PROLEXUS BHD

KLSE (MYR): PRLEXUS (8966)

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Last Price

0.43

Today's Change

+0.005 (1.18%)

Day's Change

0.425 - 0.44

Trading Volume

361,300

Overview

Market Cap

119 Million

NOSH

277 Million

Avg Volume (4 weeks)

515,142

4 Weeks Range

0.39 - 0.465

4 Weeks Price Volatility (%)

53.33%

52 Weeks Range

0.37 - 0.835

52 Weeks Price Volatility (%)

12.90%

Previous Close

0.43

Open

0.425

Bid

0.43 x 24,700

Ask

0.435 x 101,500

Day's Range

0.425 - 0.44

Trading Volume

361,300

Financial Highlight

Latest Quarter | Ann. Date

30-Apr-2022 [#3] | 23-Jun-2022

Next QR | Est. Ann. Date

31-Jul-2022 | 29-Sep-2022

T4Q P/E | EY

-17.25 | -5.80%

T4Q DY | Payout %

0.67% | 0.00%

T4Q NAPS | P/NAPS

0.96 | 0.45

T4Q NP Margin | ROE

-3.77% | -2.61%

Market Buzz
Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: PERSONAL GOODS

Subsector: PERSONAL GOODS

Description:

Prolexus Bhd is engaged in investment holding and the provision of management services. The company comprises the following main business segments, Apparels, which includes the manufacturing of apparels and provision of apparel manufacturing services; Advertising, which is engaged in the provision of advertising services on multimedia boards, and Others, which includes investment holding, property investment, provision of management services and provision of agency services. Its primary geographic markets are Malaysia, China, the United States of America, European countries, Vietnam and other countries. Geographically the company receives maximum revenue from the United States of America.

Discussions
19 people like this. Showing 50 of 10,417 comments

charlie chia

anything can happen now, all depend on market force

2022-04-08 08:39

karadis

Dear all, it's depends on how valuable retail investors think their stocks are! Our stock is very valuable unless you sell it cheap. Otherwise, the competition between the two can indeed create limit up.

2022-04-08 08:42

karadis

But it seems that the financial team of Prolexus is too weak, and it is not aware of other people's sniping, and it seems that there is no idea how to defend and reverse the situation these days. This CFO should be replaced.

2022-04-08 08:46

Justin328

Mr Lau can convert his warrant share so he will gain control de

2022-04-08 08:52

karadis

Once successfully acquired, it is not necessarily the end for Uncle Lau, the game can also be another new beginning. It's purely up to him and his team. Really can't say too much, some strategies are not strategies if they are said in advance. So some friends who PM me, based on protecting the rights of Prolexus and I can't answer your questions, so sorry.

2022-04-08 08:58

imvu

oh no , terlepas kapal , tak mungkin macam ni , patut limitdown

2022-04-08 09:04

karadis

Warrants are indeed another battlefield, and one that retail investors ignore. But they did not forget. This is one of Prolexus' strengths, but it's not the most powerful weapon which they have. Trust them not to forget what they have, right? a little worried.

2022-04-08 09:05

karadis

As I once said, "if there is a pending order to sell, you might as well put it later. Too close is a waste. But it mainly depends on personal goals and risk control."

2022-04-08 09:09

karadis

They realize they can't procrastinate any longer, or the variables will get bigger!

2022-04-08 09:21

nicholas99

run first.

2022-04-08 09:23

karadis

Gaming is about thinking about your opponent's thinking patterns and moves in sync. Let's fight!

2022-04-08 09:23

karadis

nicholas99, good idea. Make sure you are profitable first, protect ur money, then let the remaining profits continue to gallop.

2022-04-08 09:26

karadis

Don't pick up YB's share. If you miss it, just watch the show! Don't take risk.

2022-04-08 09:30

xuxu

all fake queue, warrant dumping at 0.19, don't buy

2022-04-08 09:55

Justin328

if convert warrant to mother share:
Lau Mong Ying 14,559,554 x 0.56 RM8,153,350.24
JE Holdings Sdn. Bhd. 13,110,525 x 0.56 RM7,341,894.00
Lau Mong Fah 892,500 x 0.56 RM499,800.00

2022-04-08 13:00

Justin328

if convert all the warrant to month
Lau Mong Ying 43,678,664
JE Holdings Sdn. Bhd. 39,331,575
Lau Mong Fah 2,677,500
YS Venture 48,903,400
DATUK AU YEE BOON 11,100,200
Techbase Solution 4,923,500

Total 150,614,839 / NOS 305,133,311 = 49.36%

2022-04-08 13:06

Justin328

if price around 60 cents still will benefit YB Venture buy in open market?

2022-04-08 13:16

Justin328

Type of change Resignation
Reason RETIREMENT BUT WILL CONTINUE AS SENIOR ADVISOR OF THE COMPANY.

no wonder no momentum

2022-04-09 09:24

charlie chia

Hope will fly next week with new management team

2022-04-09 18:20

blistering

GAME OVER as Mr.Lau resign ( old liao need to rest enjoy life liao ), gone case YB will take some profit and PRolexus will rest at 60sen tomorrow...

2022-04-10 21:36

charlie chia

I think otherwise
New management is more aggressive
Let look at Tanco, they invested in around 18 Cts and pump up 47 Cts, 260%
Let hope for Prlexus with the same Techinic

2022-04-10 21:51

xuxu

all volume gone, no good

2022-04-11 10:52

sapdresmen

from 0.385 to 0.740 so much up sure profit taking lah,

2022-04-11 11:14

Mrhunter88

imvu like limit down...soon 0.40

2022-04-11 11:22

alvin1188

I agree with Charlie. Let's just hold on and see

2022-04-12 16:47

Mrhunter88

tanco sendiket game la....hahaha

2022-04-12 18:10

Stockhunter88

In yesterday 580, sold just now at 630.. This counter yoyo is fun to play

2022-04-13 10:29

imvu

oh no , hari ni hijau

2022-04-13 10:30

Mrhunter88

esok down back...kekeke.

2022-04-13 11:15

Mrhunter88

sampai la 0.40 hahaha

2022-04-13 11:15

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

2 months ago

imvu

-wb 0.090 sudah boleh collect collect ?

2 months ago

imvu

kutip kutip -wb , dalam setahun mesti pump sekali

2 months ago

imvu

limit up ?

2 months ago

imvu

hijau

2 months ago

MaluNegaraKu

Fuyoh .... Limit up today?

1 month ago

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.

3 weeks ago

Gn021

How u know next 2 quaters report will not good ?

2 weeks ago

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.



1 week ago

Gn021

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

5 days ago

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