Posted by YC88 > 2021-06-30 19:14 | Report Abuse

Is there a deadline extension for QR report ?

Posted by blistering > 2021-06-30 19:22 | Report Abuse

Olimpic 2021 Japan , Prolexus contract customer ordered big volume for Merchandise & Apparel globally!!...QR will be low but future opening economy will benefit Prolexus more!!! buy since it's CHEAP!!

Posted by TheContrarian > 2021-06-30 20:04 | Report Abuse

Bought at 51.5 sen today.

Posted by healthcare healthcare > 2021-06-30 21:22 | Report Abuse

no worries. sure limit up.

Posted by Jason > 2021-06-30 21:53 | Report Abuse

Even I paper loss 30% now, I still keep faith with Prolexus management.. and keep average down..

Posted by learnbyheart > 2021-07-01 07:01 | Report Abuse

Nearly rm 40k loss now..plan to average more

Posted by maxhoi > 2021-07-01 07:29 | Report Abuse

This is a very weird forum and I'm a newcomer. Here you find 2 main participants who have opposing views. Their respective views should be respected because you can either benefit from them or simply ignore them. But the fact remains that the share price has been on a downward spiral ever since the ex date & the qr result is past due.....For whatever reasons...

Posted by Bgt 9963 > 2021-07-01 08:34 |

Post removed.Why?

Posted by Huat 888 > 2021-07-01 08:50 | Report Abuse

hopefully uptrend coming soon

Posted by sujibaby > 2021-07-01 09:16 | Report Abuse

Morning dump due to expected bad QR? To my fellow investors who are curious, lets see whether my calculations make sense.

https://klse.i3investor.com/m/blog/sujibaby_yongtai/2021-06-29-story-h1567090911-Prolexus_8966_Q3_2021_forecast_Will_it_get_worst_29_June_2021_Sujibaby.jsp

Posted by Ophirian > 2021-07-01 09:52 | Report Abuse

Where’s the free warrant?

Posted by karadis > 2021-07-01 10:17 | Report Abuse

The most terrible investment black hole is the average down model. Unless you are applying a well-founded analysis to find a suitable position to enter the market, the purpose is to flatten the cost, but the result may get deeper and deeper.

Be careful when you take this approach. This alway is the main cause of major losses. Protecting our capital is the first creed in the stock market.

Posted by karadis > 2021-07-01 10:50 | Report Abuse

@nubiskubissss Since BI launch, share price has plummeted by more than 30%, but QR has not been announced yet.

If QR is the bad QR as we expected, afraid it will continue to fall even deeper. So Warrant B's situation must be very bad.


~~~~~~~
karadis @alvin1188
I don’t even bother to talk about the bad situation company. Didn’t know how many people were dead because you in the Warrants A. Beware of retribution! God bless you.

I didn't want to care about you, but you always like to jump out and want to be trampled by someone. Really don’t understand how such a slut thinking. Let’s take a look at the performance of Prolexus next QR!

WB at 0.5x, when mother drop according to the bad QR, then you know it's very expensive.
10/06/2021 10:31 AM

~~~~~~~
nubiskubissss @karadis what if mother dont drop?
10/06/2021 3:43 PM

Posted by karadis > 2021-07-01 11:00 | Report Abuse

@Ophirian Where’s the free warrant?

Please refer......Warrant B is coming soon !!!!! ~~~ Believe that free warrant will release after QR.


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Do you know why Warrants B has not been listed yet?

There are actually conspiracies and reasons. That's why I replied @Jason said "maybe the Warrants B will list out after the bad result QR."

Think about it, everyone:
1. Is Warrants B issue free for everyone?

2. After you get Warrants B, will you consider selling it? Directly in exchange for cash?

3. If (1) & (2) your answers are both Yes. Then think about it, when you sell Warrants B, who is responsible for paying? Of course it is the person who issued Warrants B. That is Prolexus.

4. According to the announment before, the Warrant exercise price is 0.56. It means that they will buy it back at a price of 0.56 (if you sell it at the moment).

5. Assuming that the stock price continues to decline (it has fallen by 31.88%), how much should the price of Warrants B shoule be fall now?

6. Assuming that QR comes out very unsatisfactorily and the stock price continues to fall, Warrants B is released at that time. The price of Warrants B may drop directly to 0.3. At that time, Prolexus only needs to use 0.30 to buy back Warrants (if you sell at the moment). They can save 46.43% immediately. Are they very smart?

Smart but treacherous enough!

Everyone understands that how Prolexus and his team are playing the dirty games now!
30/06/2021 1:25 PM

Posted by karadis > 2021-07-01 11:18 | Report Abuse

Prolexus is obviously protecting the share price, keep it maintain and not continue dropping, which is a good thing.

Let see what will happen of today's closing.

Posted by ShareBurger > 2021-07-01 13:07 | Report Abuse

The technical looks bearish and strong sell momentum. Some large buy order at 0.50.
Indication to hold support if there is a dump?

My first ever comment. Not a comment fan.

Posted by sujibaby > 2021-07-01 16:14 | Report Abuse

Everyone is too busy watching Pak Karim's game now? Lol

Posted by karadis > 2021-07-01 16:57 | Report Abuse

When Buy Side is almost cleared, there will be funds coming in to place orders to prevent the stock price from falling. It is obvious that Prolexus is actively defending the market. Because if it falls below 0.5 today and the subsequent earnings report is not ideal, it will fall even more severely. 0.5 is a mental price, there is no confidence once it falls below it.

Posted by xcu843 > 2021-07-01 18:26 | Report Abuse

Report still cannot out

Posted by blistering > 2021-07-01 18:40 | Report Abuse

CL 5k Prolexus and go all in SCIB WB & Serba W, win 45k...tired of waiting prolexus

Posted by karadis > 2021-07-01 19:42 | Report Abuse

Today is 2021/07/01, and under normal circumstances, the quarterly financial report of Prolexus should be released at the latest yesterday. But the quarterly financial report has not been announced until now. It seems that Prolexus's quarterly financial report this time maybe not very optimistic.

Maybe they plan to postpone the release until Friday tomorrow, so as to give investors two days of weekends to calm down?

Worried about being severely sold after announced???

Posted by karadis > 2021-07-01 19:42 | Report Abuse

Let's leave aside whether the upcoming QR is good or bad, let's take a look at the technical chart first, is it suitable for entering the market? Or should we escape quickly to protect our capital?

https://klse.i3investor.com/blogs/karadis/550264.jsp

Posted by YC88 > 2021-07-01 21:52 | Report Abuse

https://www.theedgemarkets.com/article/mco-bursa-grants-onemonth-deadline-extension-financial-statement-annual-report-issuance

Posted by sujibaby > 2021-07-01 22:01 | Report Abuse

Agree with karadis. Delay QR until friday by speculating that the market will cool down by monday, is tactically wrong.
The monthly candle pattern looks terrible. It will take a miracle to rebound sooner.
I fear that i was slightly lenient on my forecast QR analysis. The delay in QR announcement makes me to doubt that the results could be worse than shown my calculation.
If the apparel section did not profit this time, the textile section may drag their loss even further to - 6million.
That will be a disaster!

Posted by Newbieinshare > 2021-07-02 09:15 | Report Abuse

When can we get the warrant?

Posted by POP888 > 2021-07-02 09:38 | Report Abuse

Scam counter, CL now

Posted by ShareBurger > 2021-07-02 09:46 | Report Abuse

They may issue warrant after QR release. Pay cheaper free warrant to the holders.

Posted by ShareBurger > 2021-07-02 10:41 | Report Abuse

A failed strategy by the CFO to increase s.holder confidence.
Announce BI but hold back Warrant B.
With delayed QR, many holders are throwing mother share now.
Many are waiting to throw Warrant B once it is issued. They will sell and take profit.
This what happens when u put CFO like this level to advise his boss.

Posted by ShareBurger > 2021-07-02 12:42 | Report Abuse

xcu843: Report must go out today. If not, mati teruk lagi. CFO dont know how to play.

Posted by ShareBurger > 2021-07-02 12:44 | Report Abuse

Newbieinshare: Warrant should release after QR from them to save money. Kiasu counter, let shareholder die.

Posted by ShareBurger > 2021-07-02 12:45 | Report Abuse

POP888: me CL half holdings ready, if break 0.50 today..bye bye one..

Posted by jojo69 > 2021-07-02 13:15 | Report Abuse

@sujibaby & @karadis Why has it been falling? @YC88 Will QR be postponed for a month?
Should I cut lost???

Posted by sujibaby > 2021-07-02 13:40 | Report Abuse

jojo69: We may expect a bad QR as the company has not been performing well. You may refer to my post to know more;

https://klse.i3investor.com/blogs/sujibaby_yongtai/2021-06-29-story-h1567090911-Prolexus_8966_Q3_2021_forecast_Will_it_get_worst_29_June_2021_Sujibaby.jsp

Not in a position to advise for cut lost. Trade with caution. Protect your capital first and know your holding strength. If my calculation is right and the QR is bad, many holders will sell.
Technical wise, it looks terrible for the price to rebound any soon.

Posted by jojo69 > 2021-07-02 13:46 | Report Abuse

@sujibaby, Bad QR? How bad can it be? Last time I watched @alvin1188 and he shared that the next quarterly report will be very good. He said that the masks are sold in several countries and the sales are good. He even email to Prolexus, and Prolexus replied that the big customers like NIKE & Asics are still there, everything seems nice and excellent. Why suddenly it seems that the sky has changed, it is not the same thing at all, and it loses? ?

Posted by jojo69 > 2021-07-02 13:56 | Report Abuse

I chose to believe @alvin1188 before. I took advantage of the BI activity and bought some share. They were all good before the release of BI. Why did they drop so much after the BI release? Are they really deliberately deceiving us? Damm...

Posted by maxhoi > 2021-07-02 14:07 | Report Abuse

@sujibaby, I hope you are wrong but looks like you are most likely right.

Posted by sujibaby > 2021-07-02 14:11 | Report Abuse

@jojo69: The profit margin for apparel is relatively low. Based on my study, taking the current range of USD-MYR conversion rate, the QR tends to go negative every time the revenue drops below RM 60 million. Last quarter and the quarter before fabric mask inclusion seems to be OK due to:
1) higher profit margin of the fabric mask
2) textile factory loss margin reduced due to inter-segment sales (due to fabric mask)

@alvin1188 checked with the management to know whether NIKE & Asics were still there but, he did not ask whether the orders have reduced or not. Because, numbers do not lie and the numbers tell us that the revenue has been decreasing.

Cant comment on the BI strategy but, from my observation, if the company is trying to boost the price through BI, it is a bad move indeed.

Trade with risk control. If you are a technical trader, you know that the chart looks terrible.
Trade safe.

Posted by sujibaby > 2021-07-02 14:16 | Report Abuse

@maxhoi: I understand the emotion involved as a trader. But, sometimes fundamental analysis is important for us to know when to hold or cut. I hope i am wrong too because I know the pain of losing hard earned money in the market, but, the delay of QR makes me to think otherwise. The technical looks like its about to plunge below 0.48 by closing.
I wish everyone the best decisions. Trade safe guys, be strong.

Posted by ShareBurger > 2021-07-02 14:21 | Report Abuse

wahlau...wtf CFO main busuk..

Posted by karadis > 2021-07-02 14:29 | Report Abuse

When everyone dislikes me, or even opposes and insults me, I still insist on in-depth analysis, hoping to help everyone see all the facts through a different angled analysis. And performance and stock price are the best proof.

If QR is not released for one day, we are not sure how bad QR will be! It may be just the balance of the profit and loss, it may lose a little bit, or the loss may be huge.

But what is certain is that their strategy is problematic. I think their management needs to review. Either this is a decision error of MD, or a proposal error of the CEO or CFO.

How to say? Share Buy Back 10% is a strategy to reduce the number of shares outstanding in the market. The Bonus Issue is a strategy to increase the number of shares outstanding in the market. These two strategies are contradictory, completely opposite strategies. Have you ever seen that listed company operate like that at the same time?

And the original plan was to share Buy Back first, then BI. Now that BI is implemented, Share Buy Back is gone. Under normal circumstances, it is impossible to implement Share Buy Back again, because if there is a conflict of interest in Share Buy Back after BI, Bursa needs to investigate.

According to technical analysis, everything is not optimistic.
https://klse.i3investor.com/blogs/karadis/550264.jsp

Be careful when you take the average down approach. This always is the main cause of major losses. Protecting our capital is the first creed in the stock market. We should trade with the risk control.

Posted by jojo69 > 2021-07-02 14:33 | Report Abuse

Thank you for @karadis &@sujibaby sharing and opinions. I will look at the situation in the afternoon before making a decision. I am a little worried about the situation after this weekend! My pension. . .

Posted by jojo69 > 2021-07-02 14:34 | Report Abuse

Where @alvin1188???????????????????????????????? Damm!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by maxhoi > 2021-07-02 15:18 | Report Abuse

@sujibaby, being invested in the market is like swimming with the crocs. Don't know when you'll be swallowed up. I note you do do a fair bit of research into some counters, that should be the way since hard earned money is involved. I am basically a technical trader and will lose out whenever there's a slip in my discipline.

Posted by YC88 > 2021-07-02 16:31 | Report Abuse

Warrant listed next Monday

Posted by YC88 > 2021-07-02 16:33 | Report Abuse

Time to fly

Posted by Vaccineyes > 2021-07-02 16:38 | Report Abuse

Wow price going up finally. Monday both warrant and mother share limit up

Posted by jojo69 > 2021-07-02 16:40 | Report Abuse

Awesome! Average down?

Posted by Vaccineyes > 2021-07-02 16:41 | Report Abuse

At least 0.56 sen today hopefully

Posted by YC88 > 2021-07-02 16:41 | Report Abuse

Earlier maybe operator push down to collect more tickets .

Posted by Vaccineyes > 2021-07-02 16:42 | Report Abuse

Today boleh mkn chicken chop. Monday makan shark fin soup