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Re: Salutica

PostPosted: Sat Aug 20, 2016 7:50 am
by winston
12 March 2015

not vested

CEO diversifies company’s business from OEM to ODM and finally takes over ownership


Source: The Star ... akes-over/

Re: Salutica

PostPosted: Sat Aug 20, 2016 7:52 am
by winston
3 November 2014

not vested

Under pressure: Fobo monitors your tyres wirelessly


A new Bluetooth gadget attaches to car tyre valves and sends a warning to the smartphone when they are running low on air.

Homegrown company Salutica Allied Solutions Sdn Bhd has launched the Fobo Tire, a wireless tyre pressure monitoring system (TPMS).

Source: The Star ... irelessly/

Re: Salutica

PostPosted: Thu Apr 23, 2020 8:51 am
by winston
not vested

Trading Buy: SALUTE – 0183
Weathering through the rocky season with its net cash
(Last price: RM0.56, Potential upside +39.3%)

Company Profile

Salutica manufactures electronic products, specialises in consumer and business electronic product development such as Bluetooth stereo headsets, smart watches and precision light guides for optical touch screen systems.

Trading Catalyst

SALUTE has recovered >100% following the plunge of 74% after the Covid-19 outbreak.

We believe the steady recovery will continue, supported by
(i) healthy cash pile of RM65.0m (c.30% of market cap) in its balance sheet,
(ii) steady dividend paymaster since listing,
(iii) 50% workers allowed to work during MCO period and
(iv) SALUTE will continue to co-develop hearable devices with its European design partner and expect 2 of its current product development project to achieve its mass production timeline by 4QFY20.

Technical View
Resistance: RM0.625 / RM0.705 / RM0.78
Support: RM0.52 / RM0.49
Cut loss: RM0.475

Key Financial Stats
DY: 4.3%

Source: HLIB