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 1 day ago

YC88

82 posts

Posted by YC88 > 2021-07-02 16:43 | Report Abuse

@alvin1188 coming back soon

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-07-02 16:44 | Report Abuse

Close 56 cents. A great corporate strategy. Well done

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-07-02 16:44 | Report Abuse

Maybe monday 5 course dinner possible

YC88

82 posts

Posted by YC88 > 2021-07-02 16:45 | Report Abuse

Sad that didn’t able to top up more at 0.515, run out of bullets

jojo69

61 posts

Posted by jojo69 > 2021-07-02 16:47 | Report Abuse

It looks like today’s closing is positive, well done. Warrant listed next Monday. Today QR come out?

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2021-07-02 16:47 | Report Abuse

Last min shoot up

karadis

291 posts

Posted by karadis > 2021-07-02 16:52 | Report Abuse

@YC88 Agree, @alvin1188 coming back soon. Hahaha
Nice pull up.....

Posted by nubiskubissss > 2021-07-02 16:54 | Report Abuse

karadis dont go yet. qr still not released.

Huat 888

330 posts

Posted by Huat 888 > 2021-07-02 16:57 | Report Abuse

congrats who bought at 0.51, inikalilah
sky is the limit

Posted by ShareBurger > 2021-07-02 16:58 | Report Abuse

Wahlau!! Wth...

jojo69

61 posts

Posted by jojo69 > 2021-07-02 17:00 | Report Abuse

I believe @karadis will wait for @alvin1188 come out to debate, let us sit and wait for their debate competitions.

jojo69

61 posts

Posted by jojo69 > 2021-07-02 17:01 | Report Abuse

Closing 0.56 !!!

karadis

291 posts

Posted by karadis > 2021-07-02 17:05 | Report Abuse

Of course, I am still waiting for @alvin1188 come out and share us well-founded positive news on behalf of Prolexus management. Thanks a lot for @alvin1188. It is obvious how much Prolexus Boss supports you. Nice pull up.....

sujibaby

153 posts

Posted by sujibaby > 2021-07-02 17:08 | Report Abuse

If my calculation is right, somebody just ate 27,000 to 29,000 lots from 0.515 to 0.58 straight.
B% was 70-100%. With average price of 0.54, that could be around RM 1.4 mil to 1.56mil.
I wonder who could that be?

TheContrarian

9,279 posts

Posted by TheContrarian > 2021-07-02 17:09 | Report Abuse

Nice closing.

Jason

259 posts

Posted by Jason > 2021-07-02 17:58 | Report Abuse

Anyone can please me with expected Prlexus wb opening price on Monday ah? Exercise 0.56, Mother 0.56 now too

karadis

291 posts

Posted by karadis > 2021-07-02 18:16 | Report Abuse

It seems that QR will not come out today! And will not come out in a short time also!

Do you plan to continue lure a group of lambs jump into the arena and let them help you to push the stock price higher and higher before delease bad QR? Interesting, let see who are the those lambs.

Everyone, if you have a profit, you must know how to escape! Lest you end up being the one to be slaughtered.

As maxhoi said, "being invested in the market is like swimming with the crocs. Don't know when you'll be swallowed up"

Therefore, while considering profit, everyone must protect their capital!

blistering

138 posts

Posted by blistering > 2021-07-02 19:07 | Report Abuse

manage to top up 300k with my profit from SCIB and all in Prolexus right after warrant news out!! lets play next week hohoooo

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-07-02 20:48 | Report Abuse

Last yr quarter report only out on 31/7.won't it be out the same time this year?

jojo69

61 posts

Posted by jojo69 > 2021-07-02 21:01 | Report Abuse

@Vaccineyes, I think may be you have misunderstanding. I checked it as below:

2020-Q3, Interim report for the period ended: 2020/4/30, Announced: 2020/7/1. It has been confirmed that the QR is delayed.

xcu843

1,054 posts

Posted by xcu843 > 2021-07-02 21:12 | Report Abuse

So guess warrant open at what price

charlie chia

2,151 posts

Posted by charlie chia > 2021-07-02 21:50 | Report Abuse

Around 15-18 cts

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-07-02 22:19 | Report Abuse

Tq jojo69 for the explanation

imvu

7,888 posts

Posted by imvu > 2021-07-03 20:06 | Report Abuse

minggu depan gap up limit up .

jojo69

61 posts

Posted by jojo69 > 2021-07-04 10:30 | Report Abuse

@Vaccineyes, you are welcome.

jojo69

61 posts

Posted by jojo69 > 2021-07-04 10:34 | Report Abuse

@Jason said that the exercise price of Warrant B is 0.56. Why the price that other forum friends share is too low, 0.15 or even 0.005. Will it fall so low?

jojo69

61 posts

Posted by jojo69 > 2021-07-04 10:39 | Report Abuse

What do you expect to be the mother share's trend of the market opening tomorrow? Any trading plans, can you share it? I think the chance of Limit up is relatively low. If there is, I will definitely run right away.

jojo69

61 posts

Posted by jojo69 > 2021-07-04 12:48 | Report Abuse

I made a wrong decision. I invested most of my pension in Prolexus. The following trend has a huge impact on me. That why I seriously re-read everyone's comments and analysis in the forum during the past six months yesterday, especially karadis and alvin1188 comments.

The two of them vie with each other like a spear and a shield, and they are completely opposed to each other. This is a rare situation in other forums.

I believe anyone who saw Karadis's sharing about four months ago would hate him. What kind of shit analysis sharing, his analysis basically gave a message: "Prolexus's fundamentals have been corrupted, and every situation will deteriorate. The current results are just an illusion."

But now looking back after the fact, according to the performance of the stock price, Warrant A fell to 0.005. Analysis and correlation of events such as share buyback, BI, WI, etc., turned out that his analysis was reasonable. Indeed, the entire development seemed to be as predicted by Karadis. On the other hand, alvin1188 disappeared for no reason. He vowed to say that everything is good before. In that's the situation now, he should jump out and say something, right?

jojo69

61 posts

Posted by jojo69 > 2021-07-04 12:52 | Report Abuse

alvin1188 tells us that Karadis is a liar, but after re-study all comments found that alvin1188 sharing is basically not like Karadis's analysis using data and logic. He is more like a content person who has internal information, because he always seems to know the development trend of Prolexus for the first time.

He was so active in promote Prolexus, and beat each other so fiercely with Karadis. I have some doubts whether he is a top management or insider of Prolexus now?

jojo69

61 posts

Posted by jojo69 > 2021-07-04 12:59 | Report Abuse

I also found that POONJ is another old stockholder who was not optimistic about Prolexus at the beginning. I saw that POONJ has 943 total comments. He started comments in 2013 and involved many companies.

Another interesting thing is that I saw the interaction between Sujibaby and Karadis in March. Based on their interaction, I found that Sujibaby seemed to know the inside information of Prolexus from the beginning, and intentionally or unintentionally guided Karadis to dig deeper.

Karadis's position and analysis concept are already very clear, just see if the follow-up situation develops as he expected. I have doubts about the identity of @alvin1188 and @sujibaby, that why I hope they can come out and share the opinions and analysis, could you please come out and talk about it?

jojo69

61 posts

Posted by jojo69 > 2021-07-04 12:59 | Report Abuse

@POONJ, welcome to share what you know and your opinion. Thanks a lot.

Vaccineyes

786 posts

Posted by Vaccineyes > 2021-07-04 15:55 | Report Abuse

Wait tommorrow.hope Prolexus go up. All US indices also up. Hope KLCI follows suit

YC88

82 posts

Posted by YC88 > 2021-07-04 22:51 | Report Abuse

@jojo69 Anyone can just create an account to create rumours and false information here just for their own agenda. So just do your own homework and analysis . Don’t believe too much on what others say here.

jojo69

61 posts

Posted by jojo69 > 2021-07-05 08:51 | Report Abuse

Thanks @YC88. You are so nice.

jojo69

61 posts

Posted by jojo69 > 2021-07-05 08:52 | Report Abuse

I was a little disappointed with @sujibaby and @alvin1188, they didn't reply to me.

sujibaby

153 posts

Posted by sujibaby > 2021-07-05 09:50 | Report Abuse

jojo69: I am waiting for the QR to release, curious on my prediction. Shared my analysis on my blog, please do view them to know more.

jojo69

61 posts

Posted by jojo69 > 2021-07-05 11:07 | Report Abuse

The parent stock was weak, falling more than 5%, not optimistic. I sold half of the free Wa, take some in hands to be safer.

FactCheck

48 posts

Posted by FactCheck > 2021-07-05 11:09 | Report Abuse

@jojo69 : I'll drop a note because you seem quite stressed. In the long term, the fundamentals are in your favor. It's a company that has survived the pandemic by innovating into face masks, and has a good cash position. If you can leave your investment for a period of 12-24 months , I think you can relax a little.

Karadis in my opinion hasn't really offered good analysis and just likes to be heard. More emotions than facts (e.g. extrapolating multiple conclusions from just quarterly trends, which is irresponsible analysis)

Sujibaby at least did a decent analysis at the sub-segment level. I had thought many people missed the LAD element in last quarter's results.

That said, no-one can tell you with certainty whether the next QR is good or bad. (i.e. I'm not sure if either Karadis or Sujibaby would be willing to bet their life savings that it is negative , likewise no-one can guarantee you that it will be a good QR)

I say this because. Prolexus is a company that has been hit (like any other apparel company) , with declining sales due to COVID, and did a good move by pivoting into masks (imagine if they didn't?). As the apparel industry recovers, Prolexus's core business will recover as well. When and how much is the question, but clearly, now is a low point in the business and only two outcomes are possible - recovery , or bankruptcy. Bankruptcy is unlikely due to its cash position and alternative revenue from masks in the interim. If it's any comfort, Nike has reported a strong fourth quarter , +96% in revenues and +73% in sales, so there are signs of industry recovery.

My personal view is that you should look closely at the QR , but consider it one of many that you will have to follow with an exit horizon of 12-24 months. In that sense, there is low risk to your capital. Just a lot of opportunity loss if you were looking to punt the money somewhere else.

charlie chia

2,151 posts

Posted by charlie chia > 2021-04-11 23:08 | Report Abuse

Sujibaby
Can share your blog

jojo69

61 posts

Posted by jojo69 > 2021-07-05 11:52 | Report Abuse

Thank you very much to all the friends who are caring and reply.

In particular, I would like to thank @YC88, because he said a very important piece of information in his reply, which I made a mistake and ignored.

"Anyone can just create an account to create rumours and false information here just for their own agenda. So just do your own homework and analysis. Don’t believe too much on what others say here."

What he said makes a lot of sense.

I shouldn't just listen to the good news that I like and ignore the development of trends. In the past few days, I have carefully reviewed myself, and I really shouldn't be against the trend. It is clear that the trend is declining, but the additional capital investment in order to spread the cost has greatly increased my loss.

Although Karadis is always against the tune, competing with alvin1188. But apart from some emotional language, I seriously think about his opinion and some logic predict, combined with Prolexus' operations and market reactions. I have not rejected his views as I did at the beginning.

Thanks again @FactCheck your thoughtful response and kind suggestions. I will refer to your opinion. But frankly speaking, I am more inclined to @YC88's suggestion, don't trust the sharing in the forum, especially if it is purposeful and offensive.

Your ID hasn’t been registered for long, and the main comments are focused on promoting Prolexus. So your identity is also questionable.

You said: Nike has reported a strong fourth quarter, +96% in revenues and +73% in sales, so there are signs of industry recovery.

Although NIKE's performance has grown, it does not mean that orders will be given to Prolexus. In particular, our great government is implementing endless FMCO, and garment factories' orders for garments are not within the scope of permitted production. I believe that the next performance is unlikely to be too good.

After careful consideration and discussion with professional old friends, although I really hope that the stock price will rise, but I decided not to deceive myself. The most important thing is to reduce losses now.

For 12-24 months, the risk is too high. No one knows how long this epidemic will last, and no one knows what will happen in the future. If Prolexus really does not have an order for masks, and NIKE has not placed an order for it, and the endless MCO does not allow production, how long can Prolexus' cash support? These are unknowns.

I believe that the delayed QR will bring a clear answer, and I will reduce my losses as much as possible according to the trend.

Anyway, thank you for sharing.

karadis

291 posts

Posted by karadis > 2021-07-05 12:02 | Report Abuse

@jojo69 Thank you for your recognition, and I believe you will be more affirmative of me in the future.

milano

23 posts

Posted by milano > 2021-07-05 12:05 | Report Abuse

though come late for WB. glad to walk away with small money. $$

jojo69

61 posts

Posted by jojo69 > 2021-07-05 12:12 | Report Abuse

@karadis, I am pray won’t identify with you opinions. In this way, Prolexus will not be unsatisfactory as you predicted, and my wealth will be preserved.

Although our views are different, although I have lost money, I don't blame you, it is not your responsibility. On the contrary, the market should have a voice like you, so that investors with hot heads can reflect on it. Thank you anyway.

FactCheck

48 posts

Posted by FactCheck > 2021-07-05 12:16 | Report Abuse

@jojo69 Your investment strategy is of course, your prerogative. Glad to see you taking ownership of it rather than relying on others. Time your exit, there are optimum times to sell even when exiting a position.

TheContrarian

9,279 posts

Posted by TheContrarian > 2021-07-05 13:02 | Report Abuse

Prolexus have manufacturing operations in China or not?

jojo69

61 posts

Posted by jojo69 > 2021-07-05 14:41 | Report Abuse

@FactCheck, By the way, you mentioned that Prolexus quickly launched the innovative Fabric Mask in the early stages of the epidemic. I approve of its performance in this regard. It is really not easy for them to change quickly, and the people who dominate this goal are indeed talent and very courageous. I have also been a management team and know that it is extremely challenging to promote a change, especially something completely unfamiliar, and I will definitely encounter many difficulties and obstacles. Prolexus boss definitely very courageous, dare to innovate and change, otherwise his team will be difficult to succeed.

But I noticed that Prolexus' mask products have not been improved or innovated for half a year.

They once advertised the launch of Personal Protective Apparel, strongly believe that these kind of products should be very marketable, especially the brand should like it very much, which is a very good selling point. But I haven't seen the release of related products until now. I was wondering why the initial change was so rapid and successful (this is also the main reason why I invested in Prolexus), why it seems that it have stand still in the past six months? Could it be that there was a problem with the main change team at the time? Success lies in the team, and failure also lies in the team. Especially the leading soul figure.

jojo69

61 posts

Posted by jojo69 > 2021-07-05 14:47 | Report Abuse

In this severe environment, companies must continue to reform, innovate and improve, otherwise they may be overwhelmed by a big wave accidentally.

If Prolexus's ability to react quickly and change is still the same, I still remain positive and optimistic about its future. I will continue to observe and track its performance.

Jason

259 posts

Posted by Jason > 2021-07-05 17:36 | Report Abuse

I just not understand why wb 0.24 (Excersize 0.56, ratio 1:1), still got retailer buy wb ... anyone can please me ya

YC88

82 posts

Posted by YC88 > 2021-07-05 18:09 | Report Abuse

Because mother share gonna fly soon

xcu843

1,054 posts

Posted by xcu843 > 2021-07-05 18:18 | Report Abuse

Yes mother share going to fly

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