this counter bull too fierce limit up 2 days, congratulation!

@MasterOfSailang u got play kong ming lantern before? the bigger the lantern the more hot air needed else if u let go after lights up even got fire also wont fly hahaha.

be patient lor coming soon........but how soon i dont know la hahahha

@starload no bring me go makan also? not fair la hahaha

i'll be watching below resistance

Resistance#1 4.54
Resistance#2 5.58
Resistance#3 5.83

confuse between top glove and carepls already too happy i guess hahaha

huat ar!!!! hug tight tight, put seat belt hahaha

hahaha all the best to u @liverfool

Today super bull for glove counter and most likely will continue bullish for whole week. Tomorrow is AT EGM to vote PG acquisition & PP what a perfect timing.

If still doesnt move i also what will make AT move hahaha

bull is coming back, hold tight hahaha

Yup, that's right need approval in EGM before PP

Posted by MasterOfSailang > Sep 14, 2020 1:33 PM | Report Abuse

What if we have to wait 10 years ?

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

@MasterOfSailang Trade with your due diligence

@Warren ala carte depending on 4.54 resistance but I'll monitor thur closing

unfortunate to Top Glove, keep on having this issue with other country. Hope they can get thru soon.

I also hope so, if it's still not move perhaps need to wait till Nov.

Btw for everyone benefit, Glove dipping line are not purely mechanical production line, they also need electronic controller board (PCBA) & need to do some PLC programming to make it operate.

@Stockiss I also hope all the investor here pay more attention to the announcement and please read all the content carefully as there's always a hints inside it.

Now everything already in place, we just wait the final barricade to be removed tomorrow and AT are set to move.

@imignorant it's norm in this counter, controlling price before next PP is obvious reasons.

@UMNO57 si menort tu stock sebiji 0.008 pun takde, manalah layak nak join EGM.

V shape recovery, hold tight everyone

@starload tbh i do not have any ticket in GOCEAN as of today but by looking at the TA charts both AT & GOCEAN are having similar trends. so invest with your due diligent

I really dont understand why those who invested in AT still having doubts and making noise in this thread about the share price.

All the information above still not clear to convinced AT is a great future ahead?

If we feel AT is wrong investment counter then cut lost now and move on. But if we feel this is a good investment then please let the Directors do their work and let them carry out all necessary procedures as part of compliant.

Not to forget about Ripcol Industrial, they are the Glove dipping line supplier & provide engineering solution to Glove industries and AT already acquired their land and I dont rule out the possibility they will be acquired by AT in near future.

Remember this from AT announcement?

2.2 Details of the Gloves Business

In addition to the Acquisition of PGSB which was announced on 26 June 2020, the Group intends to carry out the following business activities:-

(ii) Manufacture and Sale of Machines for Glove Industry
To further capitalise on the long-term growth of the rubber gloves industry, the Group also plans to venture into the provision of design, engineering and technology works, fabrication as well as installation of machines for the manufacture of gloves and other rubber related products in the medium term (i.e. within 2 – 3 years).
The manufacturing of the glove-dipping lines is an extension of the Group’s current core business of fabrication of industrial machines and parts and in furtherance to the venture into the Manufacture and Sale of Rubber Gloves.

AT denied on 4th Aug, Green Ocean announce on 1st Sept about diversification to glove. Mak Siew Wei are the Executive Director for both AT & Green Ocean.

no surprise will be acquisition or merging or other JV for both AT & Green Ocean in future.

sure denied as it will jeopardize all the plans

old news but it's a good refresher. Still not clear enough?

-----------
https://www.nst.com.my/business/2020/08/613796/malaysias-glove-sector-gets-merrier-three-listed-firms-form-glove-making


"The two firms confirmed in the tripartite partnership are Green Ocean Corp Bhd and AT Systematization Bhd, while the third party is believed to be Kossan Rubber Industries Bhd."


"A combination of AT Systematization's engineering skill set, Kossan's production know-how and the ideal location controlled by Green Ocean in Klang being the triumvirate could collectively propel both AT Systematization and Green Ocean into the realms of the likes of HLT Global Bhd and Careplus Group Bhd," said the analyst.

actually i really salute many of you here continuously educate the preprogrammed AI (menort) from posting to reading hahaha.

if Mr Mak are reading the posting here and wondering why this menort keep going to every thread positive negative comment on all the company he involve probably he can recall who he sacked in the past hahahaha

Let them complete the proper process & always believe in your own investment. EGM is on 15th Sept once the voting to acquired PG gain majority on 15th Sept 2nd half AT price will move.

Stay calm, be patient. Stock market is a place where money transfer from impatient to patient

rock solid AT...good or bad? hahaha.

1.41 right? ok see u all there lol

nice move

today closing 2.020 haha

hahaha need charcoal

2nd half start, good luck everyone

tough time for contra trader, those with good holding power will sustained.

Btw, AT recovered from 0.075 back to 0.085 in short period of time. Being a tanker counter all this while and come to current situation it shows their strength.

@angelinvestor9898 at first im abit skeptical about your prediction hahaha and now seems you have good vision. Happy to see you here and envy u have a very good source as well haha

@investisthekey AI dun read message, it's only programmed to post message

@KY1960 @liverfool just ignore that A.I as it it was pre-programmed to do the same things everyday with multiple different userID. I always skips the posting

haha

why worry on things we shouldnt for now? let the EGM complete first then only decide your next move.

Cut lost in this counter wont cost u a fortune, missed the chance to buy cheap will definitely cost you a fortune.

Here's the extract from announcement

Rationale and Prospect

The Acquisition is consistent with the Group’s strategy to enhance its core businesses in the design and manufacture of precision components, fabricate precision tools etc. for use in precision engineering applications.

As the Group is primarily serving the customers
from the semiconductor industries, the Acquisition will allow the Group to further improve its prospects in the semiconductor segment via leveraging on AEMHB’s strength and expertise in the manufacturing of printed circuit board segment, coupled with AEMHB’s existing business presence in Thailand.

The Acquisition is also expected to allow the Group to benefit from economies of scale and create synergies through collaboration and sharing of technical expertise between the Group and AEMHB, with an aim to enhance the Group’s financial performance and shareholders’ value.

PCB
China are controlling majority of PCB globally & with current tension between US & China i dont rule out US might look for alternative country PCB maker

Electronic & Telecommunication
New smartphone iphone? 5G? all those has been in the tech talk recently, perhaps they see some opportunity there

Ink Cartridge
I have no clue hahahaha

Perhaps Bursa mainboard is what they're looking for?? hahaha

Maybe these are the 3 things they looking at:

1) Manufacture and sale of Printed Circuit Board (“PCB”) and related products

2) Sourcing and reselling of the PCB and related products, electronic and telecommunication components

3) Manufacture of cartridge ink and related products.

About AE Multi Holdings Berhad

AE Multi Holdings Berhad (“AEM”) is a public limited company, incorporated and domiciled in Malaysia and is listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).

The principal activities of AEM consist of investment holding and the provision of management services to its group of companies. While the principal activities of its subsidiaries primarily engaged in:-
manufacture and sale of Printed Circuit Board (“PCB”) and related products;
sourcing and reselling of the PCB and related products, electronic and telecommunication components; and
manufacture of cartridge ink and related products.
The Group was one of the pioneers in the manufacturing of single-sided PCB in Malaysia when it commenced its operation in 1990. Technical knowledge and expertise were provided by one of its founders and current Executive Chairman, Mr. Yang Wu-Hsiung. The Group set up its first manufacturing plant in Sungai Petani, Kedah Darul Aman. Subsequently in 1999, the Group expanded its production facilities to Thailand to set up its second manufacturing plant in the Bangpoo Industrial Estate located in Samutprakarn, Bangkok, Thailand.

@liverfool i missed the chance to grab 0.085, do u manage to grab some?

just now drop till 0.085 hahaha

@boonkeng16 i think your entry point pretty good during few months back at least still see positive figure in ur portfolio haha

every week approx 2-3 announcement company venture into glove but please always read the full contents of every announcement. Some are even said will materialize end 2021, some will start mid 2021.

haha AT at their own way, regardless market up or down they still the same range

hahaha fingers crossed, i also hope not another delay news

hahaha come back again 10 days later