AT Systematization May Hit 20 Sen Soon | AT Systematization Bhd has been trading actively since it bought a glove manufacturing plant for RM22 million last month, attracting both retail and institutional investors.
The stock, which was trading around 4 sen and 5 sen has been trading in high volume ever since then. On June 11, the stock rose to as high as 16 sen and is currently trading in the 10 sen to 12 sen level, indicating that it is gearing up to rise further than 16 sen.
If the stock hits 20 sen this week, it will trade upwards all the way for certain. Could it hit RM1.00? Looking at all glove counters, this is possible although it may take a couple of months.
Many investors are betting their money on this stock right now as the demand for gloves is increasing worldwide. There is currently a shortage of medical gloves.
When AT Systematization made the announcement last month that it bought an industrial glove maker, Pearl Glove (Malaysia) Sdn Bhd, demand started pouring in for the company.
We hear that the company has secured a contract worth in the region of US$200 million to supply up to 2 billion pieces of medical gloves to the United States.
The United States has been reporting an increased number of Covid-19 cases. The country reported more than 3 million coronavirus cases as of Wednesday morning, with a handful of states struggling to control outbreaks of Covid-19.
More than 130,000 Americans have died from Covid-19 – roughly twice the death toll of any other country, according to a tracker from Johns Hopkins University.
AT Systematization is expected to supply the gloves to the United States over two years starting soon.
Soon it may also get orders coming in from India where the coronavirus cases are also on the rise. When we hear this we will inform you soon.
13 Ulasan
oh, i just read about this investment and kinda trigger my mind now... lol.. for sure will check further about this
BalasPadamtengok gaya demand untuk gloves sekarang ni memang tengah meningkat so tak mustahil la harga stok boleh cecah RM1 seunit
BalasPadamThis is a good innovation. Interesting read. I learned something from reading this post. Thank you for sharing.
BalasPadamYes, glove antara sektor ekonomi yang akan terus stabil sebab permintaan semakin tinggi. Good sharing Kak Lya!
BalasPadamIt seems that everything associated with gloves wins nowadays - good job AT! And the stock is certainly booming too
BalasPadamThis industry is really gaining a lot during this pandemic.
BalasPadamEh ada lagi jenama tempatan yang menembusi pasaran Eropah! Tahniah AT! Memang akan naik punya sebab dalam keadaan sekarang, gloves sangat diperlukan dalam medical field..
BalasPadamyerlahkan sekarang ni glove sgt penting....dulu glove ni hanya digunakan di hospital saja...sejak covid 19, penggunaan glove penting bg keselamatan org ramai.
BalasPadamface mask, gloves semua pakat naik rega skrang ni. semua pun naik
BalasPadamperniagaan yang berkait dengan pencegahan covid 19 semuanya meningkat naik...betulkan
BalasPadamso the pandemic really helps certain businesses especially those who are related in fighting the disease. but i notice that face mask price is currently quite cheap.
BalasPadampada masa pandemic covic 19 ni memang permintaan glove amat tinggi.. untung lah siapa di bidang ini..
BalasPadamThis industry is soaring due to the high demand during COVID-19.
BalasPadamAssalamualaikum. Salam Ukhuwah Fillah. Terima Kasih Sudi Singgah Dan Tinggalkan Komen.