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Hi guys
Yesterday All Glove Counters plus Glove material & face mask stocks were up (Comfort & Careplus limit up) but Prolexus was the laggard
Is there further upside in Prolexus?
The answer is yes
Why?
These are some reasons
1) PROLEXUS 
The compound of 2 words
a) Pro as in pro-active or pro-fessional or the best in its field
b) Lexus is the Luxury Car name given by Toyota for its Highest Class export to USA - the Toyota Lexus LS400 
Or Luxury Sedan 400
 
SO PROLEXUS IS A PROFESSIONAL MANUFACTURER OF LUXURY SPORTS SHIRTS AND SHORTS FOR WORLD RENOWNED BRANDED COMPANIES LIKE NIKE, DISNEY, UNDER ARMOUR, GAP, CONVERSE & OTHERS
 
A simple car like the Perodua Kancil commands a very small profit. Selling a LS400 brings in the highest profit
So it is far better seling a dozen Lexus LS400 than a hundred Perodua Kancil with razor thin profits
So is cloth manufaturing
Years ago in Singapore my son brought home a Nike T shirt. He bought it for S$50.00 or Rm150
I bought a similar T shirt for only S$3.00. Examining it closer i could see the quality and texture to be identical
So I said, "Why yours so expensive?"
He repied, "SEE! MINE GOT THE NIKE LOGO IMPRINTED!"
 
Ha! Just the added Nike Logo they added 1,500% to the price. And they sell well
So that's the big difference in profit
 
It brought back memories to my time in KL. I got a friend who started the Frisco Property Real Estate Company in KL then
They were selling High end luxury Apartments & Houses. So I said, "Why don't you guys sell the cheaper low cost houses for the masses?"
They replied, "Oh, the time & hassle taken is about the same - selling high end or low cost houses"
But the profit margin is different
So now I know
Better sell those that give higher margin
And so with MCO lock-down Prolexus pro-active management have invented the FaceXmask
And they sell for a premium
See
 
 
 
ProXmask™90V - 5 Layer Anti Virus Protective Mask with
Excellent
 
Filtration (BFE), Anti-Microbial and Water Repellent. Reusable
up to 20
 
Washes. Selling at RM88/2pcs per pack
 
RM88.00
 
 
Will people be willing to pay for these washable Masks?
Why not?
They are qualify stuff with 5 layers
But people will use the plainest face masks to save money in bad times
Of course many will. But just like you can survive on eating white plain rice and eating plain roti canai and drinking plain water to save money not every one wants to do it day after day for one month, 6 months or 1 year?
You can hardly breathe thru these non woven face masks. You want face mask that you can breathe thru
So there will be people buying the more comfortable FaceXmask for sure
People might be in MCO lock-down; but don't you look down or over-look the potential of Prolexus
Bosses of Prolexus took notice & see how they bought Prolexus shares
 
 
 
 
 
Icapital Biz Tan Teng Boo also took notice of Prolexus potential
In the lastest Annual Report for year 2019 ICAPBIZ Has Emerged as Top 21st Shareholder with 1.592 Million Prolexus Shares
 
Prolexus price now 65 sen
Target price expected to be Rm1.00
 
 
Best regards
 
Calvin Tan Research
Singapore
 
Please buy or sell after doing your own due diligence

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-05-13-story-h1507003333-WHY_PROLEXUS_6988_HAS_MORE_UPSIDE_IN_FACE_MASK_ECOMMERCE_PLUS_PPE_Calvi.jsp

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