@i3i2i1, you can buy it from RM1 until RM2 to earn big in 2014. When the stock increase and many people panic buy, you sell it; when the stock decrease and many people panic sell, you buy it.

yes. Hold it until next year, because next year profit will be increased more than 100%, I believe I can earn more than 100% next year! but now, I see many new investor lost many money in this counter, especially my friends..hahaha..

Main reason is
The company staffs are too strong!! You can compare his strongest competitor, Magni. The revenue increased so much compared to Magni revenue..What does it means? Only 1 answer!

I dare to say Prlexus will defeat his strongest competitor within 1 year, as the revenue increase so much, means that his strongest competitor, Magni earned less.

Second reason, Prlexus know how to tackle their own management team and staffs' heart, so they got strong management team, dont need to worry whether they can handle BIG business in 2014.

@ccdev There are three possible reasons.

First, just because got too many new investors. They just know to follow people, so the rich investors keep making deal at lower price and shocked the short-term and new investors.

Besides, there is a split policy 2:1 which make the EPS down much, so the PE become 10 instead of the accurate PE, 6.9. Please see my calculation in previous comments. =)

Anyway, ESOS is one of the major cause that this counter decrease dramatiscally, because they didnt click on the pdf in quarterly report. Like my friends, they didnt realise the company can give their staffs more than RM1.8 million through ESOS policy. But I think it's a good policy, since PRLEXUS will have a big business in FIFA 2014, so they needs their staffs to work very hard.

Hope there is a god can wake up them, the revenue of this stock is EARNING and got big business next year and to motivate their staffs to take this challenge, this company decided to give out RM1.8millions of profits to award their staffs, so that they could sustain their bigger business in 2014.

after this stage of panic sell, I predict it should be a long time to recover back.

buy more. http://klse.i3investor.com/blogs/kianweiaritcles/42762.jsp

Please click the "PROLEXUS_BERHAD_interim_report_2014 Q1.pdf" inside the quarterly report and see how much PRLEXUS awarded to his great employees! This is just one time only for new year Ang Pau to their employees.

walau...1.8 Million to reward Employees..crazy!!!

The PE shown is not correct, because it don't consider after split. The accurate PE is 6.9 at the price 2.7.

I really dont understand why they like to follow others to sell although this counter is earning money and making more revenue compared to last quarter.

Revenue increased RM 17260000 and the reason the profit not up is ESOS which awards their management team and staffs for doing great jobs!

http://klse.i3investor.com/blogs/kianweiaritcles/42762.jsp

Electricity rate start to apply in Malaysia NEXT YEAR! This factory major cost is on management team and staffs instead of electricity. Please do your homework.

120453, are you newbie? After the split, it is 3.4cents and it should be 3.40 *2 = 6.8 if you want to compare previous record. if you want to annualized the result,

EPS should be 20.78- 2.47 = 18.31
PE= 127/18.31 = 6.9

*******PE= 6.9

The reason why the revenue up so much, but the profit not up not so much, because PRLEXUS shared some profit with their employees through ESOS to motivate their management team and staffs to take up the next big challenge which will be the preparation for the business with FIFA 2014.

Not like his competitor, both Magni revenue and profit down, what is this mean? Prlexus earned more business than others.

More information:
http://klse.i3investor.com/blogs/kianweiaritcles/42762.jsp

After the 2:1 share split on 20 September 2013 and the exercise of ESOS on 25 October 2013,

Revenue increased RM 17260000 and some profit shared with their employes through ESOS to motivate their management team and staffs to take up the next big challenge which will be the preparation for the business with FIFA 2014.

Anyway, for the last year financial report, the total EPF = 41.56 which is equal to 20.78 after the share split. Therefore, by referring to the existing EPF for whole 4 quarter results, the current PE should be about 6, which is still undervalue.

Not possible to hit RM2!! I give this stock max RM1.8!! Not possible to hit RM2, whatever, I hold this stock long term..no worry =)

Actually, this counter got 44cents EPS already, it should be RM2 and above. =)

overbought, RSI is not accurate, it is a graph formation instead of the stock value. Like this stock, profit up extremely high..so the price sure will be up, RSI also will be "overbought".

oh ya! down le..xD..Johnny, 12.12 will up dramatically, hold it tight? ok. =)

Don't worry, steady..the price will be increased..be confident of your choice! =)

thanks for haikeyila's post! Are you Malaysian? Your name is not like a Malaysian.

how you calculate PE is 7.7? It should be 16.6

how to play wb? like a betting, bet the stock up/decrease? =)

why dont consider other steel stock like Prestar? My friend suggested me CSCSTEL, but I see the result not so good, PE high already, Prestar is more undervalue than CSCSTEL.

you think it will be dropped until 1.25? even 1.35 also hard..zzzz

want reach my tp 1.5 le..after 1.5 will be a drop sold by contra players in next year, I predict. =)

hahaha..funny funny mmaker.

dont up so fast please, my salary not come in yet, please hold it...I want to top up at RM1.4

kelvin..big lol to your broker..just RM2 ? more than that =)

contra dangerous!

Guys, remember my words, maximum price is RM 1.5 in this year.

3 quarter results EPS is just 48cents. LOL..I predict the EPS of 2013 year will be not more than 65, PE is more than 16.

Another good counter I would recommend you guy is Homeriz, since this company is very strong and stable with good dividen policy and the main business is the furniture exported to Europe and US. Now US dollar is much more stronger, this counter will be stronger. Save it into your watch list.

Hustle dont cheat here..

http://www.aia.com.my/en/ still exist, such a big company, who say it..

That's why majority of target prices given are about RM 3.8, only newbies and contra players trust your comment and sell at this low price..top up more today..haha..Thank you, Sapphire. =)

It's still undervalue actually, all nice companies got such PE,it's normal.

still undervalue. want to buy more below RM2.9, but no cash now. Hold it tight! Let's wait until RM2.9.

Sadly, Calvintaneng, your account is just to promote PM Corp..

Honestly, I like to buy Tango chocolate, because it's cheap, but the taste not really my favourite, but I like the Tango chocolate marketing strategies! Well said, calvintaneng! Allow me to follow you. =)

contra players sold their stocks at lower prices, I guess.

haha..GG for glove industry!

No big hands goreng this stock anymore.

disappointed with the result.

keep dropping...

see the all target prices are below the price now..scary. =)

let's see whether tomorrow the price will be balanced. Anyway, long hold for this stock, no effect for this short term. =)

overprice already.

tomorrow decrease again

Prestar profit is up this year, but nobody knows..look strong? LOL

target price for this year is RM2.9