@Lawman Nothing to fear there, this Mr. Oh has been subscribing to ESOS and disposing them in open market not long later, that goes back even in 2018

However, the material thing is whether they can get big sharks to subscribe to their PP instead

Good chance to top up with the recent correction, funny la you GooShen, why dont you hop on the bandwagon as we are heading towards the North Pole once its settled :P

@cu29ok yes they have already allocated capital to venture into the glove manufacturing business, it is expected to start production around May-June 2021 (Q2) with 2 production lines, 1 each for latex and nitrile gloves

https://youtu.be/uN_ZVKtZgPE

Wave after wave, why don't the management learn and take initiative? Thats the funny part. Now Vice is up their arse pulak

Trading around 840 to 870 slow but steady, keep your tickets and ride the wave up after glove lines are ready : D even without the sky-high ASP, this diversification plus the growing health consciousness globally will improve Karex's business

Have a nice week y'all!

Rohas is back in the black!

Benefits of having OBM as a part of the business

https://shopee.com.my/karex.my

They are able to provide condoms at much cheaper prices, check out the link, seems like they just started 5 months ago on this particular platform.

4.50 I doubt so, short term 1-1.50 already can party liao but yes Karex is much stronger than other glove counterparts, good for us!!

Healthcare sector red sea, Karex still erected strong HAHAHAHA hold on tight, if no whole number dun let go

Keep your tickets if its below 5, no point selling, Gen is still cash rich, GenP is going to have bumper profits, RWLV opening in Summer 2021. Long journey to go with plenty of upside but be ready for the occasional sell-down :')

Huathuat tgt w Uncle Lim

@Burdoc should be releasing in the end of the month

As for the glove effect, yeahh not much since their planned capacity isnt that much afterall and didn't rly kena goreng much

@VTrade hmm if I were you I would say that around 85 is a good buy and anything below 75 is a home run, your call tho

Sharks wake up ady, 1.2 mil sell queue at 3.5 gone in seconds

if there is one ofc

@intouch nope, so far production has not started hence there's no actual revenue from it, however Karex most probably will be subjected to the windfall tax when it starts to register profits from the gloves in 3Q 2021

Yeahhh 6% of almost 380 million (I forgot) soo roughly 23 million and will continue to grow, seems bright

The direction they are steering into, developing nations such as Vietnam, Indonesea, Cambodia, Bangladesh etc can be rewarding if sustained and grows yoy, hopefully one day it will rise again

Market laosai aiyooo I think will come down to 70-72 altho the fundementals have not changed

@linheng decent, based on revenue segregation, commercial wise remain the same as the previous year, 3% fall in tender-based sales for the year (all the health organizations, non-profit etc) however the OBM sector is doing well, gained a couple of percentages more compared to the previous year

Healthcare sector (the catheters and hand sanitizer portion) made up a good 6% of total revenue

The only downside I can think of is that they are taking quite long time to complete the production line (2 lines est June) compared to MS (10 lines est April) and also the high capex of RM40 mil fr juz 2 lines

Other thn that as long as sales are good and the company isn't burning cash unnecessarily, Karex will fly in no time

@hope4best178 shld be somewhere around 26-28 Nov

Went through their 2019 AR twice, seems like 2H of 2020 got alot of EPCC and contract work that will be completed, lets see.

If anyone is interested to make an analysis and write about this counter I'm interested to read on it hahahah

Sell if you want, true investors who have perseverence will be rewarded in 2-3 years down the line. No need to instill fear amongst investors with those tp, peep on this forums arent the ones that will drive the price down, its the jerung2 n tauke2 besar

78 damn nice number... too bad I ran out of bullets

Rendang nicer hahahha

100 mil.

Not just that @DChosen2, many were assuming that a vaccine will be out by Oct hence the fall of demand for gloves during the August goreng, but it seems it will only be available to the public by early 2021 at the earliest even for the Chinese vaccine

Lai liao

Trust in Goh MK. Have looked at his past interviews and statements, he strike me as a pretty smart businessman and time will tell

Agree with @Orlando, 50 mil estimated profit is preety conservative as they are only assuming cost per 1000 as $30. Hold on tight and be rewarded. However selling queue seem to be of considerable big quantities though little sellers

I wonder if their following qr report will be better compared to last qr, only time can tell.

Believe in Karex and you will be rewarded in the long run

Hopefully, all will b fine for Karex shareholders

Called their inventor relations office earlier this afternoon, glove lines are on schedule and no delays so far with its original estimated completion in June 2021 with 2 production lines. One for nitrile gloves and one for latex gloves (500 mil. units annually)

Aiyoyo 73 cents got so many chance too lazy to enter now 80 cents oni enter hahahhaha

However bull run coming for Karex~ volume is showing

Good stuff! Finally regaining some momentum

MCO time 10 days no production as the factory is closed, lower sales for q2

Low EPS for q2 2020

Going in and out when the price fluctuates does you no good, set a tp and abide by it. Hoping onto the boat just to jump off is a good way to lose money for sure. Have a nice weekend and all the best

@cbkia4896 Although I am currently not holding any shares (am waiting for my TP to enter), I think that if you bought w cash and not on contra, maybe you should consider to adopt a wait n see strat for this counter. Decent fundementals and the business is steadily growing both online and overseas (Viet, Cambodia etc). Do what you suits yo best but give it a thought first is my advice to you

Alot of uncertainties in the market rn, will wait to top up at 24/25 cents if it reaches that level! Come on Rohas

Isit just me or anyone else, have been waiting for the div payout since 1st Oct and saw some peep saying they already got theirs but havent got mine hmmm

Hang on tight fellow comrades

Stuck on 3rd floor, lets wait for the big wave

Hmmm seems like another counter going into the vault. See you in 1-2 years?

@jazzz mainly investment holdings oni, as you can see from their revenue vs net profit difference but they do have a few incubatee companies worth looking into before you decide

@Warrenbuffet888 PE50 not quite possible since its all paper gain and directors seem not to be interested to realise the profits anytime soon hence will deter potential investors since Fintec is notorious for leaving profits only for themselves. However the prospect of them realising even half the profits seem very lucrative :P

But of course, that's a big if.

@HrryPttr that's coz the 15% limit down only applies to certain klci counters and HLT which is in the ACE market is not one of them

@Blackice everyone is rushing to convert to mother share due to the exponential negative premium

Even you deduct the 20 cents from the strike price, provided that the mother share hover above the Rm3 mark, you will still be making well over 50 cents a share @ Rm50 a lot for taking that 2 weeks of risk. Even that is not taking in account of the potential upside of HLT since kena goreng so much oredi this past week.

But still, if you are a newbie, I wud suggest you to not dip your hands into warrants. Warrants are a tool for investors, as they provide you leverage but with that comes tremendous risk, trade and invest at your own risk. Dont be too greedy, later spender pun hilang.

Hv a nice day! Invest wisely