With Hugh amount of cash holdings and good management teams, there is nothing to stop it from the success in starting the Glove manufacturing business..

Mah Sing is a reputable company, with RM 1,134 millions cash plus sukuk RM 100 millions, Current Ratio is 3.4 times, NTA is RM 1.40 per share...

anthonytkh, thank you for sharing, new TP of RM 1.28 is rather conservative, once it starts glove production in 2nd quarter 2021 and eventually becomes the largest glove producer with the same ranking of Top Glove, Hartalega and Supermax, the TP will be higher and higher..

menort, can you provide new fresh opinion or remarks instead using the same article all the time, no heart feeling...

In good times, he always said he loves and take good care of his employees, after getting billions dividend money from AirAsia, suddenly company is facing cash flow problem, he immediately blame everything and everyone except himself,... Why he doesn't care anymore about his so called loving employees... He is hypocrite and opportunists... Very sad...

Somewhere very safe but he is willing to make his employees jobless and he remains as CEO of AirAsia...

Presently there is a white Knight to bail out AirAsia, it is Mr. Tony himself, but he intend to keep his billions dividend money safely somewhere...

They are not like those super penny company every now and then giving fake news on health care business like vaccine, gloves, face masks and PPE products...

One thing is sure, that Mah Sing is a reputable company locally and internationally, so they will not create rumours and give empty promises to the share holders and retailers...

It is still preliminary stage as they have to install the equipment, buying raw materials, employ around 600 staff and get approval from all the relevant authorities.

Besides, RM 1,134 millions in hands, another RM 100 millions sukuk will be in hands to start building the Glove business in next month in a rented factory..

Now, be patient is the game..

StockHunters, even it go up 1000 % at RM 0.70, many buyers will laugh all the way to the banks..

Mah Sing is a reputable company and is cash rich with more than RM 1,134 millions cash in hands, no problem of starting a glove manufacturing business...

Once private placement shares are completed and PGSB deal is done and Chemor plant proceed smoothly, I am sure AT shares will reach RM 0.19 soon, it may even break up strongly...

But this time is different, because of 796 millions private placement shares to be issued and PGSB deal is also hanging, we have to wait and see...

liverfool, I also remember AT went up RM 0.19 then down to RM 0.07, again went up RM 0.17 then down to RM 0.07 again..

Remember Careplus was only around 20 sens before March 2020 , now the price rocketed more than RM 3.70 now...

Even the PGSB deal and Chemor plant project are completed, the return profit will start to come in in the year 2021...

Mia Jalipah, let AT complete the remaining 396 millions Private placement shares issuing and with all cash proceeds raised from the private placement shares and Esos, it will definitely go up again like before...

Ask yourself why Fintec bought 28 % of AT shares and still not the largest shareholder, and why everyday buyers willing to buy all the shares sold at RM 0.07...

liverfool, you will be handsomely rewarded if hold this counter for some time unless AT suddenly cancel all the gloves plans, just monitor it on daily basis..

Even the price went up 1000 %, it is only RM 0.70, still the cheapest gloves counter listed...

AT will be officially a upcoming gloves manufacturers star by the end of the year 2020...

Once the RM 0.07 sellers depleted, you can only buy higher price and also the private investors have to subscribe for higher price when next month PGSB and Chemor plant are completed...

Besides Covid-19 due to human way of life...

The export business in Glove business will remain good even vaccine is found because other types of viruses can occurs anywhere anytime...

Even big construction companied like Mah Sing and VIZIONE wanted to go into Glove business, it means AT management is very wise and only early birds get the worms...

Why everyone complaining about the AT price at RM 0.07 is expensive when other newly diversified gloves manufacturers are 5 to 10 more expensive... companies

Where you can find a new venture company diversified into Glove business so cheap, even VIZIONE price now is RM 0.42 and Mah Sing price is RM 0.75 now...

Guys, Mah Sing just announced diversification into Glove business, the share price is around RM 0.75,which is 10 times the price of AT, so tycoon buying up all AT shares at the price of RM 0.07 is a very wise choice...

Azmin Ali, advisor to the new government..

Can Muyhidin, PAS and Anwar join hands to form new government with Muyhidin as new PM, Anwar and Hadi both deputy PM...

Many tycoon friends started collecting AT shares and ensure it is below 5%, then it is not mandatory to inform any one, they can cooperative and joins all shares together one day and becomes largest shareholder, it is possible to control AT....

Guys, finally the balance 30 million shares of the 2nd batch of the 230 millions private placement shares will be listed today, it is a great chance for the tycoon to collect another 30 millions shares at the price of RM 0.07 and this extra shares will make him one more step to emerged as the largest shareholder in AT...

Guys, our Agong already announced no meeting with any political party for two weeks and the strong support for Anwar will be gone by then, take profit first and wait and see...

For so many days, why the share prices of AT cannot go up because tycoon is happily buying at low cost price...

Once tycoon take over the company as the largest shareholder, then all the PP and Esos funding money will be under his discretion because he is a new boss..

Tycoon knows the AT management or Fintec will not sell him the share holdings and now is the opportunity to buy from open market as too many Private placement and Esos is going on to raise cash..

He will then keep the listing status and once the Glove business start to make money, he will recoup all his investment three to four times the price he paid to take over...

He will ask to pay less than RM 0.07 as he is the largest shareholder and he knows no one will accept as AT will becomes a glove manufacturing company..

Buying up all AT shares at around RM 0.07 is relatively cheap and will not cause the tycoon too much money to take over a glove manufacturing company...

Tycoon needs to accumulate a lot of shares from open market, buying up PP and Esos shares, when the right time comes, he just announced mandatory take over the company on so and so price, and promise the company will remain listed...

Nowadays so many listed companies has been taking over by individual tycoons like today AIM, so tomorrow can be AT, no surprise...

When something bad happens to AirAsia, he wants Finance Ministry to contribute money or better still all Malaysian should contribute money to bail out AirAsia and AAX and he did not even contribute his money to salvage his company and his only way to remains as CEO is to sack his employees....

As a responsible CEO, he should approved normal dividend to shareholders and at least RM 2 to 3 billions as reserve to counter any unforeseen circumstances, so he has totally mismanaged AirAsia and AAX and he remains as the richest man in Asia, disregard whether AirAsia and AAX will shut down or not...

During the good time on 2018 and 2019, he should not be so greedy and paid a total of RM 1.30 special dividend to himself and other shareholders...

So if Mr. Tony couldn't bailout AirAsia and AAX and closed down , then Firefly can also taking over the route of the AAX and AirAsia..

Khazanah have announced Firefly could become Malaysian National Airline incase Malaysian Airline is inslovant

Mr. Tony should ask help from Japan due to fake news from Nikkei news and America due to fake news from Bloomberg...