KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.83

Today's Change

+0.005 (0.61%)

Day's Change

0.82 - 0.845

Trading Volume

372,800


32 people like this.

11,895 comment(s). Last comment by minichart 6 days ago

Piggybank

132 posts

Posted by Piggybank > 2016-05-25 11:41 | Report Abuse

SELL!

Posted by kokchengkai > 2016-05-25 11:43 | Report Abuse

anyway latex price oledi retreat after sarawak state election

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-25 12:54 | Report Abuse

Run for yr life

Posted by thunderbird > 2016-05-25 14:56 | Report Abuse

don't trust the bullshit from CIMB lar, CIMB brought me to Holland many times.... don't believe 100%

Obsidian

38 posts

Posted by Obsidian > 2016-05-25 15:09 | Report Abuse

Guys, the results of these export counters all confirm not leng.
Currencies brought impact on these counters. Base on plain currency play, we can expect next quarter will has better results lo.

Buy karex is not aim for short short term play. Hold it to see results.
Condom business is not meant for 1quater, u cn use condom until age of 70, 80(if capable) xp

STC88

15 posts

Posted by STC88 > 2016-05-25 15:15 | Report Abuse

hehe drop further mean collect more, then close your eyes and wait

ufis

504 posts

Posted by ufis > 2016-05-25 18:06 | Report Abuse

SOLD the remaining 50% at 2.45 aver (yesterday at 2.48)..quite yummy for less than 7 days trading position..its all abt timing!!!
i dont waste time on useless n irrelevant analyses in current conditions..
will reload when opportunity presents itself again ..
wakakakikii

cooling

1,676 posts

Posted by cooling > 2016-05-25 19:04 | Report Abuse

this drop indicates the coming quarter results is shit

ampabella

1,378 posts

Posted by ampabella > 2016-05-25 21:52 | Report Abuse

less ppl used condom, charm lor then population going to grow another 20%

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-26 07:35 | Report Abuse

Today or tomorrow announcement.. 26/27... confirm bad... two chance to run

lulhunter

180 posts

Posted by lulhunter > 2016-05-26 08:48 | Report Abuse

Please sell and let me keep some!!

Posted by skylifttoptoptop > 2016-05-26 09:45 | Report Abuse

if result good, drop
if result bad, drop
if result so-so, drop

if u r buying for the next 3-generation, get your bullet ready. buy ka liao..

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-26 11:08 | Report Abuse

Buy ka liao... lose ka liao...

gift

397 posts

Posted by gift > 2016-05-26 12:21 | Report Abuse

RUN!

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-26 12:43 | Report Abuse

Even CIMB also say result not very good.. so long term investor will say CIMB is telling bullshit without evidence? Hmmmmm...

Stay at 2.0 for one quarter till next Q already. Ready for waterfall tomorrow.. after result out sure pour down all price

noobnnew

973 posts

Posted by noobnnew > 2016-05-26 12:46 | Report Abuse

Long term investor will say CIMB is speculating, they are only allowed to comment on Karex if they have result in front of them. If not you need to question the motive of CIMB analyst. They try to cheat you sell so they can buy more. Hahaha...Last but not least, they will tell you this counter is for long term.

kt888 88

313 posts

Posted by kt888 88 > 2016-05-26 14:03 | Report Abuse

The Edge Market already mentioned that Karex QR will be good. What are u guys still waiting?

Posted by Mohd Fahmi Bin Jaes > 2016-05-26 14:05 | Report Abuse

things that must to do is, sell before quarter out

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-26 16:26 | Report Abuse

Some people only read title never read content ahahahah

Posted by Appleby Loh > 2016-05-27 09:30 | Report Abuse

May I know what time the QR result come out?

Obsidian

38 posts

Posted by Obsidian > 2016-05-27 11:02 | Report Abuse

Apple, should be today..

Posted by Appleby Loh > 2016-05-27 12:41 | Report Abuse

Obsidian. Thanks. but when?

tan lucy

153 posts

Posted by tan lucy > 2016-05-27 14:55 | Report Abuse

report very bad. run before 4pm

Posted by kokchengkai > 2016-05-27 16:10 | Report Abuse

now oledi 4pm..what is the result?anyone attend the meeting?

Posted by Appleby Loh > 2016-05-27 16:27 | Report Abuse

where have meeting?

Posted by kokchengkai > 2016-05-27 16:37 | Report Abuse

no meh?they jst announce report thru website only...ooic..

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-27 16:42 | Report Abuse

Still no result.. expect very bad.. gap down next Monday.. haiz

STC88

15 posts

Posted by STC88 > 2016-05-27 17:02 | Report Abuse

still no news..

Alan Lam

31 posts

Posted by Alan Lam > 2016-05-27 17:22 | Report Abuse

so mistery

STC88

15 posts

Posted by STC88 > 2016-05-27 17:32 | Report Abuse

ehhh no bad wat

noobnnew

973 posts

Posted by noobnnew > 2016-05-27 17:33 | Report Abuse

I keep on mentioning bad report even wrote article ask ppl to sell. Now seems like I am correct, will see another sell down in Monday. Good luck guys.

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-27 17:47 | Report Abuse

Wtf revenue up but profit down so much ... good luck guys.. i didnt sell all.. die already.. gap down to 1.8 ....

Posted by Johny Khong > 2016-05-27 17:50 | Report Abuse

There may be a blip in d NPAT if u compare the q-on-q results. However if u look at the y-on-y results, it has exceeded previous year's results. Generally, Karex's results are not so very bad as claimed by some here.

CDYS

672 posts

Posted by CDYS > 2016-05-27 17:50 | Report Abuse

Result ok wat , why drop more ??

henry0420

35 posts

Posted by henry0420 > 2016-05-27 17:51 | Report Abuse

result worst than previous quarter, gg.com

Posted by Johny Khong > 2016-05-27 17:56 | Report Abuse

Cumulatively speaking, the EPS @ current qtr is still higher at 5.44 vis-à-vis last yr's 4.64.

gift

397 posts

Posted by gift > 2016-05-27 17:57 | Report Abuse

I choose to HOLD, not sell. The lower profit is due to foreign exchange loss. The company is still doing great in business expansion. I am confident on its future OBM segment and strong demand of condoms as stated in the report.

I will choose to add more if it can drop below 2. You may sell it next week if you have no confidence on this company anymore.

henry0420

35 posts

Posted by henry0420 > 2016-05-27 18:02 | Report Abuse

I choose to sell half and re-accumulate it during lowest price :-)

Posted by Johny Khong > 2016-05-27 18:08 | Report Abuse

I totally agree w @gift. Despite the unfavourable exchange rate and latex price during last qtr, Karex's YTD numbers are still looking very good. With d 3rd qtr results already in the pocket now, I see Karex hv no problem at all to exceed the FY2015's results. To those who wanna sell, pls do so swiftly early morning on Monday. I am very happy to collect more. Hehe...

Obsidian

38 posts

Posted by Obsidian > 2016-05-27 18:14 | Report Abuse

If 1.8, i will in kao kao...
revenue increase is very positive. Means Sales getting better.
have to study more what happened on profit drop before i make comment. Could be labour cost or whatever.
So for whoever wan to sell 1.8, pls PO now... ^^

Posted by Johny Khong > 2016-05-27 18:37 | Report Abuse

@Obsidian, it's mainly due to lower Other Income and higher Other Expense. I believe the FX losses are included in here. As for higher distribution and admin exp., there is very normal due to higher sales.

kahfai211

822 posts

Posted by kahfai211 > 2016-05-27 18:40 | Report Abuse

guys...use more condom please,profit drop liao lor

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2016-05-27 18:46 | Report Abuse

oh..shit... what a looser..

Posted by Appleby Loh > 2016-05-27 18:53 | Report Abuse

Economy bad, many businesses also make losses. It is normal. Karex will b survive in the bad economy condition.

Posted by shareinvestment7 > 2016-05-27 19:00 | Report Abuse

Please read the QR report. Although economy is bad, but Karex still has good business especially at condom segments.
For the third quarter ended 31 March 2016 (3QFY2016), revenue was higher by 23.6% or RM16.8 million as compared to the corresponding quarter in the previous year due to higher volume from condom commercialsales segment.
However, result from operating activities was lower by 35.1% or RM5.9 million as compared to
the corresponding quarter in the previous year attributable to foreign currency exchange losses of RM4.8 million as compared to foreign currency exchange gain of RM3.5 million in the previous year.

red_85

1,259 posts

Posted by red_85 > 2016-05-27 19:24 | Report Abuse

Karex. Bye bye. Blood bath next Mon. Alor of sell call by few groups

red_85

1,259 posts

Posted by red_85 > 2016-05-27 19:26 | Report Abuse

1 quarter eps 1 cents nia. 1 year 4 cents. If give high pe 30 , still just worth rm1.2...gg

red_85

1,259 posts

Posted by red_85 > 2016-05-27 19:27 | Report Abuse

Current price is pe 60 ..lol.. ridiculous high. No wonder fund house throw. Luckily I throw last month when got the expectation from my friend

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