MTAG GROUP BERHAD

KLSE (MYR): MTAG (0213)

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Last Price

0.455

Today's Change

+0.005 (1.11%)

Day's Change

0.445 - 0.455

Trading Volume

280,100


2 people like this.

3,998 comment(s). Last comment by investortrader88 1 week ago

Posted by Stanley Chong > 2021-10-08 09:55 | Report Abuse

Liao .700 sen coming

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2021-10-08 09:55 | Report Abuse

Ini kali lah..

Superb99

6,577 posts

Posted by Superb99 > 2021-10-08 11:10 | Report Abuse

1 day show only, u see the selling volume today...very high

Posted by Newbiexxxxxxxxx > 2021-10-08 11:38 | Report Abuse

Short term happiness

Superb99

6,577 posts

Posted by Superb99 > 2021-10-08 11:49 | Report Abuse

another lao qian counter

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2021-10-08 13:56 | Report Abuse

Come on la..waited 3 months already since 14/7..at least 30% la

Superb99

6,577 posts

Posted by Superb99 > 2021-10-08 14:00 | Report Abuse

u want this counter up 30%...lol...not easy

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2021-10-11 21:42 | Report Abuse

Ini kali lah part 17

Financier

107 posts

Posted by Financier > 2021-10-13 12:22 | Report Abuse

Cash rich company. Management should plan diversification instead of putting it in fixed deposit. Utilise the IPO proceeds.

Posted by KingKong_Doll > 2021-10-18 12:03 | Report Abuse

The money is to buy land and build factory la. Till now still no new factory and manufacturing. That why cash rich. If not mistaken, they need to spend within 36 months which due next year. Not sure which month la...but i think soon la. Unless the request bursa for extension.

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2021-10-18 16:24 | Report Abuse

Ini kali lah part 18

RRWin89

503 posts

Posted by RRWin89 > 2021-10-20 08:20 | Report Abuse

ppl always buy when its too late. hehe. That said, I believe MTAG will shine in next few weeks.

Posted by KingKong_Doll > 2021-10-20 08:23 | Report Abuse

chart wise, banyak nice oh......more to come?

Posted by Kon Lim Chai > 2021-10-23 07:20 | Report Abuse

Pekat

Chillo

12 posts

Posted by Chillo > 2021-11-17 08:41 | Report Abuse

revenue and profit is stable and very good profit margin, good free cash flow. However, 2 years post IPO, plan was to buy land and expand, until now no land has been identified even, no reason given. Why is management so layback?

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2021-11-17 11:34 | Report Abuse

ATAIMS effect..yesterday TP first jump other counter.

sychern

114 posts

Posted by sychern > 2021-11-20 23:57 | Report Abuse

@Chillo Unsuitable land was identified. Waiting court case on end of Nov to get back deposit...

Sneakpeek

2,199 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

114 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

3,147 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

114 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

2,366 posts

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

Mtag also kena cuci

kevcha66

119 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

2,199 posts

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

30c i enter again.

Sneakpeek

2,199 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

774 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

3,147 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

3,147 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

158 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

158 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

158 posts

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

Filters for Disposable Surgical Masks

icst1975

158 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

114 posts

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

Waiting for announcement from board mtag...

Hotstuff

3,147 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

3,147 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

3,147 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

3,147 posts

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

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

Citadel666

531 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

531 posts

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

byebye mtag

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