Highlights
KLSE: AT-WC (0072WC)       AT SYSTEMATIZATION BERHAD ACE : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.16   -0.005 (3.03%)  0.16 - 0.17  11,618,400

Overview

Type:Warrants
Sector:
Listing Date:May 22, 2020
Maturity Date:May 17, 2025
Issue Size:743,382,150
Exercise Price:MYR 0.035
Ratio: 1:1
Underlying Stock:AT
Avg Volume (4 weeks):0
4 Weeks Range:0.155 - 0.22
52 Weeks Range:0.02 - 0.28

Additional Info

Announcement: [May 21, 2020] Profile for Securities of PLC
Issuer:-
Description:FREE DETACHABLE WARRANTS IN AT SYSTEMATIZATION BERHAD ("ATS") ("WARRANTS C") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 997,966,616 NEW ORDINARY SHARES IN ATS (''ATS SHARES'' OR ''SHARES'') (''RIGHTS SHARES'') AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE TOGETHER WITH UP TO 748,474,962 FREE DETACHABLE WARRANTS C ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING ATS SHARES HELD BY THE ENTITLED SHAREHOLDERS OF ATS AT 5.00 P.M. ON 16 MARCH 2020 ("ENTITLED SHAREHOLDERS")
Analyze this stock with MQ Trader system

  Q3Sunzet likes this.
 
tansb2008 Exp..17/05/2025. Walau Eh! Some syndicate wiping up AT-WC at 0.045!!!
25/06/2020 12:42 PM
bee7 Thanks @thousands
25/06/2020 12:46 PM
MengYew it will either a big loss or big gain if follow current trend
25/06/2020 3:59 PM
Jb181602 When the mother walk the son will follow behind or walk beside her. My TP for mother in short term is 0.25-0.30 so u can guess how much AT Wc is worth
27/06/2020 11:38 AM
ojai2009 Nicee...warrant so cheap with good premium..
28/06/2020 6:33 PM
Tripaka Looks like changing hands. Buying selling non stop..
30/06/2020 11:20 AM
Fadzli Alias KLSE look good, today close at 0.6 / 0.65 is enough...
30/06/2020 1:20 PM
Tgyy012527 No power.. haisss
30/06/2020 2:44 PM
SK1200 Manage to get 0.045..hope not down anymore
30/06/2020 4:57 PM
netcrok 0.04 come.... and grab some...
0.035 come... grab more...
0.03 come... run far... far... :-)
01/07/2020 12:32 PM
asd88 Added more @ 4.5c

asd88 bought @ 4.5c
17/06/2020 10:34 AM
03/07/2020 10:09 AM
asd88 Keep adding on wc @ 4.5c
13/07/2020 11:22 AM
asd88 bought again @ 4c, i believe it is going to start moving soon
22/07/2020 5:27 PM
bluered very cheap warrant.
22/07/2020 6:10 PM
asd88 Cheers... More to come :)
28/07/2020 1:26 PM
FortuneCookie 0.03 come... run far... far... :-)
10/08/2020 9:57 AM
FortuneCookie 0.035 come... grab more...
10/08/2020 9:57 AM
FortuneCookie 0.04 come.... and grab some...
10/08/2020 9:57 AM
BobbyAxelrod The cheapest glove stocks with future 928 million pieces of rubber gloves per year production by Nov2020 - Apr2021
11/08/2020 9:41 AM
BobbyAxelrod with 1:1 to mother, this warrant is very attractive. let's accumulate big lots now at 9-10sen.. once more development for this project announced, we'll ride to the institutionals' TP
11/08/2020 10:18 AM
BobbyAxelrod Zoom out a little bit fellow investors, those who bought in June already getting more than 120%; the stocks are in the uptrend and the fundamentals are solid. Gloves will continue to persist as absolute necessities in the new norm even when vaccine is ready.
11/08/2020 10:46 AM
BobbyAxelrod ".. pointed out that existing players would not have embarked on the expansion path if they had not done the necessary calculations to derive what future demand would look like. For the next one to two years, demand will be there owing to new norms surrounding the Covid-19 pandemic. The glove manufacturers would have done their homework to justify the expansions. Furthermore, there is a shift in the demand curve for rubber gloves, projecting the consumption to be higher than before even when the demand normalises."

https://www.theedgemarkets.com/article/expansion-rush-concern-rubber-glove-glut-valid
11/08/2020 10:56 AM
Luckystock Time to accumulate more for future earning. Great potential
06/09/2020 4:01 PM
kc02245 To all shareholders of ATS,

We refer to the Circular which was despatched to the Shareholders on 28 August 2020. We wish to notify the Shareholders of the insertion of the following new section under Section 2.1 of the Circular to include information pertaining to the Acquisition of the Chemor Property (as defined herein), being a material development subsequent to the printing of the Circular, as follows:-

2.1.1 Manufacturing locations for the Gloves Business

The Group’s proposed venture into the Gloves Business entails the acquisition, installation and commission of up to 20 glove-dipping lines in stages over the course of 36 months. As a start, under the Minimum Scenario, the Group intends to commission 1 single former glove-dipping line and 5 double former glove-dipping lines; under the Maximum Scenario, the Group intends to commission 1 single former glove-dipping line and 7 double former glove-dipping lines.

To accommodate the glove-dipping lines, the Group has entered into the following agreements:-

(i) the Company had on 26 June 2020 announced the proposed acquisition by AGESB of the entire equity interest in PGSB from the PGSB Vendors (“Acquisition of PGSB”).

===== SUNGAI PETANI PLANT =====
Subject to completion of the Acquisition of PGSB, the Group intends to install up to 6 glove-dipping lines at PGSB’s existing manufacturing facilities in Sungai Petani, Kedah (“PGSB Facility”), which is capable of housing up to 9 glove-dipping lines. Currently, PGSB’s existing manufacturing facilities houses 3 single former glove-dipping lines which are used for the manufacture of work gloves.
==============================

On 30 July 2020, the Company announced that AGESB and the PGSB Vendors have mutually agreed to extend the period to fulfil the conditions precedent as stated in the share sale agreement for the Acquisition of PGSB for a period of 2 months from 27 July 2020 as the parties have yet to obtain / fulfil the said conditions precedent. As at the date of this Addendum, the Group is in the midst of performing the necessary due diligence exercises on PGSB; and

(ii) the Company had on 27 August 2020 announced that AGESB had entered into a sale and purchase Agreement (“SPA”) with Ripcol Industries Sdn. Bhd. (“RISB” or the “Vendor”) for the purchase of 2 adjoining parcels of leasehold industrial lands, together with industrial premises (“Chemor Property”) (“Acquisition of Chemor Property”), for a total cash consideration of RM10,300,000 (“Purchase Price”), upon the terms and conditions as stipulated in the SPA. The Purchase Consideration was arrived at on a “willing buyer-willing seller” basis after taking into consideration the market value as appraised by Rahim & Co International Sdn. Bhd, being the independent registered valuer appointed by AGESB (“Independent Valuer”).

The Purchase Price is expected to be financed through the following sources of funds:-
Bank borrowings RM 2,060,000
Internally generated funds and/or funds arising from exercise of
Convertible Securities
RM 8,240,000
RM10,300,000

===== CHEMOR PLANT =====
The Group intends to install and commission its glove-dipping lines at the Chemor Property which is able to house up to 12 single former and/or double former glovedipping lines. For information, double former glove-dipping lines are generally taller in height as compared to single former glove-dipping lines but are approximately the same in width and length. As at the date of this Addendum, the Acquisition of Chemor Property is pending completion.
=========================
07/09/2020 9:40 PM
kc02245 ATS Manufacturing locations for the Gloves Business

The Group expects to be able to house a total of 18 new glove-dipping lines at the PGSB Facility and Chemor Property as follows:-

PGSB Facility <===

Existing number of glove-dipping lines: 3
Additional new glove-dipping lines for the proposed Gloves Business: 6
Total glove-dipping lines that the premise is able to accommodate: 9

Chemor Property <===

Existing number of glove-dipping lines: 0
Additional new glove-dipping lines for the proposed Gloves Business: 12
Total glove-dipping lines that the premise is able to accommodate: 12
07/09/2020 9:43 PM
Luckystock Buy buy buy and keep for a while. Surely make money
25/09/2020 9:31 PM
followKing keep for while is 10 years ?
09/10/2020 5:07 PM
azta12 add
20/10/2020 12:00 PM
nklye If you believe it will up this is the cheaper entry and to make more compare to its mother.
Then buy to your maximum allocation... not beyond and don't be greedy that may burn yourself...
28/10/2020 12:54 AM
kyosan buy and hold... must patience
28/10/2020 2:33 PM
Hitman yes
28/10/2020 2:59 PM
face Revenue RM860 mil....dump all the overpriced TG, super...etc and buy AT...huge upside for this AT.
28/10/2020 3:01 PM
Luckystock Wow! Superb
04/11/2020 12:46 PM
maxstore769 finally
05/11/2020 8:32 AM
Hitman to the moon
06/11/2020 9:26 PM
hendricks24 Go go for tomorrow hehe
08/11/2020 11:27 PM
maxstore769 up again to 0.20?
09/11/2020 10:45 AM
Rahmat_Daud086 KYY should buy big in AT. He likes glove stocks that have potential to grow, Some more the factory in Perak near his house.
09/11/2020 10:50 AM
maxstore769 sadly sold this morning at 0.125. tomorrow can buy again?
09/11/2020 10:47 PM
hzfrdaus AT Systematization Bhd, whose shares price surged 42.11% or eight sen to 27 sen today, said its RM22 million planned acquisition of industrial glove maker Pearl Glove Sdh Bhd has fallen through. Following the purchase cancellation, it said will be focusing on building up its own glove production capacity via the establishment of a new plant in Perak.
12/11/2020 12:11 AM
maxstore769 gogogo
12/11/2020 8:26 AM
piew at son gg
17/11/2020 12:31 PM
iamismail Price stabilized already. Now time to.collect and keep
18/11/2020 9:46 AM
18/11/2020 11:21 AM
Rilek28 AT Systematization Bhd, which has been topping the most actively-traded list recently, has proposed another private placement to fund its glove business — this time to raise up to RM99.31 million — right after completing one last week.

The new placement proposal comes after its previous placement was completed on Nov 10, with 679.97 million shares placed out and RM43.27 million raised for its glove venture.

It had initially planned to raise up to RM63.83 million under the previous exercise that was announced in August, by placing out up to 795.92 million shares or 30% of its total share capital.
18/11/2020 1:06 PM
maxstore769 retyrace
18/11/2020 8:42 PM
FaridIsland Hope today my Qbuy match lorr...
23/11/2020 10:08 AM
piew come on la AT son. next month AT production line begins. its good to ep now.
25/11/2020 10:43 AM
ling1224 GOGOGO
27/11/2020 9:12 AM
jonsuk67 Lai la!!! Go up!!!!
24/12/2020 3:02 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

564  409  601  26 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 TRIVE-OR 0.0050.00 
 QES 0.38+0.04 
 KSTAR 0.21-0.045 
 DNEX 0.26+0.005 
 BIOHLDG 0.30+0.04 
 DYNACIA 0.120.00 
 LAMBO 0.030.00 
 MCLEAN 0.325+0.095 
 AT 0.180.00 
 VSOLAR 0.040.00 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS