https://kknews.cc/culture/v88ro2.html

http://www.malaysiastock.biz/Company-Announcement.aspx?id=985746

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5481929

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5481845

Keep the records!
Nobody can twist!
Let the forumers judge!

Thank you!

After due considerations, I am not going to delete any of my posts here.

Thank you all for the wonderful sharings.

Wish you all the best and good luck.

Thank you.

Ymchan,

Thank you for your understanding.
:)

This week I bought everyday .... if my intention is to promote to support the price, I would have bought higher and not lower...:(

Some facts I found out myself I also shared....not keeping to myself..

I am new to Prolexus, less than 2 weeks..but I did extension research and studies almost daily.... excited and share genuinely...

I bought and all picked up... not even sold a single share....

Ymchan,

I shared facts...
Did I try to lure people ?

Ymchan, true and agree...

刚看到的一个小故事，寓意深刻，愿与大家分享：

在一个寻找福气的研讨会上，有50个人报名参加；50个人走进一个装满气球的教室。

主持人提出一个非常奇怪的要求：给每人一个气球，要求大家在气球上用笔写上自己的名字。 接着将气球收集起来，放到另一个房间里。 然后大家被带到那个房间，要各人分别找到写着自己名字的气球，限时5分钟。

每个人都在疯狂地找寻自己的名字，大家碰撞、推挤，现场一片混乱。

5分钟过去了，在场没有人能在规定时间内找到自己的气球。

主持人喊停！要求大家随便找个气球，然后把气球递给上面有名字的人。

不到3分钟，大家都接到了自己的气球。

于是主持人指出：这就是我们的人生！每个人都疯狂寻找自己想要的东西，但没人知道它在哪里。

福气其实取决于周围的人：给予他人想要的，你就会得到你想要的，这就是生命的意义！

所以，心中有多少恩，就有多少福！

上等人互相捧，下等人互相整！你把身边的人看成草，你被草包围，你就是“草包”！你把身边的人看成宝，你被宝包围着，你就是“聚宝盆”！

人生要懂得放大别人的优点，欣赏别人的长处，才能相互协助，相互支持，实现共赢！ “缘”来是你， “友”你真好！

注：这个故事太好了！
欣赏别人，幸福自己。
人生最大的课题是：
知恩，感恩，报恩，
知福，惜福，造福。
生命因助人而精彩，生命因学习而辉煌！

－－－转载自网络

I used my realised profits and invested in Prolexus! Haha! He couldn't understand as Prolexus now incurred paper loss...

Hard work and be positive will help you win in Bursa!

Thank you.

I am going to leave this forum...

No point be here with all these nuisance.

I will delete all my posts here...

Good luck to all !

Thank you !

Jealous?

Hahaha!

Pathetic!

Yeah!

70% of the shares I am holding now are FREE shares !
Pathetic?
Maybe! You must be much better !
Just hope that you are!

Thank you!

This company put everything in USD.... CASH INCLUDING FD, RECEIVABLES....

Is this the reason for Syariah non-compliance?

I suspect some syariah funds were selling !

This is the time to sell with reasons of poor quarter results ...

But I hope everyone here do make money!! :)

There are 2 types of sales here:

POSITIVE OR NEGATIVE

I don't think those negative guys made money from the market as negative attracts NEGATIVE !

Hehehe!

Insas real canteek ! Made lots of money from it !! LOL!!

Noah,

Thanks.

Noted there is a significant increase in inventory of rm10,825 to rm19,126 as at 30th April due very low inventory in the Q ended 31st Jan..

Net cash generated from operating activities RM11,117,000

PROLEXUS BERHAD (250857-T)
(Incorporated in Malaysia)
Interim report for the period ended 30 April 2017
(The figures have not been audited)
4
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
Cumulative
Quarter Ended
Cumulative
Quarter Ended
30 April 2017 30 April 2016
RM’000 RM’000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before taxation 25,023 25,745
Adjustments for :
Depreciation 3,382 2,416
Amortisation of land use rights 234 13
Dividend income (9) (18)
Interest expense 1,035 865
Interest income (1,110) (192)
Unrealised loss on foreign exchange 801 1,604
Gain on disposal of property, plant and equipment (153) (122)
Fair value loss/(gain) on derivative financial instruments 150 (94)
Equity-settled share based payment 746 640
Operating profit before working capital changes 30,099 30,857
Decrease/(increase) in inventories 1,641 (10,043)
Decrease in receivables 14,738 4,610
(Decrease)/increase in payables (26,442) 1,082
Cash generated from operations 20,036 26,506
Tax paid (7,884) (3,210)
Interest paid (1,035) (865)
Net cash generated from operating activities 11,117 22,431
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment (9,142) (15,714)
Proceeds from issuance of shares in a subsidiary to non-controlling interest 4,400 -
Dividend income 9 18
Withdrawal of fixed deposits 1,744 316
Proceeds from disposal of plant and equipment 225 151
Interest received 1,110 192
Net cash used in investing activities (1,654) (15,037)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividend paid to non-controlling interest (186) -
Repayment of export credit refinancing - (3,804)
(Repayment)/drawdown of term loan (2,030) 6,379
Drawdown/(repayment) of finance lease liabilities 110 (29)
(Repayment)/drawdown of revolving credit (2,000) 8,000
Drawdown/(repayment) of trust receipts 6,207 (1,639)
Proceeds from issuance of shares pursuant to ESOS 335 2,452
Proceeds from issuance of shares pursuant to conversion of warrants 1,767 -
Dividend paid (3,014) (3,017)
Net cash generated from financing activities 1,189 8,342
NET INCREASE IN CASH AND CASH EQUIVALENTS 10,652 15,736
Effects of exchange rate differences on cash and cash equivalents 431 820
CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL PERIOD 105,647 29,594
CASH AND CASH EQUIVALENTS AT END OF FINANCIAL PERIOD 116,730 46,150
Cash and cash equivalents comprise:
Deposits with licensed banks 28,690 6,844
Cash and bank balances 88,641 42,382
117,331 49,226
Less: Deposits with maturity more than 3 months - (2,493)
Less: Deposits pledged with banks (601) (583)
116,730 46,150

Cash Flow,

Noted a decrease in payable of RM26 million...

Payable as at 30th April is reduced to RM10+ million....

BP Mok,

Check it out with this link...

http://news.nike.com/news/nike-inc-reports-fiscal-2017-fourth-quarter-and-full-year-results

Keep buying ! The lower the better!

You please sell lo!

Talk so much !!
Hahaha!

With the dual expansions aiming at tripling up the revenues, the most exciting and promising moment since the listing of Prolexus is presenting a rare opportunity!

Only winners could see this !

Hahaha!

Cheers to all !

Niki

Thank you for sharing your view points.

All business goes up and down.... sometimes the customers cut back orders to lower inventories...

Nike lowered 3% inventory in the physical number of pieces last FY compared to previous FY.

Now that the company is going on expansion and to improve on the margin with the new knitted fabrics factory in Kluang and formed JV with a Taiwanese company providing the technology and expertise...So it become more competitive and would be able to get more orders...

Established E-commerce companies in China for Marketing up market casual wears and sports wears...

Recruiting Marketing GENERAL Manager.....

These developments would help in growing the revenues when the dual expansions are up.... aiming at usd 300 million per annum .... but by when?

There are upsides to the revenues....in time to come...

My 2 SEN

:)

Toto,

Thanks..

I think no need to visit site...

Total capital expenditure incurred for the Kluang knitted fabrics factory is only RM9+ million as at 30th April...excluding land costs...

The dual factories are expected to be up and running in early 2018.....

Marketing is now very important for the growth of the company.....

Marketing Genaral Manager is being recruited...

Niki,

Thanks for the quote...

I meant if a few % difference in the purchase price....ha!
It is really difficult to catch the bottom....

You are good... you warned at 1.40 that it could go lower...
At 1.36 we thought it was near bottom.. today it broke 1.33..tomorrow will test 1.28...

I am prepared to pounce at the right time. Maybe you can help to alert us...

Haha! Btw, what is your average price and how long you have been holding Prolexus shares?

Thanks. :)

The price we buy is important but the price at which we sell, most of the time, determines our returns of our investments!!

A few percentage difference would not be significant, my humble opinion...

Toto,

At what stage of the construction of the factory in Kluang?

I understand that both the 2 new plants in Vietnam and Kluang would be ready for production in early part of 2018....

If you read this QR report, there are RM121 million capital expenditure as at 30th April, to be spent on the 2 plants...

This is a massive expansion....

Maybe some islamic fund take this opportunity to sell as Prolexus is syariah non-compliance....

Can check which fund holding more than 1 million shares...2 tranches of 500K were put up...

:)

Don't buy if you can't see your share go down in price!

DON'T buy if you are not a long term investor!

DON'T buy if you are very intelligent and can roll your money around for maximum gains!

DON'T buy if you don't believe in their expansions!

DON'T buy if you think their past 5 years track records are not good enough!

DON'T buy if......

Haha! The if list go on and on.....


Hahaha!!!


This counter is for dumb dumb people who like to dumb dumb hold !!! Hehehe!

The massive sell down created a buying opportunity for long term investment !!! Hehehe!!

We are looking at top line ! Not the distorted Net profit of this quarter which had paid tax for prior quarters' taxation .

Understand?

Xian ka lin si !

Toto

That's the forecast by Amsecurities. I think they worked it out using past statistics to forecast the 4Q17 revenue based on this 3Q revenue. The revenue jumped about 70% from 3Q to 4Q since 2013....61.719x1.7=104.9223...:)

I think this is good enough for this year....which is a set back probably due to customers turning cautious and reducing their inventories...

I am looking beyond this FY17.

Bought for the dual expansions in Vietnam factory and Kluang knitted fabrics factory...

The capacity more than double after the dual expansion are up and running....

I checked and confirmed that the company is getting a Marketing General Manager to spearhead the marketing to increase sales from USD100 million to USD300 million after the full expansions. The advertisement in jobstreet.com is genuine and authentic.

Since there are expansions and the company is ambitious to triple up the revenue, I am riding along. Haha!

Disclaimer: Buy/Sell at your own risks.

Mind your own business la!

Amsecurities have lowered the revenue and net profit for the forecast 4Q17 as compare to 4QFY16 yoy

The 4Q16 was as follow;

Revenue: RM125.244 million
Net Profit: RM9.977 million

https://www.amesecurities.com.my/gc/download/Prolexus%20170703.pdf

According to Amsecurities research report above, which have a forecast for the full FY17 results, in other words they have a forecast for the 4Q17 results which I worked out from there as follows:

4Q17.......
Revenue: RM105.00 Million
Net Profit: RM8.2 MILLION
FD Core EPS: 4.4sen

Why you busy body?

Tai,

HOW do you arrive at 3.4 eps for the next Q?

Tai

Good input! Thanks!

Since traditionally sales in 3Q is low, management kept inventory low at the close of 2Q.

This is good management!

Thumbs up! :)

Do you own this stock?

Collecting!! Haha!

Many in i3 forum have hidden agenda. Not surprising to have all sorts of people... we just have to differentiate, to appreciate or to ignore ...and make use of this good forum to help our investments...

Sharing is not asking people to buy/sell..
Buy/sell at own risks anyway, one has to be mature.... presenting certain facts could attract feedbacks from sincere forumers and further enhance our knowledge on the stock....

I benefited from such exchanges of info and helped in the success of my investments ..

Share market is a very complicated place...not only are there sharks and crocodiles.... there are many "ma cai" as well. ..LOL!

Btw, what made Prolexus non-syariah compliance ?