Posted by Jason > 2021-07-26 12:19 | Report Abuse

Prlexus shall rebound next month...

Posted by charlie chia > 2021-07-26 12:49 | Report Abuse

Time to collect now

Posted by cookielookz > 2021-07-26 13:22 | Report Abuse

Well if we all read the quarterly report, they mention the following quarter will be challenging still to deliver. I'm still holding on, had sleepless nights thinking how much the share price would plunge.. but tbh everybody wants their stock to do well. I'm sure the management is thinking hard how to turn this around. If you still believe in the business and the management then hold on to it, if you don't you can always liquidate and pick a new business to invest in.

Posted by karadis > 2021-07-26 13:28 | Report Abuse

@alvin1188
joker.....
low-class ignorance.....
always talk nonsense.....
the liar @alvin1188.....

"I trust fact... so that is why I wrote/emailed to Prlexus management to ask if Nike/ASICS are still their customers... they answered YES..."

Your parents never thought you to be honest?

Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....

Posted by karadis > 2021-07-26 13:29 | Report Abuse

You keep coming out and talking nonsense! I'll keep coming out and spray you...........

Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....
Spit at you.....

Posted by karadis > 2021-07-26 14:02 | Report Abuse

I gave face jojo69 actually, and try to keep a low profile. I also considered not posting some news that is not conducive to Prolexus even it's right.

But seeing you, a shameless and treacherous villain, continues to jump out and give people the wrong information. I am very upset! I just want to spray you! If you continue to talk nonsense, I will continue to dig deeper news and share it in here and also other forums.

Why you were stubborn and didn't know how to speak well. Everyone has different opinions and opinions, which is normal. Talk well and respect each other, this is a virtue Since you are so cheap, then I will now return to you what you have said.


like what you said before:
"i just want to tell everyone that this alvin1188 is a very fake and hypocritical guy...

Very fake and hypocritical guy... his intention is very mean and cheap -> try to ask ppl to buy higher so he can sell at higher price... puiii!!!

wah... i am really slapping the liar alvin1188 hard on both sides of his face.... @alvin1188, pls go back to hide in the cave..."

Posted by karadis > 2021-07-26 14:28 | Report Abuse

Why is Magni's Revenue, which is also a garment factory, still stable and rising despite the severe epidemic, while Prolexus has fallen into the abyss of hell? That's because his core customers have abandoned him.

alvin1188, didn't you say that once wrote/emailed to Prlexus management to ask if Nike/ASICS are still their customers... they answered YES...

Then do you want to write another letter to ask them again?

@alvin1188
joker.....
low-class ignorance.....
always talk nonsense.....
the liar @alvin1188.....

pls go back to hide in the cave...

then I will follow the suggestion of jojo, forgive you......

Posted by cookielookz > 2021-07-26 16:28 | Report Abuse

@karadis, can we just write in to prlexus management to ask them about their core customers and if they still dealing with them? (e.g. nike,asics, underarmour) because now I really have no clue how and where (local or overseas) are they getting their sales from. (e.g. facemask by percentage, garment by percentage etc.)

Posted by learnbyheart > 2021-07-26 17:13 | Report Abuse

non-holder now speak louder than the shareholder

Posted by Vaccineyes > 2021-07-26 17:26 | Report Abuse

Lets enjoy Olympics

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

I don’t understand why so critical here.. people keep denying other people, just because his guess is correct.. and proud of his analysis...

I know Prlexus can hit 0.4 then 0.35... come on all is about guess... operator who looking at this forum is happy taking their money n enjoy the show....

In share market, no sell no loss, no sell no gain ..all is just our brain thinking we paper loss or paper win a lot.... pls be gentle

Posted by risktoreward > 2021-07-26 21:29 | Report Abuse

Actually you guys are in good company. There's a very good player holding Prolexus also, and he clearly sees something other people don't usually see. But if you're in pure FA or something to that shit, exit it for a good night's sleep.

Posted by FactCheck > 2021-07-26 21:43 | Report Abuse

Let's be a little more positive and talk about trading strategy rather than he said she said...

@risktoreward - you got out at 0.55 to see how things would go right? Any plans on re-entering?

Just to add my bit - I'm probably transitioning my position to warrants in prep to hold longer term - don't think the uptick will come so soon - but confident in a long term turnaround.

Posted by risktoreward > 2021-07-26 22:03 | Report Abuse

There is a gap formation to 0.55. How long it takes to fill that gap I don't know, but most likely than not that gap will be filled / surpassed eventually. A very uniquely Malaysian stock characteristic.

US stocks gaps everywhere, not necessarily get filled.

Posted by karadis > 2021-07-26 22:50 | Report Abuse

Everyone must be psychologically prepared that it may enter a long period of bottoming and adjustment, which may be three months, or it may take half a year. This is already a relatively good situation.

I believe that the management of Prolexus will adjust in time and make improvements. Hope there will be good news within two quarters.

Posted by karadis > 2021-07-26 22:51 | Report Abuse

@cookielookz, Write to Prolexus management to ask them about their core customers and if they still dealing with them? (eg nike,asics, underarmour) and where (local or overseas) are they getting their sales from. (eg facemask by percentage, garment by percentage etc.)

Believe they can't tell us the real situation. You can expect AGM to ask questions on the spot only.

Posted by alvin1188 > 2021-07-27 10:22 | Report Abuse

hahaha.... guys, let me tell you a joke..

A kindergarten level joker @Karadis who does not even understand the meaning of "DEALINGS OUTSIDE CLOSED PERIOD" and simply define his own meaning for this term, yet he is calling himself a "great but low-profile" master..

hahahahahahahaha....

come on la... if you dont even understand the terms, at least do some homework and google for it...

if someone who is so lazy to even google for the meaning, can you trust his so-called analysis?

hahahahahahahahah..... what a joker....

Posted by alvin1188 > 2021-07-27 10:23 | Report Abuse

My stance is firm, during pandemic and seasonally low quarter (Q3 is always Prolexus's low quarter), how can you judge a company based on a single quarter?

Posted by alvin1188 > 2021-07-27 10:34 | Report Abuse

@Sujibaby, I saw your analysis that you shared. I think most of the facts you put in the your analysis is good and solid.
But there is one point i have to highlight.

Magnitech mainly do woven fabric apparel while Prolexus do knitted fabric apparel.
See the difference here (see, i give facts, unlike joker Karadis said he heard rumours)
https://revolutionfabrics.com/blogs/gotcha-covered/when-to-choose-a-woven-fabric-over-a-knit-fabric#:~:text=The%20main%20difference%20between%20knit,a%20single%20yarn%20or%20thread.

So you cant compare apple with orange. both apparel products have different markets so it is not fair to compare their sales with Magnitech directly.

Of course I do think Prolexus management can improve on their sales strategy too, so I will write to their management to get some more insights

Posted by TheContrarian > 2021-07-27 11:03 | Report Abuse

Bought at 50.5 sen.

Posted by ShareBurger > 2021-07-27 11:32 | Report Abuse

@alvin: Wahlau...you think people care woven or knit crap.. Revenue go down ma!
Niamah..you tell people they dun lose customer..but suddenly profit drop like birdshit..
Lapsap company this..

Posted by ShareBurger > 2021-07-27 12:15 | Report Abuse

Dun know what work the director do.. If I am boss, I confirm kasi sack liao..
People do business for make money..not lose money..

Posted by stockfreak > 2021-07-27 12:17 | Report Abuse

Revenue can't lie. But Serba is an exception although not yet proven.

Posted by sujibaby > 2021-07-27 12:45 | Report Abuse

@alvin1188, Thank you for your thoughts regarding my analysis.
However, I disagree on your rebuttal for revenue drop through type of fabric involved.
Based on my readings, Prolexus has over 25 years of experience in knitwear business and their customer connection should be as good its counterparts.
Let us not blame the ups and downs of the industry with regards to poor survival decisions.

What intrigues me the most is, how did Prolexus went ahead during the pandemic with its new products that resulted in extraordinary profits but failed to maintained it.
What happened in between that period of time? Who was there back then? Why the spark of brilliance died off?
Why the fall came to quick?

Thats why i always say that Prolexus failed to make hay while the sun was shining back then.

Posted by ShareBurger > 2021-07-27 13:02 | Report Abuse

@sujibaby: This very interesting wo.. we know the director now all cannot use one. Director never change what... So who take charge there?
If I boss, I kasi hantam the directors now.

Posted by karadis > 2021-07-27 13:11 | Report Abuse

@alvin1188 Child, you should really study hard. In fact, I found one of your strengths, you are best in reverse the right and wrong.

First, you send a link to tell everyone what Knit fabric and woven fabric are, and then you say that we should compare apple with orange. Both apparel products have different markets so it is not fair to compare their sales with Magnitech directly.

In fact, do you know? Knited Apparel's market share is at least double or triple up that of Woven's market share! Mean that Prolexus should be perform well compare to Magnitech. Go and check the information! You like an idoit, and asking people do you know the difference between boys and girls? The kids now maybe it's not necessarily know lesser than you.

Posted by karadis > 2021-07-27 13:14 | Report Abuse

Fable Stories for fun.

There are two fruit shops in Batu Pahat, one sells apples (Magnitech fruit store) only, and the other sells orange (alvin1188 fruit store) only. During the epidemic, everyone knows the importance of vitamin C supplements, so that they are all rushing to buy fruits.

Vitamin C of orange is higher than apple obviously, and more people should buy orange compare to apple. Mean that sales & revenue of orange (alvin1188 fruit store) should be better than apples (Magnitech fruit store) due to the market demand.

But the strange thing is that the quarterly report shows that the revenue of alvin1188 fruit store (Orange) has fallen sharply for three consecutive quarters, but Magnitech fruit store (Apple) Revenue has grown significantly against the trend. This totally subverts the perceptions and expectations of shareholders.

Facing the doubts of shareholders, alvin1188 had to hold a press conference to explain why the sales performance of Magnitech fruit store continues to set new highs despite the severe situation of the epidemic, while alvin1188 fruit store is getting worse and even creating, negative income, and serious loss. Although both of them also selling fruits.

In the press conference, alvin1188 asked the reporters back, do you know the difference between apples and orange?

Although they are both fruits!
Although orange's vitamin C is obviously higher than apples!
Although orange's market demand is greater than apples!

But they are not the same fruit, so you can’t compare that way.

It’s definitely not my fault that my fruit shop doesn’t make money.
It’s definitely not my core management team’s ability problem and fault.
It’s definitely not my change and improve ability problem.
And it’s definitely not my client who abandoned me.

In short, the summary is:
I am absolutely not wrong! If there is a mistake, it must be your fault! If there is still a mistake, it must be market's fault!

Really laughed at me.........hahahahahahaha

like @jojo69 said:
@alvin1188, If you are wrong, you must admit it! Prolexus's revenue has indeed fallen badly, not just a little bit.

Stop keep talking nonsense, and mislead everyone.

Posted by karadis > 2021-07-27 13:21 | Report Abuse

@sujibaby, About your doubts:
# What intrigues me the most is, how did Prolexus went ahead during the pandemic with its new products that resulted in extraordinary profits but failed to maintained it.

What happened in between that period of time? Who was there back then? Why the spark of brilliance died off? Why the fall came to quick?#


It is necessary to think deeply about your doubts. Maybe alvin1188 can help you, because he seems like the spokesperson.

Doesn't matter, as long as their Top Management level is not like alvin 1188, then I think there is still some hope.

Posted by ShareBurger > 2021-07-27 15:05 | Report Abuse

heavy throw at 0.495...diu!

Posted by Jason > 2021-07-27 15:23 | Report Abuse

Sold all Prlexus 0.495, loss RM10k.. Loss confident with Prlexus

Posted by ShareBurger > 2021-07-27 15:42 | Report Abuse

@jason: Its ok bro, move on. Many go listen to @alvin join this train. Now all go south.
He said he got call Prolexus ask got customer or not..QR come out like sh*t.

Posted by jojo69 > 2021-07-27 16:04 | Report Abuse

A break below 0.5 is a very dangerous signal. We can see that the main force has been ensuring that it does not fall below 0.5. Now it can’t be held, which means that it will continue to fall to a reasonable price. It may be 0.4, or even 0.3. Once we confirm that we are in the wrong position and direction, we must acknowledge the error in time, and make a stop loss and correct it. Then we will not drop deeper and deeper.

Posted by jojo69 > 2021-07-27 16:20 | Report Abuse

It is definitely not easy for a company to turn losses into profits. Because a company wants to turn a loss into a profit, it must be supported by many elements. For example: a. Market Demand; b. Excellent products; c. Successful team

But it is so easy for a company become poor performance, even loss. Because there is a problem with one of the following three items, it is over. a. Market Demand; b. Excellent products; c. Successful team

Therefore, I agree that Prolexus may take at least 1 to 2 quarters to reverse the trend. After all, it has fallen for three consecutive quarters. The problem does not exist in a day.

Posted by jojo69 > 2021-07-27 16:22 | Report Abuse

@alvin really misled everyone. You even said again that you will write to their management to get some more insights. Are you naive or do you really treat everyone as children?

Posted by Bgt 9963 > 2021-07-27 17:43 |

Post removed.Why?

Posted by myway > 2021-07-28 09:09 | Report Abuse

WHO urges fully vaccinated people to continue to wear masks as delta Covid variant spreads
https://www.cnbc.com/2021/06/25/delta-who-urges-fully-vaccinated-people-to-continue-to-wear-masks-as-variant-spreads.html

Posted by karadis > 2021-07-28 15:27 | Report Abuse

Does the core management of Prolexus know that their performance is not good? Confirmed they know! So why did they adopt the Bonus Issue strategy before QR is released?

Think about how @alvin1188 encouraged everyone to increase purchases when Prolexus announced the implementation of BI, and think about everyone's reactions and actions at that period. And the stock price action.

Everyone please looking at the QR - Investment Holding's profit in this quarter is RM 5,395,000. Where did this come from? Hmm....their BI strategy is............

Posted by ShareBurger > 2021-07-29 09:15 | Report Abuse

Director no vision. No plan one.. no direction sia..
If i boss, i piss them ready..

Posted by ShareBurger > 2021-07-29 09:18 | Report Abuse

@karadis, that CFO noob strategy, goreng price.
Now price drop until no eye see liao.

Posted by alvin1188 > 2021-07-29 09:58 | Report Abuse

@cookielookz, please scroll up and see my earlier comment. I emailed their management and asked if they lost key customers like Nike and ASICS (as joker / scammer Karadis said he heard "rumours" they lost these main customers...hahahahahahahaha.... rumours...)...
then reply I got from the management is, these customers are still with them. Maybe because of the lower sales from NIKE / ASICS on knitted fabric product (which Prolexus mainly produces), we see that Prolexus recorded lower sales too.

But it is a joke that this joker Karadis simply sabotage them saying they lost these customers without having a proof...

in fact, it is quite obvious that he spent so much time here because he wanted to see the share price drop so he can jump in to collect them cheap...

else, why spend so much time here to "save" ppl??? hahaha... is he a SAINT?? so kind??? haahhahaha

guys, judge by yourself why Karadis is here...

Posted by alvin1188 > 2021-07-29 10:02 | Report Abuse

@jojo69, are you naive? Tell me how we can get more info if we dont check with their management? Unless you are the board of directors or key management team members of the company, else how can we shareholders know more info without checking with them?

Posted by alvin1188 > 2021-07-29 10:04 | Report Abuse

@Shareburger, dont talk nonsense... losing the customer versus selling less to the customers are 2 different things.. okay? What I pointed out is, Karadis sabotaged saying they totally lost the customers.. but the management indicated lower sales but that that does not mean lost the customers.. when did I mislead ppl? I gave all the correct info, okay?

Posted by alvin1188 > 2021-07-29 10:11 | Report Abuse

@sujibaby, you are a more sensible person. I agree with you that there is still room for Prolexus management to do better. What I pointed out mainly is, if you compare Magnitech directly with Prolexus, they sell different types of apparels and if knitted fabric products dont sell good in the market, their sales will not be good too. So we cant just compare apple to orange.

Posted by alvin1188 > 2021-07-29 10:14 | Report Abuse

@sujibaby, even if Prolexus has firm connection of their main customers, if their main customer's sales on knitted products dont sell good, will Prolexus benefit from this?

Posted by fikri018 > 2021-07-29 12:04 | Report Abuse

bullish engulfing?

Posted by karadis > 2021-07-29 12:20 | Report Abuse

Prolexus (8966) Revenue Continues Decline Severely vs NIKE & Asics' Performance Grow Continues

https://klse.i3investor.com/blogs/karadis/565731.jsp

Why does Prolexus's performance continue to decline severely? But the performance of its core customers like NIKE & Asics continues to grow?

----------------------------------------------------------------------------------------------------

Here is Prolexus management's email reply post by @alvin1188

Dear Shareholder,

It was disclosed in our annual report that we expect sales orders to downscale due to the pandemic but it does not mean that they are no longer our buyer. Even though with a reduced volume, we are still obligated to undergo audit and due diligence assessment.

----------------------------------------------------------------------------------------------------

Believe what others say! You are not naive??

Yes! You are not naive!! You are the spokesperson of Prolexus at all. It is so obvious from your reply today!


Dear sinkalan/joker alvin1188, please show us the proof :
NIKE is not gone!
Asics is not gone!
Under Armour is not gone soon!

Posted by karadis > 2021-07-29 12:23 | Report Abuse

@fikri018, The old trick! Within a few days of rising, then it will continue to fall severely. At this time, if you don't run away, greedy, and finally you get stuck and lose money!

Posted by karadis > 2021-07-29 12:27 | Report Abuse

Why said that @alvin1188 is the spokesperson of Prolexus. If you look carefully, once @alvin1188 comes out to speak, there will be a sum of money coming in to raise up Prolexus's stock. Then he disappeared again, and the stock price continued to fall.

I seriously suspect that @alvin1188 is actually an insider of Prolexus.

the QR - Investment Holding's profit in this quarter is RM 5,395,000. Where did this come from? Hmm....their BI strategy is............

Posted by Jason > 2021-07-29 12:37 | Report Abuse

You can see fake Sell Q at 0.5 .. fake buy Q at 0.495.... hope operator win

Posted by FactCheck > 2021-07-29 12:42 | Report Abuse

@Karadis. The QR you're referring to is for financial period ending 30th April 2021.

Bonus issues were proposed on 24th May, only approved and announced on 8th June, and released in the market 24th June.

How are you linking those two things together? Or were you referring to the next QR that is not even out yet? You truly have very interesting insight.