@goodboy Management didn't indicate pp price at 13.5. They only used it as an example. Read closely.

There's a few pictures taken doing the rounds of raw materials arriving at the AT factory. If you are in the telegram groups you can view.

It's OK. Only the strong believers will continue to hold. The rest can leave the forum. Next year when AT is over 80 or 100 million earnings reported, we can celebrate. I guess not many people remember when Careplus was 20 sen too.

Kyy collecting quietly. Dumb panic sellers.

https://koonyewyin.com/2020/10/20/greatec-do-not-buy-it/
Kyy ask people not to buy Greatec at rm8 on 20 Oct. Yesterday closed at 9.09. Haha.. Kyy has the magic touch.

It's a well known fact that the pp investor will be promised a very handsome return on share price in return for their investment. Operator will ensure that.

https://www.theedgemarkets.com/article/intriguing-jump-private-placements

Check this out. Of all the companies that announced private placements this year in klse, the lowest the share price has jumped from date of the announcement is 100 % while the highest is around 1200 %. Bodes well for AT pp announcement yesterday.

Yes it is. Private placements help fund company new projects. In return, the investor is promised a handsome return on the share price (unwritten of course). Usually they have already identified the willing investor/s although they mention here its yet to be identified.

I think kyy barely made it past T +3. Today had to force sell. Lol. Tomorrow will be green.

Kyy magic prediction.. Supermax rm26. No more than a con artist.

Kyy probably sold this morning at 22.5 or 23 sen. And after he sold, the price went all the way to 25.5 sen.. Haha old man lose again

Kyy asked everyone to buy jaks and dayang last time . And we all know the ending to that story.

Private placements is a good thing generally speaking. Helps to fund the company expansion and usually these high value investors are promised a very nice return for their investment (unwritten of course).

Kyy will come back to AT again when it's 50 sen. Old man can't stay still in any counter for long these days. Going entirely against his stock market rules by hopping here and there. Don't forget the operator is steering the ship not kyy. Kyy is just a small passenger and he is free to jump off the ship anytime he wishes.

@stockiss I just joined the group

Very healthy for it to remain in the 20 something range these past 2 days. Flush out the weak holders before shooting up again.

2.6 billion gloves by next year. 150 million earnings forecast. How to remain at 23 sen la. Buy now.

All in for this one day cheap sale. Won't stay red for long.

Top 4 gloves are on full order books until end 2021. They already stated this quite clearly in their qr. Who do you think is going to fill the shortfall meanwhile for the next 12 months? Think about it la. Global shortfall of 200 billion gloves. AT 's 2.6 billion annual capacity will be gobbled up in seconds.

Even if AT achieves half of the annual earnings of rm150 million it has forecasted, which translates to rm70 million, that's a turnaround from the rm20 million losses its making in 2020. And 2022 earnings will be even more when they are at full capacity of 2.6 billion by mid next year. I don't care whether they are producing gloves, or biscuits or whatever else. This alone will bring AT to another level. Most penny stocks are loss making. AT will rise above them very soon. Why doesn't everyone realise this price is so undervalued now.

I don't think it's going to propose Pearl acquisition. It's just a query from Bursa regarding refund etc from the cancellation of acquisition.

Investors are cashing out of the Top 4 gloves this week to buy AT. No call warrants to press down the share price.

@mach10 ayo that's so old news. Pearl makes industrial gloves so wise decision by AT not to buy. Instead their own factory in Ipoh is scheduled to commence production in a matter of 2 weeks time. Capacity 2.6 billion gloves by June 2021.

@calvintaneng what's your take on AT?

https://klse.i3investor.com/m/blog/triumphinbursa/2020-11-13-story-h1536406309-TOP_VOLUMES_COUNTER_AT_13NOV2020_FACTORY_VISITS_KEYNOTES_by_TriumphInBu.jsp

AT on track to produce 2.6 billion gloves by June 2021. Hlt produces 1 billion gloves. Their forecasted eps will also surpass HLT eps by 3 or 4 times. Based on this, market will price AT above HLT by next year. Expect AT to trade around 1.50 to rm2.50 next year and it will probably stay there unless AT ups their capacity even more beyond that. Not my analysis but something shared to me by my IB friend.

Which other penny stock u can find here in klse that can confidently forecast rm180 million profit for 2021. I'll wait.

It's not selling pressure strong la.. How long u been playing this game.. Since only this year? Operator is capping the price no higher than 25 for today. If shoot too high today then next week will happen again where contra players all run with quick profit. This one will go up few sen a day until one day announce gloves production started then maybe up more than 10 sen

Night shadow it's stock options not esos. Esos u pay for it out of your salary as employee. Options are given to you where you only make on selling the price difference. And there's vesting period for options.. For most companies over 3 years to guarantee your loyalty and to stay in the company long term

John Farmer I hope so too for you and everyone here. All the best. I also know you from AT forum lol

All my hardcore supermax buddies including myself joined the AT party last week all in. Can't take this counter staying sideways for last 3 months. I love supermax but I feel that it's superprofits already close to fully priced in. Cashed out at breakeven after holding for 3 months. Sigh.

*AT Glove Factory Visit 13 Nov 2020*

- 18 Nov The arrival of glove materials
- The raw materials come from Taiwan, so there will be no shortage of raw materials. There will be 3-4 suppliers
- 24 Nov started testing and making gloves
- Started production of gloves in early December
- There will be a total of 13 production lines
- Production of Nitrile glove, and Latex Glove in the future
- Estimated sales price USD 90 per 1000pcs, sport order USD 150+-. The gloves in China sell for about USD 130
- Cost USD 22 per 1000 pcs
- The land next to the factory is belong to Fintech, AT will help to manage on behalf and earn management fees
- LKL is one of AT glove distributor, and other companies will also help AT sell gloves
- The company expects to be profitable RM180mil in 2021
- The production volume will reach 2.6b in April 2021
- The company uses cash to build a glove factory, thus it will be completed soon
- All employees are local, there will be total of 240 employees. After completing all production lines, there will be 1,200 employees
- FDA cert is expected to be Jun Jul 2021
- CE certificate is expected to be obtained this month

This is summary from AT to their high value investors. Hang tight for the ride, folks

Actually a good sign when trolls appear. Just ignore them. Some people can't take it seeing people making 200 - 300 % gains in matter of few days. More trolls means the counter is doing well. Keep barking, dogs!

Photo is real la and just happened this week. Kyy shared with his WhatsApp group

Need perseverance and patience for this counter. There will be ups and some downs too. I went through the same journey with Comfort and Careplus in the early days. Plenty of hair raising moments. The reward will be there eventually. When AT is at full capacity by June next year at 2.6 billion gloves, you won't see this price anymore.

Dogs.. No salary, no share.. Please appear. You make the share price continue going up.

Congrats to the ones who panic sold at 23 sen... Haha. Read beyond the headlines next time ya

So many dogs barking here with no salary and not owning a single share. Just with lots of idle time to waste. Meanwhile the rest of us here are making fortunes by the day. Huat!

@abcb let's not hope for limit up la.. I get scared if whack up too drastically. But once production starts in early December, you will see a significant price shift upwards.

AT themselves forecasted 2.6 billion gloves by next year estimated at 860 million revenue. Going by the profitability of the other glove companies, profit will be around 290 million annually once fully ramped up. That works out at around 8. 9 sen eps. Using a conservative pe of 20, that works out at 1.78 share price. Since this is operator led counter, the price could be even higher. But need to wait until next year for this price I reckon unless operators get ahead of themselves. Huat!

@Trademou Well summed up

https://www.theedgemarkets.com/article/systematization-expects-glovemaking-capacity-reach-26-bil-pieces-year-june-2021

Don't get confused, folks. This ipoh factory in the attached article is going full speed ahead. This is why the share price is going up. Nothing to do with Pearl Glove announcement.

@sweetchocolates where did you hear that? News or rumours?

AT saved 180 million by not buying rubbish industrial glove like Pearl. Good thing they built their own factory in Ipoh which commences production of medical gloves in early December. Forecasted 2.6 billion gloves by next year.

Pearl Glove is involved in industrial gloves and is only a small operation. The medical gloves factory in Ipoh isn't affected. It will start producing in early December. The 2.6 billion gloves production forecasted is from the Ipoh operation.

They don't get the 24 sen to keep as they are only options. Only the difference they make by selling higher.

Directors get stock options priced at 24 sen. They can sell the options in the market when it's vested. The profits they make will be the difference between 24 sen and the price they sell it for.

Yesterday most contra players flushed out and took profit. So the reset button was restarted today. Still can goreng few more days before any retracement. But long term investors will hold until the qr results next year when AT sees full quarter of glove sales. That's when the price will fly to another orbit.

Lots of people making serious money here with AT, myself included. Don't forget to do charity work ya. To get more back.

Read the announcement properly before comment. The private placements is with reference to the earlier announcements regarding the placements in September and October. The private placements are now deemed completed.