Posted by Notconfused > Jul 18, 2020 2:10 PM : https://prebiu.com/2020/07/14/mlabs-enters-glove-and-healthcare-sector...

This bullshit worse than through the grapevine, this sounds more thru graveyard. It's exactly meant to dig your hole to bury.

Local glove companies are in a race to produce more medical or nitrile gloves to meet global demand and joining the race soon will be Mlabs Systems Bhd (Mlabs).

We just heard from the market that Mlabs is working closely with one company, whom we think might be an existing glove manufacturer to help ramp up glove production in response to the global shortage brought about by the COVID-19.

Posted by masterus > Jul 17, 2020 10:12 AM : Too many people produce gloves. Supply more than demand. Price of the glove will downwarding soon. Profits also will slump soon. Same as the share price of the producers.

Are you serious? Medical Glove orders, especially those certified by FDA is full till next year 3rd quarter, provided the 2nd wave not peaking much higher than expected and new large volume manufacturer.

It is all US political gimmick as their election is round the corner with Trump desperate to restore his popularity rating. All medical & protective wear supplies are critically shortage, especially nitrile glove but yet it's being used as political pawn. If this is not resolved quickly, more serious damage to those US hospital in need than Top Glove coz every other countries are on long queue.

In a public forum tends to have differing opinions, what's more a stock forum. It is good to have views from both perspectives, but let's do it professionally. Let's agree to disagree. If can't, just simply ignore the post and soon it's all forgotten. If not, just simply hit Report Abuse button.

Top Glove news will pull down other glove counters too, on top of the Bursa shutdown unexpectedly at 3.29pm plus FAKE tweet from FAKE US President Donald Trump, really all timed together for a perfect storm.

All the while, naysayer keep stomping ATS to press price down, this is the best ever opportunity to see the force of panic seller vs bargain hunter. It's going to be an exciting hour.

Posted by kc02245 > Jul 16, 2020 1:55 AM | Report Abuse

Hang in there, this is a DONE DEAL.

ATS will receive 10-15 M easily for the conversions.
They will use it to fund partially the MYR 22M acquisition of PGSB.

This is like a reverse take over or back listing for PGSB. I bought ATS because of PGSB. After reading every single word & sentence in the PGSB website, I am so impressed and confident that it is a great company that ATS bought for a song.

Stockiss : Many questioned how could ATS fund the acquisition and why would PGSB sell them for a mere RM22m when Anso paid RM50 mil. You nailed sharp to the bulleye .

It has always been the ultimate dream of any manufacturer to be able to monetarise his years of effort and investment in the factory by going listed. PGSB achieved that with a simple and easy route, get listed thru ATS at the once a century lifetime opportunity.

Posted by kc02245 > Jul 16, 2020 12:06 AM : Very well presented the full picture behind the chart. If AT doesn't have strong buying demand, the price will crash further down due to panic converter. Now that the mother and son has meet and tag along, it will be a smoother sail.

#Investor 9999 > Jul 15, 2020 12:43 PM : Having read thru some of your past comments on this and other counters, I find your posts are very sharp, analytical and resourceful. Perhaps if you could carry such a quality here, I am sure this would be benefiting everyone for even higher appreciation. Don't get me wrong, I am merely addressing the facts not rebuking anyone.

Posted by Investor 9999 > Jul 15, 2020 12:43 PM : "Where are all the pro AT writers writing on behalf of operators."

Stockiss : Each and every counters have their share of punters, naysayers and supporters, so there is no need for any accusation. What if naysayer be accused as paid by shark to depress price down so they can swallow the bilis at dirt price?

"I told you from my earlier posting this is goreng on Glove theme and they do not know the glove business. "

Stockiss : S&P Agreement signed and sealed, announced thru Bursa. Received order from US customers (though no official confirmation yet).

"Buy Pearl Glove is like buying a lorry service centre and want to convert to servicing Mercedes and BMW as the profit is far much better due to shotage of servicing centres Does the PG have the skill set?"

Stockiss : Pearl Glove is currently manufacturing nitrile glove (see https://www.pearlglove.com.my/index.php/products/nitrile-coated-gloves), though for different industry. How does a lorry service center vs Mercs & BMW servicing justify your logic? How different is the skill-set and technology for a manufacturer who producing a glove for machinist, to produce the same material of glove for medical purpose? Does it make any logical sense to claim a Cook is skillful to cook curry chicken but not any other dishes?

"The major shareholders are Asiabio and are linked back to Fintec. The modes operadi is to goreng up the shares Asiabio invested in like Focus Dynamic, Vsolar and other listed Co in so at qtr end Fintec can report the fair value gain from original cost of investment. Retail investors are taken for a ride."

This is a free market for any players, big shark or bilis to have their fair. If you can't take the heat, don't get into the kitchen or get out right away. If you can ride along the wave, then it is good for you. If not, you just got swollen, that's the fact of the game. Buy , Hold or Sell, the choice is always yours.

Posted by Ting Ting > Jul 15, 2020 11:22 AM : Too much of warrant conversion.. U see the volume u know that.. Price dropping..

Good observation, this shows that you are seeing the real picture from the chart, unlike others who jumping on every turn of the chart. If you put its son with mother together, you could appreciate better now that bthe son doesn't has premium privilege anymore but to tag along with the mother.

Why this is beneficial to both investors and the share-holder? Imagine the situation that warrant holder could simply convert and clear whenever the price hike. With this cleared, it's wings are free now.

The sky is all clear now. With Bursa query answered, panic seller left while seeing strong support at 0.16, the sky ahead is all clear.

The most important key factor, none of the substantial holder disposed their shares while strong buying demand at 0.16 only to show the bull run day coming soon.

When times are bad, people always trying their luck to BUY hope. Just like you see the long queue at 4D shop. But they didn't realise that they could lost more than they could afford and make their life more miserable.

Posted by mf > Jul 15, 2020 5:54 AM : Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response
PUBLISHED TUE, JUL 14 20205:00 PM EDTUPDATED 26 MIN AGO

Take note of the keyword "ROBUST", what it actually means? And also don't missed the finer details

Moderna’s potential vaccine to prevent Covid-19 produced neutralizing antibodies in all "45" patients in its early stage human trial, according to newly released data.

The findings provide more promising data that the vaccine "may give some" protection against the coronavirus.

https://www.thestar.com.my/news/nation/2020/07/14/antibody-levels-of-recovered-covid-19-patients-drop-sharply-after-three-months-says-health-dg . I think this care more weight than some weak PR campaign.

Why didn't one think for awhile on IF everything looking perfectly bright and beautiful, why are all the substantial holders disposing huge volume of their share? IF the price still having potential to grow HIGHER, why dispose NOW?

It can't be more obvious , don't paint false hope and pray for miracle to happen. God is too busy saving those in real need.

Posted by i3lurker > Jul 14, 2020 11:27 PM : You are absolutely right, don't just judge base on the crowd, look how full is their trolley. Most are there for window shopping and to enjoy free air-con.

Online major shopping portal like Shopee and Lazada offer convenient direct shipment from China with free shipping or heavily subsidized, cutting thru all the intermediary costs.

All retail business are affected big time, facing the biggest slump in history with no recovery in near term. If it is bad now, it would get worse after Sept when consumer loan like housing, car & personal loan installment resume. Lots of related counter will go down with it.

Posted by angelo > Jul 14, 2020 10:23 PM : I can't believe there are so many naive investors! No wonder ppl still get cheated by Macau scam despite constant warnings n reminders. The main reason is because these ppl don't hv common sense at all.

They probably too blind by greed to see many of their substantial shareholders disposed huge volume and cease of being substantial shareholder. What are these disclosures telling?

With official response to clear the air, it is now open to trader's confidence and panic seller could be calmed. Tomorrow morning will see which side of the force is stronger.

Posted by 654321aaa > Jul 14, 2020 3:37 PM : Lack of Tongkat Ali refused to up...maybe 0.070 later , anyway AT not yet bought into glove business, just show in the news..

With S&P signed & sealed, announced to Bursa, so it's not just a news.

US desperate for critical shortage of medical supplies, especially nitrite medical glove but all major glove makers are full till Aug 2021 & Supermax spot price at USD150/box, imagine how huge the profit margin and market demand for the months to come.

AT acquisition of Pearl Glove is at the perfect time and the best opportunity ever. Stable & steady price rise is far better than sharp rise and drop back in few days.

If it's buying frenzy remained strong When PELABURAN MARA BERHAD sold off its share on 08-Jul , there is no reason to withstand a simple query for sudden rise by Bursa. Some panic seller would probably sell at early hours.

#evilbillgates > Jul 12, 2020 12:34 PM

https://www.youtube.com/watch?v=lJegzdhQjdI doesn't support your claim that US death rate is rigged, it is mainly comparing stats of Sweden, Norway & California to justify the need for lockdown. Perhaps you can point to the specific time of the video that supporting your claim.

It would be easier for 3rd world countries to under-report death rate due to mis-categorising and under-testing, than over-reporting because of there are too many complications and legalities involved.

https://www.worldometers.info/coronavirus/ reported the stats as follows

Death rate / 1 mil population : http://nimb.ws/fUT2S8
Total Infection / 1 mil population : http://nimb.ws/jLArkP

America is at tail end of top 10 on both list. Both stats doesn't need a math genius to validate your claim.

Anyhow, this is a Genting counter thread that is out of topic here. Let's get back on thread.

#Fundamental123 > Jul 12, 2020 3:58 PM : Fair warning, but the listing of market buzz dated 10 July is far more alarming. If this still doesn't hit the alarm, nothing else could do better. You did your part well to forewarn, the rest is upto each individual appetite.

#newkid > Jul 12, 2020 3:01 PM : AT n Anzo using the same tactic by using the gloves theme to goreng but this time failed to attract those above 40 years old bcos they know both counters are goreng by biggest crooks in town.

How is AT & Anzo related? The query by Bursa was issued to PDZ, another different counter. Basically it has always been the nature of penny stock, easily swing by any rumors and that's exactly why traders trading here. The key is the timing and volume.

Posted by evilbillgates > Jul 12, 2020 12:34 PM : @Stockiss, Countless doctors and nurses have voiced their concerns about the U.S. government and hospitals have pressured and incentivized the physicians and doctors to put Covid-19 as the cause of death regardless. Below is the proof. I can dig out dozens of videos like this. https://www.youtube.com/watch?v=lJegzdhQjdI

The video didn't supported your claim that death is rigged, it is mainly addressing that base on stats comparison with Sweden, Norway & California doesn't required a lock down.

https://www.worldometers.info/coronavirus/ reported new infections and death rates, compare each countries test per 1 million population, thus the higher testing will produce higher result. Beside, will need to examine the underlying different condition like lockdown measure, mask wearing, social distancing, population difference, etc..

Posted by evilbillgates > Jul 12, 2020 12:42 PM : @Stockiss, United States only accounts for 5% of world population but accounts for 40% of total world covid-19 deaths. You don't have to be a math genius to see something is wrong with United States death count numbers.

Check out the following stats as reported on https://www.worldometers.info/coronavirus/

Sorted by death / 1 mill population - https://nimb.ws/fUT2S8
Sorted by total infections / 1 mil population - https://nimb.ws/jLArkP

US is by far not even at top 5, but at tail end of top 10 of both stats. Both simple stats clearly showing it doesn't need a math genius to validate your claim.

Many will buy on rumor regardless if it is genuine, more will be buying because of bullish spike. You can either on the side to watch the excitement or ride the wave, timing is always the key.

Posted by greedy44444 > Jul 12, 2020 9:14 AM : Furthermore wearing glove is not compulsory in most countries compare to wearing mask. So in two to three months, same thing will happen to glove prices when market is flush with gloves. So don't risk your hard-earned money by buying glove stocks now. There are many relatively cheaper and good quality stocks in bursa that could give you better returns in percentage term and higher dividend yields.

You got it in reverse, wearing a mask is not compulsory in many countries, some even went on protest to reject wearing one. Wearing a medical glove by medical pros are absolutely compulsory, along with all other protective gear. It doesn't take a genius to see such a simple basic twisted logic. Think smarter Try harder.

greedy44444 : Manufacturing a face mask is entirely different scale, technology and capital compared to medical glove. Doesn't fit into comparison at all.

greedy44444 : Can you share your source of info? Which vaccine is coming out from which manufacturer from which country? If not, stopped spreading fear at every glove counter. Trying to lowball panic seller?

Don't just read the title of a news, especially if it is from an unfamiliar source.

Permaju Industries Bhd and Anzo Holdings Bhd will work together via a joint venture to fabricate and expand the latter’s glove manufacturing plant in Manjung, Perak, so it could generate more than US$400 million in revenue a year.

Alarm #1 - How does a Motor Trader & Timber help to fabricate glove?
https://www.permaju.com.my/ The principal activities of Permaju Industries Berhad are the provision of management services and investment holding. The principal activities of the subsidiaries are trading of motor vehicles and provision of related services, properties development and timber plantation.

Alarm #2 - Does this looks credible to you?
https://whois.domaintools.com/malaysianewstv.com

Alarm #3 - Misleading News
22 June - https://www.nst.com.my/business/2020/06/602556/somethings-brewing-anzo
23 June - https://www.thesundaily.my/business/anzo-not-aware-of-corporate-developments-mentioned-in-media-report-XC2620176

Many keep complaining on its stagnant price but few appreciated that it's price remained stable with strong buy demand despite huge volume of warrant clearing, otherwise the price would be tumbling fast. So before complaining the price not rising, better to appreciate it's strong buy demand.

With it's consistent cycle of fluctuation between 0.09X ~ 0.1X , there is quite a bit to make if your volume is high enough. Daily 10% ROI is better than many counters if your timing is right.

In good time, people gamble to grow richer and bad time, people gamble to bet their luck, this is is recession free business. This is easily validated by long queue when all the bet shop reopened. The crowd are coming back and will continue to grow.

Beside, Genting grow beyond casino but unfortunately it's business in entertainment, leisure & hospitality will continue to be affected in foreseeable future.

evilbillgates : It is highly possible that Covid-19 stats is inaccurate (far under-estimated by 10X as believed by many experts), but it is too far fetch to claim its death toll is rigged. It's too complicated, each of the accountable number has their family and friends, not to mention legality for death reporting. Not as simple as plugging a figure from thin air.

In every crisis comes with opportunities, especially in this once a century pandemic. If you hold the key to the solution, you are sitting on a gold mine regardless what's the conspiracy theories.

It doesn't need much intelligence to view Trump's daily live broadcast from White House during the heated days. Of course, some are saying he is the savior fighting against the Deep State while some claiming hidden force keeping him in seat to bring down America faster, that's depends which side of the coin you betting on.

The crux of the article is reminding in a super bullish market, be prepared for a sudden down fall especially in time of economic uncertainty. This is already happening where you can see most funds are flooding to glove, health, medical & technology counters related to Covid-19, especially 2nd wave already reported in most world top countries, US, Europe, Russia, India & Brazil & several countries like Australia went back to lockdown.

There is no doubt that demand will continue to surge for those industries, but more salient question is where is safer and rewarding for their funds to be.

Posted by ramjamdr > Jul 9, 2020 9:42 PM : AT just going to buy Pearl so how come we can expect price increase so much before they earn any money from it. we all just a investors so wait for return once they made profit.

Because glove counter is hot cake now and there is high demand and shortage of supply, just breaking the news will spike the price because of it's growth potential and market valuation.

Posted by stncws > Jul 9, 2020 5:50 PM :
Posted by David Coperfield > Jul 9, 2020 5:46 PM

Source of news? CONfirm fake?

https://www.malaysiawarrants.com.my/education/faq#:~:text=If%20a%20warrant%20is%20%22in,working%20days%20after%20expiry%20date. this explained Warrant pretty well

With nitrile glove price shooting record high, it is the best time ever for buyer to secure their supply at current price, thus placing an advance order.

The old price before the Covid 19 pandemic was 5.83 pounds for a box of 100 nitrile gloves and the current price is 14.99 pounds for a box of 100 nitrile gloves, an increase of 260%.

https://klse.i3investor.com/blogs/koonyewyinblog/2020-07-08-story-h1509802790-Nitrile_Glove_price_increased_by_260_in_UK_Koon_Yew_Yin.jsp

The sudden price hike of 133% is not sustainable, most will cash out to take profit like what is showing now. Got to wait for next rebound.

AT Systematization Bhd has received orders to supply up to 2 billion pieces of medical gloves or nitrile gloves to the United States, worth about US$200 million.
https://malaysianewstv.com/2020/07/09/at-gets-2-billion-glove-orders-from-america/

US$200 Million Glove Orders for AT Systematization; Stock to Head Upward
https://www.aerill.com/2020/07/us200-million-glove-orders-for-at.html

PDZ just won a RM600 million logistics contract with a top China-based e-commerce operator and it could trade limit-up this week. So, expected to fly high. Almost double today, more to come.

https://prebiu.com/2020/07/07/limit-up-for-pdz-this-week-on-new-contract-win/

Posted by asd88 > Jul 8, 2020 1:05 PM : Another 38mil warrant got converted. Even if the mother price is static, the market cap is actually increasing as well. Just not sure how long they want to play before pushing up the price. Patience is the key here for those who already in.

The past few days seems like accumulating bullets for the war to come.

tansb2008 > Jul 8, 2020 11:58 AM : Will somebody just buy up all the AT shares and close down/liquidate the company! Real hopeless!!!

Would you or anyone keeping buying all shares? Anyone who buying shares knows it's potential value to grow. When there is no strong buying demand yet, price remain stable.

https://my.tradingview.com/chart/AT/IQobMcwR/

What do you say from the chart indicators?

Posted by zhm540 > Jul 7, 2020 5:00 PM : tomorrow they will play up to 14s again...

It's bound for some to sell and some to stay, this happen everywhere, perfectly normal. Even at this state, the buyer demand strongly supporting at 0.10, a very bullish indicator considering less than a month back, it was about half of this price. This shows the market force confident of its value and potential to grow.

Once the warrants clearing done, there will be shortage of sellers and the price is bound to pick high. If Anzo's overpriced purchase of glove factory is fetching 0.25, no reason for AT much undervalue not to catch up same price range soon.

Posted by chongcl8 > Jul 7, 2020 9:15 AM : Anzo buying an abandon company without workers and customers
AT buying an active company with 3 existing manufacturing lines and customers from UK, EU, US, Turkey, Canada,Japan, Oceania, Thailand and India.

So Anzo is very much overpriced compare to AT.

With US in trade ware with China and Europe in bad faith resulted from previous donation supplies, SEA stand to gain most of the medical glove demand.

Thailand's largest glove maker, Sri Trang Gloves (Thailand) Pcl, gained as much as 77% in the Thai stock exchange.

https://www.theedgemarkets.com/article/sri-trang-gloves-surges-first-thai-listing-outbreak#:~:text=IPO-,Sri%20Trang%20Gloves%20surges%20in%20first%20Thai%20listing%20since%20outbreak,since%20the%20novel%20coronavirus%20outbreak.

The cake is huge, more than everyone need to grow. Demand expected to exceed production / supply for years to come.

2nd wave reported to start jumping as high as 50% in daily new infections in most of the Covid-19 top countries like US, UK, Brazil, Russia, Brazil.

Glove counters is definitely the heaven for all investors to rest their fund, especially the bigger one. It will be perfect time to announce production for medical glove.

Hopefully school re-opening will not bring in 2nd wave. It's almost impossible for school to impose social distancing & table seating 1 meter apart because there are just insufficient class rooms and teachers to handle that. Otherwise the spread will be fast and furious, imagine thousands of kids mingling around daily. The chance of close contact is as high as you can get.

https://www.definitemarket.com/blog/back-on-monday : To assume ZERO synergy (industrial gloves moving into nitrile) is silly. That's like saying if you can cook noodles, you cannot cook anything else.

The market is too used to seeing share prices go up and sustain higher levels. I believe once Pearl Glove launches its first nitrile glove, this will no longer be 10cents, nor 20cents.

Well said, put it plain and simple for those who keep saying Pearl Glove only know making industrial glove where their current product range include nitrile glove.

Posted by emil > Jul 6, 2020 11:37 PM : all are wayang only....both AT & Anzo will end up with huge losses as gloves bull run is in the last leg before it start to tumble down!

https://klse.i3investor.com/servlets/cube/post/emil.jsp

Your crystal ball telling you the future? What's the TOTO jackpot?

You sounds negative on every posts and threads, does that make it easier for you to sapu panic seller?