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

iPlay

1,812 posts

Posted by iPlay > 2021-11-29 17:30 |

Post removed.Why?

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-11-29 17:41 | Report Abuse

most probably tomoro gap down then shoot up then gap down lol

8dragon

2,290 posts

Posted by 8dragon > 2021-11-29 17:42 | Report Abuse

Share definitely will drop to 0.30-0.40 cents....Termination of contract by Dyson is a big blow to ata as to source for replacement to fill up the 80% revenue is very difficult at this time...

imvu

7,888 posts

Posted by imvu > 2021-11-29 17:59 | Report Abuse

0.520 - 0.300 = 0.220 , qbuy dekat harga limitdown 0.220 besok . harap harap hijau . kalau tak hijau juga , harap nanti limitdown lagi 0.220 - 0.300 = -0.080

stevenckheng

1,348 posts

Posted by stevenckheng > 2021-11-29 18:06 | Report Abuse

contract with dyson since when ?

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-29 18:09 | Report Abuse

Quote: Kelvin Tam If the top management can secure biz from 2nd n 3rd largest clients of the company n the damage still can be managed to certain extent, it is irrational to think to drop to below 20-25 cents whereas 1 month ago few research houses still given target price of RM2.00-2.50( kind of funny )… Labour issues maybe able to be solved but it looks like more n more companies facing the bad name of forced labour by the US n U.K. standard …

You are right, thats why i jumped in so much and never sell my holdings. I know the company, i know their business, i know Dyson has transferred so much VS orders to them 3 years ago and MCO business of Dyson was super good, Dyson pushed ATA very much to produce more and more.

However, VS announced of dropping in revenue and profit 3 years ago, expected of Dyson transferred out orders to ATA..

VS Industry也曾在2018年底透露主要客户(也是Dyson)订单会减少,预计会影响到接下来的获利能力,而管理层也已经积极展开行动,正在和潜在新客户洽谈以填补空缺产能。虽然市场并不买单,公司股价一度暴跌51%至63仙,市值蒸发掉12亿令吉,投行更是把VS Industry评级从买入下修至卖出。

ATAIMS虽然在文告里否认暴力对待员工的控诉,但没有进一步说明失去最大客户之后公司接下来会这么办,这样的无所为不仅让投资人更忐忑不安,也让投行不看好其未来前景,纷纷下修评级为卖出。

说明失去最大客户之后公司接下来会这么办 ?????????????? 无所为 ??????

VS took 2 years to recover the loss of orders from Dyson to fill their vacant capacity. What do you think of ATA now ?? Can they by 2022 and 2023 ?

i prepare to buy to average down and to wait for 3 years, or else hopefully VS buys them over

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:12 | Report Abuse

Malaysia government have issues of 200,000 unemployed migrant workers, actually Ataims can absorb them easily but they are not grateful so since Dyson had terminates the contract so by next year June, there will be more than 5000 migrant workers from Ataims out of job, but these 200,000 unemployed migrant workers should go and worked in UK Dyson company..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:14 | Report Abuse

Tomorrow is normal day so it all depends how much the five minority shareholders investment funds willing to cut loss especially EPF and KWAP..

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-29 18:14 | Report Abuse

VS has a good design house for their clients. They may be able to design and produce products best fit for clients standard and requirements.

I never hear ATA got any design house. ATA is busy in fire fighting to save daily production volume, quality and labour shortage issues. I doubt they have times for others.

If Dyson wants you to swallow volumes that you may have to find all ways out to swallow, this is a happy issue. You will not spend any single effort to look for new customers.

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:16 | Report Abuse

May be EPF or KWAP will start throwing in the early morning and immediately buy back if share price falls below 10 sens, I believe their average cost is not less than RM 1.00..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:21 | Report Abuse

Ataims boss Dato Seri were buying Ataims little by little, once these investment funds thrown down to RM 0.22 tomorrow and less than 0.20 on Wednesday, Ataims will announced mandatory take over bids due to it i

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:22 | Report Abuse

Ataims owned more than 60 % or higher, it can trigger mandatory take over bids and will keeps the listing status..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:23 | Report Abuse

Once the Dyson crisis is over Ataims will release the shares into open market for tremendous amount of capital gains.. Why not..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:26 | Report Abuse

Ataims have 28 years of experience in EMS and even have the technology and know how to starts his own manufacturing and becomes manufacturer cum EMS supplier..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:28 | Report Abuse

It is high time for Ataims to joint venture with other companies to become manufacturers instead of as merely EMS

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 18:29 | Report Abuse

Suppliers and control by dictatorship of Dyson...

Posted by positiontrader > 2021-11-29 18:39 | Report Abuse

Posted by goodiewilly > Nov 29, 2021 6:14 PM | Report Abuse

VS has a good design house for their clients. They may be able to design and produce products best fit for clients standard and requirements.

I never hear ATA got any design house. ATA is busy in fire fighting to save daily production volume, quality and labour shortage issues. I doubt they have times for others.

If Dyson wants you to swallow volumes that you may have to find all ways out to swallow, this is a happy issue. You will not spend any single effort to look for new customers.

My comment

"VS could also employed many foreign migrant workers who may have the same issues like ATAIMS". When US Customs and Border Protection Department (CBP) started to investigate VS, it price could plunge down".

Buyer beware

bulldog

12,157 posts

Posted by bulldog > 2021-11-29 18:39 | Report Abuse

Qbuy at 32

Huat chaiii

Sunshine

95 posts

Posted by Sunshine > 2021-11-29 18:59 | Report Abuse

COO bought 1mil units @$0.52. What does it mean?

petak64

28 posts

Posted by petak64 > 2021-11-29 19:05 | Report Abuse

Get ready to buy tomorrow.. Wedneday Li mt 7up...ha haha

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:13 | Report Abuse

It means Ataims COO believe in Ataims and may be tomorrow the five minority shareholders investment funds not willing to cut big losses by selling cheaper than NTA price of RM 0.67..

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-29 19:15 | Report Abuse

Bala is trying to tell you, my margin is still intact and yet i still can buy shares via margin. No worry of margin call to force sales.

Cheers

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:20 | Report Abuse

Dyson is not going bankrupt because of Dyson dictatorship, and will definitely looking for new customer, before that it is the best opportunity for Ataims to reduce migrant workers as go for more automation and high tech area to reduce manpower thus cutting cost..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:21 | Report Abuse

It should read Ataims not Dyson..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:24 | Report Abuse

Now, COO bought around one million Ataims shares as tomorrow may be no one will sell less than 0.52 at this hugh volume, moreover I believe the COO knows that Ataims price will rebound faster than you expected..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:26 | Report Abuse

Ask yourself, if you have bought Ataims at 0.52,today, will you sell at a big loss and you know Ataims is not to go bankrupt, may be better without Dyson contract..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:28 | Report Abuse

Remember, Atamis is not RSS counter so there is no possibility to short sell Ataims shares unless Ataims declare bankruptcy..

Sunshine

95 posts

Posted by Sunshine > 2021-11-29 19:29 | Report Abuse

@oskchoon, i think your foresight could be right and if i read deeper, the chairman will be on standby to buy in tomorrow morning, say $1mil too... Look at the outstanding closing volume -1.04mil, vs 1.9m this afteenoon..

Lets hope this happens and LD will be arrested tomorrow.. A good start to stabilize this counter and bring in some confidence.

charlie chia

2,151 posts

Posted by charlie chia > 2021-11-29 19:37 | Report Abuse

Will it be another limit down tomorrow

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:42 | Report Abuse

Remember, Ataims have approval for SBB to buy back up to 10 % of Ataims,which is around 120 million shares, why they haven't started to buy back because incase hot money dares to push down LD at 0.22, I am sure Ataims will sapu all the shares, hot money contra players will be in big shitd because they are selling Ataims at a big loss, as you know, once it becomes SBB shares, Ataims will not resell to the market unless share prices is well above RM 1.00 later on, do you think hot money have 330 millions ringgit to fight with Ataims..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:44 | Report Abuse

Ataims have RM 330 millions cash on hand, plus NTA is RM 0.67 per share...

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:46 | Report Abuse

I personally don't know the Ataims boss Dato Seri Foo and COO, how much money they have to accumulate more shares..

Chartwins

32 posts

Posted by Chartwins > 2021-11-29 19:56 | Report Abuse

Unlikely

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 19:58 | Report Abuse

It may sell down early morning and the sellers below 0.52 is very rare, for it to have LD, the chances very small unless suddenly it announced bad news but the storm is over and sunny day is coming soon..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 20:00 | Report Abuse

Hot money will not sell down also EPF or KWAP, because they know Ataims is not yet using the RM 330 millions cash on hand to buy at 0.22..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 20:01 | Report Abuse

If hot money or investment funds sold their shares at 0.22 and Ataims sapu all, then who is the loser.. You quesd..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 20:04 | Report Abuse

Once Ataims bought the shares 0.22, they definitely will pay and pick up the shares, and hot money end up with small money, you think their bosses will be happy with them..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 20:06 | Report Abuse

Hot money sold at 0.82 is still profitable and at 0.22, definitely it is a loss, all ppl also waiting to buy at 0.22, so you think hot money is happy or sad..

Winer21

913 posts

Posted by Winer21 > 2021-11-29 20:08 | Report Abuse

Tomorrow limit down 30c

goodiewilly

2,903 posts

Posted by goodiewilly > 2021-11-29 20:08 | Report Abuse

VS Industry也曾在2018年底透露主要客户(也是Dyson)订单会减少,预计会影响到接下来的获利能力,而管理层也已经积极展开行动,正在和潜在新客户洽谈以填补空缺产能。虽然市场并不买单,公司股价一度暴跌51%至63仙,市值蒸发掉12亿令吉,投行更是把VS Industry评级从买入下修至卖出。
Dyson not pulling out orders from ATA, Dyson has terminated contracts with ATA.
If the impact of VS was so great 3 years ago, how ATA to compete.

Salted fish me now. Only way to save myself is to average down. Cannot sell.
Just hope to get cheaper price to average down and to keep for 3 years. If ATA management is as capable as VS one, they should be at least recover to fill up 50% of the capacity within the next 3 years.

Terminate all these foreign workers if they are forced labour here

Very du lan

Winer21

913 posts

Posted by Winer21 > 2021-11-29 20:08 | Report Abuse

Carefull

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 20:09 | Report Abuse

Buying at 0.22 against NTA of 0.67, it means you are buying Ataims at 70 % discounted price, it case Ataims go bankrupt, you bought 0.22 and Ataims have to give you back 0.67, you think hot money don't get any better than loosing money to ppl..

limlaopeh

416 posts

Posted by limlaopeh > 2021-11-29 20:12 | Report Abuse

Open gap down at limit down price, then rebound

michaelwong

3,072 posts

Posted by michaelwong > 2021-11-29 20:24 | Report Abuse

Once Dyson pulled out from Ataims it needs donkey years for its business profits to recover since Dyson contribute 80% of its profits margin. Don't hope in a short time frame its share price will resume back to what it's b4.......dude !

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 20:24 | Report Abuse

Open gap down, usually it is bottom out and will rebound strongly, this is called sell on news and buy on good future rumours..

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 20:25 | Report Abuse

Your choice.. It is your hard earned money..

Posted by AlanKLNg28 > 2021-11-29 20:46 | Report Abuse

The issue here is not as serious as accounting fraud. Last week's 2nd LD was partly due to the news of Omicron. ATA was oversold last Friday.

UPlanet

1,450 posts

Posted by UPlanet > 2021-11-29 20:59 | Report Abuse

I think won’t limit down la tomorrow! Worst around 0.27 I guess?

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 21:06 | Report Abuse

Ataims COO bought around one million shares at 0.52 any price below is a good opportunity for COO to buy more

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-29 21:09 | Report Abuse

It dropped to RM 0.52 from year high of RM 3.48, it is down more than 85 %, don't you think it has gone down too much..

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