Posted by karadis > 2021-05-07 13:03 | Report Abuse

@arv18, Yes! Agree with you. Stocks can be bought, warrants really need to be cautious, unless you really know how to play.

We need to be literate in speaking, don't be lack literacy like alien 1188.

Did he grow up by eating.....?

Posted by rocky_88 > 2021-05-07 13:08 | Report Abuse

why ppl keep buying the warrant? shark play?

Posted by karadis > 2021-05-07 13:09 | Report Abuse

@Smart8investor, It is currently in an awkward position, and the daily trend is still in a downward position. But we see that the weekly and monthly trends have stabilized.

Therefore, it can be predicted that their next quarterly financial report will be a very important element to judge whether the future trend is up or down.

Posted by karadis > 2021-05-07 13:26 | Report Abuse

Invest should be wisely. Stocks are just a tool for us to make money, not our lover. Should not blindly support or not support.

I will judge the enter and leave timing based on its fundamentals and technical aspects.

According to the information I have dug from my friends in the industry, I know some in-depth information and shared it here, but it may ruin some scammers' plans here. So you will see that why they are so angry.

Posted by Huat 888 > 2021-05-07 13:31 | Report Abuse

time to collect more b4 fly to the moon

Posted by karadis > 2021-05-07 13:34 | Report Abuse

But honestly speaking, their management was really bad, they didn't do what they said, and they used simulated ambiguity to deceive investors into buying. No guts!

They should learn from Top Glove. The boss of Top Glove have the guts. Even if their stocks fall, I will support them.

Posted by karadis > 2021-05-07 13:35 | Report Abuse

Hope everyone makes a lot of money.

Posted by karadis > 2021-05-07 14:14 | Report Abuse

That's not important anymore, the key point is their credibility has gone bankrupt!

Buy back 10% company share? Almost half year, have you seen that?


[ NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES PROLEXUS BERHAD ("PROLEXUS" OR THE "COMPANY") (I) PROPOSED BONUS ISSUE OF SHARES; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") ]


They are "propose" BONUS of SHARES and WARRANTS when the WARRANTS is coming expire worthless soon. Their purpose is already obvious.

Please pay attention, it's just a "propose" only. It is very high probability that until Last Date & Time for Trading of Warrants: 25/05/2021 05:00 PM, it is still in the "propose" stage

But if their care about their reputation, maybe their will change "propose" to "comfirm" soon when got our message.

Posted by karadis > 2021-05-07 14:14 | Report Abuse

For our rights, let us pressure them together to let them fulfill their promises.

Posted by karadis > 2021-05-07 14:19 | Report Abuse

The management of any listed company will go to their forum to see what investors are saying. This is basic.

Let's wait and see if they will admit their mistakes, correct them through actions, or continue to pretend to be invisible like foolish, and continue to be the incompetent management.

Posted by karadis > 2021-05-07 15:20 | Report Abuse

Issuing bonus shares does not involve cash flow. It increases the company’s share capital but not its net assets. When a company issues bonus shares, the shares are paid for out of the cash reserves, and the reserves deplete. For internal accounting, a bonus issue is simply reclassification of reserves, with no net change in total equity, although its composition is changed. A bonus issue is an increase in the share capital of the company along with a decrease in other reserves.

For example: if you hold 2,000 shares of RM3 stock, after 2 get 1 bonus share, your stock will become 3,000 shares, but the price will be adjusted to RM2.

I admire the fool who came up with this strategy to increase the stock price of prolexus. So far, it has worked, but he is no foresight. The use of this strategy have a important prerequisites, they have ignored it. This will be fermented within a year.

If they are really aware of the potential problem, then they will start to hesitate whether to change "Propose" to "Confirm".

In any case, please manage the company properly and be responsible to us (investors).

Posted by PatienceWin > 2021-05-07 15:48 | Report Abuse

really? ok i will stay far way from this counter bye happy holiday hehe

Posted by Imnoobonly > 2021-05-07 16:51 | Report Abuse

LU must got operator goreng...

Posted by PatienceWin > 2021-05-07 17:38 | Report Abuse

Well, at least director buying .. can reconsider hehe

Posted by karadis > 2021-05-07 17:57 | Report Abuse

A very strange phenomenon, the board of directors of this company seems to have only one director (MR LAU MONG YING), and no one else is willing to buy their own company’s stock.

But we still have to praise him, at least he continues to support his company's stock. Warm applause....

Posted by kc1991 > 2021-05-10 09:57 | Report Abuse

Move move

Posted by Msspirit > 2021-05-10 10:40 | Report Abuse

the possibility is less than 5%

Posted by kc1991 > 2021-05-10 12:25 | Report Abuse

Not moving

Posted by Msspirit > 2021-05-10 13:06 | Report Abuse

maybe after warrant expired 1st..

Posted by karadis > 2021-05-10 13:11 | Report Abuse

Warrants will expire after 2 weeks. According to the technical point of view, the mother stock is not optimistic in the short term. With more people selling and fewer people willing to buy, it can be expected that Warrants may usher in a wave of selling.

Look forward to alvin1188 helping us raise the price of parent stock and Warrants. It's your show time.

I will more prefer to keep my bullets and shoot it after May, but not now.

Posted by Msspirit > 2021-05-10 13:40 | Report Abuse

tanco is on bullish....
lets goo guyyss
prl is down until further notice

Posted by karadis > 2021-05-10 14:09 | Report Abuse

Prolexus’s Mother Stock and Warrant prices will rise or drop?

PRLEXUS-WA:
Exercise ratio = 1:1;
Exercise value = RM1.20;
Current share price = RM1.02

The price required to convert to the stock
= ( warrant price ✘ ratio ) + Exercise value
= ( 0.065✘1) + 1.20
= 1.265

The price for the warrant to be converted into shares is RM1.265, but according to the 10/5/21.1:30pm mother stock price of RM1.020, there is a premium of RM 0.245, which means that the price of the warrant to be converted into shares is more expensive than buying the shares directly in the market.

How to calculate premium%?
Formula = [(warrant price✘ratio) + Exercise value – Shares price ] / Shares price
Premium % = [(0.065✘1) + 1.20 – 1.02] / 1.02 = 24.02%

In other words, it is 24.02% more expensive to convert into shares with warrant than buying the shares directly in the market. This means that it is not good for investors, because you need to pay more money to convert into mother shares.

On the contrary, this is indeed beneficial to the Prolexus. Because if you can convert the mother stock at a cheaper price, the difference of the price needs to be paid by the company that issued the Warrants (that is, Prolexus), mean that they will lose the money.

If you were them, you will more prefer mother stock and Warrants prices rise or fall?

Posted by Msspirit > 2021-05-10 14:14 | Report Abuse

true..

Posted by karadis > 2021-05-10 14:44 | Report Abuse

@Smart8investor, why you delete all your posts? Are you also a scammer group or Prolexus insider here to entice everyone to buy, then delete what you wrote when the stock price drops?

Posted by karadis > 2021-05-10 14:46 | Report Abuse

If you follow this forum, you will found that the posts written by @Smart8investor have been deleted by him, and alvin1188 also suddenly disappeared.

Posted by karadis > 2021-05-10 14:51 | Report Abuse

@Smart8investor.
Since you deleted what you wrote above, your reputation has gone bankrupt, making us deeply suspicious of your sinister ambitions.

Posted by karadis > 2021-05-10 15:07 | Report Abuse

@Smart8investor
Of course, you didn't wrote any bad to this. You just inducing everyone that Prolexus is still thriving, can buy it, don’t miss the chance to make a fortune. When others buy in, it may be the best time for you to sell. A magnanimous person will not delete the posts that he wrote before, but only sneaky people will have that behaviors.

Posted by TomyamGong > 2021-05-10 15:25 | Report Abuse

Nothing wrong with the counter, market sentiment is bad. Just stay away guys

Posted by karadis > 2021-05-10 15:33 | Report Abuse

Hahaha, @Smart8investor. First of all, Prolexus' stock price has been in a downward trend from 11/2020 until now.

Second, only their Managing Director-Lau Mong Ying has keep buying, not their CEO (Executive Director-Choong Chee Mun). The board of directors of this company seems to have only one director (MR LAU MONG YING), and no one else is willing to buy their own company’s stock and just sleeping. Their CEO is one of them.

Third, You just inducing everyone that Prolexus is still thriving, can buy it, don’t miss the chance to make a fortune. When others buy in, it may be the best time for you to sell.

Fourth, A magnanimous person will not delete the posts that he wrote before, but only sneaky people will have that behaviors.

Don't try to shift the focus, you are a liar, and most likely in the same group members with Alvin1188. Believe that Alvin1188 will jump out soon.

Posted by karadis > 2021-05-10 16:18 | Report Abuse

He (Smart8investor) deleted the posts that he wrote just now again, which is really sad.

To be a man, we must be brave to face ourselves. I would rather you be a liar than you are an insider or even the management of Prolexus. Otherwise, it would be really sadder.

Don't know when he will appear again? When we forget him?

Posted by Imnoobonly > 2021-05-10 19:25 | Report Abuse

Warrant is casino now....

Posted by Imnoobonly > 2021-05-10 19:37 | Report Abuse

If HC fly then ada chance....

Posted by Msspirit > 2021-05-11 09:46 | Report Abuse

Dream bro..its gap down hahaha

Posted by karadis > 2021-05-11 09:50 | Report Abuse

What are the secret advantages of Issue Bonus Share for these directors and major shareholders?

In fact, there are a lot of tips in the gray area that you don't know and they won't tell you.

For example:
1. Use Issue Bonus Share to transfer the company's surplus from left hand to the right hand enrich their pockets, which can also save reasonable taxes.

2. When the company's future prospects are not optimistic, they can enrich their pockets through Issue Bonus Share.

Posted by karadis > 2021-05-11 09:52 | Report Abuse

The warrants holders are fleeing! Is the wolf really coming?

Posted by Msspirit > 2021-05-11 10:32 | Report Abuse

what mean wolf coming?
mother fly?

Posted by karadis > 2021-05-11 10:42 | Report Abuse

No, @Msspirit. Mean that Warrants fall into the abyss of hell.

Posted by Anisdesanika > 2021-05-11 11:26 | Report Abuse

Warrant last day of trading is 25/5.

Posted by Msspirit > 2021-05-11 12:15 | Report Abuse

Bette4 runnnow than become paper

Posted by Huat 888 > 2021-05-11 12:30 | Report Abuse

after warrant expired mother will fly to the moon

Posted by Anisdesanika > 2021-05-11 12:36 | Report Abuse

Huat 888 that's true.Director buying in anticipation of warrant expiry. Mother share got potential.

Posted by Anisdesanika > 2021-05-11 12:42 | Report Abuse

But if got jerung collecting warrant,maybe just maybe a rally kubor b4 expiry.Maybe...But i don't think so lah...

Posted by Msspirit > 2021-05-11 12:56 | Report Abuse

no way to go ..left 1week ..which is 7days

Posted by rocky_88 > 2021-05-11 14:19 | Report Abuse

warrant bila expired?

Posted by Msspirit > 2021-05-11 14:53 | Report Abuse

go for mother better..safer...wa will become paper later....

Posted by rocky_88 > 2021-05-11 14:54 | Report Abuse

why ppl keep buying wa and big volume..

Posted by Msspirit > 2021-05-11 15:17 | Report Abuse

where got buy lol

Posted by Msspirit > 2021-05-11 15:17 | Report Abuse

company self buy ma....lost 30% better than let u convert to mother lost 100%

Posted by RainT > 2021-05-11 15:35 | Report Abuse

Cannot sustain uptrend

continue down more

Posted by Msspirit > 2021-05-11 15:46 | Report Abuse

tanco is on uptrend ..swithc there better