Posted by Jeremy_Chew > Dec 3, 2018 2:00 PM | Report Abuse

from Annual Report 2018:

FUTURE PROSPECTS
Despite challenges faced in FY2018, the apparel division
is expected to improve its revenue contribution to the
Group in the next financial year by securing more orders
from existing and new customers. Further improvements
in efficiency and cost control measures will also be
implemented to remain competitive and strengthen the
Group’s profitability.

The advertising segment is expected to contribute
positively to the Group’s financial performance in the next
financial year. Moving forward, the advertising segment
intends to expand and add more digital outdoor screens in
strategic locations throughout Malaysia.

The completion of our textile mill is an important milestone
for the Group. The Group is expected to benefit from
internal procurement of knitted fabrics with gradually
improved profit margins and control over the supply chain.
External sales of knitted fabrics will also provide the Group
with additional source of revenue stream. Nevertheless,
we expect the textile mill to have a negative impact on
the Group’s financial performance for the next financial
year due to low capacity utilization in its initial years of
operations.

Posted by abang_misai > Dec 3, 2018 2:04 PM | Report Abuse

Just buy & keep. Risk? Tiny atom small.

Posted by Jeremy_Chew > Dec 3, 2018 2:07 PM | Report Abuse

Seems like 2019 business will improve with more orders secured for the apparel business. Advertising business is also expanding. For the fabric/textile mill that just received OC in Oct 2018, it will not contribute much in 2019 due to the "gesture period"... but for long term, this is a vertifically integrated business that can control costs and supply chain...

if you have holding power and adopt mid to long term investment strategy, probably can start accumulating this share now... look at their past years record (before 2017), they have good records...

the question now is... can they really improve to what they used to be (before 2017) or even better?

that is a bis question... and who are their current competitors? btw, Magni is not Prlexus direct competitor as they produce different kind of apparel materials for Nike.

Posted by Jeremy_Chew > Dec 3, 2018 2:08 PM | Report Abuse

abang_misai bought a lot already?

Posted by Flintstones > Dec 14, 2018 7:30 PM | Report Abuse

Sell. Karex No. 2

Posted by Jeremy_Chew > Mar 6, 2019 3:48 PM | Report Abuse

what happened to Prlexus today? ate tongkat Ali?

Posted by rsagamas > Mar 13, 2019 8:58 AM | Report Abuse

Dear All, suggest all investor friends here look into the fundamental of this Co than only look at broker firm suggest to buy report. Mean before buy a company stock, understand inside info will help for long term. else a person who simply invest will tend to lose than earn. TQ

Posted by rsagamas > Mar 13, 2019 9:19 AM | Report Abuse

Like Warren Buffett said, fundamental are important. Warren Buffett also suggest if we need to invest a company, try to learn more details from their annual report, change of each major shareholders or share changes move; their major clients, business model, etc.

Mean also he suggest we need to try to understand more of the target invest Co's management teams, Internal morale, competitive edge ; anything happen to their good key personnel and teams,especially largest contract manufacturing "XXXX" Brand team or not......any challenges to compete with other main competitors or not ? What happen to their other main customer ? Brand UxxxxxAxxxxx global sales drop, any impact to their sales or not ???? ( normally OEM textiles orders have been known their orders 1 to 2 years in advance subject to product range. ) ; How do such contract manufacturer 's Mkt positioning to get their order ? is it good profit margin ? or order very depedent on certain source ?

Posted by Peak > Mar 26, 2019 12:28 PM | Report Abuse

sadly to say i cut loss this counter, loss about Rm 400k.

Posted by shpg22 > Mar 26, 2019 12:35 PM | Report Abuse

Expect FY19 Q2 result to deteriorate further

Posted by Peak > Mar 26, 2019 5:28 PM | Report Abuse

Rev up but profit drop 90%

Posted by RainT > Mar 27, 2019 6:29 PM | Report Abuse

@peak

are u kidding ?

loss RM400,000

this must be very painful and have lots of sleepless night

Posted by RainT > Mar 27, 2019 6:31 PM | Report Abuse

WB theory cannot apply in Bursa la

In Bursa got how many company like Coca Cola or Apple or other that have strong moat and good management that can last long

read so many WB story and book ...but in Bursa is different , not really can apply

in Bursa there is lots of insider trading and not people take action to catch and also the share price is control by institutional investor

so good not meaning share price will up or bad not means share price will down

Posted by RainT > Mar 27, 2019 6:33 PM | Report Abuse

before this I also invest in PRLEXUS by sell already when it report bad quarter report

PRLEXUS and MAGNI is quite same ...both also depend on NIKE and UNDER AMOUR

so need check and always update on NIKE and UA demand , if not is dangerous

Posted by Aaron Foo > May 24, 2019 8:47 AM | Report Abuse

http://news.seehua.com/?p=451794&fbclid=IwAR3k6EgsdLq2xZGi8AdhwzWL6Mv0hTcviFfdW2Zf6sBFGkMLtWOC2UOXvD0

Posted by Jeremy_Chew > May 27, 2019 1:36 PM | Report Abuse

key note from the link above:
他称，像大马服装纺织业的代工订单大为增加，不少欧美服装大牌子都将代工从中国转移到大马。

guys... with the US-China trade war, Nike and UA are moving more contracts out from China to countries like Vietnam and Malaysia, Indonesia.. etc... Prolexus is going to benefit a lot from the increase in sales order.. in fact, I believe they have already received additional orders from Nike & UA.. let's wait and see for the next few quarters.. hehe... hold tight, the flight is going to depart very soon!!!

Posted by Peak > May 31, 2019 12:45 PM | Report Abuse

look at share price of PCCS,shooting up, their business also same with Prlexus

Posted by Infinite > Jun 1, 2019 6:42 AM | Report Abuse

Opportunity to local textile industry, while order back to regional country, the utilisation of new fabtic mill wiĺl also incease , then their profit soon will fly back to previous level.

Posted by Peak > Jun 10, 2019 9:49 AM | Report Abuse

i think take few years to recover their share price like Rm 1.70

Posted by Peak > Jun 10, 2019 10:36 AM | Report Abuse

OTHERS Prolexus Berhad ("Prolexus" or "the Company") - Response to Article Published on 16 May 2019
PROLEXUS BERHAD

Type Announcement
Subject OTHERS
Description Prolexus Berhad ("Prolexus" or "the Company")
- Response to Article Published on 16 May 2019
With reference to the article entitled "Prolexus exploring potential exit options for manufacturing business" on 16 May 2019 as attached, the Board of Directors ("Board") of Prolexus, after making due enquiry from its directors and major shareholders of the Company, wishes to clarify that the article is not factual as it contained certain material erroneous information.



The Board confirmed that the business direction of the Company remains unchanged and the major shareholders have no intention to dispose their controlling stake in Prolexus.



The Board is cognizant of disseminating material information through proper communication channels and in accordance with the Main Market Listing Requirements of Bursa Securities. As such, shareholders and/or stakeholders are advised to refer to our official website (www.prolexus.com.my) or Bursa website for information or announcement relating to the Company.



This announcement is dated 31 May 2019.

Posted by Peak > Jun 20, 2019 4:29 PM | Report Abuse

price drop, should be poor financial result

Posted by shpg22 > Jun 20, 2019 4:51 PM | Report Abuse

Expected to be negative next quarter. Nothing suprising

Posted by Aaron Foo > Jul 3, 2019 4:27 PM | Report Abuse

Lousy company

Posted by shareinvestor88 > Jul 4, 2019 10:15 PM | Report Abuse

SELL SELL TP 10c

Posted by DreamHigh > Jul 19, 2019 2:44 PM | Report Abuse

Directors accumulating? Hahahha