Do understand that even though I created those questions but it is also likely that the company will not able to be answer as there are cases where Bursa Securities take action against listed companies and directors if their responses are inaccurate/misleading.

https://www.bursamalaysia.com/sites/5bb54be15f36ca0af339077a/assets/5bb57e0c5f36ca0c38d98ec4/Dont-take-UMA-queries-lightly.pdf

If AT management were caught by Bursa Security for answering inaccurately, it will affect the share price in a negative manner. It won't be good for us the investors. Hope you understand and if possible, please delete this post too. It doesn't do good for the company if anyone read your blog only.

Despite the increase of 420b glove demands stated by MARGMA, lets take into account of AT other possible future plans for the company to grow.

I will say this, like any CEO/MD of any company they all have the same goal in mind which is to make more profit for the company as fast as possible.

Safe to say many of us here invested in AT primarily because of the glove venture to begin with. Nothing else but that.

However, from the recent acquisitions activities (Thrive & Asdion). There is a possibility that AT may also wish to become another investment company like Fintec.

Looking at Fintec lastest quarter report, the earning is 720m. Highest compared to the past quarter reports. It can be said that most of these are from investing in other companies such as AT itself.

From the look of the management strategy & planning, I will assume that their intention is to buy up companies that has been making losses, and come up with a strategy to turn it into a profitable company. And yes, there will be some trials and errors before it become profitable. Lets agree that no management would actually buy a losing company without a plan and continue to let it lose money.

Side note, even if the company makes a lot of money, the share price may not necessarily shoot up to high as we all hope it to be. It will go up but not as high as we want it to be. If AT plans is to be a glove/investment company, most of the profit will be used for glove ventures or acquiring other companies. Nonetheless, we must also take into account of the ESOS and PP that may happen again in the future. Many of us are definitely turn off by that ideas, (me too) but all these are incentives to allow company to build a strong foundation first for the longest time.

This message is not to discourage you but to prepare ourselves to build a strong mentality that we all must have if we wish to continue investing in this stock for a long term.

Keep in mind, a few board members bought a lot of shares under their own personal account too. I am sure if you were the head and wish to retire early, you will find some ways to push up the share price of the company so that you can sell your shares at a high price.

Jjyeo, all these info that i gotten may be obvious to you. However it is also for those who could not find these info. And yes, i want the share to go up as much as another AT investor because AT shows progression day by day. Nothing wrong with this mindset.

Dannyboy, i am not crying. However i will admit i am a little sadden by the fact that AT share price is going down.

I can't answer if it is a wiser decision or not. I am not part of the management.

I am just an investor that compiles as much information as possible into a piece of article for us then it is up to each one of us to decide to continue or not.

Onionchong, I can't speak for AT. Money wise. There are no news that is saying AT need more money for the 13 lines now. I can only assume that they have enough money for that. Plus they confirm on media that in June, all 13 lines will be completed.

AT has a habit to diversify their businesses too and this is not new.

If you have invested in AT because of glove, try to hold until June and see how it goes because that is the main picture after all. If your heart cannot take because of management decision, you know you must exit.

https://www.facebook.com/atgroupmy/videos/1847624142069060/

Help ask during the Q&A session after the short tour of glove production.

Apparently AT will be having a grand opening tomorrow. To those who are attending, hope you can help ask the following questions. It will also be in other investors' interest.

https://klse.i3investor.com/blogs/rubberglove_y2023/2021-02-22-story-h1541201573-AT_Glove_Grand_Opening_23_Feb_Q_A_25_Questions_to_ask_if_able.jsp

I am in this line that requires fda so I know.

Errr hotstuff, if I were you. I would delete your comments. This cert is good enough for the company to export good to US.

It will rebound when AT gives a strong confidence to future potential investors that it will be able to generate more positive QR reports in the near future. With a condition that each positive QR reports shows an increase of NP.

As long as it can overcome the negative quarter reports in the past, the gears for share price will start to move upward (slowly and gradually).

At the moment, many IB and investors are unsure and skeptical of AT future QR reports. This could take a while for AT to achieve that.

Tansri777, I remember last time when you told me that this forum needs negative comments to push the share price up. You got what you want but share price still not moving up.

Dannyboy, I read your comment. You accused me for being a scammer and that I am involved in pump and dump, which I am neither. I want to clear my name.

Firstly, I am not a scammer. I have so far shared facts and news which all can be found on the internet and news.

Secondly, I want you all to know that I have not sold a single shares of AT since day 1.

Thirdly, I would very much like you to not find out my IP address even if you could. Reason being is it intrude my personal privacy. Nobody wants that including you. As a matter of fact, I hope all of us can respect each other cyber privacy and not resort to pointless and meaningless threats.

I will admit I have written a couple of articles of the future value/prediction of AT around November 2020. If you read the articles, you will see that calculation method is also included for your own justification.

I understand you and many others are frustrated of AT share price outcome for the past few weeks-months and looking for a reason and explanation for it. So am I. Unfortunately, I can tell you all that I am not the reason for AT share price weird behavior and outcome.

Makoijo, to answer your question of why share price drop. To put it straight, I also don't know. I can think of many "conspiracy theories" or "creative answers" but none of which can be proven or even true.

There you go.

Tansri777, what situation is there to control to begin with? You overestimated me. I am not owner of this website or company. I also don't want to get into any trouble. So I let you all talk talk, make fun of people and be happy happy. I already said my piece yesterday so up to you all to talk talk however you all want. Enjoy~

sonickid, haha my face now bengkak already. tomorrow i still need to go back to dentist for 2nd round. I hate dentist but no choice. I still want to eat meat when i am in my last few years of life.

Tansri777, looking for me? I just got back from dental appointment.

SmallGain, you want to call me a story teller because I said a true story that couldn't convince you as well as want to claim that you are a better story teller. I am fine with that cause I wasn't even trying to compete with you. Looking at how you type your messages to others. I honestly shake my head and sigh. In America, we call you a troll who tries to spur people emotion from within but to me you are just a child in an adult body. What a waste indeed.

Good for you if you managed to have get the satisfaction with this nick and the other nicks that you may possibly have. However, I doubt your previous messages in this nick were found to be informative to others and only to be seen as irritation.

Small gain, at least mine is true story and not fabricated. You want to play smart, that's your choice. Haha.

AT also belum full production lagi. Only 1st prod line ready. if you got patience, just wait till all 13 lines complete then baru cakap whether AT fly or dont fly. As for now, you yourself also know that it is now getting the 2nd and 3rd line ready.

Got a relative who bought a stock at 0.38 for more than 10 years ago. many uncle auntie sold their shares. this relative of mine didn't sell. now its worth more than rm6. tough luck for those uncle and auntie who sold early on.

sonickid, if kilang hilang then tough luck. look at lehman brothers, despite being one of the top 4 banks at its time. it still can collapse. luck also plays a vital role here.

In the long run, the return will greater at the end of the day. This is definitely not for day to day traders.

Reap88 it is true that having Private Placement (PP) will make nosh heavier which is a huge disadvantage for many of us investors. However, the great thing about PP is the company get to choose their own investors - this increases the chances of having investors with similar objectives as them and pro-long their fund to stay. In many cases these PP investors will provide funding, business advice and assistance too.

It requires less investment of both money and time than public share flotations. This results in providing a faster turnaround on raising finance than the venture capital markets or public placements.

We want to gobble up that 38% global glove demand. It is also Malaysia best interest to accommodate at least 90% of global glove market and not 62% in y2020.

Against the backdrop of a third wave of the pandemic in Malaysia, the managing director noted that the sector is hampered by disruption in supply from stop/start orders of key production lines.

With further supply disruptions on the horizon, AT will look to take advantage of spot prices in the short term while it builds production capacity to handle the enquiries.

On a different note, it is stated that Malaysia being accounted for 62% of the world glove market in year 2020. Why 62% only? Because the glove companies maxed out their production capacity till end of this year. Since we are not being able to produce anymore, we have to leave the leftover of 38% to the other foreign glove companies to eat it.

38% is still a lot. So how do we gobble up as much of these 38% in the near future?

1. Existing rubber glove companies expand more production lines

2. New rubber glove companies (new players)

In year 2018, Malaysia actually accounts for 68% of the world glove market. What does this means compared with our 62% in y2020?

It means Malaysia does not have enough production capacity to meet that 6% buffer due to the rapid increase of world population. It could also means that we have not been expanding our production lines as much and as fast as possible before.

World population has been increasing for the past 2 years as well from 7.5b population to 7.8b population (increase of 4%). Imagine in another 2-4 years, it could swell up to 8.1-8.4b population.

If Malaysia accounts for 68% of the world glove market again, that will be an increase of 9.6% which means the rubber glove companies will be earning much more in the future.

With more production lines, the more "cake" AT can eat out of the 38%.

I expect Israel to have their own MCO. its for their own good.

From my understanding, they have 2 completed projects for renewable energy. Collecting 55k every month for next 21 years.

https://www.atsys.com.my/solar-renewable-energy/

Ai ya this is often the case in any other counters too. Better check and analyze yourself whether you think worth it or not. Many also said other counters are no good but end up going up for many years.

Wah who said that??

Next time want to say about "good people" and the "math", better get the links ready. Don't simply accuse. Otherwise you end up tembak your own foot. It pains me to see that happen.

omg, that is like KYY article aint it? good luck finding it.

or is it this one? "Price Estimate Details"

https://klse.i3investor.com/blogs/rubberglove_y2023/2020-11-27-story-h1537295016-Price_Estimates_Detail_AT_0072.jsp

you mean this article that I wrote is it? "AT (0072) Prediction value by June 2021". Just say no need so scared.

https://klse.i3investor.com/blogs/rubberglove_y2023/2020-11-22-story-h1536553150-AT_0072_Prediction_value_by_June_2021.jsp

sonickid, i hope not too gatal. you know in my town, all the prisoners kena covid because one police officer kena. betul betul sueh.

so in other word strattegist, one must continue to tonggeng until the stories turned into results. you must be feeling very syiok about it. hehehe

Many of you are mistaken of my intention when I bring up the penal code 499 - defamation. I am not trying to sue you.

I am just trying to warn you all the danger of doing such act.

This company has already publicized on newspaper for 3 days straight. There are many things they can achieve from this. The first is to get investors to invest (obviously). The second is to ensure no one can defame them or insult them for being a false or con company. Understand that they have publicized in newspaper in 3 languages (malay, chinese and english).

I don't want to spoon feed you all anymore. Go and think about it for a minute and ponder.

Makoijo, you want news and facts? ok.


AT Systematization Bhd has dealt with Seacera Porcelain Sdn Bhd to acquire industrial land for RM10.5 million for the construction of a second glove factory.



Industrial land located in Larut & Matang (Taiping) is 72,770 square meters in size.



Deal is expected to be completed within 60 days and will be satisfied in cash, cementing its entry into the glove making business, which started last year to capitalize on the unprecedented global demand for gloves due to the Covid-19 pandemic.



For the journey, it estimated that the Chemor factory will have an estimated capacity of 63,000 pieces per hour by the end of the month.



Second factory will have the same efficiency as its maiden Chemor-plant with almost 800,000 square feet (72,770 square meters) with up to 60 double former lines which translates to 35,000 pieces per hour for each line.



Before the second factory announcement, it was expected to have an output of 2.6 billion pieces per annum. With the second factory, it is estimated to have an output of 18 billion pieces per annum now.



With new strains and mutations affecting the global economy, and a general increase in awareness for hygiene and protection, the global demand will likely find a plateau and last for a while to come.



Given the group’s recent CE certification award, he related that the group has been inundated with contract order enquiries.



Against the backdrop of a third wave of the pandemic in Malaysia, the managing director noted that the sector is hampered by disruption in supply from stop/start orders of key production lines.



With further supply disruptions on the horizon, AT will look to take advantage of spot prices in the short term while it builds production capacity to handle the enquiries.


On a different note, it is stated that Malaysia being accounted for 62% of the world glove market in year 2020. Why 62% only? Because the glove companies maxed out their production capacity till end of this year. Since we are not being able to produce anymore, we have to leave the leftover of 38% to the other foreign glove companies to eat it.


38% is still a lot. So how do we gobble up as much of these 38% in the near future?


1. Existing rubber glove companies expand more production lines

2. New rubber glove companies (new players)



In year 2018, Malaysia actually accounts for 68% of the world glove market. What does this means compared with our 62% in y2020?



It means Malaysia does not have enough production capacity to meet that 6% buffer due to the rapid increase of world population. It could also means that we have not been expanding our production lines as much and as fast as possible before.



World population has been increasing for the past 2 years as well from 7.5b population to 7.8b population (increase of 4%). Imagine in another 2-4 years, it could swell up to 8.1-8.4b population.



If Malaysia accounts for 68% of the world glove market again, that will be an increase of 9.6% which means the rubber glove companies will be earning much more in the future.



With more production lines, the more "cake" AT can eat out of the 38%.

Tansri777, wow you still want to say more after losing face? Your face must be very thick ald. Hahaha

It's good many of you reply and commented. Now you all have read my comments and are aware of the consequences. You all want me to keep my mouth shut, sorry. Like one of you said, this is a public forum. One can speak of their opinion. Feel free to take the risk to comment negatively towards AT progression now that there are many news and articles of AT progression. Don't say I didn't warn you.

Friendly reminder, for those who want to read the latest comment...


Please be aware of Section 499 of the Malaysian Penal Code, which provides for the offence of criminal defamation, states:

“Whoever, by words either spoken or intended to be read or by signs, or by visible representations, makes or publishes any imputation concerning any person, intending to harm, or knowing or having reason to believe that such imputation will harm the reputation and shall also be liable to fine of such person, is said, except in the cases hereinafter excepted, to defame that person.”

"In criminal cases, the punishment for defamation is a jail sentence for a maximum of two years, or a fine, or a combination of a jail sentence and a fine [Section 500-502 Penal Code]"

I will be very very careful with words even if you are a minor.

Just to clear the misunderstanding. I am not threatening. I just want you all to know that some companies actually played this card before. So be very very careful. Everything is written black and white. Even if you delete it to erase evidence, there are some who has screenshot it. Just be careful.

Be more mindful with your words.

either way, i am happy that AT has made lots of progression

Take note, you been commenting here almost every day. I rarely comment here. So in a nut shell, you could be the cause of the drop of share price if you want to apply your "who comment - share price drop" theory.

Tansri777, can you tell me the number of gainers and losers in the market summary? It is a miracle that we are in neutral or gaining.

I will continue to tell you all that there exist penal code 499 - defamation.

Whether the share price drop because of me or not. its better you all know. Best to clear the weeds.

Even if you are a businessman that earns money from people who insults you, where is your sense of pride? You think this is good long term? haha.

The more I comment, the more people understand that there are consequences to their words. If you think it is my fault that made the share price drop, I can only laugh at you.

nonsense? you dare say that is nonsense? you want negative comments here so that it pushes the share price up according to your theory.

would it be the same if people insult you as a businessman, does that mean you will earn more and have better fame? where is the logic haha

Also, these has happened a few times already for past few weeks. Don't act naive that this is happening today only.

if investors run because of 499 penal code then better let them go.

wiseman888, not my place to sue you. its up to the company like I said. So feel free to call me peanut brain all you want. For someone who comment 10 times only.

Please be the first to comment negatively on AT after this knowing and understood that there has been many progressions and updates of AT on newspaper and internet, since "this is a public forum for any type of comments, be it negative or positive" (quote from you). Take note that you are aware of the act of 499 penal code. You understood this act and familiar with the consequences.

You think I BS? Go and report me. I merely state facts that AT has made progressions (announced on newspaper) and that there is such thing called defamation: 499 penal code act which could make anyone go to court if one insults or defame the company. Only the company can sue if they were wrong by another blogger. Is this wrong?