AK2899 instead of saying its wayang, you should drive up to the plant to verify if works have started. If it has not, then only then can u say its wayang.
The address for AT Glove Engineering Sdn Bhd
9 Janan Chepor 11/7
Kawasan Perusahaan Seramik Chepor
31200 Chemor Perak
U sound like someone who buys on rumour, gets burn then blame everyone else but yourself since u never bothered to verify it

Frank Tan you sound like a guy who buys stock like gambling. Where did I write earnings of 1.3b. Actually I only said RM28m based on lower ASP assumptions than Top & Super. Aiyo if u make decision on gut feel, you should not blame any stock if you lost money

The direction for the company is to venture into gloves, thus the almost completed production line of 2.5billion pcs p.a.. Whether Pearl comes or not does not change the fact that this time they are sticking to what they say. Someone rightly pointed out to Menort, buying a company involves due diligence and not buying vegetable from the market.

Buying on weakness is doable but 5 cents very unlikely

The link to some parts of the slides
https://klse.i3investor.com/blogs/riskon/2020-09-21-story-h1514237767-AT_SYSTEMATIZATION_Turning_into_a_penny_darling_glove_stock_in_4Q20.jsp

While awaiting completion of due diligence before signing the Pearl Glove deal, the company via its subsidiary AT Glove Engineering S/B is almost completing its glove production line at their plant in Chemor, Perak. Their investor relations have prepared slides to update investors after the plant is commission next month

AT - the new penny darling glove stock

https://klse.i3investor.com/blogs/riskon/2020-09-21-story-h1514237767-AT_SYSTEMATIZATION_Turning_into_a_penny_darling_glove_stock_in_4Q20.jsp

Details can be read from Bursa website, circular to shareholders in Nov 2016. Purchase is paid via part cash and part shrs at RM0.70. The shares were transferred last Fri

Securing a 22 yr concession will boost earnings and the market to re-rate the stock