Posted by uncertainty93 > 2020-11-06 17:02 | Report Abuse

Today able to close green is good enough. Slowly build back the upward trend.

Posted by anthonytkh > 2020-11-06 17:41 | Report Abuse

If you’ll look at one of my posts yesterday, today’s market was exactly what I posted regarding budget day historically ie. today morning up and then slack towards noon

Shot up after lunch due to good news heard by market based on FM Tengku Zafrul saying more spending by GOM for to ite budget unveiling

Posted by ming > 2020-11-06 22:57 | Report Abuse

11.11 boosts the mask sales

Posted by Alucard311 > 2020-11-06 23:45 | Report Abuse

I also sold twice previously with good profit but I actually regretted it. This round will hold till 2.5.

Posted by imvu > 2020-11-07 10:35 | Report Abuse

ini minggu depan kurang-kurang breakout rm2, lepas tu breakout all time high pulak. taget price rm5?

Posted by Mrspeaker > 2020-11-07 12:57 | Report Abuse

if we calculate forward eps of 13.67*4 = 54.68 sens per share. means pe 10, share price should be RM5.468 correct me if I'm wrong

Posted by flyingtomoon2020 > 2020-11-07 13:03 |

Post removed.Why?

Posted by flyingtomoon2020 > 2020-11-07 13:07 | Report Abuse

Prlexus gogogo

Posted by anthonytkh > 2020-11-07 14:34 | Report Abuse

Extremely likely I will go in Prlexus again on Monday

Posted by sujibaby > 2020-11-07 15:18 | Report Abuse

https://www.klsescreener.com/v2/news/view/750443

RM1bil to fight third wave of Covid-19

To stem the third wave of Covid-19 from extending into 2021, the government has allocated RM1bil for containment measures.

Of the amount, a total of RM318mil was allocated for the purchase of personal protective equipment (PPE) and hand sanitisers.

Among the potential beneficiaries would be the listed companies that have previously announced plans to diversify into the production of PPE.

These include Komarkcorp Bhd, Notion VTEC Bhd, Prolexus Bhd, Caely Holdings Bhd as well as hand sanitiser maker Nova Wellness Group Bhd.

In addition, RM475mil was allocated for the purchase of Covid-19 test kits, reagents and consumables and this could potentially benefit Hong Seng Consolidated Bhd, ACO Group Bhd and Nexgram Holdings Bhd.

Posted by sujibaby > 2020-11-07 17:34 | Report Abuse

Panic buy on facemask and glove counters on monday.

Posted by LewisLewis > 2020-11-08 00:33 | Report Abuse

CNN projects Biden win, lets go

Posted by NPRA1985 > 2020-11-08 01:08 | Report Abuse

Biden 46th president. Prlexus will fly to Pluto soon.

Posted by NPRA1985 > 2020-11-08 01:45 | Report Abuse

Could a Joe Biden presidency and a blocking Republican Senate be the perfect recipe for global share markets?

So far, the evidence is fairly strong that this gridlock scenario is hitting just the right spot for investors with the Australian market up an impressive 4.4 % for the week even before there was absolute clarity about the electoral outcome.

The reason this seems to be the dream scenario is that Biden’s more controversial economic policies such as tax rises for the wealthy, big spending plans and regulatory reforms now seem certain to be blocked in the US Senate but he also now seems set to replace Donald Trump as President, resulting in a more stable and predictable White House.

In particular, Joe Biden is seen as being a safer pair of hands for handling delicate trade and foreign policy issues.

https://smallcaps.com.au/biden-president-republican-senate-perfect-market-recipe-weekly-review/

Posted by JohnFarmer458 > 2020-11-08 12:24 | Report Abuse

Prolexus VS SCGM price
Price : RM1.77 vs RM3.03
Market Cap : RM324mil vs RM586.6mil
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

- With Biden winning the presidency we might see USA finally make wearing mask mandatory and this will greatly boost sales of mask companies especially Prolexus as their biggest market is USA, if you look at countries that made mask mandatory 100% of the population are wearing mask and out of this 100% more and more switching to rewashable mask like Prolexus as there is no sign of pandemic will stop. While in US being Prolexus largest market I can say the rate of wearing Mask is lower than 50% as many states has not make wearing mask mandatory and at the same time rewashable mask penetration has been steadily growing that is potentially several times fold growth in US market alone. Prolexus current price has not fully reflect their current quarter PAT, its fair value should be RM2.50. and when next QR comes out with potentially 200-400% QoQ its fair value would be close to RM6-10 . If you think the price is crazy and impossible to achieve look at the history of all share prices of companies like Supermax,Careplus . I believe Prolexus is the next Supermax and Careplus in the making

Posted by NPRA1985 > 2020-11-09 01:14 | Report Abuse

China to embrace all possible ways of epidemic-related cooperation with US, analysts say after Biden vows to make epidemic control a top priority

Mask-wearing could considerably cut new cases by 80%: researcher

His plan ranges from expanding US coronavirus testing capabilities, reducing surprising medical billings, considering a nationwide masks mandate and tailoring lockdowns at communities based on their levels of transmission, as well as hiring more contact tracers and rejoining the World Health Organization (WHO), according to Business Insider.

Biden's election win provides a broader opportunity for China-US cooperation on the pandemic, which has so far been confined to relatively small interactions between scientists due to the hostile attitude that the Trump administration holds, Li Haidong, a professor at the Institute of International Relations of the China Foreign Affairs University, told the Global Times on Sunday.

https://www.globaltimes.cn/content/1206053.shtml

Posted by imvu > 2020-11-09 08:03 | Report Abuse

gap up tinggi tinggiiii....

Posted by JohnFarmer458 > 2020-11-09 08:38 | Report Abuse

https://www.google.com.my/amp/s/www.foxnews.com/politics/bidens-first-move-as-president-elect-mask-mandate-for-all-heres-how-he-plans-on-doing-it.amp

POLITICSPublished November 08, 2020 Last Update 36 minutes ago
Biden's first move as president-elect? Mask mandate for all. Here's how he plans on doing it.

One of Joe Biden's first priorities as president-elect will be implementing mask mandates nationwide by working with governors. The future 46th president, however, says if they refuse than he will go to mayors and county executives and get local masking requirements in place.

Posted by JohnFarmer458 > 2020-11-09 08:45 | Report Abuse

https://www.marketwatch.com/story/joe-bidens-pandemic-plan-2020-11-07

Published: Nov. 8, 2020 at 5:10 p.m. ET

Joe Biden: ‘I’ll go to every governor and urge them to mandate mask-wearing in their states.’

1. Push for a national mask mandate

Speaking in Wilmington, while on the campaign trail, Biden vowed to push for more Americans to wear masks. “First, I’ll go to every governor and urge them to mandate mask wearing in their states, and, if they refuse, I’ll go to the mayors and county executives and get local mask requirements in place nationwide,” Biden said. Trump recently referred to mask wearing as "politically correct.”

Jezek said the IDSA supports this policy. “In August, IDSA began calling for a national mask mandate, as compelling scientific data indicate that masks significantly reduce the risk of COVID-19 transmission,” she said. “Further, modeling suggests that near universal masking could prevent 180,000 COVID-19 deaths. We continue to support a national mask mandate.”

Posted by NPRA1985 > 2020-11-09 08:59 | Report Abuse

Get ready

Posted by DonWorryBeHappy > 2020-11-09 10:46 | Report Abuse

Aiyah, missed the queue at 1.73 last week. Anyway good luck to you ba. 190 mali mali

Posted by uncertainty93 > 2020-11-09 11:06 | Report Abuse

waiting to break RM1.9

Posted by hahasong > 2020-11-09 11:29 | Report Abuse

Because Biden’s team violated the Constitution and created false votes, the outstanding American barrister L.L Wood wanted to help Trump fight the lawsuit. Linwood said that various fraudulent evidences show that Biden is illegal and Trump will be re-elected as president! The winner will be decided on January 20!

Posted by hahasong > 2020-11-09 11:30 | Report Abuse

由于拜登团队违反宪法，制造假选票，美国优秀的大律师L.L Wood要帮助川普打官司。林伍德表示各种舞弊证据显示拜登是不合法的，川普将会连任总统！1月20日才是决定胜负！

Posted by NPRA1985 > 2020-11-09 11:47 | Report Abuse

@hahasong in your dreams lol

Posted by NPRA1985 > 2020-11-09 11:50 | Report Abuse

Poor hahasong still in denial and living in dream land.

Posted by uncertainty93 > 2020-11-09 12:24 | Report Abuse

selling pressure is high, price hardly goes up

Posted by LaoTzeAhSir > 2020-11-09 16:05 | Report Abuse

ProX Mask will be a hot cake selling in USA after it made compulsory and mandatory for everyone to wear a mask in USA. stylish, effective in protection, reusable.

Posted by JohnFarmer458 > 2020-11-09 17:10 | Report Abuse

Prolexus VS SCGM price
Price : RM1.77 vs RM3.03
Market Cap : RM324mil vs RM586.6mil
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

- Biden winning the presidency we might see USA finally make wearing mask mandatory and this will greatly boost sales of mask companies especially Prolexus as their biggest market is USA, if you look at countries that made mask mandatory 100% of the population are wearing mask and out of this 100% more and more switching to rewashable mask like Prolexus as there is no sign of pandemic will stop. While in US being Prolexus largest market I can say the rate of wearing Mask is lower than 50% as many states has not make wearing mask mandatory and at the same time rewashable mask penetration has been steadily growing that is potentially several times fold growth in US market alone. Prolexus current price has not fully reflect their current quarter PAT, its fair value should be RM2.50. and when next QR comes out with potentially 200-400% QoQ its fair value would be close to RM6-10 . If you think the price is crazy and impossible to achieve look at the history of all share prices of companies like Supermax,Careplus . I believe Prolexus is the next Supermax and Careplus in the making ( https://www.marketwatch.com/story/joe-bidens-pandemic-plan-2020-11-07 )

Prolexus subsidiary that sells ProXMask ,Hon Sin Apparel SDN BHD import value has been going up so much, something is definitely brewing

https://importkey.com/search/HONSIN%20APPAREL%20SDN%20BHD

notice that total shipment has went up to 2238! that is almost 10 times more than Careplus shipment! half Supermax & Hartalega shipment!!!!

Buyers are

UNDER ARMOUR INC
54K matching shipments
72M shipments total
Address: 1020 HULL ST 300 BALTIMORE MARYLAND 21230

NIKE CANADA CORP
47K matching shipments
14M shipments total
Address: 260 BRIMLEY ROAD SCARBOROUGH ONTARIO CANADA M1M3H8

UNDER ARMOUR CANADA ULC
3,765 matching shipments
8M shipments total
Address: 169 ENTERPRISE BLVD SUITE 500 UNIONVILLE ON L6G 0E7 CANADA EIN 874548506RM0001

NIKE DE MEXICO S DE R L DE C V
1,688 matching shipments
166M shipments total
Address: RFC TAX ID NO NME920220KL4 SAO PAULO NO 2373 COL PROVIDENCIA TEL 523330032400 GUADALAJARA JAL 44630 MEXICO

all this information can be found in US Import website from this link

https://importkey.com/search/HONSIN%20APPAREL%20SDN%20BHD

Posted by BursaFly > 2020-11-09 18:21 | Report Abuse

Mother run but son no action

Posted by springbok > 2020-11-09 18:47 | Report Abuse

Director selling the son and buying the mother

Posted by yorkyork > 2020-11-09 20:56 | Report Abuse

Hot selling in usa. Western ppl don’t buy 1 box , they buy 1pcs. Like those x mask type.

Posted by yorkyork > 2020-11-09 20:56 | Report Abuse

One box usd 50 vs 1pcs 4.99 usd. Sure they go for one pc

Posted by Lukesharewalker > 2020-11-09 21:32 | Report Abuse

https://www.scmp.com/news/world/europe/article/3108924/astrazeneca-ceo-says-coronavirus-vaccine-could-be-ready-december?utm_content=article&utm_medium=Social&utm_source=Facebook&fbclid=IwAR2zobEbjbBBMpFRPAVgYPfs4AxBgcQFD6G-kfBHZX_soThRonz6kqRG79M#Echobox=1604769434

Posted by LearningInvestor > 2020-11-09 23:19 | Report Abuse

I thought the vaccine would be broadly available by end of Q1 2021 but it looks like we still have to wait until end of Q2 or Q3 next year. Hopefully the sensible New US President will make wearing a mask a must while waiting for the vacciine to be broadly avaiable by Q2 or Q3 2021 https://www.cnbc.com/2020/11/09/dr-scott-gottlieb-pfizer-covid-vaccine-wont-help-immediately.html

Posted by yorkyork > 2020-11-09 23:27 | Report Abuse

Mask is a potent weapon against covid

Posted by NPRA1985 > 2020-11-09 23:43 | Report Abuse

U.S. president-elect Joe Biden greeted Pfizer Inc's experimental COVID-19 vaccine as excellent news on Monday, but warned that widespread vaccination remains months away and Americans need to continue WEARING MASKS and maintain social distancing.

https://www.thestar.com.my/news/world/2020/11/09/biden-welcomes-pfizer-coronavirus-vaccine-news-says-safety-measures-still-needed

“At the same time, it is also important to understand that the end of the battle against Covid-19 is still months away,” he added – stressing the continued importance of MASK-WEARING for the foreseeable future.

https://www.freemalaysiatoday.com/category/world/2020/11/09/biden-hails-hope-of-covid-19-vaccine-but-cautious-of-long-battle-ahead/

Posted by Hengoredi > 2020-11-10 00:14 | Report Abuse

Anyhow, I personally feel that precaution is better than cure. Vaksin maybe able to cure c19 like curing flu but it wont stop the spread of the virus. Masks and gloves are the best precaution. Vaksin may have side effect on infected human body.

Posted by JohnFarmer458 > 2020-11-10 00:26 | Report Abuse

https://www.nbcnews.com/politics/2020-election/live-blog/2020-11-09-biden-trump-2020-election-n1247064/ncrd1247082#liveBlogHeader

Rebecca Shabad

1h ago / 11:01 PM +08
Biden applauds Pfizer vaccine news, warns safety measures must continue 'well into next year'
Biden on Monday applauded drug company Pfizer on the news that early analysis shows its vaccine candidate is more than 90 percent effective in preventing Covid-19.

"Last night, my public health advisors were informed of this excellent news. I congratulate the brilliant women and men who helped produce this breakthrough and to give us such cause for hope," the president-elect said in a statement.

Biden warned, however, that it will take "many more months" before there is widespread vaccination across the United States and that "for the foreseeable future, a mask remains a more potent weapon against the virus than the vaccine."

"Today's news does not change this urgent reality. Americans will have to rely on masking, distancing, contact tracing, hand washing, and other measures to keep themselves safe well into next year," he said.

Posted by JohnFarmer458 > 2020-11-10 00:26 | Report Abuse

Biden reminding the public that MASK is still the more potent weapon against the virus NOT VACCINE.

Posted by NPRA1985 > 2020-11-10 00:29 | Report Abuse

Biden plans to make face mask mandatory

Posted by Hengoredi > 2020-11-10 00:37 | Report Abuse

https://www.cnbc.com/2020/11/09/dr-scott-gottlieb-pfizer-covid-vaccine-wont-help-immediately.html

Posted by Hengoredi > 2020-11-10 00:37 | Report Abuse

Bullshit vaccine

Posted by ming > 2020-11-10 02:35 | Report Abuse

https://www.klsescreener.com/v2/news/view/751399

Habis.. this guy again

Posted by BursaFly > 2020-11-10 09:03 | Report Abuse

No eye to see,big drop!!

Posted by kc1991 > 2020-11-10 09:04 | Report Abuse

Omg gap down

Posted by Hengoredi > 2020-11-10 09:15 | Report Abuse

Good opportunity. Managed to grab some at 1.67. All the contra kaki cleared off. Time to fly.

Posted by Hengoredi > 2020-11-10 09:22 | Report Abuse

Top up some more 1.70. Yes..

Posted by Greed_kills > 2020-11-10 09:32 | Report Abuse

my 1.71 also cannot get

Posted by Hengoredi > 2020-11-10 09:46 | Report Abuse

That's why greed kills. I dont queue at this offer price. 1cent difference only compare to yesterday's price.