6.40...

wat happen?

PROPOSED BONUS ISSUE OF 334,125,000 NEW ORDINARY SHARES OF RM0.25 EACH IN KAREX ("KAREX SHARES") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING KAREX SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE")

waiting 0.9

today up down big gap

Target 2.83....wah,,,,

yeah...RM1..

Rm1.. sale....

why down? due to bangla? i dont think so

myeg up nothing will bangla issue

banyak orang sapu

100% profit company, no risk

soon back normal..time to buy....got discount

soon up

valuation
We upgrade to BUY recommendation from hold with an unchanged target price of RM4.52, given the recent share price retracement and the potential higher condom demand over the next 18 months caused by Zika virus. Our valuation is pegged to unchanged P/E multiple of 26.9x of CY17 EPS, based on +1SD above 2-year historical average P/E

start move...

next target 0.95

RM4.50

Karex cannot rely on contract manufacturing to improve profit growth. So, it has been investing heavily in developing its own brand of condoms — ONE — that was launched in the US, Canada and here in December last year.

Karex has a 55% stake in US-based Global Protection Corp — the company that ONE is parked under.

Last week, Karex also acquired TheyFit LLC for US$1.3 million or RM5.6 million, an acquisition that will supplement ONE. TheyFit owns the patents, trade names and trademarks for condoms manufactured, marketed and sold under the TheyFit brand.

Uniquely, TheyFit offers condoms in 95 different sizes (14 different lengths and 12 different nominal widths). Furthermore, TheyFit holds a patented measurement kit (FitKit) for consumers to customise their condom sizes. TheyFit’s markets include the UK and Europe.

“Overall, we are positive on the proposed acquisition as it is in line with the group’s strategy to expand its higher margin OBM (own brand manufacturing) segment, which historically contributed less than 10% to condom sales,” writes TA Research in a report.

Nonetheless, the research house has downgraded Karex from a “buy” to a “hold” with a target price of RM4.50.

http://www.theedgemarkets.com/my/article/karex’s-valuations-stretched-thin-volatile-ringgit

cpo price 2600...JTIASA up soon

EG Industries may experience further weakness after dropping below the MYR0.87 level in its latest session. Traders may expect further weakness if it stays below this level in the near term, with the next support levels anticipated at MYR0.81, followed by MYR0.76. The stock may move sideways if it recovers back above the MYR0.87 level. A bullish bias may kick in if it surpasses the MYR0.95 level.

when can go back RM1?

soon back to Rm4

0.855...

small volume.... down 0.18 sen...

waiting RM 0.85

RM5.50 before split= RM11 cheap

buy before late

sell....

dow jone up.....next week sure up until new year..hold tight

0.91...go go

wait big rebound

supermax up..soon top glove will follow

koon sapu...soon 1.10

buy before late

rebound

pe getting low

10.70 cheap

i think back to normal rm 3.50 lvl

Major exporters in Malaysia are making similar preparations. Top Glove, the leading global manufacturer of natural-rubber gloves, will build its 30th factory within the year. The plant, located outside Kuala Lumpur, will have a production capacity of 4.4 billion gloves per year. Several existing plants will also be expanded, bringing total production capacity for 2016 to 52.4 billion, up 17.5% from this year.

Top Glove's products currently face 15% tariffs in Canada, Mexico and elsewhere. But the eventual abolition of those duties under the TPP will let the company slash prices, bringing up total sales and export volume.

te of shares sold from 19 Jan 2016 to 20 Jan 2016
Currency Malaysian Ringgit (MYR)
Number of treasury shares sold (units) 254,300
The minimum price at which the treasury shares were sold ($$) 13.960
The maximum price at which the treasury shares were sold ($$) 14.000
Total consideration received for the treasury shares sold ($$) 3,553,555.92
The name of the Stock Exchange through which the treasury shares were sold BURSA MALAYSIA SECURITIES BERHAD
Total number of shares still in treasury (units) 2,164,400

waiting 0.88

0.995...

I waiting 1.00

us..still slow..no sign recover....so hati hati

down...waiting rm 1

lari...

jtiasa timber+CPO

2017....1 year 30%..better than warren buffet