Posted by batman11 > 2016-06-30 16:40 | Report Abuse

Topglov in cdm if even possible, will only be a minority player.

Posted by batman11 > 2016-06-30 19:06 | Report Abuse

Yesterday today same 2.41 Karex plats well this week.

Posted by aa890804 > 2016-06-30 20:11 | Report Abuse

batman11. Here is the link.
http://www.freemalaysiatoday.com/category/nation/2016/06/29/top-glove-may-enter-condom-business/

Posted by batman11 > 2016-06-30 22:01 | Report Abuse

Thanks!

Posted by Johny Khong > 2016-07-01 02:44 | Report Abuse

Haha... similar news tht Top Glove is interested in condom biz has resurfaced again. Will Karex b its target acquisition? Shall wait to see if it holds water.

Posted by batman11 > 2016-07-01 09:47 | Report Abuse

So sooner or later, rubber product giants would try to move to this business, which is a golden niche for them to capture. Karex now and in near future/decade would still be the major player in this area. That's strong enough reason to invest in this company :)

Posted by chernhung > 2016-07-01 10:27 | Report Abuse

too early to worry about Top Glove would be Karex competitor. I dont really believe those news until Top Glove really take action. So long Karex is on the right track of expanding, it should be fine.

Posted by aa890804 > 2016-07-01 10:34 | Report Abuse

I worry TopGlove will buy Karex!

Posted by batman11 > 2016-07-01 11:09 | Report Abuse

Nothing to worry about. Both are rubber players and Malaysia has a niche in this area. It is better to be specialized, so Karex win in this regards.

Posted by Bino Caka > 2016-07-01 11:31 | Report Abuse

dont waste your money in this rubbish export counter..if you really want play export counter, sailang LIIHEN...ways better, their growing sales revenue can cover the foreign currency exchange losses..if foreign currency exchange good , they will earn more..

Posted by aa890804 > 2016-07-01 11:31 | Report Abuse

Hope Karex will acquire more acquisition at Europe or Britain.

Posted by ThunderCool > 2016-07-01 11:49 | Report Abuse

Didnt see big shark selling, all small fish take duit raya? Yesterday got big push up last min before close. Show will start after lunch. Sit tight. Too early to cut profit. still will up de.

Posted by batman11 > 2016-07-01 11:57 | Report Abuse

@Bino Caka You really think by playing export counter we really do not have any holding of LIIHEN stock? You spend the whole life buying only ONE export counter(S)? Furniture is one, rubber is another. If A does not perform well, we sell a portion of it to buy B, not totally quit and jump boat (or pot).

Posted by batman11 > 2016-07-01 11:58 | Report Abuse

Karex acquisitions already is promising, now it is time to focus on operations management and enjoy the reaps.

Posted by Tigerbeer > 2016-07-02 14:06 | Report Abuse

Haha.. pull up to dispose?

Posted by batman11 > 2016-07-02 14:18 | Report Abuse

I mentioned: "wait for the price to recorrect itself first before buying", now it is stabilized at 2.3x means this price is the true valuation of buyers on Karex current price after Brexit.

Posted by batman11 > 2016-07-03 10:28 | Report Abuse

I have posted new commodity charts to my blog at http://commodity-weekly.blogspot.my/. The MYR has strengthened to the pre-brexit value and rubber price remain low compare to 300 days historical. Still ok for rubber counters to make money.

Posted by Johny Khong > 2016-07-03 11:07 | Report Abuse

MYR strengthening is just temporary. Currency fluctuations shud not b a primary criteria for analysis. U only adjust yr analysis for it if d fluctuations r significant. Other than tht, u just ignore its small volatility.

Posted by batman11 > 2016-07-03 11:16 | Report Abuse

Thanks Johny. Yes, I totally agree. We can use currency volatility to judge if we should accumulate. As currency becomes volatile (either up or down), the market would give Karex wrong valuation, so it is better to wait a little bit before accumulating. Say for Brexit, the market has valued it up to 2.4x over the last few days, which is too fast. Now it re-corrected itself and stabalised to 2.3x. The actual price increase for Karex is then from 2.2x (before Brexit) to 2.3x. I practice value investing and have so far been accumulating and not selling great portion of Karex yet. So I like to see the market re-corrected price to increase as we have now. Cheers.

Posted by Johny Khong > 2016-07-04 03:50 | Report Abuse

Thts a smart investment strategy.

Posted by ThunderCool > 2016-07-04 15:56 | Report Abuse

So today push up to 2.39 now is a trap? volume very low today. I q sell first, ok?

Posted by batman11 > 2016-07-04 16:37 | Report Abuse

You can of course do whatever you like ThunderCool, it is a market.

I don't see 2.3x as a trap as I am a trend trader. In fact, it spikes up to 2.41 now. I would just wait it stabilized to buy more. So far, I have already bought at all computed price points around 2.0x to 2.4x. My calculation proceeds up to 3.xx before deciding to sell or engaging into a new series of pre-computed price pints again. Still a long way to go.

For those who wish to buy now, wait for the short term pullback before accumulating, it should be around 2.3x to 2.40.

Posted by ThunderCool > 2016-07-04 18:24 | Report Abuse

Thanks, tomorrow will take out some profit first. Then use it to trade between resistance and support line. Last week it pull back did shock me. So keep some cash better. Come on, up tomorrow ya.

Posted by batman11 > 2016-07-04 18:27 | Report Abuse

Good luck ThunderCool.

Posted by batman11 > 2016-07-04 21:47 | Report Abuse

I ran my DIY technical analysis tool after getting home from office and found that Karex may soon have a breakout.

Not making a buy call here but I think trend trader/investors favouring this stock should watch it closely these days/weeks.

Posted by ThunderCool > 2016-07-04 22:04 | Report Abuse

Really? then wait first loh. Hehe, because i got no sign at this moment. Got sign to drop, but got sign to up also. Wait a bit longer and see got raya effect?

Posted by batman11 > 2016-07-04 22:47 | Report Abuse

It is cutting its own SMA50 and SMA10, 20 is forming a golden cross. A bottom C is also formed around the SMA50 line. If the current market valuation is valid, it may start to trend up.

But it is always good to wait for the pull back for accumulating. As for your case, since you are planning to sell some for profit taking, you could make use of the current impulsive spikes too.

All the best.

Posted by batman11 > 2016-07-04 22:54 | Report Abuse

The current closing price is above its SMA50 of high too. A good sign of strong up-trend momentum. I'll keep watching for the coming trading days.

Posted by ThunderCool > 2016-07-05 00:26 | Report Abuse

Just heard the news Karex completed the acquisition on Pasante with cash nearly Rm36mil. So it didnt really take advantage on weaker pound.. That indicated the other way round of effect with earning forecast from Pasante will be lower. Dilemma..Tomorrow take portion la.. Push a little bit higher, i want to cash out little only.

Posted by batman11 > 2016-07-05 04:36 | Report Abuse

I would focus at how much revenue Pasante could bring later, as the market share of Karex has certainly expanded after the purchase and have more buyers from him later on. The acquisition money spent was really for this positive reason. You can of course take profit now if the price look correct to you. Good luck.

Posted by chernhung > 2016-07-05 08:46 | Report Abuse

ThunderCool where you got Pasante earning forecast?

Posted by batman11 > 2016-07-05 10:07 | Report Abuse

Ah good point. We can check also if Pasante has been a profit making company. Normally when a company buy another profitable company, share price would increase.

Posted by ThunderCool > 2016-07-05 10:30 | Report Abuse

Sold, today bursa half day only. Play defend.

Posted by ThunderCool > 2016-07-05 10:46 | Report Abuse

Today half day plus friday still in holiday mood, so better stay low to catch contra trader. Happy holiday and happy trading.

Posted by batman11 > 2016-07-05 11:42 | Report Abuse

Ok. Happy holiday to you too.

Posted by miracledy > 2016-07-05 12:10 | Report Abuse

All, Happy holiday.... !!!

Posted by batman11 > 2016-07-06 09:39 | Report Abuse

Hey I found Pasante http://www.pasante.com/ is a distributor of Seba Med. This product sure is a money-making one besides condom. If you don't understand why, try ask if wife or girl friend know this product or not :D

Posted by CDYS > 2016-07-12 15:26 | Report Abuse

who can answer me, it is go hope up again ? i am not long term investor

Posted by kinfatt999 > 2016-07-12 20:09 | Report Abuse

karex ,what happen on you, every1 happy shoot high high, and u r ddown:(

Posted by Appleby Loh > 2016-07-12 20:43 | Report Abuse

Speechlesd

Posted by Shadowheartz > 2016-07-12 21:28 | Report Abuse

what is yr average price?

Posted by Johny Khong > 2016-07-12 22:10 | Report Abuse

u all shud hv confidence in Karex and do expect the unexpected real soon...

Posted by batman11 > 2016-07-13 02:25 | Report Abuse

If you are short term player, wait for the price to have a pull back only enter a position. Once rebounce is confirmed, set a selling price which is your targeted price. Do not enter blimdly and expect easy profit. This counter is more for long-term investment.

Posted by littlelolita > 2016-07-13 10:46 | Report Abuse

all factors are still the same, no reason for karex to up.

Posted by batman11 > 2016-07-13 12:56 | Report Abuse

A stock price would rise only when the buyer value it high and the sellers are taking profits in the same time. In another way, the seller may have made an overly low valuation on it and the buyers think the low price are golden opportunity to buy, then the price would drop. Will Karex have another reason to go up again? Certainly yes. It is the world largest CDM maker with convenient control and access to rubber supplies.

Posted by Johny Khong > 2016-07-13 21:33 | Report Abuse

Today is a good day to buy-in or accumulate more in anticipation of a price surge soon.

Posted by batman11 > 2016-07-13 22:44 | Report Abuse

Sure

Posted by ThunderCool > 2016-07-14 20:25 | Report Abuse

My Short term still not call for buy yet. Still see short term bearish sign. Wait further. Can collect cheaper. Worst is miss one boat, rather bought a ticket to holland. Play safe!

Posted by ThunderCool > 2016-07-18 15:15 | Report Abuse

Come back first, wait for me.

Posted by Johny Khong > 2016-07-18 18:59 | Report Abuse

Looking fwd to a gap up tmrw.