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Approximately 80% of MTAG’s revenue is contributed by electronics manufacturing services companies, namely ATA IMS Bhd, VS Industry Bhd and SKP Resources Bhd, which serve an indirect key customer.
based on 2019..71% sales were from 5 major customers..with ATA alone contribute almost 62%..this is really material and will greatly effect the upcoming QR
MTAG obviously is appointed supplier of Dyson. In other words, those manufacturers get Dyson orders have to get the parts from them.
I believe it won't affect much as long as Dyson diverted the orders to manufacturer in Malaysia.
MTAG is indirect supplier of DYSON la... they need to go through ATAIMS, VS or SKP...the big drop of share price today already tell the actual scenario.... ATAIMS down = MTAG down.
is time to collect, actually product demand remain strong, just take more order from another company, short term effect only, stock price over reaction
think carefully before buy in, the effect not clear yet, if really ataim is 60percent plus revenue of mtag, than the price will be drop significantly.this share lucky is boss hold 66percent share, if not now been drop to 40sen already.
