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  sujibaby Many questions to ponder upon. If you are curious as me, do take a read. Prolexus (8966): Running out of orders? Really? Facts based speculation - 29 July 2021 - Sujibaby https://klse.i3investor.com/blogs/sujibaby_yongtai/2021-07-29-story-h1568848608-Prolexus_8966_Running_out_of_orders_Really_Facts_based_speculation_29_J.jsp 29/07/2021 1:54 PM  ShareBurger @sujibaby: Whoa lan noi..si beh cun! 'As the designated successor of the talented Lau Mong Ying, what has been achieved so far by the new Executive Director is indeed disappointing. The revenue drop, lack of orders secured and an under-utilized textile factory with poor operation management of its own.' told you all..useless fellow! 29/07/2021 3:12 PM  jojo69 @sujibaby, Your professional sharing makes me shine. Prolexus bull-run came to an end when its revenue started to take a hit in 2016 and 2017 onwards. As shown below, Prolexus revenue and profit has not been experiencing stable growth upon Q2/2017. The interesting fact was, it was not due to the fall of revenue or share price performance of Nike. Took a peak at Nike's share price performance, my goodness me! --------------------------------- Agree!!! What if Nike order reduction is not the only reason for the downfall? --------------------------------- This broadened my horizons! You mean that MD Lau Mong Ying mistakenly appointed CFO to become Executive Director. Is this the real reason for the decline of Prolexus? Only MD Lau Mong Ying can know whether the person appointed has fully played the role of CEO. But obviously after the CFO was appointed as Executive Director, Prolexus has been in decline. MD Lau Mong Ying for building Prolexus actively since 2011. As an investor, he is the kind of leader that can hold my money so that I sleep well at night. --------------------------------- Agree!!! Although we could never deny a possible rise after the downfall, the future seems bleak without a change of leadership for sure. As investors, it is important to have a holistic approach on share price growth as it often reflects business potentials with visionary leaders. Prolexus certainly has its serious concerns. --------------------------------- Agree!!! If I were to be among the members of the board, wouldn't I be worried on the outcome of Prolexus upon retirement of Lau Mong Ying? --------------------------------- Agree!!! So, what caused the extraordinary profit in Sept 2020? Who were the employees that made it happen? Are they still being employed? That is a million dollar question to answer. As an investor, that is the question that we may ask the management. --------------------------------- Agree!!! 29/07/2021 3:23 PM HSIF88 Bought a bit today. Hope it will rebound above 0.50 despite all the negative reviews by the experts here by tomorrow. 29/07/2021 6:26 PM karadis Technical View - Prolexus Bhd - Down Trend It is expected that a drop to 0.25~0.30 is the best entry point due to the technical analysis. https://klse.i3investor.com/blogs/karadis/566621.jsp 30/07/2021 7:15 PM ShareBurger I buy 0.25 later. Warrant jialat..sooo expensive now. Going to waterfall liao..run!!! 31/07/2021 5:20 PM jojo69 Obviously not optimistic, I think it is very dangerous to drop a little every day. People who still have tickets in their hands really need to pay attention. I will consider collecting some tickets at a price when lower than 0.3, it's will be more low risk. And warrant b is overvalue too much, be careful. 02/08/2021 6:36 PM risktoreward I still believe the tide is turning, in the overall market. It will carry this boat as well 02/08/2021 7:25 PM jojo69 I think the trend is already obvious. It is really important to recognize the facts, because wrong persistence can lead to more serious consequences. 05/08/2021 7:01 PM  calvintaneng ProXMas was a champion product But there is no moat So many are producing Masks to dilute Prolexus profits See https://www.globaltimes.cn/page/202101/1213421.shtml Calvin sold & took profits & now switched to palm oil China set up 38,000 face mask factories in just one or two short months But China cannot set up Palm Oil in less than 4 years to see first fruit 05/08/2021 8:06 PM jojo69 @calvin, I'm agreed with you point. Proxmask was a champion product, but there is no moat. This is why I agree with @sujibaby's point of view as below: So, what caused the extraordinary profit in Sept 2020? Who were the employees that made it happen? Are they still being employed? That is a million dollar question to answer. As an investor, that is the question that we may ask the management. --------------------------------- Agree!!! 29/07/2021 3:23 PM They seem to have successfully transformed in that time and developed the excellent products. But after that, they have stagnated, and it seems that the team leading the innovation has gone. If that is the case, then I think the current CEO must be incompetent. Because he has no ability to gather a good team. It must be negative for future of Prolexus. I will wait and see when there are bargains to pick up, but it's definitely not now. My target price to collect is below 0.30 05/08/2021 8:38 PM calvintaneng Posted by jojo69 > Aug 5, 2021 8:38 PM | Report Abuse @calvin, I'm agreed with you point. Proxmask was a champion product, but there is no moat. This is why I agree with @sujibaby's point of view as below: So, what caused the extraordinary profit in Sept 2020? Who were the employees that made it happen? Are they still being employed? That is a million dollar question to answer. As an investor, that is the question that we may ask the management. I recommened Prolexus last year see https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-05-06-story-h1506912284-PROLEXUS_8966_ProXmask_The_ProActive_High_Quality_FACE_MASK_product_of_.jsp Yes I called Prolexus Factory after I saw the the Sale of Similar Masks sold by Under Armour & Nike in USA I asked weather Prolexus make on their behalf since they look so similar Prolexus people said "No" So these fellas imitate ProXmas by other cheaper makers. I took profit in Prolexus & switched to palm oil 05/08/2021 8:48 PM jojo69 You are smart and foresighted, and you seized a good opportunity to make money at the time. The opportunity is indeed gone, there are too many excellent quality disposable masks on the market, and the price is very cheap. You just gave us a very important message. This makes me more and more suspicious that Prolexus' core customers issue that everyone discussed in the forum. If Under Armour and Nike in USA sell masks, since Prolexus is their supplier and they have experience in making masks, why haven't they received orders from these brands? 05/08/2021 9:12 PM calvintaneng Yes you wake up is good Now see https://economictimes.indiatimes.com/topic/vegetable-oil 05/08/2021 9:14 PM jojo69 Was there already a sign at that time? Do you have any perception or information? This is really important. It doesn’t matter if they don’t have a mask orders. After all, it’s not their main business. If something goes wrong with Apparel business, it’s very serious. It's really like that, I will dare not collect it even if it drops to 0.30 05/08/2021 9:19 PM calvintaneng jojo69 I really don't know how to put it it is like this Sifu Peter Lynch always call companies to check on their business he kept making phone calls all the time to ask questions So I do practice what he said from time to time There is the tone, the response from each and every different company Of course we cannot ask for insider info as it is illegal But we can always ask valid questions A company that is upright and true got nothing to hide and is honest and transparent A company that is evasive will normally be suspect I called Namfatt many years ago. They gave no answer but slammed down the phone. I got a shock . Then I sold off all Namfatt shares. later Namfatt went bankrupt I called Mr Shane the assistant manager of Ijmplant He sounded cheerful and said all palm oil companies should be happy as cpo prices now very high True indeed and later Klk offered Rm3.10 for Ijmplant of course he didn't tell me about Klk buying ijmplant or I would have bought more I spoke to kpower people and they are frank and honest So I recommend Kpower to all as a good company with bright future Some companies will say you need to wait for actual Qtr news from Bursa usually result out just so so For Prolexus at that time when I called was ok. only thing I hope for their oem for under armour didn't jadi Now most palm oil companies when you call them They sound cheerful and happy So I told people to go for palm oil shares every thing is above board and answers all there if we just ask 05/08/2021 9:53 PM myway Prolexus launches antiviral face mask ProXmask in Malaysia https://www.biospectrumasia.com/news/91/18837/prolexus-launches-antiviral-face-mask-proxmask-in-malaysia.html 18/08/2021 1:43 PM 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 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  | |
