onionchong

onionchong | Joined since 2020-05-29

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Stock

2020-11-16 18:28 | Report Abuse

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.

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2020-11-16 18:04 | Report Abuse

@JoyOhi READ THE FULL REPORT LA smh

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2020-11-16 18:02 | Report Abuse

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

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2020-11-14 09:37 | Report Abuse

Right.. wish you achieve your tp. good luck

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2020-11-14 09:23 | Report Abuse

@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

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2020-11-14 09:21 | Report Abuse

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

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2020-11-12 21:16 | Report Abuse

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

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2020-11-11 23:21 | Report Abuse

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

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2020-11-11 23:14 | Report Abuse

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.

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2020-11-11 23:11 | Report Abuse

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??

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2020-11-11 22:51 | Report Abuse

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.

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2020-11-09 21:35 | Report Abuse

Penny stock theme in coming days. Sit tight

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2020-11-09 21:34 | Report Abuse

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

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2020-11-09 19:17 | Report Abuse

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

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2020-11-06 14:13 | Report Abuse

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

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2020-11-06 14:08 | Report Abuse

Yes this counter is severely undervalued.

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2020-11-06 14:01 | Report Abuse

Should change your name to "ConYou-ing".

Thanks

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2020-10-22 20:24 | Report Abuse

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

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2020-10-22 17:01 | Report Abuse

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

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2020-10-21 14:28 | Report Abuse

stupid company, weak management

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2020-10-20 22:37 | Report Abuse

Stuck too. No choice but to wait =.=

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2020-10-20 15:16 | Report Abuse

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

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2020-10-20 10:02 | Report Abuse

When announce venture into glove business? woi

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2020-10-19 20:01 | Report Abuse

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

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2020-10-12 22:26 | Report Abuse

limit down? what??

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2020-10-06 17:40 | Report Abuse

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

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2020-10-01 11:05 | Report Abuse

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

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2020-09-10 22:59 | Report Abuse

waiting to enter @ rm4

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2020-09-10 22:58 | Report Abuse

good fundamentals nonid scare la

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2020-09-10 22:58 | Report Abuse

good fundamentals nonid scare la

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2020-09-07 22:49 | Report Abuse

queuing at rm1.0. Hopefully can enter tmr

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2020-09-07 22:48 | Report Abuse

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

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2020-09-07 22:48 | Report Abuse

No surprise here. Dont think will fly tmr

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2020-09-07 21:40 | Report Abuse

This counter very dead. u want to enter meh

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2020-09-06 18:01 | Report Abuse

Good fundamental company noneed scare la

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2020-09-06 17:47 | Report Abuse

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.

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2020-09-06 17:42 | Report Abuse

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.

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2020-09-05 21:58 | Report Abuse

@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

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2020-09-05 12:04 | Report Abuse

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.

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2020-09-01 21:13 | Report Abuse

retreated......

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2020-08-27 15:04 | Report Abuse

Stupid one-hour show company lol

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2020-08-25 20:53 | Report Abuse

kwsp continue hoot 9 e

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2020-08-24 17:40 | Report Abuse

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

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2020-08-19 20:40 | Report Abuse

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

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2020-08-15 10:38 | Report Abuse

Wait to enter again at 0.65

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2020-08-15 10:32 | Report Abuse

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.

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2020-08-12 21:55 | Report Abuse

Mahsing very stable, hold for long time also no issue

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2020-08-11 22:45 | Report Abuse

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

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2020-08-11 18:21 | Report Abuse

Gold price increase:

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

As simple as that.

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2020-08-11 18:05 | Report Abuse

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?