*Important* Read this and think wisely.
Any affects on AT from termination of SSA for acquisition of Pearl Gloves Sdn Bhd?

There will both good and bad affects on AT.

Let’s start with good one.
1. AT already execute 680,000,000 private placement and raised almost RM80,000,000 to acquire Pearl Gloves Sdn Bhd.
2. What does that mean? AT will have a lot of cash on hand which is AT’s asset (NTA). Thus, AT can fully focus on its own gloves productions instead of spending millions on Pearl Gloves.
3. With the extra money saved from the acquisition, AT is expected to increase it owns production lines.

So, what is the bad affect?
1. Nothing bad will affects AT, but we will expect more haters come in to shout and call sell and they take the chance to collect.

Must understand why we buy AT! We buy AT not because of Pearl Gloves, but it’s own gloves productions which will start to run by next month! That’s why today AT very confident to issue Option under SIS at RM0.24.

Sekian Terima Kasih

Acquisition of Pearl gloves successful!!!!

Lets try this worse case scenario....price 20% cheaper USD 6/100....and production 1 shift @75% utilisation and USD 1:MYR 4.1. Profit margin: 20%

Assume 1 production shift only &
Lower ASP : USD 6/100gloves

USD:MYR (1:4.1)



*Given* :
1) Capacity = 211mil
2) Price = USD6/100(rm0.246 perglove)
3) Shares = 3,066 mil

*Assume* :
3) Shift = 1
4) Production = 75% capacity
5) usd/myr = 4.1
6) Profit Margin = 20%
7) Corp Tax = 25%

*PBT* = 211mil x 1.0 x 0.75 x 20% x 12 x 0.246 =
RM 93,430,800

*PAT* = (1-t%) PBT = 0.75 x 93,430,800 = RM 70,073,100 p.a

*EPS* = 70,073,100/3.066bil = 0.0228

PE :15, P= RM0.343
PE :25, P= RM0.571
PE :40, P= RM 0.91
PE: 60, P= RM 1.368


*Benchmark* :
Supermax PER = 18x
TopGlove PER = 35x
Kossan PER = 60
Rubberex =58

* remember earlier, Supermax, TG, Harta, PE easily 80-90*

Let me explain what is private placement (PP) in simple.

1. AT needs money to expand business (build factory and buy Pearl Glove business), so they raise fund by doing private placement.
2. AT issue new shares (private placement) and sell to investors through closed market (not you and me).
3. Private placement can be good or bad. If company do private placement (sell new shares) to raise fund to expand business then is good news. Because it adds value to the company.
4. If company do private placement to raise fund to pay debts then is bad news.
5. Now AT announce its private placement is completed means no more new shares coming into market, good for everyone. And the purpose of its private placement is to build more production lines for gloves and buy Pearl gloves by this week.

Conclusion: AT already raised enough money earlier than expected to build production lines and buy Pearl gloves Sdn Bhd by 12th November 2020. It’s green light for AT to fly up.

Take note: The cut-off date for AT to buy over Pearl Glove Sdn Bhd is on 12th November 2020 (Thursday), tomorrow is last day to collect.

Sekian terima kasih.

Let me explain what is private placement (PP) in simple.

1. AT needs money to expand business (build factory and buy Pearl Glove business), so they raise fund by doing private placement.
2. AT issue new shares (private placement) and sell to investors through closed market (not you and me).
3. Private placement can be good or bad. If company do private placement (sell new shares) to raise fund to expand business then is good news. Because it adds value to the company.
4. If company do private placement to raise fund to pay debts then is bad news.
5. Now AT announce its private placement is completed means no more new shares coming into market, good for everyone. And the purpose of its private placement is to build more production lines for gloves and buy Pearl gloves by this week.

Conclusion: AT already raised enough money earlier than expected to build production lines and buy Pearl gloves Sdn Bhd by 12th November 2020. It’s green light for AT to fly up.

Take note: The cut-off date for AT to buy over Pearl Glove Sdn Bhd is on 12th November 2020 (Thursday), tomorrow is last day to collect.

Sekian terima kasih.

CMCO extend until December...retailers sure unsubscribe Revenue’s service....see you all at 0.9 soon

CMCO until December...see you all at 1.80

Read the announcement posted on 12th October 2020.

Good News......Actually.......do you all know that next week AT will be announcing the acquisition of Pearl Glove Sdn Bhd? The Cut-off date will be Thursday 12th of November. Tighten your seat belt, next week we riding rocket to space.

I warn you now, see who die 1st

Operator, if you wan play like this, we all throw for you

3.9, 3.91 and 3.92 keep on going fake queue to trap people

Wahhh...operator come in kacau keep on fake queue to trap people, luckily I managed to throw

Karim disposed 3.83, but now can buy 3.68....hooorraayyyyy

Collected 3.68 at 4.50pm....thanks for the chance to buy low

Today noon session will limit up, if today RM0.595 (dividend RM0.035), you still get 5.8% return. Better than your FD.

https://www-telegraph-co-uk.cdn.ampproject.org/v/s/www.telegraph.co.uk/news/2020/09/25/china-prepares-declare-victory-global-vaccine-race-assures/amp/?usqp=mq331AQFKAGwASA%3D&amp_js_v=0.1#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.telegraph.co.uk%2Fnews%2F2020%2F09%2F25%2Fchina-prepares-declare-victory-global-vaccine-race-assures%2F

Congratsssss to those who still holding, Monday going to fly

https://amp.cnn.com/cnn/2020/09/25/asia/china-vaccine-who-intl/index.html

CNN reported also...Monday going to fly

https://amp.cnn.com/cnn/2020/09/25/asia/china-vaccine-who-intl/index.html

https://www.theedgemarkets.com/article/china-says-who-gave-blessing-coronavirus-vaccine-emergency-use-programme?fbclid=IwAR3BVn8N1h7O_Snq-jzdV41PHzLojsrLVjpso686eVVLLVVm3a9ec_GShlA

Yessssss.....WHO agreed emergency use programme, Monday flyyyy

https://www.theedgemarkets.com/article/china-says-who-gave-blessing-coronavirus-vaccine-emergency-use-programme?fbclid=IwAR3BVn8N1h7O_Snq-jzdV41PHzLojsrLVjpso686eVVLLVVm3a9ec_GShlA

https://www.channelnewsasia.com/news/asia/covid-19-china-who-support-vaccine-use-programme-13147602

As what I expected, gap down then rebound yoohooo

https://www.klsescreener.com/v2/news/view/729553

Those monday morning panic selling, will thank you for cheap price.

Monday MMAG gap down, MSCM gap up, then MMAG follows to rebound with 10-20% up.

In a filing with Bursa Malaysia this week, MSCM proposed a plan to raise cash of around RM123mil via a private placement of its shares for this purpose. The venture into the supply of vaccines and test-kits will be undertaken by its 51%-owned subsidiary HS Bio Supplies Sdn Bhd, the filing revealed.

The remaining 49% stake in HS Bio is owned by MMAG Holdings Bhd. It is worth noting that MMAG held a controlling stake in MSCM until recently.

According to the filing, HS Bio intends to source the medical and healthcare products from exclusive distributors approved by the Health Ministry (MoH). These products include vaccines, test kits, medicine and supplements.

https://www.klsescreener.com/v2/news/view/729553

Monday limit up

Throw don buy....we let the sharks die themselves...keep on pressing....let them eat themselves....we don buy from them....shame on you sharks

Dividend 17sen
Current price 10lot X RM10.04 = RM 10,040
Dividend 10lot X 17sen = RM 170

Which mean 1.7% guaranteed return. TP 11 and TP12
So 10-20% return on capital.

Overall, still very attractive for those looking for guaranteed + stable return. Just wait for it.

Today RM10.40

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3069333

Official announcement after Bursa final decision.
Last price for Topglov 16th July is RM19.70.

Bear in mind......Next week IDSS AA......target 30sen limit down......already warn you all now

Many uncle aunty (regular customers) they are gamble addicted......nothing can stop them from going to casino even earthquake

Those said covid19 so people won’t go casino.....do you know that because of covid19....many people needs more money especially businessmen.....they have been waiting for so long and willing to take risk to gamble to try their luck for making more fast money from casino

Casino in UK will reopen on 4th July....tomorrow Genting and Genm going to crazy fly up

The Board of Directors of GENM (“Board”) refers to the announcements dated 17 March 2020 and 26 March 2020 in relation to the temporary closure of GENM’s business in Malaysia, the United States (“US”) and the United Kingdom (“UK”).



The Board is pleased to announce the resumption of business at Resorts World Genting and Resorts World Awana on 19 June 2020. Resorts World Kijal and Resorts World Langkawi will resume operations on 18 June 2020.



For further information on the reopening of GENM’s resorts in Malaysia, please refer to:- https://www.rwgenting.com/rwg/notice/



Separately, retail shopping outlets at Resorts World Birmingham (“RWB”) in UK re-opened on 15 June 2020. All other offers at RWB and all our UK land-based casinos (“UK Casinos”) remain temporarily closed. Nevertheless, the British authorities have indicated that land-based casinos and all other offers at RWB can reopen from 4 July 2020 subject to conditions. Preparations are currently underway for the resumption of the majority of our operations from 4 July 2020.



Resorts World Casino New York City (“RWNYC”) and Resorts World Catskill (“RWC”) in the United States remain temporarily shuttered. Nevertheless, preparations are in place for the properties to reopen soon.

Friday 10am trade share inside casino....win money from Genting shares and win money from casino.....double win win

Finallyyyyy........tomorrow gap up kaw kaw....back to RM5 ......waited for so long

Tmr this counter will crazy fly!

Wow proposed buy back 10% total shares...crazyyyyyy...tmr gap up and limit up...no wonder today fly so high

https://malaysiastock.biz/Company-Announcement.aspx?id=1229826

If my speculation is correct which big shark willing to risk themselves to do conversion to own mother, this means this counter is going fly very high if hold for next 6 months and above.

Correct, agree with you. From my opinion, they foresee the mother will go higher because the company is huge potential that's why the mother stand strong today. They want to own mother at the cheapest way (not to sell after conversion), conversion will be a good idea for them (they can indirectly own the mother at cheaper price).

Those who wants to do conversion, must have backdoor, so you can complete the conversion earlier, i worry the big shark got backdoor then they converted earlier than expected.

At this situation, we are safe (mother shareholders) for next 10 days, but Agjl said his side is 7-9 days, so maybe we are safe for next 7-10 days.

Assume they planned this yesterday, open price 0.46 + exercise 0.4 = RM0.86. Mean within 10-15days, they will support/protect mother until conversion completed.

ok...i checked with registrar, my side said 10-15days for conversion. I think the motive of the big shark is to do conversion, thats why they push down warrant but didnt push down mother.

Somemore wan scold people when lose money, mother still standing strong at RM1.23. Those greedy went for warrant can only blame themselves. Mother reflects the value of the business, not warrant.

@tarita you mau hamtam saya...saya report polis