KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.915

Today's Change

+0.005 (0.55%)

Day's Change

0.885 - 0.92

Trading Volume

3,607,500


32 people like this.

11,896 comment(s). Last comment by fruitcake 3 days ago

Posted by Beerbeer88 > 2017-03-08 16:21 | Report Abuse

If a chairman feel the price is undervalue, he/she should buy more than 100k units.There are no new catalyst to push the price go up in short term. They have to perform on revenue and margin to convince. Export stock is not the theme play now.

1condum1

14 posts

Posted by 1condum1 > 2017-03-08 16:33 | Report Abuse

If the stock is expensive then what is it fair price?

Posted by Beerbeer88 > 2017-03-08 17:03 | Report Abuse

The PE should be max 25x not as high as 52x today. Too high not easy to digest.

red_85

1,259 posts

Posted by red_85 > 2017-03-08 20:05 | Report Abuse

based on last few days volume and txn style, i can conclude that some big leg is slowing disposing the share..they push high at morning to create fake rebound style to lure retailer in, then slowly exit after lunch..

red_85

1,259 posts

Posted by red_85 > 2017-03-08 20:08 | Report Abuse

this arshad who bought 100k is not those mgmt who managed the company la...their boss is chinese..this should be some sleeping member who get the director post due to malaysia stupid govn law.

red_85

1,259 posts

Posted by red_85 > 2017-03-08 20:10 | Report Abuse

their boss is GOH Family who stay in pontian...the big boss wife is my mom's friend..the big boss already passed the biz to their children to manage...

ruby828

1,000 posts

Posted by ruby828 > 2017-03-08 21:52 | Report Abuse

So meaning to say...this is not the time to buy?

Posted by Foon Lian Way > 2017-03-09 09:08 | Report Abuse

learn to read the graph. Karex currently down trend la ... good luck

http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=5247

xexlone

387 posts

Posted by xexlone > 2017-03-09 11:17 | Report Abuse

wait for wat, back things and chao lor!!!!! got free lunch meh....

sbzk

806 posts

Posted by sbzk > 2017-03-09 12:37 | Report Abuse

balik kampung tanam jagung, sorry is tanam rumput............ karex shame on you!

red_85

1,259 posts

Posted by red_85 > 2017-03-09 13:50 | Report Abuse

omg..so big dispose today..some big legs lazy to slowly dispose ? or no more support from retailer?

CoeiLim

5 posts

Posted by CoeiLim > 2017-03-09 15:04 | Report Abuse

any news come out? why big dispose?

Chanzeryl

78 posts

Posted by Chanzeryl > 2017-03-09 16:26 | Report Abuse

no hurry, should be stable around 1.50

1condum1

14 posts

Posted by 1condum1 > 2017-03-09 16:27 | Report Abuse

1.80 is the best price to buy?

Perry Lau

50 posts

Posted by Perry Lau > 2017-03-09 16:57 | Report Abuse

impossible can drop till 1.80

Posted by Insider News > 2017-03-09 17:03 | Report Abuse

PE more than 50... 高处不胜寒, 如果市场一烦躁,可能就直接插水到40,30,20,10....

Posted by Insider News > 2017-03-09 17:09 | Report Abuse

High PE means market expected high growing profits from its business, once the growing path has been disturbed, people will very easy to run away

Posted by Forwardmind > 2017-03-09 17:32 | Report Abuse

There is still a lot unconfidence player, let wait them to exit first before buy..

HowAh

963 posts

Posted by HowAh > 2017-03-09 20:00 | Report Abuse

Condom got hole ah

kkchoo79

159 posts

Posted by kkchoo79 > 2017-03-09 20:35 | Report Abuse

Just brought some today hope can see the return next quarter.

madguy

674 posts

Posted by madguy > 2017-03-09 21:00 | Report Abuse

@Beerbeer88 but now PE is 31.11

limch

3,262 posts

Posted by limch > 2017-03-10 06:06 | Report Abuse

Even media stocks eg Media Prima and MediaC pays good dividend how abt Karex?

kaede85

61 posts

Posted by kaede85 > 2017-03-10 08:26 | Report Abuse

Karex is a growth stock, therefore they're not known to have any dividend policy, only by company's discretion they distribute dividend. If you're eyeing for dividend in this counter, you know you're in the wrong place...

Posted by Beerbeer88 > 2017-03-10 08:59 | Report Abuse

madguy @.@. Which source indicate PE 31.11. Just refer to above near to graph

1condum1

14 posts

Posted by 1condum1 > 2017-03-10 10:24 | Report Abuse

Why suddenly have many volume want to buy? Is it illusion to confuse investor?

madguy

674 posts

Posted by madguy > 2017-03-10 11:14 | Report Abuse

@Beerbeer88 HL broking trading website lo

whats the real PE now ?

Greta

1 posts

Posted by Greta > 2017-03-10 11:36 | Report Abuse

Rubber price keeps climbing non-stop. The basic raw materials to make a condom goes up so much, how do u think its profit margins can sustain?

This FY17 still have 2 more quarters before conclude. After first 2 quarters, profits just RM 18m. Seems like profit will be a lot less y-o-y or even less than FY15.

Now PE is 51.7 so expensive. Why people so stubborn still buy this stock?

Posted by Beerbeer88 > 2017-03-10 12:13 | Report Abuse

Different people different view.
1) people buy on Karex biz setup and brand - still i think is overprice
2) people buy because they don't know what they are buying -friend say good then buy loh
3) people buy because they say USD is good for KArex to export Condom to Ang Moh to use - people say MYR is toilet paper mah

But as USD to MYR stood about 4.3 - 4.5 range since last year, no clear indication for this to boost Margin

Commodities (Rubber) in the market is on the bull trend.

ruby828

1,000 posts

Posted by ruby828 > 2017-03-10 16:24 | Report Abuse

There is a big chance it goes below 2.00 easily...

ampabella

1,378 posts

Posted by ampabella > 2017-03-11 00:11 | Report Abuse

Aiyoh yoh condom habis leow, what happened, a condom a day keep the baby away

red_85

1,259 posts

Posted by red_85 > 2017-03-13 02:25 | Report Abuse

no technical rebound sign ....gg this stock...

red_85

1,259 posts

Posted by red_85 > 2017-03-13 02:27 | Report Abuse

alot of funds are removing this fund from their portfolio causing the downtrend.. everyone lost hope on it...just wait until PE 20-30 only collect back if you are confident on their mgmt and future growth..i would advise 1.0-1.3 only safe

Chanzeryl

78 posts

Posted by Chanzeryl > 2017-03-13 10:49 | Report Abuse

bonus issue by karex consecutively in 2014, 2015 and 2016 is too much and has basically diluted its EPS into water...

CDYS

672 posts

Posted by CDYS > 2017-03-13 10:59 | Report Abuse

WHAT HAPPENING ?

bwulf

182 posts

Posted by bwulf > 2017-03-13 11:05 | Report Abuse

overvalued stock.

madguy

674 posts

Posted by madguy > 2017-03-13 11:22 | Report Abuse

wtf .... who keep on selling karex shares ??? zzzzz

nich0las

2,787 posts

Posted by nich0las > 2017-03-13 11:33 | Report Abuse

damm, tot bought 2.20 is the lowest. shlt, still going down. wang be den

1condum1

14 posts

Posted by 1condum1 > 2017-03-13 11:34 | Report Abuse

Karex management must be alert and control their cost operation and strategies. They should disclose the information about their sales and what is the challenge they are facing. The BOD must be sincere to their investors. High PE must be come out with solution.

1condum1

14 posts

Posted by 1condum1 > 2017-03-13 11:40 | Report Abuse

I think Karex management should open contingency meeting. The best solution is buy back their shares and work harder to increase its sales. This is the best commitment to the investors and the company.

hh488

29 posts

Posted by hh488 > 2017-03-13 11:41 | Report Abuse

Karex every yr around Mar/April announced bonus issues.

Will it do the same this year?

ks55_

569 posts

Posted by ks55_ > 2017-03-13 11:42 | Report Abuse

Cut loss now is better than later become RM 1.5. Rubber price shooting up behind Karex meltdown?

ks55_

569 posts

Posted by ks55_ > 2017-03-13 11:43 | Report Abuse

Better buy rubber stocks.

xexlone

387 posts

Posted by xexlone > 2017-03-13 12:56 | Report Abuse

luckily cabut last week!

red_85

1,259 posts

Posted by red_85 > 2017-03-13 13:52 | Report Abuse

karex mgmt also no confident on the sales and growth la..if they are confident, surely they will buy and support the share..no body can know actually what gonna to be happen in this business..they can only try the best to grow the company, but there are alot of factor involved..not you want improve then can improve..everybody also want to be successful and sometimes even after you tried, you will still failed!!

red_85

1,259 posts

Posted by red_85 > 2017-03-13 13:55 | Report Abuse

no body will simply buy back PE 50 stock...why mgmt have to waste company cash to buy back the share? share is just indicator only..their main work is to improve the business not manipulate any share price...if company perform good result, eventually share price will follow...if company perform bad and below analyst expectation, then share price will drop nonstop..this is what happen now..

red_85

1,259 posts

Posted by red_85 > 2017-03-13 13:57 | Report Abuse

if i am mgmt, i will use the cash to grow the company, not waste the cash to buy back share....mgmt/boss only need to make sure they still run the company, they hold enough of share to control the company and cash pool of the company...they still get their high salary...they are not depends on the share profit to have a better living..they can live luxury life by taking high salary from the mgmt of the company.

Posted by Godofinvest > 2017-03-13 15:13 | Report Abuse

Just run while you can. All these small rebound is just to trap new investors. Profit not up to standard for four quarters already, if the company is competent that won't happen for one year straight.

wolfied

2 posts

Posted by wolfied > 2017-03-13 15:23 | Report Abuse

Is it shorted by regulated short-selling. Observe their activity where they press down price in morning and buy back later in afternoon.


Date RSS Value (RM) RSS Volume
10-Mar: 78544 38000
09-Mar: 440503 210900
08-Mar: 71566 33400
07-Mar: 256190 118900
03-Mar: 93873 43500

red_85

1,259 posts

Posted by red_85 > 2017-03-13 15:34 | Report Abuse

yeah, besides fund selling, some fund also just shorted this share to earn more profit...as they analyst, this share is too overvalued based on the result, so everyone expect that it will drop until quite low point which is rm1 around..

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