Hi guys

Yesterday All Glove Counters plus Glove material & face mask stocks were up (Comfort & Careplus limit up) but Prolexus was the laggard

Is there further upside in Prolexus?

The answer is yes

Why?

These are some reasons

1) PROLEXUS 

The compound of 2 words

a) Pro as in pro-active or pro-fessional or the best in its field

b) Lexus is the Luxury Car name given by Toyota for its Highest Class export to USA - the Toyota Lexus LS400 

Or Luxury Sedan 400

SO PROLEXUS IS A PROFESSIONAL MANUFACTURER OF LUXURY SPORTS SHIRTS AND SHORTS FOR WORLD RENOWNED BRANDED COMPANIES LIKE NIKE, DISNEY, UNDER ARMOUR, GAP, CONVERSE & OTHERS

A simple car like the Perodua Kancil commands a very small profit. Selling a LS400 brings in the highest profit

So it is far better seling a dozen Lexus LS400 than a hundred Perodua Kancil with razor thin profits

So is cloth manufaturing

Years ago in Singapore my son brought home a Nike T shirt. He bought it for S$50.00 or Rm150

I bought a similar T shirt for only S$3.00. Examining it closer i could see the quality and texture to be identical

So I said, "Why yours so expensive?"

He repied, "SEE! MINE GOT THE NIKE LOGO IMPRINTED!"

Ha! Just the added Nike Logo they added 1,500% to the price. And they sell well

So that's the big difference in profit

It brought back memories to my time in KL. I got a friend who started the Frisco Property Real Estate Company in KL then

They were selling High end luxury Apartments & Houses. So I said, "Why don't you guys sell the cheaper low cost houses for the masses?"

They replied, "Oh, the time & hassle taken is about the same - selling high end or low cost houses"

But the profit margin is different

So now I know

Better sell those that give higher margin

And so with MCO lock-down Prolexus pro-active management have invented the FaceXmask

And they sell for a premium

See

 No Ratings

 

 

 

Will people be willing to pay for these washable Masks?

Why not?

They are qualify stuff with 5 layers

But people will use the plainest face masks to save money in bad times

Of course many will. But just like you can survive on eating white plain rice and eating plain roti canai and drinking plain water to save money not every one wants to do it day after day for one month, 6 months or 1 year?

You can hardly breathe thru these non woven face masks. You want face mask that you can breathe thru

So there will be people buying the more comfortable FaceXmask for sure

People might be in MCO lock-down; but don't you look down or over-look the potential of Prolexus

Bosses of Prolexus took notice & see how they bought Prolexus shares

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

Icapital Biz Tan Teng Boo also took notice of Prolexus potential

In the lastest Annual Report for year 2019 ICAPBIZ Has Emerged as Top 21st Shareholder with 1.592 Million Prolexus Shares

Prolexus price now 65 sen

Target price expected to be Rm1.00

Best regards

Calvin Tan Research

Singapore

Please buy or sell after doing your own due diligence