@johny khong what support your statement that coming qr is good?? most people speculate coming report is bad as the ringgit strengthened and latex price increased. who fools who?
this johny khong keeps talking good about karex base on nothing one la. so many facts show karex coming report is bad and he says long term investor and dont care. i dont care i just want to express on internet.. wakakakakiki what a logic
i sold all my karex shares back to end of jan, about 4.40ish before the bonus issued. i think equivalent about 2.90ish now. at that time i already said karex is overvalued but i kena shoot by all the blinded supporters. (i do admit at that time im not 100% sure im right, i just thought im right). i think it proved i was right as now is 2.34, external factors turn bad, sure will impact company, just the matter of time. i think karex is fair valued now, but why buy a good company at a fair price at a bad market. when market is bad, you should get a discounted price for a good company, not a fair price for a good company. internal factors still good but people never realise the external factors already changed. no point to buy or sell now, wait until report out, we will know should buy or sell. too late to sell and too early to tell is a good or bad buy for current price.
@littlelolita & @tan lucy, u ppl and d rest who r screaming hard ONLY NOW abt bad QR due to strengthening of MYR and latex price r very late in doin so indeed and also, r really not thinking fast enuf. The market is definitely thinking much faster and many steps ahead than u ppl tht it w leave ppl like u biting d dust eventually. Everyone in d market already knew d MYR and latex price hv strengthened during last quarter (if I'm not mistaken, u ppl started screaming abt it since late Apr 2016???) and they w negatively impact Karex's financials. If u go look back at d stock chart, Karex's share price has been adjusting constantly in anticipation to d strengthening of MYR, latex price and bonus issuance since late Jan 2016 until now. Your concern abt strengthening of MYR and latex price affecting d upcoming QR has already been discounted by d market by now.
@littlelolita, pls help me recollect which earlier statement of mine if any, tht I suggest coming QR is good. As far as I cud remember, I did not speculate at all tht d upcoming QR w b good or bad. It is u ppl who did tht all along.
Wat I remember writing all along is to ignore all d noises abt bad upcoming QR and all other craps posted in here and, had encouraged others to focus on being a medium-to-long term value investor in Karex.
@johny khong buy and sell at your own risk la... just like obsidian he thinks good deal he buy loh. no point to talk only. i show your all the figure and u talk with mouth only. if you show me your figure i will believe. we are here is to discuss, so we know this is good stock or bad stock. but you just talk with mouth how i believe?? just like i said karex will worth 10sen only. no one will believe too. no figure back up. like i said now is too late to sell and too early to tell good deal or not. unless new info come in.
I concur with littlelolita. Sell also no point, loss too much, buy not a good choice. At least wait till QR out. I don't understand why keep on asking people to buy now. If QR bad will drop further, won't it be better to buy then?
@littlelolita, YES!!! Buy and sell at your own risk. My figures and yours dun differ a whole lot. Just tht, wat I said was dun speculate too much now. Also, I'm writing to encourage those with holding power to continue holding Karex and not to sell blindly purely based on speculation. Just wait for the QR to b announced and then, decide to buy or sell. But, u wrote so much asking d whole world to sell Karex as u had speculated a bad upcoming QR. Why bother to speculate now? Then, some jokers came in to say tht they like to say whatever they like here. No one is pointing a gun into my head and bla... bla... bla... Then, wat can I say?
@noobnnew, I didn't keep asking people to buy now. Pls read properly and understand wat I wrote earlier. I said Karex is a quality stock which is good for medium-to-long term investment and do not sell blindly purely based on speculation.
The way u guys depicted here as if d upcoming QR is soooooooooo bad tht a meltdown in Karex's share price is very imminent. Why??? So tht, u hope other weaker investors w become panic chickens for u to slaughter all d way to yr bank?
For u guys who do not know, actually there r principles for making money around us. Do it in a gentlemanly fashion and not by resorting to any intimidation and strong-arm tactics just bcoz u hv some advantage over others. Tht way, wealth w not stay w u for too long.
so now no free speech? When I think is overvalue I cannot ask people to sell? Analyst can say buy, hold or sell but I cannot? I just express my opinion and said that you should sell but I didnt ask you to follow me blindly. Maybe next time we should all suggest analyst to said for long term investment u need to hold on to every stock you own. Because eventually everything will go up in long term.
guys guys..... uncle johny always extremely defensive when it comes to karex one. if ask question whether should sell or not, he shoot ppl dont ask stupid question. btw johny can express his opinion like a waterfall but others must shut up and sit quiet quiet. if u say something opposite him he will say u no ethics. haha. this is johny Thread.
U dun understand d meaning of 'speculate'? Wats yr motive to speculate? To help others? If u hv d published QR in front of u now, then u can express whatever free speech u want bcoz tht is not speculating. Obviously, I will not follow u blindly coz yr credentials r not anywhere near close to b recognized by others.
Johnny Kong, today's RHB research downgraded TAANN to Sell. In the report, it says it expects plywood price and log to fall. Besides, TAANN also faces competition from Solomon Islands which sells cheaper logs to its main importer, India. However, until May, Lumber and Africa/ Southeast Asia Plywood price is still increasing, plus TAANN is producing quality logs which aim for higher price. Today might be EPF selling + people dispose due to downgrade by RHB + panic selling. Tomorrow is AGM, hope got good news which support the price. Just my 2 cents.
Please go and ask the RHB analyst wats yr motive to speculate in TAANN? To help others? If u hv d published QR in front of u now, then u can express whatever free speech u want bcoz tht is not speculating. Obviously, I will not follow u blindly coz yr credentials r not anywhere near close to b recognized by others.
Before we publish article we already mentioned a lot of times we based on our best knowledge and doing guess work. Do I ask you to follow me?I just express my opinion. If you don't like you can write an article to ask people buy. But don't finger pointing here. There are no absolute valuation here. So, if I sell means I think overvalue and if other guys buy from me he or she might think is undervalue. Market is a zero sum game.
according to uncle johny logic, you cant speculate about company having bad short term, but you can speculate having good mid-long term... wakakakakiki what a logic uncle johny you can hold it, no one tell you sell, why you care about others sell or not sell?? you scared the price drop?? wakakakakiki if you are very confident about karex, when drop you should learn from appleby loh sapu sapu to average cost.
eventually everything will go up in long term?? malaysia airlines shareholders wished the same.
noobnnew so now no free speech? When I think is overvalue I cannot ask people to sell? Analyst can say buy, hold or sell but I cannot? I just express my opinion and said that you should sell but I didnt ask you to follow me blindly. Maybe next time we should all suggest analyst to said for long term investment u need to hold on to every stock you own. Because eventually everything will go up in long term. 18/05/2016 11:58
talk to Johnny, I am here because I had been finger pointing. He is the loyal supporter, seems like don't understand the concept of never fall in love with a company.
Aiyoyo. Y quarrel at here? All are KArex fans don't blame each other. We should unite at here. Discuss only Karex matters. Do not blame each other! Don't use MAS as an example. Chinese control business are different from the bumi. Don't make people chicken hearted to read your statement!
johny khong.... my top chartist said 'current downside' is 2.27 while the 'upside' is 2.85 - 3.15... my small brain says i can lose 5% but the potential gains is 20%..now my kok is standing up... recommencing to raise my position in this superb co... will nibble, tickle above 2.37 ONLY with a "trading" strategy/position in this round... u will see a bigger buying volume at the close...
KAREX (Not Rated). Yesterday, KAREX surged 9.0 sen (3.86%) to close at RM2.42. The share price seems to be able to find some strong support at RM2.27 (S1), as it attempted to stage a rebound play yesterday. MACD histogram is looking to stage a bullish crossover, while strong uptick in Stochastic from its oversold region is indicating a sudden surge in buying momentum. Nonetheless, we observe that the share price could face another headwind soon exerted by its downtrend resistance line. Thus, we advise investors to look out for a decisive breakout above the downtrend resistance line at RM2.48/2.50 (R1), which could offer an opportunity for the share price to climb further up towards RM2.74 (R2) next. Failure to break the aforesaid level could result in the share price resuming its downtrend trajectory towards RM2.27 (S1) and possibly RM2.00 (S2) further.
better wrap it up tight! whoops, i meant, better hang on tight. hopefully will be able to afford condom with profit. otherwise, have to go to 1Malaysia clinic for free condom.
bought at aver 2.37..pls refer 19/5 posting SOLD 50% at 2.48 today n will SELL the rest tomorrow.. tq "tokkok"..thats my chartist's nickname.. why so easy to be in the money in karex?? wakakakikii
Karex will be releasing its 3QFY16 results on 27 May 2016. We expect sub-par earnings performance as the operating environment has turned unfavourable. ■ In 3QFY16, the RM strengthened against the US$ by 9.2% qoq, while latex prices increased by 33.1% qoq. Latex costs constituted 28% of total cost in FY15. ■ Hence, we lower FY6/16-18 EPS by 11.5-15.4% and switch our valuation methodology to DCF to better reflect the intrinsic value of Karex’s OBM segment.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Watoexpect
37 posts
Posted by Watoexpect > 2016-05-17 22:12 | Report Abuse
So is Johny saying don't care upcoming QR. Near term not going to rise like last time. Will take its own sweet time.