#sonickid > Sep 22, 2020 1:29 PM :
Now people are saying PGSB deal not as important etc. Don’t forget, most of the people here bought this counter because of PGSB
===================

The outcome of the deal is yet to be officially announced. Anyone can speculate anything he wish but nothing change the fact that PG is no longer the ONLY horse.

Would everyone bought in if the price was 10.00, and not 0.10? None can deny that AT is CHEAP, way ahead & safest bet compared to rest of the Gloves wannabe. How are those high flying Glove Wannabe doing now?

#XIA1234 > Sep 22, 2020 12:52 PM :

menort like to compare apple with orange, just ignore this guy ba
=============================

I can understand very well on his personal grouse for losing some money for his GREED, but I can't help to wonder why he is getting more desperate with his persistent baseless & brainless accusation, especially on PG deal when it's status must be officially announced within days.

=============================
I can only agree the point he standing abt the PGSB, its a valid point but not strong enough because PGSB itself not manufacturing any medical glove and so I don't expect it will bring big effect to AT glove production.

AT acquire PGSB just to have a shortcut to produce medical glove (i.e. the machine and talents in PGSB), so AT no need to employ so many fresh ppl that take times to build the team spirit and momentum to boost the production.
===============================

At the point of PG signing the acquisition deal in early June, PG is the single most critical factor for AT to become glove maker. Thus, even if paying a higher price or tougher term.

But now, AT has built it's stable with 2 horses pulling the cart. It is in better and stronger position to review it's strategy. As you rightfully said, the outcome of PG deal will not bring major impact anymore. It is good to have 2 horse pulling but will still run fine with one horse to reach its destination.

=============================
and the newly acquire interest in AEM that make circuit boards & electronic products, don't u guys think that there will be a venture in making the glove production happens? don' t u guys forget that AT itself have the experience in automation engineering/software in manufacturing.

glove + electronic products + automation

tell me, what's the future of this company.
==============================

Its business diversification proposal include becoming a Glove Machinery Maker. So AEM acquisition is part of the plan and agenda that was approved during EGM. This make perfect business because AT is going to spend more than 200 mil on Prod Machinery & installation, why not own this capability internally?

ERIC > Sep 22, 2020 12:37 PM : shud nt compare AT with big glove... big glove have hit cap and with huge profit, still correction on price.. but for AT, all still questions, using insider news to press the price or press the price to set PP price actually is irresponsible, AT might fly but based on the track record, no one can deny menort prediction wont happen.. whatever done in egm doesnt mean anything. In msia, cost of manipulating a stock too low, fine from bursa even less than one day manupulating profit.
====================

You raised a valid point. AT still in infancy stage with higher risk, thus iot's price at 0.10 level with higher potential to grow. High Risk High Gain but still way ahead and much safer than all other glove wannabe that play on stories only.

No one can predict the future, neither can I nor menort, so I do NOT speculate on things not officially announced yet. Of course, unless he sit in the BOD of AT to make the decision.

Don't think that bigger stock are safer without control and manipulation as some may like to call it. Otherwise, can anyone explain why all the Gloves fall at the same time when Topglove released its better than expected 3QR result? It's just different level with different player.

The penalty is not so much of the fine but the liability, legality and most important is the reputation. Perhaps Bursa appear less stringent than others, but it do has it's regulator.

#menort > Sep 22, 2020 11:51 AM | Report Abuse

AT from 0.195 which a good start to break the 0.20 now became 0.08

Without we realize or not, AT just became a Super Penny Stock. A clear red sign to avoid.

Not many investor interest on Super Penny Stock. Very bad for AT director keep eating until drop to shameful level of Super Penny Stock.

If they maintain the price at 0.195 and make it above 0.20. today probably AT is around 0.40 then once announce PG can become 0.60 after multiple good qr can become Rm1.

But when the price just drop to shameful Super Penny Stock the dream to go above Rm1 is very impossible.

AT is in bad future with no money, loss making, 2.2 billion share issue, and Super Penny Stock.

Now to break 0.20 also impossible for AT. Shame on Ular Mak keep eating money everyday at 0.05 and make investor lose interest and ran away.

=====================

Following your logic, Carepls was peaked at 5.625 should break 10.00 now but why it dropped to 2.XX now? So is this a clear red sign that it is going to become SUPER PENNY STOCK too?

Following your logic too, since AT is everyday dropping 0.05, the price should be 0.000 now since it has been steadily stable at 0.08~0.10 for last 2 months. How about your fav gloves that fallen more than 50% from peak for these 2 months?

#UMNO57 > Sep 22, 2020 8:33 AM :

@nklye,
Menort is doing a great job by cautioning newbie retailers from falling prey into the trap of unscrupulous AT.
=================

All of us must be thankful to menort and gang for scraifising their precious time, effort and pains to keep everyone safe and to save Malaysia Economy. Without them, everyone will be doom. Now everyone can become SUPERMEN-ORT.

===================
If the directors of AT are SINCERE, they could had bought PGSB after gaining the trust of many since the signing of MOU with PGSB.
===================

When did AT announce they are canceled PG deal? Ohh, it is your truly, MENORT assumption. You can continue to ASS-U-but don't add me here.

======================
After getting millions of money from the shareholders since they inked the MOU with PGSB, they bought AEHMB instead of PGSB.
This frustrated many shareholders who had earlier put their trust in AT acquisition of PGSB !
======================

MENORT & gang keep blaming AT price forever stagnant, where the millions came from? Use a little brain la.

Didn't you read the Business Diversification proposal that AT aim to become a Glove Machinery supplier too? AEM acquisition is part of the proposal?

====================
AT price is not influenced by Menort. Rather, the price is being
manipulated by the directors and operators of AT.
====================

MENORT is not that great as he dreamed to be. How much could he influence with his baseless and brainless accusations, but well can't blame those who fallen for his story.

#menort, PLEASE REPLY, DON'T HIDE. Should I post these questions to remind you everyday until you reply?

Why didn't you mention anything about ALL those who are trapped in all the main gloves counters since Aug?

Why didn't you mention that all the main gloves has dropped about 50% from it's peak?

Why didn't you mention that all those who lost 5~-6 figures when all the main gloves keep falling for last few weeks?

Why didn't you accuse all their directors of manipulated control counter?

Which of your big glove counters making money since Aug?

Which of your big glove counters QR profit rose as much as their stock price PE level?

Which of your big glove counters PE level at sustainable level?

https://in.reuters.com/finance/stocks/officer-profile/ATSM.KL/2606941

Dato' Nik Ismail Bin Dato' Nik Yusoff has been Independent Non-Executive Chairman of the Board at AT Systematization Berhad since April 24, 2015.

#KK 20/09/2020 1:00 PM : It is fortunate for us that short selling is not allow as imposed by Bursa Malaysia at this juncture otherwise the IB can easily press down the price by short selling the share with their huge reserved fund . Maybe the short selling factor is overlook by IB when issueing the call warrant as now facing huge losses when the call warrant approaching mature date..without the short selling activity it is not easy to press down the mother share price as you can seen in Top Globe with good earning report and share buyback . Of course they can issue report like Macquring IB downgrade Top Globe at RM 5 but the price just keep upping , majority of the investor will ignore the lousy report issued by this IB. How can you block the rising when smart money keep on flowing to the stock unless you short selling it during rising which is not allow presently?

==========================

You hit it right to the bulleye.

A very simple question is that WHY Topglove fall when its QR report is better than expected and all the rest of the gloves fall sharply with some hit double bottom?

It is very obvious that it required orchestrated actions and sharp fall that trigger panic selling. This scenario likely to continue until when both the mother and son meet a balance. Not to forget most new retailers are the first to dump and panic sell at slightest drop.

https://www.usagold.com/dailyquotes.html

A ten-dollar bill stuck under the mattress in 1971 would have the purchasing power of roughly $1.60 today. The equivalent of $10 in gold (.286 troy ounces) put under the mattress in 1971 would have the purchasing power of almost $565 today (at $1975 per ounce). Over the long term, cash is cold comfort to the saver …… if its comfort at all. That is why Ray Dalio, manager of the largest hedge fund in the world, recently said ‘cash is trash’ and recommended a long term holding in the yellow metal instead. It is not difficult to understand, at the same time, why someone might want to keep a fairly substantial emergency stash of the green stuff nearby under current circumstances.

https://www.wsj.com/articles/why-gold-prices-high-warren-buffet-11597691966#:~:text=The%20price%20of%20gold%20has,are%20on%20the%20rise%20now.

The price of gold has jumped 30% in 2020—outstripping the rally in the technology-heavy Nasdaq Composite Index—in a bull run that began in late 2018 and has gathered momentum during the coronavirus pandemic.

#menort > Sep 20, 2020 4:58 PM :

Now everything make sense right. Try reading PN17 article about all the penny stock link with each other like a syndicate.

===============================

Since you are such a savior, why don't you and your gang report to BURSA and get all the syndicate linked penny stock suspended? Bitching here everyday won't save everyone.

Why didn't EDGE or ANYONE reported how many counters that some politicians & tycoons holding? Don't be surprised if it's in the range of thousands.

============================
This is not healthy to Malaysian economy if all the retailer money was pour into all this syndicate link loss making penny stock.

Imagine this , do we really think all the lose making penny stock company want to give the retailer free money while they are loss making company. Think again.

We Malaysian should group together and help Malaysia economy by not pouring all our retailer money into the syndicate penny stock organization.

If we put money on profit making company like the big 4 glove we are helping the bursa. When big 4 red bursa also red. When we pour our money into all the penny stock it really dont help bursa because all those syndicate eat the money and keep continue become lose making company every quarter.

So to help Malaysia and make bursa healthy stop pouring retailer money into the syndicate link penny stock. We better put out money into rm1 and above profit making counter. The best as Malaysian is to put money on Big 4 glove. The big 4 work hard and make profit every quarter while penny stock just want to get free money from the retailer and keeep posting loss making every quarter which is bad for our economy.
=======================

Which of your big glove counters making money since Aug?

Which of your big glove counters QR profit rose as much as their stock price PE level?

Which of your big glove counters PE level at sustainable level?

=========================

Now many wonder why siddenly they is many sifu, teacher or guru of stock luring many retailer into lose making penny stock. The is a big marketing by the syndicate link penny stock try to eat the retailer money.

Another Surprise Ular Mak also in the syndicate link of penny stock company.

Only put money on company that deserves the retailer money. The company who work hard to make profit every quarter deserve retailer money. win win situation. But company lose making every quarter not deserve free meal. we gain nothing invest on this syndicate link company.

=========================

So SIFU menort, REPLY all my questions and DON'T HIDE, so everyone can start to follow your advise to make money and save Malaysia economy. Sounds like everyone can be Supermenort now.

#menort > Sep 20, 2020 9:29 PM :

ocs5858: Affer went out from AT. I bought careplus at Rm1.29 then i sold all at Rm5.10. Imagine if i still dreaming AT can go above 0.20 and leave the money here and let AT director eat 0.05 everyday? if stuck at AT we will wasting time and lose the big opportunity. How many of us will lose the opportunity if still in AT. AT is 100% manipulated control counter.
===============================

menort, PLEASE REPLY, DON'T HIDE

Why didn't you mention anything about ALL those who are trapped in all the main gloves counters since Aug?

Why didn't you mention that all the main gloves has dropped about 50% from it's peak?

Why didn't you mention that all those who lost 5~-6 figures when all the main gloves keep falling for last few weeks?

Why didn't you accuse all their directors of manipulated control counter?

=======================================
Then it show that AT repeat again did the same trick, up until 0.17 then drop back to 0.085. Still many cant see this manipulation been done by the AT director. Trust me next the most AT can go up is only 0.15 in 15 minutes then drop back price. AT director got the data at what price the majority retailer buy and he will make sure it drop back to that price so that the retailer will not sell their stock. Once he got confirmation the retailer not selling then he will start eating the money at 0.05 everyday until it drop back to the esos price.
=====================

Compare AT chart with the rest of the main glove counter on 11/08/2020 that it rose to 0.17 s, anyone could see that it is market retreat and all counters fall at the same time.

SEE https://nimb.ws/ICxD8i comparing all the gloves together with AT for the last 30 days is showing that AT is out-performing all the rest of gloves counters in terms of % because it's price has been stable vs the rest of the gloves are falling.

You are misleading everyone with your lies and baseless accusations everywhere.

==========================

From here buying a Rm1 and above profit making company seem more better roi compare to AT lose making penny stock every quarter and fake announcement.

==========================

And now there is a an article that show many of penny stock are actually a syndicate link and will make sure they eat all the retailer money. Ular Mak and AT is in the syndicate ring.

Please watch Wolf of Wall Street and can see some pattern of how a syndicate work in stock market.

============================

Don't play with fire if you can't bear the heat.
Don't play stock if you can't afford to lose.

Stop acting like a rotten spoil kid, crying baby for getting trapped at high because of your own GREED.

zoro_roronoa > Sep 20, 2020 11:28 AM :
If you backtrack the earlier post by one of the forumers, u will be able to see the following:

Sep 14, 2020 3:04 PM | Report Abuse

ASIABIO CAPITAL Sdn Bhd
AT : 421,600,000
Komark : 40,880,000
Focus : 509,799,792
Mlab : 75,100,000

A quick check on the QR of FinT will reveal that asiabio capital background. It is a subsidiaryb of FinT.

The current situation can go either way, the mgmt proceed with the glove biz or call off for whatever reason.

If the former is to happen, there will be a new kid on the block. AT will probably working closely with FinT for its announced intention to venture into glove. Someone probably would have knew that FinT plans to start its glove production plan in the same area as AT in perak.

Glove production is about economy of scale.

There are friendly companies e. GreenO, might be working together to source for raw mat, building supply network, marketing etc.

===================================

You get to see the big picture now, the collective volume and strength among the group of related companies that are venturing into gloves would be a substantial player in the market. Imagine its potential if all of them collaborate together under one arm.

=====================================

Not to forget, AT also intend to venture into glove machinery supplies.

AT has been funding the glove venture before PP. It will be great if someone can share how much have they paid for
1) deposit of PGSB acquisition
2) Acquisition of land from Ripcol
3) Glive machinery from Ripcol
4) Hiring of workers
5) Raw Mat
6) Professional fee for glove set

=======================================

It make perfect sense to have your own capability to include glove machinery, so production expansion are all within your control.

Some of the figures are avail thru official announcement thru Bursa, just got to spend time putting them together.

#menort > Sep 19, 2020 5:19 PM :

bee7: My answer is i strongly believe AT will cancel the Pearl Glove acquisition SSA this September. If Extending again the SSA is a sign of irresponsible by the AT director to ride on glove theme.

I made a mistake too when i bought AT at 0.12 then it jump to 0.195. In just a very short amount of time it drop back to 0.145 not even in a day. When it drop from 0.195 to 0.145 i got time sell at 0.155. Since then AT keep repeated issued esos,sis,etc and keep eating at 0.05 everyday and it drop to 0.07.

====================

Oh menort, finally you confirmed your personal grouse on AT as I have suspected all along. Blame your GREED for not selling before the price peaked, entry price of 0.12 & if sell off at 0.18 is a 50% ROI within days. Everyone know the higher return you greedily chase, the higher is the risk. So, why blame AT & its director for your uncontrollable GREED to chase high?



==================
I guess AT show again the same pattern when it up to 0.17 and drop to 0.085 last time. Maybe they still repeatedly eating 0.05 and issue too many esos and sis like the last time.
=======================

Do you even know what and how ESOS / SIS work? It is also a way to raise fund thru their directors. Why the directors willing to invest more if they are NOT committed or not confidence on the ROI? Why is this a negative sign?

========================
Other counter when they announce glove the price go above 25 cent easily while AT the high is just 0.195 and until now it cant go above 0.195. Since that i know AT will never change every year keep doing the same up then in 15 minutes drop back to price it open. All big money investor already ran away from this scam eating money counter.

So to not let AT director keep manipulate the market i dont want many of you did the same mistake as me and never join any lose making penny stock counter which never materialize its SSA ever again in the future. Only invest once the project is materialize.
=========================

Blame your GREED, not others for getting stuck for chasing high. It is your GREED, NOTHING & NO ONE else could be blamed.

=======================
Since then only invest money on only "genuine glove" or hc counter like Topglove,Supermax,Hartalega,Kossan,Comfort,Rubberex,Careplus,Hlt and LKL.
=======================

Are you sleeping for the last few weeks? Don't you know all the gloves have lost all their gain in AUG and retreated back till mid July price level, having dropped more than 50% from the peak. How many got trapped at high and still stuck for about 2 months now. WHO should they BLAME? Why DIDN'T you curse & accuse all their directors for market manipulation?

menort, even if you sell off your AT stocks at current price, you are not losing your pant. Let the little loose change losses release you from all the misery living in agony and hatred. Spare everyone from your constant nonsense posts, you will be doing deed to everyone here.

# fluffyclouds 19/09/2020 12:33 PM : Top glove the other day announced a record quarter, the headman himself said there are even better quarters to come and our order books are full for 2021. Damn good news...but share price landed up dropping about a ringgit, which would have spooked some other retail investors so they intern sold, fueling the drop, but on the basis of what actually happened everyone should have held there shares and its value should have gone up.
If you read the top glove forum it pretty much reads like this forum.
So far AT have done what they said they would and and are continuing to move in the right direction. On top of this a director has just bought some shares. I very much doubt he would have bought if he thought he would loose money!

===============================

Everyone was expecting TG to fly once their better than expected QR report out. It indeed rise for several minutes before fall and hit double bottoming on that day. The same happened to all other glove counters too. So what and why is this happening?

Does the retailers have such strong holding to press the price down together on all the different glove counters concurrently? If penny stock are easily manipulated, dollar stock could be manipulated too by bigger fund holders and it's fall is even more deadly because they are in for the kill. Operator still need to keep his holders surviving and supporting.

https://uk.investing.com/news/forex-news/dollar-weakens-as-data-disappoints-sterling-in-focus-2214443

Investing.com - The dollar edged lower in early European trade Friday, weighed down by disappointing employment and housing data and with the tech sector continuing to suffer strong selling in the equity markets.

At 3 AM ET (0700 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 92.823, the EUR/USD rose 0.2% to trade at 1.1865, while USD/JPY was largely flat at 104.70, but still on course for a gain of 1.5% over the week

menort Stockiss: Just to double confirm. So you say Pearl Glove acquisition SSA will be sign and complete before the expiry date of the SSA this September.

---------------------------------------------------

Poor miserable menort, you must be too stress with your hatred that you can't read and think properly. If you having difficulty to read and understand plain simple English, get some help from Google Translate.

Which of my word meant what you accused? Don't try to put your words into my mouth, you could end up losing your fingers.

inoutking > Sep 18, 2020 1:57 PM : @Stockiss ya I can see your good intention and hope your telegram group readers are clear and know how to filters.

=========================

Those who are in my group know me well and I clearly do not promote but merely sharing facts that are officially announced in public.

#pennywise > Sep 18, 2020 2:02 PM : Understood. For me, as long as they are making acceptable progress with their gloves, I'll hold.

=================

Honestly, it is better than numerous counters that claimed to venture into glove and then die off without news once the price shot up and fallen sharply back. Those are the con counters that menort & gang should go harping.

inoutking > Sep 18, 2020 1:46 PM: @Stockiss no need spend time to entertain them, some user ID are created meant to whack this counter only so y bother to response? It will never end. Regardless what you share they just say "no, No, nO, NO" in different form.

Let's share some valuable insight for other investor which to know or understand more in summaries manner so that will help them to make better decision.

======================

Well, my response to them is to make things clear for innocent readers who may have confused by their misleading & baseless accusations.

Those who are on my Telegram group are in regular discussion / sharing , not just on AT but many other performing counters.

menort > Sep 18, 2020 1:24 PM : Quoting Stokiss on 17/9 6.30pm he said regarding AT EGM :

"Both agendas are voted with 100% approval, why didn't you attend to reject them? Presentation on AT progress in glove ventures are shared to all shareholders who attended who knows very well what's happening on the ground."

So Stockiss please tell us the truth about the Pearl Glove acquisition SSA will it materialize and sign or not before the expiry SSA date. You said they got voted 100% approval.

Will AT honour the 100% shareholder voting to complete the Pearl Glove SSA?

==========================

Asking the same question repetitively won't get you different answer nor changing it to your favour.

If you have trouble reading and understanding simple English, let's refine it further for you. The 100% vote is for Business Diversification to Glove & Machinery Maker. You won't get an apple on an orange tree, got it?

pennywise > Sep 18, 2020 1:11 PM : Of course I studied what I could. That's why I know how weak the company is.

You can either invest in a company that demonstrate strong fundamentals or invest in a company that is weak but on the right path to fix itself.

I believe that they will turn a new leaf. That's why I invest.

I don't speculate price reaction or movement in the short term. Better go buy 4D like you said :).

you inside here or not? If you're in, you have to believe. If not, you'll be in a bad mood all day ;)

===========================

AT progress in glove making are officially announced in public for everyone to read. It is just naysayer who keep detorting facts for his personal grudge / gain.

AT price has been steady and stable even when all major Gloves free fall yesterday and last few weeks. To me, this is a sign of strong support, a reflection of it's shareholders strength and resilience.

https://www.facebook.com/atgroupmy/ showing full list of recruitment for AT Glove, proved that it is progressing well according to plan.

Those who invested has their own reason and justification of staying. I doubt anyone would stayed if this is a $10 volatile counter that fluctuate daily. Those are the true dreamers who day dreaming everyday that the price will return to it's Aug peak soon.

Posted by menort > Sep 17, 2020 7:04 PM :
Stockiss:

What is your firm answer on the Pearl Glove acquisition SSA?. Will it be materilize or it will be cancel. Since you went to the EGM and asked questions.

==========================

I am not sitting in the chair of the MD / BOD, the decision is NOT mine to make and I do not speculate things that are not officially announced. When did I said I went to AGM, be careful with your words.

==========================

Please give honest answer . If you said Pearl Glove acquisition SSA will be materialize before end of AT expired SSA date. Will you hold the answer until the expired date or will you change your answer once Pearl Glove be cancel on the SSA expiry date this September.

===========================

If PG acquisition is cancelled, it will be officially announced along with the reason of their decision. What do I have to answer for?

=================================

My opinion is AT will cancel the Pearl Glove acquisition SSA. Extending the SSA also is a sign of irresponsible by the director to ride on glove theme. Extending the SSA also = cancel.

=================================

Everyone is entitled to his opinions and assumptions. Completing / Extending / Cancel is a business decision to be made by its BOD. It is the responsibility of its BOD to decide to the best interest of the company.

Posted by menort > Sep 17, 2020 5:14 PM : Can have a feeling Stockiss maybe Ular Mak in disguise. I am maybe wrong so i would like to apologise earlier to him if he is not Ular Mak.

=========================

Apology serve no purpose when your intention is defamatory. Regardless if I am Ular Mak or NOT, this is a defamatory accusation. As I highlighted several times to you, putting you in justice is just few steps away, don't assume keyboard warrior identity is protected behind your screen. You have been forewarned.

=================
Luring newbies to hold the stock while he buy and sell at 0.005 increase.

The same person as Neymar jr in Mqtech. Keep giving fake dream and asked all people to hold dont sell while he slowly earn Rm10 million profit from newbies retailer who keep buying and hold while they all blindly trust him. In the end Neymar jr are the one who sell all his share.

================================

Go ahead to prove your accusations, these are serious and defamatory accusations that carries legal liabilities. Make sure your accusations could stand and support you in facing the legal process.

================================

Trust me one day if AT cancel Pearl Glove he will still selling fake dream to all the newbies that cancelling of Pearl Glove is good and everybody should hold the stock for 5 year. 5 year come back AT price are at 0.02 like Netx.

AT is a loss making got no money. And yet Director go around everyday play stock buy gocean,puc,saudee,pasukgb etc. He should focus on AT Pearl Glove acquisition SSA but dont have anymore motivation to work when so much time he waste trading at stock market. Ular Mak now only interest to play stock now and have no energy to do work to help AT materialize Pearl Glove.

Becareful.

==========================

Those who attended EGM on 15/09/20 are given chance and time to raise their concerns and questions face to face directly to the BOD of ATS, why didn't you attended if you are a genuine shareholder?

Both agendas are voted with 100% approval, why didn't you attend to reject them? Presentation on AT progress in glove ventures are shared to all shareholders who attended who knows very well what's happening on the ground.

Posted by UMNO57 > Sep 17, 2020 4:35 PM | Report Abuse

@Stockiss, kindly give us your explanation. . .

=================

What explaination are you expecting? For AT not free falling in red like the rest of the Gloves counters today and the past few weeks? Why didn't any of you accuse their directors for its price falling?

EGM approval for the Business Diversification & Private Placement for investment into Glove Business gone thru as expected. Both resolutions are approved with 100% consensus. See https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3088253

Those who attended or knowing someone who attended the EGM, would be happily collecting more for knowing the progress of the plans. It is progressing much faster than expected.

Menort and gangs who keep making baseless recycle accusations are obviously not going to create much impact. If their baseless accusations are valid, why not attend the EGM to reject? The obvious reason is they are either not a shareholder and holding personal grudge. Any shareholder regardless of 1 or 1 mil lot has the right to attend.

Weak Seller already sold theirs long ago, left mostly who holding for long term. Price movement is depends on market condition, demand and momentum. When all the major gloves dropped for several weeks, why didn't Menort accuse their director manipulating the price?

zoro_roronoa Hahaha... Either this is fake or somoone dont wan this to be seen

https://www.facebook.com/184302818995326/posts/778815509544051/

==============================

#menort & clones must be saying this is fake ads. So why don't just give a call to verify or better still, walk in to interview to see if the recruitment is real.

Investor4444 > Sep 13, 2020 8:52 PM | Report Abuse

Menort, you not receive letter from AT?
PGSB 9 lines & CHEMOR 12 lines. Total 21 lines.

By the way are you PGSB BOSS? Be patient, AT will not runaway.

----------------------------

Since Menort and clones having so many questions / concerns on AT, why don't they go for the AGM and shoot the questions to the BOD face to face directly, instead of bitching here like a bitch everyday.

KLSEorg Tell the fake biz plan story is easy...dream dream dream
02/09/2020 9:28 PM

====================

Time will tell if it is FAKE or REAL, DREAM or REALITY. This is where your judgement carry the value.

JohnnyBravo69 Another Hollan counter, go up I chop everything
07/09/2020 9:21 PM

========================

It is UP 11.32% NOW, what are you going to chop? Show it with photo.

#menort If Ular Mak can make fake glove announcement on AT what make you think Ular Mak want to do glove business with Gocean.

He is legendary pump and dump king who will find pn17 company and goreng it with fake announcement but never materialize it.

===================================

I have specifically addressed to your post DIRECTLY numerous times but you could NEVER reply any of them.

Why don't you substantiate your claim that AT's glove announcement is FAKE? If it is proven true, would you issue a PUBLIC appology at all the counters that you have LIED? IF NOT, show everyone the proof to support your claim.

#inoutking > Sep 13, 2020 4:01 PM : Not to forget about Ripcol Industrial, they are the Glove dipping line supplier & provide engineering solution to Glove industries and AT already acquired their land and I dont rule out the possibility they will be acquired by AT in near future.

Remember this from AT announcement?

=============================

You nailed it to the bulleye. With AEM acquisition , the big puzzle is now complete. AT Precision Engineering, AEM is PCBA, Ripcol in Prod Assembly & Installation will complete the plan to become Glove Machinery Maker.

When you are committed to spend 180 mil (for PG Prod Lines) + more for ATG, wouldn't it make perfect biz sense to own your supplier since they are going to be much more committed for being part of the group to enjoy the growth together plus increasing your competitive advantage against the rest of glove competitors.

#menort > Sep 13, 2020 2:23 PM : Pearl Glove acquisition SSA does not need approval of shareholder and egm.


"APPROVALS REQUIRED AND CONDITIONALITY

The Proposed Acquisition is not subject to the approval of the shareholders of the Company or any other relevant authorities.
Save for the above, the Proposed Acquisition is not conditional upon any other corporate exercise / scheme being or proposed to be undertaken by the Company.

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Menort, I am glad that you finally start to read company announcement instead of detorting from air.

You are right to point out that PG acquisition is not subjected to approval of the shareholders of the Company or any other relevant authorities. It is it's business diversification to glove business that required approval during EGM.

Pls read https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3076089

manufacture and sale of rubber gloves with plans to install and commission up to 20 productions lines within 36 months to manufacture medical grade nitrile examination gloves which is expected to yield a production capacity of over 3.2 billion pieces of gloves per annum (“Manufacture and Sale of Rubber Gloves”); and

(ii) provision of design, engineering and technology works, fabrication as well as installation of machines for the manufacture of gloves and other rubber-related products (“Manufacture and Sale of Machines for Glove Industry”)

#Posted by JK22 > Sep 13, 2020 10:54 AM : Pearl Glove produce safety glove. And buying at a premium price for a safety glove manufacturer , will it bring good on the demand of current medical glove . It will still start as new right ?

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The following facts are extract from http://www.pearlglove.com.my/

1. For a glove manufacturer, adding production for a new industry is NOT starting as new or from scratch, it is merely extending their range of products.

2. PG is currently holding certification from GSP (Europe), JMEPA (Japan), CEPT (ASEAN) & AANZFTA (Australia & New Zealand) bside ISO9001 certified.

3. PG gloves are tested and certified by Intertek, UK and found to conform to EN 420 & EN388 standards.

4. https://my117605458.fm.alibaba.com/company_profile/trade_capacity.html?spm=a2700.icbuShop.81.19.1a0b34e0Zd7O89 stated that PG is currently exporting to oversea as follows
Western Europe 38.00%
Northern Europe 22.00%
North America 16.00%
South Asia 12.00%
South America 8.00%
Oceania 3.00%
Domestic Market 1.00%

5. Pearl Glove (Malaysia) Sdn. Bhd is has been elected as member of the International Council Private Label Manufacturers Association in 24 MAY 2016.

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to produce medical glove. If we invest in a company , we must trust the Board member and their management . Otherwise we are buying a book for it cover. How fair is Pearl Glove performance the last 2 QR ? Anyone know? Only those involved in decision making will know. After a RM180 million spend in the acquisition , how long will be the ROI or will it be any from the safety glove sector ? We are talking about prospect on medicial glove here.
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Most major glove makers capacity are full till mid 2021 and supply shortage is expected til end 2021. The demand for medical glove is expected accelerate further when Covid19 vaccine ready for public use, as usage of disposable medical glove is compulsory for each user. So, the strong market demand for medical glove is expected to continue for next 2~3 years at the minimum.

#menort : Before you shooting your own feet, do read AT business diversification proposal completely. AT is NOT just planning to diversifying to Glove Making but also Glove Machinery Making

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3082964

ii) Manufacture and Sale of Machines for Glove Industry
To further capitalise on the long-term growth of the rubber gloves industry,the Group also plans to venture into the provision of design, engineering and technology works, fabrication as well as installation of machines for the manufacture of gloves and other rubber related products in the medium term (i.e. within 2 – 3 years).
The manufacturing of the glove-dipping lines is an extension of the Group’s current core business of fabrication of industrial machines and parts and in furtherance to the venture into the Manufacture and Sale of Rubber Gloves.

With all the glove makers looking to expand their production facilities are restricted by the capacity of Production Machinery Maker and Installer, the machinery price, installation fees & waiting time increased more than double.

So owning this capability not only speed up the process but also make a great profitable business sense since AT is going to spend 180 mil to build 30 prod lines at Pearl Gloves &many more at AT Glove, Chemor.

So, purchase of AEM fit perfectly with AT overall business strategy. When everything is in place, AT will be a total Glove & Machinery Maker complete under one roof.

UMNO57 > Sep 12, 2020 10:33 AM | Report Abuse

Stockiss = AT Director = ULAR MAK sounds better?

#liverfool > Sep 12, 2020 10:44 AM : Guys. Straight to the points.

i) AT still not consider at glove company yet. Their acquisition of Pearl Glove are still in process. But it have proper circular on the PG deal. It's much better that other counters which only depends on rumors and unconfirmed news.

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You are right, many other counters just had rumours / news / announcement and died off soon while AT is making good progress with it's acquisition plan and even proceed further to increase it's production capacity at the same time. I would say AT is very aggressive in it's entry and expansion into glove maker.

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ii) AT is penny stocks. Whether like it or not, we have to admit AT not a fundamental company. Can't deny part of Menort claim are truth which AT is a loss making money company. If everyone of us knew AT is a loss making money and non-fundamental company, why everyone of us still put in our money in this counter. It's just that we want to strike a jackpot by using less capital.

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In BURSA, there are countless money losing company but this do not deny their potential to grow especially in current once a century pandemic opportunity. Right, it is for the very fact that AT is less than $0.10 stock that make it an exciting and explosive potential glove maker just like Carepls when it was $0.20.

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iii) Regards that menort, that bugger still come out saying negative comments if the acquisition PG are on deal. So whatever AT doing, this bugger will still condemn. When price spike up, he will said fast selling, later will stuck at high level. If price go down, he will said faster cut loss, it will drop more. When got good news, he will say Ular Mak come out with the news goreng. If no good news, he will say Ular Mak are con man.

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#menort is NOTHING but a nuisance badmouthing every counters he landed on. Regardless what he say, the FOOL can't blame anyone else but himself for being FOOLED.

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Anyway, another few days will be EGM, just be prepared for plan B if doesn't work out. Your money your decide how to play.

Cheers guys!

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After EGM, it will be the expiry of PG acquisition on 27/09 & AGM on 28/09. Once these are cleared, route ahead will be clear.

#menort , #king36 ,

All genuine share holders are entitled to attend the EGM & AGM regardless if you hold 1 or 1mil shares. You will and can address all your concerns & questions to the board of directors FACE to FACE DIRECTLY and everything will be minuted and reported to BURSA & released to PUBLIC. This is the RIGHT of EACH & EVERY shareholders to scrutinize the decision and action of the BOD.

Of course, UNLESS you are NOTHING but naysayers badmouthing baseless accusations repetitively for your own personal gain.

#menort > Sep 12, 2020 12:29 AM : Very bad decision for AT bought Aemhb rather than Pearl Glove.

Wise decision is to buy Pearl Glove first because that what they announce to everyone including the press media.

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Same ol poor menort, another weak detort.

Pearl Glove acquisition is signed and secured, subject to fulfillment of salient terms as listed in the SSA. For the benefits of everyone here, READ the extracts from https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3062911

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APPENDIX I – SALIENT TERMS OF THE SSA

1b) ATS having obtained the [[approval]] of its shareholders at an extraordinary general meeting to be convened in respect of the Proposed Acquisition (if required);

2a) Upon execution of the SSA, AGESB shall pay the sum of [[RM4.4 million]] (being a sum equivalent to 20% of the Purchase Consideration) as deposit and part payment of the Purchase Consideration to the Vendors’ solicitors as stakeholders for distribution and
payment to the Vendors (“Deposit"); and

2b) The balance of the Purchase Consideration, being [[RM17.6 million,]] shall be paid by AGESB to the Vendors’ solicitors on the Completion Period as stakeholders for distribution and payment on the day when completion takes place in accordance with the terms of the SSA (“Balance Purchase Consideration”).

3a) Upon the execution of the SSA and simultaneous with the payment of the Deposit, AGESB shall advance a sum of [[RM3,712,200.00]] (“Part Repayment of Advances”) to PGSB, which PGSB shall immediately utilise to partly repay the Advances

4a) On or before the Completion Period and immediately following the payment of the Balance Purchase Consideration, AGESB shall advance a sum of [[RM14,848,800.00]] (“Completion Advances”) to PGSB, which PGSB shall immediately utilise in the following manner:

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The first condition to be met is to get APPROVAL from shareholders during EGM which is happening on 15/09/2020 & AGM on 28/09/2020 which is happening within days.

Secondly, why would any company willing to burn RM4.4 mil + RM3.7mil deposit & advance if AT is NOT serious in the acquisition?

What are your motifs to desperately making baseless accusation repetitively?

#Johnny3366 > Sep 11, 2020 5:34 PM : https://www.theedgemarkets.com/article/systematization-surges-acquisit...

This was the news that surge AT price on June 11 to 0.195. There are more good news to come that will surge to new high very soon.

#fluffyclouds > Sep 11, 2020 5:04 PM : All these comments about AT delaying, the shareholders need to vote on the matter and the EGM / AGM are both in September. Very unlikely any shareholder will vote against going into such a profitable market, so I expect AT to become a glove company in due course.

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This is part of the required process by Bursa. Technically, they should already know to secure majority votes, otherwise can't be risking everything to mess up. It is matter of time when AT fly along with the major glove makers.

Private Placement is one of the AGM agenda that will take 5 days VWAP, so price usually stablise during this period. The market sentiment and volume is also weak, waiting for BNM stimulus to trigger.

#menort > Sep 9, 2020 5:00 PM

AT soon will become like Nexgram. Nexgram in the past keep manipulared scam investor until no one care to bother to put money anymore.

Nexgram announce covid test kit and later announcement venture into glove until put in their website about selling glove but investor no longer care about Nexgram.

Nexgram keep esos,sis,pp,warrant until become 2.6 billion.

AT 2.2 billion once reach Nexgram 2.6 billion then bye bye AT.

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Finally, a logical post that carry some value. See, you are better than detort with baseless accusation. Why putting yourselves into defamation risk?

AT's EGM is just few days away, all the substantial holders and genuine investors would be there. Surely, the outcome will be officially announced and PG SSA acquisition extension end this month end. So, paper could never cover fire. Why don't just spare everyone to watch the show?

liverfool > Sep 9, 2020 4:18 PM : easy. check IP address which menort using. However, dont waste my time on this kind of sohai at all.

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Those keyboard warriors mistaken that their identity protected behind screen by a nick. It is quite a simple process to trace to his real identity and location. Especially for someone who has the cash to go on shopping spree to buy listed companies every other week.

Don't pee in pant when MCMC knocking their door middle of the night.
https://www.mcmc.gov.my/en/faqs/online-content-problems/what-are-the-steps-required-for-me-to-lodge-compla

#menort > Sep 9, 2020 3:00 PM

Thought you would have newer & better twist to detort, the same old script again.

Can all the accusers enlightened how to move ten of millions from one listed counter to another every other week? Especially, when AT price remained steadily stable. Wouldn't it make more sense to cash out after the price surged several times? Why not make a more intelligent accusation, such brainless accusation can't stand at all.

Since you having such deep hatred on Mak, why are you so obsessive with all his counters? Stalking every movement on every threads, more like a secret stalker.

#BILLC > Sep 9, 2020 12:00 AM : No more movement for AT from now onwards ,,,,,Ular Mak is using AT fund to goreng Gocean,pasukhas,,,and AEM,,,,,,many here have to wait long long,,,,,,never play against ular besar,,,,you could never win,,,,,,,

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Can't help but this really sounds so familiar and similar to our beloved Detort, really like abang adik.

Just published a comparison chart on Gold Price Vs USD Index at https://klse.i3investor.com/blogs/GOLDRUSH/2020-09-04-story-h1513318097-Gold_Price_Vs_USD_Index_Impending_Explode.jsp

Just published a comparison chart on Gold Price Vs USD Index at https://klse.i3investor.com/blogs/GOLDRUSH/2020-09-04-story-h1513318097-Gold_Price_Vs_USD_Index_Impending_Explode.jsp

inoutking > Aug 29, 2020 8:58 PM | Report Abuse

since he like to give name to people, here i have 1 for it.

menort = me no rational thinking

what you expect?

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He sounds really "DETORT" , so MENORT suit him the best. https://www.merriam-webster.com/dictionary/detort
Definition of detort
archaic
: TWIST, DISTORT, PERVERT

#menort > Aug 29, 2020 8:40 PM : Bursa need to querry AT again on the Pearl Glove SSA acquisition status.

Dont let AT runaway making another drama announcement.

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The extension is till 27 Sept, several weeks away. Time will prove your words very soon. If the acquisition completed successfully, what is your bet?

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The project they just cancelled are:

1- Cancel medical grade ventilator 17 August
2- Cancel Face mask machine 4 August
3- Cancel Sanitizer Gateway 27 July 2020
4-Cancel Thermometry and Integrated Disinfection Chamber 9 July 2020

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Don't you have better ideas instead of keep recycling old scripts? I repeatedly requested you to show the announcement that these projects are CANCELLED. If you are claiming that "NO MATERIAL DEVELOPMENT" is cancellation, you got to work harder than this.