Posted by gohkimhock > 2021-11-25 13:50 | Report Abuse

沒有最低, 只有更低..

Posted by Lucifer999 > 2021-11-25 13:50 | Report Abuse

really abah also cannot help you ady lol

Posted by Hotstuff > 2021-11-25 13:51 |

Post removed.Why?

Posted by Lucifer999 > 2021-11-25 13:51 | Report Abuse

buy and will trap 9 u long long lol

Posted by Armanhashim > 2021-11-25 13:53 | Report Abuse

remind me to serba ..

Posted by Michael Kwok > 2021-11-25 13:53 | Report Abuse

Its PH people who made the reports.A rushing reports tht made many malaysian lost big in these shares.Its killing the investors.Last time Serba and related.Before tht was glove.Now Ataim.
These selected members go to made complain to the state.My goodness.Over rm 50 billion gone.
Suggestion,
I)Go the made complain with the area YB and MP
II)Talk to the management first to highlight the problems.
III)Negotiate for solutions

Posted by limlaopeh > 2021-11-25 13:53 | Report Abuse

We have to accept the fact that, foreign labour worker cant be treated the same way as domestic worker, thats what they signed up for, they wouldnt have come to Malaysia if they cant accept the risk and reward, this is the system that have worked for years, our country depend on foreign workers, we are dependent, fundamentally on cheap foreign workers, otherwise, we cant compete

Posted by goodiewilly > 2021-11-25 13:57 | Report Abuse

why Reuters never interview Foo in Singapore, yet they interview Dyson Singapore ??

ATAIMS, be an example to all big Malaysian Companies employed foreign workers to take good care for them. How a wish of Malaysian workers to stay in 3 star hotel facilities' hostels provided for foreign workers.

Posted by TedTock > 2021-11-25 14:00 | Report Abuse

This isn’t about reliance on foreign labor. This is about labor abuse. If we think both are the same, then our companies deserve this.

Posted by Michael Kwok > 2021-11-25 14:01 | Report Abuse

PH means Pakatan Harapan people.The opposition group led by Anwar.How there go to manage the country if win,if such complain(act of rushing without thinking of others) lead to over 100k of investors lost big by average at least rm100k of money or total over rm 50 billion of money.

Posted by jutawansenyap > 2021-11-25 14:03 | Report Abuse

Who claim already warn labor issus bla bla bla also got trapped at other counter.

Ataims not penny counter.They already clarify not abusing workers and britain tabloid already say sorry to them few months ago.

Despite yesterday is a rebound volume plus owner and director also bought back.

Fundamentally is good.
Technically is good.

But sudden news, trigger selling.

It is just like announcement tomorrow is war, all the bursa counter in 5 minutes go limit down.

Posted by SCK82 > 2021-11-25 14:07 | Report Abuse

I make a brave move hentam buy at 0.82 1,000,000. Rm 820 K. Using margin. If it continue drop, mean the rest of my life, I need to work with BANK, to pay interest, If It rebound, mean another big steps to my early retirement. 一将功成万骨枯

Posted by goodiewilly > 2021-11-25 14:09 | Report Abuse

SCK82, hero you

Posted by weisheng1998 > 2021-11-25 14:11 | Report Abuse

high chance he climb KLCC tmr , this company around 80%++ profit if from Dyson

Posted by Stockhunter88 > 2021-11-25 14:11 | Report Abuse

Happy now?

Posted by goodiewilly > 2021-11-25 14:12 | Report Abuse

sck82, Foo just finished meeting with bankers, tomorrow buys in all those who throw at 0.82 using margin and pledge his belongings, he will then push it back to 1.20.

You shall make quick moneys not even touch your margin.

Good Luck..

Posted by mf > 2021-11-25 14:16 | Report Abuse

Noor Hisham Abdullah
4168Sh1p9i7s7cud909 ·
Pada 25 November 2021, jumlah kes COVID-19 yang dilaporkan adalah 6,144 kes menjadikan jumlah kumulatif sebanyak 2,608,979 kes.
Maklumat terperinci akan dimuatnaik ke laman COVIDNOW: https://covidnow.moh.gov.my
Data setiap hari bagi laman COVIDNOW adalah dikemaskini sekaligus selepas tengah malam.

Posted by Legend > 2021-11-25 14:18 | Report Abuse

Kenapa sapu ini hari....tunggu esok la.

Posted by TedTock > 2021-11-25 14:20 | Report Abuse

Anyway, i think this issue is fixable. It’s not as bad as cooking the books.

Posted by dompeilee > 2021-11-25 14:27 | Report Abuse

OMG limit DOWN...was actually tempted to tikam but decided last minute not to...lucky!

Posted by dompeilee > 2021-11-25 14:29 | Report Abuse

Formerly a junk stock called Denko. Now looks like it will go back to denko's original price of 10c

Posted by shpg22 > 2021-11-25 14:30 | Report Abuse

Sue dyson for breach of contract. Most probably their sales took a dive as evident from the owner have to sell his multimillion condo in sg and resorted to this kind of dirty tactic.

Posted by Risk Trader > 2021-11-25 14:31 | Report Abuse

Fair Value for ATAIMS is 50 cent based on revenue will drop 80% for next QR

Posted by goodiewilly > 2021-11-25 14:41 |

Post removed.Why?

Posted by jasonor > 2021-11-25 14:54 | Report Abuse

this morning 2 am i ady come to comment ady ma... who so dare to buy-in this morning really laugh die me. hahahhaa

Posted by goodiewilly > 2021-11-25 14:55 | Report Abuse

What is 30 major shareholders names ? See anyone owned under Margin ?

Posted by gohkimhock > 2021-11-25 14:57 | Report Abuse

Dyson might get suppliers outside Malaysia, where foreign labour is not an issue. Example Vietnam or Indonesia, all are locals..

Posted by jutawansenyap > 2021-11-25 14:59 | Report Abuse

ALL IN 28cents!!!

Posted by keown83 > 2021-11-25 15:12 | Report Abuse

any potential client ATA IMS can get into the pipeline in this instance? i think this will spell doom to their awesome QR to QR prediction in the future

Posted by jutawansenyap > 2021-11-25 15:14 | Report Abuse

Can get new client coz EMS technology is very huge potential and demand over than supply. But not too soon.

Posted by keown83 > 2021-11-25 15:15 | Report Abuse

i think its time now for manufacturing companies in Malaysia to seriously considering implementing ESG to the fullest..no more trying to cut cost on labour by hiring foreigns..its time to embrace minimum wage & hiring locals

this 'G' in ESG can get any super company into serious trouble

Posted by PATIKAYA > 2021-11-25 15:22 | Report Abuse

Cheap become cheaper

Posted by imvu > 2021-11-25 15:23 | Report Abuse

jadi melantun ke tak jadi melantun besok ?

Posted by TanChinku > 2021-11-25 15:26 | Report Abuse

ESG, is began with gloves the plantation now E

Posted by divar21003 > 2021-11-25 15:26 | Report Abuse

happy birthday to harry teo bring people to land of Holland

Posted by newbie8080 > 2021-11-25 15:27 | Report Abuse

Wow, Dyson contract represent 80% of the annual revenue.

The company should be proactive in making sure no customer represents more than 30%.

A grave mistake by the senior management

Posted by Karlos > 2021-11-25 15:30 | Report Abuse

Fully support your idea keown83. Our companies with the support of some politicians are in complicit to get cheap foreign labour in preference to locals. Cheap and easy to exploit poor foreigners and this been going for so long already. Must put to a stop. These companies are greedy and the politicians are corrupt.

Posted by goodiewilly > 2021-11-25 15:31 | Report Abuse

he Board of Directors wishes to announce that ATA Industrial (M) Sdn Bhd (“ATAIM”) has received the notices of termination on 24 November 2021 at 5.30pm from Dyson Operations and Dyson Manufacturing in respect of the following contracts (the “Contracts”):



1. The Contract Manufacturing Agreement dated 15 October 2020 between Dyson Operations and ATAIM;

2. The Agreement for the Supply of Goods and Services dated 1 March 2013 between Dyson Manufacturing and ATAIM; and

3. the Framework Agreement for the Supply of Goods (Tooling) dated 17 June 2009 between Dyson Manufacturing and ATAIM.



Dyson Operations and Dyson Manufacturing had issued the notices of termination without cause pursuant to the terms of the respective Contracts. The effective date of termination shall be 1 June 2022 (the “Termination Date”). Until the Termination Date, Dyson and ATA shall continue to fully perform their respective obligations under the Contracts. For ATA, this shall include continuing to manufacture and supply Products, Components and Tooling, and continuing to provide Services, for and on behalf of Dyson and its affiliates in accordance with the terms of the Contracts. The Board of Directors is taking advice on the validity of the notices of termination.



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. The Company confirms that prior to the receipt of the notices of termination, the Company had been in discussions with Dyson regarding the findings of the audit. The Company further notes that it had taken immediate steps upon being notified of the summary of the audit to engage Dyson in discussions and to engage professional advisers to assist the Company to review, verify and validate the findings of the audit.



Notwithstanding the receipt of the notices of termination, the Company will continue to actively look into the findings of the audit.



The Company will make further announcements at the appropriate junction.

Posted by goodiewilly > 2021-11-25 15:32 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3462113

Posted by goodiewilly > 2021-11-25 15:32 | Report Abuse

Dyson Operations and Dyson Manufacturing had issued the notices of termination without cause pursuant to the terms of the respective Contracts. The effective date of termination shall be 1 June 2022 (the “Termination Date”).

Posted by goodiewilly > 2021-11-25 15:32 | Report Abuse

without cause ???????????

Posted by goodiewilly > 2021-11-25 15:33 | Report Abuse

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 ??

Posted by Karlos > 2021-11-25 15:33 | Report Abuse

Nothing wrong having a big first class client or customer as your major customer but must make sure your company comply with accepted practices, not exploiting cheap poor foreign workers. ATA gets what it deserve to get!

Posted by newbie8080 > 2021-11-25 15:40 | Report Abuse

@Gley

But VS contract didn't represent 80% of the annual revenue.

Posted by goodiewilly > 2021-11-25 15:44 | Report Abuse

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

Posted by Karlos > 2021-11-25 15:45 | Report Abuse

Even if ATA has many other customers, all of them will stop their relationship as well. So no advantage if you do not comply with certain requirements.

Posted by goodiewilly > 2021-11-25 15:46 | Report Abuse

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.

Posted by goodiewilly > 2021-11-25 15:46 | Report Abuse

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.

Posted by goodiewilly > 2021-11-25 15:48 | Report Abuse

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

Posted by goodiewilly > 2021-11-25 15:49 | Report Abuse

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