These data is analyzed according to last year's financial report (2020/07), and it has been half a year since now.

According to the stock price decline trend in the past few months, it is obvious that the problem has gradually been exposed. Just like Sujibaby's internal news, the problem has worsened due to internal politics and infighting events. Ahmad Mustapha Ghazali began to sell his stocks and quit from the Board of Directors during that time period.

Based on the severe operating conditions, will Prolexus (8966) may face the cruel fact of layoffs?

https://klse.i3investor.com/blogs/karadis/2021-03-12-story-h1542152839-Based_on_the_severe_operating_conditions_will_Prolexus_8966_may_face_th.jsp

Three important people in Annual Report!

Ahmad Mustapha Ghazali
Executive Chairman
(It is understood that he has sold out his shares in Prolexus and left the company)

Lau Mong Ying
Managing Director
(The largest shareholder holding the most shares)

Choong Chee Mun
Executive Director cum
Chief Financial Officer*
(E.D. cum CFO)

Sujibaby, do you mean that you know this information from their neighbor company?

E.D. cum CFO - Choong Chee Mun?

Their company promote him to become an Executive Director. It must be well-thought-out. I believe he should not be that bad! Could you please share some in-depth information for us to gossip?

Internal Politics?

Step Down?

What actually happen? You know a lot of information and secret. Please share to us, baby.

Shouldn't the CFO just in charge of finances only? Their CFO also leads the management and decision-making of the company?

Their CFO also the CEO?

No wonder the company is so badly managed, CFO not equal to CEO. Their vision and thinking logic are not like entrepreneurs.

Let us check their management team information first.

Suggest that we all insist on not buying, and waiting for the financial report. If really fall to the predicted revenue and profit margin, which means that all of this is true. Then the large institutions will sell off the stock definitely and fall vertically.

I will collect the share after the large institutions sell off the stock, then collect the low risk share.

Sweetie @Sujibaby, I am very happy to have your support. Frankly speaking, their management team is awful, unbelievable it makes the stock price fall back to the original point. They severely undermined the trust of investors in their company. Do you agree? Please share ur opinion.

Prolexus (8966) 2021 Q1 Prophesied

https://klse.i3investor.com/blogs/karadis/2021-03-10-story-h1542120220-Prolexus_8966_2021_Q1_Prophesied.jsp


Please also refer to the opinion of Author: BuyCall

PRLEXUS (8966) – Latest Quarter Result [1QFY21] - Within Expectation?

https://klse.i3investor.com/blogs/buycall/2020-12-16-story-h1538250306-PRLEXUS_8966_Latest_Quarter_Result_1QFY21_Within_Expectation.jsp

@POONJ Agree.
When I sent out the analysis results, a group of people jumped out to refute immediately. It is now obvious that they intend to create an illusion of rising, attract us to buy, and then quickly flee due to the son is nearly expired. I will wait until the price drop to 0.4, and believe that a reasonable and low risk price.

https://klse.i3investor.com/blogs/karadis/486084.jsp

I got the data from KLSE Screener, which is the public data. I always believe that data can tell us the truth, especially the financial data.

Welcome everyone to discuss the points that I bring out. But please provide data to support your opinion. Because the investment should not rely solely on self-deception.

Prolexus Financial Data Analysis.
https://klse.i3investor.com/blogs/karadis/486084.jsp

We can briefly summarize the following points according to the analysis (their QR Financial Data):
1. Prolexus's apparel business has been unable to reach the balance of profit and loss. Before the addition of masks business, the loss in the 2020/04 quarter reached -14.32%

2. The performance and profit (apparel + masks business) in the quarters 2020/07 & 2020/10 have dropped significantly.

3. Masks temporarily support their company's revenue. But if brands abandon Prolexus is true and masks have no market or demand decline, it is believed that the performance of 2021/01 will drop by at least 30%.

https://klse.i3investor.com/blogs/karadis/486084.jsp

Prolexus Financial Data Analysis.

I reluctantly sold the remaining few lots. Sad...

@Lukesharewalker. There are a lot of masks on the market now, and some are anti-viral disposable masks. I think their mask business opportunities are gone, especially now that countries are starting to vaccinate.

Be careful of the next crash. My stockbroker sharing with me. They will create an illusion of rising, attract us to buy, and then quickly flee due to the son is nearly expired.

Seeing some sharing on KLSE Screener, Prolexus's main garment business has been abandoned by the brand. If that is the case, their business will definitely shrink in the next few quarters. The company might be over. It is understood that Malaysian garment factories (besides Prolexus) have already withdrawn from Malaysia or already reinvested in other countries, such as Vietnam, Indonesia, Cambodia. Prolexus have the factory in China, but the cost is huge high, and there are critical issues such as the trade war, etc., not optimistic!

@uncertainty93, agree with you. Obviously, there is a problem with their management capabilities.

Their management is bad enough, the stock falls to hell, and the CEO & CFO just sit and get their salary?

I am not agree. The Warrant is near to expire. If mother cannot return to at least 1.3, it is certain that Son will lose money. So unless the son falls below 0.05, then we will have a lower collection risk.

Yeah! Keep going up, this time at least up to 1.50 definitely!!!

Keep falling...Will it really drop to 0.8 like people said?

go..go..go.....

Engine Start !!!

At least there will be a big drop, because their factory have closed. Once all the worst has happened, it should be the best time to enter.

Vaccine started, gloves showed signs of bad.

It looks like the vaccine stock is ready to start.

If the vaccine is successful, the infrastructure will fly.....

Agreed! This time the momentum will definitely work!

The engine started, there are signs of flying.

According to local friends, they have closed the factory, and it was last week, but they have hidden the new. But why their company don't make the announcement. Should their CFO or CEO should announce to bursa.

Prolexus subsidiary Honsin confirmed the outbreak of COVID-19 infection. According to reports, hundreds of people have been infected. This is serious.

Is there any hope of rushing to the sky?

Looks like it's taking off.....