this is bad..all the related penny counter under umbrella of fintech global such as kgroup, vsolar, xox, PDZ, trive prop , DGB Asia, etc.. are within range 6sen to 2 sen with ESOS, PP pumped in..so i think AT will be in this range for a very long long time like zombie company ..worst case it can drop to 3 sen & back 6 sen after 6 or 9 months later...this is terrible for retailer investors..who bought 7 sen above.. those can cut loss do so if reach at 7 or 8 sen. but in long term looks bleak for AT, not because glove venture or their business in precision machining , but amount of issued shares too much..for a company that making loss for since 3 years straight based on yearly performance.
I sold my last balance of shares at 40% loss after AT added more ESOS 100million more . I believe the price will hit 5 sen and maybe to 4.5 sen, where it started last year in earlier Feb 2020. Although there is highest probability going for consolidation 10:1 in the near future , i will still make a loss if....... i dont do averaging on the price to 5 or 4 sen, which i need fork-out more funds, which , AT is expecting us to do so. Forget it, i had it enough with their bull...sh;;, manipulating the share prices.
Aih what to say. This happened is totally due to greedy investors. Sekali all in few hundred k la, Millions la. Sapu their shares like no tomorrow. Good la bankers wishes this and you guys feed them enough.
If no greedy investors sapu their shares like no tomorrow, you think AT price will become this now? Think back what you guys(greedy investors) have done.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe
14,892 posts
Posted by DickyMe > 2021-07-27 17:30 | Report Abuse
ESOS, SiS, Rights issue, Warrants are get rich quick scheme but not for small shareholders.