Some could be confused by menort continuous baseless accusations without any supporting evidences, but on the other hand ATS is making good progress accordingly. It doesn't make any business sense for anyone to keep dumping money to sign one contract after another just to cover a story. The story is just too costly to create more contract to cover another because paper can never cover a fire.

There are several other stocks who announced getting into glove but after few days of price surge, there is no more news nor progress. Some could be disappointed for ATS price not surging high but at the same time should appreciate that it's price has been stable even during ocean of red.

#menort : From your past comments, you are really obsessed with AT and particularly Mak. He must have hurt you or your close one real bad that you are repeating the same baseless accusations on daily basis.

Everyone has freedom of choice, you are FREE NOT to invest in any of his related counters but making wild accusations without substantial supporting facts and evidenced is as good as defamation that is legally binding. Don't assume that you are safe hiding behind the screen and acting as keyboard warrior. There is no need to make your life so miserable , put your time and money where it make you happy.

For your benefit of self-reflection, I reported Abuse and urging everyone who share the same view to do the same. This is only way to help Menort to learn not to abuse the freedom everyone here is enjoying.

#fluffyclouds > Aug 27, 2020 7:07 PM : Thanks for sharing that @ zoro_roronoa. I knew that shareholder approval was required, but not the actual date of the meeting. So all the guys lamenting poor performance in this forum, nothing can really be expected prior to that date. If when the pearl glove acquisition then happens share value should shoot up. The value of the Pearl glove transaction was only 22 million, they already have the money.

===============================

The 22 mil is only first part of the SSA terms, it comes with 180mil committed investment to build 4 prod lines by Nov and the balance 16 lines within 36 months.

#helterskelter > Aug 27, 2020 8:36 PM : In light of that announcement, I don't think the deal with Pearl Glove will go through. The deal with Ripcol makes much more sense,it's much cheaper,bigger land,and since AT already awarded the supply of Glove dipping machines to Ripcol,it makes much more sense to also buy the land from Ripcol and setup the factory there.Anyone going to the EGM ka?go la get some info share2 here.

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If you read the Letter of Award to Ripco for 6 prod lines where the SSA with PG is only 4 prod lines by end Nov 2020. So the new factory should have the balance 2 prod lines.

The extension for completion of PG SSA terms will reach 27 Sept, so it's only few weeks away from this announcement.

Posted by Teh Diven > Aug 26, 2020 5:46 AM : Too many share

============================

When AT become one of the prominent glove maker, the amount of share needed to grow to match it's marketcap too. Otherwise, with too little share, price will be very volatile because a bulk majority holders are long term keeper/passive traders with minority are active traders.

Posted by kc02245 > Aug 26, 2020 2:55 AM | Report Abuse

The Private Placement Price involves the issuance of up to 795,924,000 new Shares,
representing 30% of the total number of issued Shares

The Placement Shares will be issued based on a discount of
NOT more than 10% to the 5-day volume-weighted average market price (“VWAP”)
of the Shares immediately preceding the price-fixing date, to be determined by the Board after taking into
consideration prevailing market conditions.

25/08/2020 0.09 296,433,500
24/08/2020 0.09 57,013,300
21/08/2020 0.095 126,736,400
19/08/2020 0.09 69,729,600
18/08/2020 0.10 213,567,500

===> my educated guess is PP price of 8.5 sen if done today <===

Right, PP price always VWAP of last 5 days price before issuance. Not anyhow plug a figure from the air like some suggested here. All these are controlled by Bursa.

#wlovem1314 > Aug 25, 2020 8:56 PM : Highlight for the 5 MOU…. if you’re really lazy to do research.

XOX will update the status of all of the MOU after every QR. Actually……………. you can just IGNORE it if you no idea what it is.

For those who said GAP DOWN tomorrow due to the above MOUs update, you’re really “too expect” in share market, salute on u.

=====================

Right, some just jump on any and every news.

It is part of Bursa requirement that any business dealings that potential to affect the price of their shares must be announced officially thru BURSA and updated quarterly on it's latest status. This is to protect the interest of all share holders. No material development is NOT cancellation, it is meant to say NO status changes.

Posted by SunTzu888 > Aug 25, 2020 7:07 PM : Buy both is like buying big and small in casino, most likely, no gain no loss, no?
Unless NIISe is awarded to few companies. As far as we know, there is one companny bid the tender without forming a consortium.

====================

Nope, bet on both. Either side lose, cut loss at 10%. The winner definitely going to fly more than 10%. So, you are sure win unless the deal went to 3rd one. LOL

Posted by yameyamo > Aug 25, 2020 9:56 AM : Warrant, ESOS, EIS/SIS, GG throw throw throw eAt eat eat all your money. Announce cancellation of Glove manufac, Sept = 0.08, Oct = 0.07 Nov = 0.05

=====================

Can you post the link here on the cancellation notice? How does Warrant, ESOS / SIS eat up all the money?

Everyone is entitled to his freedom of choice and opinion, but if one can't justify his claims with facts, that's worse than bullshitting. How does this benefit you? AT holders are resilience and mature enough to stay firm.

#yameyamo > Aug 24, 2020 2:11 PM : Good news? your head! They are throwing out their company shares! for the 5th Times ESOS and EIS when will it stop?

========================

Why is it not a good news? Perhaps Google will explain to you what's ESOS & EIS is about. The holders can't simply dispose their allocated shares, most has holding time limitation.

Posted by kc02245 > Aug 24, 2020 2:18 : MY TWO SEN:
I find it intriguing why the employees (mostly management) would want to exercise AT at 9 sen. It is no small change at MYR 11,077,200.00. In fact, they exercised 100% of the offered options to eligible Directors and employees under its SIS (SHARE ISSUANCE SCHEME) as announced on 18/08/2020.

Another tell tale sign was the big block of 80,000,000 shares bid @ 9 sen on Friday. 21/08/2020.

They must have known something we don't? Very very confidence news indeed!

======================

You got it perfectly nail to the point. ESOS or SIS is basically offering shares to eligible Directors and employees and it is in par with open market price (not discounted price).

Which employees and director so cash rich to dump so much fund after several rounds if they are not dead sure it is going to fly?

Looking at the Gold Future chart at https://nimb.ws/EkgyeO to break out from $1,930 and establishing support at $1,950. Once the W pattern start to trend up, it is time to re-test the last historical high and potentially reaching over $2,100. If this is achieved, NICE past records shows it could surged beyond RM0.55 swiftly and sharply.

boonkeng16 > Aug 22, 2020 8:56 AM | Report Abuse

Ya any news on 2 month extension for pearl glove?

=====================

The extension end on 27 Sept, which is 5 weeks away from now to get the official status update. Looking at the announcement on 12 Aug on Letter of Award to Ripcol to supply, install & commission the prod line for PG, it looks set to meet the deadline.

https://www.tradingview.com/chart/XAUUSD/AlUiohqC-XAU-USD-MULTI-TIMEFRAME-ANALYSIS-UPDATE/ explained very well on the current gold price trend in forming W pattern where it need to drop to its support level at 1900 to confirm if it will complete the W pattern by bouncing up to re-test the last historical peak.

If the W pattern is form, all the gold counters will surged along with NICE leading the top.

Gold Future Price : 2,012.25 +1.60 , all set to test USD2,020 again in our morning.

MUI out-performed NICE yesterday, gained 40% although NICE has 4.5X high volume. Looks like the gold counters are heading to another shinning day.

Click on my username to access GOLD RUSH room.

Gold Future Price : 2,012.25 +1.60 , all set to test USD2,020 again in our morning.

MUI out-performed NICE yesterday, gained 40% although NICE has 4.5X high volume. Looks like the gold counters are heading to another shinning day.

Click on my username to access GOLD RUSH room.

Gold Future Price : 2,012.25 +1.60 , all set to test USD2,020 again in our morning.

MUI out-performed NICE yesterday, gained 40% although NICE has 4.5X high volume. Looks like the gold counters are heading to another shinning day.

Click on my username to access GOLD RUSH room.

Gold Future Price : 2,012.25 +1.60 , all set to test USD2,020 again in our morning.

MUI out-performed NICE yesterday, gained 40% although NICE has 4.5X high volume. Looks like the gold counters are heading to another shinning day.

Click on my username to access GOLD RUSH room.

Gold Future Price : 2,012.25 +1.60 , all set to test USD2,020 again in our morning.

MUI out-performed NICE yesterday, gained 40% although NICE has 4.5X high volume. Looks like the gold counters are heading to another shinning day.

Click on my username to access GOLD RUSH room.

Gold Future Price : 2,012.25 +1.60 , all set to test USD2,020 again in our morning.

MUI out-performed NICE yesterday, gained 40% although NICE has 4.5X high volume. Looks like the gold counters are heading to another shinning day.

Click on my username to access GOLD RUSH room.

Gold Future Price : 2,012.25 +1.60 , all set to test USD2,020 again in our morning.

MUI out-performed NICE yesterday, gained 40% although NICE has 4.5X high volume. Looks like the gold counters are heading to another shinning day.

Click on my username to access GOLD RUSH room.

#menort > Aug 18, 2020 9:40 PM : Better get out fast from this counter.

There will be no second chance after this.

Better invest at better glove counter eg big 4 glove.

Mak Siew Wei is known as legendary pump and dump.

=====================

Then you must be the legendary gospel whisper bitching at every stock daily without fail, there is no second person other than you.

Gold Future price has successfully broke USD2,000 this morning, reaching USD 2,003/oz. International Analyst projected Gold Future price to reach USD2,500 in near term and potential to peak USD4,000 in longer term.

Gold counters are set to be bullish for the days to come. NICE (7139) taking the lead, surged to 0.345 (gained 21%) that still far away from it's all time high of 0.53 just 2 weeks ago.

If Gold Future continue to be bullish, NICE is set to break it's all time high and potentially to reach 0.845.

https://nimb.ws/bt1PpW

Gold Future price has successfully broke USD2,000 this morning, reaching USD 2,003/oz. International Analyst projected Gold Future price to reach USD2,500 in near term and potential to peak USD4,000 in longer term.

Gold counters are set to be bullish for the days to come. NICE (7139) taking the lead, surged to 0.345 (gained 21%) that still far away from it's all time high of 0.53 just 2 weeks ago.

If Gold Future continue to be bullish, NICE is set to break it's all time high and potentially to reach 0.845.

https://nimb.ws/bt1PpW

Gold Future price has successfully broke USD2,000 this morning, reaching USD 2,003/oz. International Analyst projected Gold Future price to reach USD2,500 in near term and potential to peak USD4,000 in longer term.

Gold counters are set to be bullish for the days to come. NICE (7139) taking the lead, surged to 0.345 (gained 21%) that still far away from it's all time high of 0.53 just 2 weeks ago.

If Gold Future continue to be bullish, NICE is set to break it's all time high and potentially to reach 0.845.

https://www.forbes.com/sites/naeemaslam/2020/08/05/gold-price-2000-smashed-is-2500-next-stop-what-is-the-biggest-risk-for-gold-this-week/#12a0fcb4d71f

Gold Price: $2,000 Smashed, Is $2,500 Next Stop?

https://www.investing.com/news/commodities-news/gold-racing-back-toward-2000-as-yields-tumble-2268372

Investing.com - Gold prices jumped more than 2% on Monday, briefly recapturing the $2,000 an ounce perch for the first time in nearly a week, as a renewed drop in Treasury yields pushed investors back toward safe-havens.

https://www.fxempire.com/forecasts/article/gold-price-forecast-gold-markets-continue-march-higher-667150

Central banks around the world will continue to flood the markets of liquidity and that something that is not going to change anytime soon. With that in mind, the trend higher makes perfect sense and I would anticipate it to last for quite some time. Ultimately, this is a market that I think finds plenty of buyers on dips regardless, because quite frankly most fiat currency around the world is going to continue to get crushed. Although the gold markets are priced in US dollars, at least the most common ones are, the reality is that you can buy gold in just about any currency right now and feel relatively good about it.

https://www.fxempire.com/forecasts/article/gold-price-prediction-prices-surge-but-as-buffet-joins-gold-rally-667171

Gold Price Prediction – Prices Surge but As Buffet Joins Gold Rally

Gold prices rebounded sharply on Monday following news on Friday that Warren Buffet had taken a big stake in Barrick Gold. The dollar continued to trend lower, while US yields ran into resistance and eased throughout the trading session.

#aizaclunk just realized never seen menort talk about ripcol, keep talking about pearl glove, i need more explanation

==============

#menort still living in 2 months ago story. He can't catch up till last week yet. 2 months later, he will go around harping that AT, PG & Ripcol going to get cancelled.

liverfool https://www.theedgemarkets.com/article/industrial-automation-outfit-sy...

@menort so the supply contract with Ripcol Engineering Sdn Bhd (RESB) for set up one single former dipping line and five double former dipping lines also will be cancel then. A lot things need to cancel liao. I better cancel my share trading account too. hahaha.

-------------------------

Also better cancel your internet account so totally cut off from online world hahaha

#menort world price drop. not a good news.

Chart Don't LIE. Look at the chart, it is at historical high of gold trading history for last 30 years, it is currently at resistance level of USD1,950 since last few trading days.

#WongCapital Drop from the peak 53 sen to 26 sen. Purely goreng counter anything can happen.
17/08/2020 9:23 AM

#WongCapital If gold makes a correction to next support 1815, this counter will go back to 10 sen lol
17/08/2020 9:24 AM

============================

Which of your counters are flying now? Given the GDP fallen worse than 1998 Asian FInancial Crisis by 54% deeper, what do you expect on the market sentiment although everyone know April ~ June 20 is the worst quarter with most biz are in full lockdown.

What if Gold price broke its resistance and high over its peak? All the bankers / traders / analyst are bullish and their Target Price could as high as USD4,000 nearly double of current level.

In any stock, there is always "IF" , that's why Chart Technical Analysis is crucial to assess it's trend. Otherwise anyone could come out with any "IF".

Chart 1 - https://nimb.ws/6qfKcT

On 04 Aug, Spot Gold Price broke resistance level 1 - $1,950, NICE price surged from RM0.09 to RM0.22 (gained 144%).
On 07 Aug, Spot Gold Price broke ressitance level 2 - $2,020, NICE price surged from RM0.22 to RM0.38 (gained 72%)
On 07 Aug, Spot Gold Price peaked at US$2,069.21, NICE Price surged from 0.38 to peak at RM0.51 (gained 34%)

FOllowing similar past trend, where Spot Gold Price is breaking resistance level 1 at US$1,950 where RICE is price at 0.255 should surge 144% to RM0.367 and continue to rise to RM0.631 to peak at RM0.845 once Gold Price break beyond US$2,050.

If NICE is performing at the same rate of past trend, it should rise from current price at RM0.255 to RM0.845, that's a 231% ROI within days. I could be wrong and past performance do not necessarily represent future result, but if the assumption is true, this is too good to miss.

#menort https://klse.i3investor.com/m/blog/TehEngHuatIsGohBoonSoo/2016-12-23-s...
16/08/2020 11:44 PM

#menort AT using the same tactic as Mqtech. Becareful.
16/08/2020 11:45 PM
========================================

How is Teh & MQTech related here? MQTech & ANZO story burst within days. In fact, I did shared the tell-tale sign on both but most like to chase high blindly.

===================================

menort Eric:

If you think AT is legit then trade at your own risk.

Every year same happen and they keep losing money.

High chance the pearl glove will be cancel.
17/08/2020 9:49 AM

=============================

Everyone has freedom of voice but spreading fake news and making unsubstantiated claim doesn't reflect one well.

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

Many could be wondering how is one glove stock performing as compared to others, and how is one trending vs the rest. Here are comparison for all the glove stocks. More details at https://klse.i3investor.com/blogs/GlovesRally/blidx.jsp

#ajaaja > Aug 15, 2020 7:32 AM : Yesterday managed 2 trips intraday on WB. First morning buy 023/024... 2nd afternoon 022/024. Khamis also 2 trips ..

Easy money. Hehehe.

WB movement is more robust, compared to mother shares.

---------------------

10%~20% movement is quite common for many stocks, just have to catch the right timing. One day 2 trips would have earned 20%~40% return, better than idling waiting for high peak.

#lanunbitcoin > Aug 14, 2020 7:03 PM : Gold to fly... im exit when below 0.2.. tp 0.52 hopefully become 0.75.. gold still in fundemental.. economy
down.. strong fundamental.. tq for strong support

-------------------

At 0.20, it is rock bottoming price that could have earned you +125% when the whole bursa was in red.

#NATURAL9 can whack them during EGM for the approval of the proposed diversification of bussiness 14/08/2020 3:48 PM

================

This is the single decision that will turn your RM0.10 stock to RM2~RM3 (20X ~ 30X) within months, just imagine Carepls + HLT combined value. You would whack yourself for not going in early enough but to chase high.

For all naysayers to have a close look - https://nimb.ws/ZU7xET . NICE taking top 2 & 3 spot in top gain % and has stay GREEN entire day out of ocean of RED.

How are those strong fundamental stocks performing these days? Have their strong fundamental grow 10X ~ 20X to support their exponential stock growth?

Spot gold price is set to break resistance at US$1,950 to lead gold stock among the first to rebound. NICE has always been the out-performer compared to the rest of gold counters.

How High can NICE Rise?

Chart 1 - https://nimb.ws/6qfKcT

On 04 Aug, Spot Gold Price broke resistance level 1 - $1,950, NICE price surged from RM0.09 to RM0.22 (gained 144%).
On 07 Aug, Spot Gold Price broke ressitance level 2 - $2,020, NICE price surged from RM0.22 to RM0.38 (gained 72%)
On 07 Aug, Spot Gold Price peaked at US$2,069.21, NICE Price surged from 0.38 to peak at RM0.51 (gained 34%)

FOllowing similar past trend, where Spot Gold Price is breaking resistance level 1 at US$1,950 where RICE is price at 0.255 should surge 144% to RM0.367 and continue to rise to RM0.631 to peak at RM0.845 once Gold Price break beyond US$2,050.

If NICE is performing at the same rate of past trend, it should rise from current price at RM0.255 to RM0.845, that's a 231% ROI within days. I could be wrong and past performance do not necessarily represent future result, but if the assumption is true, this is too good to miss.

Posted by Fintec > Aug 14, 2020 3:36 AM :
Ripcol Engineering purchase why not mentioned price purchased unlike Pearl Glove or is it if price low seller won't sell? Issue share better?

--------------------------

If you are the owner of Ripcol Engineering, would you prefer ONE OFF cash or a share of a great potential growing listed glove maker that could worth 30X ~ 40X more? It's just a simple logic for any businessman to make sense.

#Andrew1919 > Aug 13, 2020 4:36 PM : I'm actually have high hopes on AT due to 2 reasons.

1) They are venturing into glove industry. Despite being the new kid in the industry but the demand of gloves still remain strong given the fact that those 7 glove companies already full capacity at least until Q2 2021 with spot prices.

2) Malaysia's ban on foreign labors in manufacturing industry starting from 2021. Can expect all the manufacturers especially gloves will start to invest heavily on automation. I'm seeing AT more or less will benefit from this movement.

Just sharing thoughts here. Open for discussion.

============================

You are absolutely right.

1) ATS is aiming to become ALL-IN-ONE glove player to include Glove Machinery, Medical Glove Manufacturing (Pearl Glove) & Glove Dipping. It is just like Careplus + HLT under one company.

All this targeted to be ready to start production by Nov / Dec, it's current price could never stay at $0.10. It is going to worth at least 30X~40X more, to be on the same level as the other smaller glove makers.

2) I wouldn't think it is possible and practical to ban foregin labours in manufacturing. Even more advance countries like Singapore still heavily dependent on foreign labour.

#menort > Aug 13, 2020 4:40 : whenever AT price increase Mak Siew Wei will keep dilute the share with Esos so that he can buy it at 0.075 then later sell all then buy again at discount price of 0.075 while other see the share price keep dropping.

Company need to kick out this bad luck eating money person.

AT already 2 billion share issue because of Mak Siew Wei management.

At will become like Sapuraenergy oneday. The bad news is AT is loss making company compare to Sapura energy.

==============================

What's your logic? Assuming you are Mak, would you rather to sell your $0.075 ESOS at RM0.09 or $0.19? Wouldn't there is more profit for all directors if the price is higher?

Did you actually see the timing of the fall coincidencely matching the rest of the counters? Do you mean that Mak is controlling the entire BURSA ?

======================================
#menort > Aug 13, 2020 4:42 PM :

To know how Mak Siew Wei syndicate work is he will go around to any PN17 company then make a to good to be true news so he can goreng the share price and make million of money.

The same happen in the past for London Biscuit, Scan Associate, Nakamichi etc.

=================================

If you know his operation so well, why don't you do the same and make millions for yourself? Bitching here won't make you any penny.

Menort, why don't you make yourself and everyone's life more pleasant, just dump the stock of whoever that you don't like. Bitching him daily will only make your life more miserable. There are hundreds of counters that doesn't has Mak footprint waiting for you.