Luckily, I took profit at 0.75.

I read through his previous sharing and found this article. It appears that his views are forward-looking.

https://klse.i3investor.com/web/blog/detail/karadis/2021-10-11-story-h1591997213-Prolexus_8966_Is_there_a_risk_of_being_sniped_and_acquired

Does that mean that if Prolexus' stock price continues to fall, the probability of being acquired will be higher? Because for market competitors, they can buy valuable items at lower prices.

If Prolexus does not protect itself, it will be acquired in a shorter period of time. Unless they repurchase their stock as soon as possible, in this way may be can avoid the possibility of acquisition risk?

Understood. So, the continued decline in stock prices is serious bad news for Prolexus. They must look for funds to buy back shares, and keep price up or the company will change the management team. That why you said it's the time to hold the ticket in hand, right?

Your bad-virtue makes me extremely agree with @Jason's metaphor: You are a liar!

Found that Proxmask's local sales in Shopee & Lazada are still quite good. I don't know how their overseas mask orders are now? If the order volume is good, will it soar next quarter? karadis and alvin want to share something?

Reading the financial report carefully, found that Prolexus is indeed very unhealthy. I believe it is inevitable that the stock price will continue to fall. Let us wait for the price contonue decline, and believe that it may even fall below 0.30! Then it's may the good time to collect.

The information as below that written by alvin1188 is wrong.

"Positive sign/surprise is - during this MCO3.0, they have better revenue/sales in Q4 on apparel compared to Q3 (when no MCO3.0):
in Q3 - total revenue is 35,371 (without MCO 3.0)
In Q4, - total revenue is 38,671 (with MCO 3.0)"


Please refer to the links as below.
https://www.rahmatlim.com/perspectives/articles/17541/mykh-covid-19-response-faqs-mco-2021

Seeing Alvin's positive response, how did it feel so obvious that he was like an insider.

At the same time, Alvin responded to Jason in the same tone as his father taught his son, I was watching and laughing.

I heard from Batu Pahat's friends that the Honsin Apparel epidemic has broken out again. Hundreds of people have been infected and have been blocked. Someone here please double comfirm is it true?

Was there already a sign at that time? Do you have any perception or information? This is really important. It doesn’t matter if they don’t have a mask orders. After all, it’s not their main business. If something goes wrong with Apparel business, it’s very serious. It's really like that, I will dare not collect it even if it drops to 0.30

You are smart and foresighted, and you seized a good opportunity to make money at the time. The opportunity is indeed gone, there are too many excellent quality disposable masks on the market, and the price is very cheap.

You just gave us a very important message. This makes me more and more suspicious that Prolexus' core customers issue that everyone discussed in the forum.

If Under Armour and Nike in USA sell masks, since Prolexus is their supplier and they have experience in making masks, why haven't they received orders from these brands?

@calvin, I'm agreed with you point. Proxmask was a champion product, but there is no moat. This is why I agree with @sujibaby's point of view as below:


So, what caused the extraordinary profit in Sept 2020?
Who were the employees that made it happen? Are they still being employed? That is a million dollar question to answer. As an investor, that is the question that we may ask the management.
--------------------------------- Agree!!!

29/07/2021 3:23 PM


They seem to have successfully transformed in that time and developed the excellent products. But after that, they have stagnated, and it seems that the team leading the innovation has gone.

If that is the case, then I think the current CEO must be incompetent. Because he has no ability to gather a good team. It must be negative for future of Prolexus. I will wait and see when there are bargains to pick up, but it's definitely not now. My target price to collect is below 0.30

I think the trend is already obvious. It is really important to recognize the facts, because wrong persistence can lead to more serious consequences.

Wait the trend to be clear before entering the market.

I don't think so!

Obviously not optimistic, I think it is very dangerous to drop a little every day. People who still have tickets in their hands really need to pay attention. I will consider collecting some tickets at a price when lower than 0.3, it's will be more low risk. And warrant b is overvalue too much, be careful.

@sujibaby, Your professional sharing makes me shine.

Prolexus bull-run came to an end when its revenue started to take a hit in 2016 and 2017 onwards. As shown below, Prolexus revenue and profit has not been experiencing stable growth upon Q2/2017. The interesting fact was, it was not due to the fall of revenue or share price performance of Nike. Took a peak at Nike's share price performance, my goodness me!
--------------------------------- Agree!!!


What if Nike order reduction is not the only reason for the downfall?
--------------------------------- This broadened my horizons! You mean that MD Lau Mong Ying mistakenly appointed CFO to become Executive Director. Is this the real reason for the decline of Prolexus? Only MD Lau Mong Ying can know whether the person appointed has fully played the role of CEO. But obviously after the CFO was appointed as Executive Director, Prolexus has been in decline.


MD Lau Mong Ying for building Prolexus actively since 2011. As an investor, he is the kind of leader that can hold my money so that I sleep well at night.
--------------------------------- Agree!!!


Although we could never deny a possible rise after the downfall, the future seems bleak without a change of leadership for sure. As investors, it is important to have a holistic approach on share price growth as it often reflects business potentials with visionary leaders. Prolexus certainly has its serious concerns.
--------------------------------- Agree!!!


If I were to be among the members of the board, wouldn't I be worried on the outcome of Prolexus upon retirement of Lau Mong Ying?
--------------------------------- Agree!!!


So, what caused the extraordinary profit in Sept 2020?
Who were the employees that made it happen? Are they still being employed? That is a million dollar question to answer. As an investor, that is the question that we may ask the management.
--------------------------------- Agree!!!

@alvin really misled everyone. You even said again that you will write to their management to get some more insights. Are you naive or do you really treat everyone as children?

It is definitely not easy for a company to turn losses into profits. Because a company wants to turn a loss into a profit, it must be supported by many elements. For example: a. Market Demand; b. Excellent products; c. Successful team

But it is so easy for a company become poor performance, even loss. Because there is a problem with one of the following three items, it is over. a. Market Demand; b. Excellent products; c. Successful team

Therefore, I agree that Prolexus may take at least 1 to 2 quarters to reverse the trend. After all, it has fallen for three consecutive quarters. The problem does not exist in a day.

A break below 0.5 is a very dangerous signal. We can see that the main force has been ensuring that it does not fall below 0.5. Now it can’t be held, which means that it will continue to fall to a reasonable price. It may be 0.4, or even 0.3. Once we confirm that we are in the wrong position and direction, we must acknowledge the error in time, and make a stop loss and correct it. Then we will not drop deeper and deeper.

@alvin1188, If you are wrong, you must admit it! Prolexus's revenue has indeed fallen badly, not just a little bit. Especially compared with Magni performance.

"Though the result is worse than what I expected for Q3, but that is still acceptable."

Don't keep talking nonsense.

Dear all,
Frankly speaking, there is really no forum where someone has continuously analyzed and dissected a stock so clearly.

@karadis, you seem to let the operator' plans have nowhere to hide, so that their plans are presented to everyone without dead ends.

The reason why I can evaluate you objectively is because I have chosen to stop loss before, which reduces the burden in my heart. It may also be that I am older and have more life experience, so I can handle and look at things in more maturely.

Everyone's opposition to you is so strong, more or less because your opposite voice is a cruel fact for people who holding the stocks, even if your analysis is correct. This is human nature, you need to understand.

Of course, I can also understand that you will insist on analyzing it all the time. It is more likely that it is because of your grievance with @alvin1188. He used to scold you rudely and said that you are a liar. Through your sharing, I believe you are a stubborn child, because of your tone. You want to prove your point of view is correct. This is all understandable.

But I hope you listen to my advice. You might as well regard harmony as the most valuable. Your professional ability is obvious to all.

Everyone comes to the forum in addition to communicating and sharing with each other, we are more hoping to make money in the stock market. If it turns into viciousness in the end cycle, that would be a pity.

In fact, I found that when you analyze and dig into the content, shown the bad situation of company, the stock will always rise. This is actually quite interesting. It means that the Operator tried to maintain the market without falling, and even must pull up to show that you are wrong. This is really interesting.

I also hope that I can continue to see what you’re sharing and warnings, help people enter the market in the right position, and leave the market in the ideal position. Let your ability help more people success on the stock market road.

Child, I believe you should be young like my son, maybe 30~35 years old! I hope you can listen to my advice. Keep going! I am optimistic about you!

I also hope that other people will stop your malicious rants with the person who have different idea or voice, so that in addition to showing your immaturity, not only cannot solve the problem, but also command a vicious circle due to increased hatred. Let us make a reasonable profit in the stock market together.

@karadis & @sujibaby. Both of you are the most sober person in this forum. Karadis’s analytical and observation ability are indeed different, always using different latitudes of thinking to bring us have the different angles understanding. And sujibaby uses financial data and apply Magni’s performance to corroborate the facts.

@gemfinder @blackchicken, Any good introduction?

Under this severe epidemic, glove stocks are the best choice! Looking forward to continued rise and breakthroughs!

Since Prolexus's QR does reflect that its has sales problems, and TA also not well, then why should we continue to embrace it? Are we going to fall in love with stocks? Guys, let invest in glove stocks togerther with me! It is better than holding companies with obvious problems.

There are indeed many stocks in the market that are in a downward trend. I dare not say 80%, but 60% certainly have. So I invest in glove stocks, because they are very good now regardless of the technical aspects or the fundamentals.

I used to have a significant loss in Prolexus stock. I know I made a mistake, admit it, and stop the loss in time. Although I will still follow Prolexus, but I will focus on it only. I reinvested in glove stocks,making a profit currently, and not bad too.

The people who found this forum are very pitful, they are unwilling to admit that they are wrong. They have been publishing conspiracy theories, actively confronted them, and look forward to accusing the other party of mistakes to cover up their mistakes. Is the bad QR published this time not obvious enough?

I kept laughing. Those who preached that should hold a share of Prolexus in hand, maybe is the ones who are can’t wait going to sell.

prlexus performance drop a little bit.........are you sure? This is a huge drop. According to the data, we can see that the performance of Prolexus is not optimistic. Although everyone thinks what Karadis said is harsh, but it is true. Like @xcu843 said, really sampah company, it cannot be bankrupt but share price will drop 30%

@Hrimfaxi0099, Agreed. Let's take a look at the development of the subsequent plot.

In this severe environment, companies must continue to reform, innovate and improve, otherwise they may be overwhelmed by a big wave accidentally.

If Prolexus's ability to react quickly and change is still the same, I still remain positive and optimistic about its future. I will continue to observe and track its performance.

@FactCheck, By the way, you mentioned that Prolexus quickly launched the innovative Fabric Mask in the early stages of the epidemic. I approve of its performance in this regard. It is really not easy for them to change quickly, and the people who dominate this goal are indeed talent and very courageous. I have also been a management team and know that it is extremely challenging to promote a change, especially something completely unfamiliar, and I will definitely encounter many difficulties and obstacles. Prolexus boss definitely very courageous, dare to innovate and change, otherwise his team will be difficult to succeed.

But I noticed that Prolexus' mask products have not been improved or innovated for half a year.

They once advertised the launch of Personal Protective Apparel, strongly believe that these kind of products should be very marketable, especially the brand should like it very much, which is a very good selling point. But I haven't seen the release of related products until now. I was wondering why the initial change was so rapid and successful (this is also the main reason why I invested in Prolexus), why it seems that it have stand still in the past six months? Could it be that there was a problem with the main change team at the time? Success lies in the team, and failure also lies in the team. Especially the leading soul figure.

@karadis, I am pray won’t identify with you opinions. In this way, Prolexus will not be unsatisfactory as you predicted, and my wealth will be preserved.

Although our views are different, although I have lost money, I don't blame you, it is not your responsibility. On the contrary, the market should have a voice like you, so that investors with hot heads can reflect on it. Thank you anyway.

Thank you very much to all the friends who are caring and reply.

In particular, I would like to thank @YC88, because he said a very important piece of information in his reply, which I made a mistake and ignored.

"Anyone can just create an account to create rumours and false information here just for their own agenda. So just do your own homework and analysis. Don’t believe too much on what others say here."

What he said makes a lot of sense.

I shouldn't just listen to the good news that I like and ignore the development of trends. In the past few days, I have carefully reviewed myself, and I really shouldn't be against the trend. It is clear that the trend is declining, but the additional capital investment in order to spread the cost has greatly increased my loss.

Although Karadis is always against the tune, competing with alvin1188. But apart from some emotional language, I seriously think about his opinion and some logic predict, combined with Prolexus' operations and market reactions. I have not rejected his views as I did at the beginning.

Thanks again @FactCheck your thoughtful response and kind suggestions. I will refer to your opinion. But frankly speaking, I am more inclined to @YC88's suggestion, don't trust the sharing in the forum, especially if it is purposeful and offensive.

Your ID hasn’t been registered for long, and the main comments are focused on promoting Prolexus. So your identity is also questionable.

You said: Nike has reported a strong fourth quarter, +96% in revenues and +73% in sales, so there are signs of industry recovery.

Although NIKE's performance has grown, it does not mean that orders will be given to Prolexus. In particular, our great government is implementing endless FMCO, and garment factories' orders for garments are not within the scope of permitted production. I believe that the next performance is unlikely to be too good.

After careful consideration and discussion with professional old friends, although I really hope that the stock price will rise, but I decided not to deceive myself. The most important thing is to reduce losses now.

For 12-24 months, the risk is too high. No one knows how long this epidemic will last, and no one knows what will happen in the future. If Prolexus really does not have an order for masks, and NIKE has not placed an order for it, and the endless MCO does not allow production, how long can Prolexus' cash support? These are unknowns.

I believe that the delayed QR will bring a clear answer, and I will reduce my losses as much as possible according to the trend.

Anyway, thank you for sharing.

Fortunately, I am get in the train.

The parent stock was weak, falling more than 5%, not optimistic. I sold half of the free Wa, take some in hands to be safer.

I was a little disappointed with @sujibaby and @alvin1188, they didn't reply to me.

Thanks @YC88. You are so nice.

@POONJ, welcome to share what you know and your opinion. Thanks a lot.

I also found that POONJ is another old stockholder who was not optimistic about Prolexus at the beginning. I saw that POONJ has 943 total comments. He started comments in 2013 and involved many companies.

Another interesting thing is that I saw the interaction between Sujibaby and Karadis in March. Based on their interaction, I found that Sujibaby seemed to know the inside information of Prolexus from the beginning, and intentionally or unintentionally guided Karadis to dig deeper.

Karadis's position and analysis concept are already very clear, just see if the follow-up situation develops as he expected. I have doubts about the identity of @alvin1188 and @sujibaby, that why I hope they can come out and share the opinions and analysis, could you please come out and talk about it?

alvin1188 tells us that Karadis is a liar, but after re-study all comments found that alvin1188 sharing is basically not like Karadis's analysis using data and logic. He is more like a content person who has internal information, because he always seems to know the development trend of Prolexus for the first time.

He was so active in promote Prolexus, and beat each other so fiercely with Karadis. I have some doubts whether he is a top management or insider of Prolexus now?

I made a wrong decision. I invested most of my pension in Prolexus. The following trend has a huge impact on me. That why I seriously re-read everyone's comments and analysis in the forum during the past six months yesterday, especially karadis and alvin1188 comments.

The two of them vie with each other like a spear and a shield, and they are completely opposed to each other. This is a rare situation in other forums.

I believe anyone who saw Karadis's sharing about four months ago would hate him. What kind of shit analysis sharing, his analysis basically gave a message: "Prolexus's fundamentals have been corrupted, and every situation will deteriorate. The current results are just an illusion."

But now looking back after the fact, according to the performance of the stock price, Warrant A fell to 0.005. Analysis and correlation of events such as share buyback, BI, WI, etc., turned out that his analysis was reasonable. Indeed, the entire development seemed to be as predicted by Karadis. On the other hand, alvin1188 disappeared for no reason. He vowed to say that everything is good before. In that's the situation now, he should jump out and say something, right?

What do you expect to be the mother share's trend of the market opening tomorrow? Any trading plans, can you share it? I think the chance of Limit up is relatively low. If there is, I will definitely run right away.

@Jason said that the exercise price of Warrant B is 0.56. Why the price that other forum friends share is too low, 0.15 or even 0.005. Will it fall so low?

@Vaccineyes, you are welcome.

@Vaccineyes, I think may be you have misunderstanding. I checked it as below:

2020-Q3, Interim report for the period ended: 2020/4/30, Announced: 2020/7/1. It has been confirmed that the QR is delayed.

Closing 0.56 !!!

I believe @karadis will wait for @alvin1188 come out to debate, let us sit and wait for their debate competitions.

It looks like today’s closing is positive, well done. Warrant listed next Monday. Today QR come out?

Awesome! Average down?