any good news push to RM1 ?

https://www.facebook.com/atgroupmy/

it's not the price. hopefully, New production line can let AT business get more and more. gd luck guys.

nothing happen today. seem like just a huge share transfer last friday.

look good. hopefully, we have a good news from AT. to get more contracts or Rieter’s project start

there is one thing i worry. director don't have acquired AT share.

above info from AT Annual Report 2019.

Recognising that the Group may be susceptible to concentration risk in terms of its dependency on certain key industries and key customer, the management of the Group is continuously seeking to increase its customer base by expanding the scope of solutions as well as the range of products that it can offer. Amongst others, the signing of the New Basic Purchase Agreement allows the Group to supply high precision machine components directly to Rieter in textile industry. The Group is also confident to attract more diversified customer as we start providing sheet metal fabrication services.

In the last financial year, the Group through its 100% fabrication unit - ATP has obtained the ISO 13485 certification, enabling the Group to be a certified contract manufacture of endoscope and endoscopy accessories metal parts. The Group is proud to share that in FY2019, the Group has successfully obtained renewed version of ISO 13485: 2016. This represents our commitment to comply with industry’s latest standards for quality. As part of our efforts to further penetrate into medical or health care industry, the Group start producing fabrication orders for 2 additional new medical customers in FY2019.

Rieter’s entry into the New BPA directly with the Group despite FEM’s exit also signifies Rieter’s willingness to continue purchasing high precision machine components manufactured by the Group. In turn, this represents Rieter’s acknowledgement and confidence in the Group’s ability to manufacture and deliver the products up to the quality and standards that are expected by Rieter. Under the New BPA, Rieter’s forecasted annual requirement of high precision machine components translates into a projected annual sales figure of USD2.6 million (approximately RM10.8 million).

price 0.395, PE 5.27 , NTA 0.944, Price to book 0.43... construction segment order book 340mil can sustain profit, its undervalue now. wait to break 0.4

Any news from AGM today?

yes, factory ready. production line ready...hopefully, order get green line to start...

this topic talk few years liao. the problem is when can start the project...

The Group has recently signed agreement with Rieter Group and the Group is
anticipating a consistent stream of orders for high precision machine components from
Rieter over the next few years to support Rieter’s supply chain requirements. In view
of this, coupled with Rieter’s size and standing in the textile industry, the Group’s
strategic business relationship with Rieter is expected to augur well for the future
prospects and earnings of the Group.