Posted by ipohwhitecoffee > 2021-11-25 11:09 | Report Abuse

From 2.60 to 0.82.

RIP fellow ATAians.

Posted by Patrick13 > 2021-11-25 11:09 | Report Abuse

Just wonder, if this new is true, why 2 directors acquired shares yesterday?

Posted by Niubility > 2021-11-25 11:10 | Report Abuse

ho ho ho

Posted by Apple2353 > 2021-11-25 11:10 | Report Abuse

i bought some VS today

Posted by mak_kau_hijau > 2021-11-25 11:10 | Report Abuse

pastor calvin, ang moh doing exorcism against palm oil also, price no movement maybe because of it

Posted by Legend > 2021-11-25 11:12 | Report Abuse

Siapa sangkut....bawa bertenang...sila berfikir cara rasional...ramai yang masih sayang.

Posted by calvintaneng > 2021-11-25 11:12 |

Post removed.Why?

Posted by CharlesT > 2021-11-25 11:13 | Report Abuse

Posted by ipohwhitecoffee > Nov 25, 2021 11:09 AM | Report Abuse

From 2.60 to 0.82.

RIP fellow ATAians.

Dyson contributes ard 80% of their biz? Then 20% X 2.60=0.52

Posted by TA_BULLPLAY > 2021-11-25 11:14 | Report Abuse

https://klse.i3investor.com/blogs/tabullplay/2021-11-24-story-h1594641852-ATAIMS_waterfall_Where_s_the_bottom_EFORCE_Good_Trend_US_BAC_ZYNGA_Tech.jsp

Posted by CharlesT > 2021-11-25 11:14 | Report Abuse

Another limit down tmr

Posted by Yu_and_Mee > 2021-11-25 11:14 | Report Abuse

EMS profit margin less and higher risk due to dependency on major customer.

Posted by denniszzbl > 2021-11-25 11:16 | Report Abuse

perhaps there may be some technical rebound after another round of selldown then it may stabilise

Posted by shareprofit > 2021-11-25 11:16 | Report Abuse

director buy a tiny little bit shares to boost confident, but ppl voting with their feet

Posted by Winer21 > 2021-11-25 11:17 | Report Abuse

Today close 1.05c

Posted by investortrader88 > 2021-11-25 11:18 | Report Abuse

I have ataims.skp .vs

Posted by whizzkid > 2021-11-25 11:18 | Report Abuse

VS on the go...possibly limit up

Posted by davors > 2021-11-25 11:20 | Report Abuse

ATAIMS koyak...
SKPRES happy...

Posted by SCK82 > 2021-11-25 11:20 | Report Abuse

hold tight, rebound soon

Posted by Michael Kwok > 2021-11-25 11:21 |

Post removed.Why?

Posted by bobochacha > 2021-11-25 11:22 | Report Abuse

oh.. so dyson officially terminate ataims contract due to labour practises, mean another force labour issue. most company in malaysia have force labour issue one, when you come here , you dont know meh

Posted by nightfly > 2021-11-25 11:24 | Report Abuse

Told u last week , better bet on VS and Skp

Posted by imvu > 2021-11-25 11:26 | Report Abuse

besok hijau ?

Posted by AJJ899 > 2021-11-25 11:26 | Report Abuse

Huiyooo terus limitdown sekelip mata

Posted by Santiago > 2021-11-25 11:29 | Report Abuse

besok anoter limit down laa

Posted by nightfly > 2021-11-25 11:29 | Report Abuse

Tomorow another round limit down to 0.50

Posted by investortrader88 > 2021-11-25 11:29 | Report Abuse

Now skp & Vs going up very fast.

Posted by investmalaysia7777 > 2021-11-25 11:29 | Report Abuse

80million shares waiting to dispose

Posted by HeLLo Cannot (=^x^=) > 2021-11-25 11:30 | Report Abuse

Dyson has terminated its relationship with supplier ATA IMS Bhd following an audit of the Malaysian company's labour practices and allegations by a whistleblower.

According to ATA, Dyson accounts for almost 80% of its revenue.

Good luck guys.

Posted by investortrader88 > 2021-11-25 11:30 | Report Abuse

Hope my vs & skp limit up .my ataims limit down.2-1=1

Posted by gghaha > 2021-11-25 11:34 | Report Abuse

wait another limit down day then only consider to play play...:)

Posted by investmalaysia7777 > 2021-11-25 11:34 | Report Abuse

RIP

Posted by jonathanhui > 2021-11-25 11:34 | Report Abuse

24 Nov 2021 DATUK BALACHANDRAN A/L GOVINDASAMY acquired 200,000 shares

Posted by goodiewilly > 2021-11-25 11:34 |

Post removed.Why?

Posted by bobochacha > 2021-11-25 11:35 | Report Abuse

there goes another legend in stock market !

Posted by mak_kau_hijau > 2021-11-25 11:35 | Report Abuse

jonathanhui, your emotion, keep it & no need to display it to the public....

Posted by hoesong > 2021-11-25 11:36 | Report Abuse

collect..

Posted by goodiewilly > 2021-11-25 11:39 | Report Abuse

24 Nov 2021 FOO CHEE JUAN (300,000 units Acquired)

This Singaporean Foo must be a fool..he should see all glove counters got labour issues, especially Supermax, just banned by UK.
If ATA under labour audit, he must immediately try all ways to resolve it, at least Dyson is not a listed company and may be able to settle it if hardship to improve labour conditions are seen.

Now all hardship over the years are gone overnight, i doubt Foo has been much benefited as compared to his loss now.

VS big factory and buildings are waiting for Dyson. May be all labour to move to VS and SKP to work too.

ATA be 0.50 tomorrow lor

Posted by Citadel123 > 2021-11-25 11:39 |

Post removed.Why?

Posted by Stockhunter88 > 2021-11-25 11:40 | Report Abuse

Told you guys right, 80 cents is the bottom

Posted by Citadel123 > 2021-11-25 11:40 | Report Abuse

if he promote this counter he will hide and run

Posted by Cheah5555 > 2021-11-25 11:41 | Report Abuse

Dont catch the falling knife, it is possible of bad news from Dyson !

Posted by Citadel123 > 2021-11-25 11:41 | Report Abuse

Jonathan loss until crazy???

Posted by jutawansenyap > 2021-11-25 11:42 | Report Abuse

Habisss...Later akan ada report lagi labour issue.

Posted by jutawansenyap > 2021-11-25 11:43 | Report Abuse

Other listed company also may get involve. Oh malaysiaku

Posted by Niubility > 2021-11-25 11:44 | Report Abuse

wah fund jump boat to VS and SKPRES

Posted by mak_kau_hijau > 2021-11-25 11:45 | Report Abuse

it is a speculation swing, better run fast fast to lock profit

Posted by gemfinder > 2021-11-25 11:47 |

Post removed.Why?

Posted by stainlyho37 > 2021-11-25 11:47 | Report Abuse

don't you see that the operators play out the game !!!...better hold your bullets ..not jump into VS/SKP with news....

Posted by Citadel123 > 2021-11-25 11:48 | Report Abuse

speculate only , why so serious

Posted by kentrade888 > 2021-11-25 11:48 | Report Abuse

November 25, 2021 https://www.reuters.com/business/exclusive-dyson-terminates-relationship-with-malaysian-supplier-ata-over-labour-2021-11-25/
11:33 AM +08
Last Updated 12 minutes ago
Business
EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns
By A. Ananthalakshmi





3 minute read
A Dyson logo is seen on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo
A Dyson logo is seen on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo

Register now for FREE unlimited access to reuters.com

Summary
Workplace audit, whistleblower allegations led to termination
ATA already under U.S. investigation over labour practices
Shares in ATA plunge 30%
KUALA LUMPUR, Nov 25 (Reuters) - Dyson has terminated its relationship with supplier ATA IMS Bhd (ATAI.KL) following an audit of the Malaysian company's labour practices and allegations by a whistleblower, the firm famed for its high-tech vacuum cleaners told Reuters.

ATA, which is already being investigated by the United States over forced labour allegations, did not have an immediate comment. It has previously denied such allegations.

Shares in ATA, which makes parts for Dyson's vacuum cleaners and air purifiers, tumbled 30% to their lowest since April 2020 after the Reuters report. According to ATA, Dyson accounts for almost 80% of its revenue.

The termination is also a significant blow for Malaysia, a key electronics manufacturing hub that has faced scrutiny this year over exploitation of foreigners who make up a large share of its factory workforce.

Dyson, privately owned by British billionaire James Dyson, said it received the results of an audit of working conditions at ATA in early October. It said it had learned in September about allegations from a whistleblower at an ATA factory and had commissioned a law firm to investigate those claims.

"Despite intense engagement over the past six weeks, we have not seen sufficient progress and have already removed some production lines," Singapore-headquartered Dyson said in a statement to Reuters. "We have now terminated our relationship with six months' of contractual notice. We hope this gives ATA the impetus to improve, and enables an orderly withdrawal in the interests of the workers that they employ."

ATA had in May denied allegations of forced labour at its factories after a prominent rights activist said U.S. authorities were going to scrutinise the company's work practices.

The activist, Andy Hall, shared a letter the U.S. Customs and Border Protection (CBP) had sent him informing him it had agreed to investigate an ATA unit after he flagged complaints received from workers.

The CBP has not commented on the investigation.

The CBP has banned six Malaysian firm in the last two years from selling their products to the United States after finding evidence of forced labour.

In July, the U.S. State Department put Malaysia on a list with more than a dozen countries including China and North Korea, saying it had not made progress in eliminating trafficking of workers.

Most migrant workers in Malaysia come from Bangladesh and Nepal, and are employed in factories, plantations and construction sites.

ATA 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.