The main difference between this company versus all the other new companies which shouted gloves and targetting and intending to go into gloves and healthcare, such as DGSB (I wrote about them 2 weeks ago), Salcon, Mah Sing, Vizione, GPA, Titijaya, Jerasia and so on and so forth... is that AT has a ready factory facility ready to produce gloves.
Today, the closing price for the counter is RM 0.255... giving it a market capitalization of RM 830 mil.
According to KYY - when AT's annual production reaches 2.6 bil annually, its projected PAT will be RM150 mil. WIth total issued shares of 3.25 bil, the earnings per share is 4.6 sen. With a PE of 15, its share price will be at 70 cent, giving it a market capitalization of RM 2.2-2.4bil.
70 CENT??? I am not as optimistic. I am thinking perhaps 50 cent. But lets see if it breaks 30 cent next week or not.
Chart | Stock Name | Last | Change | Volume |
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Created by Callmejholow | Jul 22, 2024
construction, INTA, CRESBLD, GAMUDA, IJM, KERJAYA, SUNCON
Created by Callmejholow | Dec 09, 2019
Created by Callmejholow | Oct 15, 2019
Watch above video do you think it is so easy to make glove?
Especially from zero?
How long it take to install boiler, waste water treatment, gas fire dryer, lab, QC and etc?
2020-11-13 22:53
By the time the setup is ready, demand will deplete when pandemic is gone. Factory will be museum.
2020-11-13 22:56
To be honest i dont care AT factory legit or not im not here to be long term investor for the company hehe.
I just want to ride the wave earn some money, this is my 4th round buy on red day then sell on green day in AT, total pofit more than 50% already more than TG or any other big 4 glove company cn give me this month huhu so i’ll continue with the same plan same capital until no more green day haha.
2020-11-14 04:08
Dear all,
For your information.
https://klse.i3investor.com/blogs/Sslee_blog/2020-11-14-story-h1536408103-Glove_making_DGSB_INSAS_and_Tan_Sri_Halim_Saad.jsp
2020-11-14 10:14
consistency is the key issue for every producer
somemore they have to deal with social compliance. This will eat up their cost.
AT dont have strong investor or financial backup with have problem
Mah Sing is different stories. They have a lot of cash and able to support the set-up
2020-11-14 10:22
Current situation, only gloves business can made good money, it will be good at least for next 4 quarters
2020-11-14 12:05
So many new glove new entrants to choose from, as well as existing players. Holding any of these, kind like a musical chair game. Just wonder who will be caught when the music stop?
2020-11-15 09:19
Very soon the music wil stop probably in one month time as dec31 short seling ban lifted
2020-11-15 09:52
"Posted by gemfinder > Nov 15, 2020 9:52 AM | Report Abuse
Very soon the music wil stop probably in one month time as dec31 short seling ban lifted"
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ANS:
Not sure about that. This fickle minded rear entrant gomen may extend it.
2020-11-15 11:54
Nice start for today, success touch 0.30, this week will easily pass 0.30 and all the way to 0.40 0.50, good luck guys, happy earning :)
2020-11-16 17:53
DickyMe
Gloves mania will end like TULIP in a couple of months.
2020-11-13 22:23