Although it has risen by nearly 10% since the 8th, it is still optimistic before the release of the next quarter's financial report. I believe there should be growth in the next two quarters. It’s not easy to be worse than last quarter.

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?

So, should we pray that someone will buy it or no one wants to buy it?

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.

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?

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.

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.

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?

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!

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

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

Okay! Everyone quickly buy more. With the support of the @alvin1188 spokesperson, the stock price must soar! It doesn't matter if the performance is not good, it doesn't matter if the performance continues to fall, it doesn't matter if the customer abandons them. Buy it quickly! Otherwise, there will be no chance Now. I'll have a share of the pie as soon as possible. Hahahaha

@FactCheck, Please! If you are a employee, do you receive last month's salary before the 10th of every month?

If you are the employer, do you have to check month performance once a month. As the owner and CFO of the company, it is difficult for them to know the operating status of the company every month? It will take 3 months to know? Before formulating a strategy? OMG! Talent!!!

Why said that @alvin1188 is the spokesperson of Prolexus. If you look carefully, once @alvin1188 comes out to speak, there will be a sum of money coming in to raise up Prolexus's stock. Then he disappeared again, and the stock price continued to fall.

I seriously suspect that @alvin1188 is actually an insider of Prolexus.

the QR - Investment Holding's profit in this quarter is RM 5,395,000. Where did this come from? Hmm....their BI strategy is............

@fikri018, The old trick! Within a few days of rising, then it will continue to fall severely. At this time, if you don't run away, greedy, and finally you get stuck and lose money!

Prolexus (8966) Revenue Continues Decline Severely vs NIKE & Asics' Performance Grow Continues

https://klse.i3investor.com/blogs/karadis/565731.jsp

Why does Prolexus's performance continue to decline severely? But the performance of its core customers like NIKE & Asics continues to grow?

----------------------------------------------------------------------------------------------------

Here is Prolexus management's email reply post by @alvin1188

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.

----------------------------------------------------------------------------------------------------

Believe what others say! You are not naive??

Yes! You are not naive!! You are the spokesperson of Prolexus at all. It is so obvious from your reply today!


Dear sinkalan/joker alvin1188, please show us the proof :
NIKE is not gone!
Asics is not gone!
Under Armour is not gone soon!

Does the core management of Prolexus know that their performance is not good? Confirmed they know! So why did they adopt the Bonus Issue strategy before QR is released?

Think about how @alvin1188 encouraged everyone to increase purchases when Prolexus announced the implementation of BI, and think about everyone's reactions and actions at that period. And the stock price action.

Everyone please looking at the QR - Investment Holding's profit in this quarter is RM 5,395,000. Where did this come from? Hmm....their BI strategy is............

@sujibaby, About your doubts:
# What intrigues me the most is, how did Prolexus went ahead during the pandemic with its new products that resulted in extraordinary profits but failed to maintained it.

What happened in between that period of time? Who was there back then? Why the spark of brilliance died off? Why the fall came to quick?#


It is necessary to think deeply about your doubts. Maybe alvin1188 can help you, because he seems like the spokesperson.

Doesn't matter, as long as their Top Management level is not like alvin 1188, then I think there is still some hope.

Fable Stories for fun.

There are two fruit shops in Batu Pahat, one sells apples (Magnitech fruit store) only, and the other sells orange (alvin1188 fruit store) only. During the epidemic, everyone knows the importance of vitamin C supplements, so that they are all rushing to buy fruits.

Vitamin C of orange is higher than apple obviously, and more people should buy orange compare to apple. Mean that sales & revenue of orange (alvin1188 fruit store) should be better than apples (Magnitech fruit store) due to the market demand.

But the strange thing is that the quarterly report shows that the revenue of alvin1188 fruit store (Orange) has fallen sharply for three consecutive quarters, but Magnitech fruit store (Apple) Revenue has grown significantly against the trend. This totally subverts the perceptions and expectations of shareholders.

Facing the doubts of shareholders, alvin1188 had to hold a press conference to explain why the sales performance of Magnitech fruit store continues to set new highs despite the severe situation of the epidemic, while alvin1188 fruit store is getting worse and even creating, negative income, and serious loss. Although both of them also selling fruits.

In the press conference, alvin1188 asked the reporters back, do you know the difference between apples and orange?

Although they are both fruits!
Although orange's vitamin C is obviously higher than apples!
Although orange's market demand is greater than apples!

But they are not the same fruit, so you can’t compare that way.

It’s definitely not my fault that my fruit shop doesn’t make money.
It’s definitely not my core management team’s ability problem and fault.
It’s definitely not my change and improve ability problem.
And it’s definitely not my client who abandoned me.

In short, the summary is:
I am absolutely not wrong! If there is a mistake, it must be your fault! If there is still a mistake, it must be market's fault!

Really laughed at me.........hahahahahahaha

like @jojo69 said:
@alvin1188, If you are wrong, you must admit it! Prolexus's revenue has indeed fallen badly, not just a little bit.

Stop keep talking nonsense, and mislead everyone.

@alvin1188 Child, you should really study hard. In fact, I found one of your strengths, you are best in reverse the right and wrong.

First, you send a link to tell everyone what Knit fabric and woven fabric are, and then you say that we should compare apple with orange. Both apparel products have different markets so it is not fair to compare their sales with Magnitech directly.

In fact, do you know? Knited Apparel's market share is at least double or triple up that of Woven's market share! Mean that Prolexus should be perform well compare to Magnitech. Go and check the information! You like an idoit, and asking people do you know the difference between boys and girls? The kids now maybe it's not necessarily know lesser than you.

@cookielookz, Write to Prolexus management to ask them about their core customers and if they still dealing with them? (eg nike,asics, underarmour) and where (local or overseas) are they getting their sales from. (eg facemask by percentage, garment by percentage etc.)

Believe they can't tell us the real situation. You can expect AGM to ask questions on the spot only.

Everyone must be psychologically prepared that it may enter a long period of bottoming and adjustment, which may be three months, or it may take half a year. This is already a relatively good situation.

I believe that the management of Prolexus will adjust in time and make improvements. Hope there will be good news within two quarters.

Why is Magni's Revenue, which is also a garment factory, still stable and rising despite the severe epidemic, while Prolexus has fallen into the abyss of hell? That's because his core customers have abandoned him.

alvin1188, didn't you say that once wrote/emailed to Prlexus management to ask if Nike/ASICS are still their customers... they answered YES...

Then do you want to write another letter to ask them again?

@alvin1188
joker.....
low-class ignorance.....
always talk nonsense.....
the liar @alvin1188.....

pls go back to hide in the cave...

then I will follow the suggestion of jojo, forgive you......

I gave face jojo69 actually, and try to keep a low profile. I also considered not posting some news that is not conducive to Prolexus even it's right.

But seeing you, a shameless and treacherous villain, continues to jump out and give people the wrong information. I am very upset! I just want to spray you! If you continue to talk nonsense, I will continue to dig deeper news and share it in here and also other forums.

Why you were stubborn and didn't know how to speak well. Everyone has different opinions and opinions, which is normal. Talk well and respect each other, this is a virtue Since you are so cheap, then I will now return to you what you have said.


like what you said before:
"i just want to tell everyone that this alvin1188 is a very fake and hypocritical guy...

Very fake and hypocritical guy... his intention is very mean and cheap -> try to ask ppl to buy higher so he can sell at higher price... puiii!!!

wah... i am really slapping the liar alvin1188 hard on both sides of his face.... @alvin1188, pls go back to hide in the cave..."

You keep coming out and talking nonsense! I'll keep coming out and spray you...........

Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....

@alvin1188
joker.....
low-class ignorance.....
always talk nonsense.....
the liar @alvin1188.....

"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..."

Your parents never thought you to be honest?

Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....

Sincerely thank you for your suggestions. You are a wise elder. I believe that your children will be proud of you.

See you all on next QR.

Everyone must actively buy Prolexus stock! Q3 is so bad only a cases, even if it has fallen for three consecutive quarters, but it may rise in the next quarter. So if you don't buy it now, you may miss a good opportunity!

Even if NIKE really abandons it, the epidemic in Malaysia is so serious, the MCO continues endlessly. Don't worry, it has so much cash, it will definitely be able to support it for a long time. Don't worry, it is absolutely safe!!!

No more orders for masks? Don’t worry, Prolexus masks don't need export orders, they can exclusively sold in Malaysia. Everyone buys one, and there are 30 million people in the country. Each mask earns RM1, which is MYR 30 million every month. Just one quarter there is a turnover of MYR 90 million!!! It will definitely break a turnover of MYR100 million in the next quarter!!!

At that time, the stock price will definitely break through RM5, which is 10 times the current price. Bros, hold it!! The victory is ours.

This is the voice you want to hear! It's too simple. I'll just help you sing the stage in the future. I look forward to your continued buying next week instead of secretly selling.

Do you know that what children will do if they lose in the game under normal circumstances?

Under normal circumstances, they will angry or cry as soon as they lose. In more serious cases, they will file a complaint with their parents or teachers. Suddenly, this forum have begun to become a children's amusement park.

It turns out that everyone just can have share a supporting voice in the forum only. That is, Prolexus is very good! Great! It will rise soon! Come to buy it! If the performance is not good, it does not matter, it is only a short-term. Continue to fall? Bros, everyone Hold on! The stock price will rise soon! It turns out to be so mentally retarded! Hahahahaha, I laughed.

@Wong Yi Ming gave a very important thought to everyone. "It is normal for the company incurred loss in this economy climate because of pandamic. Prolexus cash in hand RM130m compare borrowing RM 90 million, still consider net cash company."

If you think purely, it seems that Prolexus is still healthy, and the net cash company will not be a problem.

But if you think deeply:

1. How much revenue does Prolexus need in each quarter to balance the profit and loss? Because his revenue has fallen to the lowest point since 2009. There has been a quarterly loss.

2. What is the total loan repayment and cost in each quarter?

3. How long will this epidemic last? The global epidemic has increased rapidly with Delta virus cases, when will it end? "It is normal for the company incurred loss in this economy climate because of pandamic." Then if there is a loss every quarter under the circumstances, and there is still RM 90 million in debt, how long can Prolexus support it? Will the stock price fall to less than 0.1 like AAX once did?

Everyone might as well think about it.

"Don't fall in love with a stock."

"Cash is King, especially at this moment"

Did Chin Chew Mun sell his stock? Or buy Prolexus stock?

It doesn't seem NO! Why? Haven't those people who are always full of conspiracy theories seriously thinking about this issue?

Why no one thinks about why I laudly share and explain their plans. Because of this they had to cancel their plans due to market know what they want to do, and they should keep maintain their image. And because these plans are not conducive to our investors.

It’s ridiculous, those of them who are always dissenting voices do not understand. That’s why I said that there is too much difference with them. Fortunately, there are still wise people. They look at it more rationally after QR comes out The actual situation. For example:
@xcu843, @pang72, @jojo69 and @JayC88.

Congratulations to those who believe in me, or those who doubt the possibility exists. At least you don't need to worry about next week trend like these people who can't sleep.

If don’t like Karadis’s remarks, let’s listen to JayC88
"don't fall in love with a stock."

These are words of wisdom!

Didn’t you bet with me that QR is good? Now it turns out that I’m right, but you are so angry that you are still a bunch of reasons and conspiracy theories. This is your sad life, always help yourself to find excuses and reasons.

They are already adults and still so naive! No basic judgment, so emotional, feel sad for you.

Poor child. It seems that your life is full of conspiracy theories. Such a life's thinking is most likely a tragedy.

There are people at POST Comment in the wee hours and early morning. It seems that you are under a lot of pressure! The pressure is so high that make you can't sleep? Relax!

I have given enough kindly reminders and tried my best to help everyone study the actual situation of Prolexus by numbers and logic, but if you are willing to be controlled by greed, insist on believing @alvin1188, insist on falling in love with stocks, so you can't blame others, you just can blame yourself only.

Data has never deceived people. The data has warned that everyone needs to pay attention. It warned that there is a problem with Prolexus, but you have chosen to be blinded by greed, insisting that you are the righteous party, insisting that QR is definitely good, persist in emotional and only believe in what you believe.

Before the QR was released, some people called me a liar and condemned me that Prolexus's QR must be very good. They also wrote to Prolexus management to verify. I just said it was a joke.

Now that QR is released, it's bad! No, it's super bad. As a result, the same group of people still came out and barked. Sad people...

Prolexus (8966) - The Actual Loss of Prolexus (8966) - 2021 Q3

https://klse.i3investor.com/blogs/karadis/562619.jsp

I try to remind everyone, but helpless...

The prelude that falling into the abyss is begins

Prolexus (8966) plunged as expected in 2021Q3. Profitability disappeared? Do you still dare to hold it? Will Prolexus face the panic selling?

https://klse.i3investor.com/blogs/karadis/562616.jsp

The prelude that falling into the abyss is begins

@stockfreak Give you a thumbs up!

The apparel order is gone;

The ASP of masks has dropped significantly to a reasonable level, but orders for masks have almost disappeared;

Do you still hope that the stock price will continue to rise? Do you thinks the bookmakers, and the fund companies are stupi....!

What does the QR drop for three consecutive quarters mean? On behalf of Prolexus, there has been a serious internal problem, and it has lost its core ability to make profits.

Prolexus will face a negative cash flow company with the further decline in profit margin %,

Do not believe? The Operating Income of Prolexus have told us the signal, the Operating Income of Prolexus in the first two quarters was 20.21m, but the Operating Income of the last quarter was only 4.71m. All this shows that Prolexus still has a deep downside. The stock price has not bottomed out yet.

Don't say too much. As long as everyone is happy!

Bad QR share price up??? I laughed!

Look! People are always blinded by greed and deceive themselves! The person who believe bad QR will cause the share price up, please buy more and continue to average down. The bad situation normally is self-inflicted.

QR should be very bad, the support point of the new round of decline is 0.45, if it breakdown, it is very likely to enter 0.35, because it's Prolexus actual reasonable price. Unfortunately, people's greed always likes to listen to good sounds, and is unwilling to face the facts.

Looking forward for the stock price to fall quietly! Boiling frogs in warm water is the excellent skill of Prolexus.

Very much looking forward to Prolexus's QR release!

People always like to deceive themselves.

If we hope that elementary school students can understand the principles of advanced function equations and how to apply them, it is difficult. So I am too lazy to alert it already. Let QR, stock price, and subsequent release facts to wake everyone up!

hahahahahaha....Let us wait and see how the delayed QR performance is?