U sold d goose tat lays d golden eggs! Hehehehe !

When was technical analysis always correct? Esp. in d case of newly listed co? Hehehe!

Any reason to be pessimistic? Please give reasons. I,e. Cancellation if orders, co going bankrupt, etc... Here, they r building new factory to cope with demands!

Anyway, trade at own risk. Safest way not to lose money is to lock it in FD. But then, there is also such thing as bank run ... Hehehe! We can frighten ourselves everyday if we choose to. Hehehehe!

CIMB Research rates Karex as 'add' with a target price of RM5.07

CIMB Research rates Karex as 'add' with a target price of RM5.07

Read:
24 February 2014| last updated at 04:32PM
Karex rated 'add' by CIMB

KUALA LUMPUR: CIMB Research rates Karex as 'add' with a target price of RM5.07 given that it had reported a strong 47 per cent increase in 1HFY14 net profit.
"This was in line with our expectation at 48 per cent of our FY14 forecast but above consensus at 55 per cent. The strong growth was driven by the increase in orders and greater economies of scale resulting from the higher condom capacity. Karex's utilisation rate remains at a high 81-82 per cent, indicating strong demand."

"CIMB maintains Karex's FY14-16 net profit forecasts but increase target price, now pegged to a higher 19 times CY15 price earnings ratio and at a 20 per cent premium over the rubber glove sector's average price earnings ratio.

"This is in line with the re-rating of the rubber glove sector's price earnings ratio. We maintain our Add rating on the stock, with the potential catalysts of strong results and higher liquidity from the bonus issue."

CIMB said it expects Karex to deliver strong results in 3QFY14.

"The full impact of the four new production lines has been reflected in the 2QFY14 results. However, the company has added another six production lines in the past few months.

"These lines have started operations and will make a partial quarter's contribution in 3QFY14. The lower latex price and stronger Malaysian ringgit/US dollar rate will boost Karex's earnings in 3QFY14."


Read more: Karex rated 'add' by CIMB - Latest - New Straits Times http://www.nst.com.my/business/latest/karex-rated-add-by-cimb-1.492024#ixzz2zLlAf8IT

So little only meh? Hehehehe!

Yes, Iris is a very undervalued stock. Buy, keep! ( hint: Felda won't be as stupid as buy into a unprofitable co. )

Warrants follow the movements of mother... Mother must be strong. That's what matters. If u check d wa wb charts - not affected .

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1597929
Good news, Director buying back shares fr market at 0.4923 ( rock bottom price?!! ) ;)

Published: Thursday April 17, 2014 MYT 7:50:00 AM
Updated: Thursday April 17, 2014 MYT 8:28:07 AM
Bursa fines, reprimands ex-remisier

PETALING JAYA: Bursa Malaysia Securities Bhd has publicly reprimanded and imposed a fine of RM100,000 on former remisier Goh Hong Lim for manipulating the share price of Tomei Consolidated Bhd.

"Bursa places a strong emphasis on the need to maintain a fair and orderly market and will not tolerate any acts or practices which could lead to false trading, manipulative activities and compromising the integrity of the market," said the exchange.

At the time of the breach, Goh was a commissioned dealer’s representative of HwangDBS Investment Bank Bhd at its Taman Tun Dr Ismail, Kuala Lumpur branch.

The exchange has ordered to strike off Goh for his offences.

He had contravened and triggered the provisions of Rules 401.1(3), 404.3(1) and 1302.1(1)(a) & (g) of Bursa’s pre-revamped rules.

Bursa said Goh had engaged in numerous manipulative and false dealing activities over a period of time in several client accounts.

These dealings included activities which involved bidding down, bidding up, front-running and coordinated trading activities which had the effect of creating a misleading appearance of active trading in Tomei.

"Goh had influenced Tomei’s share price by pushing the price down during the period of price fixing for its placement shares," said Bursa.

confirm
15 posts
Posted by confirm > Apr 19, 2014 04:12 PM | Report Abuse

believe me, karex sure drop to RM2....then a few month lagi drop to RM1.20..........!!!
-------
confirm, I think u r in d wrong thread ! This is not Dsonic thread lah! For a stock to fall 2/3 of its value is very serious. Something is terribly wrong. Heheh! U lost a lot of money punting , is it?

Good question. Bursa should check into this. Let there be fair play in the market place.

I heard it can go up to $.... ! Hehehe! Will hold. Whatever happened short term, I not too bothered. We can't be seriously watch n take action on a stock 's up n down every day. Where got time? Hehehe! Anyway, trade at your own risk. It's yr money after all. Happy trading!

P/S: Ffriends, pls Invest, don't gamble. Very risky to punt these days....

What news?

I will just wait lol. Hehehe! For I know, it will definitely go up soon! Long term investor here. ;)

Yeah. Maybe I skip this one. Ran up way beyond my expectation! Susah nak ke jar now. To those who are still on board, good luck! ;)) Make tons of $$$$$, ya!

There are many co with very good fundamentals but not moving, there r also those with soso fundamentals but coming strong! Hehehe! Which one u put yr bet on?

Watch this one as well. Will run! ;)

Gogogo! Hehehe! Little bull charging!

Many do not realized how huge existing as well as future IRIS projects are ..... It won contracts across the globe(in USD/EUR), n actually not too keen on local contracts with negligible profit margin ( MYR). Hehehehe. Strategic Thinking! :)

I'm not sure if I should collect more at this price... Already up so 35%.... Any insider TP?

Dunno.... Maybe... Maybe better even... In stock market, no one really know. But if co is ok, shouldn't be a problem. One year later, check back n we shall know :)

AyamTua, what news this counter? Why sleep like this one.....?

Beginning? I tot oledi took off! Any TP to share?

Will this stock continue to rocket up on n on? ( wished I hadn't sold earlier..aiyah!) what's d new TP , anyone knows?

Something brewing... Else won't have attracted sharks to come in.... Hehehehe... Maybe also someone trying to force the price down to collect before real fireworks!

D rise fr 0.2 to 0.275 nonstop is pretty impressive! Hehehe! Question is, will it take a breather... Whats d next TP ?

Cheap. But wat news. Wanna know too.....

I tot property market stagnant, why property stocks bullish? Puzzled.

Any TP?

Any TP?

Why are u guys buying? Any good news? Please share :)

Nothing happening, no need to kookkookkooook mah... Nothing wrong wat.... :)

Huh?

One full year to go b4 CA expires. No reason not to raise higher than present price. If there is, pls give evidence ( links) here , so that we all can analyze together.

When I buy, I dun like to sell within days. Unless forced to cos co going bankrupt or stuff. Punt = gambling. Investing is for mid/long term. If we play this way, we usually win over the market which we can never precisely predict . From what I read and observed, this co has much room for growth. Hold n watch it grow. I heard, the reward is very handsome. ;)

Not difficult to go higher next week. Look at their chart. It's upward. Else I won't even consider buying.... Hehe....

I agree.

But the stock is still holding steady. Upward trend. Easily 0.12-0.125 next week.

Imagine if u had bot at 10 sen, would have earned 20-25% next week. ;)

Very few good 0.1 stock left. 0.15 we earn 50% profit! Wow!

; )) Uptrend!

Oh.... no wonder..

:)

Ant, thanks for your advice.:)

CA & CB, v r dealing with the banks. Anyway, mother share is said to be quite good. Will certainly go up, I was told. But got to hold a bit.

Asian shares mixed after US report, Fed comments
17 April 2014
HONG KONG: Asian markets were mixed Thursday as a positive report on the US economy and the Federal Reserve chief's pledge to keep interest rates at record lows were offset by profit-taking after the previous day's gains.

karex quarterly report 31/12/13
http://www.insage.com.my/ir/cmn/downloading.aspx?sFileName=14070000009766&sReportType=QR

Stocks To Watch: Dialog, Barakah, Iris, BAT, Tenaga, E&O, Kulim, IPO Properties
http://www.theedgemalaysia.com/mobile/article.php?id=285030&pid=7

Just profit taking n a healthy correction according to theEdge. Since it stays above 3.08 should be upward again!

Hot Stock: Karex falls 5% on profit taking after recent gains

by Jonathan Gan of theedgemalaysia.com on Wednesday, 16 April 2014 04:41

KUALA LUMPUR (Apr 16): Karex Bhd shares fell today on profit-taking following its recent stock gains from April 9, according to dealers.

The stock had attained a high of RM3.52 yesterday before giving up gains.

At 12.19 pm today, shares of the condom manufacturer fell 16 sen or 4.8% to RM3.13 per share on trades of 1.01 million shares.

A dealer with a major stock broking firm told theedgemalaysia.com that profit taking is beginning to settle in on the stock.

“It’s a healthy correction as there is no bad news on the horizon for Karex,” he said.

A technical analyst who did not want to be named told theedgemalaysia.com that the stock could see further upside if it stays above RM3.08.

“Immediate resistance for Karex is placed at RM3.52. As for support, the immediate level would be RM3.08 and subsequent level at RM2.9,” he said.

Interest in Karex in the past two days was also spurred by the issue of two warrants by investment banks.

KAREX-CA saw a high of 24.5 sen yesterday before closing at 18.5 sen.

On its maiden trading day yesterday, KAREX-CB hit a high of 35 sen before closing at 15 sen.

Hot Stock: Karex falls 5% on profit taking after recent gains
by Jonathan Gan of theedgemalaysia.com on Wednesday, 16 April 2014 04:41


KUALA LUMPUR (Apr 16): Karex Bhd shares fell today on profit-taking following its recent stock gains from April 9, according to dealers.

The stock had attained a high of RM3.52 yesterday before giving up gains.

At 12.19 pm today, shares of the condom manufacturer fell 16 sen or 4.8% to RM3.13 per share on trades of 1.01 million shares.

A dealer with a major stock broking firm told theedgemalaysia.com that profit taking is beginning to settle in on the stock.

“It’s a healthy correction as there is no bad news on the horizon for Karex,” he said.

A technical analyst who did not want to be named told theedgemalaysia.com that the stock could see further upside if it stays above RM3.08.

“Immediate resistance for Karex is placed at RM3.52. As for support, the immediate level would be RM3.08 and subsequent level at RM2.9,” he said.

Interest in Karex in the past two days was also spurred by the issue of two warrants by investment banks.

KAREX-CA saw a high of 24.5 sen yesterday before closing at 18.5 sen.

On its maiden trading day yesterday, KAREX-CB hit a high of 35 sen before closing at 15 sen.