Assuming full year EPS of 80 sen,
If PE of 5x, share price = RM4.00 (TP1)
If PE of 10x, share price = RM8.00 (TP2)

Guys, if this is still not enough to convince you, I dont know what else to say.

@JoyOhi READ THE FULL REPORT LA smh

If history repeat itself, Open > Gap down/sink by alot > Slowly recover. Limit up scenario is unlikely.

Right.. wish you achieve your tp. good luck

@MadCow75 Anyone of those companies that you mentioned has much better fundamentals compared to AT. The only difference is those companies did not invite uncle to their factory. Ikan bilis being ikan bilis, smh

Funny to know many people has higher confidence on AT rather than Mashing.

Yes fundamental wise it's a good company. Undervalued. Too bad i sold edi months ago. Congrats to those who are still holding

@face, go check their financials, they can't even perform in their core business. Venture what la.

Brother @JK22, I supported established glove counters like supermx tg comfort etc. So-called "glove" counter like AT, I wont buy even if the price is 0.005.

Brother @nklye, you newbie ah? Where can compare share price like that?
Mahsing market cap only about 3x higher than AT, yet its revenue is about 80x higher, and total equity about 50x higher. So, you tell me, AT overvalued or not??

This shitty company worth RM878mil???

1) Has their glove obtained FDA & international certifications? Now that their acquisition of Pearl glove has failed, how are they going to obtain the said licenses?
2) Are there any committed minimum orders from LKL for their gloves? (No)
3) Any guarantee whether the company can deliver its promise to install and operate all their glove dipping lines by mid-2021? (No)
4) How are they going to compete against the big players? They got no track record, no licenses, no proven products, no capital, no economies of scale.
5) How are they going to survive the oversupply of gloves when all other new players start to produce gloves AND existing manufacturers increase their production capacity?

This counter is owned by group of ppl who are notorious for manipulating share prices. Obviously this whole thing is only a ploy to push up share price. I can foresee that they will find some lame excuses to delay their commencement of glove production until the plan was cancelled. It's so funny to see many ppl here choose to be ignorant, and continue to have high (fake) hopes about this counter with the bad news and shitty financials. How pathetic when your money is stuck inside. Hello, wake up.

Penny stock theme in coming days. Sit tight

Already gave up this counter. Oil fly, this counter never fly. Sometimes might even drop. Now i only hope it reach my entry price, can't wait to sell off this stupid counter

This share standard one la. Buy at 1.38, sell at 1.45. Repeat x10000

NIIS wont be announced any time soon laaaa haiyaaa... Pls think, if govt announce such mega project now instead of pumping money to support the local businesses and employment, what will people think? This is very bad for them to gain election vote in future.

For these few years before Covid when economy is doing good, NIIS was also not announced. Do you think it will be announced anytime soon? Cmon

Yes this counter is severely undervalued.

Should change your name to "ConYou-ing".

Thanks

Q3 will have explosive result due to the acquisition of the company with 2 mega projects in Sitiawan under it. But how share price will perform no one knows

stupid counter keep moving left right. Pls sell before qtr release. After qtr it'll collapse back to 1.80

stupid company, weak management

Stuck too. No choice but to wait =.=

Every time at this moment sure have to ask... anyone trapped?

When announce venture into glove business? woi

will never touch this counter no matter how cheap is the price. Pity those who are at RM1++

limit down? what??

where got vaccine. latest announcement is about diversification into sand business, which already known by public

company buyback share, reduce share floating in market, if got good news then the price increase will be steeper. so it's beneficial to directors also

waiting to enter @ rm4

good fundamentals nonid scare la

good fundamentals nonid scare la

queuing at rm1.0. Hopefully can enter tmr

Not being sour. Too many past examples Supermx, Harta, TG

No surprise here. Dont think will fly tmr

This counter very dead. u want to enter meh

Good fundamental company noneed scare la

Also, having worked in bank for years, I'm confident to say that banks won't force borrowers to vomit the full term loan amount in one go. Instead the bank will work out a new payment term with the borrower to stretch the repayment for multiple years until it is fully settled.

For those who worried, just wait until Ageson announce that they have worked out a payment term with RHB and then the share price will fly.

I'm definitely holding for long term. There are many encouraging signs in this company, decreasing bank borrowings being one of them. The drop in share price last week is caused by a general retrace of global stock market so not a worrying issue.

Anyways nobody knows what will happen tomorrow. Let's see how.

@goodiewilly The term loan is included under current liability of Ageson's book. The quarterly report is on consolidated basis. Brush up your accounting knowledge first

Yes.. looking at the financials i dont think there will be any long term impact on the business. This 21mil is the only borrowing of the company and the company is generating cash quarter after quarter, even during MCO.

On monday maybe there might be panic selling in the morning, but the gap will likely be closed in the 2nd half. Worst case scenario is closing at share price of 0.12-0.125.

retreated......

Stupid one-hour show company lol

kwsp continue hoot 9 e

still managed to achieve positive operating cash flow. But holy shyttttt such gigantic impairment

Obviously another news goreng counter. Cut loss before it's too late

Wait to enter again at 0.65

No JV agreement, no permit, source of funds yet to decide, when start operation also not sure. Obviously the bosses wanna scam us to push up the share price, but their plot was failed because goreng trend is already over. I think now they are more painful than us.

Mahsing very stable, hold for long time also no issue

XDL is the only PPE-related counter im holding right now

Gold price increase:

Mine gold => higher sales price => higher profit
Sell jewelry => higher material cost => lower profit

As simple as that.

A few articles mentioned that myeg is the frontrunner for NIIS contract. But share price doesn't seem to increase by much? Anyone know why?