden to focus on R&D, Lim said the prevailing technology has garnered interest from the automotive industry.

“How Airbar works is coincidentally what the auto market needs,” said Lim. The technology — patented by Neonode — uses light to detect motion, unlike the current radio frequency technology used in automated doors, which is inferior in terms of accuracy.

“You can see [that] Neonode is basically refocusing on long-term benefits. Because its production line in Sweden is also used for R&D purposes, production of Airbars has been limited by that.”

The automotive companies will need to test the product, which Lim thinks will take one to two years to complete. “We have to be patient. Trust is key. When the talks bear fruits and they need the volume, that is where we, as their manufacturing partner, will come in,” he said.

Back in 2016, Lim told the daily that Neonode was talking to personal computers and laptop manufacturers to build AirBar into their new models. With Neonode’s self-imposed production limit, it will be interesting to see if the automotive venture is worth the wait.

Finally we know who sold it