https://klse.i3investor.com/blogs/timeline_AT0072_target_price/

The timeline and progress of AT target price

https://www.thesundaily.my/business/at-systematization-expects-revenue...

From this news we can see they already running 2 lines on February 23, 2021, line 3,4,5,6 will be completed in April, 2021. Yes, many people are right, they should make official announcement about the update of following lines, but unfortunately they do not announce. But, I believe no public listed company dare to cheat the public because it would harm their reputation so badly and hard to survive in the future without the trust from public. That is why I believe AT will keep their promises to complete 61 glove dipping lines since they already told so many official media and let so many people know about their plan, if they failed to do it, they will lose trust from so many people.

We can also see "AT has now obtained the CE Marking Certification (allowing gloves to be export to the European region). While AT is the process of applying full certification from the US Food and Drug Administration (FDA), AT has obtained permanent registration with the FDA which allows gloves to be export to USA during this pandemic. Other certifications that are currently in progress of obtaining includes the ISO 13485 and Medical Device Authority (MDA) certification." from the news above about their certification.

https://www.klsescreener.com/v2/announcements/view/3303515

This is the announcement made on February 5, 2021.

https://www.thesundaily.my/business/at-systematization-expects-revenue...

From this news we can see they already running 2 lines on February 23, 2021, line 3,4,5,6 will be completed in April, 2021. Yes, many people are right, they should make official announcement about the update of following lines, but unfortunately they do not announce. But, I believe no public listed company dare to cheat the public because it would harm their reputation so badly and hard to survive in the future without the trust from public. That is why I believe AT will keep their promises to complete 61 glove dipping lines since they already told so many official media and let so many people know about their plan, if they failed to do it, they will lose trust from so many people.

We can also see "AT has now obtained the CE Marking Certification (allowing gloves to be export to the European region). While AT is the process of applying full certification from the US Food and Drug Administration (FDA), AT has obtained permanent registration with the FDA which allows gloves to be export to USA during this pandemic. Other certifications that are currently in progress of obtaining includes the ISO 13485 and Medical Device Authority (MDA) certification." from the news above about their certification.

https://www.klsescreener.com/v2/announcements/view/3303515

This is the announcement made on February 5, 2021.

Hi King36, the target RM0.134 will reach when they completed 13 lines (expect in October 2021). Target RM0.28 will reach when glove sector recovers to normal level (expect in 6 months). All of us know that glove sector is undergoing downtrend currently, but stock will not undergo downtrend forever, it will recover to a normal level when it reaches a downtrend limit and meet a strong support. A specific time on when the glove sector will recover cannot be guaranteed, we have to observe the technical chart for this, some day it will change it's direction. The Delta Covid-19 Variant is what the global need to take precaution.

https://www.thesundaily.my/business/at-systematization-expects-revenue...

From this news we can see they already running 2 lines on February 23, 2021, line 3,4,5,6 will be completed in April, 2021. Yes, many people are right, they should make official announcement about the update of following lines, but unfortunately they do not announce. But, I believe no public listed company dare to cheat the public because it would harm their reputation so badly and hard to survive in the future without the trust from public. That is why I believe AT will keep their promises to complete 61 glove dipping lines since they already told so many official media and let so many people know about their plan, if they failed to do it, they will lose trust from so many people.

We can also see "AT has now obtained the CE Marking Certification (allowing gloves to be export to the European region). While AT is the process of applying full certification from the US Food and Drug Administration (FDA), AT has obtained permanent registration with the FDA which allows gloves to be export to USA during this pandemic. Other certifications that are currently in progress of obtaining includes the ISO 13485 and Medical Device Authority (MDA) certification." from the news above about their certification.

https://www.klsescreener.com/v2/announcements/view/3303515

This is the announcement made on February 5, 2021.

The time to reach final target price RM0.80, we have to wait until the opening of second factory + completion of 13 lines in first factory + recovery of glove trend, so I would say December, 2022 is the earliest time.

[MUST READ] Important message for all investors who are planning to invest in AT or existing AT shareholders
------------------------------------------------------------------
I noticed many account in i3Investor here saying AT as a "fraud company", "using fake news to trap investors in high price", "not producing any glove at all", and so on. Some of them even insulted AT company director.

I started to worry about the decision I had made recently to invest in this company, then I quickly search on Google about those negative statements shared on i3Investor. After searching on the internet, I found out there are NO such negative news reported by official media. But I noticed there are some people created unofficial websites to spread such negative statement.

This made me felt curious: who would do this kind of thing? Why are they trying to spread fake negative news about a company and have time to keep posting on the internet almost every day?

Let us think about it together:
1. If you are holding a company's shares, would you spread fake negative news about the company to others? No, because it will affect the price to drop. So we know those people are not AT shareholders.

2. If you are not a company shareholder and you are not interested to the company, would you keep paying attention to the company and spread fake news about it? No, because you won't spend time on things you are not interested, unless somebody pay you for doing it. So maybe those people were paid by AT's competitor company.

3. If you have already sold AT's shares before, would you spread fake negative news about the company to others? Yes, so that the share price will fall and you can buy back at a lower price. So those people are hoping the fake news could make the share price drop and they can buy back at a lower price.

4. If you are planning to buy AT's share and this is your first time, would you spread fake negative news about the company to others? Maybe yes, because you are hoping the fake news could make the share price drop and you can buy at a lower price.

In conclusion, those who keep spreading fake negative news about AT are planning to make the share price drop so that they can collect AT shares at a lower price. Second, maybe AT's competitors in the market paid them to do it.

Thank you for reading.

[MUST READ] Important message for all investors who are planning to invest in AT or existing AT shareholders
------------------------------------------------------------------
I noticed many account in i3Investor here saying AT as a "fraud company", "using fake news to trap investors in high price", "not producing any glove at all", and so on. Some of them even insulted AT company director.

I started to worry about the decision I had made recently to invest in this company, then I quickly search on Google about those negative statements shared on i3Investor. After searching on the internet, I found out there are NO such negative news reported by official media. But I noticed there are some people created unofficial websites to spread such negative statement.

This made me felt curious: who would do this kind of thing? Why are they trying to spread fake negative news about a company and have time to keep posting on the internet almost every day?

Let us think about it together:
1. If you are holding a company's shares, would you spread fake negative news about the company to others? No, because it will affect the price to drop. So we know those people are not AT shareholders.

2. If you are not a company shareholder and you are not interested to the company, would you keep paying attention to the company and spread fake news about it? No, because you won't spend time on things you are not interested, unless somebody pay you for doing it. So maybe those people were paid by AT's competitor company.

3. If you have already sold AT's shares before, would you spread fake negative news about the company to others? Yes, so that the share price will fall and you can buy back at a lower price. So those people are hoping the fake news could make the share price drop and they can buy back at a lower price.

4. If you are planning to buy AT's share and this is your first time, would you spread fake negative news about the company to others? Maybe yes, because you are hoping the fake news could make the share price drop and you can buy at a lower price.

In conclusion, those who keep spreading fake negative news about AT are planning to make the share price drop so that they can collect AT shares at a lower price. Second, maybe AT's competitors in the market paid them to do it.

Thank you for reading.

Hi bananaskin, so many "when this, when that" is because we have to present the logic thinking behind our statement. For example: when x=3, then we can understand that 2+X=5. And also, when we are making a statement, we have to show citation and reference to support the statement, without citation and reference, the statement may be unreliable.

Agree with you Goodprofit, we have to see whether AT has something in their glove business in this coming QR

I posted this article to share my point of view with all fundamental and long term investor. I noticed the intrinsic value of this company and hope to discuss with other long term fundamental investor. Please give me constructive and useful feedbacks on my perspective and calculation based on the article. Thank you.

Citadel9999, talk talk about knowledge got use, talk talk about nonsense no use.

https://klse.i3investor.com/blogs/AT_0072_fundamental_analysis/2021-06-17-story-h1566905561-AT_Current_Share_Price_RM0_07_1st_Target_Price_RM0_134_2nd_Target_Price.jsp

Recently, many people are discussing about AT Systematization BHD (0072) share price. The share price of AT will be going up or continue going down in the future? This article discusses about the future share price of AT from the fundamental and long-term perspective. AT share price is RM0.07 currently. The first target price is RM0.134, second target price is RM0.28, third target price is RM0.80.

We have to be patient and see the development of AT. If the coming quarter report show us something about the glove business, then it should be no harm to trust the company. If they eventually complete 13 lines, it should be profitable to trust the company.

I think the up coming QR will show loss rather than profit. Although they have started to sell their gloves to LKL(0182), they are still spending a lot of money to build new factories. They need a few months to breakeven in this glove business, thus I expect the good quarter results will only appears in next next QR (around 6-7 months later).