TECHBASE INDUSTRIES BERHAD

KLSE (MYR): TECHBASE (8966)

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Last Price

0.155

Today's Change

-0.005 (3.13%)

Day's Change

0.15 - 0.16

Trading Volume

356,600


19 people like this.

10,642 comment(s). Last comment by AlfI3 3 days ago

scenery

2,361 posts

Posted by scenery > 2020-10-07 11:47 |

Post removed.Why?

TomyamGong

4,156 posts

Posted by TomyamGong > 2020-10-07 11:49 | Report Abuse

limit today ? hahaha

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 11:50 | Report Abuse

Scenary, 2 pcs reusable 60 day per unit for rm60. Each = rm30

xuxu

5,763 posts

Posted by xuxu > 2020-10-07 11:53 | Report Abuse

wanna goreng, no need any reason. I sold all and wait to buy back lower, if flying high let go

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 11:54 | Report Abuse

Anthonytkh, maybe there is any regulation requiment to implent for those product in pharmacy eh? No idea how it's work. But their mask already certified by related regulatory.

mf

28,604 posts

Posted by mf > 2020-10-07 11:57 | Report Abuse

take profit

scenery

2,361 posts

Posted by scenery > 2020-10-07 12:00 | Report Abuse

continue washing will cause disarray of fabric inside to reduce the effects, disposable surgical mask is better and easy to manage.

newbie300

188 posts

Posted by newbie300 > 2020-10-07 12:01 | Report Abuse

going down to 1.45 again...?

see2sea

2,194 posts

Posted by see2sea > 2020-10-07 12:02 | Report Abuse

1.44..got chance limit up..no buy/sell call lo

50Cents

219 posts

Posted by 50Cents > 2020-10-07 12:03 | Report Abuse

why road block? Can limit up?

mf

28,604 posts

Posted by mf > 2020-10-07 12:04 | Report Abuse

limit up?

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-07 12:05 | Report Abuse

Journey To The West

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 12:10 | Report Abuse

Scenery, yup you are right. That why they mention 60 time usage only with certificate proved

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-10-07 12:10 | Report Abuse

Their mask price too high. Pharmacies can’t afford to place order and hold stock coz most folks mentality is buy usual cheaper mask and discard. I’ve been watching Prlexus stock and news about their mask. It doesn’t add up for me. Hype a bit too high. Not going in. Best of luck to all that contra

Posted by BullishAllTheTime > 2020-10-07 12:13 | Report Abuse

No limit up also can....it already test new high. Tomorrow go up more as this counter got more interest if maintain such high increase today.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 12:19 | Report Abuse

Just no idea how far they can go, overtake scgm become highest price of the mask manufacture or maintain 1.xx like others

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 12:22 | Report Abuse

Anthonytkh, yup haha
Based on shopee and lazada, sold quantity local still less than 1k. I think the main source of this income came from oversea export sales, maybe its cheap for them due to currency exchange

sujibaby

153 posts

Posted by sujibaby > 2020-10-07 12:22 | Report Abuse

RM 60 for 2 pieces = RM 30/piece.
RM 30/ 60 washes (assuming i wash everyday) = RM 0.50/use
Disposal mask, no technology. No R&D in disposal mask.
I see value in the R&D involved, the technology developed to test against the virus.
As investor, I see the potential and value of the product and company. -my2cents

50Cents

219 posts

Posted by 50Cents > 2020-10-07 12:23 | Report Abuse

Whats the possible Target Price?

50Cents

219 posts

Posted by 50Cents > 2020-10-07 12:24 | Report Abuse

Its main market is in USA not malaysia.

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-10-07 12:24 | Report Abuse

Next PAT will be higher than 50m , my TP price RM3.50 for long term. Holding to next quarter to see if there is any growth. As people realize that the new normal will be with us for the next 2-5 years more people will switch to washable masks from disposeable masks

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 12:28 | Report Abuse

In the end, only the vaccine will affect future eps. Unless they use this profit earned and 100m cash in last qr to expand another profit segment like advertisement signboard that bring them 40% profit margin

sujibaby

153 posts

Posted by sujibaby > 2020-10-07 12:29 | Report Abuse

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

The product, the technology, the market., etc..All this R&D happened in just 6 months time frame.
Incredible speed. Imagine if you give them another 6 months..

rr88

6,532 posts

Posted by rr88 > 2020-10-07 12:33 | Report Abuse

Wait patiently. One big shark is lurking around. He will goreng this to limit up after 4 pm n push it much higher tommorow morning.

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-10-07 12:33 | Report Abuse

For this kinda “expensive” mask (ie expensive to regular folks), Prlexus have to secure big contracts with various companies or even countries. Their mask biz will fail terribly if they’re looking at retail sales. Which goes back to my previous post re pharmas not taking the risk. I suggest paying more attention to their original core biz

bull55

42 posts

Posted by bull55 > 2020-10-07 12:35 | Report Abuse

High possibility they achieve this high PAT is because they sell ntg in return of cash (boss pump in money). If coming few quarters their PAT go back to normal, you guy should ban this stock. We should punish dishonest boss.

For those trader, go ahead and trade, for those long term shareholders, sell it now and never come back to this stock.

50Cents

219 posts

Posted by 50Cents > 2020-10-07 12:42 | Report Abuse

Tomorrow will continue uptrend.

50Cents

219 posts

Posted by 50Cents > 2020-10-07 12:43 | Report Abuse

Dont care what news, the financials are good.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 12:50 | Report Abuse

Bull55, read their finiacial statement then u may understand how well they done . May have some argument between the chairman taufiq and managing director lau, thay why chairman keep disposed and leave

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 12:52 | Report Abuse

Anthonytkh, you are right. That why their latest qr show contract liability increase from 3m to 10m. Based on past record, their customer deposit always less than 3m, mainly its contribute by mask.

50Cents

219 posts

Posted by 50Cents > 2020-10-07 13:18 | Report Abuse

Are number of covid cases increasing in Europe and USA?

Posted by Lukesharewalker > 2020-10-07 13:20 | Report Abuse

The sales channel provides for the high margin eliminating the middle man, likely exports going to surge as it is cheap in terms of usd

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 13:33 | Report Abuse

Just similar to glove counter b.before July when supermax rm1-6 ppl still don't believe, after July ppl notice 2 week green ppl believe but abit too late when price hit rm15. Just no idea really exist those ppl holding from Rm1 until now, the 1600% profit they can tahan that long time

Posted by EngineeringProfit > 2020-10-07 13:35 | Report Abuse

Me......tahan huat kaw kaw

yorkyork

2,770 posts

Posted by yorkyork > 2020-10-07 13:55 | Report Abuse

We Believe Innovation Is Key to Growth

paperplane

21,644 posts

Posted by paperplane > 2020-10-07 13:59 | Report Abuse

director keeps dumping. good ah??

xuxu

5,763 posts

Posted by xuxu > 2020-10-07 14:00 | Report Abuse

good

yorkyork

2,770 posts

Posted by yorkyork > 2020-10-07 14:06 | Report Abuse

paperplane director keeps dumping. good ah?? retired soon

yorkyork

2,770 posts

Posted by yorkyork > 2020-10-07 14:09 | Report Abuse

相信就有。

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-07 14:25 | Report Abuse

it will drop soon because Stupid Taufiq will dispose for Benefit.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 14:32 | Report Abuse

Dllm99, don't worry la haha he left 4.6m or 2% plus share on 5th Oct, don't have big effect already. He start disposed from Jun onward from 10% till now haha

50Cents

219 posts

Posted by 50Cents > 2020-10-07 14:44 | Report Abuse

GOGOGO

50Cents

219 posts

Posted by 50Cents > 2020-10-07 14:46 | Report Abuse

UPUPUP

Posted by EngineeringProfit > 2020-10-07 14:48 | Report Abuse

3.00 coming.....huat ar

50Cents

219 posts

Posted by 50Cents > 2020-10-07 14:50 | Report Abuse

HUAT HUAT HUAT DONT MISS THE BOAT!!!!

mf

28,604 posts

Posted by mf > 2020-10-07 14:54 | Report Abuse

take profit

Gekzj

138 posts

Posted by Gekzj > 2020-10-07 15:00 | Report Abuse

buy for tomorrow up

50Cents

219 posts

Posted by 50Cents > 2020-10-07 15:03 | Report Abuse

Tomorrow sure limit up!!

rr88

6,532 posts

Posted by rr88 > 2020-10-07 15:08 | Report Abuse

Buy lar. Easy money.

It is now trading above its previous high of 1.47. Todays peak is 1.56 which is only 5 cents away.

Demand for momentum will surge after 4 pm. It than can easily take out this 1.56 peak. The only way to go after the peak breakout is to close at 1.62 limit up. Tomorrow then it will gap up.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-07 15:09 | Report Abuse

Aiya, don't always limit up haha
Today can closed above 1.45 will be great already.
Always limit up then when the price fall also very fast bro

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