Hi guys,
We are now in a Very Powerful Bul Run in Glove & Its related products.
Glove prices have shot past & broken into new records
Now that MCO is being uplifted slowly more and more people are leaving their homes for work or other purposes
A New Trend or New Norm or New Normal is emerging
People are donning face masks
To confirm this from Singapore I called my Friend in Johor.
He said 9 out of 10 people now wear a face mask when they leave their home
Not satisfied I phoned my Remisier Friend in KL. He said in almost 10 out of 10 wear a face mask in his place
See
Now I already knew Prolexus also doing face mask. But this NEW DEVELOPING STORY intrigued me
Malaysia has 33 million people plus 2 million foreign workers. Singapore has 5.5 million people with 1 million foreign workers
Combined there will be more than 40 Million people in Malaysia & Singapore
Singapore has made it Compulsory for all its people to wear a face mask on leaving home
Malaysians too, have been strongly encouraged to wear face mask on leaving home
DISNEY
CONVERSE
AND OTHER BRANDED SPORTS APPAREL
MR LAU MONG YING | 29-Apr-2020 | Acquired | 80,000 | 0.499 | |
MR LAU MONG YING | 28-Apr-2020 | Acquired | 73,100 | 0.485 | |
MR LAU MONG YING | 27-Apr-2020 | Acquired | 16,400 | 0.475 | |
MR LAU MONG YING | 24-Apr-2020 | Acquired | 140,000 | 0.479 | |
ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI | 16-Mar-2020 | Acquired | 20,000 | 0.435 | |
ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI | 04-Feb-2020 | Transferred | 34,100 | – | |
ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI | 14-Jan-2020 | Acquired | 5,000 | 0.740 | |
MR LAU MONG YING | 14-Jan-2020 | Acquired | 20,000 | 0.755 | |
MR LAU MONG YING | 13-Jan-2020 | Acquired | 50,000 | 0.756 | |
MR LAU MONG YING | 10-Jan-2020 | Acquired | 30,000 | 0.762 | |
MR LAU MONG FAH | 03-Jan-2020 | Acquired | 15,000 | 0.810 | |
MR LAU MONG YING | 03-Jan-2020 | Acquired | 80,000 | 0.811 |
Created by calvintaneng | Apr 29, 2024
Created by calvintaneng | Apr 27, 2024
Created by calvintaneng | Apr 06, 2024
ProXmask is a high quality designer facemask
An innovative product by prolexus which is a success
2020-05-06 22:13
So few people take notice on ProXmask?
That means that Prolexus the hidden gem is still in early bull like Supermax
Lots of room for UPSIDE for Prolexus yet to factor in
Very good!!
2020-05-07 08:32
A few years ago, Prlexus invested in upstream production of yarn. Until today, this segment is still loss making. Not only is it loss making, it is not even selling raw materials to it's own apparel segment. If you look at inter-segment sales in Q4, inter segment sales of yarn is just RM1m from RM347m apparels revenue. It's bloody pathetic. It's like as if their own apparel division rejects the quality of internally produced yarn. Maybe you want to look into this problem first before jumping on the covid wagon.
2020-05-07 09:04
Yes ah?
Since ProLexus is Pro-Active it even expanded to China.
It ventured as far as USA to secure Contract Manufacturing for Nike, Disney, Gap and others
For every one failure there are others which succeeded
Take IcapBiz TTB for example. He succeeded with Padini but failed in Parkson yet ICapBiz share price is still above Rm1.00 (Ipo fund was Rm1.00 par value)
The very fact that TTB gets paid Rm3 Millions to Rm6 Millions managing only 16 stocks in ICapbiz portfolio makes him wary of buying shares in KLSE
But the Big Question is
WHY TAN TENG BOO TOOK UP MORE THAN 1.5 MILLION SHARES OF PROLEXUS?
DID HE SEE SOMETHING IN PROLEXUS THAT THE REST MISSED?
To be continued ....
What EAGLE VISION Sees in Prolexus
2020-05-07 09:30
See this from Star News https://www.thestar.com.my/metro/metro-news/2020/05/06/company-comes-up-with-reusable-fabric-face-masks
To proactively deal with challenges caused by the virus, Prolexus Bhd has expanded our product range into PPE through the launch of the ProXmask90V, ” he said.
Read again
To "proactively" deal with challenges caused by the virus
While many are just starting to set up Face Mask manufactures or go China to find Jv or imports ProXmask already sold successfully its 1st generation ProXmask
Now stepping up with 2nd Generation improved ones
2020-05-07 09:36
One very smart move is to go into Sportswear which command higher premium profits than normal clothes
My son bought a T-Shirt for S$50.00 from Nike many years back
I also bought an idential T-Shirt for only S$3.00
Why your T-Shirt so expensive?" as i checked the quality & texture to be quite similar
"Oh, he said, Mine has a Nike Logo. Yours don't have"
Whoa! Just the logo of Nike embossed on the ordinary T-Shirt added extra $47 to the value - That is about 1,500% more!!!
2020-05-07 09:46
Scgm already start production of face mask and face shield beginning to sell in April, those are disposal face mask and not reusable like promask. https://plastictray.com.my/products-display/medical/
2020-05-07 14:27
Prolexus started much earlier making proXmask and now already move on to next level
ProXmask sells at a premium due to its high quality plus can wash and wear 20 times
2020-05-07 14:38
Calvin look at your own photo people going out wearing face mask produce by Scgm. Any companies like Scgm, Notion and Prolexus venture into face mask should enjoy good business.
2020-05-07 14:55
Everyone now riding on the bandwagon of glove and facemask
After glove facemask will be the theme as people all going out and wearing face masks
Facemasks are the 1st line of defense against covid 19
2020-05-07 15:05
Waiting for School, College & University to reopen if every students require to wear face mask...the demand for face mask may exceed glove.
2020-05-07 15:32
From Glove Bull Run To Face Masks - The Progress of A Developing Story Yet Unfolding, Calvin Tan Research
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-05-07-story-h1506940118-From_Glove_Bull_Run_To_Face_Masks_The_Progress_of_A_Developing_Story_Ye.jsp
2020-05-07 16:09
I'm new here. But checking on Lazada, their ProXmask™90V is reusable up to 20 Washes, selling at RM88/2pcs per pack.
If you use 20 times, each usage also cost you RM2.2 (which is higher than the normal disposable mask).
Also, is there any scientific proven for their Anti-Microbial function?
i think their sport garment business will be affected as well cause people do not really have chance to spend and trying not to spend so much on the expansive items as well.
so i can't really see where is prolexus growth coming from.
Appreciate if any sifu here can help to clarrify and point it out if im wrong..
2020-05-12 21:41
Don't chase Prolexus now as INSIDERS ARE SELLING
KEEP VERY SAFE IN NAIM
NAIM GOING TO GIVE 18 SEN DIVIDEND
2020-10-05 22:59
calvintaneng
Engine starting like comfort, supermax and adventa!!
2020-05-06 16:37