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 6 days ago

curious2

1,812 posts

Posted by curious2 > 2017-02-14 21:30 | Report Abuse

Meaning Valentine day people no more using condXX?

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-15 13:58 | Report Abuse

Bcos of depreciated of ringgit cos ppl stress or PPP fun know how to enjoy their intercourse??

I still holding on it and I guess the price will drop to 2.30 b4 rebound. Or if the price break below, I throw.

Posted by ThunderCool > 2017-02-16 17:24 | Report Abuse

It still holding around 2.35. My 2.37 still okok... #mancingbursa, below 2.30 you throw, I will pick up. Kikiki....before CNY didnt fire gao gao, thus still got some bullet...Idle...

Posted by ThunderCool > 2017-02-20 12:59 | Report Abuse

Coming liao.... vrooom..... vroommmm.....

red_85

1,259 posts

Posted by red_85 > 2017-02-20 19:07 | Report Abuse

Lol..Still stuck la..

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-21 10:23 | Report Abuse

Stagnant.... put it on your watching list
5th days in a row

red_85

1,259 posts

Posted by red_85 > 2017-02-22 17:13 | Report Abuse

somebody expect upcoming result profit just around 7-8m...lets see true or not.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-22 23:45 | Report Abuse

What if distribute :2 and accumulate : 3 ??


Dont talk cock! Wait n see

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-22 23:46 | Report Abuse

What i know ringgit now very low..

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-23 13:29 | Report Abuse

Dun you ppl see the chart got anything different??

Posted by ThunderCool > 2017-02-23 19:17 | Report Abuse

Dont worry la. Just hold, Vivo also can come back, karex sure no prob one. Relax.. let them drive, we sit tight.

Posted by Gorengcounter > 2017-02-23 20:33 | Report Abuse

Cost saving use rubber band....Karex kaput

sbzk

806 posts

Posted by sbzk > 2017-02-23 22:17 | Report Abuse

use rubber band kuku easy injured

Posted by ThunderCool > 2017-02-23 22:24 | Report Abuse

Reduce frequency. 3 times wear Karex, 1 time use hand.

ccs999

674 posts

Posted by ccs999 > 2017-02-23 22:51 | Report Abuse

Agreed on reduce frequency. 3 times wear Karex, 1 time use hand.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 08:46 | Report Abuse

Usually the single need to save money and DIY itself, hand la i mean.

red_85

1,259 posts

Posted by red_85 > 2017-02-24 10:16 | Report Abuse

beware, another time of sell down due to bad report which gonna report these few days =X

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 10:33 | Report Abuse

I disagree, BB accumulate, the price action stagnant, today down for shaken weak holder, may surge up suddenly!

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 10:33 | Report Abuse

I also try my luck to buy the lowest

Posted by Forwardmind > 2017-02-24 10:51 | Report Abuse

Anyway will colect some when it go lower... confident with their management

hh488

29 posts

Posted by hh488 > 2017-02-24 11:53 | Report Abuse

This one every year gives bonus shares is it?

But dividends give very little despite cash generating.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 15:04 | Report Abuse

Haha depend on you.

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 15:05 | Report Abuse

2.32 and 2.30
tap tap tap.....

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 15:13 | Report Abuse

Add to 2.31, stlll waiting

joshuacfy

92 posts

Posted by joshuacfy > 2017-02-24 16:10 | Report Abuse

Now already 2.31...haha

red_85

1,259 posts

Posted by red_85 > 2017-02-24 16:31 | Report Abuse

lol..dont simply add..my source is true..you wait and see..i think sure down to around rm2

Posted by Forwardmind > 2017-02-24 16:37 | Report Abuse

Bought sone at 2.31...

red_85

1,259 posts

Posted by red_85 > 2017-02-24 17:18 | Report Abuse

see the report..another bad report...eps 1 sen...if x4, total eps 4sen..with current price, it was PE57++..ridiculous high, price sure slash to lower down the PE..high PE, low DY, what else to sustain the price? good future? lol..i dont think so.. mgmt keep controlling the price only, soon gonna crash

sbzk

806 posts

Posted by sbzk > 2017-02-24 17:27 | Report Abuse

karex dont see PE onela....... u dont see the value there

cngi

214 posts

Posted by cngi > 2017-02-24 17:28 | Report Abuse

we know how to make our judgement. no need to curse it if dont like this stock.

red_85

1,259 posts

Posted by red_85 > 2017-02-24 17:40 | Report Abuse

i am just telling you guys on the research and prospect i am seeing..better invest in other stock, dont trap here..do your own research, there are so many good stock out there, why so stubborn here

greatful

1,644 posts

Posted by greatful > 2017-02-24 18:22 | Report Abuse

If someone remember what i mentioned before, wait at 2.00 to 2.10. No need to be hurry to buy. More to drop to come.

Posted by ThunderCool > 2017-02-24 19:51 | Report Abuse

Sell share now, stock up karex condoms. The price going to increase. Else wait AGM, they will give you free condoms.

ryong92

384 posts

Posted by ryong92 > 2017-02-24 19:52 | Report Abuse

Eps 1. Gone

RainT

8,448 posts

Posted by RainT > 2017-02-24 20:33 | Report Abuse

Bad qtr again
Already continuously 4 quarter also profit drop
Seem like become real already

RainT

8,448 posts

Posted by RainT > 2017-02-24 20:35 | Report Abuse

But don't forget that recent quarter have the one off expenses again .....from the corporate exercise
Previous also corporate exercise expenses , now repeat again
So many corporate exercise

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 20:49 | Report Abuse

All matched at 4.12pm

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-02-24 21:28 | Report Abuse

Actually i didn't inform is i cancel the 2.32 to 2.31 and 2.30

Condoms is recession proof business. Think it again. Karex the world biggest condoms maker and the world have 7bil population. That's a huge business! The sex industry you can find it everywhere fr legal to illegal.

Some say AIDS can cure in later days but think bout it again the day after day the bacteria become stronger and stronger some even antibiotic resistant!! Do you ppl see that??

Do u ppl even hear super bugs?? Even some countries have untreated syphilis bcos of antibiotic resistant bacteria.Not believe goggle and check..

RainT

8,448 posts

Posted by RainT > 2017-02-25 10:21 | Report Abuse

After further analysis , Karex expenses increase a lot not in proportion of the sales increase

RainT

8,448 posts

Posted by RainT > 2017-02-25 10:24 | Report Abuse

For Q2/2017
Distribution expenses
YoY up 81%
QoQ up 48%

But sales
YoY up 1%
QoQ up 22%

RainT

8,448 posts

Posted by RainT > 2017-02-25 10:26 | Report Abuse

For Q1/2017
Even worse
Distribution expenses
YoY up 30%
QoQ up 23%

Admin expenses
YoY up 45%

Sales
YoY up 5%
QoQ down 3%

RainT

8,448 posts

Posted by RainT > 2017-02-25 10:30 | Report Abuse

This show that management fail to manage the cost
With the sales not increase much ....quite same only for Q1 and Q2 of 2017 but the expenses had increase much higher and faster than the sales
Cannot get sales but already spend more money

Going forward will same thing still happen ?
Also going forward still again any corporate exercise expense ?
If answer for both questions above is YES then is a SELL now
Come back later when next qtr see any improvement

Better keep money in other more good stocks

RainT

8,448 posts

Posted by RainT > 2017-02-25 10:44 | Report Abuse

To add on
Year to date 2017 distribution expenses already 79% from FY2016
But profit just 27% from FY2016 and sales 52% from FY2016
FY2017 profit high probability will be lower vs FY2016
Also now high rubber price will reduce margin

RainT

8,448 posts

Posted by RainT > 2017-02-25 13:42 | Report Abuse

AK1882
Any recommendations? Good counter for long term invest

red_85

1,259 posts

Posted by red_85 > 2017-02-25 14:32 | Report Abuse

Tons of counter are better than karex.. recommend liihen for you, do a comparison with karex then you know what is best..

RainT

8,448 posts

Posted by RainT > 2017-02-25 21:46 | Report Abuse

red_85
Liihen is part of my portfolio
Liihen is my 2nd largest

chernhung

178 posts

Posted by chernhung > 2017-02-25 22:25 | Report Abuse

Karex has acquired other companies and even have own brand now but all these are not reflected in the profits.. wonder what is going on. Last time i heard someone said Olympic will consume plenty of condom which will boost up Karex earning. seems like it did not happen.

RainT

8,448 posts

Posted by RainT > 2017-02-26 12:10 | Report Abuse

Chernhung
Are you joking ????
Olympic use more condom ???
It don't have direct impact la

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