Posted by Toto2009 > 2017-07-03 16:13 | Report Abuse

In the long run Prlexus still a piece of gem waiting to outshine

Posted by Apollo Ang > 2017-07-03 16:13 | Report Abuse

at leaset I say chun chun down 10cts,what u predicted? today up?

Posted by Dolly_Chai2 > 2017-07-03 16:14 | Report Abuse

Apollo.. pls point to us which info in the jobstreet post Skliew showed was wrong? It is obvious it is a job vacancy advertisement posted by Prlexus... which part of it was wrong? pls enlighten and educate us... thanks

Posted by Dolly_Chai2 > 2017-07-03 16:15 | Report Abuse

haha.. clap clap for Apollo for his chun chun prediction...
i am not bomoh, not God... i dont have a crystal ball in front of me to tell me how to predict short term...

i just know long term value based on FA analysis...

Posted by Apollo Ang > 2017-07-03 16:17 | Report Abuse

all say long run, people predict is today nobody don't know what's going to happen long run.i say today prolexus down already down.already warned u people from losing

Posted by Apollo Ang > 2017-07-03 16:18 | Report Abuse

long term everyone also know,just like buying 4d every meenting buy sure 1 day can strike....hahaha

Posted by AKUMAUKAYA > 2017-07-03 16:46 | Report Abuse

Dolly oh Dolly....gua setuju dengan mu..".i just know long term value based on FA analysis..."

Apollo flies kites...... wau wau wau wau.. ....

Posted by Apollo Ang > 2017-07-03 16:55 | Report Abuse

nvm I go fly on other counters 1st, prolexus next time only I see.let u all self denial people hold,while I make from other counters 1st

Posted by AKUMAUKAYA > 2017-07-03 16:59 | Report Abuse

Good Luck to you .... baca buku ya ...

Posted by Apollo Ang > 2017-07-03 17:02 | Report Abuse

no need baca, already know.....haha

Posted by digidigi > 2017-07-03 17:30 | Report Abuse

In long run, we all die, we look at short to medium

Posted by Chan SauWei > 2017-07-03 18:11 | Report Abuse

Foresee next QR also drop if compare yoy.... suggest buy after next QR released...if u have enough or extra bullet just go ahead..

There are alot plenty good counter at this moment...

Posted by Apollo Ang > 2017-07-03 18:14 | Report Abuse

I agree wif chansauwei, if no good,can see others, so many counters in bursa

Posted by Tai KT > 2017-07-03 18:36 | Report Abuse

if break 1.36, then it is critical. This is the nta value.

Posted by Investingold > 2017-07-03 20:11 | Report Abuse

AmInvestment Research downgrades Prolexus to Hold
KUALA LUMPUR: AmInvestment Research has downgraded garment maker Prolexus to "Hold" with a lower fair value of RM1.36 a share from RM1.61 after its weaker earnings and lower price-to-earnings (PE) valuations.
http://www.thestar.com.my/business/business-news/2017/07/03/aminvestment-research-downgrades-prolexus-to-hold/#7oCwxeGS1jo4p9D2.99

The stock price may drop to RM 1.22. (1.36*0.9 = 1.22)

Posted by nikicheong > 2017-07-03 20:33 | Report Abuse

NTA is NOT 1.36. Prolexus is bluffing as they use weighted average shares and also they include NCI, which is wrong. My actual computation of NTA is at RM1.24 using 172mil issued shares and discounting the NCI from owners equity.

Anyways, this is the research report from Aminvest.

https://www.amesecurities.com.my/gc/download/Prolexus%20170703.pdf

Posted by nikicheong > 2017-07-03 20:34 | Report Abuse

Considering the negative sentiment I might wait for this to go below RM1.28 before I buy. No hurry here.

Posted by Apollo Ang > 2017-07-03 21:20 | Report Abuse

Apolloresearch price range for this stock in the next 3 months before 4th quarter result 1.30-1.50

Posted by Skliew > 2017-07-03 21:27 | Report Abuse

Today transacted volume: 2,637,300
Price range: 1.38-1.43; average price: 1.407

Opening price: 1.41, with a volume of 151,500 shares...gap down 14sen from previous close of 1.55...

Seems the opening price with a mere volume of 151,500 shares already determined the transacted price range for the whole day with bearish sentiments on the stock...lol!

Posted by Skliew > 2017-07-03 21:32 | Report Abuse

Prolexus advertised for Marketing General Manager and set " Target to grow the business from US100 million to USD300 million.. AMInvestment research report FY19 forecast revenue only RM464 million....LOL!

Posted by Tai KT > 2017-07-03 21:37 | Report Abuse

Volume not high mah. Even sum up 30days of trade, less the 10% of the total share. If really below 1.3, is a good price.

Posted by Money > 2017-07-03 21:50 | Report Abuse

Better tomoro another 10cts drop.
Drop kao kao.

Posted by Skliew > 2017-07-03 22:05 | Report Abuse

If not mistaken, Both Manual Life and EPF declared holding more than 5% shares some time in April this year.

Guess what are their average costs..?

Most likely is above 1.36... my guess...:)

Posted by ming > 2017-07-03 22:13 | Report Abuse

Got epf die together.. no worry

Posted by Skliew > 2017-07-03 22:23 | Report Abuse

EPF can take over the whole company la... Sup Sup Sui la...LOL!!

Posted by tecpower > 2017-07-03 23:31 | Report Abuse

Apollo Ang is an infamous troll. He is everywhere. Check his posts!

Posted by shareinvestor88 > 2017-07-03 23:52 | Report Abuse

Sell target 80c. Profit down.

Posted by Apollo Ang > 2017-07-03 23:54 | Report Abuse

cannot down so much lah

Posted by uptrending > 2017-07-03 23:58 | Report Abuse

http://guoxingdeblog.blogspot.my/2014/12/prolexus-agmegm.html

by 2020
Billion Dollar Club ! ? LOL !

Posted by Skliew > 2017-07-04 00:36 | Report Abuse

Wah Lao Eh! By 2020, Prolexus will become a Billion Dollar Co ah? Wao! Meaning total number of shares after full conversion of warrants now is around 236 million, Share price by then would be at least RM4.20!

Posted by nikicheong > 2017-07-04 09:54 | Report Abuse

Come ob lah, don't be so deft. RM1bil or USD300mil...these are just company targets to boost their employee morale and for management to aim for. As investors we should not pay any more attention than in passing to these targets. You are supposed to cover your self but taking care of margin of safety, not aim for the stars and fall into the deepest depths of the ocean.

Posted by Tai KT > 2017-07-04 10:12 | Report Abuse

after I study his report and history, I think the weak result was short term. Coming qr should be recover and back to normal review and profit.

Posted by Apollo Ang > 2017-07-04 10:17 | Report Abuse

got 1st support at 1.38 now

Posted by Toto2009 > 2017-07-04 10:18 | Report Abuse

Yes, this Q weak result is due to high taxation due. Next Q will be good which they can announce earliest by Aug if result good or hold till End Oct if result bad... lol

Posted by Dolly_Chai2 > 2017-07-04 10:28 | Report Abuse

niki.. i partially agree with what you said... target set vs target achieved are 2 different things..
but ask urself, if a company is very conservative and does not even dare to set a target, will it have a good expansion plan to grow?

Remember Gtronic? A few years back, ColdEye pointed out to investors that he read this in their annual report that the company is targeting to hit xxx revenue in a certain period (i forgot how much)... in the end, the company really strived hard and finally met that target... the share price went up a few folds...

We all like companies with vision and ambition to grow.. or course, the cost of expansion cannot exceed the value it gets from the expansion, else, it is value-destruction... based on what we see so far, Prlexus is creating more value than the cost of expansion (CAPEX) so they are in good shape...

Posted by CKCS > 2017-07-04 10:35 |

Post removed.Why?

Posted by CKCS > 2017-07-04 10:39 |

Post removed.Why?

Posted by Tai KT > 2017-07-04 10:45 | Report Abuse

for mid to long term, this is a good company lah.
a long the two yrs performance thru his report.
I am confident next qr will back to 3c profit easily.
weak is only short term.
i think it is similar to Oldtown.
stay alert the price and prepare to top up for myself.
trade at you own risk.

Posted by Dolly_Chai2 > 2017-07-04 10:53 |

Post removed.Why?

Posted by Dolly_Chai2 > 2017-07-04 10:54 | Report Abuse

Tai KT... just ignore this loser + manipulator CKCS.. he has been badly whacked by investors in Evergreen forum so he is now shifting his focus here anew, trying to continue his clown-show here...

Posted by isupertrader > 2017-07-04 11:11 | Report Abuse

Don't worry so much, have been watching the company and putting my money into it. This is a good solid fundamental company. Just hold out the storm. Holding power is everything. If got money, just buy to average out.

Posted by CKCS > 2017-07-04 11:20 | Report Abuse

Both also profit halved

Evergreen qtr profit -48.89% y-o-y
Prlexus qtr profit -46.06% y-o-y

Best and clear signal to run!

Look at what happened to Evergreen! Booo chooww

Posted by CKCS > 2017-07-04 11:21 | Report Abuse

This qtr just reported RM 1.589m profit. If next qtr reporting losses. Kiss it goodbye already

Posted by Dolly_Chai2 > 2017-07-04 12:53 |

Post removed.Why?

Posted by Dolly_Chai2 > 2017-07-04 12:54 |

Post removed.Why?

Posted by Toto2009 > 2017-07-04 13:03 | Report Abuse

Why this CKCS compared Prlexus with Evergreen? Any rationale?

Posted by Dolly_Chai2 > 2017-07-04 13:11 |

Post removed.Why?

Posted by Dolly_Chai2 > 2017-07-04 13:19 | Report Abuse

We have previously discussed why Prlexus and Magni are not easily replaceable as contract manufacturer for well-known brands like Nike, Under Armour, etc...

The reason is, top company like Nike is very stringent in qualifying their suppliers in terms of quality & reject rate. They are performing regular on-site audits at suppliers' facilities to ensure their manufacturing processes are meeting the requirements.

as stated in this article:
http://guoxingdeblog.blogspot.my/2014/12/prolexus-agmegm.html

顾客所设损坏率为3%，公司内部定于0%，实质损坏率为0.5%，拥有舒适空间。
(Customer's requirement for defect rate = 3%, Prlexus internal target = 0%; actual defect rate = 0.5%. Plenty of margin of safety.

So you can see how well Prlexus control their production outputs...
Look at how they have been growing over the past 5 years if you still have doubt on this company...

do your own set of EBIT/EV, ROIC, ROE, FCF, CY calculations to understand how strong fundamentally is the company.... calculations and valuations will tell you...

Posted by Toto2009 > 2017-07-04 13:43 | Report Abuse

Thanks for Dolly chai 2 sharings and fully agreed that Prlexus still fundamentally strong, just hold longer term 6-12 months from now and will enjoy the low hanging fruits later

Posted by tonynet > 2017-07-04 13:45 | Report Abuse

next q would be a much better based on inventory but i think yoy would not be better than last year