The making of 0.13 and 0.12 and may be 0.11, until and unless RI is completed or terminated..its safe to buy at 0 12 if you wish to buy..safest level if you believe its earning.
High chance it falls to 0.10, but it wont drop to 0.05, so low risk already

Something real fishy here. RTL may be coming to Ekovest hand. Otherwise why Ekovest price stay green, IWCity falls and the market is so bad.
Heavy collections of Ekovest shares at these price range??
So what? Bursa is below 1500 and moving south

Next week is the margin call sell down..ATA has not tried all his effort to hold price yet. May be the target to hold is 0.40.

The two above events coupled with bleak outlook with CGS-CIMB Research reiterating its “reduce” stance on ATA IMS with a target price of 29 sen does not bode well for the company.

“We remain negative on ATA’s prospects post its investor update as we think the group will continue to post losses going into FY3/2023-3/2024F,” projected analyst Nagulan Ravi in a recent company update.

“We retain our ‘reduce’ call on ATA given its bleak and uncertain prospects … We will turn more bullish on its earnings prospects once we see (i) new customer wins; and (ii) clearer signs of its cost-cutting measures bearing fruit going into FY3/2023F.”

Interestingly, AmResearch has been equally bearish about ATA IMS’ prospect by maintaining its cautious stance on the company’s outlook.

“While efforts have been made to mitigate the damage to its reputation and recoup investors/stakeholders’ confidence, we reckon any concrete progress/results from the proposed solutions can only be seen over the medium term (six to nine months) with no guarantee of a positive outcome,” opined the research house.

Like CGS-CIMB Research, AmResearch also retained it “sell” call on ATA IMS but with a lower fair value of 30 sen (from 56 sen previously).

At 10.35am, ATA IMS was down 2 sen or 4.44% to 43 sen with 84.62 million shares traded, thus valuing the company at RM518 mil. – Dec 1, 2021

One at 0.29, the other one at 0.30.. both of this bankers must be mad.

目前，联昌将该公司2024财政年核心每股亏损调低30%，主要是考虑到机器制作客户的收入提高等正面因素，不过，该行仍预计该公司2022至2024财政年仍可能陷入2020万、4750万和2240万令吉亏损。

有鉴于此，该行保持开泰的29仙目标价和“减持”评级，并表示如果该公司成功争取到新客户或是撙节措施大有进展，该行不排除会改变负面看法。

You are right. The scenerio 3 years ago while Dyson pulled out from VS, VS was in perfect conditions to look for new customers to fill vacant capacity (no quality nor forced labour issues).
Now for ATA to look for new customers with reputation of forced labour issues and quality not met France customers issues, they need double or triple efforts to do so. The worst is that they become subcontractors for VS and SKP, at least to run their productions when their forced labour issues settled (Dyson may close one eye to put them as indirect subcontractors)

Opening of glove stocks today be mad again and shoot up like rocket.
so ARBB ?? South to JB to see VTL project in action. No Holland, just JB

Post removed.Why?

Post removed.Why?

Perhap yesterday they have started buy back, tonight you shall see the announcement.
Today they may continue buy back to hold the price.

But Malaysia Government to penalise them is ready a very negative sign as to prove of FOrced labour by ATA while Dyson terminated them.

Nothing in the morning news make me a happy day today

https://www.cnbc.com/2021/11/30/powell-says-fed-will-discuss-speeding-up-bond-buying-taper-at-december-meeting.html

Powell says Fed will discuss speeding up bond-buying taper at December meeting

Dow be bad for another few days min until the outcome of the December meeting or be worsen.

No more Happy Christmas if those still in trading. Those in US who starts their holidays earlier and unloaded their positions, they shall enjoy a good Merry Christmas.

Yesterday, foreign funds dumped RM208.8 millions in Bursa. May be going to dump more and more (reverse their buying trends for the past one month), to go back big funds to celebrate their Christmas.



We in Bursa, only si kiaw kiaw

Dow drops 650 points on growing omicron fears, Powell taper comments
PUBLISHED MON, NOV 29 20216:05 PM ESTUPDATED 45 MIN AGO

Bursa be bloody today

I hope SKP and VS are now having a Big and Independent Task Force to spend millions to immediately rectify their foreign workers welfare etc to immediately mitigate whatever problems may derive form possible Forced Labour Claims.

All abang adik in treatments of foreign workers in this regions lar, so long foreign workers make a few thousand ringgits every month with high OT, and thousand ringgits equivalent to send back to their home countries, they are super happy. Except a few guys under influence to do the accusation and cause the boat sinking now, or already sank.

https://www.thestar.com.my/news/nation/2021/11/30/local-company-in-dyson-allegations-to-be-hauled-to-court-says-saravanan
Extracts:
KUALA LUMPUR: The local company embroiled in allegations of forced labour by the electrical products company Dyson will be hauled to court, says Datuk Seri M. Saravanan (pic).

"It is erroneous to say we did not take action as we opened investigation papers when complaints were received. We had given a compound notice to them and it was not paid as of today," said Saravanan.

"As such, we will bring them to court," the Human Resources Minister added when wrapping up his ministerial replies on Budget 2022 at the committee stage in the Dewan Rakyat on Tuesday (Nov 30).

Saravanan was responding to questions raised by several MPs over Dyson's allegations of forced labour against local supplier ATA IMS Bhd.

Seems like what Dyson complains in their Report may be as true as the Malaysia Governement investigation into the Forced Labour Issues.

If it triggers attentions to other major customers in ATA to look into forced labour issues , ATA management is really in headaches to forsee their significant drop in capacity of usage again and again.

https://www.theedgemarkets.com/article/ata-ims-independent-nonexecutive-director-resigns-citing-differences-opinion
Extracts:
This prompted ATA IMS to explain in a bourse filing on Nov 29 that it is expecting another revenue drop of 40% for FY23, following the termination of its contracts with Dyson, and that its FY22 revenue will also reduce by 30% due to the impact of the Movement Control Order and labour shortages.

The group added that it had been in touch with Dyson for the full audit report on its labour practices, while highlighting the auditors’ view that the findings are “easily remediable with the commitment of the company’s management” and suggesting that parties involved discuss the findings in detail and develop a comprehensive strategy to address the issues.

Meanwhile, The Star reported Tuesday, quoting Human Resources Minister Datuk Seri M Saravanan, that ATA IMS would be hauled to court, in response to questions by several MPs over Dyson's allegations of forced labour against the company.

"It is erroneous to say we did not take action as we opened investigation papers when complaints were received. We had given a compound notice to them and it was not paid as of today," said Saravanan.

"As such, we will bring them to court," the minister was quoted as saying when wrapping up his ministerial replies on Budget 2022 at the committee stage in the Dewan Rakyat.

Saravanan also said the Labour Department was looking into the claims, as they involve a serious matter.

Good Morning to all

Open eyes early morning to check news, all are negative to ATA, something so wrong ? Even our own government investigations also do not bring in positive conclusion yet a big ticket against ATA is serving from the Chinapress news.

All wanna kill ATA and kill investors including me..ATA is totally different from Serba (totally under different problems) yet kena this time of crisis of price fall of more than 90% within weeks.

https://www.theedgemarkets.com/article/govt-introduced-recalibration-programmes-not-legalising-foreign-workers-says-saravanan

KUALA LUMPUR (Nov 30): There is no plan to legalise foreign workers, instead the government has introduced the Return Recalibration Programme and Labour Recalibration Programme for the group, said Human Resource Minister Datuk Seri M Saravanan.

He said the recalibration programmes were introduced for foreign workers who had valid documents but lost their jobs after their employers went out of business.

"We introduced the Labour Recalibration to enable them to continue working and the Return Recalibration for those who want to return home,” he said when winding up the debate on the Supply Bill 2022 (Budget 2022) at the committee level for the ministry in the Dewan Rakyat on Tuesday (Nov 30).

Foreign labourers who claim forced labour in ATA, happy lor, government has policy to allow you to go back your own countries which are heaven and not forced labour there

https://www.chinapress.com.my/?p=2767961

Instead of helping, to send you a big penalty.

https://www.theedgemarkets.com/article/ata-ims-independent-nonexecutive-director-resigns-citing-differences-opinion

Like SerbaDinamik ?? Corporate lawyer as independent director, not by Big Name Fellow, she is a professional

https://www.theedgemarkets.com/article/ata-ims-sees-selling-pressure-after-flagging-fy23-revenue-drop-severed-dyson-ties
another client cut tie. other KIV 50:50

https://www.theedgemarkets.com/article/ata-ims-independent-nonexecutive-director-resigns-citing-differences-opinion

Tomorrow is T + 2 FS day 0.82 dropped to 0.52..those bought from 1.20 - 0.82 hopefully have picked up or cleared today.

cheeyong i manage to get 0.43 to average down

You are hero

Dow Future and Europe going to big fall again..

sold some at 0.52 in the morning
another heavy loss...EMS stocks killed me ..

Quote: gemfinder, walao, aminvest cut tp to 30sen only.. more downside

30/11/2021 0.38 0.30 -0.08 (21.05%) SELL AmInvest
Checked, correct.

https://www.theedgemarkets.com/article/dyson-supplier-ata-says-forced-labour-allegations-not-conclusive

god blessed no more LD..hope it goes back 0.8 soonest

KAKI GONG KAKI SONG

Watching ATA the 4th LD tomorrow ..more interesting than this one :
Buying at 2morrow let say LD 0.22 cents is quite safe aldy with minimal downside risks from a high of 3.48 ! Possibly many will take this opportunity to accumulate for short term gains since the brokerage fees and etc is minimal. Even profits 1 cent is sufficient to cover all cost and the rest is profits if it rebound even more than the 1 cent figure.Hot focus counter by 2morrow with many operators taking position on a buying selling spree .

Check out ATA QR and announcement..4 LD on straight 4 days if tomorrow also LD.

If you hold ARBB, you are god blessed already, only from 0.27 to 0.14, 0.13, 0.12 stop

Quote
oskchoon Ataims COO bought around one million shares at 0.52 any price below is a good opportunity for COO to buy more

He bought under margin lar, show show only.

Anyway, oskchoon, appreciate your kind hearted.

If VS just on announcing themselves voluntarily that Dyson orders to reduce, its price can drop to 0.63 in 3 years ago and managed to find back enough new customers within 2 years, In this case, Dyson terminated ATA, i believe ATA price will really drop to 0.20 and wait for them to find new customers in the at least next 12 months and suffer loss for another 2 years. But their RM330 million cash be adequate to help to hold the price above 0.30-0.50 for short time if they are willing to do so.

However, to privatise ATA may be more rational as the owners own more than 60%, if the price really drop to 0.20. Restructure and find new customers and rebuild and relist in another few years.

More i read more du lan...this round loss a big deep hole..

VS Industry也曾在2018年底透露主要客户（也是Dyson）订单会减少，预计会影响到接下来的获利能力，而管理层也已经积极展开行动，正在和潜在新客户洽谈以填补空缺产能。虽然市场并不买单，公司股价一度暴跌51%至63仙，市值蒸发掉12亿令吉，投行更是把VS Industry评级从买入下修至卖出。
Dyson not pulling out orders from ATA, Dyson has terminated contracts with ATA.
If the impact of VS was so great 3 years ago, how ATA to compete.

Salted fish me now. Only way to save myself is to average down. Cannot sell.
Just hope to get cheaper price to average down and to keep for 3 years. If ATA management is as capable as VS one, they should be at least recover to fill up 50% of the capacity within the next 3 years.

Terminate all these foreign workers if they are forced labour here

Very du lan

Bala is trying to tell you, my margin is still intact and yet i still can buy shares via margin. No worry of margin call to force sales.

Cheers

VS has a good design house for their clients. They may be able to design and produce products best fit for clients standard and requirements.

I never hear ATA got any design house. ATA is busy in fire fighting to save daily production volume, quality and labour shortage issues. I doubt they have times for others.

If Dyson wants you to swallow volumes that you may have to find all ways out to swallow, this is a happy issue. You will not spend any single effort to look for new customers.

Quote: Kelvin Tam If the top management can secure biz from 2nd n 3rd largest clients of the company n the damage still can be managed to certain extent, it is irrational to think to drop to below 20-25 cents whereas 1 month ago few research houses still given target price of RM2.00-2.50( kind of funny )… Labour issues maybe able to be solved but it looks like more n more companies facing the bad name of forced labour by the US n U.K. standard …

You are right, thats why i jumped in so much and never sell my holdings. I know the company, i know their business, i know Dyson has transferred so much VS orders to them 3 years ago and MCO business of Dyson was super good, Dyson pushed ATA very much to produce more and more.

However, VS announced of dropping in revenue and profit 3 years ago, expected of Dyson transferred out orders to ATA..

VS Industry也曾在2018年底透露主要客户（也是Dyson）订单会减少，预计会影响到接下来的获利能力，而管理层也已经积极展开行动，正在和潜在新客户洽谈以填补空缺产能。虽然市场并不买单，公司股价一度暴跌51%至63仙，市值蒸发掉12亿令吉，投行更是把VS Industry评级从买入下修至卖出。

ATAIMS虽然在文告里否认暴力对待员工的控诉，但没有进一步说明失去最大客户之后公司接下来会这么办，这样的无所为不仅让投资人更忐忑不安，也让投行不看好其未来前景，纷纷下修评级为卖出。

说明失去最大客户之后公司接下来会这么办 ?????????????? 无所为 ??????

VS took 2 years to recover the loss of orders from Dyson to fill their vacant capacity. What do you think of ATA now ?? Can they by 2022 and 2023 ?

i prepare to buy to average down and to wait for 3 years, or else hopefully VS buys them over

Sifu OTB, any advice on your TA & FA studies ?

Sales volumes are high, now its 4.30pm, likely tomorrow no hope.
Shall I buy at 0.22 to average down or still wait below 0.20 ??
The internal staff sure know well the development with Dyson, possibly Dyson acknowledge the interference of Malaysia Government and extend warning to ATA for another one year to ractify all forced labour issues duly co-monitored by Malaysian Government ???
Then it may be up up up again.

Buy more more more to average down if goes to 0.13 - 0.18

The Making of 0.13 and 0.12 NOW and this week is inevitable now.

God blessed.

DOW fUTURE REBOUNDED

Thanks Beetles of your consolation...sleepless night again..and ..again..and...

my balance on hand finished ...cry cry

VS Industry也曾在2018年底透露主要客户（也是Dyson）订单会减少，预计会影响到接下来的获利能力，而管理层也已经积极展开行动，正在和潜在新客户洽谈以填补空缺产能。虽然市场并不买单，公司股价一度暴跌51%至63仙，市值蒸发掉12亿令吉，投行更是把VS Industry评级从买入下修至卖出。

ATAIMS虽然在文告里否认暴力对待员工的控诉，但没有进一步说明失去最大客户之后公司接下来会这么办，这样的无所为不仅让投资人更忐忑不安，也让投行不看好其未来前景，纷纷下修评级为卖出。

说明失去最大客户之后公司接下来会这么办 ?????????????? 无所为 ??????

FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF ATAIMS 管理层 ccb

Bissell）家电用品合约 from China transferred to VS

this is one of the real problem of weak management

TAIMS的风险处理和公关能力显然不够效率。首先原来这起强迫劳动指控事件已经发酵了好几个月，但是管理层没有及时对外披露重要信息，就让外界对其公司治理产生了信任危机。第二，ATAIMS虽然在文告里否认暴力对待员工的控诉，但没有进一步说明失去最大客户之后公司接下来会这么办，这样的无所为不仅让投资人更忐忑不安，也让投行不看好其未来前景，纷纷下修评级为卖出。

相对之下，其同行对手VS Industry也曾在2018年底经历一次重大挫折。当时候其管理层在发布2019年首季业绩报告之时作出盈利预警，透露主要客户（也是Dyson）订单会减少，预计会影响到接下来的获利能力，而管理层也已经积极展开行动，正在和潜在新客户洽谈以填补空缺产能。虽然市场并不买单，公司股价一度暴跌51%至63仙，市值蒸发掉12亿令吉，投行更是把VS Industry评级从买入下修至卖出。但是管理层讲到做到，2019年3月获得新客户（Bissell）家电用品合约，投行纷纷转变态度一致唱好VS Industry，公司股价继续上涨回升至RM1以上

At these level , will banks or security com to start calling to cover margin??