Posted by Calvin882 > 2021-11-26 13:04 | Report Abuse

This is the reality of stock market. The stock may looks strong and well supported but it may change everything with just one negative news. But losing a major customer and allegation on ESG issue is really bad. Lesson to this is have to really do enough due-diligence on the company's ESG performance. ESG is getting more important than the financial performance of the company now.

Posted by Calvin882 > 2021-11-26 13:08 | Report Abuse

Dyson is an international brand. Customer willing to pay premium price for quality product. Don't think they can afford to be labelled as a company supporting forced labour. Reputation is more important than anything for company like Dyson.

Posted by Calvin882 > 2021-11-26 13:11 | Report Abuse

They should settle the allegation first before thinking of getting back Dyson as their customer. Or else unfortunately they have to target other markets which ESG matter is not a priority with lower margin of course.

Posted by prince4 > 2021-11-26 13:14 | Report Abuse

dyson all part manufacturing in malaysia lah ...find new company produce part also difficult lah in short time...find new company need build factory and machines also need one two year will impact dyson own lah... later dyson and ataims will discussion to improve worker benefit the collaboration still ongoing lah.... if ataims stop the supply manufacturing part the VS skpres all also shortage part in manucfacturing also impact both company and dyson own lah...

Posted by gemfinder > 2021-11-26 13:19 |

Post removed.Why?

Posted by prince4 > 2021-11-26 13:20 | Report Abuse

this situation same lah past time inari also like that apple contract lose some of you that time panic sell undervalued below 1.00...inari also negotiation with apple.. hahaha now still ongoing productions ...inari 4.20

Posted by Stockhunter88 > 2021-11-26 13:25 | Report Abuse

I always wonder in such situation, who are the buyer in at open trading 9:00

Posted by kseng_99 > 2021-11-26 13:36 | Report Abuse

just wonder is the company hr manager had been fired

Posted by HamsterHuat > 2021-11-26 13:55 | Report Abuse

you think Company HR Manager got power meh? it more like the Owner who is skimpy on Welfare...Safety.....SOP fees ...thus create such situation now.

Posted by Noni > 2021-11-26 14:07 | Report Abuse

Right or wrong already no matter. Share price already down badly and investors are hurting, except those who solddown 1 week ago.

Posted by Fklim888 > 2021-11-26 14:11 | Report Abuse

Jgn main api...

Posted by kseng_99 > 2021-11-26 14:49 | Report Abuse

hr manager should be slaughter in order to cooldown investor anger , the story had been started during 2019 according to andy hall statement ,there is around 2 years dyson had been notified on this ,and yet they still not taking action , it is impossible that dyson won't inform them right ? ,if already inform them 2 years they can do at least something right?

Posted by Lucifer999 > 2021-11-26 15:12 | Report Abuse

err because when fire hasnt spread to us we malaysian usually will minum and rilek dulu..burnt baru kelam kabut lol

Posted by Lucifer999 > 2021-11-26 15:12 | Report Abuse

and many thought they can benefit from disaster...LOL

Posted by Beetles > 2021-11-26 15:24 | Report Abuse

Ataims should hold Dyson 同归于尽, stop their production line immediately. And drag their end customer in swim together. Then they will learnt the lesson

Posted by dompeilee > 2021-11-26 15:24 | Report Abuse

Without Dyson, looks like they'll go back to the mediocre valuation of predecessor Denko.

Posted by NatsukoMishima > 2021-11-26 15:27 | Report Abuse

@goodiewilly Cheeyong, we are on same boat. I got xxxK shares due to early key in and sudden striked and not able to sell at 0.82.
I have sleepless night and i keyed to sell at 0.52 this morning to cut loss.
I sold all these morning at 0.52 and loss a Proton X50.

____________

U are doing the right choice at right time because u will lose 2 proton x50 next week if still dreaming for rebound ! 10 sens coming , EU policy is to shift 50% products orders from SEA to europe ! All EMS will be play around by forced labour excuse !

Posted by Zackmeiser > 2021-11-26 15:32 | Report Abuse

I am more concern of its debt. Plunging share price hard to raise capital from PP. but if it reaches 0.2 probably a good buy.

Posted by cheeyong > 2021-11-26 15:35 | Report Abuse

i not dare to sell adready loss too much, i will average down if it can go down to 20 sen... and oni wait few years to recover as long as ata not close shop..

Posted by oskchoon > 2021-11-26 15:46 | Report Abuse

Good news, many research houses have downgraded low TP for Ataims from 0.52 to 0.62, this is more realistic figure, based on Ataims NTA of 0.67..

Posted by oskchoon > 2021-11-26 15:49 | Report Abuse

Come to worst, Ataims just saving cost by reducing manpower and concentrate on other business besides Dyson production lines, bearing in mind that Ataims have RM 330 millions cash on hand to sustain the business...

Posted by oskchoon > 2021-11-26 15:52 | Report Abuse

As long as Ataims have the factories, equipment and raw materials, it can easily get new business with lower profit margins, and businesses will pick up after one to two years time, then share prices can reverse back like before the crisis.

Posted by oskchoon > 2021-11-26 15:58 | Report Abuse

If today close limit down. 3rd day limit down price same as today. 4th day back to normal.

Posted by oskchoon > 2021-11-26 16:00 | Report Abuse

No hurry to buy, you have today and tomorrow to buy LD price 0.52, however if any positive reply from Dyson or Ataims, then you can't buy below 50 sens anymore.. trade cautiously.

Posted by oskchoon > 2021-11-26 16:05 | Report Abuse

One more thing, Ataims already liaise this forced labour allegations issues to our ministry of labour ministry of Human Resource plus Suhakum to deal with ILO, any announcements will be made to the public..

Posted by oskchoon > 2021-11-26 16:07 | Report Abuse

I am sure our Malaysian government will never ILO joined hands with foreigners to bully and damage our country's reputation..

Posted by joseph > 2021-11-26 16:15 | Report Abuse

250 drop to 50c already drop 80%

Posted by Roy 8 > 2021-11-26 16:16 | Report Abuse

Buying a company's shares with one or two major customers is a risky proposition. ATA is one good classic example. Any unfavourable action taken by one customer will be a major disaster in the making.

Posted by oskchoon > 2021-11-26 16:17 | Report Abuse

Did you noticed that Ataims price is so low compared with the high prices of SKP and VS, it is better to invest in a EMS company that is established and experienced...

Posted by oskchoon > 2021-11-26 16:19 | Report Abuse

When prices are extremely high, the downside is more, and you buy Ataims below 50 sens, the capital gains is tremendous high..

Posted by oskchoon > 2021-11-26 16:21 | Report Abuse

As long as you don't buy into a company cannot produce yearly report or auditors having doubt in the company financial mismanagement issue like Serbadk or SCIB, then the risks is very high to buy..

Posted by oskchoon > 2021-11-26 16:24 | Report Abuse

Look at Top Glove or Supermax having forced labour allegations issues, but today their prices shoot up like nothing, once Ataims forced labour issues suddenly resolve, then perhaps you have to buy above RM 1.00 and not below 50 sens..

Posted by mcheat > 2021-11-26 16:26 | Report Abuse

The NGOs nonsense are at it again. As Malaysian, i think we should stop buying from these international brands which did not do their own investigation and rely on botch media for their info on labour conditions in Malaysia....... First it is our glove makers, then this....not to mention the lies on other countries

The final results will be, without a job here on in their own country, these foreign workers will be sent back and suffer!!!

Posted by silverwind > 2021-11-26 16:27 | Report Abuse

top glove took 1 year to resolve the forced labor issue, and after ATAims able to solve it, Dyson already gone, and those machinese and raw materials what they are going to use to make into?

Posted by oskchoon > 2021-11-26 16:33 | Report Abuse

Dyson is the only home appliances manufacturer, there are so many home appliance companies in the world, as long as as asking for low profit margins, there are plenty of manufacturers ready to give contract to Atamis, now may be a better chance for Ataims to explore other manufacturers from different countries including China, Japan, Korea or even..

Posted by oskchoon > 2021-11-26 16:34 | Report Abuse

Dyson is not the only home appliances manufacturer in the world..

Posted by limlaopeh > 2021-11-26 16:34 | Report Abuse

Glove counter can recover your lossess

Posted by oskchoon > 2021-11-26 16:35 | Report Abuse

Ataims is one of three best EMS companies listed in Bursa and the best business practice even in whole Asia..

Posted by kl2318 > 2021-11-26 16:36 | Report Abuse

All Malaysian companies that hire foreign workers are in the same sampan until sort out foreign workers' recruitment costs/ debt bondage issues.

Posted by oskchoon > 2021-11-26 16:37 | Report Abuse

EMS machinery can be used in many type of industries it is only how much profit margin you can get as a OEM..

Posted by oskchoon > 2021-11-26 16:45 | Report Abuse

Ataims LD down due to media and weak panic sellers or hot money operators, because they sold on first day LD at 0.82, then they can sell for 30 % profit today and next Monday, so no hurry to buy, wait for 3 to 4 days, because these hot money operators must pay on t plus 2 payment day..

Posted by oskchoon > 2021-11-26 16:55 | Report Abuse

The only way to stop the hot money operators manipulating the Ataims price is don't rush in to buy, because who ever bought yesterday at 0.82 must pay on Monday or Tuesday with cash, so they might forced to sell you at very low prices or LD of 0.22 or higher on Tuesday, just be patient, it is a good long-term investment if you can buy at 22 sens to 30 sens a share on Tuesday.

Posted by prince4 > 2021-11-26 16:58 | Report Abuse

Your all investor silly lah queue at 52c parking sell ... if you all don't want losses money must cooperate remove the queue let the share price moving ... no moving everybody cannot in out sure all will loss money lah...

Posted by oskchoon > 2021-11-26 17:00 | Report Abuse

Remember, next Tuesday limit down price is 0.22, so don't need to buy, let the panic sellers suffer as they like to manipulating the share prices for some bad news..

Posted by Blacksails > 2021-11-26 17:03 | Report Abuse

I think the price will stop at around 30 sen tomorrow and could be good buy for long term ie 6-12 months investment...

Posted by oskchoon > 2021-11-26 17:04 | Report Abuse

Believe me, any one who is buying next Tuesday LD price of 0.22, you can keep it as long term investment because Ataims company worth 0.67 sens per share and you got the share at big discount of 47 sens, double you buying capital isn't it wonderful, it is a Christmas sale..

Posted by NatsukoMishima > 2021-11-26 17:04 | Report Abuse

Wow this time dyson issue + covid 19 KING mutations = ataims below 10 sens !
Look at other good profits ems stocks already drop like hell , next week will be worse if USA drop 1000 points !

Posted by NatsukoMishima > 2021-11-26 17:07 | Report Abuse

@prince4 Your all investor silly lah queue at 52c parking sell ... if you all don't want losses money must cooperate remove the queue let the share price moving ... no moving everybody cannot in out sure all will loss money lah...

___________________

Pls dont further more losses to innocent bilis , cut loss buy back below 10sens maybe can help !

Posted by imvu > 2021-11-26 17:19 | Report Abuse

hari ni banyak kaunter lain oversold menarik tertarik ..

Posted by oskchoon > 2021-11-26 17:19 | Report Abuse

If Ataims one day down to 10 sens, everyone will be happy to own some, it is like merry Christmas.