Highlights
KLSE: AMTEK (7051)       AMTEK HOLDINGS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.275   0.00 (0.00%)  0.275 - 0.275  12,300
Trade this stock for as low as 0.05% brokerage. Find out more.

Overview

Market Cap: 14 Million
NOSH: 50 Million
Avg Volume (4 weeks):2,187
4 Weeks Range:0.25 - 0.275
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:0.14 - 0.36
52 Weeks Price Volatility (%):
61.36%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#1]  |  22-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  22-Feb-2019
T4Q P/E | EY: -3.28  |  -30.47%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.18  |  1.53
T4Q NP Margin | ROE: -32.72%  |  -46.55%

Headlines

Date Subject
14-Mar-2018 PublicInvest Research Headlines - 14 Mar 2018

Business Background

Amtek Holdings Bhd is an investment holding company. The company through its subsidiaries is engaged in manufacturing and trading of garments, safety, canvas and casual shoes. It also engaged in property investment activities. Majority of the revenue is derived from the trading of garments in Malaysia.
Analyze this stock with MQ Trader system

  Rusli Widad likes this.
 
Gji Gan Fake break out la, dono siapa beli kat 0.87
26/06/2014 19:51
Kim If tmw play at 75-80 range again and stablize.. something is coming on and sit at da corner and watch. Then buy it. My 2 cts
26/06/2014 21:59
keyin Kim..u have..any tp?
26/06/2014 22:23
omg2014 patient for few months, will like MUH...
22/09/2014 16:23
logitrader http://www.klse.my/financial/quarterResult/YoY/quarter/7051/30-Sep-2014.jsp
26/11/2014 17:54
paperplane wow 87%
24/02/2015 16:21
logitrader http://www.klse.my/financial/quarterResult/YoY/quarter/7051/31-Dec-2014.jsp
27/02/2015 01:26
AMTEK Minorities Come this AGM on the 22nd Nov 2017, Can someone ask the Amtek Management why they never revalue their piece of leasehold industrial land with an area of 28,328 sq mtr with building and office sitting on a piece of golden land in Sek 51, PJ. If I am not mistaken, this piece of land is now worth anywhere around RM3,000 to 5,000-00 per square meter. Amtek Management is still reporting this value at cost since the beginning till now. To me, there is definately a hidden revaluation reserve of at least RM 80 Million if RM3K psm is used. If the Valuers value the land at RM5K psm, the reserve can come up to RM135 Millions.
03/11/2017 17:32
AMTEK Minorities https://www.iproperty.com.my/property/petaling-jaya/section-51-pj-jalan-tandang-petaling-jaya/sale-4649206/ Small piece of Land here in Sect 51 is selling at RM661-00 psf. Imagine Amtek Land is 304,809 sg ft. If multiply by RM600.00 psf equals RM182 Mil.
04/11/2017 14:28
Rusli Widad Apparel International Sdn Bhd, an indirect wholly-owned subsidiary of Amtek Holdings Bhd, has entered into an agreement with Crocodile International Sdn Bhd (CISB) for the disposal of its Crocodile brand inventory, accessories and retail fixed assets for about RM8 million.

The deal also involves the termination of the license agreement for distributing and retailing the "Crocodile" brand men's apparel and small leather goods in Malaysia.

The tentative sale consideration of RM8 million will be fully satisfied by CISB to Apparel International in cash.

The proposed disposal is expected to result in a loss on disposal of about RM2.2 million for Amtek.
12/01/2018 07:53
BlackWhite Hold this counter for seesaw ride
14/01/2018 11:55
AMTEK Minorities With the RM8 Million disposal of its Crocodile brand plus their own cash in hand of another RM7.6 Million, this AMTEK is expected to go private soon. Now declaring PN17 themselves. Shareholders better watch out. Some one is pushing the prices down by selling 100 units and they will buy them back whatever stocks available for sale at cheap cheap prices. This Amtek I know definately worth more than RM2.00 per share if their land comes with a revaluation figure. I strongly request the management to prepare their latest annual account by incorporating the latest valuation reports to by done by a Reliable and Top Well known Valuers to be fair to all Minority Shareholders. "The Minority Shareholders Watch Dog Group", please be alerted.
22/01/2018 17:54
AMTEK Minorities Just see today. There is no seller at 28.5 sen while 26.0 sen was done by the suspected "management" to press down the price foe easy privatisation. People make money so easy.
Hoo hoo hoooooo..
23/01/2018 17:25
AMTEK Minorities Today price done 31 sen for 19500 shares...good.
24/01/2018 19:19
AMTEK Minorities This Amtek keeps delaying Voluntary Liquidation Exercise. Why keep a company every year losing money. Only Directors make money from switching the assets and properties. Minority Watch Group please be aware. AMTEK Management is not so transaparent. Very very quiet.
09/04/2018 18:24
Jordan Khoo limit up for div?
13/04/2018 16:18
LimKL1 Monitor closely.......
13/04/2018 16:29
AMTEK Minorities March 14, 2018 00:16 am +08



KUALA LUMPUR (March 13): Amtek Holdings Bhd is now disposing of its Crocodile brand inventory, accessories, and assets at a lower price of RM5.6 million, instead of RM8 million as announced in January, following a revision to the sale and purchase agreement (SPA).

The group said this was because as at Jan 31, the group’s cost of inventories stood lower at RM11.5 million, compared with the unaudited amount of RM16.4 million as at Aug 31, 2017.

Taking away estimated compensation staff cost of about RM1.2 million, as well as disposal expenses of about RM500,000, this translates into a gain on disposal of about RM430,000, compared with a loss on disposal of about RM2.2 million initially.

According to the restated SPA, the proposal is conditional upon the fulfilment of conditions within 90 days from today.

Out of the final sale consideration of RM5.6 million, RM2.9 million will be used for settlement of trade creditors, RM2.2 million for repayment of bank borrowings, with the remainder earmarked for estimated disposal expenses.

Upon completion, the disposal is expected to reduce Amtek’s gearing to 0.51 times, from 0.62 times, according to its bourse filing today.

On January 11, the group announced that its indirect wholly-owned unit, Apparel International Sdn Bhd, is disposing of its entire Crocodile brand's inventory, accessories and retail fixed assets located at consignment sales outlet, boutique and warehouse and the termination of both the license agreement for distributing and retailing the Crocodile brand men’s apparel and small leather goods in Malaysia, to Crocodile International Sdn Bhd for about RM8 million.

Amtek lapsed into Practice Note 17 status on Jan 15, after its shareholders' equity on a consolidated basis fell below threshold.

The counter, which was untraded today, last closed at 28.5 sen.
13/04/2018 18:08
AMTEK Minorities Looking at this juncture, Amtek business is now left with only the 7 acres of Land and Buildings in PJ Section 51 worth approx...at least over RM150 Million at current market value. On top of this, Amtek still holding a few million cash in hand. If we dissolve this Amtek and distribute the cash back to the shareholders, the amount should be above RM3-00 per share. So do not be fooled and sell off your shares you are now holding. The liquidation of this group is just a few month away...probably end of 2018.
13/04/2018 18:17
AMTEK Minorities My opinion : If Liguidation exercise is to take place. liquidators and valuers will be expected to call in those investors interested to buy the remaining land and buildings if the management cannot find a buyer themselves. Once the investor is found and confirmed, an announcement will be made to the SC for update and further action. Certainly good news is expected in and around end of 2018, I suppose.
13/04/2018 19:07
AMTEK Minorities EGM for the above disposal of their "Crocodile" business licence and stocks is on this 15th May 2018 at 12pm. Venue : Auditorium Room, Islamic Arts Muzium Malaysia, Jalan Perdana, 50480 Kuala Lumpur.
05/05/2018 17:29
AMTEK Minorities The future of AMTEK will be bright after this regularisation exercise. Maybe AMTEK is planning to go into Property Development to develop its 8 acres land in Section 51, PJ. Yahooooo.......the share price will go up to 10 times from today 05May2018.
05/05/2018 17:44
AMTEK Minorities http://www.theedgemarkets.com/article/western-digital-plans-sell-pj-factory
19/07/2018 18:14
AMTEK Minorities When is Amtek planning to sell their PJ land? End of this year 2018.
19/07/2018 18:15
AMTEK Minorities i AM WAITING FOR GOOD NEWS TO BE ANNOUNCED SOON. WHAT IS IN STORE FOR AMTEK? CHEERS.
27/07/2018 16:56
AMTEK Minorities TODAY AMTEK' S PRICE WENT UP TO 29 SEN. UP UP ON THE WAY.
27/07/2018 16:57
AMTEK Minorities The management is doing it again trying to press down the Share Price by selling / buying at a price lower than market demand...I am suspecting they are going private soon so that they will use the daily average prices to pay shareholders back their money when they buy back.
09/08/2018 17:43
AMTEK Minorities KLSE: AMTEK (7051) AMTEK HOLDINGS BHD MAIN : Consumer
Last Price Today's Change Day's Range Trading Volume
0.26 +0.025 (10.64%) 0.26 - 0.26 60,000

Market Done today 09 Aug 2018 was only 0.26 for 60,000 shares but the Actual Bidding was 0.275 - 100K , 0.270-97K, 0.265-41.5K waiting to buy as at 5pm today. The 0.26 for 60K was transacted early after 9am. today. Why there was no sellers from 0.265 to 0.355?
09/08/2018 18:05
AMTEK Minorities Repeat. Amtek business is now left with only the 7 acres of Land and Commercial Buildings in PJ Section 51 worth approx...at least over RM150 Million at current market value. The value may go up to RM300 Million and more if the buyer has a very good plan for this piece of Prime Land. On top of this, Amtek still holding a few million cash in hand. If we dissolve this Amtek and distribute the cash back to the shareholders, the amount should be above RM3-00 per share. So do not be fooled and sell off your shares you are now holding. The regularisation plan for Amtek is just a few months away...probably end of 2018. I will be accumulating this Amtek for sure. Any prices below 60 sen is sure for grabs. I should remind potential buyers that you are buying at your own risk. As investment is always a risk to take. No risk no gain. Nothing is guaranteed in this world. It is just my own two cents business opinion. Thank you.
18/08/2018 18:03
Jordan Khoo Yahoooo ! Good profit tho, can spend more already kikiki
20/08/2018 11:32
AMTEK Minorities The prospects for the coming year is expected to be challenging and the Group will remain cautious in its spending in
view of the uncertain global and domestic economic situation and would intensify its effort in pursuing and exploring any
value-added corporate proposal to strengthen the financial conditions of the Group and to regularise its financial
condition under PN17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ....Latest Qtrly Result out today 23rd Aug 2018.
23/08/2018 18:49
jackfruit Kampong Boy, this company is already gone with the wind. The director will sapu the last piece land under market value. You get kosong.
23/08/2018 18:55
AMTEK Minorities No directors can simply sell without a Recognised Professional Valuers Report and without an EGM or AGM. Worst come to worst, the Professional Valuers must provide us a Forced Selling Price of the Properties which Bankers normally accept. This Amtek still owing a million or two to the bank. Others are all Cash in Hand and the 2 Properties in their Account.
27/08/2018 15:57
AMTEK Minorities Compulsory regularisation plan to be submitted to the SC by Jan 2019. Meanwhile with more than RM5 Million in their FD and offsetting Amt owing to the bank amounting to RM3 Million, there is still a surplus cash in hand of RM2 Million. No worry as there is no more overhead expenses already after the disposal of the loss making "Crocodile Brand" business and their old stocks. Left only, the rental income from the 6 1/2 storey Commercial Bldg covering over 7 acres of prime PJ land is enough to keep the group well and alive. Because of the regularisatin exercise coming, I am waiting to see the revaluation price for this 7 acres land and building. Any news of new taker or buyer will definately triggers an increase in Amtek share prices from now on. Maybe, a new company wishing to be listed in the KLSE would easily reverse take over the group shares and assets and become a public listed company by the backdoor without the hassle of going through all the procedures of building up a new public listed company which involve huge sum of money and many years of wasted time.
11/09/2018 19:00
Lim Tek Wai Wow! the stock price is rising, profit increasing also kikiki
12/09/2018 11:49
AMTEK Minorities https://www.google.com/maps/place/Wisma+AMTEK/@3.0865941,101.6353517,3a,90y,15.8h,90.11t/data=!3m7!1e1!3m5!1sZKXUjvA-MZ2l83KpvZTEzA!2e0!6s%2F%2Fgeo2.ggpht.com%2Fcbk%3Fpanoid%3DZKXUjvA-MZ2l83KpvZTEzA%26output%3Dthumbnail%26cb_client%3Dsearch.TACTILE.gps%26thumb%3D2%26w%3D86%26h%3D86%26yaw%3D342.03583%26pitch%3D0%26thumbfov%3D100!7i13312!8i6656!4m13!1m7!3m6!1s0x31cc4b946eeae4c1:0x4fee716d4f43599!2sLorong+Tandang+51%2F204b,+Pjs+51,+46050+Petaling+Jaya,+Selangor!3b1!8m2!3d3.0894449!4d101.6338994!3m4!1s0x31cc4b9661a8c0cf:0x84e0c8e6d19322e6!8m2!3d3.0867757!4d101.6352973
19/12/2018 19:58
AMTEK Minorities Amtek Holdings owns a vast piece of prime commercial land 28,328 sq mtr or 304,809 sq ft or 7 acres. Please check the entire piece of land covers almost the whole of Jalan Tandang 204A.
19/12/2018 20:03
AMTEK Minorities WOW....Last minute buying at 25 sen ...tomorrow no more shares to buy liaow....up and up till announcement of regularisation to SC.
20/12/2018 17:18
AMTEK Minorities The Board wishes to inform that the Company has made an application to Bursa Malaysia Securities Berhad seeking approval for extension of time for further six (6) months to submit the Regularisation Plan to regularise the financial condition of the Company.



As at todate, the Company is still formulating the Regularisation Plan and there is no major development todate.



This announcement is dated 20 December 2018.
21/12/2018 17:21
AMTEK Minorities For record purpose, today some one pushed the share price down from 27.5sen to 22sen at closing time before 4.50pm. He sold 2 lots to the waiting bidder at 22 sen.
21/12/2018 17:25
AMTEK Minorities https://klse.i3investor.com/servlets/forum/904951625.jsp
24/12/2018 17:04
AMTEK Minorities I am writing this topic because I am minority shareholder of Amtek. I notice the recent trend that someone purposely threw a few hundred shares just to push the share price down to the minimum. Maybe he has the intention to pay as little as possible to all the Minority Shareholders when he proposes to take the Group private. This individual is trying to save as much money as possible for himself because come privatization day, offer prices are quoted based on Moving Average of the Share Prices over the Last Few Day or Months or so. As such, I would sincerely wish to seek everybody's help here ( Whoever Capable Enough) to help me bring the Amtek Share Price to a Reasonable Price of above RM2-00 to RM3-00 because that is what the group worth at the current moment. I personal, DO NOT like the few Rich people to take advantages of the listing of Public Listed Companies' loopholes to maximize their own personal gains and benefits only for their ownself. Remember, the whole piece of 7 acres land is now fully utilised by the Directors and Major Shareholders and they are paying very minimal rentals back to the Amtek for years already. Look at the Accounting Reports about Rental Income, it is so MINIMAL. I just hope those big investors and gurus like Calvin Tan, Koon Yew Yin, sslee, Tan KW, savemalaysia, Alan Nga, Jordan Khoo, Rosen Steela, qqq3, CP Teh, James Ng, Minority WatchGroup and all interested parties could help. Thank you all in advance. Merry Christmas and a Happy New Year 2019.
24/12/2018 18:41
Choivo Capital That land only got like 50 years or less to go.

I dont think can fetch 150m like you think.
24/12/2018 19:06
AMTEK Minorities https://www.iproperty.com.my/property/petaling-jaya/section-51-pj-jalan-tandang-petaling-jaya/sale-4649206/
Same area same road selling at above price.
26/12/2018 15:54
AMTEK Minorities My Profile icon says. Today 26-Dec-2018. Amtek shares of 14 sen sold in the morning but there are buyers at 22 sen in the afternoon. Nobody sells. Why ???
26/12/2018 18:00
AMTEK Minorities Despite reaching 27.5 sen at 3pm, someone purposely pressed the price down to 23 sen with 2 lots only.
27/12/2018 17:38
AMTEK Minorities Thanks Choivo Capital for observing this counter. Actually that 7 acres land lease expiring year 2068 - which is exactly 50 years from now. 50 years is a very long time. Maybe the market price would not be RM150 Million now which you are right. But I am just looking for around RM50 Million to RM150 Million. Anything priced in between, if we buy now, we will gain. ( If a re-owned property valuers can certify a value for it, the better).

FYI, Leon Fuat too held a piece of Leasehold Land in Chan Sow Lin Jalan Tiga, KL and their lease expires in 2060 which is shorter. Recently, our government took over their 1 acre leasehold land for MRT Line 2 construction and they received RM45 Mil. for just 1 acre leasehold land. It is all reported in their latest Financial Audit Report.

Amtek is holding 7 acres of land and the whole 7 acres are separately used up by Syed Azmin's linked companies. If you do a company search on all the major shareholders and their accounts that are holding this Amtek shares, they own it since 2009 and they never sell any at all. The whole group of companies that owned this Amtek took more than a hundred Millions of Loan from Khazanah and other bankers. Since they still owe someone in their accounts that so much of money ( over a hundred millions), they will not let go Amtek so easily.As such, they want to reserve that piece of 7 acres land only to themselves. I notice they try to control the Amtek price as low as possible so that they do not have to pay much to the minorities upon privatization. Hope you get what I mean.
29/12/2018 19:24
Livermore talk nonsense
29/12/2018 19:25
Livermore dreaming
29/12/2018 19:26
PN17player I wait for this counter to exit PN17 , my neck also dam long oredi . unlike RGT BHD, oredi achieved two q continuous profit, can apply for PN17 exit upon Q result announcement.
11/02/2019 11:04


FEATURED EVENT
 

312  373  527  641 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.3050.00 
 ARMADA 0.235-0.01 
 TATGIAP 0.095-0.005 
 PWORTH 0.045-0.005 
 SEACERA 0.33-0.02 
 HSI-H4Y 0.295+0.055 
 HSI-C3W 0.295-0.01 
 SAPNRG-WA 0.100.00 
 SUMATEC 0.010.00 
 HIBISCS 1.07+0.01 

SPONSORED POSTS

1. Investment Bloggers Day 2019 MQ Trader Announcement!
Partners & Brokers