MTAG GROUP BERHAD

KLSE (MYR): MTAG (0213)

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Last Price

0.455

Today's Change

0.00 (0.00%)

Day's Change

0.45 - 0.46

Trading Volume

96,500


2 people like this.

3,817 comment(s). Last comment by songjoseph 2 weeks ago

Sneakpeek

2,169 posts

Posted by Sneakpeek > 2021-11-23 15:21 | Report Abuse

ATAIMS incurred loss and share price waterfall so can expect less revenue upcoming QR?

kimcj11

1 posts

Posted by kimcj11 > 2021-11-24 10:24 | Report Abuse

anyone can share about the agm today ?

sychern

94 posts

Posted by sychern > 2021-11-24 18:59 | Report Abuse

Qr not bad

elmo888

153 posts

Posted by elmo888 > 2021-11-24 19:24 | Report Abuse

During the Full MCO (FMCO) since 28 May 2021, the Group’s factory was allowed to operate at 60%
capacity. The Group continued to abide by Ministry of International Trade and Industry (MITI)’s
directives to ensure regular sanitization of premises, Covid-19 test screening and shall adhere to the
quarantine period recommended by MOH (if required), to mitigate the risk of contamination of its
plant from Covid-19 disease. The Group resumed operation at normalcy since 1 October 2021.
Although the Group experienced disruptions, there were no job losses or salary adjustments due to
Covid-19 despite the challenging economic climate.
The Group is mindful of the risk of Covid-19 disruption and global supply chains issue. With the rising
vaccination rate, improving consumer sentiment and business outlook, the Board remain optimistic
that the Group’s performance will regain some momentum towards the end of the year. The Group
has maintained a healthy balance sheet and sufficient liquidity position facing the challenges ahead.
The Group has cash and bank balances and fixed deposits amounting to RM128.2 million and zero
borrowings as of 30 September 2021.
The Board and management expect the situation to remain challenging for year 2022 depending on
the scale and length of the Covid-19 pandemic and government policy in managing the pandemic.
Despite all uncertainties arising from the current Covid-19 pandemic, the Group is confident that it
will continue to be profitable

elmo888

153 posts

Posted by elmo888 > 2021-11-24 19:24 | Report Abuse

The Group
has maintained a healthy balance sheet and sufficient liquidity position facing the challenges ahead.
The Group has cash and bank balances and fixed deposits amounting to RM128.2 million and zero
borrowings as of 30 September 2021.

Hotstuff

2,531 posts

Posted by Hotstuff > 2021-11-25 12:56 | Report Abuse

Dyson contribute 80% of ATAIMS revenue whereas ATAIMS contribute 60% of MTAG revenue. 0.30 is the fair value without contribution from ATAIMS

sychern

94 posts

Posted by sychern > 2021-11-25 15:22 | Report Abuse

Yes, if Dyson do that then not much impact to mtag

RRWin89

503 posts

Posted by RRWin89 > 2021-11-25 16:23 | Report Abuse

panic sell only

amateurJR

2,254 posts

Posted by amateurJR > 2021-11-25 16:24 | Report Abuse

Mtag also kena cuci

kevcha66

104 posts

Posted by kevcha66 > 2021-11-25 16:52 | Report Abuse

dropping

vol312

17 posts

Posted by vol312 > 2021-11-25 19:44 | Report Abuse

rubbish stock already this one better cut loss

Sneakpeek

2,169 posts

Posted by Sneakpeek > 2021-11-25 20:53 | Report Abuse

30c i enter again.

Sneakpeek

2,169 posts

Posted by Sneakpeek > 2021-11-25 22:02 | Report Abuse

So many drama in bursa now..from SD SCIB scandal to supermax CBP / NHS issue now ATAIMS pulak..hopefully my counters steer away from all these risk.

RRWin89

503 posts

Posted by RRWin89 > 2021-11-25 23:28 | Report Abuse

ya so sick of klse. so many unnecessary drama. win 1, lose 10. haha.

witan

738 posts

Posted by witan > 2021-11-26 00:03 | Report Abuse

MTAG supply to SKP and VS as well not just ATAIMS. So if Dyson terminate their contract and move their order to SKP or VS, MTAG will also benefit. So in all, no difference for MTAG.
Knee jerk reaction.

Hotstuff

2,531 posts

Posted by Hotstuff > 2021-11-26 08:48 | Report Abuse

SKP & VS already engaged with their own suppliers, only less than 10% is given to MTAG which is relatively tiny revenue compare to ATAIMS. the fact is ATAIMS is losing the big client and thus MTAG is losing its 60% of total revenue from ATAIMS. do the math...half of the sales gone...what about the share price?

Hotstuff

2,531 posts

Posted by Hotstuff > 2021-11-26 08:49 | Report Abuse

yu have the chance to run just like most ATAIMS have the chance to run before the confirmed news announced. dont take the risk...

icst1975

141 posts

Posted by icst1975 > 2021-11-26 13:22 | Report Abuse

According to Jaw Place Research, JABCO Filter is the biggest customer of MTAG in the business segment of Mesh Filter Converting . However, JABCO is unlikely supplying to Dyson.This is because the business services & activities provided by JABCO (see Jabco website) are as described below. JABCO is mainly supporting the Health Care Industry in area of PPE (personal protection equipments).

JABCO's business services and activities): "To Carry On Business Of And To Act As Manufacturer,Marketers,Importers,Exporters,Retailers,Buyers,Sellers,Distributors Of And Dealers In Disposable Surgical Masks And Medical Devices,Lab Apparels,Wipes And In All Kind Of Descriptions For Diagnostic Centers,Hospitals,Nursing Homes,Laboratories Pharmacies And Any Other Health Care, Life Cares,Centers"

icst1975

141 posts

Posted by icst1975 > 2021-11-26 13:33 | Report Abuse

MTAG converting services for ATAIM which are linked to Dyson is about RM8m out of MTAG revenue of RM190m (2019) or about 4.2% only.

cashonhand

577 posts

Posted by cashonhand > 2021-11-26 13:47 | Report Abuse

Jabco Filter System Sdn. Bhd.* Malaysia Manufacturing and sales of air filters and sterilizers for Dyson I guess

cashonhand

577 posts

Posted by cashonhand > 2021-11-26 14:03 | Report Abuse

Filter media and mesh revenue 90,268,183 out of total 166,128,593 from AR 2020 almost 55%

icst1975

141 posts

Posted by icst1975 > 2021-11-26 14:05 | Report Abuse

Filters for Disposable Surgical Masks

icst1975

141 posts

Posted by icst1975 > 2021-11-26 14:22 | Report Abuse

Dyson is discontinuing service provided by ATAIM (June 2022).
JABCO Filter is a separate company. Although it may have common shareholders as ATAIM. its contract service to Dyson (if any) should not be affected because of their common shareholders.

kriss990

47 posts

Posted by kriss990 > 2021-11-26 15:17 | Report Abuse

MTAG still have biz from VS and Skpress... panic sell is real...

sychern

94 posts

Posted by sychern > 2021-11-26 15:31 | Report Abuse

Waiting for announcement from board mtag...

Hotstuff

2,531 posts

Posted by Hotstuff > 2021-11-26 17:03 | Report Abuse

Jabco supply all kind of mesh filter including filter for hair dryer, vacuum etc. and stop saying MTAG still have business with VS

Hotstuff

2,531 posts

Posted by Hotstuff > 2021-11-26 17:04 | Report Abuse

MTAG supply to Jabco. Jabco supply to ATA Industrial (both are under same group but different segment)

Hotstuff

2,531 posts

Posted by Hotstuff > 2021-11-26 17:05 | Report Abuse

60% revenue gone! means share price will be 60% discount which is worth only 0.24

Hotstuff

2,531 posts

Posted by Hotstuff > 2021-11-26 17:06 | Report Abuse

look at the share price! it tells you the whole story

Citadel666

513 posts

Posted by Citadel666 > 2021-11-26 17:15 | Report Abuse

this correction in tech is long overdue , so pricey

RRWin89

503 posts

Posted by RRWin89 > 2021-11-26 17:43 | Report Abuse

copy paste copy paste

Citadel666

513 posts

Posted by Citadel666 > 2021-11-26 17:47 | Report Abuse

byebye mtag

sychern

94 posts

Posted by sychern > 2021-11-27 18:47 | Report Abuse

Mtag good for long term investor

Justin328

474 posts

Posted by Justin328 > 2021-11-27 20:58 | Report Abuse

https://www.theedgemarkets.com/article/good-earnings-prospects-expected-mtag

Approximately 80% of MTAG’s revenue is contributed by electronics manufacturing services companies, namely ATA IMS Bhd, VS Industry Bhd and SKP Resources Bhd, which serve an indirect key customer.

Justin328

474 posts

Posted by Justin328 > 2021-11-27 20:59 | Report Abuse

better wait first......

sychern

94 posts

Posted by sychern > 2021-11-27 23:58 | Report Abuse

I saw mtag 2020 AR, major customer contributed 48.7% revenue.

sychern

94 posts

Posted by sychern > 2021-11-27 23:58 | Report Abuse

Can mtag sell products to other ems?

Dangel

415 posts

Posted by Dangel > 2021-11-28 15:02 | Report Abuse

Time to accumulate!

sychern

94 posts

Posted by sychern > 2021-11-30 09:34 | Report Abuse

@Hotstuff I still waiting 0.24. When can I buy it??

thesteward

6,593 posts

Posted by thesteward > 2021-12-15 15:21 | Report Abuse

If can break 535 could be v nice

Posted by investortrader88 > 2022-01-25 15:44 | Report Abuse

Managed to.get some tickets at RM0.50.good luck guys

Posted by Philip ( buy what you understand) > 2022-02-23 17:25 | Report Abuse

How is the dividend sustainable?

sychern

94 posts

Posted by sychern > 2022-02-23 21:03 | Report Abuse

Dividend stable throughout years. Expected dividend to be maintained on June this year.

lcng123

1,004 posts

Posted by lcng123 > 2022-03-15 22:48 | Report Abuse

3sen dividend every year. at current price 45sen, dividend yield 6.67%, better than EPF

Posted by john2633 > 2022-05-24 17:22 | Report Abuse

Stable dividend

sychern

94 posts

Posted by sychern > 2 months ago | Report Abuse

Shariah again

sychern

94 posts

Posted by sychern > 1 month ago | Report Abuse

M+ Online Technical Focus - 3Aug22
MTAG Group Bhd: Improving production efficiency

Trading Catalyst
• Leading labels and stickers printing and materials converting specialist in Malaysia with more than 600 customers, mainly in Malaysia.
• Acquisition of the fully digital press printing machine that generates high-quality colour output at highspeed printing in August 2021 bodes well to improve production efficiency.
• Prospective dividend yields at 6.1% and 8.2% for FY22f and FY23f respectively are also fairly attractive.
• Technically, traders may anticipate for a potential short-term breakout above RM0.49 to target the next resistances at RM0.52-0.54 with long term target set at RM0.56.

Technical View

(i) MTAG (S: RM0.445, R: RM0.52-0.54, LT TP: RM0.56, CL: RM0.44)

S: Support, R: Resistance, LT TP: Long term target price, CL: Cut loss

Source: Bloomberg, M+ Online

songjoseph

217 posts

Posted by songjoseph > 2 weeks ago | Report Abuse

2021-12-19
大马股票 | 丰山集团 | MTAG | 从零开始了解丰山集团EP.01 - 少爷兵

ni olang sudah tutup kedai kah ?? baru 1 eps sudah silent

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