it is oversold. what u mean unknown reason? stock like this is very easy to fry. if u have holding power u will earn money buying into very cheap stock
idk i bought lots of stock i think its super cheap with good upside potential and lock in fridge. 1 thing for sure if drop u can buy, if up u dont have chance to buy cheap. what i have is holding power most of u ppl dont have. i can watch my stock drop 50-80% without having a feeling
Posted by PotentialGhost > Oct 1, 2017 11:45 AM | Report Abuse
Guy don't give this apolloang to blur , this guy no hold anyshare on stock market and bad comment at any forum . You guy can check out all his comments.
His life is so pessimistic , his personality would not make him sussces in financial markets and business.
He now worry monday cannot buy at 1.15.
I try to warn u guys but this ghost call u all to buy at 1.15 see now what happen only 60cts.ghost now go hiding ar?
Sorry everyone my friend apolloang his brain now have illusion again , please forgive him ,my friends apolloang is a mental patient he always tell everyone he buy anystock In 0.01sen. this is how safety margin he did Today he talk to me again he buy prlexus at 0.003sen. I already contact mental hospital , if you guy feel uncomfortable can call 911. Thx everyone
FUTURE PROSPECTS Despite challenges faced in FY2018, the apparel division is expected to improve its revenue contribution to the Group in the next financial year by securing more orders from existing and new customers. Further improvements in efficiency and cost control measures will also be implemented to remain competitive and strengthen the Group’s profitability.
The advertising segment is expected to contribute positively to the Group’s financial performance in the next financial year. Moving forward, the advertising segment intends to expand and add more digital outdoor screens in strategic locations throughout Malaysia.
The completion of our textile mill is an important milestone for the Group. The Group is expected to benefit from internal procurement of knitted fabrics with gradually improved profit margins and control over the supply chain. External sales of knitted fabrics will also provide the Group with additional source of revenue stream. Nevertheless, we expect the textile mill to have a negative impact on the Group’s financial performance for the next financial year due to low capacity utilization in its initial years of operations.
Seems like 2019 business will improve with more orders secured for the apparel business. Advertising business is also expanding. For the fabric/textile mill that just received OC in Oct 2018, it will not contribute much in 2019 due to the "gesture period"... but for long term, this is a vertifically integrated business that can control costs and supply chain...
if you have holding power and adopt mid to long term investment strategy, probably can start accumulating this share now... look at their past years record (before 2017), they have good records...
the question now is... can they really improve to what they used to be (before 2017) or even better?
that is a bis question... and who are their current competitors? btw, Magni is not Prlexus direct competitor as they produce different kind of apparel materials for Nike.
Dear All, suggest all investor friends here look into the fundamental of this Co than only look at broker firm suggest to buy report. Mean before buy a company stock, understand inside info will help for long term. else a person who simply invest will tend to lose than earn. TQ
Like Warren Buffett said, fundamental are important. Warren Buffett also suggest if we need to invest a company, try to learn more details from their annual report, change of each major shareholders or share changes move; their major clients, business model, etc.
Mean also he suggest we need to try to understand more of the target invest Co's management teams, Internal morale, competitive edge ; anything happen to their good key personnel and teams,especially largest contract manufacturing "XXXX" Brand team or not......any challenges to compete with other main competitors or not ? What happen to their other main customer ? Brand UxxxxxAxxxxx global sales drop, any impact to their sales or not ???? ( normally OEM textiles orders have been known their orders 1 to 2 years in advance subject to product range. ) ; How do such contract manufacturer 's Mkt positioning to get their order ? is it good profit margin ? or order very depedent on certain source ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
EngineeringProfit
20,685 posts
Posted by EngineeringProfit > 2018-06-07 17:51 | Report Abuse
: )