I wrote an email to PRLEXUS to ask the reason why the administration expenses so high, they replied:
As disclosed in page 9 of the interim report, the higher administrative expense was due to the recognition of the fair value on ESOS amounted to RM 1.845 million. This is a one-off expense for this financial year unless the Company grants the second tranche of ESOS to its employees. No decision has been made to issue the second tranche now, but under the ESOS By-Laws, it is always the discretion of the Company to grant ESOS as and when it deems fit.
What do you understand earning profit? If Prlexus earning profit, that's mean their stiff competitor, Magni earned less. Please see how much Magni earned in quarterly financial report to prove my statement!
My advice to the fresh investors is sell it on January,2014. You can't see how terrible it will be dropped, but you can see how much it will be increased in year 2014. I am so happy found this counter. :)
Considering the price point of the finished goods, I think branded sports wear manufactured should not be affected. Q3 results actually quite good, with rising sales trend intact. If we exclude the esos charge of 1.8m (which is accounting charge without cash flow effect), the eps actually went up compared to Q3-2012. Any significant drop is chance to accumulate, in my opinion.
most contra already out yesterday..you can see it through the selling of volume. Now the sellers are the one who hold the shares, but lack of information, the market price should be more RM1.2. I recommend other stock which is also my favourite 2014 stock, Homeriz.
Remember my words, homeriz and prlexus are stocks until 2014! But not 2015! I predict PRLEXUS will shoot up until RM 2.5 at the end of 2014 and then split again and drop until RM1.90(if no split) in 2015. guess yourself for Homeriz. Follow my prediction until the end of December will make you earn another 100% profit in this counter. Alan Tan, you are so bad, you want me to type all my analysis here words by words for the Homeriz???? I have already shared the analysis for this counter, PRLEXUS, I dont wish to type a long analysis again!!! If you want the analysis of prlexus, I can copy my previous comments and paste here, but not Homeriz, need to type a very long long words..but both are related to business in foreign countries like China and US, and their gross profit all up surprisely, like this counter, a minority of people know this counter earned 25% of profit compared with magni just 7% of growth, hahaha. I prefer to type non-sense words instead of analysis and I know I am a talkactive girl..hhehe..xD..Night is not young now...Good night all. =)
Fifa 2014? Fifa they use nike? Why last time Fifa their revenue no increase 1? Hope some1 explain to me tq. But thecompany is getting better is truth :D
Hibernate for this shares now until the next good news or quarter report. I think no one will be interested in this counter except those long term investors. Any good shares to recommend here?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
120453
712 posts
Posted by 120453 > 2013-12-11 10:22 | Report Abuse
Pls compared with previous Q. Then you can see BIG difference