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

Is the pandemic expected to get worse in 2021? Corresponds to gloves sector the future would be declining revenue

Posted by Lukesharewalker > 2020-12-17 12:55 | Report Abuse

Profits potentially can halved the next quarter. That's why

Posted by POONJ > 2020-12-17 13:29 | Report Abuse

Good luck guys!! Time to say goodbye..

Posted by fosterstrong > 2020-12-17 13:40 | Report Abuse

I found out that the technology is actually by heiq. Heiq has offers the viroblock technology for free. Therefore any apparel manufacturer can manufacture anti viral fabric mask and obtain relevant certification easily.

"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."

With that being said, i believe their margin for fabric mask will continue to shrink. for now, bye prolexus

Posted by fosterstrong > 2020-12-17 13:40 | Report Abuse

https://en.prnasia.com/releases/apac/heiq-calls-for-textile-industry-s-united-effort-by-offering-proprietary-viroblock-to-cht-jintex-and-piedmont-278874.shtml

Posted by Ntpboon > 2020-12-17 14:01 | Report Abuse

amateurJR @Ntpboon, Topglove and supermx resultsalso excellent, look at wat happened to them. Nowadays buy lapsap stock can earn even more.
17/12/2020 11:01 AM
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其实上面的故事多多少少也回答了你的疑问。

对于某些东西，由于观点不同，得出结论也不一样。

股市的交易是零和游戏，但脱离不了供需关系。。

供大于需，股价跌。需多于供，股价涨。供需平衡，股价横摆

至于手套股的波动，不要只看其业绩，也得考虑其增加的股数。

一轮红股下来，股数增加不少，市场消化得了？尤其这时候外资还不断在卖。

还有手套股在这之前已翻了几翻，套利是预料之中。

当然这只是其中一个原因，还有很多其他因素左右了手套股的波动。

垃圾也是因人而异的，在有些人眼中是垃圾，在某些人眼中就是宝物。

不瞒你说我去年还把Supermx当垃圾股来看。哈哈哈。。。。。。。

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Posted by yorkyork > 2020-12-17 14:26 | Report Abuse

现在是垃圾，以后就是宝。叫宝翔

Posted by POONJ > 2020-12-17 14:47 | Report Abuse

The price keep going down liked no future..

Posted by yorkyork > 2020-12-17 15:08 | Report Abuse

washing side way collect ppls ma.

Posted by yorkyork > 2020-12-17 15:20 | Report Abuse

In spite of the fact that some people still think that they know him

Posted by Bing9987 > 2020-12-17 15:24 | Report Abuse

still got hope or not or have to run ?

Posted by jutawansenyap > 2020-12-17 15:48 | Report Abuse

U shud sell morning.now 50-50.buyer can coming in anytime.tomorrow glove shud be in play.prlexus will follow suit

Posted by uncertainty93 > 2020-12-17 19:36 | Report Abuse

Why is 2moro glove turn?

Posted by STEADYBOMBIBI85 > 2020-12-17 20:50 | Report Abuse

Honestly, anymore hope for this counter?

Posted by Mush Joker > 2020-12-17 21:30 | Report Abuse

yeah gogogo

Posted by Glove Angel > 2020-12-17 21:43 | Report Abuse

Chill... Above 2 is otw.

Posted by POONJ > 2020-12-17 21:46 | Report Abuse

Hopefully share Buy back by company to stop the bleeding...

Posted by POONJ > 2020-12-17 21:48 | Report Abuse

Glove angel sure or not Above 2 ? I worry tomorrow drop until cannot see the road!

Posted by benjamin6880 > 2020-12-17 21:50 | Report Abuse

Perhaps this is knee jerk effect on the short selling recommenced in Jan 2021..if this company is fundamentally strong, no worry..

Posted by jutawansenyap > 2020-12-17 22:00 | Report Abuse

@uncertainty93.Today is consider big contra player T3 for TG Sprmx and Harta.TG and Harta were well absorbed.Technically they will test yesterday highest price tomorrow.While on vaccine side,buying momentum getting weaker.When buying weaker,people will sell.Example Bintai.

Unless tonight got new catalyst for vaccine.But as for now,tomorrow glove shud in play.

Posted by jutawansenyap > 2020-12-17 22:01 | Report Abuse

I dony hold any prlexus.Im holding HLT today at closing price.

Posted by jutawansenyap > 2020-12-17 22:02 | Report Abuse

Prlexus need to break 1.45,then to maintain the trend,shud break 1.5.Otherwise the trend will reverse more to downside

Posted by limsingpoh9497 > 2020-12-17 22:03 | Report Abuse

Buy at 1.43

Posted by tradesafely > 2020-12-17 22:05 | Report Abuse

sadly it will follow gloves sentiment going down, but stagnant when gloves rebound/up.

Posted by valuewood11 > 2020-12-18 00:07 | Report Abuse

padini EPS is lower than Prlexus yet trading at RM3. Prlexus should worth at least RM2

Posted by trader808 > 2020-12-18 04:29 | Report Abuse

You cannot compare Apple with Lemon.

Posted by STEADYBOMBIBI85 > 2020-12-18 09:25 | Report Abuse

Hopeless stock...

Posted by STEADYBOMBIBI85 > 2020-12-18 09:55 | Report Abuse

OMG what is happening to this stock?? Any bad news ??

Posted by POONJ > 2020-12-18 09:58 | Report Abuse

Cutloss 了没办法。。。

Posted by BeeBearBear > 2020-12-18 10:00 |

Post removed.Why?

Posted by STEADYBOMBIBI85 > 2020-12-18 10:00 | Report Abuse

Any bad news ??

Posted by subaru88 > 2020-12-18 10:13 | Report Abuse

why keep going down???

Posted by STEADYBOMBIBI85 > 2020-12-18 10:19 | Report Abuse

No idea, lets wait for some answers....

Posted by BuyCall > 2020-12-18 10:24 | Report Abuse

let me share my humble opinion:

The only thing that is supporting Prlexus's business is its high profit margin ProX face mask. This is witnessed by its Q4 2020 result, which Prlexus recorded an all time high PAT.

The problem is this:

According to its latest quarter result, both its revenue and PAT have dropped in a notable amount.
As explained in the report, the drop in both revenue and PAT is due to the DECREASE IN AVERAGE SELLING PRICE for its facemask (and also sales of apparel).

A further drop in average selling price will further shrink its revenue and pat for coming quarters.

Can refer to here to understand better:
https://klse.i3investor.com/blogs/buycall/2020-12-16-story-h1538250306-PRLEXUS_8966_Latest_Quarter_Result_1QFY21_Within_Expectation.jsp

Posted by POONJ > 2020-12-18 10:24 | Report Abuse

I think market Not confident for the next QR earning..

Posted by STEADYBOMBIBI85 > 2020-12-18 10:29 | Report Abuse

@BuyCall Thanks for the explanation...

Posted by Hengoredi > 2020-12-18 10:29 | Report Abuse

Today start can do short selling

Posted by yorkyork > 2020-12-18 10:58 | Report Abuse

yorkyork 1.27 if got should all in already. just waiting to average.
17/12/2020 11:58 AM

Posted by jutawansenyap > 2020-12-18 11:02 | Report Abuse

Vaccine down.but gloves also down.ayyooo

Posted by uncertainty93 > 2020-12-18 11:19 | Report Abuse

still stuck at 1.64 with 60% of my modal hanging over there, should i sell to cut loss and look at other counter instead? Any sifu can advise?

Posted by Lukesharewalker > 2020-12-18 11:26 | Report Abuse

Look like game over. Good bye

Posted by FactCheck > 2020-12-18 11:37 | Report Abuse

Let's keep in mind that this is a company that generated RM 38 mn from May to July 2020.

And that it was never a mask company before COVID.

Fundamentally it's cash rich, and adapted well. For a company that was able to do this during COVID, I don't think the company is just going to sit back and watch it's business shrink in the long term la. Mask or no mask.

Posted by FactCheck > 2020-12-18 11:38 | Report Abuse

38mn *profit* in 6 months (when it used to only generate 6-8mn in a year before that)

Posted by yorkyork > 2020-12-18 11:51 | Report Abuse

drop drop, later the cash is much more than the market cap. terbalik. haha

Posted by Lukesharewalker > 2020-12-18 11:51 | Report Abuse

Yeah. Future prospects fall back 6 to 8 million a year soon

Posted by yorkyork > 2020-12-18 11:55 | Report Abuse

if 6-8m eps also around 6eps per quarter x 4 quarter x pe 8 ok?=also rm 1.92le.

Posted by yorkyork > 2020-12-18 11:57 | Report Abuse

their cash can last them 3 years.

Posted by uncertainty93 > 2020-12-18 12:10 | Report Abuse

For long term cn hold, for short term should have cut loss

Posted by yorkyork > 2020-12-18 12:13 | Report Abuse

price will return to value. its take sometimes. now is vaccine news + malaysia politics unstable. double or triple penetration the stocks market. after this we will see rainbow again. happy riding.

Posted by Lukesharewalker > 2020-12-18 12:28 | Report Abuse

Sell before others come to realization