hi all, first, i am not LOST like what jojo69 said.
I have been very busy the past few weeks so I didnt have much time to comment here.

As I said, I am still very positive on the prospect of Prlexus.

If you compare me against that liar/cheap Karadis, I don't say I heard rumours...

he even said it is rumoured that I am hired by Prlexus... my reaction was... wtx... hahaha....

he also said.. it is rumoured that Prlexus lost Nike & ASICs... again rumour.. But i wrote an email to Prlexus management to clarify... they confirmed that both are still their customers... i also shared that email here with everyone..

Just ask yourself a few questions:
1) Why Karadis spent so much time here if he is not interested in Prlexus share? It is obvious that he wanted to instil rumour and negative sentiments here so everyone sells off their shares cheap. then he can collect it cheap. simple logic, right? Or do you think he is a kind SAINT, he spent his time here earning nothing, but to save the world? hahahaha

2) I gave facts, he gave nonsense (rumours, bla bla bla).. and his so-called analysis on the forecast QR (which he shared the links) are all out if you check against the actual QR. ppl with no creditability like this, you wanna sell off your shares cheap to him

last but not least, I won't come here every day to read and comment like Karadis who definitely has his bad motive so he can spend time here to cheat ppl to sell off.

But that does not mean I disappear... I have my own work and I am not full time conman like Karadis.

guys... Joker / Liar Karadis is back.. whenever the Prlexus share price goes down, he will come out... when the share price goes up, he hides in the cave...
He said he got so much "insiders' news/tips", hahahahahah... u guys will trust him?

I don't trust any insiders news, I trust fact... so that is why I wrote/emailed to Prlexus management to ask if Nike/ASICS are still their customers... they answered YES...

Karadis lied to everyone saying he heard insiders news that Prlexus lost 2 main customers - NIKE and ASICS..

my reaction is: hahahahahahahahahahahaha, dont be so cheap, trying to con ppl to sell of cheap so he can collect...

Karadis's parents never thought him to be honest? shame on him!!!!

guys, this Evergreen not only turned green/profitable in the latest QR, don't forget also that it has NTA of RM1.22 at the price of RM0.40++, that is 3 times the current share price.
As I said, it is very much undervalued.

no problem leanbyheart, as a shareholder, I need to know how the company is performing so I don't simply guess or listen to rumours/insider's news as that is silly and baseless

finally, patience pays off. As I said, it is still very undervalued at current price

at current price, it is definitely under-valued!

Look at what Karadis just replied? that was a joke.
I provided solid analysis and even wrote an email to Prlexus to get clarification (which I shared earlier). While Karadis "speculated" that Prlexus already lose Nike & Asics based on rumours (which of course had been confirmed by Prlexus management that was NOT TRUE).

Therefore, I see good prospect in Prlexus as their new products (ProXmask & muslim wears) will continue to sell good. Just read back my earlier points.

This company can easily earn 4-5 sen per quarter so it is 16-20sen EPS for whole year.
And it is a nett cash company so that should justify it for higher price.

btw, where is the liar Karadis? When Prlexus price goes up, he will hide in the cave as usual...

@Smart8investor, Karadis is not simply finding troubles, he is creating fake info trying to get the share cheap when ppl sell off at low price

look at their new products - muslim wears... they are selling to middle east now... middle east is a huge market with a lot of rich and affordable ppl there...
Profit margin for products sold in Middle east is definitely better than in Asia...
This is another huge potential for explosive earning growth..

But Karadis never tells you all about this... Alvin tells you...

look at Malaysia COVID cases today... 6075!! I am sad to see this high number but we have to accept that fact that there is no sign that COVID pandemic is getting better anywhere soon.. not just in malaysia, in the whole world..
so this means the ProX masks will sell good for at least a few more quarters and maybe even in years!!

thanks kawan2 here... i just want to tell everyone that this Karadis is a very fake and hypocritical guy... his intention is very mean and cheap -> try to ask ppl to sell off cheap so he can buy at low price... puiii!!!

@karadis, don't try to divert the attention after you realized that you can provide any facts...
I never asked anyone to buy warrants.. why u keep talking about the warrant?
I am holding the mother share but I dont hold any warrant as well...

@Karadis, there is only one sentence that you said correctly:

The person here is smart now, how can we be fooled so easily!

Yes, we are not so foolish to be fooled by you...

and more importantly, I wrote to Prlexus management to gain facts.
Karadis (the liar, joker) told us he has insiders news from his friends.. hahahahaha

you all can see the difference between me and Karadis?

wah... i am really slapping the liar Karadis hard on both sides of his face.... @Karadis, pls go back to hide in the cave...

Everyone, to prove Karadis so-called insiders news wrong, I sent an email to Prolexus management and asked if they already lost the 2 main customer, NIKE & ASICS. Here is their reply. Apparently NIKE & ASICS are still Prolexus main customers even though they expect some reduction in sales due to COVID. However, based on the past few quarter resuls, we can see that the ProX masks sales in US/Europe is more than able to cover the sales reduction in the apparel division. And the covid pandemic is still here throughout the world and the US/european ppl who are more environmentally-friendly are more prone to use reusable/washable masks than 1-time/disposable mask. And more importantly, the ProX mask has got US FDA & European CE certifications.

Here is Prolexus management's email reply: (they said: it does not mean they are no longer our buyer)

Dear Shareholder,

It was disclosed in our annual report that we expect sales orders to downscale due to the pandemic but it does not mean that they are no longer our buyer. Even though with a reduced volume, we are still obligated to undergo audit and due diligence assessment. As what we have shared as well, the Group is exploring any opportunity to increase its profitability to enhance shareholders value. Among others, the Group had reacted fast in the introduction of quality fabric face masks in 2020 and introduction of Muslim wear in 2021. We hope shareholders will appreciate the fact that many businesses are experiencing a very challenging environment nowadays and the management is committed to stay alert and grab any opportunities that come along.

@leanbyheart... the answer is simple, this mean/cheap Karadis is interested commenting here because he is interested in this share, he wanna buy it cheap!! haha... he is super cheap

@Karadis, please prove what i said is wrong... u r a Saint / God who is so kind to salvage all Malaysian share holders right? hahaha.. u spend time here to help ppl, not yourself, right?

Come on la... if not interested in Prlexus, why spend so much time here.. dont talk nonsense..

i have seen many cheap ppl like you before.. trying to give negative comments and then persuade ppl to sell off cheap to you?? ahahahaha.. in your DREAM!!!

No one will trust u... u dont have the influence as you dont talk based on facts (like what i do)..

i show the facts on why Prolexus is undervalued... u talk nonsense.. (oh ya, your friend from this industry told you this... hahahahahaha)

i already said in the past, Prolexus can easily make 4-5 sen EPS per quarter, and more importantly, they are a NET CASH company!!!
Even if you don't consider the net cash condition, just use simple PE valuation, it can earn close to 20sen per year so it is easily worth RM1.80-RM2.00 if the PE multiple is 9 or 10.

But, if you apply the net cash into the calculation, it is worth even more than RM2.00.

Just use the EV/EBITDA to calculate (take in the consideration of net cash), you know this Prlexus is much undervalued...

I give facts.. unlike this Karadis --> he got insiders news from friends... ahahahhaahhahahahahaha

everyone, let me show you that this Karadis is a very cheap person:

1) He said:
According to the information I have dug from my friends in the industry, I know some in-depth information and shared it here, but it may ruin some scammers' plans here. So you will see that why they are so angry.
My response: hahahahhahahahaha.... I also can say I know Jack Ma, I know Elon Musk, I know Mark Zuckerberg.... hahahaha... i know all insiders news... who will trust u?? If you are not very interested in Prlexus (yes, this Karadis is definitely interested), why would you spend so much time here, study the share, etc.. and more importantly, why spend so much time asking ppl to sell of the shares??? hahahaha... so obvious.. because you want to collect the shares at cheap price.. the Prlexus management is not cheap, but you are

2) Karadis said most likely the bonus issue is just "proposed", won't be approved
my response: hahahahahahahahahaha... bro, now it is approved.... let me tell everyone here, share split and share bonus looks alike but actually different. Loss making companies (who do not have retained profits) can only do share splits, but not bonus issue. Not every company can do bonus issue. Only if you have sufficient retained profits, you can do bonus issues. This already shows that Prlexus has accumulated good retained profits and they can do 2:1 bonus issue (not 4:1 or 5:1), showing their retained profits is high!!!

come on la Karadis.. why are you so cheap???? trying to con ppl that this share is not good so that they sell to you cheap??? hahahaha... u think u have that kind of influence? who are you?!!! hahahaha

oh ya, you are a saint, you are so kind to ask ppl to cut loss now.. u love human beings.. u are a saint... u spend time to teach ppl how to earn money and don't lose money... u are not interested in making money from Prlexus... you spend so much time here just to save the world... hahahahahahaha

@caonima, are you sure? please speak based on facts and show us why you think so.

hmm... looks like this company has a lot of assets... let me take a deeper dive into it and see if it is worth investing...

read back my earlier comments - I already said that this quarter will surely go back to profitable!
I don't have a magical crystal ball, but I analyze from facts... even from last quarter, Evergreen also showed operational profit (not loss), just that due to an one-off impairment loss/write-off (mainly incurred in Thailand), the final figure became negative. And with all the wood prices on uptrend, evergreen and other timber counters will do better in the next quarter...

you all can go to check his so-called prediction in the past on Prolexus revenue and profit... all went wrong!!! hahahahahaahhaha... sinkalan Karadis...

@Karadis, who said the price keeps going down? did you check the history recently? you guys can see.. when the price went up from 90sen to RM1.21 recently... this Karadis hid inside the cave... then when the price drops a bit, he came out....
I noticed this since long time ago... his intention is very clear la...
I ask one simple question, if he is not interested to collect at cheap price, why the hell he spent so much time here, typing a lot of things?? correct?

Come on la @Karadis, you are a very cheap person... indeed...

hahaha... @karadis, enough with your drama... when I asked you to prove, you avoided my question and cannot provide any proof...
so it is a sign that you are trying to cheat ppl to sell off... don't be so mean...

don't simply say only... show us the PROOF!!!

dear sinkalan/joker karadis, please show us the proof :
NIKE is gone!
Asics is gone!
Under Armour is gone soon!

hahahaa.... this joker karadis will only come out when Prlexus share price drops... when the price went up, he hid himself in the cave... come on la.... it is very obvious that he is VERY interested in this share and would like to BUY at low price... so he is trying to instil negative sentiments and hope ppl will sell off their shares and he gets to collect it cheap...
wow.. he is very cheap

@yjinnvy , yes, I said before, next quarter definitely will see profit. In fact, the last quarter actually already seeing operating profit, just that due to impairment, there was a nett loss. But that was a one-off impairment so next few quarters sure will see good results...

see... as I said, the coming quarter will definitely see profit as the last quarter loss was due to one-off impairment (mainly from Thailand).... finally... ppl now realized it...

@dompeilee, who is WC?

the boss Lau Mong Ying is buying the shares for himself... not sure if this is a good sign for upcoming results?

@ilovesoya, in order to get the RM50, must we install MAE App first? How did Maybank transfer the RM50 to you?

mana Karadis & LycanD??? pui.... last time they keep saying this stock will go holland.. in the end, they went to holland... hehe

as I have said many times earlier, this stock is very undervalued. It is a nett cash company with good fundamentals on current earnings and future growth. The company is innovative in releasing new products when the timing is right. I think their recent expansion of business in Middle East is something we can monitor closely (muslim wears)... Middle East is a huge and rich market

you guys can read from the latest Announcement (under the bonus/warrant issue). Here is the summary on prospect. The company is innovative and keeps looking for new business. Not just ProXmask, they recently started selling Muslim headwear to the Middle East market too. Imagine the huge market potential in Middle East and if they are successful, they will get very handsome profit. I am looking into the growth of the company.

the Group has started manufacturing reusable fabric face mask back in March
2020. The manufacturing of fabric mask is complementary to the existing core business in the
manufacturing of apparels. At the same time, the Group could leverage on its existing
production facilities and resources to generate an additional income stream for the Group.
The manufacturing of fabric mask had cushioned the decline in revenue arising from
decrease in apparel orders due to the pandemic.
The Group has also added an additional source of income by introducing inner and outer
headwear for the Muslim community. It is currently being sold domestically in Malaysia as well
as to the Middle East and the Group intends to expand its product range and offer its products
to other international markets in the near future. Premised on the above as well as the outlook
and prospects of the manufacturing industry as set out in Section 4.2 above, the management
is cautiously optimistic about the Group’s future prospects.

guys, don't care whether they are sharks collecting or dumping, just focus on the fundamentals of this stock

btw, who is WC?

@Smart8investor, though i hope the price to go up, but i also hope you don't spam too much here... let's have real healthy discussion with facts, not just spam ya... thanks for your cooperation...

@Gaugau, have you called LHW?

you are welcome, Smart8investor. I just shared facts, unlike karadis or LycanD who shared fake info trying to scare ppl to sell off.

@karadis & LycanD, u orang sekarang sembunyi di gua mana?

a few months ago, when the stock was oversold due to "vaccine sentiments", I told everyone to hold as the fundamentals are still very strong and the company is a net cash company!!! Now, those dishonest ppl (like karadis & LycanD) who wanted to lure ppl to sell cheap to them, already hide themselves in the cave... luckily you all never listened to both of them. If they are not interested in prlexus, will they spend so much time here? common logics right? apparently they want to buy at cheap price!!!

哈哈哈哈，@林浩宇，基于某种原因，我决定相信你是真的 Lin Hao Yu。无论如何，幸好Lin爸有远见，让Lin Hao Wen当CEO/MD， 不然家族生意肯定给你这个败家子败光了。

hahahaha.... this useless executive director 林浩宇 (Lin Hao Yu) must have been scolded badly by his CEO brother Lin Hao Wen and now dare not to come out and talk nonsense...

hello LycanD, where are you now? hehe

@Smart8investor, yes, i already said many times, prlexus had been oversold in the past few months due to negative sentiments only, but its fundamentals are still very very strong.

so I foresee it will soon reach RM1.50 though its fair valuation is around RM1.80-RM2.00 if you just use simple PE valuation. But if you take the net cash into consideration, it could be valued at more than RM2.00. But I am just being conservative at RM1.50 (next milestone).