Posted by MrsLim > 2021-12-11 21:59 | Report Abuse

Andy Hall just keep changing the issues and shifting the goalpost. His and Ananthalakshmi's actions are bordering on extortion. And it is trite that extortion is both a tort and a crime and whichever party that is complicit will also be liable.

https://www.astroawani.com/berita-malaysia/no-report-received-alleged-assault-former-ata-ims-worker-ayob-khan-333224

"Johor police confirms that until today no police report was received on a former ATA IMS Bhd worker who was allegedly assaulted during an interrogation." - Johor police chief, Datuk Ayob Khan Mydin Pitchay

"Nevertheless, we take note of this issue and will conduct an investigation if what was reported (by Reuters) exists," he said in a statement, here today. - Datuk Seri M Saravanan, Malaysia’s Minister of Human Resources.

https://focusmalaysia.my/ata-ims-issue-addressing-points-raised-by-andy-hall-and-mohrs-stand/

I visited the workers accommodation and found it to be in a satisfactory condition. I have also held a discussion with ATA IMS’ management as well as met general workers during this visit.

While I welcome feedback and criticism, I urge all parties to be fair and to await the outcome of investigations before making accusations. – Dec 11, 2021

p.s.
Imagine a situation when someone post pictures of an unhygienic and cramped hostel rooms and allege that those belong to Cocoaland. In addition, the same person will point out that Cocoaland's EPF contribution is only 5% instead of 12% and that the workers are forced to work overtime.

So Cocoaland's share price takes a dive to 50 cents.

Not having gotten what he wanted, the blackmailer further alleges that Cocoaland's products are not halal.

Should Cocoaland's share price dive to 25 cents of Monday? Hmmmm, maybe.

NatsukoMishima Thought everything settled already but suddenly get charged from MOH , monday sure diving to 25 sens !
11/12/2021 4:34 PM

Posted by Lucifer999 > 2021-12-11 22:15 | Report Abuse

Too late damage is done. Share price will just reflect based on this. Stock market is not court not about justice or issues

Posted by MrsLim > 2021-12-11 22:30 | Report Abuse

Valuation is not so straight forward for a company that is being extorted.

Many people think glove companies will go bust, even Top Glove.

However, I think TG will not go bust. It's share price will just eventually drop to 0.50 .

Funnily, TG has yet to follow the market efficiency theory.

Lucifer999 Too late damage is done. Share price will just reflect based on this. Stock market is not court not about justice or issues
11/12/2021 10:15 PM

Posted by Lucifer999 > 2021-12-11 23:15 | Report Abuse

Lol we'll see

Posted by Winer21 > 2021-12-12 06:50 | Report Abuse

Wait and see very soon 0.35 cents this counter

Posted by B4b4 > 2021-12-12 08:41 | Report Abuse

Ataims is ranked 23rd top global EMS provider and sell to more than 80 countries. Economics of scale, Ataims has it.

Posted by alenac > 2021-12-12 09:01 | Report Abuse

We complain so much about labour conditions in Xinjiang. Little do we know there are many mini Xinjiangs in our own backyard for provocateurs to exploit.

Posted by investor2021trading > 2021-12-12 09:41 | Report Abuse

u ppl talked like another limit down (LD) on Monday!!!

Posted by Abba84 > 2021-12-12 09:59 | Report Abuse

It has a huge market t cater ;well over 80countries ...at.515 clearly its undervalue d !

Posted by investor2021trading > 2021-12-12 10:03 | Report Abuse

@Abba84, which country n new customers will takeover ATA products in 6mths time?

Posted by 陳 彥霆 > 2021-12-12 10:04 | Report Abuse

看了昨天好多群组盲目的分享一些关于 ATA 的 文章，请问有多少人有按进去读和了解呢 ? 都是标题党
话说股价从那天的 RM 0.385 反弹到RM 0.515 又是谁能做到呢 ? 散户么 ? 什么坏消息都出了，为何股价还是节节攀升呢 ? 思考下 ! 全部卖压都被吸收了，又是谁有这样的财力呢 ?
听说公司高层已经把 Andy Hall 的顾虑解决了，目前在和 Dyson 洽谈重新合作，人力资源部也帮 ATA 找到了 5000 个外劳员工，估计 一月就会到来。

https://www.theedgemarkets.com/article/indonesia-send-500010000-people-january-work-malaysia-says-saravanan?fbclid=IwAR2jWyMmkILhLBKB4GFA7QHppmfErECqqCp3CGSiZf9pRyK0uyZIjBpbpRw

Posted by investor2021trading > 2021-12-12 10:11 | Report Abuse

sad, cos' of d bad news, i will wait n see for any price adjustment on Monday thereon n buy on more positive news!

Posted by Abba84 > 2021-12-12 10:20 | Report Abuse

.515 aredy lelong pric , battered, beaten !

Posted by PriorityFF88 > 2021-12-12 11:48 |

Post removed.Why?

Posted by 陳 彥霆 > 2021-12-12 13:09 | Report Abuse

should be good to enter

Posted by PriorityFF88 > 2021-12-12 13:10 |

Post removed.Why?

Posted by B4b4 > 2021-12-12 13:44 | Report Abuse

Good news for Ataims. Next week, Ataims will test 70s

Posted by Winer21 > 2021-12-12 16:44 | Report Abuse

35 cents tomorrow

Posted by Lucifer999 > 2021-12-12 17:22 | Report Abuse

0.30

Posted by MrsLim > 2021-12-12 18:05 | Report Abuse

You mean likely prices for Top Glove and Supermax?

Possible, but will be at the best case scenario, because ASPs are dropping and all Malaysian glove manufacturers will report losses going forward.


Top Glove target pricing
Likely case: RM50M x 8 / 8207M = 0.05
Medium case: RM150M x 8 / 8207M = 0.14
Best case: RM300M x 8 / 8207M = 0.29

Supermax target pricing
Likely case: RM20M x 8 / 2721M = 0.06
Medium case: RM50M x 8 / 2721M = 0.15
Best case: RM100M x 8 / 2721M = 0.29


-------------

The China ASP

Sep 2021- 51.31 dolllar
Oct 2021 - 53.14 dolllar

Malaysia ASP

Sep 2021 - 74.07 dollar
Oct 2021 - 67.47 dollar


Lucifer999 0.30
12/12/2021 5:22 PM

Posted by PriorityFF88 > 2021-12-12 18:33 |

Post removed.Why?

Posted by PriorityFF88 > 2021-12-12 19:07 | Report Abuse

Wait for limit up... currently still negotiate with Dyson... another 2 B project coming ... many naysayers defame ATA to buy cheap ??? Don't wait until RM 1 only chase yar

https://focusmalaysia.my/ata-ims-addressing-challenges-faced-during-the-pandemic-and-dyson-ties/

Posted by Abba84 > 2021-12-12 23:40 | Report Abuse

Priority..2 B project, confirm d?

Posted by PriorityFF88 > 2021-12-13 06:56 | Report Abuse

Yes, they have the deal on table... just lack of labour previously... right now Sara helped them to get around 10000 workers

Posted by Winer21 > 2021-12-13 08:44 | Report Abuse

Fail project

Posted by newguy0801 > 2021-12-13 09:00 | Report Abuse

Lol, start with 0.530

Posted by newguy0801 > 2021-12-13 09:02 | Report Abuse

Seems like someone is still raising its price.

Posted by Lucifer999 > 2021-12-13 09:07 | Report Abuse

end with 0.35

Posted by jenson68 > 2021-12-13 09:16 | Report Abuse

Hold above 0.50 ..

Posted by Lucifer999 > 2021-12-13 09:18 | Report Abuse

gelincir slide from 0.50

Posted by blockofstone > 2021-12-13 09:30 | Report Abuse

I'm holding. ATA has the capacity to attract other clients, esp. Dyson's competitors.. their company also is not just limited to Dyson parts. Right now, It's at an amazing discount. You want 5-7x, better buy now

Posted by stockwinner > 2021-12-13 09:34 | Report Abuse

.

Naik sikit sikit, lambat lambat jadi gunung kinabalu.

Posted by newguy0801 > 2021-12-13 09:34 | Report Abuse

Lucifer999 Just taking notes down, why do you think it will get to 0.35 after a 3 day support at higher price?

Posted by jonathanhui > 2021-12-13 09:35 | Report Abuse

i am coming back coming back

Posted by Lucifer999 > 2021-12-13 09:37 | Report Abuse

what makes you think it'll hold above 0.50 then?

Posted by loneranger3211 > 2021-12-13 09:45 | Report Abuse

Perhaps you hope it will drop all the way? Please don't buy you have no confident, after all it could be not suitable for you :)

Posted by Lucifer999 > 2021-12-13 09:48 | Report Abuse

i dont hope it will drop or up, merely stating my opinion

Posted by newguy0801 > 2021-12-13 09:50 | Report Abuse

Why investors in I3 Forums always want to argue to see who's the best, lol? I just want to engage in a rational discussion. Apparently, people support the theory of limit up, because of rumors of new customer sources, support of government on new labour forces and etc. It's not like this is a risky rally on TopGlove. Ya, that's what I observed.

Posted by Lucifer999 > 2021-12-13 09:52 | Report Abuse

good for you, read and make your own judgement. or, just have fun teehee

Posted by hoot9e996 > 2021-12-13 09:55 | Report Abuse

man this business still got hope, its not a speculative company. it HAD a real business partner not those MOU companies with multiple proposals + fund raisings

Posted by Lucifer999 > 2021-12-13 09:56 | Report Abuse

you sure? if thats the case, hoot9e996! LOL

Posted by newguy0801 > 2021-12-13 09:59 | Report Abuse

I am still waiting for Andy Hall's comments. However, he's still remaining silent towards MOHR and ATA's newest response. Not even a Twitter retweet of the news. Usually, he responds rather quickly on such matter.

Posted by newguy0801 > 2021-12-13 10:00 | Report Abuse

Seems like it's all peaceful when he went hiking. No one knows what will happen when he comes back though.

Posted by hoot9e996 > 2021-12-13 10:04 | Report Abuse

lol lucifer, dont hoot all in though go in batches still takes time to find new business partners

Posted by alenac > 2021-12-13 10:05 | Report Abuse

Wow many satay sellers here more smoke than sales. Remember almost all their sales are dependent on Dyson. Come 30th June 2022, sales will collapse, right now they are at the mercy of Dyson, price bargaining position is zero. Still can survive? Anyone here can come up with a good & convincing argument otherwise than my thoughts?

Posted by hoot9e996 > 2021-12-13 10:07 | Report Abuse

technical side, as long it doesnt break below 0.45 its all good
fundamental side, theres hope for new business partner it still has machinery
the down side, dyson was 80% of its revenue failure to find a major business partner its price would be around this level

Posted by Lucifer999 > 2021-12-13 10:11 | Report Abuse

I personally will not touch controversial stocks, eventho hoot and hope theory is hard to resist LOL

Posted by alenac > 2021-12-13 10:14 | Report Abuse

Noted on technical chart, but with no good news, pretty soon it will have to drop below 45 sen unless owners are willing to defend the support level.

Posted by hoot9e996 > Dec 13, 2021 10:07 AM | Report Abuse

technical side, as long it doesnt break below 0.45 its all good
fundamental side, theres hope for new business partner it still has machinery
the down side, dyson was 80% of its revenue failure to find a major business partner its price would be around this level

Posted by newguy0801 > 2021-12-13 10:17 | Report Abuse

Despite rumors stating that VS and SKP will split the Dyson's pie, their shares still remain stagnant rather than recover from Andy's touch. Nobody dare to touch the ESG business for a lot now.

Posted by alenac > 2021-12-13 10:18 | Report Abuse

Not so sure current price already factored in the problem. They are going to be charged by labor ministry too. Uncertainty still hovering.

Posted by deMusangking > Dec 13, 2021 10:14 AM | Report Abuse

the current price already factored in the 'problems'!
so downside is limited and upside is ????
haha