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 2 days ago

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-11-05 18:09 | Report Abuse

@NPRA1985, I will not say. I am not like “some” that say “buy buy buy” then they sell and post here laughing at those holding

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-11-05 18:15 | Report Abuse

We can't forecast the future direction of stock prices

More important is to manage our risk tightly. Eventually we may have more gain than loss

Watch out tomorrow. The market direction for last few years’ budget day... morning up... by noon slacking... and when the Finance Minister open speech, profit taking came drastically

Dunno bout this year, if budget speech brought forward to noon, probably early morning will see profit taking

The “big guys” moved the index to above 1500

Just be careful. For Prlexus, I think tmrw 1.74 is safe to go in morning but watch T/O and watch until at least 9.30am

Good luck

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-05 18:51 | Report Abuse

"Joe Biden is potentially just one state away from being able to claim victory in the US election, with counting in Georgia and Nevada continuing into the early hours."

https://www.abc.net.au/news/2020-11-05/us-election-live-updates-donald-trump-joe-biden-president/12849692

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-11-05 22:13 | Report Abuse

Prolexus VS SCGM price
Price : RM1.75 vs RM3.00
Market Cap : RM320mil vs RM580.8mil
PAT RM23.8mil vs RM8.2mil
Revenue RM97.9mil vs RM57.2mil
Profit Margin 24.4% vs 14.4%
Earning Per Share 13.6c vs 4.29c

* Both selling mask
- Prolexus price is only at 58% of SCGM price
- Prolexus market cap is only at 55.1% of SCGM market cap
- Prolexus PAT is almost 3 times more than SCGM while only at 71% more revenue due to its incredible 69% higher profit margin than SCGM with more than 3 times earning per share. I dare to say even at current value Prolexus should be worth 3 times more than SCGM price which would put Prolexus fair value more than RM5! and Prolexus director has been buying alot of shares at RM1.7X, it shows that something is brewing. I strongly believe their next quarter might be even more explosive at least 300% QoQ at least rm70mil PAT , they have only started selling mask last quarter. during their first quarter already went from -8mil in losses to 23.8mil in net profit so their best quarters has yet to come demand for rewashable mask has only been growing. with their low market cap RM10 after next quarter is not impossible after all their PE is super low now , lower than any gloves or mask companies

pang72

50,844 posts

Posted by pang72 > 2020-11-05 22:14 | Report Abuse

Good comparison.... With scgm....

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-11-05 22:14 | Report Abuse

Prolexus VS SCGM price
Price : RM1.75 vs RM3.00
Market Cap : RM320mil vs RM580.8mil
PAT RM23.8mil vs RM8.2mil
Revenue RM97.9mil vs RM57.2mil
Profit Margin 24.4% vs 14.4%
Earning Per Share 13.6c vs 4.29c

* Both selling mask
- Prolexus price is only at 58% of SCGM price
- Prolexus market cap is only at 55.1% of SCGM market cap
- Prolexus PAT is almost 3 times more than SCGM while only at 71% more revenue due to its incredible 69% higher profit margin than SCGM with more than 3 times earning per share. I dare to say even at current value Prolexus should be worth 3 times more than SCGM price which would put Prolexus fair value more than RM5! and Prolexus director has been buying alot of shares at RM1.7X, it shows that something is brewing. I strongly believe their next quarter might be even more explosive at least 300% QoQ with over rm70mil PAT , they have only started selling mask last quarter. during their first quarter already went from -8mil in losses to 23.8mil in net profit so their best quarters has yet to come demand for rewashable mask has only been growing. with their low market cap RM10 after next quarter is not impossible after all their PE is super low now , lower than any gloves or mask companies

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-11-05 22:18 | Report Abuse

@pang72 thank you

Posted by SpeedNpower > 2020-11-05 22:43 | Report Abuse

Very good comparison. Thank you for doing that with your time.

ming

2,079 posts

Posted by ming > 2020-11-05 23:37 | Report Abuse

Need superhero come promote.. brahmal/kyy/cold eyes

Share volume 182m saje.. easily to pump

pang72

50,844 posts

Posted by pang72 > 2020-11-05 23:46 | Report Abuse

This is a very good company. People can see it!!

pang72

50,844 posts

Posted by pang72 > 2020-11-05 23:47 | Report Abuse

Dow up 500 points...
We should enjoy sometime for the rally

Posted by Alucard311 > 2020-11-05 23:54 | Report Abuse

Thanks johnfarmer for the good comparison for our reference :)

skyhin

522 posts

Posted by skyhin > 2020-11-06 00:26 | Report Abuse

Soon will issue bonus sinve share only 182M..... Give 1. 3 also no issue.....

Zuliana

5,395 posts

Posted by Zuliana > 2020-11-06 07:35 | Report Abuse

Reaching home...
Yahoooo...

POONJ

947 posts

Posted by POONJ > 2020-11-06 10:14 | Report Abuse

Today can break 1.80??

Posted by uncertainty93 > 2020-11-06 10:36 | Report Abuse

hopefully, selling pressure still high..but nw red

Posted by uncertainty93 > 2020-11-06 10:38 | Report Abuse

btw, i always seen big volume buying at higher price above RM1.75..anybody can explain why this could happen? is it they set to buy when price breaks the resistance?

POONJ

947 posts

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

I also cannot understand,just now suddenly clear off the big volume from 1.76 to 1.78 now suddenly bring down again...

POONJ

947 posts

Posted by POONJ > 2020-11-06 10:44 | Report Abuse

Now turn back to red....

see2sea

2,194 posts

Posted by see2sea > 2020-11-06 10:53 | Report Abuse

Good comparison Johnfarmer458

Dumb dumb hold is the best strategy..super undervalue

UnicornP

2,800 posts

Posted by UnicornP > 2020-11-06 11:19 | Report Abuse

What is the fair value of this stock ?

see2sea

2,194 posts

Posted by see2sea > 2020-11-06 11:39 | Report Abuse

Red for u to collect more..it will rocket up soon once those staying sideline is on board

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-06 11:56 | Report Abuse

Last chance for discount after this no more.

crawler

4,829 posts

Posted by crawler > 2020-11-06 12:21 | Report Abuse

scaling new high ...

crawler

4,829 posts

Posted by crawler > 2020-11-06 12:21 | Report Abuse

with FDA approval the mask can now go globally

Posted by SpeedNpower > 2020-11-06 13:30 | Report Abuse

They haven't commence share buy back summore. Gonna fly when they sbb

Lychien20

271 posts

Posted by Lychien20 > 2020-11-06 13:52 | Report Abuse

sbb before bonus issue

crawler

4,829 posts

Posted by crawler > 2020-11-06 14:30 | Report Abuse

more protective gear budget for healthcare frontline workers :) -> https://www.malaymail.com/news/malaysia/2020/11/06/pwc-budget-2021-likely-to-be-worth-rm330b/1919912

hmg88

203 posts

Posted by hmg88 > 2020-11-06 15:25 | Report Abuse

fly fly fly

POONJ

947 posts

Posted by POONJ > 2020-11-06 15:32 | Report Abuse

Big stone block at 1.8 not easy men....

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-11-06 15:35 | Report Abuse

Prolexus does not need to contribute to MARGMA donation to MOH or any windfall tax. All profit is safe , investing in prolexus is the safest

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-11-06 15:48 | Report Abuse

Prolexus VS SCGM price
Price : RM1.75 vs RM3.00
Market Cap : RM320mil vs RM580.8mil
PAT RM23.8mil vs RM8.2mil
Revenue RM97.9mil vs RM57.2mil
Profit Margin 24.4% vs 14.4%
Earning Per Share 13.6c vs 4.29c

* Both selling mask
- Prolexus price is only at 58% of SCGM price
- Prolexus market cap is only at 55.1% of SCGM market cap
- Prolexus PAT is almost 3 times more than SCGM while only at 71% more revenue due to its incredible 69% higher profit margin than SCGM with more than 3 times earning per share. I dare to say even at current value Prolexus should be worth 3 times more than SCGM price which would put Prolexus fair value more than RM5! and Prolexus director has been buying alot of shares at RM1.7X, it shows that something is brewing. I strongly believe their next quarter might be even more explosive at least 300% QoQ with over rm70mil PAT , they have only started selling mask last quarter. during their first quarter already Prolexus went from -8mil in losses to 23.8mil in net profit so their best quarters has yet to come as demand for rewashable mask has only been growing. with their low market cap its not difficult to push it to RM10 after next quarter report ,after all their PE is super low now , lower than any gloves or mask companies and they have absolutely no risk of windfall tax of any sort

Posted by Christ cs2020 > 2020-11-06 15:48 | Report Abuse

train lai liao

crawler

4,829 posts

Posted by crawler > 2020-11-06 15:49 | Report Abuse

3 months profits in oro x mask already equal to 33 months of profits...if you don't know how to read the trend then i have nothing more to comment

crawler

4,829 posts

Posted by crawler > 2020-11-06 15:52 | Report Abuse

what is 1.8 ...we will tear the wall down

crawler

4,829 posts

Posted by crawler > 2020-11-06 15:52 | Report Abuse

this stock is going cross 2

crawler

4,829 posts

Posted by crawler > 2020-11-06 15:54 | Report Abuse

hohohoho

Posted by Christ cs2020 > 2020-11-06 15:57 | Report Abuse

rm2 is coming!!!!

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-11-06 16:03 | Report Abuse

Sorry guys, I bought a chunk on Tues and sold all today. Just a little worried exuberance may not last with budget speech tonite. That’s twice I’ve traded Prlexus and made profit twice. I will always have this in my watchlist and may go in again in the future. Cheers and good luck!

Posted by uncertainty93 > 2020-11-06 16:05 | Report Abuse

always when trying to break 1.8, huge vol selling down

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-11-06 16:10 | Report Abuse

@anthonykh everyday also you say you sold all today. you think you miss the boat keep trying to create unnecessary fear

pang72

50,844 posts

Posted by pang72 > 2020-11-06 16:14 | Report Abuse

Hello guy,
Sold my Prelexus first...
See you next time

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-11-06 16:15 | Report Abuse

I am holding for long term, Prolexus benefit from current situation and make lots and lots of profit without having any risk of windfall tax or any sort of contributions

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-11-06 16:20 | Report Abuse

@JohnFarmer458, “everyday” also I say? This is only the 2nd time I traded this counter. I never “miss the boat” or regret or hv FOMO. I just speak the truth. Today is T3 for those that bought on Tues (like me). Budget speech tonite. Election this weekend. This isn’t spreading fear, this is common sense. By all means keep if you are in long term and I really wish you the best. As I said I will always look out for this counter

Posted by uncertainty93 > 2020-11-06 16:22 | Report Abuse

haha it's ok for both short term and long term, i believe with patience it brings you happy result. Current market tend to be volatile, not everyone willing to hold for long term. Hopefully when the weak holders gt flushed out, Prlexus can fly high.

see2sea

2,194 posts

Posted by see2sea > 2020-11-06 16:24 | Report Abuse

Prolexus is about to fly..building up momentum and flushing out speculative investors

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-11-06 16:37 | Report Abuse

Yeah I’m chicken little :) I’m not sorry I took profit however

I really hope it goes up by close afterwards. Like I said I’ll continue to watch. Go Prlexus!

see2sea

2,194 posts

Posted by see2sea > 2020-11-06 16:39 | Report Abuse

all T3 faster sell..monday fly high

POONJ

947 posts

Posted by POONJ > 2020-11-06 16:41 | Report Abuse

Huge volume sell down on 1.8 ! Difficult to break...

imvu

7,888 posts

Posted by imvu > 2020-11-06 16:41 | Report Abuse

minggu depan gap up?

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