Matgin margin margin

Bala was just a production supervisor, superman fly to become multi millionaire, mostly shares under margin

Moreover there are cultural gap. To them here is near to heaven. But those whistleblower are mainly brain wash.

The local factories are no more easy to exploit workers. It is their AGENT who exploit them.

https://www.enanyang.my/node/444547

https://focusmalaysia.my/bloodbath-at-ata-ims-stock-limit-down-for-2nd-day-running/

https://www.malaymail.com/news/malaysia/2021/11/26/hr-minister-malaysia-to-investigate-dyson-decision-to-cut-ata-ties/2023978

Curry chicken, Rendang children, mutton, lembu lar, etc etc all kind of indian food n drinks are served to Ang Mo..parties lar, wine lar etc etc ..
The indian man has served Ang Mo for years, from a production supervisor to become ED, from a poor guy become multi millionair, major shareholder under margin account.
He treats Ang Mo like dad n mom..how Dyson comes in.
I am thinking if margin call comes in, will he be like SerbaDinamik boss, cheap cheap sales n no stop.

You read the So long has the writing been on the wall for ATA IMS By Andy Hall
Author: savemalaysia | Publish date: Fri, 26 Nov 2021, 11:49 AM

See how the MF Andy Hall is damn arrogant...wanna punch him..du lan

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Monday be in between 0.52 to 0.82 or stay at 0.52..Dow crashed has no effect to ATA price of 0.52. per oskchoon

Monday is T + 2 day for those who bought from 1.12 - 1.28
Tuesday is T + 2 day for those who bought from 0.82 - 1.27
Wednesday T + 2 day ?? what if cannot sell on Monday and Tuesday ???

Malaysia Government direct statement to Andy Hall, Dyson to help ATA is most important now,
or Bursa helps to SUSPENSE ATA as too severe impact to Malaysia companies employing thousands of foreign workers. Buy times to cool down the events.

So long these Direct Confrontation in between Andy Hall, Dyson and Malaysia Government be happening, ATA as a poor victim (continue to find ways to resolve Forced Labour Issues) shall remain in silence mood to pump up production for Dyson.

Never ever think of legal matters against Dyson.

Andy Hall is going to take legal action against Dyson in UK (I am aware of the presence of concerning and seemingly defamatory statements made by Dyson against me, solely in relation to my well-intentioned and independent advocacy on work and living conditions at ATA, concerning which I continue to seek legal advice in the UK.)

Ang Mo against Ang Mo may be just a show, our pathetic investors in Bursa, in ATA and other listed companies carried big brands are in trouble.

Omicron may be hurting the world economy again and now Dow crashed more than 1000 points over night. Next week only see mother cry father cry sceneries here lor...

God blessed all investors in Bursa...

Another sleepless night..cry cry

see how Malaysia Government is going to fight against these ANDY HALL who has influences over US & UK & Europe.

Andy Hall is now giving instructions to Dyson, Malaysia Government to follow his orders to act to SAVE those to be removed by ATA in the consequence of Termination of Contract by Dyson.

Nothing direct statement by Malaysia Government yet.

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Dow dropped 914 point now

Dow dropped 914 point now

https://www.theedgemarkets.com/article/skp-resources-2q-net-profit-down-9-amid-reduced-operational-capacity

KUALA LUMPUR (Nov 26): SKP Resources Bhd's net profit fell 9% to RM40.12 million for its second quarter ended Sept 30, 2021, from RM44.07 million a year earlier, as its operational capacity was affected by lockdown restrictions.

Earnings per share declined to 2.57 sen from 2.82 sen last year, the electronics manufacturing services (EMS) provider's bourse filing showed.

Quarterly revenue dropped 23.8% to RM553.74 million, from RM726.31 million in the same quarter last year.

Happy news to SKP to get more orders transferring from ATA

Big policy in place.. wait wait long long long to implement and companies can afford to do so with thin profit margin.

https://www.theedgemarkets.com/article/malaysia-agrees-ratify-ilo-protocol-29-eradicate-forced-labour?type=malaysia

Action by our Minister lor

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I do hope it bounce up to 1.20, at least the investors could have a good sleep at nights.

I have lost my sleep yesterday and the loss of X50 will cost me lost sleeps for many many many nights.

Worst than loss moneys at Casino, at least Casino gives you excitement for hours to lost X50.

crying and crying

FYI, ATA has more than 8,000 employees and more than 50% are foreign workers. The layoff exercise will be a mass one.
Fortunately they still have cash of RM330 million for them to last for some times to cut cost and at the same times to look for new customers, to fill the big capacity of loss of Dyson.

They will find those at lower end and lower profit margin to keep the overheads running. Never expect good QR results for at least 2022 and 2023.

Analyse how VS tackle the Dyson pull out orders issues 3 years ago, then you know how ATA is going to use the same tactics to look for new customers.

Good luck to ATA now as lots of customers pull out from China to go to Vietnam, India, Cambodia etc. With the help of Malaysia Government, if they are willing to put efforts to help, ATA should be able to pull some new customers over. VS has managed to get a few already.

Making of 0.14, 0.13 and 0.12 next week.
Bursa is hopeless now. Why buy higher than RI ??

Remember 3 years ago when Dyson pulled out orders from VS ? VS price dropped badly to 0.60 from RM1.80 (or above RM2.00), while Dyson accounted for their turnover of about 25%. Those orders pulled out from Dyson was given to ATA. At that time, VS was so hardworking in sending his teams to US and Europe to look for new customers to replace the loss of Dyson and at the same time to fill up its additional capacity for its new factories (which was built for Dyson for expanding orders few years ago). At that time, Dyson just pulled out orders only, without terminating VS, and still give some little orders to VS to build and maintain their partnership relationship. Most investors loss moneys if they cut their loss at that time.

Now ATA with Dyson relationship were TERMINATED and its turnover for Dyson accounted for 80%. The drop from 1.20 to 0.52 or worse ? (the dropped from 2.50 to 1.20 was so called due to low utilisation of man power and yet shortage of man power with 60% utilisation and first time made loss in QR reporting).

Is ATA as capable as VS to look for new customers while VS international marketing team was already there at all times? Or ATA is so comfortable with Dyson expanding orders without considering the significant risk of Single Customers base of 80% and therefore the international marketing team was not ready for sudden big gap to fill in terms of capacity within 6 months ??

When you have so much orders receiving from Dyson, and the capacity with labour shortage issues are headaches to Management, you think they concern much of their international marketing team efficiency to get new customers ?

Dyson demand in all sorts to ensure best highest quality of their products are daily fire fighting issues to ATA. The sudden termination without much preparation and warning is definately a killing to them.

God blessed our Government could help to resolve the forced labour issues between Dyson and ATA, and giving adequate times for ATA to realise its Single Customer base risk to secure new customers within shortest period of times.

A customer like Dyson, it needs at least 6 months to develop to go into mass production. Its not as simple as get customers and go into production the following month.

Dyson terminates ATA is critical to themselves too and they will force VS and SKP to expand their production capacity within the next 6 months to fill up its transfer of orders. To Dyson, its low season for 2022 first and second quarters and they will pump up ATA to produce more for them for storage.

VS and SKP are definately benefited from such Dyson actions. But will they subject to Forced Labour issues ?? You know I know, Malaysia cultures are different from Ang Mo, how to use Ang Mo standard to judge here ? See Top Glove and Supermax ways of handling Forced Labour Issues, and what they provided to their foreign labours now, then you know how high is their labour cost now.

Malaysia Government is too slow to act for we Malaysian companies.

so many people cannot sleep over this weekend..so do i.
Dow Future lost 800 points now, the whole Asia and Europe are red. No one can spare now.
Bursa may drop further.
Whoever holding ATMIMS, so long not margin and can hold longer, just hold to average down.

God blessed all

Too many good buy counters now, why GFM ??

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hahahahhaaaaa...i spend all my saving and pawn everything to buy at 5 cents

Making of 0.14, 0.13 and 0.12 next week.
Dow future falls 850 points now..
Oil drops 4% now
New COvid19 varriant from South Africa coming now
All airline shares go to holland again
To commence to work from home again early next year
All to lock down again early next year

What RI, Private Placement go holland again
Glove revives again

i listen to you..so you can get ffffff from this forum

oh..today already making the 0.14 ..no eye see

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Cheeyong, we are on same boat. I got xxxK shares due to early key in and sudden striked and not able to sell at 0.82.
I have sleepless night and i keyed to sell at 0.52 this morning to cut loss.
I sold all these morning at 0.52 and loss a Proton X50.

Read the edge news carefully. It was the power of media, Reuters, who met Dyson Singapore with evidence to question them of actions, Dyson to avoid US n UK customs ban the entry and straightaway terminate ATA. You believe a 20 years relationship between ATA n Dyson be terminated overnight?
You think why 3 years ago, VS got crisis due to Dyson pulled out most orders to give to ATA not due to close tie with them ??
Happy Reuters reporters, to get Prize award with cost of the loss of Malaysia reputation and investors moneys
F the media

Karma to those spoiled dirty mouths

Heavy share buyback of using the RM330 million cash reserve this morning will be seen...
To buy this morning ?? Any advice ??

Bursa no answer yet ? anyone know ???

APPLICATION TO THE AUTHORITIES
The corresponding application in relation to the Proposed Rights Issue will be submitted to
Bursa Securities today, being 3 November 2021.

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Hotstuff 100m waiting to sell. limit down in 5s once market open. record breaker

Please lar, very fun ?? LD tomorrow be at 0.52

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See glove stocks, especially Supermax, go to holland now due to forced labour issues

You expect Bangladeshi not to cook in group ?
You expect Vietnamese not to eat wild animals ?
You expect to provide 4 pax room to foreign workers ?
You expect to provide swimming pools, gym centres etc for them on their weekend leave days ?

My foreign workers just want to see OT OT OT and big moneys go to their pockets by end of month. They cooked early morning and eat the whole day. Weekend they pack necessities until the room is full.

They are in fact happy

Total number of transactions after LD just now, until now is about 600,000 shares transacted at 0.82.
Still got hero to buy ??

Seems like my 50K shares at 0.85 will be selling at 0.52 ..i am going to loss RM15,000 for nothing...
si beh du lan

Dyson said the recent audit findings it received in October were from a "comprehensive" audit that interviewed over 2,000 members of ATA IMS staff.

Migrant workers
Foreigners form a significant part of Malaysia's workforce. Most migrant workers in Malaysia come from Bangladesh and Nepal, and are employed in factories, plantations and construction sites.

Over half of ATA IMS's 8,032 employees are foreigners, according to the firm's latest annual report.

ATA IMS posted record revenue and profit for fiscal year ended March 2021 as Covid-19 induced lockdowns boosted demand for home appliances such as Dyson's stick vacuum cleaner.

Dyson rejected allegations earlier this year regarding excessive hours and cramped living conditions for ATA IMS workers, citing multiple prior audits it said had not found any issues involved in its supply chain.

Activist Hall said Dyson's decision to terminate the relationship would have huge implications for the thousands of workers employed at ATA IMS and Dyson should remediate ATA IMS workers.

The Malaysian government must also bear some responsibility, Hall added, saying he had made multiple complaints in the past year to the government about ATA IMS.

Malaysia's labour department did not immediately respond to a request for comment.

https://www.theedgemarkets.com/article/dyson-terminates-relationship-ata-ims-over-labour-practices?type=malaysia

There are 8,800 foreign workers in ATA group. These people are ready to go back kampung.
May be at the end, ATA becomes subcontractors to VS or SKP, still got jobs to do...heheehee

The Board of Directors also notes a news article on Reuters on 25 November 2021 in which references had been made to the termination of the Contracts by Dyson Operation and Dyson Manufacturing and to an audit of the Company’s labour practices.

Ini macam ??