Hi anyone watching this counter? Dyson contract ended yet the stock is moving fast.

Any news ??

Downsizing is happening soon hence better for their bottomline

Anyway Dyson products is not selling that great as cheaper and if not better products around now which in fact good news as Dyson is way overpriced for its features now 🤦‍♀️

In other words, an opportunity? I just skimmed through their latest annual report, there aren't that many institutional holders except for TA and Affin Hwang Asset management. No major governmental institutions in it.

I do like distressed companies because the likelihood of a turnaround is very plausible.

My gut feeling says this could be a speculative short term play.

This post has been edited by snowflax24: Jan 26 2023, 04:56 PM

Yes opportunity since you’re looking at distressed company

In fact ATA IMS is not very automated hence foreign labour is affecting their bottom line

With downsizing and new contracts won it will be another start of the boom if they are able to pull it off

Like i3 speculation, probably got new customer Tesla

Tesla in the picture?

No wonder still got interest in the counter ☺️

Insider trading....

Not possible is Tesla 🤦‍♀️

Most likely one of China’s biggest appliances name

Not Tesla 🤦‍♀️ but some famous Chinese home appliance brand name

Just make another easy 20% today 👏

Chinese Brand?

Their cost more lower...
Come to Malaysia more expensive yo?
Since ATA is not that automatic yet...

China still not yet reopen fully as commodity and skills shortage

They come to Malaysia as a reason so that they can export abroad and shake the brand name and also to avoid any tariffs imposed 🤦‍♀️

Seriously I don't know what the country leader thinking...
Keep closing & their zero covid policy is killing everything everyone....

More factory is moving to others country like Vietnam, Indonesia or even to India 😁

Smart fellows....
Use Malaysia as based...
To export to US....

A silver lining for the other Asian countries. A boon for Malaysia if our politicians play it right I reckon.

It is all about pride for XI 🤦‍♀️

Now he realised after protests and abandoned covid zero instead so that it can spread more around the world

Yes.
Good chance for Asian countries to take advantage...
Vietnam & Indonesia is way earlier to take up the opportunity 👍

So far...
Looks okay...
Chinese is traveling around...
Not much covid cases increase around the country the people went to....

Vietnam is smart taking up the opportunities 2 years back while Indonesia is gold mine for commodities hence Malaysia can only offer human capital 🤦‍♀️

Wait later because the spread now is not detected through their famous mass testing 🤦‍♀️

Xi screwed up big time and if he reopened earlier China will be booming now

So far it just another goreng counter need to closely monitor the news

Lol I've been involved with Dyson / ATA ..tbh this ATA deserve what came to them..useless company.

This post has been edited by kezsz: Jan 28 2023, 10:45 PM

Be careful as it could be pump and dump style because the big boys are playing with it on quiet week 🤦‍♀️

Next week might be different because big players are coming back in

See tomorrow if it can keep momentum for a whole week or just like last friday.

I think this counter still got play, bilis can ride the wave in morning tp before afternoon or +0.1 whatever come first