KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.89

Today's Change

-0.01 (1.11%)

Day's Change

0.88 - 0.90

Trading Volume

377,800


32 people like this.

11,896 comment(s). Last comment by fruitcake 1 week ago

noobnnew

973 posts

Posted by noobnnew > 2016-05-12 17:38 | Report Abuse

I always emphasize that. It really depends you are which type of investor. Mid and Short can sell since expected bad QR. Long Term with huge holding power just hold and buy whenever it drop 10%.

genesis81

348 posts

Posted by genesis81 > 2016-05-12 17:39 | Report Abuse

When price increased too much in short span of time, it tends to go south due to profit taking. And if drops too much, the only way to go is north (unless the fundamental changed overnight). Which is very unlikely

tan lucy

153 posts

Posted by tan lucy > 2016-05-12 17:44 | Report Abuse

this is definitely an escape rebound, you better run run run run run
https://youtu.be/q_gfD3nvh-8?t=56

genesis81

348 posts

Posted by genesis81 > 2016-05-12 19:39 | Report Abuse

Malaysian market is like a trap to retail investor. You might get rich or super poor. Who give it a damn... not even SC

genesis81

348 posts

Posted by genesis81 > 2016-05-12 19:40 | Report Abuse

I believe many will be dumping this counter tomorrow.

Posted by Appleby Loh > 2016-05-13 00:58 | Report Abuse

Genesis 81. now u wan create rumor for urges people to sell. haha

Posted by shazali6609 > 2016-05-13 01:20 | Report Abuse

shooting star form today...trader will exit on friday...my 2 cents

Posted by Appleby Loh > 2016-05-13 10:23 | Report Abuse

Selling pressure coming

Posted by Forwardmind > 2016-05-13 10:35 | Report Abuse

Thanks for 1MDB

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-13 10:42 | Report Abuse

Create rumor? Or telling the truth.

Truth teller branded as rumor spread by "value investor" who hold at rm1 cost.

Then it really depends whether what news will drop their pants.

A bad QR? Oops

tan lucy

153 posts

Posted by tan lucy > 2016-05-13 10:58 | Report Abuse

told you better run run run run run...see now drop already la.. wakakakakiki

Posted by kiasuinvestor > 2016-05-13 10:59 | Report Abuse

tp 2.06

Posted by shazali6609 > 2016-05-13 11:04 | Report Abuse

lol...another down wave seem to be

noobnnew

973 posts

Posted by noobnnew > 2016-05-13 11:09 | Report Abuse

no worry, value investor will ask u to hold

Posted by kiasuinvestor > 2016-05-13 11:11 | Report Abuse

some malaysia airlines' shareholders were value investors once.

noobnnew

973 posts

Posted by noobnnew > 2016-05-13 11:14 | Report Abuse

I got no comment. When I ask people to sell, I got the allegation of creating rumor. I make my point pretty clear, don't catch a falling knife. Sell now, wait till the QR out when everything is stable then only comeback.

metroview

250 posts

Posted by metroview > 2016-05-13 12:04 | Report Abuse

@kiasuinvestor how you get tp at 2.06? base on your analysis?

Posted by littlelolita > 2016-05-13 12:08 | Report Abuse

bank negara just announce export drop 0.5% in q1 2016

Posted by Appleby Loh > 2016-05-13 12:23 | Report Abuse

Take your evidence come out kiasuinvestor!Hehe

tan lucy

153 posts

Posted by tan lucy > 2016-05-13 12:29 | Report Abuse

kiasuinvestor is base on uncle analysis. i saw the same tp also rm2.0573. wakakakakiki

Posted by Appleby Loh > 2016-05-13 15:00 | Report Abuse

Littlelolita. But condom export got reduce?

Posted by littlelolita > 2016-05-13 15:58 | Report Abuse

no specific detail on condom export. but i dont think so la. karex problem is latex price increase and ringgit strengthen. sales should be no problem. relax and wait it drop and buy cheap.

Posted by Appleby Loh > 2016-05-13 16:01 | Report Abuse

But I don't think it will go down further!

Posted by littlelolita > 2016-05-13 16:32 | Report Abuse

yea.. .latex price and ringgit is stable now.

Posted by superengineer > 2016-05-15 01:13 | Report Abuse

top up more on friday

xexlone

387 posts

Posted by xexlone > 2016-05-16 10:00 | Report Abuse

2ringgit come come mari come....

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-16 10:08 | Report Abuse

Oops....

Posted by choonhong > 2016-05-16 11:50 | Report Abuse

can someone pls advice why currency is strengthen but share price drops. (raw material in RM, OBM product selling in USD). I understand the price of latex is high at RM5/kg (Bulk). But compare to the currency, one pcs of condom on few grams, shouldn't the share go up?

JN88

11,670 posts

Posted by JN88 > 2016-05-16 11:51 | Report Abuse

Because buy low people let go Liao. This is the only reasons. Anyone can share more?

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-16 15:20 | Report Abuse

Estimate 10 days till QR

foodie

535 posts

Posted by foodie > 2016-05-16 19:53 | Report Abuse

Choonhong, last yr many export ctrs profited fr very strong usd. Now rm stabilized. No more sky rocket profit margin for export ctrs.

Posted by littlelolita > 2016-05-16 20:13 | Report Abuse

coming report is jan-mar, and going to be ugIy. oct-dec15 ringgit was 4.2x-4.4x. now ringgit only 4.0x. you expect jan-mar and apr-jun will performed/perform better?? karex is still a good company but external factors are unfavorable now.
latex price was rm3-rm4/kg. today is 4.93,this month is rm5-ish/kg. kinda stable there. a condom weight is less than 2grams. but remember condom is 100% latex. this years latex price is increased almost 50%. latex is about 20% of the manufacturing cost. so cost is increased 10%.
currency dropped about 10% and cost is increased about 10%, tell me why share price should go up.
i have not factor in the minimal wages yet. but i think not a big deal to karex, majority of the production is machinery.

cooling

1,676 posts

Posted by cooling > 2016-05-16 21:31 | Report Abuse

don't die last one standing

tan lucy

153 posts

Posted by tan lucy > 2016-05-16 23:12 | Report Abuse

anyone know why aunty yy keep buying karex when karex is dropping. she holds any secret??

Posted by Appleby Loh > 2016-05-16 23:46 | Report Abuse

I will keep buying whenever it is cheap!

Posted by shazali6609 > 2016-05-16 23:54 | Report Abuse

how many you can buy? ? haha..

Posted by shazali6609 > 2016-05-16 23:55 | Report Abuse

who is the aunty yy? some fella just stubborn buy nonstop eventhough bad news is there...they want to lose money, we cant control them

Obsidian

38 posts

Posted by Obsidian > 2016-05-17 00:05 | Report Abuse

Report fugly, beauty, bombastic up and down also nvm laa. As we expect will affected by currency rate already what.

We buy condom company aim for long term de ma. Vaccine getting weak, virus getting strong. Doctors can verify this de. Report wise might no, buy my doctor friend told me this. So i choose to believe lo..
Remem to buy whenever gt ppl panic sell, then hold...and wait.
Olympic coming, world cup coming, imagine the brazil market lo.. <-- I blow water only.

Posted by Appleby Loh > 2016-05-17 00:12 | Report Abuse

when people are happy, i fear. when people are fear, I greed!

Posted by Appleby Loh > 2016-05-17 00:23 | Report Abuse

Billionaires and millionaires are not made in one day! Near term u may see yourself as loser but in long term it mayb different!

lulhunter

180 posts

Posted by lulhunter > 2016-05-17 09:03 | Report Abuse

If you see the graph, each time after bonus issue, it will drop abit, then next is rise.

miracledy

252 posts

Posted by miracledy > 2016-05-17 09:22 | Report Abuse

Agreed !

Posted by littlelolita > 2016-05-17 09:39 | Report Abuse

each time after bonus issue, latex price was drop, then ringgit was weaken. that was the reason it rose. but this time is ringgit strengthen latex price rise

Posted by littlelolita > 2016-05-17 09:48 | Report Abuse

fear and greed is hard to differentiate. when people are fear u greed?? arent u people also. how u know people are fear now?? all i can see is people still greedy to average down.(i could be wrong, this is only base on feeling)

Obsidian

38 posts

Posted by Obsidian > 2016-05-17 10:11 | Report Abuse

Correct, So 1st of all, let my fear to swallow my greed 1st.
Else, i will cont to top up when i see "chansi"

Posted by Johny Khong > 2016-05-17 18:14 | Report Abuse

Hello people... I witnessed smtg today. Despite some persistent and rather aggressive selling activities twrds end of trading today, I can see strong buying interest to push d price back up swiftly again to close at 2.34 just goes to mean only one thing: others r happily collecting Karex ahead of d upcoming QR announcement. Dun be fooled by those speculating of a bad upcoming QR. In reality, I believe 98% of Karex trades r carried out by medium-to-long term investors who truly cud see Karex's attractive valuations in the near term.

Posted by Appleby Loh > 2016-05-17 20:28 | Report Abuse

Johny Khong. Don't tell them! Just keep silence, let them regret!

Posted by i33investor > 2016-05-17 21:10 | Report Abuse

Karex last support 2.27...

Posted by i33investor > 2016-05-17 21:10 | Report Abuse

aim for future company..

Posted by i33investor > 2016-05-17 21:18 | Report Abuse

karex plans more acquisition by this year & relaunch TheyFit condoms online in August or Sept..

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