KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.395

Today's Change

-0.005 (1.25%)

Day's Change

0.395 - 0.405

Trading Volume

270,400


31 people like this.

11,665 comment(s). Last comment by wallstreetrookie 1 week ago

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-07-06 01:03 | Report Abuse

Glove ASP down and seems like there could be impact to karex. Low of the year not tested, perhaps 40sen..did they borrow for the glove investment?

Posted by steadylahbro > 2021-07-07 08:56 | Report Abuse

I dont think so, I remember Karex used internal funds for their glove venture

The thing is they spent 40 mil just for 2 lines as they dont have the economies of scale soo ye the quick decline in ASP is smtg to look out for perhaps

Posted by steadylahbro > 2021-07-08 00:32 | Report Abuse

Regarding my comment above:

"At the initial stage, Karex intends to set up two production lines within 12 months from the date of this announcement that is estimated to have a yearly production capacity of up to 500 million gloves (Phase 1) with the remaining production lines to be gradually set up over the course of the next 48 months.

For Phase 1, Karex will require a total estimated capital expenditure of RM40 million which will be funded through a combination of internally generated funds and/or bank borrowings."

https://www.malaymail.com/news/money/2020/08/24/karex-to-manufacture-u...

dompeilee

10,762 posts

Posted by dompeilee > 2021-07-09 08:05 | Report Abuse

Wah...in the 40s already ah? Waterfall on the chart somemore! lol

tctctc

43 posts

Posted by tctctc > 2021-07-13 16:52 | Report Abuse

all the glove counter likely to be a value trap

secondly, ask yourself
1. how long you never buy condom
2. are you going to buy a box after covid

drken91

170 posts

Posted by drken91 > 2021-07-13 16:54 | Report Abuse

oxygen supply shortage will be the next theme

drken91

170 posts

Posted by drken91 > 2021-07-16 09:41 | Report Abuse

jio here dy, oxygen supply shortage is indeed the next theme

monitor BIG, potential LU today

Posted by xiaoGinna6969 > 2021-08-09 14:54 | Report Abuse

Hmmm is this business undervalued?

Posted by xiaoGinna6969 > 2021-08-09 14:54 | Report Abuse

@tctctc tak da bini cam mana nak guna kondom?

stevenckheng

1,196 posts

Posted by stevenckheng > 2021-08-24 14:13 | Report Abuse

people buying condom from taobao china

jamestecs

153 posts

Posted by jamestecs > 2021-08-27 10:50 | Report Abuse

Taobao china condom made in Malaysia.

shawn88

172 posts

Posted by shawn88 > 2021-09-01 12:06 | Report Abuse

qr not yet?

Posted by steadylahbro > 2021-09-01 17:04 | Report Abuse

Seems like not yet, I tink maybe within this week by Friday

pushparaj

198 posts

Posted by pushparaj > 2021-09-02 19:01 | Report Abuse

Hopefully with good profit and dividend declaration.

dompeilee

10,762 posts

Posted by dompeilee > 2021-09-03 15:11 | Report Abuse

Karex MOOOOoooving =)

pushparaj

198 posts

Posted by pushparaj > 2021-09-04 19:41 | Report Abuse

Momentum is good, the past 2 days. Resistance support at 55cent expected

JohnFook

569 posts

Posted by JohnFook > 2021-09-05 16:25 | Report Abuse

Condom taking over glove....flyyyyyyyy

Diving

13 posts

Posted by Diving > 2021-09-10 11:37 | Report Abuse

Why karex qr not out yet? Thought should out in Aug?

Posted by Killsthebear > 2021-09-21 14:56 | Report Abuse

too busy shiok sendiri until forgot QR?

Posted by The_JQuestion > 2021-09-30 09:39 | Report Abuse

how come lose money MCO no condom sales ah

DawscpJ

280 posts

Posted by DawscpJ > 2021-10-07 12:24 | Report Abuse

why karex so cham ???

Thomask

36 posts

Posted by Thomask > 2021-10-10 18:17 | Report Abuse

Hoseh Liao, now can cross states, everyone go travel, stay at hotel, do thing they love, domdom sale up

shpg22

2,971 posts

Posted by shpg22 > 2021-10-28 17:43 | Report Abuse

All practice bukkake d. Nobody wear condom nowaday.

CHHu

93 posts

Posted by CHHu > 2021-11-02 14:15 | Report Abuse

No volume...

unomi12

323 posts

Posted by unomi12 > 2021-11-15 12:02 | Report Abuse

all glove share moving except karex. If not mistaken Karex also produce nitrile gloves.

CHHu

93 posts

Posted by CHHu > 2021-11-30 05:15 | Report Abuse

Karex will roll out new material condom soon. Perhaps will be Nitrile condom? Also expect glove revenue contribution as early as March 2022.

JohnFook

569 posts

Posted by JohnFook > 2021-12-06 21:11 |

Post removed.Why?

JohnFook

569 posts

Posted by JohnFook > 2021-12-06 21:12 |

Post removed.Why?

CHHu

93 posts

Posted by CHHu > 2021-12-07 16:09 | Report Abuse

HLIB also ceased coverage....haiya

JohnFook

569 posts

Posted by JohnFook > 2021-12-07 18:43 |

Post removed.Why?

Posted by Virgin_Share > 2021-12-08 11:01 | Report Abuse

John, you look so dumb commenting about MCO lmao, when over 90% of Karex revenue isn't contributed from Malaysian market

JohnFook

569 posts

Posted by JohnFook > 2021-12-09 13:53 |

Post removed.Why?

Posted by tapestry > 2021-12-10 10:33 | Report Abuse

MRPMA Coffee Break Session with CEO of Karex Berhad: https://www.facebook.com/MYMRPMA/photos/a.123155413262970/233997495512...

newbie8080

2,485 posts

Posted by newbie8080 > 2021-12-10 10:41 | Report Abuse

When world largest glove maker Topglove started producing condoms, Karex don't stand a chance in terms of capability to scale and operating margins.

Posted by xiaoGinna6969 > 2022-01-10 18:49 | Report Abuse

https://archive.is/20220110041954/https://www.bloomberg.com/news/artic... 40% drop in condom usage/sales for Karex

Posted by TreeTopView > 2022-01-16 09:03 | Report Abuse

Let's see if this forecasted upswing in demand in 2022 translates to higher revenues and profit over the next two or three quarters.

All the Covid related hurdles such as supply chain restraints and increased shipping costs have been very detrimental to their business model. If they have been able to rectify some of those issues and are also expecting an upswing in demand then there might be some hope for the company to improve its balance sheet throughout the year.

https://www.theedgemarkets.com/article/top-condom-maker-karex-sees-202...

Fujisnow

70 posts

Posted by Fujisnow > 2022-02-21 20:31 | Report Abuse

coming QR will be good? con man.

Posted by MaluNegaraKu > 2 months ago | Report Abuse

So many die due to covid - less human to use condom

Posted by MaluNegaraKu > 2 months ago | Report Abuse

When covid , all MCO , GRO also no job, no money buy condom

shawn88

172 posts

Posted by shawn88 > 1 month ago | Report Abuse

康乐 最糟糕情况没过

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Roe v Wade court decision. US will ban abortion and thus need more condom imports from Malaysia. Obviously this is a bull case for this company since it is one of the biggest producers and has no ESG issues. Overweight on Karex

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Seriously, if Roe v Wade goes through in the US Supreme Court, condom demand will skyrocket. No Malaysian investor has discovered this yet. Good opportunity for speculation

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

No analyst will cover this type of news haha. Because in such a secular country, cannot talk about abortion haha

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Karex is literally the biggest condom producer in the world. Condom sales projected to explode 10x if the court case Roe v Wade is overturned by SCOTUS

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Buy the rumour, Karex Berhad

Posted by The_JQuestion > 2 weeks ago | Report Abuse

hmm interesting topic money stuck in some stocks tho cant goreng HEHE

Posted by The_JQuestion > 2 weeks ago | Report Abuse

haiyo mcm glove counter suda dont touch

Posted by wallstreetrookie > 1 week ago | Report Abuse

In a defeat that was all but inevitable, Senate Democrats failed to advance legislation intended to protect abortion access nationwide even if the Supreme Court overturns Roe v. Wade.
NYT

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