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...
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。
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..
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.
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..
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
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..
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".
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..
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..
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..
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, 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.
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..
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..
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..
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..
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
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..
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 !
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
iPlay
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Posted by iPlay > 2021-11-29 17:30 |
Post removed.Why?