Posted by SEPHIROTH168 > 2013-09-12 12:19 | Report Abuse

told ya bro :)

Posted by acg_80 > 2013-09-12 12:23 | Report Abuse

LOTS OF SELLERS COMING OUT, HOPEFULLY TOMM GOT MORE ACTION, BUT KLSE USUALLY TAKE AVG 5 MKT DAYS PRICE CLOSING, SO ITS GOING TO SPLIT AT POSS BELOW RM 2.00.

Posted by timl > 2013-09-12 12:24 | Report Abuse

resistance broken.. cheers :D

Posted by 120453 > 2013-09-12 13:07 | Report Abuse

After split, it will be annual result by end of the month. Hopefully, bonus issue or big dividend announcement n play to continue ...

Posted by acg_80 > 2013-09-12 13:16 | Report Abuse

yep i believe either div or bonus, they will distribute a little directly from the major shareholders, lets the klse announcements scare ppl for few days and then launch newsflow to the mkt, and the final push should come

Posted by SEPHIROTH168 > 2013-09-12 14:37 | Report Abuse

yup 120453, so no point selling it :) if results is good... gonna be another jump after splitting , then by tat time ur earnings will be double

Posted by SEPHIROTH168 > 2013-09-12 16:23 | Report Abuse

i sold some of mine... caz next week is very uncertain period due to FED meeting outcome... but i still holding some :) gonna buy back if it retrace

Posted by chatterbox > 2013-09-12 22:47 | Report Abuse

Bursa Announcement.......

Type Announcement
Subject OTHERS
Description PROLEXUS BERHAD (“Prolexus” or "the Company")
- Share Option under the Employees Share Option Scheme (“ESOS”)

The Board of Prolexus wishes to announce that the Company has implemented the ESOS with effect from 12 September 2013. Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has offered options to eligible employees and Directors under its ESOS (“Option”), the details of which are as follows:- No. Description
1. Date of offer of the Options : 12 September 2013
2. Exercise price of Options offered : RM1.64
3. Number of Options offered : 4,424,000
4. Market Price of Prolexus shares on the date of offer : RM1.93

5. Number of Options offered to the Directors of Prolexus :
Name Number of Options offered
(1) Ahmad Mustapha Ghazali 1,000,000
(2) Lau Mong Ying 1,000,000
(3) Willie Gan Wee Lee 200,000
(4) Lau Mong Fah 100,000
(5) Lin, Cheng-Lang 100,000
(6) Khadmudin Bin Mohamed Rafik 100,000
(7) Chin Chew Mun 100,000

6. Vesting period of Options offered :
Estimated Number of Options to be vested Estimated Scheduled Vesting Date
2,212,000 12 October 2013
Up to 1,769,600 12 September 2014
Up to 442,400 12 September 2015

Posted by simonfoo0123 > 2013-09-12 22:55 | Report Abuse

huat liao huat liao

Posted by Knavi > 2013-09-13 01:49 | Report Abuse

rm2 buy it still vry worth. last time 1.70 i bought n hold till nw bcz of waiting bonus issue or split. few days ago i add some 1.88. based on my calculation, rm2 buy still damn worth. after split, chance to double up is not a problem. lets see

Posted by 120453 > 2013-09-13 19:57 | Report Abuse

Ex at 0.97, not that bad. Hopefully it starts from 1.02 onwards next week n continue to trend up til the announcement of annual results by end of the month. Big news coming . . . Good luck to all. Btw, knavi, long time no news from you.

Posted by nangka > 2013-09-14 12:39 | Report Abuse

If i buy on 17th morning before 5pm, iI am still entitle for the split? Can someone clarify?

Posted by 120453 > 2013-09-14 13:46 | Report Abuse

Nope

Posted by OneAndOnly > 2013-09-15 18:04 | Report Abuse

Mind sharing whats the fair value for this stock ?

Posted by OneAndOnly > 2013-09-16 00:17 | Report Abuse

Similar like Q3's drop in profit, Q4 is expected to be hit due to implementation of minimum wages.

Posted by acg_80 > 2013-09-16 11:25 | Report Abuse

Thats true One and Only, did not think of that, good point, but the impact might be minimal as most factories are not implementing the full extent of min wages for their foreign workers, and they are driving their foreign workers for higher productivity. Labour cost has gone up by 20%, but how much of that cost component will show up in the final number is left to be seen. Their sales in usd being boosted with the ringgit devaluation and its mly manu cost being in ringgit, exporters usually benefit.

Posted by OneAndOnly > 2013-09-16 11:38 | Report Abuse

Well, the significant exposure to US seems to be the good side of it. But according to the website, this small 70mil market cap company has an extensive workforce of 3,000 employees . Not sure whats the impact gonna be like when they fully comply with the minimum wages.

Shall wait and see .....

Posted by 120453 > 2013-09-16 15:18 | Report Abuse

Minimum wage to be implemented wef 2014. Furthermore, earnings from china will grow strongly with the expansion n also strong Nike sales in china. All these have been factored in for 2014 earnings. Q4 plus annual results this month end will be fantastic plus US currency appreciation since 05/13. So it will be a fantastic results. Predicting good dividend plus bonus issues announcement...

Posted by 120453 > 2013-09-16 15:50 | Report Abuse

Pls do not ignore the contributions from china from 2013 onwards.

Posted by acg_80 > 2013-09-16 16:21 | Report Abuse

Yep that's what i am looking for as the catalyst to push it upwards, their china factory is rumoured to be supplying NIKE in a big way, and globally nike sales did grow.

One analyst mentioned that the china producers of Nike items are being informed that there might be a need to ramp up prod, that might be positive for their Nike OEM operations in China.

Posted by 120453 > 2013-09-16 16:43 | Report Abuse

It's 60% owned factory in china is 100% manufacturing Nike products, not romoured. In 2010 with 160 workers, 520 in 2011, 770 in 2012 n now it has bat 1000 workers. China started to make profit in 2012 n from 2013 onwards, profits contribution from china will be significant, as Nike sales in china n world grow very strongly. Nett profits for its china factory is estimated > rm5m.

Posted by 120453 > 2013-09-16 16:57 | Report Abuse

Sorry. It's (64% owned) china plant is mainly manufacturing Nike products.

Posted by acg_80 > 2013-09-17 02:56 | Report Abuse

Your right again 120453, interesting!!! Yes their main cust in China is Nike. You look at stocks in very similar way, i followed the trail of nike's last quarter results in the US.

Posted by nicole76 > 2013-09-17 17:09 | Report Abuse

looks like going downtrend after the stock split...

Posted by timl > 2013-09-17 18:23 | Report Abuse

lets see what the fed is saying later :)

Posted by Abudance > 2013-09-17 20:36 | Report Abuse

Nocole, are u planning to buy this counter, too? :). Pharma up till rm4.98. Near .. Yet far! Ha3

Posted by acg_80 > 2013-09-18 00:03 | Report Abuse

one day panic already....how to not give the investment boys eat your money, patience, after split mop shares of the punters and more like gamblers who just buy splits, bonus, rights hoping ffor a quick buck

Posted by Abudance > 2013-09-18 00:11 | Report Abuse

Can anyone have what is the fair value of this counter? Thanks

Posted by acg_80 > 2013-09-18 16:11 | Report Abuse

classic accumulation and stabization exercise....wait for it...signs are good hope there is a further play....this play started a year ago and major shareholders have already enhanced their mkt value of holdings but lets see.

Posted by timl > 2013-09-19 08:03 | Report Abuse

great.. fed refrain from tapering.. it should be flying today XD

Posted by 120453 > 2013-09-24 19:34 | Report Abuse

Now coming. Annual result will be out by this week. Wait for BIG announcement. Good luck to all

Posted by timl > 2013-09-25 09:25 | Report Abuse

wow.. what happened today?

Posted by Jasonkk Liew > 2013-09-25 09:32 | Report Abuse

it must have something happpen

Posted by tjhldg > 2013-09-25 09:37 | Report Abuse

wow !

Posted by acg_80 > 2013-09-25 12:06 | Report Abuse

ha ha. what happen was over two days sold 500 lots of prlexus and they picked it up happily, and right after they push, bastards!!!! nevermind went back in!!! will get them back, neway it is walking up the band,broke bollinger today, looks like there is a play, but the ppl behind is very carefull with their distribution and accumulation.

Posted by timl > 2013-09-25 15:15 | Report Abuse

the volume also much higher today.. almost 10 times more than average.. what happened?

Posted by skthew > 2013-09-25 23:27 | Report Abuse

Quarterly result to be released this week. Indication of good earning report. :)

Posted by garygee77 > 2013-09-26 09:36 | Report Abuse

Oop...is seems today slowing down

Posted by 120453 > 2013-09-26 21:22 | Report Abuse

Unaudited annual profits announced. BIG profits, EPS 41.56 cents. Once audited, expecting bonus issues n big dividend. Goooooood! To buy some more.

Posted by 120453 > 2013-09-26 21:23 | Report Abuse

EPS at 41.56 cents, better than lots of the p/listed company.

Posted by kinz > 2013-09-26 21:30 | Report Abuse

hey , 41.56cents u need to divide 2 , coz it still not adjust after share split 1 become 2

Posted by Chong Kan Yik > 2013-09-26 21:41 | Report Abuse

yup, need to be split 2, so eps 0.2078 with the PE 5.1, got dividend company, worth to keep? one of my main portfolio stock ^^

Posted by 120453 > 2013-09-26 22:02 | Report Abuse

Yup! It will continue to climb upwards. Expecting announcement in oct or nov'13.

Posted by 120453 > 2013-09-26 22:10 | Report Abuse

What a superb company. Last year pbt rm10m n this year pbt at rm19m. Just superb!

Posted by chieng8182 > 2013-09-26 22:10 | Report Abuse

prlexus does not distribute dividend since 2008.

Posted by 120453 > 2013-09-26 22:12 | Report Abuse

Nope. It paid 3 cents in 01/13

Posted by 120453 > 2013-09-26 22:13 | Report Abuse

It's time for prolexus to go back to its glory days share price of rm6+?

Posted by sense maker > 2013-09-26 22:17 | Report Abuse

Prlexus is a turnaround story which began 2 years ago. I bought at 93sen in early March 13 and sold all at 1.93 in early June 13. I was lucky to get almost perfect timing.

The only issue with Prlexus is that its dividend is very low. That is why I sold it off. It is still very dependent on Nike and lets see how they evolve.

Posted by Knavi > 2013-09-26 22:24 | Report Abuse

hold till 1 day the profit no more increase. for sure next year profit will hard to increase, cz coming quarter profit will boost due to currency rates. mostly it will like padini, i think another round rm2 after that will slow down like padini price movement. hmm...let see...

sense maker, ya the div last year distribute is low, but wat if this year thy announce 3cent again? if u hold b4 split mean u get 3+3=6cent, 6% DY. not bad already. but i wait for 5cent div this year. if really 5cent mean i gt 10cent hahaha...

Posted by kinz > 2013-09-26 22:29 | Report Abuse

they need money to purchase land or building thing , don think will give good dividen .

Cannot compare Padini with this company , this is manufacturing , not retail sales .