ATA IMS BERHAD

KLSE (MYR): ATAIMS (8176)

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Last Price

0.29

Today's Change

-0.01 (3.33%)

Day's Change

0.285 - 0.30

Trading Volume

1,541,300


7 people like this.

7,432 comment(s). Last comment by xuxu 4 days ago

Keyman188

5,968 posts

Posted by Keyman188 > 2021-11-26 17:21 | Report Abuse

Amboi...belum sampai oversold keadaan...

Keyman188 predicted KLCI can visit 13xx soon...



wkwkwk...kekeke...hehehe...

Apple2353

2,002 posts

Posted by Apple2353 > 2021-11-26 17:21 | Report Abuse

Tuesday can buy already..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 17:24 | Report Abuse

Some guys already predicted Ataims can go below 10 sens, I told him, at that price, Ataims will buy all of it before you can buy..

Sunshine

95 posts

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

Above all, the MY govt and MMA should set the record straight with this silly Andy Hall person, doing non-solicited private investigation with little to no proof. If his claim was so right, tell all and name all..
In ATA's case, he may had just bite more than he could chew..and is now looking at the risk of over 1000 workers local and foreign loosing jobs. So he is putting blame on Dyson and demand them to own up. Why didnt he mention this in this report and back paddle now? Perhaps we all should report him to US CBP for illicot report and ask thst he be investigated so to give him a taste of his own medicine. Bummer!!

chowwei

444 posts

Posted by chowwei > 2021-11-26 17:29 | Report Abuse

ATAIMS 留下脚印 一起学习

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-26 18:15 | Report Abuse

so many people cannot sleep over this weekend..so do i.
Dow Future lost 800 points now, the whole Asia and Europe are red. No one can spare now.
Bursa may drop further.
Whoever holding ATMIMS, so long not margin and can hold longer, just hold to average down.

God blessed all

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 18:24 | Report Abuse

You won't be surprise at anytime Dyson will apologise for the misleading information given by ILO and have again continuing the same contract with Ataims, then what will happen to the share prices if you have bought it 50 sens, you will say, thanks
God blessing you bought the Ataims shares at very low price like 0.22 or less..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 18:26 | Report Abuse

Do average buy down model from 52 sens until it reaches 10 sens, you won't regret it as anything go down, one day will shoot up..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 18:30 | Report Abuse

At this moment, Ataims already engaged a reputable independent law firm to audit the Dyson report and soon will release good news to Ataims supporters, just be patient, buy low and lower prices and later sell high and higher prices, it is merry Christmas and happy new year 2022 for all Ataims supporters, some may buy expensive and some lucky ones will buy cheap from 10 sens to 52 sens..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 18:34 | Report Abuse

More than 10 years, Ataims started as Denko Industries, after M

Beetles

75 posts

Posted by Beetles > 2021-11-26 18:36 | Report Abuse

Ataims management also never panic why u all bilis panic.

iPlay

1,812 posts

Posted by iPlay > 2021-11-26 18:37 | Report Abuse

Dyson is not smart enough....... never learn from industry history.... end of the day Dyson is the loser.
Dyson is a high end home appliances brand...there are many more comparable home appliance manufacturers in the world... when you stop your supplies from your OEM, the OEM is forced to look for new partners, these new partners would most likely Dyson's lower end peers.... your are actually transferring your technology to the new partners thru ATA, which mostly are your lower end peers.... if the new partners are smart enough, they will further improve on your technology and overtake you from behind one day...you gave them the opportunities !!!

No worries ATA,
Option 1. Say ta ta to Dyson, divorce Dyson and look for a new partners. Dyson has no control over you after the divorce....... .

Option 2. Hold Dyson by the balls, Stop work today, stop supplying to Dyson, say that you are cleaning up the 'force labor', no labor to work.... though the contract says it ends June 2022. if you want your supplies, pay double the price, because you need to hire non 'cheap force labor'
I am sure the clause 'cheap force labor' is not in the contract, you are now terminated because of 'cheap force labor'.... stop work by tonight ! and tell Dyson of the impending short supplies !

The Chinese saying "one clap two disperse" "You celebrate on the First Day of the month, I celebrate on the 15th of the month". Both are auspicious days !!!


i will see you next year or two with double or triple of today's price !.... i dont know what price is the lowest, but not far from today's 52 sen !....
(I never hold any ATAIMS shares today, i will at the right timing)

hehehe

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 18:37 | Report Abuse

Ataims have the experts and good management team to take the company to present international business entity, so just don't give up easily due to some unwanted misleading report from ILO office, this country is ruled by Malaysian people not any foreigners, we Malaysians are one country and one people..

dompeilee

11,888 posts

Posted by dompeilee > 2021-11-26 18:38 | Report Abuse

After I eyed Denko @ 10c in 2009 but failed to commit, I have avoided it, especially when it became a start performer after 2017. A lot of buy high, sell higher & trend-following ppl have been hurt, including EPF, KWSP, Fidelity, GE Life etc. They can afford to stomach losses because IT'S NOT THEIR MONEY...but can ordinary investors?

Raiz368

1,602 posts

Posted by Raiz368 > 2021-11-26 19:10 | Report Abuse

Monday what price to be open ?

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-11-26 19:13 | Report Abuse

Guys Monday confirm safe.. Lim peh gelenti it will not drop

Posted by michaelgohmox > 2021-11-26 19:20 | Report Abuse

Monday confirm no drop, cause suspend one day no trade

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 19:28 | Report Abuse

Malaysia Minister of Human Resource will initial investigation into ataims forced labour allegations by Dyson for it to terminate the contract, cos more than 1000 locals might lose their jobs after June 2022 and also why ILO is closely watching Malaysia as we the government to look after the welfare of foreigners working in Malaysia..

ivanlau

1,388 posts

Posted by ivanlau > 2021-11-26 19:43 | Report Abuse

If u know the meaning of " indian talk " u will know the answer........

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 19:46 | Report Abuse

The answer to the foreigners is either you lose your job or complain some more to ILO and get the sacking from the affected company..

limlaopeh

416 posts

Posted by limlaopeh > 2021-11-26 19:46 | Report Abuse

Hoping that the price will not drop lower is a type of wishful thinking, dont let the fallacy fool you

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 20:03 | Report Abuse

Whether it is now 0.52 or drop later to 0.10, it is a value buy as Ataims is a international reputable EMS company, the future prospects is intact and excellent, hopefully everyone will be rewarded for holding the shares whatever the prices..

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-26 20:40 | Report Abuse

Remember 3 years ago when Dyson pulled out orders from VS ? VS price dropped badly to 0.60 from RM1.80 (or above RM2.00), while Dyson accounted for their turnover of about 25%. Those orders pulled out from Dyson was given to ATA. At that time, VS was so hardworking in sending his teams to US and Europe to look for new customers to replace the loss of Dyson and at the same time to fill up its additional capacity for its new factories (which was built for Dyson for expanding orders few years ago). At that time, Dyson just pulled out orders only, without terminating VS, and still give some little orders to VS to build and maintain their partnership relationship. Most investors loss moneys if they cut their loss at that time.

Now ATA with Dyson relationship were TERMINATED and its turnover for Dyson accounted for 80%. The drop from 1.20 to 0.52 or worse ? (the dropped from 2.50 to 1.20 was so called due to low utilisation of man power and yet shortage of man power with 60% utilisation and first time made loss in QR reporting).

Is ATA as capable as VS to look for new customers while VS international marketing team was already there at all times? Or ATA is so comfortable with Dyson expanding orders without considering the significant risk of Single Customers base of 80% and therefore the international marketing team was not ready for sudden big gap to fill in terms of capacity within 6 months ??

When you have so much orders receiving from Dyson, and the capacity with labour shortage issues are headaches to Management, you think they concern much of their international marketing team efficiency to get new customers ?

Dyson demand in all sorts to ensure best highest quality of their products are daily fire fighting issues to ATA. The sudden termination without much preparation and warning is definately a killing to them.

God blessed our Government could help to resolve the forced labour issues between Dyson and ATA, and giving adequate times for ATA to realise its Single Customer base risk to secure new customers within shortest period of times.

A customer like Dyson, it needs at least 6 months to develop to go into mass production. Its not as simple as get customers and go into production the following month.

Dyson terminates ATA is critical to themselves too and they will force VS and SKP to expand their production capacity within the next 6 months to fill up its transfer of orders. To Dyson, its low season for 2022 first and second quarters and they will pump up ATA to produce more for them for storage.

VS and SKP are definately benefited from such Dyson actions. But will they subject to Forced Labour issues ?? You know I know, Malaysia cultures are different from Ang Mo, how to use Ang Mo standard to judge here ? See Top Glove and Supermax ways of handling Forced Labour Issues, and what they provided to their foreign labours now, then you know how high is their labour cost now.

Malaysia Government is too slow to act for we Malaysian companies.

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 20:44 | Report Abuse

Top Glove and Supermax, America and UK only ban the import of goods, but no loss of jobs from its employees but Ataims lose the contract means more than 1000 people will be lay off in 6 months time..

Posted by weisheng1998 > 2021-11-26 20:50 | Report Abuse

SCK82 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

how are u ? come tell us yr story lol

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-26 21:00 | Report Abuse

FYI, ATA has more than 8,000 employees and more than 50% are foreign workers. The layoff exercise will be a mass one.
Fortunately they still have cash of RM330 million for them to last for some times to cut cost and at the same times to look for new customers, to fill the big capacity of loss of Dyson.

They will find those at lower end and lower profit margin to keep the overheads running. Never expect good QR results for at least 2022 and 2023.

Analyse how VS tackle the Dyson pull out orders issues 3 years ago, then you know how ATA is going to use the same tactics to look for new customers.

Good luck to ATA now as lots of customers pull out from China to go to Vietnam, India, Cambodia etc. With the help of Malaysia Government, if they are willing to put efforts to help, ATA should be able to pull some new customers over. VS has managed to get a few already.

Sunshine

95 posts

Posted by Sunshine > 2021-11-26 21:15 | Report Abuse

I see the volume at day end was at 71k, vs 100+k in the morning.

Seems the selling pressure may have reduced.. Still expecting blood bath on monday?

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 21:20 | Report Abuse

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

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 21:22 | Report Abuse

It means Monday LD price same as 0.52, but on Tuesday back to normal, so LD will be 0.22...

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 21:24 | Report Abuse

Thanks to goodiewilly and iPlay for the valuable information and advice, pls kindly continue to provide feedback..

Zackmeiser

309 posts

Posted by Zackmeiser > 2021-11-26 21:31 | Report Abuse

Interesting times. Will queue at 0.2.

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 21:37 | Report Abuse

0.20 only on Wednesday if Tuesday LD price is 0.22..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 21:42 | Report Abuse

Wow, just imagine if Ataims have to close down if our Malaysian government cannot step in to help and resolve the forced labour allegations issues by ILO, then it is a disaster to see 4,000 locals out of jobs and 4,000 poor foreigners need to go home to their poor family due to one person named Andy Hall unlawful investigation conducted in Malaysia..

Sunshine

95 posts

Posted by Sunshine > 2021-11-26 21:48 | Report Abuse

Malaysia's Human Resources Minister M Saravanan said the government wanted to hear the reasons from both parties.

Dyson didn't want to keep the contract due to a worker shortage. There are two different stories, according to Saravanan, who said he was waiting to hear Dyson's side of the matter.

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-26 21:49 | Report Abuse

I do hope it bounce up to 1.20, at least the investors could have a good sleep at nights.

I have lost my sleep yesterday and the loss of X50 will cost me lost sleeps for many many many nights.

Worst than loss moneys at Casino, at least Casino gives you excitement for hours to lost X50.

crying and crying

pang72

51,506 posts

Posted by pang72 > 2021-11-26 21:54 | Report Abuse

It is not a good time for Ata.

Dow crashing today, it is tough for Ata on next monday

Posted by value_seeker > 2021-11-26 21:55 | Report Abuse

You are lucky to cut earlier. Investing is to buy and earn from good company. Sometime we bought good company at the wrong time. News flow slower and cause some to lose.

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 21:58 | Report Abuse

Only Minister of Human Resource is talking, what happens to our MITI Minister and Labour Minister, any comments from them as massive lay off crisis to one of our top EMS listed company..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 21:59 | Report Abuse

Monday LD still at 0.52, no change as per Bursa rule..

kktan63

69 posts

Posted by kktan63 > 2021-11-26 22:11 | Report Abuse

Shame on Dyson! You could survive till these days by exploiting cheap labour in this part of the world. Mind you that you pay peanut, you get monkey. If you want your contractors to well treat the workers, then pay them well, dont suppresss them for low low price! Or else move your manufacturing back to the UK! When your contractor is under trouble as a result of servicing you, instead of helping your contractor, you chose to run away! Those foreign workers should also wake up that those so called human right fighters will cause them to lose jobs, instead of getting a better paying jobs ! If your boss lose the contracts, you lose the jobs !

Risk Trader

3,942 posts

Posted by Risk Trader > 2021-11-26 22:17 | Report Abuse

Epf and kwap is one of shareholder ATA, govt must do something to help thier business run as usuall

Posted by weisheng1998 > 2021-11-26 22:18 | Report Abuse

risk trader, hard our gov no money edy
and even gov want to do something they only can make it delisted and own by gov lor like what china did to heng da

icon2021

203 posts

Posted by icon2021 > 2021-11-26 22:18 | Report Abuse

DYSON thinks that it is all time powerful.. one day it will lose to cheaper but hi quality OEM producer n products..

Posted by weisheng1998 > 2021-11-26 22:19 | Report Abuse

if do like this will have same impact I guess heng da edy down 90% the share price

Posted by myinvesting > 2021-11-26 22:19 | Report Abuse

existing employees may be hoped to expose force labour ended up losing job?

Posted by learnbyheart > 2021-11-26 22:21 | Report Abuse

padan muka..its not easy to find job now

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 22:25 | Report Abuse

Our Minister of Human Resource say that Malaysia become dumping ground for Bangladeshis, so it means more forced labour allegations by ILO will continue to spread in our Malaysian Industries is it we Malaysians are clever or are we a fools in the eye of ILO..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 22:29 | Report Abuse

Poor foreigners use ILO to stop our Gloves export to US and UK, also contract termination lead to job losses. But our government pay no notice what ILO have done to our industries..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-26 22:32 | Report Abuse

ILO is watching Malaysia very closely and alert US, Canada and European Union any forced labour allegations, so what to do..

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