Posted by reiki6 > 2018-01-22 16:28 | Report Abuse

disappointed!

Posted by apolloang > 2018-01-22 22:38 | Report Abuse

hahahaha.....degil lah....sendiri cari sakit

Posted by uptrending > 2018-01-23 11:28 | Report Abuse

Now EPF and manual life sell also no need to announce as already below 5%..... Big funds also caught... the owners also caught and have to suspense the Vietnam expansion....

The game changer, I believe, is

www.softwearautomation.com


Now Magni also going downhill....


Good luck....

Posted by Annetan > 2018-01-23 19:07 | Report Abuse

taking a bet today.bought avg .706

Posted by godhand > 2018-01-25 08:53 | Report Abuse

already so cham still esos give him dump

Posted by zero > 2018-01-25 15:19 | Report Abuse

ESOS at 50 cents too. Wah no eye see man.

Posted by reiki6 > 2018-01-25 16:34 | Report Abuse

price slowly slowly down..bye2 Prolexus

Posted by godhand > 2018-01-27 19:51 | Report Abuse

Aiya just keep la it’s cheap.

Posted by EdwinS3 > 2018-01-29 11:10 | Report Abuse

Just wonder who is the seller who keep selling it?

Posted by godhand > 2018-01-29 12:29 | Report Abuse

shark lo throw little by little to press down the price. this is a cycle.

Posted by nikicheong > 2018-01-29 13:14 | Report Abuse

It just keeps getting nicer and nicer...but remember, best to buy when there is a catalyst to drive earnings growth. Otherwise, it will remain to be a "value trap".

Posted by reiki6 > 2018-01-29 14:44 | Report Abuse

a long long journey to go.... when is the Johor fabric mill be completed? i guess the building cost could be too too much over their budget.. just my opinion -.-

Posted by zero > 2018-01-29 14:48 | Report Abuse

Managment already guided that FY18 will be dragged down by startup costs at the Mill

Posted by EdwinS3 > 2018-01-29 16:02 | Report Abuse

with 59mil cash balance from last Quarter announcement, the building cost should be able to cover

Posted by godhand > 2018-01-29 16:50 | Report Abuse

very strong volume selling. confirm is operator lei.

Posted by fkser > 2018-01-29 19:07 | Report Abuse

new low my baby

Posted by noah > 2018-01-29 21:00 | Report Abuse

EdwinS3 no it is NOT enough to cover.
They need to finance it through bank borrowings.
So upon the completion of the mill, you have a company with low cash pile and increased bank borrowings.

*It is a shocking to see the market cap of the entire company is lesser than a single bloody mill !!

Posted by noah > 2018-01-29 21:02 | Report Abuse

Market Cap: 114 Million
The bloody mill: 119 Million

Posted by noah > 2018-01-29 21:02 | Report Abuse

What i can say is their appetite is way too big..
This is how a lot of companies when burst during 1997 crisis

Posted by apolloang > 2018-01-29 23:53 | Report Abuse

many sorchais telling us to buy at above 1.40,but tomoro if got 60cts buy and keep. even profit bad and close shop I also no scare cos I won't be losing more than them.....hahaha

Posted by calvintaneng > 2018-01-30 09:51 | Report Abuse

Sultan Apolloang

You better don't buy first

See

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 10-Jan-2018 Notice of Person Ceasing 94,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 09-Jan-2018 Disposed 211,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 08-Jan-2018 Disposed 44,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 05-Jan-2018 Disposed 54,800 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 03-Jan-2018 Disposed 129,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 28-Dec-2017 Disposed 85,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 27-Dec-2017 Disposed 104,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 21-Dec-2017 Disposed 70,200 0.000 View Detail
MANULIFE ASSET MANAGEMENT SERVICES BERHAD 21-Dec-2017 Notice of Person Ceasing 133,700 0.000 View Detail
MANULIFE FINANCIAL CORORATION 21-Dec-2017 Notice of Person Ceasing 133,700 0.000 View Detail
MANULIFE HOLDINGS BERHAD 21-Dec-2017 Notice of Person Ceasing 133,700 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 20-Dec-2017 Disposed 42,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 19-Dec-2017 Disposed 100,000 0.000 View Detail
MANULIFE ASSET MANAGEMENT SERVICES BERHAD 19-Dec-2017 Disposed 39,500 0.000 View Detail


On Jan 10 EPF reported (NOTICE OF PERSON CEASING)

So EPF (Extra Power Firing) is aiming to SELL DOWN PROLEXUS.

Better stay away first until all the canon balls & missiles are fired off by EPF

Don't know whether Prolexus will fall back to 35 sen last time at its cyclical lows!

Posted by godhand > 2018-01-30 10:56 | Report Abuse

how u know if they have finish disposing.

Posted by calvintaneng > 2018-01-30 11:27 | Report Abuse

No!

Disposing haven't finished yet!

EPF Just reported they sold below 5% threshold which was the last official report: After this no need to report to Bursa. So just be very careful now

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") 10-Jan-2018 Notice of Person Ceasing 94,500 0.000 View Detail

Posted by godhand > 2018-01-30 12:07 | Report Abuse

u planning to buy is it bro. i follow your call ba. i no need to monitor

Posted by xiohai > 2018-01-30 15:33 | Report Abuse

wait 51 cents

Posted by reiki6 > 2018-01-30 15:35 | Report Abuse

london bridge is falling down... *.*

Posted by Jon Choivo > 2018-01-30 15:41 | Report Abuse

Wow, even the people who bought about 5 years ago will have lost money.

Except, netted off got about extra 10 sen in div.

really want some now. But, my god, high capex co in cost based industry, the business is not nice at all. But at the right price..

Posted by apolloang > 2018-01-30 16:07 | Report Abuse

who cares,when people scare we buy.....I will buy for long term.no care lah if can down mah buy more lo.....since all the sorchais already stuck cannot sell.....haha

Posted by godhand > 2018-01-30 16:18 | Report Abuse

we wait calvin call. hes rich. we push alone cmi one

Posted by godhand > 2018-01-30 16:19 | Report Abuse

i believe fbm small cap drop to the bottom edi. now dont buy when buy

Posted by Jon Choivo > 2018-01-30 16:23 | Report Abuse

Well... I think we now have a net net company.

Posted by dragonofdark > 2018-02-01 02:10 | Report Abuse

Just helped my friend research on this company. In short, this company going to face very very big problem on 2018. We simplified to these 6 points:

1. Coming quarter will be very very bad result (very high possibility a loss result) due to weak USD, EURO agaist MYR. Every 10% increase in USD will cause about 5 cent loss per share for PRLEXUS. 31-Jan-2018 USD/MYR closed at RM3.90, a deep depreciate from 31-Oct-2018 RM4.22, which caused about 3.8 cent lost in one quarter.
2. Reducing order from apparel customer
3. Huge depreciation expected from Johor fabric mill expect to incur in 2018 (10% depreciation rate)
4. Start-up losses in the 2018 financial year mainly due to lower capacity utilization at the initial stage for Johor new fabric mill
5. High CAPAX cash needed for Vietnam and Johor mill thus decrease in dividend is expected
6. Highly depend on manpower, every increase in minimum wages is a hit for this company

In overall ... please be caution and good luck to remaining shareholders :O

Posted by apolloang > 2018-02-01 15:03 | Report Abuse

nevermind the problems as long as we buy cheaper than the sorchais it's fine.now they stuck and cannot sell already.....hahaha

Posted by apolloang > 2018-02-01 15:06 | Report Abuse

I buy and keep 3-5 years lo if cannot up.....1 day come to 80cts-1.00 and then I dump to those who chase....haha.even then those who bought at 1.40 and above also cannot sell

Posted by dragonofdark > 2018-02-01 15:50 | Report Abuse

Why cannot sell? Many will cut loss and leave, may be u r the new batch of sochais but u don't know and keep thinking old batch is still there? Hahaha @.@

Posted by apolloang > 2018-02-01 15:53 | Report Abuse

lose a bit only they dare to cut loss.....lose a lot they won't cut loss.that's they mentality of most people.some will switch counter only

Posted by lizi > 2018-02-01 16:28 | Report Abuse

not yet, still some distance to net net.

Jon Choivo Well... I think we now have a net net company.
30/01/2018 16:23

Posted by uptrending > 2018-02-01 16:48 | Report Abuse

Even the Chairman and MD did not buy after fallen below 70sen...

Did not read any announcement, did you?

Posted by uptrending > 2018-02-01 16:50 | Report Abuse

The new mill, cost per square foot is about rm150... Is this fair price?

Posted by apolloang > 2018-02-01 16:53 | Report Abuse

then can close shop or not? if cannot then can buy lo cos I don't think it can down to 30cts also

Posted by newbie5354 > 2018-02-01 16:58 | Report Abuse

uptrending sifu what happen to Naim? You cut loss is it? Why so long never see you posted there?

Posted by uptrending > Feb 1, 2018 04:50 PM | Report Abuse
The new mill, cost per square foot is about rm150... Is this fair price?

Posted by apolloang > 2018-02-01 17:00 | Report Abuse

naim posted losses so much prolexus no loss just post profit down only.loss a lot counters I no buy one,just like perisai,kinsteel

Posted by uptrending > 2018-02-01 17:02 | Report Abuse

Apollo, buy lo... haha ha

Posted by uptrending > 2018-02-01 17:04 | Report Abuse

Newbie, I took profit on Naim... the last day of the year window dressing as I told you.... Hi hi hi

Posted by newbie5354 > 2018-02-01 17:04 | Report Abuse

Prolexus not USD ctr? If USD drop to 3.8 are you sure 60 sen can stand?

uptrending Apollo, buy lo... haha ha
01/02/2018 17:02

Posted by newbie5354 > 2018-02-01 17:05 | Report Abuse

I ask uptrending sifu not you.

apolloang naim posted losses so much prolexus no loss just post profit down only.loss a lot counters I no buy one,just like perisai,kinsteel
01/02/2018 17:00

Posted by apolloang > 2018-02-01 17:08 | Report Abuse

who cares the trend,i buy for long term....down also nvm cos I will buy more....haha

Posted by uptrending > 2018-02-01 17:11 | Report Abuse

Newbie, I cut loss on prolexus @1.17 and still not considering to buy back at current price.. I will continue to monitor... Many apparel companies around the world may lose their contract manufacturing clients in time to come due to www.softwearautomation.com

Posted by apolloang > 2018-02-01 17:14 | Report Abuse

many already lost more than 60cts.....now 62cts how much still can lose? as long as no loss a lot why worry?

Posted by newbie5354 > 2018-02-01 17:14 | Report Abuse

Now Naim drop to 1.03 why cannot buy back? What was your last purchased price in Naim? Dayang and Perdana has recovered but not Naim.

uptrending Newbie, I took profit on Naim... the last day of the year window dressing as I told you.... Hi hi hi
01/02/2018 17:04