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.
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.
Please ignore karadis comments, very funny his article, he totally don't understand what is free warrant and conversion price. Please stop to misleading peoples.
The economic climate currently is bad for all listed companies but prolexus with RM120 million cash in hand is able to sustain the operations of the company.
Agree with Wong Yi Ming, Net Cash company, also bulk of their business is in apparel division supplying to Nike, Under Armour, Asics. As i last checked nike share price also on an uptrend.
Furthermore the whole athleisure industry is growing at a CAGR of 7%. not the best but i think there's still room for prlexus to grow.
Very disappointed with i3investor headline, can published articles with misleading people articles without fact and the writer also cannot differential between preferences share and warrant. Some of the people sold off the share after reading this misleading articles... Pity.
I still can accept if the coming QR is bad due to covid issue which affect globally. Why are they set up new factory in Kluang if no projection order from big player? They knew better than us
Please go to shoppee check Proxmask 90 and 95, product of prolexus. The sales of these product very encouraging, who said the mask order of prolexus disappeared...
I seldom comment, after I read karadis 2 articles, I felt that he really misleading people with wrong facts and very funny calculation of warrant price.
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....
northside
128 posts
Posted by northside > 2021-07-15 16:46 | Report Abuse
Tomorrow