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0.40   0.00 (0.00%)  0.395 - 0.40  151,500
10,083 comment(s). Last comment by learnbyheart at Dec 24, 2021 12:35 PM
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KINGCOBRA
547 posts

Posted by KINGCOBRA > Oct 4, 2021 9:10 AM | Report Abuse

In Bursa Malaysia u don't predict so much and even those expert sifus can be wrong...Even those companies making at the loss can GO up whereas profit making can go lower lows.. all depends on operators what a joke sometimes loss making can GO limit-up!!!!!!!!


jojo69
59 posts

Posted by jojo69 > Oct 6, 2021 12:25 PM | Report Abuse

Found that Proxmask's local sales in Shopee & Lazada are still quite good. I don't know how their overseas mask orders are now? If the order volume is good, will it soar next quarter? karadis and alvin want to share something?


Eastern686
456 posts

Posted by Eastern686 > Oct 6, 2021 5:32 PM | Report Abuse

Anyone who buy prlexus at current price is for its future performance in garments aka pakaian jahitan business. Its facemask business no need bother, just like gloves whatever extra money made is a past issue.


learnbyheart
450 posts

Posted by learnbyheart > Oct 6, 2021 5:35 PM | Report Abuse

i just hold with 49% paperloss. just hold for its nett cash


alvin1188
171 posts

Posted by alvin1188 > Oct 6, 2021 6:11 PM | Report Abuse

jojo69, don't simply say my information is incorrect. I took this information from the latest quarterly report.

Don't be lazy, go read their latest QR. I don't want to be like a father scolding a lazy son.

in the QR, it is stated:

Current quarter results have been negatively impacted by the Movement Control Order 3.0 starting from 1 June
2021 whereby business activities are restricted to essential service sectors only. The operation of non-essential
service in the textile and apparel division were suspended and this has impacted the product delivery schedule to the
buyers. Besides actively engaging with the buyers on the rescheduling of delivery dates, the Group has seek
alternative with the China plant.


alvin1188
171 posts

Posted by alvin1188 > Oct 6, 2021 6:12 PM | Report Abuse

So, this statement is correct!

"Positive sign/surprise is - during this MCO3.0, they have better revenue/sales in Q4 on apparel compared to Q3 (when no MCO3.0):
in Q3 - total revenue is 35,371 (without MCO 3.0)
In Q4, - total revenue is 38,671 (with MCO 3.0)"


jojo69
59 posts

Posted by jojo69 > Oct 7, 2021 10:14 AM | Report Abuse

Your bad-virtue makes me extremely agree with @Jason's metaphor: You are a liar!


Jason
259 posts

Posted by Jason > Oct 8, 2021 11:07 AM | Report Abuse

No need argue, next 2 QR can prove it.. I keep laughing


karadis
229 posts

Posted by karadis > Oct 8, 2021 12:33 PM | Report Abuse

Agreed with Jason, don't need to argue.

Prlexus (8966) performed poorly as expected, can we still buy the share? It's a time now!
https://klse.i3investor.com/blogs/karadis/606467.jsp


karadis
229 posts

Posted by karadis > Oct 8, 2021 12:55 PM | Report Abuse

The next problem they may face is that they should repurchase their company's stock, not only to stabilize the stock price (this is why it has remained above 0.40 for a long time), but also to ensure that the stock price must be above a certain price.

Otherwise, in the case of insufficient funds (obviously negative cash flow), Prolexus may have to face the risk of being sniped and acquired. This is very likely to happen, because NAPS still has 0.99, isn't it? For those of us small investors, it may be a good thing! Let us wait patiently for the development of the situation!


karadis
229 posts

Posted by karadis > Oct 8, 2021 12:57 PM | Report Abuse

Therefore, it may be time to hold the ticket in hand, or maybe the right time to enter the venue. Let see if my views in this round are correct or not?


karadis
229 posts

Posted by karadis > Oct 8, 2021 2:04 PM | Report Abuse

Share Quantity = 276,569,231
Share Price (08/10) = RM 0.41
Market Capital = RM 113 million

35% = 40 million

If the average purchase price is 0.50, then the 35% acquire is only RM 48 million. For a powerful group company, this is not expensive at all. It can immediately be converted into production capacity and create greater revenue. Those who are still growing during the epidemic, when they acquire these problematic but potentially valuable companies will be the key to take off after the epidemic. Believe that these high-quality companies will not easily give up this century's rare opportunity.

Will it happen? I don't know, but let's wait and see.


jojo69
59 posts

Posted by jojo69 > Oct 8, 2021 2:17 PM | Report Abuse

Does that mean that if Prolexus' stock price continues to fall, the probability of being acquired will be higher? Because for market competitors, they can buy valuable items at lower prices.

If Prolexus does not protect itself, it will be acquired in a shorter period of time. Unless they repurchase their stock as soon as possible, in this way may be can avoid the possibility of acquisition risk?

Understood. So, the continued decline in stock prices is serious bad news for Prolexus. They must look for funds to buy back shares, and keep price up or the company will change the management team. That why you said it's the time to hold the ticket in hand, right?


karadis
229 posts

Posted by karadis > Oct 8, 2021 2:46 PM | Report Abuse

Uncle JoJo is really smart. Let’s take a look at Prolexus’ shares %.

https://klse.i3investor.com/blogs/karadis/2021-06-24-story-h1567025560...


The largest shareholders are Lau Mong Ying (Direct + Indirect = 20.59%) and Lau Mong Fah (Direct + Indirect = 10.53%), totally 31.12%.

The shares of other directors add up to only 1.39%. Therefore, the number of shares circulating in the market is too much, and the price is low now, the prospects are worrying!

I once said that "BONUS ISSUE" is one of their biggest mistakes! This policy seems to help the company stabilize the stock price in the short term, but it consumes a large amount of the huge profits that are rare in 2020 Q3. This is the biggest failure of their CFO. The potential consequence is that once any group company snipes them, they can't stop them at all, because they have no ammunition. Good luck for them, but it's seem a good new for us as retail investors.


alvin1188
171 posts

Posted by alvin1188 > Oct 8, 2021 7:40 PM | Report Abuse

wow.. looks like karadis = jojo69 = Jason... look at the way how they replied... same style...

Btw, jojo69 (who is also karadis & jason), you showed bad-virtue to me, not me.

You started this nonsense talk which insulted me:


jojo69 Seeing Alvin's positive response, how did it feel so obvious that he was like an insider.

At the same time, Alvin responded to Jason in the same tone as his father taught his son, I was watching and laughing.


alvin1188
171 posts

Posted by alvin1188 > Oct 8, 2021 7:41 PM | Report Abuse

jojo69, before you claimed that someone is not respecting you, please la... u started the nonsense talk of father & son... so I just "returned" the same to you


alvin1188
171 posts

Posted by alvin1188 > Oct 8, 2021 7:44 PM | Report Abuse

@Karadis, have you already signed up basic/amateur investment class and studied what it means by "dealings outside closed period"? hahahahahahahahahahaha...
whenever I saw this term, I think of you....


karadis
229 posts

Posted by karadis > Oct 11, 2021 10:37 AM | Report Abuse

Prolexus (8966) Is there a risk of being sniped and acquired?

https://klse.i3investor.com/blogs/karadis/607868.jsp

The article is only to provide a possibility that maybe happen for discussion, not a summary or conclusion. Let us sit and see anything will be happen if Prolexus's cake is enough attraction?


karadis
229 posts

Posted by karadis > Oct 11, 2021 11:04 AM | Report Abuse

Is there a risk of being sniped and acquired?

It means that several possibilities will happen:

1. The sniper managed to sell down and lower the stock price before making an acquisition.

2. The sniper has accumulated a certain amount of shares in the market, and took advantage of the negative cash flow of Prolexus to increase the sniper force, which caused them to be unable to defend and then complete the acquisition.

3. No company is optimistic about Prolexus, and no one wants to acquire it.

The possibility (1) & (2) will happen, and it is good news for investors in the medium and long term, because once the acquisition occurs, the stock price will basically rise substantially.

In order to avoid possible risks, Prolexus must support and repurchase its own stock, otherwise once this problem occurs, the company will have to change owners. After all, Prolexus's assets are still somewhat attractive to peers. Then the stock price should be increase also. That why I comment that maybe it's a time to hold the ticket now.


karadis
229 posts

Posted by karadis > Oct 11, 2021 11:05 AM | Report Abuse

So, should we pray that someone will buy it or no one wants to buy it?


karadis
229 posts

Posted by karadis > Oct 11, 2021 11:21 AM | Report Abuse

If no company is optimistic about Prolexus, and no one wants to acquire it. And Prolexus also not protect and maintain the price by themself. What will be happen next? As the price gets lower and lower, it will become more and more attractive. Then?


blistering
116 posts

Posted by blistering > Oct 25, 2021 11:18 PM | Report Abuse

markat seems reversal wave coming anytime soon before next QR, economy open fully running plant output and more cash profits coming in :D :D lets buy more


karadis
229 posts

Posted by karadis > Oct 27, 2021 3:19 PM | Report Abuse

Although it has risen by nearly 10% since the 8th, it is still optimistic before the release of the next quarter's financial report. I believe there should be growth in the next two quarters. It’s not easy to be worse than last quarter.


learnbyheart
450 posts

Posted by learnbyheart > Oct 27, 2021 5:39 PM | Report Abuse

still holding and hopefully it can recover it pre bonus issue price


blistering
116 posts

Posted by blistering > Nov 17, 2021 12:34 AM | Report Abuse

Proposed SBB is a massive Boost for share price...big pump Coming soon!!!


blistering
116 posts

Posted by blistering > Nov 21, 2021 5:53 AM | Report Abuse

heard insiders that some foreign company is trying to swept the shares from the open market!! another big pump coming!! lets hop on for the big swings up


imvu
3628 posts

Posted by imvu > Dec 16, 2021 3:04 AM | Report Abuse

prlexus-wb , collect sikit sikit , collect sikit sikit , jutawan di hadapan .


learnbyheart
450 posts

Posted by learnbyheart > Dec 16, 2021 4:26 PM | Report Abuse

today the QR maybe out..hopefully better than Q4 result


learnbyheart
450 posts

Posted by learnbyheart > Dec 23, 2021 7:28 PM | Report Abuse

promising QR..seem like business pick up as usual


Eastern686
456 posts

Posted by Eastern686 > Dec 23, 2021 8:19 PM | Report Abuse

Prlexus mostly a 40c stock.


davidkkw79
4956 posts

Posted by davidkkw79 > Dec 23, 2021 8:50 PM | Report Abuse

So disappointing result...
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3221187


amateurJR
2051 posts

Posted by amateurJR > Dec 24, 2021 10:07 AM | Report Abuse

Is there anyone holding this stock at rm1+


learnbyheart
450 posts

Posted by learnbyheart > Dec 24, 2021 12:35 PM | Report Abuse

I am holding about 3 month before bonus issue

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