Highlights
KLSE: ATAIMS (8176)       ATA IMS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.35   0.00 (0.00%)  0.00 - 0.00  0
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Technical Indicators

Date: Sep 20, 2019 Price: 1.35

Simple Moving Average
10 20 30 40 50 60 90 120 200 250
SMA 1.363 1.372 1.385 1.408 1.444 1.471 1.533 1.588 1.646 1.647
Variance -0.013 -0.022 -0.035 -0.058 -0.094 -0.121 -0.183 -0.238 -0.296 -0.297
Variance(%) 1% 2% 3% 4% 7% 8% 12% 15% 18% 18%
**Variance - Comparison between stock price and moving average.
Exponential Moving Average
10 20 30 40 50 60 90 120 200 250
EMA 1.361 1.377 1.397 1.416 1.439 1.457 1.505 1.533 1.579 1.589
Variance -0.011 -0.027 -0.047 -0.066 -0.089 -0.107 -0.155 -0.183 -0.229 -0.239
Variance(%) 1% 2% 3% 5% 6% 7% 10% 12% 14% 15%
**Variance - Comparison between stock price and moving average.
Relative Strength Index
9 14 25
RSI 50.00 47.368 44.186
**>70 is overbought while <30 is oversold.
William %R
9 14 25
%R -90.00% -6.25% -12.904%
**>-20 is overbought while <-80 is oversold.
Money Flow Index
9 14 25
MFI 32.31 11.60 19.878
**>80 is overbought while <20 is oversold.
Rate of Change
21 63 125 250
ROC -2.174% -14.013% -22.857% -15.094%
**>8% is overbought while <-8% is oversold.
Percentage Price Oscillator
5,35,5 12,26,9
PPO -3.627 -1.729
Signal -3.624 -1.909
Variance -0.003 0.18
Variance(%) 0% 9%
**Variance - Comparison between PPO and signal line.
Moving Average Convergence-Divergence
5,35,5 12,26,9
MACD -0.051 -0.024
Signal -0.051 -0.026
Variance 0.00 0.002
Variance(%) 0% 8%
**Variance - Comparison between MACD and signal line.
Stochastic Oscillator (Fast)
14,3 18,9
%K 93.75 87.097
%D 89.10 88.029
**%D >80 is overbought while %D <20 is oversold.
Stochastic Oscillator (Slow)
14,3 18,9
%K 89.10 88.029
%D 87.98 79.127
**%D >80 is overbought while %D <20 is oversold.
Analyze this stock with MQ Trader system

  2 people like this.
 
Vulture123 Margin reducing despite higher revenue. Ample cash & still need to raise funds via Private Placement plus no dividend ?
26/02/2019 1:48 PM
Shinnzaii hoseh...=)
26/02/2019 2:13 PM
miker Untung manyak pun tarak guna...no dividen....never....makan sama2 sendiri saje....
03/03/2019 10:06 AM
Jaden Good or no good I sold d , .. and money put fd
08/03/2019 3:00 PM
Jaden You wait till 2020 also like dis la.. 1.50 to 1.80.. hehe
20/03/2019 8:18 AM
Shinnzaii More than 65% shares owned by company directors...no dividend no bonus issue based on past record...Minority shareholders no power...Management sometimes have to take care of minority interest also...hehe
22/03/2019 11:19 AM
Chua Joe Beng I see! Directors r selfish! Didn't they mentioned 35% of their profits to b declared for dividend coming quarter? Its that d reason ATAIMS not much transaction?
22/03/2019 11:48 AM
Shinnzaii >Chua Joe Beng I see! Directors r selfish! Didn't they mentioned 35% of their profits to b declared for dividend coming quarter? Its that d reason ATAIMS not much transaction?

Is just management physiology thinking is at different level...got good and bad...they feel reward shareholder through increase of share price is good...if minority shareholders feel this way of reward not match their expected return you can just sell it and switch to other counter...since director hold so much of shares >65%,better go for privatization...
22/03/2019 12:04 PM
Patrick13 In the latest QR Note 23, it stated that "The Board will announce their recommendation on the dividend at a later date."
05/06/2019 9:58 PM
Patrick13 So funny they announce the dividend of 3.29 sen per share. Why dont make it at 3.3 sen? Any difference?
07/07/2019 11:37 AM
Jaden 3.29 no worth la.. share price so high Rm1.60
15/07/2019 12:13 PM
Wellwisher1010 I'm very sure the directors will put in more effort to push up the stock price !!
24/07/2019 10:33 AM
Jaden Below 1.40 worth buy..
24/07/2019 3:28 PM
Wellwisher1010 Got to know from a reliable source that ATAIMS have secured new projects. Share price expected to rise up in matter of time. Good time to buy !!!
25/07/2019 12:12 PM
Jaden Will buy 3 lots.. thanks Wellwisher1010
26/07/2019 4:17 PM
Jaden Wah.. now cheap
05/08/2019 12:20 PM
Patrick13 Bought at 1.40.
16/08/2019 11:36 AM
tualp After announcement of result, price will drop to RM1.20. Why pay more at RM1.40?Just wait for next week. You buy @ RM1.20 equivalent to 2.75% dividend yield. So just wait, will drop to RM1.20 very soon.
19/08/2019 8:23 AM
tualp NEGATIVE REMARKS (AMBANK RESEARCH)

Production inefficiencies expected as older products will be slowly phased out while lines producing newer products have not yet reached optimal efficiency: ATA’s key customer’s older floor care products will reach the end of their product life cycles soon. However, the group said that the box-build order volume for newer floor care products remains robust with newer variants likely to be introduced in future. Although the production of the newer floor care products is running smoothly, the assembly lines for their production as well as the two new lines for 2019 — one for a household product in production since March 2019 and another for a personal care product to commence in Oct 2019 — would take time to reach optimal efficiency thus slightly affecting margins.

-Margin is expected to drop, hence; dun put expectation on the margin and PAT for coming quarter.


•Progress of printed circuit board assembly (PCBA) capability: Meanwhile, Microtronics Technology Sdn Bhd, where Datuk Seri Foo Chee Juan is the executive director and major shareholder, currently has 14 surface-mount technology (SMT) lines for its printed circuit board assembly (PCBA) and battery pack assembly, with an additional 4 lines to be added soon. In line with its aim to reduce reliance on external suppliers, the aforementioned SMT lines are currently able to cater for ~60% of ATA’s requirements with the remainder being supplied externally. The full integration of Microtronic’s PCBA capability into ATA is slated for midCY2021.

-Long way to go, too much uncertainty.


•Progress of wire harness and brush bar assembly: There is a delay in wire harness production due to requirement of certain certifications while the group has submitted samples for the brush bar assembly. Both capabilities are expected to contribute meaningfully in CY2020.

- Have to wait for another year (maybe)


•1QFY20 and FY20F outlook: ATA shared that the group’s 1QFY20 results are likely to be impacted by the Hari Raya festive season as well as the group starting production of the key customer’s new household product in March 2019. Due to the introduction of the product, new operators need to be trained in assembling the new product which affected production efficiency.

-Super negative remark ( I think PAT for coming quarter will drop to merely RM20Million )

Based on my forecast:

Q TO Q: RM20Million (drop by 35%)
Y TO Y: Drop also

My target price: RM1.20
19/08/2019 11:16 AM
tualp Director keep accumulating from 1.50 to 1.38, BUT, the share price keep dropping. It tells that even the fund manager also lost confidence in this counter.

Assuming 30% drop against the Private Placement Price of Rm1.69 is close to Rm1.183. Hence.
RM1.20 is achievable.

So let it drop to RM1.20....Hooray.... Next week....
20/08/2019 10:26 AM
tualp Financial for coming QR will be announced on next Tuesday.

If report merely RM20Million, annualized profit would be RM80Million, which is 28% drop against last full financial year of RM112Million. Last year average share price is RM1.65, based on 28% drop in PAT which translate in 28% drop in share price =RM1.188 (RM1.65 x 72%)

My target price of RM1.20 is supported with ground.
20/08/2019 10:55 AM
tualp count down to Tuesday.

RM20MIllion PAT ( which is equivalent to 38% drop q to q)

Expect panic selling on Wednesday morning....all the way down to RM1.20. I am right here waiting RM1.20

Hooray.......Drop drop drop......
23/08/2019 2:18 PM
tualp heavy selling pressure, which is indicating the price gonna drop to RM1.20 next Wednesday.

Fund Manager also tulan and keep disposing the shares.....

Right here waiting at RM1.20
23/08/2019 3:53 PM
Jaden Worth buy..
23/08/2019 4:24 PM
tualp Jaden, worth buy at RM1.20, today will drop to Rm1.30
26/08/2019 8:29 AM
Jaden Now cheap d..
26/08/2019 4:16 PM
tualp everyone fine here? now is 52 week low. Please be reminded, low can be lower.

Expect lower price than RM1.36.

My entry price will be Rm1.20
29/08/2019 8:31 AM
tualp I think today will hit my entry price.
29/08/2019 8:31 AM
tualp very soon, those who bought at RM1.40 and above going to sell their shares at RM1.20 to me.,...hooray...

Right here waiting.
29/08/2019 12:23 PM
Jaden tualp.. sold all 1.70 to 1.75.. am thinking masuk now..
29/08/2019 5:59 PM
tualp Jaden, wait for RM1.20
30/08/2019 4:24 PM
Jaden Okay Tualp.. I wait lower 1.10, otherwise no buy, keep fd better
04/09/2019 11:37 AM
tualp Rm1.20 is my entry price. RM1.10 is my cut loss point.
04/09/2019 12:31 PM
tualp haha....close at RM1.35, next stop RM1.20
04/09/2019 4:56 PM
tualp Good Morning everyone, please help me to press down the price to RM1.20.
My bullet of RM2Million is ready.
Come to me RM1.20.
Those who bought at RM1.35 yesterday will definitely sell at Rm1.20 to me sooner or later.
05/09/2019 8:39 AM
Jaden Wah.. 1.20 , 1.10 possible.. very less buyer
Good morning Tualp..
05/09/2019 8:55 AM
Patrick13 Coming quarters expected to improve for ATA IMS

ATA IMS Bhd
(Sept 5, RM1.35)
Maintain buy with a lower fair value (FV) of RM1.75 (previously RM1.84): We maintain our “buy” recommendation on ATA IMS Bhd with a lower FV of RM1.75 a share (from RM1.84 a share), pegged at a forecast financial year 2021 (FY21F) price-earnings ratio of 14 times after reducing our FY20 to FY22 forecasts by 5% as we adjusted our margin assumptions in line with guidance.

We attended ATA’s first quarter (1Q) of FY20 results briefing and came away with some key highlights.

Its 1QFY20 core profit came in at RM25 million, lower by 20% year-on-year (y-o-y) despite revenue soaring 45%, attributable to lower efficiency and productivity amid the festive season, newer models having higher material contents and higher start-up costs associated with new assembly lines.

The group’s subsequent quarters are expected to improve, with 2QFY20 expected to be stronger than 1QFY20. ATA’s order growth momentum of 15% y-o-y for its key customer is intact, with the addition of one household product which began production in March as well as a personal care product targeted for production from November. Margins for 3QFY20 are anticipated to remain sturdy despite commencing the production of the personal care product due to expectations of strong orders. Having already accounted for the weak 1QFY20 results, the group guided that its full-year profit before tax margin will be above 4.5%.

The group managed to secure an additional contract from the key customer, which is likely to begin production in FY21. The box-build order volume from its existing customer is expected to remain robust as the addition of new products is anticipated to offset a natural slowdown in some of the key customer’s older product orders reaching their end-of-product life cycles.

Through a new strategic partnership with Canada’s Swift Labs, which specialises in wireless and Internet of Things (IoT) product development and testing services, ATA aims to extend its capabilities to include the IoT and collaborate with Swift Labs for original design manufacturing in the future.

There are also new customer diversification opportunities arising from the US-China trade war. The group is in the quoting and feedback stage for some prospective customers, some of which are IoT-related manufacturers. ATA is looking at the IoT customer segment as the products usually consist of a good blend of electronic and mechanical components, fitting well with the group’s vertically integrated capabilities.

As for ATA’s vertical integration efforts, Microtronics Technology Sdn Bhd currently has 14 surface-mount technology lines catering for approximately 60% of ATA’s printed circuit board assembly (PCBA) and battery pack requirements. Four lines are expected to be added by end-calendar year 2019 (CY19). To develop self-sufficiency and reduce purchases from external suppliers, the aforementioned PCBA capability will be injected into ATA by mid-CY21.

Meanwhile, ATA has submitted brush bar samples to undergo reliability tests, while its wire harness capability requires certain certifications, with its site being audited by the key customer. Production of both is expected to begin in CY20.

So far, ATA has utilised approximately 73% (RM40 million) of its FY20 capital expenditure of RM55 million for plastic injection molding machines of different tonnages in its new facility. The group plans to invest continuously in automation to improve its production efficiencies.

We reiterate our “buy” recommendation on ATA due to its positive prospects arising from: i) it being the purest proxy for the key customer’s growth prospects; ii) its move to become a vertically integrated player that would improve margins and put it in a better position to secure orders and/or customers; and iii) its positive growth trajectory with a three-year core profit compound annual growth rate of 17% for FY19F to FY22F, underpinned by its modular expansion strategy. — AmInvestment Bank, Sept 5

https://www.theedgemarkets.com/article/coming-quarters-expected-improve-ata-ims
06/09/2019 11:14 AM
Patrick13 Hold tight tight, and keep accumulate when low price.
Dun sell to those bastard who want to collect at 1.20!
06/09/2019 11:15 AM
tualp Aminvest lowered target price to RM1.75 from RM1.84, still got ppl wanna buy at RM1.35???

This shows AmInvest also lost confidence in this counter......

So my advise is dun buy at RM1.21 and above.

The fair value for this price is only worth RM1.20.

James Foo injected Ata IMS group at Rm1.15 only 2 years ago.

James Foo since then never share buy back. This shows he also think the current price is on the high side.
06/09/2019 1:08 PM
tualp https://www.swiftlabs.com

swiftlabs is doing for Apple.....Oh My God.... I should buy now.....
06/09/2019 3:53 PM
Jaden 1.10 coming soon..
10/09/2019 1:10 PM
tualp RM1.20 la....It wont touch RM1.10. Better queue at Rm1.20, I think will hit by today or this week.
10/09/2019 1:26 PM
Jaden Hard to say.. market very bad
10/09/2019 1:58 PM
Jaden Hello Tualk .. already naik to 1.41
10/09/2019 3:55 PM
tualp only 100 lot to push it to 1.41.

Trust me today or this week sure will drop to 1.20
11/09/2019 10:05 AM
Jaden Will onli wait 1.10.. I sayang my money
12/09/2019 5:27 PM
Jaden I changed my target to 1.25.. otherwise sampai tua also no chance buy,.. hahaha
13/09/2019 10:22 AM
tualp Jaden, why pay more? RM1.20 will come by next week.... I suggest you to buy VS Industry better.
ATAIMS no hope d.
13/09/2019 3:54 PM
LuckyHuatHuat New project.... Soon soon....
18/09/2019 12:28 PM
Jaden Wah Tualp.. cannot go down..
Already 2 months I wait
20/09/2019 12:36 PM


 

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