Posted by Skliew > 2017-09-13 16:38 | Report Abuse

Ok tq

Posted by Skliew > 2017-09-13 16:51 | Report Abuse

Amundi today no more selling...
Sporadic sellers...hehe

Posted by AKUMAUKAYA > 2017-09-13 17:09 | Report Abuse

Thanks for sharing, 又上了一堂课，谢谢大家！

Posted by Skliew > 2017-09-13 17:43 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=999614

8.9.17

EPF BOARD bought 300,000 shares
AMUNDI for EPF sold 330,400 shares

Posted by Skliew > 2017-09-13 17:45 | Report Abuse

Date .......... Volume Done... Amundi sold....Estimate Bal...
7th ............. 980,000 ............763,800............786,000
8th ..............412,000 ............330,400 ...........455,000
11th.............146,000
12th ............578,900

Posted by nikicheong > 2017-09-13 18:17 | Report Abuse

Can confirm Amundi sold on the 12th as well. Let's party man!!!

Posted by Skliew > 2017-09-13 19:39 | Report Abuse

Haha! Amundi managed for EPF ....sold 330,400 out of 412,000 transacted on the same day, EPF Board bought 300,000... meant EPF Board bought from Amundi from the market....lol

Posted by R40s > 2017-09-14 07:33 | Report Abuse

Literally, it's like EPF Left-hand key in selling orders while Right-hand key in buying orders...

Overall, EPF bought 2 over millions Prolexus shares than few months ago...

Posted by R40s > 2017-09-14 07:37 | Report Abuse

If Prolexus has poor earning potential and bleak future as some people commented, why would EPF keep increasing their Prolexus shareholding?

Posted by R40s > 2017-09-14 07:49 | Report Abuse

Quote Mr. Harryt30 : ”爆发股是等出来的，不是一买就爆发的“。
有时候为了等待一家优质股爆发，等待的时间有可能是1 - 2年..."

Posted by pOdIuM > 2017-09-14 08:01 | Report Abuse

betul! bagus!

Posted by Infinite > 2017-09-14 08:21 | Report Abuse

Fundamental and future is king, seasonal result and syariah compliance matter is an opportunity, in big picture, market is there, sport wear is a trend, sport become healthier lifestyle image.

Posted by Skliew > 2017-09-14 09:39 | Report Abuse

Dumb dumb buy....
Dumb dumb hold...1, 2, 3, 5......years!
Dumb dumb make money...

Do not need to be too smart....
Just need to be dumb dumb...
Hahaha!

Posted by Skliew > 2017-09-14 09:44 | Report Abuse

制造业 增加产能
蓄势待发
一发就不可收拾
一飞冲天

爆发只是时间而已

:)

Posted by laidaluada > 2017-09-14 13:49 | Report Abuse

so many fart sound here still a loser stock bruhaha

Posted by nikicheong > 2017-09-14 14:01 | Report Abuse

We can consider it a victory if can hit 1.17 today and close at least at 1.16

Posted by Skliew > 2017-09-14 17:41 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=999900

11.9.17

AMUNDI for EPF disposed 65,000


Date .......... Volume Done... Amundi sold....Estimate Bal...
7th ............. 980,000 ............763,800............786,000
8th ..............412,000 ............330,400 ...........455,000
11th.............146,000 ..............65,000.............390,000
12th ............578,900

Let's see tomorrow's announcement....

EPF Board has to patiently buy back ..... hehe

We just patiently dumb dumb buy and dumb dumb hold!

Yeh !!! :)

Posted by Chan SauWei > 2017-09-14 17:52 | Report Abuse

Now All hot money going to steel stock..... They don't want stuck their money over here...
Once steel cold down, then they will looking for other potential stock....

Posted by Skliew > 2017-09-14 18:37 | Report Abuse

Nvm ma....
People will flock here once they realise that this is a goldmine....
Some will prefer to dig first before the gold rush here... hehehehe.....

Posted by nikicheong > 2017-09-14 22:58 | Report Abuse

Hot money...haha. Not going there.

Posted by red_85 > 2017-09-14 23:11 | Report Abuse

EPF clear their share nonstop...avoid first...still plenty of time to buy at lower price..

Posted by nikicheong > 2017-09-15 00:15 | Report Abuse

Epf already cleared.

Btw magni results out. http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=197711&name=EA_FR_ATTACHMENTS

Strip out FX and PBT is almost the same YoY.

Posted by Skliew > 2017-09-15 09:11 | Report Abuse

EPF Board buying non stop...hahaha
EPF appointed fund manager, Amundi, holding 3.3M shares , possibly a Syariah Fund, already sold out la.....

Aiyoyo!! :(

Posted by FairyTail > 2017-09-15 09:22 | Report Abuse

Magni drop a lot, repeated nightmare of prlexus

Posted by Skliew > 2017-09-15 09:43 | Report Abuse

When the Kluang knitted fabric mill is up for production, the input costs for Prolexus Apparel factories would be much lower as would be using own produced fabrics.

Those do not have own fabric mill would not be as competitive.

Market is irrational, "investors" are only guided by QR results and this is dangerous.... Share price could be easily manipulated....

We should look at the big picture and take long term view..

Posted by R40s > 2017-09-15 11:40 | Report Abuse

Look at Magni, price dropped nearly rm1 or 15%, this is so irritational, just one small hiccup on the Q1'18 QoQ and we see the panic selling...

Posted by nikicheong > 2017-09-15 12:06 | Report Abuse

Magni was overvalued to be fair. Do you see the book value relative to ROE?

Posted by Koh Sien Fook > 2017-09-15 13:16 | Report Abuse

美女是投诉外汇亏损,还有越南和马国劳工最低薪资的影响才少赚了。PRLEXUS钱去开厂房了。会投诉外汇亏损吗?厂都还没好,会有越南劳工薪资影响吗? 马来最低薪资上一年都实行了,早影响了。

Posted by Skliew > 2017-09-15 13:51 | Report Abuse

Prolexus share price has already dropped to unreasonable level with all the bearish views and expectations priced in. Only the exciting future prospects are not priced in but has priced in the negatives like "high start-up costs".

Market has already anticipated a bad Q4 results as the management said that the prospects were " Challenging " as reported in the notes to the Q3 results when it was announced on the 30th June, 2017.

On the other hand Magni's share price had rocketed high due to exceptional good results in the past quarter. With due respects, Magni joint ventured with 5 factories in Vietnam. However, Prolexus is going to build her own factory in Vietnam with a capacity of 26million pcs which is almost double the present total capacity of 14million pcs, making the new total capacity to 40million pcs.

Don't forget that the Kluang NEW FABRIC MILL is a new business venture by going upstream or vertically integrated. It is such a strategic and ambitious investment! The Capital Expenditure in excess of 100 million with annual capacity of 200 million yards. 200 million yards ! How much is that in term of revenue? Easily RM1 Billion !!

This is the one company that can produce INCREASING PROFITS in the not too far future.....

Look no further...
Just need to have long term view and invest for the long term...
AND need to be dumb..
Dumb dumb buy and dumb dumb hold lah !

Hahaha!

Posted by Dolly_Chai2 > 2017-09-15 15:37 | Report Abuse

wow... i was expecting Prlexus to drop a lot too today, due to the below expectation result from Magni... din expect it to go up so much... market is really unpredictable...

Posted by Dolly_Chai2 > 2017-09-15 15:38 | Report Abuse

should have bought more at 1.15... haha

Posted by Dolly_Chai2 > 2017-09-15 15:38 | Report Abuse

perhaps those who sold off Magni now bought into Prlexus

Posted by R40s > 2017-09-15 16:27 | Report Abuse

@Dolly_Chai,
My sentiments too..., lately I've diverted some funds into buying other stocks, on hindsight, I should have bought more Prolexus shares instead, huhu...

Posted by Jon Choivo > 2017-09-15 16:45 | Report Abuse

R40s if prlexus went down instead, would you be saying that you should have bought others instead?

Ignore volatility, outcome is not probability. Focus on value only. I like it at that price i buy, dont like i sell. Didnt open my itrade for 3 weeks d. My thinking become much clearer, Will only open to buy and sell, and allow myself to open once a month unless big news come up that changes the fundamentals of any of my holdings in a big way.

Posted by Infinite > 2017-09-15 17:30 | Report Abuse

If competitor profit drop, there is a possible customer shift to another manufacturer, some customer purchase by tender basis

Posted by R40s > 2017-09-15 17:36 | Report Abuse

@Jon Choivo,

Actually my average cost is much higher than current price level, as I hold this stock since May last year and subscribed the rights-cum-warrants, so it makes good sense for me to average down my costs, which I actually did when the price breached Rm1.20. Then the price dropped further and I didn't expect a rebound so quickly, so I diverted to other stocks thinking that I still have time to buy more later...

I think Skliew got it right, EPF (Amundi) has just exhausted their Prolexus (Shariah) stocks, so the selling pressure has faded...

Posted by R40s > 2017-09-15 17:41 | Report Abuse

Infinite, you made a good point, that's what I suspect too, hopefully the upcoming Prolexus QR prove that this is the reason...

Posted by nikicheong > 2017-09-15 19:48 | Report Abuse

R40s, unlikely for such a shift.

1) Topline for Magni still grew
2) Profits were actually also maintained YoY once your strip out FX gain/loss.

Magni was simply overvalued, Prolexus is simply undervalued. Magni would have sold off no matter what happened (not even a 20% YoY profit increase could have saved that from happening).

Posted by nikicheong > 2017-09-15 19:48 | Report Abuse

Again, no point getting excited over one green day. Anything can happen.

Posted by Skliew > 2017-09-15 22:18 | Report Abuse

Why look at the short term....
Just envisage after the completion of the dual expansions mah..... those manufacturers without own fabric mill would not be as competitive loh....and then Prolexus can also generate revenues and incomes from the sales of the fabrics and would not rely so much on those world leading sport wears manufacturers loh...

Posted by RainT > 2017-09-17 13:25 | Report Abuse

Tempted to average down when share price drop few days ago

But will not , as I believe coming quarters Prlexus result will still be bad

That time is the time to buy again

Posted by Skliew > 2017-09-17 14:12 | Report Abuse

Discounted already lah...
YoY.. sure not good lah.... Already expected mah ... isn't it?
Generally, it would not be good but not bad lah....
The expectation is completely opposite that of Magni loh..
Let's see loh ...

Posted by Jon Choivo > 2017-09-17 23:36 | Report Abuse

@R40s

It was definitely not cheap then far from it, too much expectations. I started buying mine at 1.4, and thinking back having finished my research into all 921 companies in the bursa. Its not that cheap either. But oh well, you live you learn. Now its cheap ish, its cheaper than 90% of the companies in bursa, but not cheap enough for me haha/

Posted by nikicheong > 2017-09-18 00:01 | Report Abuse

Jon, it may not necessarily be super cheap on an absolute basis (eg: P/BV still at around 0.95X), but when you do factor in the future growth from the Vietnam/Johor plants (on a conservative basis) then it does absolutely become a bargain offering.

I'm quite happy in saying that in previous months I chose first Hevea, then Tchong and then finally Mhb over Prlexus, but now Prlexus offers the best value. If it drops again(below RM1.20) once the next quarter results out, buy more loh. Otherwise, just enjoy the ride for the next 2 years into being a multi-bagger stock.

Posted by R40s > 2017-09-18 00:20 | Report Abuse

My actual average cost should also be about 1.40 with the free warrants from RI subscribed... But the opportunity costs of holding it for over a year probably make my costs go higher than that.

Anyway, whether the price is cheap or not is quite subjective, we can have all kinds of parameters to measure the value of stocks, but stock investment is not a science, it's more like a "Black Art"...

Posted by Skliew > 2017-09-18 09:13 | Report Abuse

Anyone measured or estimated the prospective values of prolexus after the completion of the dual expansion?

I am very optimistic and excited and would think that it is a multibaggers on its run-up to full installed capacities over the next 2-5 years.

Posted by R40s > 2017-09-18 11:27 | Report Abuse

I say more likely the run up should be in 1-2 years time, 2-5 years is hard to foresee...

Posted by Skliew > 2017-09-18 15:39 | Report Abuse

It is going to have a good long term bright and growing future....
200 million yards of fabrics production in the Prolexus Textile Park... hohohoho!

Triple up in apparel manufacring...
can continue with the expansion in apparel manufacturing if the managements so desire, I suppose, even after the dual expansion... hohohoho!

Posted by blow10 > 2017-09-18 16:29 | Report Abuse

aiyo belon bocor sudah hahaha

Posted by Skliew > 2017-09-18 18:54 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1000473


Date .......... Volume Done... Amundi sold....Estimate Bal...
7th ............. 980,000 ............763,800............786,000
8th ..............412,000 ............330,400 ...........455,000
11th.............146,000 ..............65,000.............390,000
12th ............578,900 ............390,000..............NIL

AMUNDI finished selling

EPF Board buying ...