ATA IMS BERHAD

KLSE (MYR): ATAIMS (8176)

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Last Price

0.29

Today's Change

0.00 (0.00%)

Day's Change

0.285 - 0.295

Trading Volume

1,517,200


7 people like this.

7,435 comment(s). Last comment by sam8888 8 hours ago

Patrick13

1,971 posts

Posted by Patrick13 > 2019-06-05 21:58 | Report Abuse

In the latest QR Note 23, it stated that "The Board will announce their recommendation on the dividend at a later date."

Patrick13

1,971 posts

Posted by Patrick13 > 2019-07-07 11:37 | Report Abuse

So funny they announce the dividend of 3.29 sen per share. Why dont make it at 3.3 sen? Any difference?

Posted by Wellwisher1010 > 2019-07-24 10:33 | Report Abuse

I'm very sure the directors will put in more effort to push up the stock price !!

Posted by Wellwisher1010 > 2019-07-25 12:12 | Report Abuse

Got to know from a reliable source that ATAIMS have secured new projects. Share price expected to rise up in matter of time. Good time to buy !!!

Patrick13

1,971 posts

Posted by Patrick13 > 2019-08-16 11:36 | Report Abuse

Bought at 1.40.

Patrick13

1,971 posts

Posted by Patrick13 > 2019-09-06 11:14 | Report Abuse

Coming quarters expected to improve for ATA IMS

ATA IMS Bhd
(Sept 5, RM1.35)
Maintain buy with a lower fair value (FV) of RM1.75 (previously RM1.84): We maintain our “buy” recommendation on ATA IMS Bhd with a lower FV of RM1.75 a share (from RM1.84 a share), pegged at a forecast financial year 2021 (FY21F) price-earnings ratio of 14 times after reducing our FY20 to FY22 forecasts by 5% as we adjusted our margin assumptions in line with guidance.

We attended ATA’s first quarter (1Q) of FY20 results briefing and came away with some key highlights.

Its 1QFY20 core profit came in at RM25 million, lower by 20% year-on-year (y-o-y) despite revenue soaring 45%, attributable to lower efficiency and productivity amid the festive season, newer models having higher material contents and higher start-up costs associated with new assembly lines.

The group’s subsequent quarters are expected to improve, with 2QFY20 expected to be stronger than 1QFY20. ATA’s order growth momentum of 15% y-o-y for its key customer is intact, with the addition of one household product which began production in March as well as a personal care product targeted for production from November. Margins for 3QFY20 are anticipated to remain sturdy despite commencing the production of the personal care product due to expectations of strong orders. Having already accounted for the weak 1QFY20 results, the group guided that its full-year profit before tax margin will be above 4.5%.

The group managed to secure an additional contract from the key customer, which is likely to begin production in FY21. The box-build order volume from its existing customer is expected to remain robust as the addition of new products is anticipated to offset a natural slowdown in some of the key customer’s older product orders reaching their end-of-product life cycles.

Through a new strategic partnership with Canada’s Swift Labs, which specialises in wireless and Internet of Things (IoT) product development and testing services, ATA aims to extend its capabilities to include the IoT and collaborate with Swift Labs for original design manufacturing in the future.

There are also new customer diversification opportunities arising from the US-China trade war. The group is in the quoting and feedback stage for some prospective customers, some of which are IoT-related manufacturers. ATA is looking at the IoT customer segment as the products usually consist of a good blend of electronic and mechanical components, fitting well with the group’s vertically integrated capabilities.

As for ATA’s vertical integration efforts, Microtronics Technology Sdn Bhd currently has 14 surface-mount technology lines catering for approximately 60% of ATA’s printed circuit board assembly (PCBA) and battery pack requirements. Four lines are expected to be added by end-calendar year 2019 (CY19). To develop self-sufficiency and reduce purchases from external suppliers, the aforementioned PCBA capability will be injected into ATA by mid-CY21.

Meanwhile, ATA has submitted brush bar samples to undergo reliability tests, while its wire harness capability requires certain certifications, with its site being audited by the key customer. Production of both is expected to begin in CY20.

So far, ATA has utilised approximately 73% (RM40 million) of its FY20 capital expenditure of RM55 million for plastic injection molding machines of different tonnages in its new facility. The group plans to invest continuously in automation to improve its production efficiencies.

We reiterate our “buy” recommendation on ATA due to its positive prospects arising from: i) it being the purest proxy for the key customer’s growth prospects; ii) its move to become a vertically integrated player that would improve margins and put it in a better position to secure orders and/or customers; and iii) its positive growth trajectory with a three-year core profit compound annual growth rate of 17% for FY19F to FY22F, underpinned by its modular expansion strategy. — AmInvestment Bank, Sept 5

https://www.theedgemarkets.com/article/coming-quarters-expected-improve-ata-ims

Patrick13

1,971 posts

Posted by Patrick13 > 2019-09-06 11:15 | Report Abuse

Hold tight tight, and keep accumulate when low price.
Dun sell to those bastard who want to collect at 1.20!

Posted by LuckyHuatHuat > 2019-09-18 12:28 | Report Abuse

New project.... Soon soon....

Posted by LuckyHuatHuat > 2019-09-24 17:53 | Report Abuse

Buy back adds value to the share price.

Posted by LuckyHuatHuat > 2019-10-13 20:02 | Report Abuse

For short term maybe yes. But for long term, dyson will think of ways to sell more vacuums to recover back the loss. Since they will focus more on household products for now, more orders to ATA.

Posted by Wellwisher1010 > 2019-11-18 10:16 | Report Abuse

Dyson have awarded many new projects to ATAIMS. They have also signed new contract with oversea customers. Fast growing company in Johor bahru.

Posted by Wellwisher1010 > 2019-11-18 10:56 | Report Abuse

ATAIMS to announce their new products and new customers by this week.

Target price $2.00

Posted by Wellwisher1010 > 2019-11-18 13:27 | Report Abuse

tualp , Now you have done the research well, agreed to the above statement!

Posted by perangbrown > 2019-11-18 15:57 | Report Abuse

pegged at a forecast financial year 2021 (FY21F) price-earnings ratio of 14 times after reducing our FY20 to FY22 forecasts by 5% as we adjusted our margin assumptions in line with guidance.

We attended ATA’s first quarter (1Q) of FY20 results briefing and came away with some key highlights.

Its 1QFY20 core profit came in at RM25 million, lower by 20% year-on-year (y-o-y) despite revenue soaring 45%, attributable to lower efficiency and productivity amid the festive season, newer models having higher material contents and higher start-up costs associated with new assembly lines.

t_nike2002

370 posts

Posted by t_nike2002 > 2019-11-20 16:34 | Report Abuse

Don't buy ATAIMS, top 30 shareholders of ATAIMS hold 84.13% of the company's shares, so the stock market circulation is small and SUBJECT TO MANIPULATION.

robot888

96 posts

Posted by robot888 > 2019-11-20 16:35 | Report Abuse

already cornered stock. No point plating them,

Patrick13

1,971 posts

Posted by Patrick13 > 2019-11-21 11:42 | Report Abuse

Sold at 1.74 and lock profit.

Albukhary

3,042 posts

Posted by Albukhary > 2019-11-22 01:43 | Report Abuse

Black Horse

Posted by Wellwisher1010 > 2019-11-22 12:34 | Report Abuse

ATAIMS have announced yesterday in their Quarterly Result Review Meeting that big increase in their both profit and revenue compared to last quarter.

They have also secured new business from Canada and USA. Product launch expected in 1st quarter of year 2020.

Posted by PaulNewman > 2019-11-23 10:02 | Report Abuse

Latest quarterly earnings have been reflected in the share price pre announcement. Hence, there was no big gap up yesterday. Valuation seems rich at this P/E.

msart

20 posts

Posted by msart > 2019-11-25 00:56 | Report Abuse

ATAIMS-one of the stock to be added on the list. Long term-especially 2020/2021 onwards.current price : 1.72 , 25/11/2019.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2019-12-03 15:20 | Report Abuse

ATA with 2 consecutive qtr increase profit also not moving..

Posted by Wellwisher1010 > 2020-03-03 16:44 | Report Abuse

Obviously, towards year end last quarter will be slow for Christmas and New Year, following to Corvid 19, a little jerks. But with new models and increase of qty will move to better position now.

Posted by QuartzWilly > 2020-03-03 17:17 | Report Abuse

buy or sell?

Posted by andychin8888 > 2020-03-13 11:03 | Report Abuse

tp0.80

Posted by andychin8888 > 2020-03-18 13:12 | Report Abuse

wow trading volume so freaking low

Posted by andychin8888 > 2020-03-19 14:13 | Report Abuse

already loss almost 50%. better be prepare

apolloang

18,163 posts

Posted by apolloang > 2020-03-19 16:12 | Report Abuse

limit down like prg? hahaha

Posted by Wellwisher1010 > 2020-03-21 08:19 | Report Abuse

Are you aware that ATA or Dyson can file defamation charges on you for damaging the reputation or group by saying or writing bad things about them that are not true ?

Posted by BullRUN2021 > 2020-03-24 15:36 | Report Abuse

ata 60% disc dy, you still waiting? At most can drop another 10% only, nothing much to fear

Posted by BullRUN2021 > 2020-03-24 15:36 | Report Abuse

USA already say they will print money gao gao, but downside is if malaysia mco another 1month

Posted by BullRUN2021 > 2020-03-24 15:37 | Report Abuse

China production up already, no more supply chain issue

investmalysia

1,454 posts

Posted by investmalysia > 2020-03-25 18:47 | Report Abuse

You mean 50k shares? 50 lots is 5k shares only

Posted by BullRUN2021 > 2020-04-08 11:35 | Report Abuse

Why habis? I earning handsome return trading this stock

Posted by BullRUN2021 > 2020-04-08 17:31 | Report Abuse

Dah lari ke RM1 kalau xbeli ni

Posted by Wellwisher1010 > 2020-04-12 17:46 | Report Abuse

10 April 2020 : ATA Industrial (M) Sdn Bhd telah dibenarkan untuk beroperasi dalam tempoh PKP.

Jengacam2

523 posts

Posted by Jengacam2 > 2020-04-13 14:57 | Report Abuse

nx 2 qr will negative..no rush

Posted by BullRUN2021 > 2020-04-14 11:13 | Report Abuse

Baby Shark now happy. Next QR should be ok, if anything is priced in. If next FY does not recover, then ATA will drop more.

Posted by Wellwisher1010 > 2020-04-14 23:49 | Report Abuse

As an investor, it is at least worth your time to listen to what everyone is saying and wonder: Can they all really be right?

For your information : ATA IMS is ready with a clear plan of how they are going to go about working toward to overcome the challenges of the current situation. 

More likely this counter will not see lower price anytime soon.

Posted by BullRUN2021 > 2020-04-15 09:19 | Report Abuse

Thanks for the run up, will buy back if there's a drop. However, I still think ATA is safe, but my cpital will deploy to other undervalued stocks.

k6ii

1,873 posts

Posted by k6ii > 2020-04-16 16:36 | Report Abuse

Baby Shark...today siapa win? seller or buyer?

k6ii

1,873 posts

Posted by k6ii > 2020-04-17 11:03 | Report Abuse

today buyer stong

Posted by BOBOINDIAN > 2020-04-17 12:48 | Report Abuse

u all really no read new about ata recent issue?

k6ii

1,873 posts

Posted by k6ii > 2020-04-17 13:51 | Report Abuse

BOBOINDIAN : what is the news recently? I am new in this stock....

Posted by plasticdude89 > 2020-04-17 14:05 | Report Abuse

The news from The Star?

Posted by newcomer1388 > 2020-04-29 12:44 | Report Abuse

please dont create unnecessary panic ok... company so strong

Posted by plasticdude89 > 2020-04-29 20:49 | Report Abuse

Baby Shark, can share how share how to make 500k in ATA. This counter only briefly touched above 1.2 to a high of 1.25 and daily volume is relatively low (below 1 million daily). Appreciate sifu share some insights.

Posted by plasticdude89 > 2020-04-29 21:25 | Report Abuse

But Sifu Baby Shark, only on 17/4 and 20/4 it was at 1.2 above and based on volume chart the amount don't tally. Sifu off market trade ah? 500k good gain. Happy for you

Baby Shark

5,931 posts

Posted by Baby Shark > 2020-04-29 21:42 | Report Abuse

Yes off market.. wakakaka

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