A Message to AT Management
I would like to highlight the problems as to why the share price does not move upward despite the big effort done by the management.
Hope the management get these messages and do all, so that investors remain invested.
Problems:
1) Lack of marketing and information to the public
- AT is a penny stock and information on corporate activities can be very
difficult to find. When this is the case, the information that is available about them may not come from credible sources and be seen as falsified. It is best that informations comes from the company itself so that investors are more well informed.
AT has a facebook page but it is not updated on a frequent bases. Investors are likely to remain invested if the social media is updated once or twice a week of its business activities and plans. Not once a month or two (2) months. Inform us the progress of the production lines and business activities on a weekly basis.
Plus, the messages to the facebook must be replied and not just read! This is a bad habit!
There are many false rumours regarding AT that is being spread and management is not doing any rebuttal against these rumours. At least make a statement and post it on facebook. It is free after all so what is the excuse. It is AT management job to protect investors mentality and well-being.
2) Poor Track Record
- Six (6) negative QR reports in the past is a big red signal to many buyers who
may be interested to buy the shares initially. This gives the impression to new buyers that the management is not as strong as it looks.
By having a more positive QR reports, these will generate more confidents in future investors. It is a long journey but please make sure your investors do not regret their decision in investing in your company.
3) Low level of liquidity
- Lack of liquidity or ready buyers in the marketplace. Investors may find it
difficult to sell stock since there may not be any buyers at that time. Many investors may choose to lower their price until it is attractive to another buyer. Reason for low level of liquidity is due to lack of marketing, information and poor track record of the company.
Answer is pretty straight forward, company must inform the public of its business activities as frequent as possible and create a good track record that outbeat the old track record.
4) Fear of Pump & Dump
- Ever since KYY announced the dump, many has a bad impression of the
company. The only way to beat this fear is this is to ensure the share price is above 0.30 while the NOSH remains the unchanged. This will regain most investors faith and remain invested for a longer period of time.
5) Diluting existing shares (Too Much NOSH)
- Yes, as investors we understand that the effort to dilute the shares is so that
AT management can have access to more investors in order to raise capital to expand their businesses. However, this action is a huge turn off for many investors. Reasons being many investors believe it will make the share price fluctuate greatly which may make it too difficult for the share price to move upward.
6) Fear of being a "Penny Stock" for a lifetime
- As it is a penny stock, some fear that a penny stock company has a higher
chance to file for bankruptcy or be involved in fraud cases.
Many investors hope AT stock will do a big transition from being a Penny Stock to a Regular Stock in Malaysia.
7) Glove Trend (Over?)
- As you can see from the market share movement. Whenever the glove
counters are going up, AT share did not go up. Whenever the glove counter is going down, AT share goes up. It did not happen once but many times already.
We hope there is an explanation from your side as to why this is happening.
8) KLSE forum
- Yes, this is my final point.
AT management should make an account and keep track of this forum comments.
The management should reply back if there are any false rumours and doubts. I am sure AT can appoint an employee to look after social media.
The long story short here is protect your investors interest and well-being. I hope AT management do not just think that as long as company make profit, that is all it takes to change investors mindset. This is a bad habit as you are only a penny stock company and will only give a bad impression to many investors.
https://klse.i3investor.com/blogs/investingforlife/2021-02-13-story-h1541078474-A_Message_to_AT_Management.jsp
