PROLEXUS BHD

KLSE (MYR): PRLEXUS (8966)

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Last Price

0.505

Today's Change

-0.01 (1.94%)

Day's Change

0.50 - 0.515

Trading Volume

527,600

Financial

Financial Year 2020


Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
Discussions
19 people like this. Showing 50 of 10,447 comments

Stockhunter88

Tomorrow queue again 585, hopefully can get

2022-04-14 00:14

imvu

hari ni tolong jangan gap up limit up , hijau

2022-04-14 05:52

charlie chia

Going to and steady, Day by Day

2022-04-14 08:57

Mrhunter88

cincai2 bagi drop saja la hari ni kekekeke.

2022-04-14 09:28

Stockhunter88

Manage to get a bit at 585

2022-04-14 16:46

karadis

The shareholder equity plan, the "poison pill", is one of the defenses measure of Mr. Lau, former major shareholder of Prolexus to protect the company.

This is also Twitter's current defenses measure to against Musk's acquisition.

Unfortunately, he chose to give up for whatever reason.

Leveraged buyout where small fish eat big fish. Acquirers often use only a small amount of their own funds, and raising funds mainly by issuing junk bonds to acquire target companies. Once the acquisition is successful, the acquirer can repay the creditors by acquiring the assets of the target company. Considering the historical performance and behaviour of the new major shareholder, I am not optimistic about the continued growth of Prolexus in the future.

2022-04-16 09:15

Mrhunter88

on the way 0..50cen........

2022-04-18 09:37

Stockhunter88

Habis

2022-04-25 17:14

Mrhunter88

0.50 come true..and next 0.40 soon

2022-05-09 12:15

prlexushit

Company dump their treasury shares in market made the share price dip lower and lower.

2022-05-25 15:52

subaru88

why this counter is not moving up

2022-07-06 09:52

imvu

-wb 0.090 sudah boleh collect collect ?

2022-07-20 12:38

imvu

kutip kutip -wb , dalam setahun mesti pump sekali

2022-07-22 09:23

imvu

limit up ?

2022-07-22 10:00

imvu

hijau

2022-07-25 10:15

MaluNegaraKu

Fuyoh .... Limit up today?

2022-08-11 16:41

karadis

It is expected that the performance of the next two quarters will not be satisfactory, and it is believed that the stock price will fall further.

2022-09-01 12:45

Gn021

How u know next 2 quaters report will not good ?

2022-09-13 01:29

karadis

https://klse.i3investor.com/web/blog/detail/karadis/2022-09-16-story-h1649131606-PRLEXUS_8966_Bad_economy_high_inflation_high_inventory_winter_in_garmen



Although Prolexus has been eliminated by NIKE, we can analyze the entire market trend based on the world economic and the operation of these brands such as NIKE and UA.

In the near term, active wear retails dealing with unprecedented macro headwinds: inventory levels, FX movements, European consumer that's now under incredible pressure.

In late June, Nike stock slumped further after issuing single-digit revenue growth expectations for the full-year 2023. Expected Nike to lower growth estimates, citing the company still battling a strengthening US dollar and inventories remaining high across North America.

Nike's overall inventory dollars in North America were up 44% in its most recent quarter. I think inventory levels will remain high, seen that in the channel play itself out in very heavy apparel promotions throughout the sector. And whether it's Nike, Adidas, Under Armour — everyone's been a bit more promotional recently. With inflation remaining near 40-year highs, the lower- and middle-income consumer is under a lot of inflationary pressure.

All of this means that sales are sluggish, and brand owners are digesting inventory, and will naturally stop placing orders, which in turn may cause garment factories to shrink orders by as much as 50% to 70%.

The recovery of the entire market is not optimistic and may not show light until the second half of 2023.



2022-09-16 17:50

Gn021

Oh ya yes, should be bad qtr for next 2 qtr

2022-09-21 22:36

UnicornP

Prepare goreng.

2022-09-29 20:44

HaroldHuong

1st move in a month?

2022-12-06 17:51

HaroldHuong

Die fast

2022-12-09 16:58

imvu

breakout otw , minggu minggu depan gap up limit up !

2022-12-29 15:50

subaru88

these 2 days got movement. keep it up....

2 months ago

Moon

What had triggered sudden uptrend these 2 days ?

2 months ago

maxprofit2020

positive financial results

2 months ago

pang72

Wow..
Ham bak lan up in conclusion 9f gap up, limit up...

2 months ago

nasgee

goooo vrommmm LU

2 months ago

xuxu

pang72 long time no see, same boat hehe

2 months ago

wkkht

Earned so much to hear to pay dividends.

2 months ago

xuxu

gone with the wind...hehe

2 months ago

nasgee

gettt readyyy....soon vrooomm back....ang pauu maaaa

2 months ago

pang72

Xuxu,
Yes, long time no see...

2 months ago

LOOK009

Waiting to fly to the moon.

2 months ago

nasgee

afternoon vrommmm LU get ready....

2 months ago

LOOK009

Glove strand rebound does not understand whether it will follow.

2 months ago

Kingston1

Macam pushed up and sell.becareful.

2 months ago

de_yangtulor

Wil.limit up...base on ipp ecrl

2 months ago

de_yangtulor

Ready to shoot

2 months ago

Income

Why so good?

2 months ago

de_yangtulor

2moro breakout 0.555 for shoot a new high....start flying

2 months ago

de_yangtulor

Ipp project for ecrl n mou on batteries plant indonesia

2 months ago

learnbyheart

tomorrow breakout pleasee

1 month ago

nicholas99

Prolexus acquires 10% stake in South Malaysia Industries for RM16.74 mil

1 month ago

axl4roses

whatsupp. any reason spike up?

2 days ago

UnicornP

Be reminded of that large chunk of other income.

2 days ago

axl4roses

indeed. spot wisely

2 days ago

dxbman

STRONG BUY

2 days ago

Go lucky Happy

Haha! Gone case.

1 day ago

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