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36,822 comment(s). Last comment by Teh Diven at Jan 24, 2021 10:37 PM
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Rateofreturn75
176 posts

Posted by Rateofreturn75 > Oct 23, 2020 3:29 PM | Report Abuse

Don't buy if you don't see the company future prospect. And for those who bought it at higher price u may need to wait for now and don't force yourself to sell at lost unless you have to.


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 3:41 PM | Report Abuse

Rateofreturn75, you are a wise man as long as AT didn't abandon the Glove manufacturing business...


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 3:42 PM | Report Abuse

In Covid-19 pandemic, only Glove industries can continue to make profit because humanity life depends on it...


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 3:44 PM | Report Abuse

AT management have make the right decision, hopefully they don't let us down...


Leutan
101 posts

Posted by Leutan > Oct 23, 2020 3:49 PM | Report Abuse

Something is brewing in AT who know on monday can up to 12c. price is cheap now to top up consider AT a glove ventilator ai thermometer and semiconductor hard disk business. This combination will beat care+ cos care+ only sell glove.


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 5:20 PM | Report Abuse

Leutan, AT price up will eventually happen once the last remaining 146 millions private placement shares issued out to private investors..


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 5:22 PM | Report Abuse

With the closing price at RM 0.08, chances is next week might be push down below 0.08 to give good price for the private placement shares...


StockHunters
576 posts

Posted by StockHunters > Oct 23, 2020 5:23 PM | Report Abuse

oskchoon, i somehow feel u are a sohai, really.


StockHunters
576 posts

Posted by StockHunters > Oct 23, 2020 5:23 PM | Report Abuse

AT LU next week :)


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 5:24 PM | Report Abuse

You can buy at cheaper price next week, private investors will not subscribe to the private placement if the price is not cheap and AT needs money for the Glove manufacturing business plan...


ERIC
143 posts

Posted by ERIC > Oct 23, 2020 5:25 PM | Report Abuse

Without further announcement, AT should be no more PP, currently AT with NOSH 295m, having nearly 550m non-converted option/warrants, and around 80m cash. No more PP without new conversion.


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 5:27 PM | Report Abuse

I guess this will be completed within the next two weeks, after the sky will be clear for AT shares to shoot up and everyone is happy...


ERIC
143 posts

Posted by ERIC > Oct 23, 2020 5:29 PM | Report Abuse

386m warrants may not converted in short time.. the only new listing will be SIS that is total 160m


ERIC
143 posts

Posted by ERIC > Oct 23, 2020 5:30 PM | Report Abuse

SHARE CONVERT CHANGE NOSH PP MAX NOSH MAX NON-CONVERT OPTION CASH
20200917 2,266,568,008 795,924,000 2,653,080,000 386,511,992
20200930 200,000,000 200,000,000 2,466,568,008 386,511,992
20201008 200,000,000 200,000,000 2,666,568,008 386,511,992
20201014 30,000,000 30,000,000 2,696,568,008 386,511,992
20201019 30,000 30,000 2,696,598,008 386,481,992
20201019 547,281,992 160,800,000
20201020 249,970,000 249,970,000 2,946,568,008 547,281,992 80,000,000


MasterOfSailang
419 posts

Posted by MasterOfSailang > Oct 23, 2020 5:42 PM | Report Abuse

Lol... Already 3 tranches of PP done already la with total around 680million shares taken up already. Its not necessary need to be exact of 796 million. It already stated there "UP TO 796 million". Not total of 796 million... I don't think there's any more PP will be coming already for now...


ERIC
143 posts

Posted by ERIC > Oct 23, 2020 5:56 PM | Report Abuse

by calculation. no more PP since no new listing after agm, the only listing will be up to 160m SIS option


healme881
34 posts

Posted by healme881 > Oct 23, 2020 6:17 PM | Report Abuse

We refer to the announcements dated 27 August 2020 and 2 September 2020 in relation to the Proposed Acquisition of Property. The Board of Directors of ATS is pleased to announce that the Proposed Acquisition of Property has been completed on 23 October 2020.

Done deal for the factory. At least there is a good progress on this.. More news to come..


inoutking
270 posts

Posted by inoutking > Oct 23, 2020 6:24 PM | Report Abuse

Hahaha


thinkfirst
3090 posts

Posted by thinkfirst > Oct 23, 2020 6:40 PM | Report Abuse

Just beginning


JK22
1230 posts

Posted by JK22 > Oct 23, 2020 6:47 PM | Report Abuse

SIS extended up to 5 years..... Why hurry to buy SIS now.. When price rocket to RM5 in 2025 only buy SIS RM0.09....


losser3313
16 posts

Posted by losser3313 > Oct 23, 2020 6:48 PM | Report Abuse

a bit late


losser3313
16 posts

Posted by losser3313 > Oct 23, 2020 6:48 PM | Report Abuse

but still good news


losser3313
16 posts

Posted by losser3313 > Oct 23, 2020 6:48 PM | Report Abuse

glove don't like vaccine


Zainuddin Hussien
41 posts

Posted by Zainuddin Hussien > Oct 23, 2020 6:51 PM | Report Abuse

sure monday ATS share will gap up..lucky manage to collect some cheap tickets today


omega
449 posts

Posted by omega > Oct 23, 2020 6:59 PM | Report Abuse

Lembaga Getah Malaysia Lesen No A/03/16693 bagi tempoh 18-09-2020 hingga 17-09-2021, AT Glove Engineering Sdn Bhd sudah dapat, kilang sudah siap, pekerja sudah ada, sekarang apa mau lagi... production to commence lorr


healme881
34 posts

Posted by healme881 > Oct 23, 2020 7:03 PM | Report Abuse

AT Systematization Berhad (“ATS” or the “Company”) is pleased to announce that its wholly owned subsidiary, AT Glove Engineering Sdn. Bhd. (“AGESB” or the “Purchaser”) has on 27 August 2020 entered into a Sale and Purchase Agreement (“Agreement”) with Ripcol Industries Sdn. Bhd. [Registration No. 200201019333 (586996-K)] (“RISB” or the “Vendor”) for purchase of two (2) adjoining parcels of leasehold industrial lands, together with industrial premises as further defined in Section 4 of this announcement (“Property”), for a total purchase consideration of Ringgit Malaysia Ten Million and Three Hundred Thousand (RM10,300,000.00) only (the “Purchase Price”), upon the terms and conditions as stipulated in the Agreement (“Proposed Acquisition of Property”).

This is the property that have bought.. it answered the question from someone why it shows Ripcol industries when google for AT Glove.. :)


Stockiss
626 posts

Posted by Stockiss > Oct 23, 2020 7:27 PM | Report Abuse

oskchoon > Oct 23, 2020 5:24 PM :

You can buy at cheaper price next week, private investors will not subscribe to the private placement if the price is not cheap and AT needs money for the Glove manufacturing business plan...

=====================

PP already completed last with the last round, 795mil is the max scenario but the 30% max is 679mil. So, no need to keep repeating like a broken record spreading fear.


Stockiss
626 posts

Posted by Stockiss > Oct 23, 2020 7:30 PM | Report Abuse

MasterOfSailang > Oct 23, 2020 5:42 PM :

Lol... Already 3 tranches of PP done already la with total around 680million shares taken up already. Its not necessary need to be exact of 796 million. It already stated there "UP TO 796 million". Not total of 796 million... I don't think there's any more PP will be coming already for now...

====================

795mil is max scenario assuming all esos and warrants where all exercise and convert but this is not the actual scenario. Max 30% s 679mil.


Mia Jalipah
117 posts

Posted by Mia Jalipah > Oct 23, 2020 7:36 PM | Report Abuse

TP RM2.00


Stockiss
626 posts

Posted by Stockiss > Oct 23, 2020 7:38 PM | Report Abuse

healme881 > Oct 23, 2020 7:03 PM :

This is the property that have bought.. it answered the question from someone why it shows Ripcol industries when google for AT Glove.. :)

==============

Try search again to see what's on Google Map & Waze.


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 7:39 PM | Report Abuse

Stockiss, hope you guys are right about PP already completed, I am just being cautious as today it reaches RM 0.09, then suddenly tailspin down to RM 0.075 and closed at RM 0
0.08 with heavy volume, many people loosing money today...


inoutking
270 posts

Posted by inoutking > Oct 23, 2020 8:03 PM | Report Abuse

if you dont sell there is no losing.


Stockiss
626 posts

Posted by Stockiss > Oct 23, 2020 8:44 PM | Report Abuse

oskchoon > Oct 23, 2020 7:39 PM :

Stockiss, hope you guys are right about PP already completed, I am just being cautious as today it reaches RM 0.09, then suddenly tailspin down to RM 0.075 and closed at RM 0
0.08 with heavy volume, many people loosing money today...

==================

How are all the big gloves doing today? Or matter of fact, most of the Bursa are in red. Thanks to political uncertainty that now lead to emergency uncertainty.


Aman17
11 posts

Posted by Aman17 > Oct 23, 2020 9:06 PM | Report Abuse

https://www.theedgemarkets.com/article/vsolar-develop-rooftop-solar-power-system-sytematizations-glove-plant


zoro_roronoa
130 posts

Posted by zoro_roronoa > Oct 23, 2020 9:36 PM | Report Abuse

Solar powered Glove.


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 11:10 PM | Report Abuse

Vsolar confirmed 1MW solar power system at AT systems glove plant...


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 11:14 PM | Report Abuse

MOU have been signed by both Vsolar and ATS for at least 15 years lease tenure at AT Glove manufacturing plant in Perak...


oskchoon
1812 posts

Posted by oskchoon > Oct 23, 2020 11:25 PM | Report Abuse

Monday will be a good morning day for all the shareholders of AT....


Ridzuan Othman
84 posts

Posted by Ridzuan Othman > Oct 24, 2020 8:08 AM | Report Abuse

Brape modal pasang rooftop solar...
. Jimat ker?


Stockiss
626 posts

Posted by Stockiss > Oct 24, 2020 8:29 AM | Report Abuse

Ridzuan Othman > Oct 24, 2020 8:08 AM :

Brape modal pasang rooftop solar...
. Jimat ker?
==============

It is on 15 years lease tenure, kira rental la.

One of the top expense for Glove Maker is power utilities. ATG could save millions by using Solar + Gas. This will boast it's profit ratio substantially.


Stockiss
626 posts

Posted by Stockiss > Oct 24, 2020 8:31 AM | Report Abuse

oskchoon > Oct 23, 2020 11:25 PM | Report Abuse

Monday will be a good morning day for all the shareholders of AT....

=================

With Friday announcement of Ripcol plant acquisition completion, it is a good news that would boast its price on Monday but unfortunately political uncertainty still uncertain yet. Thus, don't be too optimistic yet. Good time for entry or collection while waiting.


fluffyclouds
97 posts

Posted by fluffyclouds > Oct 24, 2020 10:02 AM | Report Abuse

A long wait... but now no uncertainty AT really is a glove manufacture. Have a good weekend guys. This really is great new !!


Rateofreturn75
176 posts

Posted by Rateofreturn75 > Oct 24, 2020 10:18 AM | Report Abuse

The TP of 0.3 will be a reality as soon as political situation is settled down. Venturing to glove industry is a right direction for AT to turn the company around and hope it will turn black soon. Cheers!


nklye
797 posts

Posted by nklye > Oct 24, 2020 1:49 PM | Report Abuse

Then where's Donald Trumpets?


TigerWoods
638 posts

Posted by TigerWoods > Oct 24, 2020 4:04 PM | Report Abuse

Wow! AT Glove Engineering S/B. So its true after all! Have patience and shall rocket soon


Sailangking
713 posts

Posted by Sailangking > Oct 24, 2020 4:09 PM | Report Abuse

how soon......... still waiting


BILLC
880 posts

Posted by BILLC > Oct 24, 2020 4:15 PM | Report Abuse

If AT is so good,,,,,you think directors want to sell PP shares at kacang putih price kah??


TigerWoods
638 posts

Posted by TigerWoods > Oct 24, 2020 4:23 PM | Report Abuse

Sometimes... as directors when desperate for cash they have to do it especially at times like this.


Directperson
159 posts

Posted by Directperson > Oct 24, 2020 4:45 PM | Report Abuse

BILLC- another sohai dont follow and simply talk , don’t come and do emo talking show some substance .


kachan
291 posts

Posted by kachan > Oct 24, 2020 5:01 PM | Report Abuse

How much money AT need to spend on Vsolar mou. Free or need to pay money to Vsolar ? Can the mou be cancel.

Btw how much money AT have right now with PP money?

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