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

Posted by EngineeringProfit > 2020-12-16 17:41 | Report Abuse

let's continue the chorus and march on:




















HI HO ....HI HO



WE'RE ON OUR WAY BACK 3.00 HOME

HUAT AR

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 17:46 | Report Abuse

1b cash at bank. WTF

Justin Tan

258 posts

Posted by Justin Tan > 2020-12-16 17:46 | Report Abuse

What is the net profit ?

VenFx

14,784 posts

Posted by VenFx > 2020-12-16 17:46 | Report Abuse

Congrats to all Lexus comrades in here ....

Posted by uncertainty93 > 2020-12-16 17:50 | Report Abuse

The Group recorded a profit before taxation of RM19.0 million as compared to the preceding quarter of RM27.8
million. This is mainly due to the decrease in average selling price of fabric mask in the current quarter.

Posted by birkincollector > 2020-12-16 17:51 | Report Abuse

hmmm...much lower than last quarter though

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 17:54 | Report Abuse

compared to last quarter is lower , but still good.
its still earned decent profit.

Posted by uncertainty93 > 2020-12-16 18:00 | Report Abuse

hmm, but investors nowadays dun see it this way, when PAT lower than previous quarter, they will think it's not good enough..

Posted by uncertainty93 > 2020-12-16 18:02 | Report Abuse

but still, the performance is consider very good if u refer back to all previous quarters

Posted by birkincollector > 2020-12-16 18:02 | Report Abuse

can not be a good news when ASP decreased...

Posted by EngineeringProfit > 2020-12-16 18:03 | Report Abuse

If the following QR earnings around 20mil --> almost 80mil per annum.

EPS would be sky high

Posted by EngineeringProfit > 2020-12-16 18:03 | Report Abuse

let's continue the chorus and march on:




















HI HO ....HI HO



WE'RE ON OUR WAY BACK 3.00 HOME

HUAT AR

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-16 18:04 | Report Abuse

Luckily sold warrant today.The current market condition is very uncertainty.Can be up.But normally not too good coz q to q drop.If TG strong tomorrow,advisable to sell higher as u can.

pantor

334 posts

Posted by pantor > 2020-12-16 18:05 | Report Abuse

Good result

Posted by EngineeringProfit > 2020-12-16 18:07 | Report Abuse

Its earnings have increased by an extra digit.....should worth 6.00 now

Posted by EngineeringProfit > 2020-12-16 18:08 | Report Abuse

let's continue the chorus and march on:




















HI HO ....HI HO



WE'RE ON OUR WAY BACK 3.00 HOME

HUAT AR

Mush Joker

394 posts

Posted by Mush Joker > 2020-12-16 18:11 | Report Abuse

1b cash at bank your head. lol.

sanjanx

112 posts

Posted by sanjanx > 2020-12-16 18:12 | Report Abuse

NET INCREASE IN CASH AND CASH EQUIVALENTS rm45.413 million!

Cloudboy

456 posts

Posted by Cloudboy > 2020-12-16 18:25 | Report Abuse

not bad the result...

sanjanx

112 posts

Posted by sanjanx > 2020-12-16 18:27 | Report Abuse

CASH AND CASH EQUIVALENTS AT END OF FINANCIAL PERIOD RM101.753 million increased to CASH AND CASH EQUIVALENTS AT END OF FINANCIAL PERIOD RM146,356 million in just 1 quarter.

Posted by Mush Joker > Dec 16, 2020 6:11 PM | Report Abuse

1b cash at bank your head. lol.

wulika

21 posts

Posted by wulika > 2020-12-16 18:27 | Report Abuse

nice result. But it didn't fly

stevenckheng

1,335 posts

Posted by stevenckheng > 2020-12-16 18:29 | Report Abuse

last gap up then run!

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-12-16 18:32 | Report Abuse

prolexus proved that they can sustain the income , 2 quarters in a row huge profit compared to their previous years entire year profit

now can go up to rm3

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 18:38 | Report Abuse

someone of the people didnt even bother to read the whole financial report. just read the earning from the announcement

Eastern686

510 posts

Posted by Eastern686 > 2020-12-16 18:38 | Report Abuse

Prolexus revenue n profit is slowing down. Price will be on downtrend.

Cloudboy

456 posts

Posted by Cloudboy > 2020-12-16 18:40 | Report Abuse

if u compare last year ....the cash and cash equivalents up a lot.....very strong balance sheet

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-16 18:40 | Report Abuse

Yup.But mr market is always right.They dont ever see detail report.So follow the trend,you will safe.

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 18:40 | Report Abuse

we will see tomorrow? name me few company with good profit during this pandemic. and Prolexus its not about fabric mask. their main business isnt mask. but you people dont bother to read up the company.

sanjanx

112 posts

Posted by sanjanx > 2020-12-16 18:41 | Report Abuse

CASH AND CASH EQUIVALENTS AT END OF FINANCIAL PERIOD RM101.753 million increased to CASH AND CASH EQUIVALENTS AT END OF FINANCIAL PERIOD RM146,356 million in just 1 quarter.

Correct brother

Posted by Cloudboy > Dec 16, 2020 6:40 PM | Report Abuse

if u compare last year ....the cash and cash equivalents up a lot.....very strong balance sheet

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 18:42 | Report Abuse

sanjanx. lucky you read the whole report. not only announcement otherwise you will scold at me hahaa

Mush Joker

394 posts

Posted by Mush Joker > 2020-12-16 18:49 | Report Abuse

1billion is 1000mil. lol.

yorkyork

2,770 posts

Posted by yorkyork > 2020-12-16 18:56 | Report Abuse

I only know few more months Olympic is coming summer is coming. It’s summer Olympic !

Posted by EngineeringProfit > 2020-12-16 18:57 | Report Abuse

HOT HOT SUMMER FPR PRO-LEXIANS SOOOOOOONEST










HUAT AR

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 19:03 | Report Abuse

oh. my apologies to you

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 19:04 | Report Abuse

mush joker

Posted by JohnVinson > 2020-12-16 19:07 | Report Abuse

Olympic come the sports wear will sell like hot cake...

Posted by siongkhoon > 2020-12-16 19:36 | Report Abuse

For this quarter the apparel contribution was lower due to CMCO, that's why the overall revenue and profit were lower. Magni was also in the same condition. But in term of net profit margin, Prolexus is much better with 19.23% to compare with Magni 7.74%.

So we can conclude that the reusable fabric mask profit margin is really high.

Posted by STEADYBOMBIBI85 > 2020-12-16 21:19 | Report Abuse

Hello everyone. I am new here. I would like to know whether it is still safe to enter? What is the support and resistance level?

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-16 21:22 | Report Abuse

Good result but my concern is qoq lower. Scare market dun like it

Posted by STEADYBOMBIBI85 > 2020-12-16 21:34 | Report Abuse

Do facemask counters follow glove trend or it is independent of glove trend?

sammmy

1,147 posts

Posted by sammmy > 2020-12-16 21:43 | Report Abuse

just see what happen tomorrow. but i personally think it will up for tomorrow.

Posted by STEADYBOMBIBI85 > 2020-12-16 21:51 | Report Abuse

@BuyCall Thanks for sharing that link. It has created some doubts....hmm....

xcu843

1,054 posts

Posted by xcu843 > 2020-12-16 21:57 | Report Abuse

Based on eps, the share should worth more than 2

Cloudboy

456 posts

Posted by Cloudboy > 2020-12-16 22:25 | Report Abuse

I think if compare to magni....prlexus is cheap at the moment

xcu843 Based on eps, the share should worth more than 2

springbok

46 posts

Posted by springbok > 2020-12-16 23:52 | Report Abuse

CE approval for the Europe market have just been approved this month.The sales figure will only appear in the next quarter.

yorkyork

2,770 posts

Posted by yorkyork > 2020-12-17 00:36 | Report Abuse

All the while they only can export to Sg and Malaysia. What’s the populations between this 2 country and compare with euro populations. Winter we use fabric mask cos the cloth materials. Normally u see in winter public area are using fabric mask, surgical mask not suitable. Decrease in profit margin selling price, we expected, but I do believe they still maintain very high profit margin. Beside that nta 1.50 , the per share unit is about 0.80 cents. They just need keep posting profit earning until Olympic kick in nov.

drteh84

527 posts

Posted by drteh84 > 2020-12-17 00:39 | Report Abuse

The fair price of PRLEXUS should be around RM2.75-2.80

yorkyork

2,770 posts

Posted by yorkyork > 2020-12-17 00:40 | Report Abuse

As I can see many ppls eyes on this counter, after result many post come out. They only wish tomorrow don’t gap up too much. But the support can be found between 1.35-1.50. And 31 Dec have a announcement.

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