Sometime I am wonder people who always ask people to sell can really earn the big profit from stock market? Are they really good in investment? Sori, mayb it is too rude! I am just curious.
For the past months, I hv been reading some ppl writing so much abt "the upcoming QR will be very bad". It turns out d matter has been terribly over-exaggerated. The picture they painted was so bad as if Karex's share price will crash after d QR is released.
If plan to keep fr very long term shud be no problem. But shud have very high selling pressure next monday. Short term may drop to rm 2. Hope won drop below it.
The pasante is very good brand compare to the previous acquired company, take alook on their product, im not a very good investor, but i know karex need a good brand to push up their sales.
If a company release result on Friday after 5 means that they afraid of market backlash. So come Monday they hope investors forget about bad result and won't sell. Karex disappointing.
Why worry so much? Karex isn't doing bad. The main reason of this result is due to foreign exchange loss, not because of the low demand of condoms or poor business prospects or operations. Karex is keep expanding now and growing in the right path with more acquisitions. OBM segment is the future big growth of Karex.
I could foresee that Karex is not only the largest condom manufacturer in the world, but it would like to have the largest market share in OBM segment in the future as well with ONE, INNO, Carex, TheyFit, Pasante and etc. ONE will go online soon this year in local market and will be available in Watsons and other shops in southeast countries these two years soon.
As a largest manufacturer, making lower cost of condoms is the big advantage in the OBM segment compared to the other brands.
@littlelolita, long term investors always hv got nothing to worry abt price fluctuations. Only short term traders and mkt speculators hv everything to worry abt as a 30% drop w cause them to vomit white foam quite instantly. In such a situation, only long term investors hv every reason to smile while keep collecting quality stocks like Karex at lower prices. Pls continue helping us long term investors to spread the words around to sell Karex. Hehehe........
i wish karex not only selling to world number one. karex also can sell to universal market to alien alien. expending market to universal is a must on future. : )
i wish karex not only selling to world number one. karex also can sell to universal market to alien alien. expending market to universal is a must on future. : )
4.74 was the highest, about 3.16 after bonus. profit drop 30% so price also drop 30%, then it is about 2.21.the best will drop to 2.20 only, the worse will drop below 2.00
@johny khong, for sure long term investors dont worry abt price fluctuation. but i wonder will long term investors worry abt fundamental change? such as latex price rising, strengthener ringgit, bad global economy etc. i was thinking buy after the report but after read the report i think i will pass this counter, unless something special happen. im quite pessimistic for karex. report showed much worse than i thought. since we kinda chat before, i highly suggest u better review karex. im not asking you to sell, just kindly suggest u review karex. buy and sell at your own risk.
@littlelolita, thks for yr suggestion. I strongly believe Karex's fundamentals r still very much intact. Mark my words, MYR will weaken further during tis quarter. Soon, u will flock back into Karex finding it attractive again.
The Board of Directors (“Board”) of Karex Berhad (“Karex”) wishes to announce that Karex Holdings Sdn Bhd, a wholly-owned subsidiary of Karex had on 27 May 2016 entered into a conditional share purchase agreement (“SPA”) with Lawrence James Boon (“Lawrence Boon”), Dominic Frederick Boon (“Dominic Boon”) and Paul Richard Boon (“Paul Boon”) (collectively “the Vendors” and each a “Vendor”) for the purpose of pursuing the proposed acquisition of 100% of the issued and paid-up share capital in Pasante from the Vendors (“Proposed Acquisition”)
If go down to 2...it is equivalent to rm 3 before split at price 7 to eight month ago after 2nd split....do you seriously believe it will become rm2? If karex current qtr result making net loss possible la
All along when they said tht Karex's share price w crash after announcement of a bad QR, I realize now it's their heads tht are actually crashing now. Why??? It's bcoz they had sold out earlier and wanting to get back in now. How phatetic and cheap can those losers be hving to resort to such scaring tactics just to make a few more bucks for themselves. So sorry for them.
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....
chooken
49 posts
Posted by chooken > 2016-05-27 19:31 | Report Abuse
it's neverrrr about the PE for this counter.. understand it properly