Anthonytkh, maybe there is any regulation requiment to implent for those product in pharmacy eh? No idea how it's work. But their mask already certified by related regulatory.
Their mask price too high. Pharmacies can’t afford to place order and hold stock coz most folks mentality is buy usual cheaper mask and discard. I’ve been watching Prlexus stock and news about their mask. It doesn’t add up for me. Hype a bit too high. Not going in. Best of luck to all that contra
Anthonytkh, yup haha Based on shopee and lazada, sold quantity local still less than 1k. I think the main source of this income came from oversea export sales, maybe its cheap for them due to currency exchange
RM 60 for 2 pieces = RM 30/piece. RM 30/ 60 washes (assuming i wash everyday) = RM 0.50/use Disposal mask, no technology. No R&D in disposal mask. I see value in the R&D involved, the technology developed to test against the virus. As investor, I see the potential and value of the product and company. -my2cents
Next PAT will be higher than 50m , my TP price RM3.50 for long term. Holding to next quarter to see if there is any growth. As people realize that the new normal will be with us for the next 2-5 years more people will switch to washable masks from disposeable masks
In the end, only the vaccine will affect future eps. Unless they use this profit earned and 100m cash in last qr to expand another profit segment like advertisement signboard that bring them 40% profit margin
The product, the technology, the market., etc..All this R&D happened in just 6 months time frame. Incredible speed. Imagine if you give them another 6 months..
For this kinda “expensive” mask (ie expensive to regular folks), Prlexus have to secure big contracts with various companies or even countries. Their mask biz will fail terribly if they’re looking at retail sales. Which goes back to my previous post re pharmas not taking the risk. I suggest paying more attention to their original core biz
High possibility they achieve this high PAT is because they sell ntg in return of cash (boss pump in money). If coming few quarters their PAT go back to normal, you guy should ban this stock. We should punish dishonest boss.
For those trader, go ahead and trade, for those long term shareholders, sell it now and never come back to this stock.
Bull55, read their finiacial statement then u may understand how well they done . May have some argument between the chairman taufiq and managing director lau, thay why chairman keep disposed and leave
Anthonytkh, you are right. That why their latest qr show contract liability increase from 3m to 10m. Based on past record, their customer deposit always less than 3m, mainly its contribute by mask.
Just similar to glove counter b.before July when supermax rm1-6 ppl still don't believe, after July ppl notice 2 week green ppl believe but abit too late when price hit rm15. Just no idea really exist those ppl holding from Rm1 until now, the 1600% profit they can tahan that long time
Dllm99, don't worry la haha he left 4.6m or 2% plus share on 5th Oct, don't have big effect already. He start disposed from Jun onward from 10% till now haha
It is now trading above its previous high of 1.47. Todays peak is 1.56 which is only 5 cents away.
Demand for momentum will surge after 4 pm. It than can easily take out this 1.56 peak. The only way to go after the peak breakout is to close at 1.62 limit up. Tomorrow then it will gap up.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
scenery
2,361 posts
Posted by scenery > 2020-10-07 11:47 |
Post removed.Why?