Choong Lee Aun, age 54, a Malaysian, is the Managing Director of ATS. He was appointed to Board on 4 Dec 2017.
Mr. Choong currently also sits on the Board of AE Multi Holdings Berhad, Trive Property Group Berhad and D’nonce Technology Berhad as the Executive Director. He is also the Independent and Non-Executive Director of PNE PCB Berhad.
=================== Mak Siew Wei, age 46, a Malaysian, is an Executive Director of ATS. He was appointed to Board on 1 March 2013.
Mr. Mak currently also sits on the Board of Green Ocean Corporation Berhad, Saudee Group Berhad and Pasukhas Group Berhad as Executive Director.
I wonder how those die heart fans are doing now? How is that smart moderator (sorry i cant remember the smart guy's name) who kicked me out when i advised others to wake up not to continue fantasies about this counter anymore?
Aiyooo. AT has a great future. AT has a lot of business,AT also has great follower especially Atian group, The most important is AT has special group call million group even top glove don't have that kind of group.
In Stockiss, Tuan Afiy,we trust AT will fly to 50 sen soon. kekekekeke
penny stocks only smell dust from blue chips current recovery and rising.. How long those penny stock bosses can hold , no one interest anymore , when blue chips recovery can easily cover losses cutting off penny stocks
How to predict in advance that a company is hiding a fraud? 1. The company change its external auditor very often. 2. The company change its financial years often to delay issue annual report 3. The company accountant/financial controller come and go like hotel guests. 4. The company ACCOUNT RECEIVABLE is 2 times higher than account payable. Money stuck or goods sold to cronies. 5. The company keep printing billions of shares to suck cash from shareholders. 6. The company seems to go to court often to "sue" a third party for not paying the debts. The 3rd part may also be the cronies actually 7. The company has almost zero revenue but still seems to survive. 8. The company seems to take huge bank loan, or 2 years later issue huge right shares "for working capital and pay bank borrowing". 9. ‘Meteoric’ rise in both revenue and profits DESPITE industry outlook, are also red flags. Say industry average growth is 5%, but this guy shows 50% growth, not one year, but last 3 years, very fishy. 10.The company only sells its product to one customer. Obviously it is easier to be in cohhort with one party instead of many parties. Goods sold become huge bad debts 11. The company buys few FERARI for its directors...Megan Media... 12. The company cash flow and profit imbalance. If its getting wider year by year, avoid. 13. The company reports FAKE revenue of billions,fake growth......to sell their bonds 14. Tyco International USA. CEO and CFO siphon off $150m USD via loans to directors. Beware of some listed NON-FINANCIAL company also having money lending license. EKRAN Ting Pek King, took 700m fromEkran via the company money lending license. $700m was never paid back. 15. NETX ,ACE counter, is holding money lending licence. 16. The company buy a $5m asset, MAKE A FOOL OF THE FOOL PAYMENT OF $5M, while due dilligence is going on.
AT system drops from 30c to 1c now. Should you buy? NOSH 6B shares
How a newbie can lose 95% of his capital buying penny stocks @12c ? Penny stocks counter can drop from 50c to 1c easily , within 6 months , and you will lose 98% of your capital. Some like HONGSENG ,drop from 3 rgt to 10c . It is worse than 1987 stock market crash . What if you wait for it to drop to 1c and buy? You will also lose 90% of your capital.
This is how it happen...
Lets say after buying @2c, it drop to 1.5c and finally @1c it goes ex 20:1.
Original 200 lots become 10 lots after 20:1 consolidation.
b4 ex, you have 200 big lots x 2c i.e. 200x20 rgt =$4000 rgt after ex , it becomes 10 big lots x 20c i.e. 10x 200 rgt =$2000 rgt ,lost 50%
Now you have it ,50% wipe out on first day after ex 20:1 Your problem does not stop here.
Based on 99.99% syndicate operations, after going ex,the price keep dropping at least another 80-90% It will slowly drop from 20c to 15c to 12c to 10c to 8c to 5c to 2c. to 1c... after few months to 1 year
Your original 200 big lots b4 ex @2c($4000 rgt) now become 10 lots@2c ($200rgt) 95% wiped out. Never expose your capital to a 95% kind of loses , say NO to repeated and repeated kind of ESOS,PP,RI,MOU infested stocks.
Why penny stocks dont drop from 12c to1c in few weeks? Normally it takes few months. This is to maximise on pulling in more victims via RI, ESOS,PP etc..
Mr.Choong age 57....may be around after 25 years... then only start invest AT... high volume??!! So what?
Michael.R. Don't expect much from these 2 directors... AT might good but the director confirm S***t..Their image is already bad. high possibility will change company name, share consolidation and private placement...
next few quarters, their report maintain.. material litigation, sue company xxx, no material development, glove remain challenge... Basically, you guys buy this kind sh*×* company share is to listen how bad their company without telling any solution.
Already fish for the past few years, company keep losing money but their salary bonus allowance INCREASE!!! haha... Company director holding company not even 10%!!!Hahaha why... Auditor resigned ??! what.... why....hahaha But some people only see volume...0.1 clearing, 0.15 clearing.... Market do not have hot money anymore for them to Goreng..And yet still got people, they still not believe director already disposed the shares and run Hahaha..
you guys can trace the trade history, who the hell keep buy 1lot of 0.15sen AT LAST MINUTE. 1 lot mean RM 15, duty stamp also rugi..set trap? fake q and and fake sell... If one day, you guys see 0.15 is clear, it is not clear, shark have certain amount of share. they can simply manipulate the buy and sell...
director having less than 10 percent of total share. 6thousand million toilet paper at public side. In digit, 6 000 000 000 sheets of toilet paper..Director of the company not interested....you dare to have it? You buy you die...Can consider after 35 years...Lets their children take another 50sen video again first. Hihi...
WHEN will PEARL GLOVE refund the 4.44m (full purchase price) paid by AT Sys while dilligence was conducted? Have you heard of CEO ,paying full amount ,while doing due dilligence? This is first time in history, a CEO pay FULL AMOUNT while doing due dillegence.
4. NOw the court takes 3 years already, still no news. Why is it soooooooooooooooooooooooooooooooooooooooooooooooooooo difficult for the court to complete the case? Is it a rocket science problem or just a simple case? How does a court system works? How does the court registrar handle a case? Who is the court registrar?.
5. If SC dont bother about this $4.4m money being lost, that mean no hope for retailers. It mean SC will close one eye when another case happen again.
Thedgemarkets.com Yafiqah Salim
January 05, 2021 22:15 pm +08
AT Systematization sues glove firm’s shareholders to recover money after cancelling acquisition
KUALA LUMPUR (Jan 5): AT Systematization Bhd is suing the shareholders of Pearl Glove (Malaysia) Sdn Bhd to recover RM4.4 million, after abandoning its planned purchase of the glove maker.
The group said its wholly-owned subsidiary AT Glove Engineering Sdn Bhd filed the suit against Hai Hong Capital Sdn Bhd, P’ng Sim Guan, P’ng Lai Heng, Hai Hong Holdings Sdn Bhd and Aaron Khoo Teng Soon at the High Court on Dec 31, 2020 ( Glove bull run terminated in Sep 2020)
AT Systematization said AT Glove had signed an agreement dated June 26, 2020, with the shareholders to purchase their shares in Pearl Glove for RM3.44 million. A deposit of RM687,800 was initially paid to the shareholders.
Still hoping for AT of glove making??? Please refer the financial report: Prospect Group is scaling down its glove making operation and will evaluate various options on the future direction of the glove business such as leasing the glove-making facilities for rental incomes.
LEASING FACILITIES FOR RENTAL INCOMES.
All AT's supporter kena Con finally..Not sure the admin wake up. hahaha...
I wonder why no people visit their factory site and pour some red paint on it make it hot...curios...
1 week ago
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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....