Highlights
KLSE: PRLEXUS (8966)       PROLEXUS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
1.03   -0.05 (4.63%)  1.03 - 1.06  226,900
Trade this stock with T+7 trading account. Find out more.

Financials


Market Cap: 185 Million

Market Cap 185 Million
NOSH 180 Million

Latest Audited Result:  31-Jul-2017

Latest Audited Result: 31-Jul-2017
Announcement Date 06-Oct-2017
Next Audited Result: 31-Jul-2018
Est. Ann. Date: 06-Oct-2018
Est. Ann. Due Date: 27-Jan-2019

Latest Quarter:  31-Jul-2017 [#4]

Latest Quarter: 31-Jul-2017 [#4]
Announcement Date 29-Sep-2017
Next Quarter: 31-Oct-2017
Est. Ann. Date: 16-Dec-2017
Est. Ann. Due Date: 30-Dec-2017
QoQ | YoY   347.01%  |    -30.05%

Annual (Unaudited) ( EPS: 12.65, P/E: 8.14 )

Revenue | NP to SH 348,510  |  22,780
RPS | P/RPS 193.55 Cent  |  0.53
EPS | P/E | EY 12.65 Cent  |  8.14  |  12.28%
DPS | DY | Payout % 1.19 Cent  |  1.16%  |  9.42%
NAPS | P/NAPS 1.20  |  0.86
YoY   -19.64%
NP Margin | ROE 7.86%  |  10.53%
F.Y. | Ann. Date 31-Jul-2017  |  29-Sep-2017

T4Q Result ( EPS: 12.65, P/E: 8.14 )

Revenue | NP to SH 348,510  |  22,780
RPS | P/RPS 193.55 Cent  |  0.53
EPS | P/E | EY 12.65 Cent  |  8.14  |  12.28%
DPS | DY | Payout % 1.19 Cent  |  1.16%  |  9.38%
NAPS | P/NAPS 1.20  |  0.86
QoQ | YoY   -11.81%  |    -19.64%
NP Margin | ROE 7.86%  |  10.54%
F.Y. | Ann. Date 31-Jul-2017  |  29-Sep-2017

Annualized Result ( EPS: 12.65, P/E: 8.14 )

Revenue | NP to SH 348,510  |  22,780
RPS | P/RPS 193.55 Cent  |  0.53
EPS | P/E | EY 12.65 Cent  |  8.14  |  12.28%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   8.98%  |    -19.64%
NP Margin | ROE 7.86%  |  10.53%
F.Y. | Ann. Date 31-Jul-2017  |  29-Sep-2017


Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Click here to modify the Visible Columns.

Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Jul-2017 29-Sep-2017 31-Jul-2017 4 90,392 11,517 8,187 7,103 - 216,178 - % 9.06% 3.29% 171,570 52.69 50.20 4.14 3.94 0.00 0.00 1.2600 1.20   347.01%   -30.05% 31-Jul-2017 1.28 2.43 30.92 1.02 3.23% 0.00% 29-Sep-2017 1.15 2.18 27.78 0.91 3.60% 0.00%
31-Jul-2017 30-Jun-2017 30-Apr-2017 3 61,719 3,414 2,163 1,589 2,135 232,369 134.41% 3.50% 0.68% 170,860 36.12 34.28 0.93 0.88 1.25 1.19 1.3600 1.29   -79.22%   -53.94% 28-Apr-2017 1.49 4.12 160.22 1.10 0.62% 0.84% 30-Jun-2017 1.55 4.29 166.67 1.14 0.60% 0.81%
31-Jul-2017 27-Mar-2017 31-Jan-2017 2 108,876 12,673 9,572 7,648 - 227,557 - % 8.79% 3.36% 171,096 63.63 60.47 4.47 4.25 0.00 0.00 1.3300 1.26   18.76%   8.99% 31-Jan-2017 1.41 2.22 31.54 1.06 3.17% 0.00% 1.38 2.17 30.87 1.04 3.24% 0.00%
31-Jul-2017 16-Dec-2016 31-Oct-2016 1 87,523 8,936 7,475 6,440 - 218,074 - % 8.54% 2.95% 170,370 51.37 48.61 3.78 3.58 0.00 0.00 1.2800 1.21   -36.58%   -16.67% 31-Oct-2016 1.59 3.10 42.06 1.24 2.38% 0.00% 16-Dec-2016 1.50 2.92 39.68 1.17 2.52% 0.00%
31-Jul-2016 29-Sep-2016 31-Jul-2016 4 125,244 14,941 11,151 10,154 - 190,590 - % 8.90% 5.33% 165,730 75.57 69.56 6.86 5.64 0.00 0.00 1.1500 1.06   194.32%   59.60% 29-Jul-2016 1.48 1.96 24.16 1.29 4.14% 0.00% 29-Sep-2016 1.49 1.97 24.32 1.30 4.11% 0.00%
31-Jul-2016 24-Jun-2016 30-Apr-2016 3 72,948 3,940 4,630 3,450 - 129,103 - % 6.35% 2.67% 108,490 67.24 40.51 3.18 1.92 0.00 0.00 1.1900 0.72   -50.83%   64.44% 29-Apr-2016 1.87 2.78 58.81 1.57 1.70% 0.00% 24-Jun-2016 1.42 2.11 44.65 1.19 2.24% 0.00%
31-Jul-2016 28-Mar-2016 31-Jan-2016 2 99,867 10,515 8,434 7,017 1,619 126,305 23.08% 8.45% 5.56% 107,953 92.51 55.46 6.50 3.90 1.50 0.90 1.1700 0.70   -9.20%   1.52% 29-Jan-2016 2.23 2.41 34.31 1.91 2.91% 0.67% 28-Mar-2016 1.86 2.01 28.62 1.59 3.49% 0.81%
31-Jul-2016 10-Dec-2015 31-Oct-2015 1 104,678 11,290 9,032 7,728 - 122,190 - % 8.63% 6.32% 107,184 97.66 58.13 7.21 4.29 0.00 0.00 1.1400 0.68   21.47%   43.11% 30-Oct-2015 2.54 2.60 35.23 2.23 2.84% 0.00% 10-Dec-2015 2.66 2.72 36.89 2.33 2.71% 0.00%
31-Jul-2015 29-Sep-2015 31-Jul-2015 4 119,991 11,034 6,936 6,362 - 107,912 - % 5.78% 5.90% 107,912 111.19 66.64 3.88 3.53 0.00 0.00 1.0000 0.60   203.24%   11.22% 31-Jul-2015 2.59 2.33 43.93 2.59 2.28% 0.00% 29-Sep-2015 2.44 2.19 41.39 2.44 2.42% 0.00%
31-Jul-2015 23-Jun-2015 30-Apr-2015 3 66,733 4,081 3,020 2,098 - 104,362 - % 4.53% 2.01% 107,589 62.03 37.06 1.95 1.17 0.00 0.00 0.9700 0.58   -69.65%   -6.21% 30-Apr-2015 1.72 2.77 88.21 1.77 1.13% 0.00% 23-Jun-2015 2.16 3.48 110.77 2.23 0.90% 0.00%
31-Jul-2015 27-Mar-2015 31-Jan-2015 2 83,913 8,871 7,984 6,912 1,604 101,647 23.22% 9.51% 6.80% 106,996 78.43 46.60 6.46 3.84 1.50 0.89 0.9500 0.56   28.00%   2.86% 30-Jan-2015 1.52 1.94 23.53 1.60 4.25% 0.99% 27-Mar-2015 1.88 2.40 29.10 1.98 3.44% 0.80%
31-Jul-2015 10-Dec-2014 31-Oct-2014 1 79,703 7,069 6,083 5,400 - 96,050 - % 7.63% 5.62% 75,630 105.39 44.26 7.14 3.00 0.00 0.00 1.2700 0.53   -5.59%   39.21% 31-Oct-2014 1.68 1.59 23.53 1.32 4.25% 0.00% 10-Dec-2014 1.69 1.60 23.67 1.33 4.22% 0.00%
31-Jul-2014 29-Sep-2014 31-Jul-2014 4 89,717 7,172 6,360 5,720 - 74,569 - % 7.09% 7.67% 74,569 120.31 49.83 5.43 3.18 0.00 0.00 1.0000 0.41   155.70%   32.84% 31-Jul-2014 1.52 1.26 19.82 1.52 5.05% 0.00% 29-Sep-2014 1.63 1.35 21.25 1.63 4.71% 0.00%
31-Jul-2014 23-Jun-2014 30-Apr-2014 3 53,345 1,611 2,451 2,237 - 83,237 - % 4.59% 2.69% 74,318 71.78 29.63 3.01 1.24 0.00 0.00 1.1200 0.46   -66.71%   -17.39% 30-Apr-2014 1.40 1.95 46.51 1.25 2.15% 0.00% 23-Jun-2014 1.81 2.52 60.13 1.62 1.66% 0.00%
31-Jul-2014 21-Mar-2014 31-Jan-2014 2 84,491 10,172 7,390 6,720 - 80,758 - % 8.75% 8.32% 74,090 114.04 46.92 9.07 3.73 0.00 0.00 1.0900 0.45   73.24%   37.45% 30-Jan-2014 1.04 0.91 11.47 0.95 8.72% 0.00% 21-Mar-2014 1.16 1.02 12.79 1.06 7.82% 0.00%
31-Jul-2014 12-Dec-2013 31-Oct-2013 1 66,560 5,218 4,600 3,879 - 73,705 - % 6.91% 5.26% 73,705 90.30 36.96 5.26 2.15 0.00 0.00 1.0000 0.41   -9.92%   13.45% 31-Oct-2013 1.12 1.24 21.28 1.12 4.70% 0.00% 12-Dec-2013 1.15 1.27 21.85 1.15 4.58% 0.00%
31-Jul-2013 26-Sep-2013 31-Jul-2013 4 75,304 6,648 4,826 4,306 - 83,686 - % 6.41% 5.15% 36,866 204.26 41.82 11.68 2.39 0.00 0.00 2.2700 0.46   59.01%   110.98% 31-Jul-2013 1.94 0.95 16.61 0.85 6.02% 0.00% 26-Sep-2013 1.06 0.52 9.08 0.47 11.02% 0.00%
31-Jul-2013 24-Jun-2013 30-Apr-2013 3 46,895 2,810 2,777 2,708 - 78,108 - % 5.92% 3.47% 36,843 127.28 26.04 7.35 1.50 0.00 0.00 2.1200 0.43   -44.61%   5.17% 30-Apr-2013 1.32 1.04 17.96 0.62 5.57% 0.00% 24-Jun-2013 2.10 1.65 28.57 0.99 3.50% 0.00%
31-Jul-2013 26-Mar-2013 31-Jan-2013 2 64,046 5,766 5,439 4,889 - 72,144 - % 8.49% 6.78% 35,021 182.88 35.57 13.96 2.72 0.00 0.00 2.0600 0.40   43.00%   67.03% 31-Jan-2013 1.07 0.59 7.66 0.52 13.05% 0.00% 26-Mar-2013 0.91 0.50 6.52 0.44 15.34% 0.00%
31-Jul-2013 21-Dec-2012 31-Oct-2012 1 49,300 4,145 4,010 3,419 - 66,019 - % 8.13% 5.18% 36,882 133.67 27.38 9.27 1.90 0.00 0.00 1.7900 0.37   67.52%   83.23% 31-Oct-2012 0.83 0.62 8.95 0.46 11.17% 0.00% 21-Dec-2012 0.82 0.61 8.85 0.46 11.30% 0.00%
31-Jul-2012 25-Sep-2012 31-Jul-2012 4 49,757 2,028 2,502 2,041 - 61,972 - % 5.03% 3.29% 37,109 134.08 27.63 5.50 1.13 0.00 0.00 1.6700 0.34   -20.74%   -23.79% 31-Jul-2012 0.81 0.60 14.73 0.49 6.79% 0.00% 25-Sep-2012 0.86 0.64 15.64 0.51 6.40% 0.00%
31-Jul-2012 26-Jun-2012 30-Apr-2012 3 44,630 2,910 2,760 2,575 - 59,025 - % 6.18% 4.36% 36,891 120.98 24.79 6.98 1.43 0.00 0.00 1.6000 0.33   -12.03%   41.95% 30-Apr-2012 0.62 0.51 8.88 0.39 11.26% 0.00% 26-Jun-2012 0.63 0.52 9.03 0.39 11.08% 0.00%
31-Jul-2012 30-Mar-2012 31-Jan-2012 2 48,481 3,578 3,428 2,927 - 56,064 - % 7.07% 5.22% 36,405 133.17 26.92 8.04 1.63 0.00 0.00 1.5400 0.31   56.86%   194.47% 31-Jan-2012 0.41 0.31 5.10 0.27 19.61% 0.00% 30-Mar-2012 0.63 0.47 7.84 0.41 12.76% 0.00%
31-Jul-2012 16-Dec-2011 31-Oct-2011 1 46,671 2,105 2,005 1,866 - 52,481 - % 4.30% 3.56% 36,445 128.06 25.92 5.12 1.04 0.00 0.00 1.4400 0.29   -30.32%   373.60% 31-Oct-2011 0.35 0.27 6.84 0.24 14.63% 0.00% 16-Dec-2011 0.38 0.30 7.42 0.26 13.47% 0.00%
31-Jul-2011 23-Sep-2011 31-Jul-2011 4 57,172 2,213 2,898 2,678 - 51,026 - % 5.07% 5.25% 36,189 157.98 31.75 7.40 1.49 0.00 0.00 1.4100 0.28   47.63%   456.59% 29-Jul-2011 0.34 0.22 4.59 0.24 21.76% 0.00% 23-Sep-2011 0.34 0.22 4.59 0.24 21.76% 0.00%
31-Jul-2011 27-Jun-2011 30-Apr-2011 3 43,187 2,165 1,635 1,814 - 48,810 - % 3.79% 3.72% 36,425 118.56 23.98 4.98 1.01 0.00 0.00 1.3400 0.27   82.49%   43.17% 29-Apr-2011 0.33 0.28 6.63 0.25 15.09% 0.00% 27-Jun-2011 0.31 0.26 6.22 0.23 16.06% 0.00%
31-Jul-2011 28-Mar-2011 31-Jan-2011 2 44,703 1,372 781 994 - 46,605 - % 1.75% 2.13% 36,410 122.78 24.83 2.73 0.55 0.00 0.00 1.2800 0.26   152.28%   -8.72% 31-Jan-2011 0.31 0.25 11.36 0.24 8.81% 0.00% 28-Mar-2011 0.32 0.26 11.72 0.25 8.53% 0.00%
31-Jul-2011 23-Dec-2010 31-Oct-2010 1 38,735 346 162 394 - 45,966 - % 0.42% 0.86% 36,481 106.18 21.51 1.08 0.22 0.00 0.00 1.2600 0.26   152.46%   -80.88% 29-Oct-2010 0.36 0.34 33.33 0.29 3.00% 0.00% 23-Dec-2010 0.38 0.36 35.19 0.30 2.84% 0.00%
31-Jul-2010 28-Sep-2010 31-Jul-2010 4 37,804 -208 -562 -751 - 42,299 - % -1.49% -1.78% 30,000 126.01 20.99 -2.10 -0.42 0.00 0.00 1.4100 0.23   -159.27%   -165.82% 30-Jul-2010 0.41 0.33 -16.38 0.29 -6.11% 0.00% 28-Sep-2010 0.43 0.34 -17.18 0.30 -5.82% 0.00%
31-Jul-2010 28-Jun-2010 30-Apr-2010 3 30,604 1,559 1,037 1,267 - 40,777 - % 3.39% 3.11% 36,408 84.06 17.00 3.48 0.70 0.00 0.00 1.1200 0.23   16.35%   -1.71% 30-Apr-2010 0.39 0.46 11.21 0.35 8.92% 0.00% 28-Jun-2010 0.40 0.48 11.49 0.36 8.70% 0.00%
31-Jul-2010 26-Mar-2010 31-Jan-2010 2 29,089 1,400 1,024 1,089 - 40,063 - % 3.52% 2.72% 36,421 79.87 16.15 2.99 0.60 0.00 0.00 1.1000 0.22   -47.16%   288.41% 29-Jan-2010 0.41 0.51 13.71 0.37 7.29% 0.00% 26-Mar-2010 0.40 0.50 13.38 0.36 7.48% 0.00%
31-Jul-2010 29-Dec-2009 31-Oct-2009 1 39,378 2,755 1,903 2,061 - 38,962 - % 4.83% 5.29% 36,413 108.14 21.87 5.66 1.14 0.00 0.00 1.0700 0.22   80.63%   332.88% 30-Oct-2009 0.28 0.26 4.95 0.26 20.21% 0.00% 29-Dec-2009 0.28 0.26 4.95 0.26 20.21% 0.00%
31-Jul-2009 29-Sep-2009 31-Jul-2009 4 46,944 2,852 1,011 1,141 - 37,174 - % 2.15% 3.07% 36,806 127.54 26.07 3.10 0.63 0.00 0.00 1.0100 0.21   -11.48%   103.02% 31-Jul-2009 0.25 0.20 8.06 0.25 12.40% 0.00% 29-Sep-2009 0.25 0.20 8.06 0.25 12.40% 0.00%
31-Jul-2009 29-Jun-2009 30-Apr-2009 3 30,423 880 829 1,289 - 36,048 - % 2.72% 3.58% 36,412 83.55 16.90 3.54 0.72 0.00 0.00 0.9900 0.20   323.01%   87.90% 30-Apr-2009 0.28 0.34 7.91 0.28 12.64% 0.00% 29-Jun-2009 0.25 0.30 7.06 0.25 14.16% 0.00%
31-Jul-2009 27-Mar-2009 31-Jan-2009 2 29,143 -660 -589 -578 - 35,261 - % -2.02% -1.64% 36,352 80.17 16.18 -1.59 -0.32 0.00 0.00 0.9700 0.20   34.69%   -11,660.00% 30-Jan-2009 0.14 0.17 -8.81 0.14 -11.36% 0.00% 27-Mar-2009 0.20 0.25 -12.58 0.21 -7.95% 0.00%
31-Jul-2009 19-Dec-2008 31-Oct-2008 1 43,488 -936 -990 -885 - 35,399 - % -2.28% -2.50% 36,122 120.39 24.15 -2.45 -0.49 0.00 0.00 0.9800 0.20   -257.47%   58.20% 31-Oct-2008 0.14 0.12 -5.71 0.14 -17.50% 0.00% 19-Dec-2008 0.12 0.10 -4.90 0.12 -20.42% 0.00%
31-Jul-2008 26-Sep-2008 31-Jul-2008 4 57,293 359 601 562 - 36,764 - % 1.05% 1.53% 36,400 157.39 31.82 1.50 0.31 0.00 0.00 1.0100 0.20   -18.08%   150.68% 31-Jul-2008 0.23 0.15 14.90 0.23 6.71% 0.00% 26-Sep-2008 0.20 0.13 12.95 0.20 7.72% 0.00%
31-Jul-2008 23-Jun-2008 30-Apr-2008 3 40,297 762 702 686 - 38,313 - % 1.74% 1.79% 36,489 110.43 22.38 1.88 0.38 0.00 0.00 1.0500 0.21   13,620.00%   145.22% 30-Apr-2008 0.28 0.25 14.89 0.27 6.71% 0.00% 23-Jun-2008 0.28 0.25 14.89 0.27 6.71% 0.00%
31-Jul-2008 28-Mar-2008 31-Jan-2008 2 43,559 112 52 5 - 51,499 - % 0.12% 0.01% 50,000 87.12 24.19 0.01 0.00 0.00 0.00 1.0300 0.29   100.24%   100.16% 31-Jan-2008 0.28 0.32 2,800.00 0.27 0.04% 0.00% 28-Mar-2008 0.21 0.24 2,100.00 0.20 0.05% 0.00%
31-Jul-2008 21-Dec-2007 31-Oct-2007 1 39,095 -2,000 -2,100 -2,117 - 37,530 - % -5.37% -5.64% 36,437 107.29 21.71 -5.81 -1.18 0.00 0.00 1.0300 0.21   -90.89%   -583.33% 31-Oct-2007 0.37 0.34 -6.37 0.36 -15.70% 0.00% 21-Dec-2007 0.28 0.26 -4.82 0.27 -20.75% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  14 people like this.
 
godhand @paktua your long term stock?
23/10/2017 11:32
R40s I think the Vietnam factory initial production capacity still is 4.5M pc/yr according to their original plan. But the new factory space can accommodate up to 26M pc/yr, and when demand increases, they will be able to quickly add more sewing machines, in stages, to meet the increasing new orders...
23/10/2017 13:15
Skliew R40s,

Original Vietnam capacity was 15 million pcs....
Initial capacity was assumed @30%....
IF 30% is maintained, initial capacity can ramp up to 7.8million pcs... 4.5 million pcs out of planned capacity of 26 million pcs is too liitle....and not justifiable...
don't forget the Kluang Fabric Mill should have production ahead of the Vietnam factory...which would help the apparel manufacturing to be very competitive as fabrics would be sourced internally...

Whatever it is...the future is bright ...just a matter of time..

After all, the big money is in the waiting....just quote Charlie Munger.. hehe..
23/10/2017 13:46
Booyeah very good company. profit margin at almost new high despite lower revenue. maintaining good cost management. w
23/10/2017 13:54
R40s Skliew,
Thanks for your informative reply, you are right that the original planned capacity of the Vietnam new factory was 15M pc/yr, so the initial startup at 30% utilization rates means 4.5M pc/yr, that's what the RI abridged prospectus had stated...

Then later they changed the building plan with larger factory space to cater for 26M pcs instead of 15M pcs capacity, which is the reason why the construction was delayed because the revised building plan need to be resubmitted for approval. But I believe even with bigger factory, they won't fully install all the machines at one go, otherwise it would face the big problem of ridiculously underutilized rates not justifiable as you said...

The biggest bottleneck of the expansion plan is the building construction, once the building is ready, installation of additional machines should be relatively fast and easy, so the company will be able to meet the increasing demands quickly...
23/10/2017 19:28
R40s As for the fabric mill, the Company has made the right decision to prioritize the mill construction and also enlarge the production capacity. I think their Taiwanese JV partner Meng Chuan has a big role in the decision, because the fabric mill capacity cannot be easily increased like adding sewing machines, and MC being a very established player in this sector will help to market the fabrics produced, after taking care of their own internal consumptions.

So the fabric mill will contribute a lot to their sales revenues, and give higher profit margins from their apparel products. Bright future for Prolexus...
23/10/2017 19:41
Skliew R40s,
Thank you for your analysis.
The Vietnam factory changed in the design from RC structures to Steel structures.
It is much faster to build a steel structure factory than an RC structure factory.
Skilled and abundant labour for textiles manufacturing are available in Vietnam. Since the Kluang fabric mill will start production ahead of the Vietnam apparel factory, and the company is pulling up their socks in marketing by recruiting more higher pisitions and capable marketing personnels, I believe the company would not want to waste time in ramping up the utilization rate of their installed capacities.

I hope that I am not overly bullish...
23/10/2017 20:39
Skliew Additionally, with the capacity in place, the company would be able to take in BIG ORDERS from the ODM manufacturers...

Without the capacity, the company might have lost a lot of big orders in the past ... Don't forget that the customers are world leaders in the sport wears.... the orders could be sizeable.....
24/10/2017 16:42
R40s Prolexus had lost Nike's big orders to MagniTech in the past year simply because their factories were already running full at over 90% capacity (as stated by the Company last year), they got caught off-footed with no more capacity for additional productions while Nike and other big customers experienced a sales boom... Imagine their pains when they reluctantly declined the big orders and then went to their competitors...

So it was a hard lesson learned, this time they decided to get ready, to net the big orders coming to them in future...
24/10/2017 19:15
Skliew Not only is Prolexus expanding apparel manufacturing capacity by almost 3 folds from 14 million pcs per annum to 40 million pcs by venturing into Vietnam, the new Kluang fabric mill (200 million yards per annum capacity) will make Prolexus stands above many others, ahead in competition. It becomes a ONE STOP manufacturer and more cost efficient. Big orders will come its way and the capacity could be utilised faster than anticipated.

No worries on quality and technicalities. Prolexus is smart in partnering Men Chuen Fibre co ltd from Taiwan, a very experienced textile manufacturer, fabrics and apparel, and OEM to many renowned brands such as Adidas, Nike, Puma....

Men Chuen holds 11% equity in Trans Pacific Textiles (TPT), the vehicle for the dual expansions and it has an option to increase their equity to 20+%...Men Chuen will provide not only all the technical advice and more importantly the check and balance...
25/10/2017 06:54
Skliew https://m.facebook.com/story.php?story_fbid=1769222409757155&id=280159251996819

Prolexus' Partner in Trans Pacific Textiles, Men Chuen Fibre Industry Co Ltd, Taiwan, Proof of competency.

Thumbs Up!
28/10/2017 00:06
Irfan Rahman i noticed theres an upgraded/expension at batu pahat factory.. they realy confident with their expension. vietnam/kluang/batu pahat.
29/10/2017 20:13
R40s China factory also was expanded...
29/10/2017 21:09
Fear Trend what happen? bargain hunting? should accumulate more? or wait?
06/11/2017 15:49
wonder9k How does SC know that Prlexus's cash holding doesnt not have enough Islamic Deposit to stay below 33%? Is Prlexus required to furnish them the detail seperately as it is not shown in audit report
07/11/2017 15:44
nikicheong @Fear, always stick to a plan. Don't saja saja accumulate. Better you buy with targets. Say, RM1.20 then top up again every 5% or 10% fall. Like that market fluctuations do not bother you much.

As for me, I will wait for a while more, and maybe top up if it falls to the RM1.07 region. The reason is I see better/clearer prospects elsewhere. Prolexus is now the smallest company in my 5 stock portfolio at just 5.5% of my holdings.
07/11/2017 22:47
Yole Bek @niki what's your average price?
08/11/2017 12:51
nikicheong I only buy once at 1.16
08/11/2017 13:59
Jon Choivo Id buy some, but i like other companies as well. Oh well.
09/11/2017 01:27
Booyeah recently, Nike and under armour reported target lower sales and Chinese news paper lower the target the prlexus as well.. probably one of the causes of the decline in share price. Niki, u still confident with prlexus?
09/11/2017 09:47
nikicheong Yes, I hold my position for now. Won't add until it goes lower to ~RM1.07, and even then it depends on various factors. However it is a moderate conviction buy. There are other high conviction buys for me out there. Like Jon says above, I like other companies as well. Need a bit more clarity on the startup of the new factories I reckon before I double down.
09/11/2017 09:54
Booyeah thanks on the clarification. will monitor again..
09/11/2017 22:10
paktua73 Post removed. Why?
10/11/2017 13:15
nikicheong SC Shariah compliant securities list will probably be out around 23-24 Nov 2017. If you are a betting person and are confident in a re-inclusion, might be prudent to put some money to work.
10/11/2017 21:02
kok1984 公司簡介
綿春纖維工業股份有限公司成立於1987年3月,公司資本額為五億一千三百九十五萬元,為顯昱關係企業於台灣地區彙集織造、染整與進出口營銷貿易之主要成員,公司設立於台北市內湖區,並於桃園一帶擁有織造,染整,物流等各個生產廠區。

長年的努力經營,綿春纖維累積的不只是技術、口碑及優良品質,顧客致上的信念,也是綿春的保證。堅毅而持久,如松柏般欣欣向榮卻沉穩的生命力在日新月異的市場中添了璀璨的一筆。在背負深獲市場品牌口碑的使命下,綿春纖維成立研發部門與鑽研新布料開發技術,使其能夠快速反應市場並且提早洞悉客戶所需;引進國外先進自動電腦生產設備,擁有世界級生產水準,並具備各國際品牌標準化認證之實驗設施,確保生產品質。

在營銷成果方面,綿春纖維每年都精益求精,年營業額已經上看至新台幣三十五億左右,屬台灣地區所有製造業的排行前八百名,論及一個白手起家的公司,能有如此優異的成果實屬不易。紡織業為傳統產業,跳脫傳統巢臼,保留傳統之美德,它的市場發展可因經營的理念新穎而無限的延伸。綿春纖維秉持著不斷創新的精神,提升自我實力,開發紡織產業各類別之市場,以期企業之永續經營
13/11/2017 00:20
nikicheong Exited today @1.14. I still have faith in this being a quality long-term stock however I wanted to put my capital to better use in something I am both more certain about, and where the potential payoff is higher.

Still KIV Prolexus though. If the catalysts get stronger and the price weakens further, I might come back in. Still believe this can double/triple within 5 years.

Good luck to everyone else who still remains. Cheers!
14/11/2017 13:10
funsapple i think will drop below 1.00 , stay tune and collect from the bottom~
15/11/2017 10:54
DreamHigh vietnam expansion plan will be delayed.
17/11/2017 21:40
RainT Nikicheong

You are Prlexus big supporter, you also left ...oh no

Prlexus Ship to sink soon
19/11/2017 17:28
RainT Where you get info the Vietnam plan is being delay ???
19/11/2017 17:28
uptrending Concentrate on the fabric mill first and it will improve the margin by 5%..would not strain balance sheet and management... If apparel revenue @RM400million, this will bring in additional profit of Rm20 million lo...

The fabrics from the new fabric mill, apart from supplying in-house, can also sell to other manufacturers..and generate additional revenue and profit. The ultimate annual capacity of the fabric mill is a wobbling 200 million yards leh....The fabric mill alone will generate tremendous growth...
20/11/2017 08:07
sl3ge Announcement say it want to right issue?
20/11/2017 08:56
newbiecc http://www.malaysiastock.biz/Company-Announcement.aspx?id=1014395
20/11/2017 09:39
newbiecc The fabric mill is being built on a 14.4 hectares of freehold land in Kluang, Johor which is
about 60km from the group’s current main factory in Batu Pahat, Johor with an initial built-up
area of 361,000 sq. ft. Construction of the said mill began in February 2017 and is expected to
be completed and fully commissioned in the first half of 2018. The estimated initial annual
production capacity of the mill is about 30.0 million meters.
20/11/2017 09:42
nikicheong Better sell and run for now. Vietnam is indefinitely delayed, while the fabric mill will now only launch in H1 2018. Lucky I sold last week at 1.14.

Can revisit later on when the price weakens to RM0.80-RM0.90 and when the risk-reward profile is more attractive.
20/11/2017 10:02
uptrending Price holding well, what the hack! I thought it would tumble for me to buy cheap cheap ! Haiz....
20/11/2017 11:13
funsapple this company got problem, better switch to KESM
20/11/2017 11:48
uptrending KESM has gone up 10 folds.... Good luck ! hehehe
20/11/2017 14:35
R40s sl3ge, this is not a new RI, it's from last year's RI, the balance money to be reallocated for the Fabric mill instead of keeping for the Viet's factory...

The fabric mill is expected to be completed and fully commissioned in the 1H2018, that means Q1 or Q2-2018, only another few months away...
20/11/2017 15:33
R40s The market overreact, now trading at PE 8.5 only...

This is unjustifiable, eventhough the Vietnam factory on hold, they are still expanding, what more now they fast track the fabric mill to speed up their expansion into upstream business, which will give higher revenues and higher profit margins...
20/11/2017 15:43
RainT After quarter result out , will below RM1.00
20/11/2017 22:56
reiki6 sick.. ::>_<::
21/11/2017 15:15
mrk2ca Write a comment..Prlexus now syariah compliance...hope EPF stop disposing
23/11/2017 20:17
Jon Choivo R40, relax. Let it drop lah. So what. I owned since 1.3.

If it drop below RM0.9 can start to buy more d.

The thing not good about this management is, always ESOS, always right issue, always warrant issue.

Niama, need money take loan lah, no need issue shares one.
23/11/2017 20:20
wonder tmr last call to buy cheap ya
23/11/2017 20:27
newbiecc https://www.sc.com.my/wp-content/uploads/eng/html/icm/sas/sc_syariahcompliant_171124_.pdf

Page 17.
24/11/2017 08:36
R40s Not page-17, see page-20, no. 72 :

72. 8966 Prolexus Bhd

Next week onwards should see EPF/AMUNDI buying back Prolexus shares, much cheaper for them now...
24/11/2017 11:28
uptrending Beware, Automation and Robotics technology advancement may spell the end of apparel contract manufacturing worldwide...

Sorry... just check it out yourself....
24/11/2017 11:38
tealeaf automation n robotic not only end apparel industry
24/11/2017 11:57
uptrending dare not to talk more .....
24/11/2017 12:02