Posted by 50Cents > 2020-10-05 17:47 | Report Abuse

Bad news ?

Posted by cruger12345 > 2020-10-05 18:36 | Report Abuse

yeah right . comfort boss sold his like like no tomorrow previously. But look at the share price now.

Posted by xcu843 > 2020-10-05 18:52 | Report Abuse

I don’t think bad news

Posted by Ynwa19 > 2020-10-05 19:06 | Report Abuse

Retracement, buy back on Wednesday 1.22 to 1.24

Posted by dompeilee > 2020-10-05 19:16 | Report Abuse

I was very lucky to sell half my holding stuck since Dec '16 for 1.45 & 1.46 this morning. Wanted to sell all actually but got greedy & distracted by the fundamentals. After commissions I only earned few ringgit.

But at least I got back more of my precious capital!

Posted by mf > 2020-10-05 19:21 | Report Abuse

05-Oct-2020 Insider ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI (a company director) disposed 1,400,000 shares at 1.159 on 02-Oct-2020.
05-Oct-2020 Insider ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI (a company director) disposed 330,000 shares at 0.902 on 01-Oct-2020.
05-Oct-2020 Insider ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI (a company director) disposed 500,000 shares at 1.104 on 02-Sep-2020.

Posted by lim8473 > 2020-10-05 19:28 | Report Abuse

Why the price still goes up .May be someone is buying his portion.

Posted by xcu843 > 2020-10-05 19:29 | Report Abuse

After today, his share become 1-2% only.

Posted by xcu843 > 2020-10-05 19:30 | Report Abuse

Yes, I believe someone is buying to increase his share percentage

Posted by HSIF88 > 2020-10-05 20:03 | Report Abuse

Encik Taufiq disposing and ceased to become substantial shareholder. This means soon he will not be the director. Probably new shareholder and director will be on board.

Posted by michaelwong > 2020-10-05 20:12 | Report Abuse

https://www.theedgemarkets.com/content/advertise/prolexus-unveils-its-proxtm-anti-virus-technology-claimed-to-inactivate-99-sars-cov-2?type=malaysia

Posted by see2sea > 2020-10-05 20:20 | Report Abuse

Strong R&D team..will bring growth to the company

Posted by anthonytkh > 2020-10-05 20:35 | Report Abuse

Maybe En Taufiq has always been meaning to exit due to personal reasons. I dunno. Rally early today most likely retailers riding the wave and then took profit. I’ll research more tmrw re directors and shareholdings

Posted by BullishAllTheTime > 2020-10-05 20:37 | Report Abuse

Idios Mr. Taufiq. This counter still cheap with last EPS, and next QR can only be better....good product & remember Nike recent performance.

Posted by xcu843 > 2020-10-05 21:01 | Report Abuse

I think he got reason to sell his share

Posted by drteh84 > 2020-10-05 21:10 | Report Abuse

They are not selling a " NORMAL" mask. The mask can Capture and deactivate viruses. Therefore, i am serious about investing such stock. Not every company that produce mask have such technology.

Posted by goody99 > 2020-10-05 21:36 | Report Abuse

waterfall this afternoon. Let us see if tomorrow people are rushing to sell or not

Posted by XxxxXzz > 2020-10-05 21:56 | Report Abuse

Nothing to worry, as u can see from latest qr the contract deposit increase from 3m to 10.5m. I do believe coming qr having better result than the current one

Posted by calvintaneng > 2020-10-05 22:51 | Report Abuse

WAHAHA!!

PROLEXUS: ANOTHER CHUN CHUN BUY CALL AT 57.5 SEN IN MAY 2020

IN 5 MONTHS PROLEXUS UP 124%

NOW SELL PROLEXUS AND SWITCH TO NAIM TO PROTECT YOUR PROFITS

See



https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-10-05-story-h1514475327-NAIM_5073_A_LOOK_AT_NAIM_AS_A_ROCK_SOLID_DIVIDEND_STOCK_RETURNING_BACK_.jsp

Posted by sujibaby > 2020-10-05 23:11 | Report Abuse

https://www.theedgemarkets.com/content/advertise/prolexus-unveils-its-proxtm-anti-virus-technology-claimed-to-inactivate-99-sars-cov-2

Posted by poorkid > 2020-10-06 04:40 | Report Abuse

I no money. Where got $ buy expensive face mask?

Posted by poorkid > 2020-10-06 04:42 | Report Abuse

Prolexus got sell 20 sen face mask?

Posted by poorkid > 2020-10-06 04:45 | Report Abuse

If Najib back as PM FOC mask can get even better. Moo like no hope.

Posted by xcu843 > 2020-10-06 07:11 | Report Abuse

This Kyy cannot believe. You sell and he will collect more

Posted by newbie9893 > 2020-10-06 07:22 | Report Abuse

Iconic.....next Prolexus in the making...still not too late to buy this morning

Posted by newbie9893 > 2020-10-06 07:23 | Report Abuse

get ready Iconic to shoot up....limit up today

Posted by Kingston1 > 2020-10-06 07:44 | Report Abuse

Kyy can believe? Look at Jaks, Hengyuan, Dayang.. See what happen to them now? Hahaha

Posted by Christ cs2020 > 2020-10-06 08:18 | Report Abuse

Thumbs of rules, when kyy is asking u to buy, that the time u sell, when kyy asking u to sell, that the best time to buy.... It work most of the times for me... Hehe

Posted by lavenderong > 2020-10-06 08:30 | Report Abuse

Iconic is Sanbumi right? Sanbumi is well known for speculation. Iconic - change name to camoflague.

Posted by Angel of KLSE 大马股仙 > 2020-10-06 08:35 | Report Abuse

I think today got steam

Posted by springbok > 2020-10-06 08:51 | Report Abuse

Christ cs2020, totally agree with you. Thats what I have been doing also.

Posted by 50Cents > 2020-10-06 09:26 | Report Abuse

https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-stock-market-rally-president-trump-leaves-hospital-apple-nvidia/

Posted by Ismail5595 > 2020-10-06 09:49 | Report Abuse

Apa cerita counter ini mula merah n terus merah

Posted by xuxu > 2020-10-06 10:12 | Report Abuse

really TP 2.73 by OTB ar ??

Posted by 50Cents > 2020-10-06 10:30 | Report Abuse

Currently RSI shows that its overbought

Posted by xuxu > 2020-10-06 10:36 | Report Abuse

XxxxXzz, hehe, no problem for the calculation, I think if OTB accumulating all will follow, then got another uptrend

Posted by xuxu > 2020-10-06 10:41 | Report Abuse

overbought for uptrend stock is very normal, no buying how to up ?? hehe

Posted by mf > 2020-10-06 11:03 | Report Abuse

tp 1.46

Posted by mf > 2020-10-06 11:05 | Report Abuse

tp 1.46

Posted by mf > 2020-10-06 11:06 | Report Abuse

tp 1.46

Posted by BullishAllTheTime > 2020-10-06 11:32 | Report Abuse

We shall see new S&R today. Price did not fluctuate much. Good

Posted by Lukesharewalker > 2020-10-06 11:42 | Report Abuse

Down wards to sideways

Posted by New2020 > 2020-10-06 12:44 | Report Abuse

I am newbie.. I bought yesterday at 1.42. Now t drop. Si fu here, what u think ?

Posted by drteh84 > 2020-10-06 13:10 | Report Abuse

i DONT'T WANNA COMMENT MUCH BUT I KNOW THAT SHARK IS TRYING TO PRESS DOWN THE PRICE SELLING 1 UNIT 1UNIT LIKE THAT. U THINK WE R STUPID AH? BE PATIENT GUYS, HOLD TIGHT ! GOOD LUCK.

Posted by drteh84 > 2020-10-06 13:48 | Report Abuse

iT WILL CONSOLIDATE AROUND 1,20-1.25 FOR ABOUT 3-5 DAYS BEFORE CONTIUE TOWARDS RM2.35-2.5.

Posted by greedy44444 > 2020-10-06 13:55 | Report Abuse

WC is talking a lot about Prolexus means now is the time to sell. Those who buy now going to stuck like Hiaptek or Evergreen.

Posted by greedy44444 > 2020-10-06 13:56 | Report Abuse

drteh84 why not you sailang all your wealth now on Prolexus since you're so sure

Posted by greedy44444 > 2020-10-06 13:57 | Report Abuse

Another MMAG in the making

Posted by azhargoth > 2020-10-06 14:45 | Report Abuse

1.270 never ending...

Posted by laychee > 2020-10-06 14:47 | Report Abuse

Revenue = volume x ASP (average selling price)

If revenue stays almost the same but profit skyrocket, it means volume drops while ASP up, or volume skyrockets, ASP drops or both volume and ASP drops, cost is down.

If both revenue and ASP goes up, revenue should go up.

Let's say:

1 mask cost RM0.80 selling for RM8, selling 10 means revenue RM80, profit RM73.6
1 mask cost RM0.80 selling for RM4, selling 20 also means revenue RM80, profit RM64
1 mask cost RM0.40 selling for RM4, selling 20 also means revenue RM80, profit RM72
1 mask cost RM0.40 selling for RM8, selling 10 also means revenue RM80, profit RM76

My guess:
1 mask cost RM0.40 selling for RM16, selling 5 also means revenue RM80, profit RM156


Very high chance, it is due to selling more profitable products and selling less non-profitable product. Chance is higher the much higher EPS is due to much higher ASP at lower cost.


But such profit is unhealthy, it won't last long. It is very dependent on ASP as the volume doesn't really go up. If volume goes up, it will drive revenue up instantly and it is very hard to hide like those glove companies.


But looking at the current situation, newbies will be attracted to any good news no matter it will last long or not. Newbies just want to make fast money and quit current job or fill up the current unemployment or bad sales situation.