Highlights
KLSE: PRLEXUS (8966)       PROLEXUS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.43   -0.005 (1.15%)  0.425 - 0.435  450,300
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Change in Risk Committee

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Ann. Date Date Type Designation Name View
16-Dec-2020 16-Dec-2020 CESSATION OF OFFICE Chairman of Risk Committee TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI View Detail
16-Dec-2020 16-Dec-2020 REDESIGNATION Risk Committee BOO CHIN LIONG View Detail
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  19 people like this.
 
alvin1188 with the delta variant being rampant throughout the whole world, we see that countries like USA, EU are reinforcing their ppl to wear a mask again when entering indoor premises. So it is likely that the sales of ProXMask and fabric will be boosted due to higher demand now.
18/08/2021 3:25 PM
VFTRADER 东南亚世界工厂的“坍塌”
https://view.inews.qq.com/a/20210819A00ABG00?uid=#
19/08/2021 8:48 PM
jojo69 I heard from Batu Pahat's friends that the Honsin Apparel epidemic has broken out again. Hundreds of people have been infected and have been blocked. Someone here please double comfirm is it true?
23/08/2021 4:39 PM
learnbyheart so many bad news mehh.. hahaha
23/08/2021 6:59 PM
Hoot9Yee Big news coming guys. Stay tune
02/09/2021 3:07 PM
cookielookz What news? Haha
02/09/2021 7:47 PM
tokhang21 good news or bad news haha
03/09/2021 4:50 PM
cookielookz ui dont suspense suspense le
03/09/2021 8:03 PM
ShareBurger why so quite here ready?
06/09/2021 9:41 AM
cookielookz Zzz, wait annual report
06/09/2021 11:20 AM
cookielookz Really sucks this company
07/09/2021 1:16 AM
tokhang21 any news??
07/09/2021 4:26 PM
cookielookz sold all already. go and play crypto better.
07/09/2021 5:26 PM
YC88 be patient
07/09/2021 8:30 PM
tokhang21 sooo queit here oledi..
15/09/2021 10:09 AM
15/09/2021 12:16 PM
tokhang21 when the good news wanna out?? QR?
20/09/2021 11:29 AM
Jason Miss Karadis & Alvin debate
21/09/2021 5:53 PM
nubiskubissss ya lo. where are they missing? calling for karadis and alvin <<<<<
21/09/2021 7:18 PM
Sneakpeek Congrats all..52w lowest achieved
30/09/2021 9:17 AM
Jason Look at the QR, we knew who is tell lie..
30/09/2021 9:25 AM
tokhang21 can up?
30/09/2021 9:38 AM
alvin1188 @Jason, hello..
do you know how to interpret the QR? let me teach u now
30/09/2021 12:11 PM
alvin1188 To be frank, the results are better than what I expected as I expected a bigger loss due to the MCO3.0 restriction on non-essential apparel business.

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.

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)

What does this mean? they have won more sales orders from customer in last quarter just that they were not allowed by government to operate.

This slapped the face or those haters that they lost business in apparels.

The main reason why they have a loss in the latest quarter is - MCO3.0, not allowed to operate.

Imagine if there is no MCO3.0, I am quite sure they will show positive profit.

Of course another risk is shortage on foreign labor but every company has that issue now.
30/09/2021 12:18 PM
alvin1188 @Jason - don't simply look at the summary of Profit & Loss table.. everyone knows how to read it..
learn how to interpret the details and reasons behind...
See, give you free lessons already..
ok, those who wanna sell off... please sell now.. I want those weak holders to get out of the shareholding...
30/09/2021 12:20 PM
alvin1188 prlexus has a NTA of 99sen/share, now share price is less than half of its NTA... u think about it.. when they MCO is over and they can fulfill the sales delivery, guess what? u think about it yourself
30/09/2021 12:21 PM
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.
30/09/2021 12:33 PM
Sneakpeek Yeah..30cents coming up
01/10/2021 10:31 AM
jojo69 Reading the financial report carefully, found that Prolexus is indeed very unhealthy. I believe it is inevitable that the stock price will continue to fall. Let us wait for the price contonue decline, and believe that it may even fall below 0.30! Then it's may the good time to collect.

The information as below that written by alvin1188 is wrong.

"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)"


Please refer to the links as below.
https://www.rahmatlim.com/perspectives/articles/17541/mykh-covid-19-response-faqs-mco-2021
01/10/2021 11:24 AM
KINGCOBRA 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!!!!!!!!
04/10/2021 9:10 AM
jojo69 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?
06/10/2021 12:25 PM
Eastern686 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.
06/10/2021 5:32 PM
learnbyheart i just hold with 49% paperloss. just hold for its nett cash
06/10/2021 5:35 PM
alvin1188 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.
06/10/2021 6:11 PM
alvin1188 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)"
06/10/2021 6:12 PM
jojo69 Your bad-virtue makes me extremely agree with @Jason's metaphor: You are a liar!
07/10/2021 10:14 AM
Jason No need argue, next 2 QR can prove it.. I keep laughing
08/10/2021 11:07 AM
karadis 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
08/10/2021 12:33 PM
karadis 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!
08/10/2021 12:55 PM
karadis 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?
08/10/2021 12:57 PM
karadis 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.
08/10/2021 2:04 PM
jojo69 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?
08/10/2021 2:17 PM
karadis 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.
08/10/2021 2:46 PM
alvin1188 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.
08/10/2021 7:40 PM
alvin1188 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
08/10/2021 7:41 PM
alvin1188 @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....
08/10/2021 7:44 PM
karadis 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?
11/10/2021 10:37 AM
karadis 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.
11/10/2021 11:04 AM
karadis So, should we pray that someone will buy it or no one wants to buy it?
11/10/2021 11:05 AM
karadis 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?
11/10/2021 11:21 AM


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