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 5 days ago

pussycats

7,640 posts

Posted by pussycats > 2017-06-16 17:25 | Report Abuse

Ask male how to wake karex up ... kikikiki

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-06-17 22:16 | Report Abuse

karex are large condom maker in malaysia https://www.facebook.com/cnainsider/videos/1413670275322312/
i think they songlap

tan lucy

153 posts

Posted by tan lucy > 2017-06-17 23:20 | Report Abuse

karex is not large condom maker in malaysia
it is the largest condom maker in world

Posted by nickthebest > 2017-06-18 10:40 | Report Abuse

Seems like building base at 1.80

funsapple

20 posts

Posted by funsapple > 2017-06-19 12:58 | Report Abuse

big shark is eating share in open market

778899

338 posts

Posted by 778899 > 2017-06-20 09:02 | Report Abuse

@tan lucy : who is aunty yy ?

Hh5519

561 posts

Posted by Hh5519 > 2017-06-20 11:27 | Report Abuse

Will karex go further, seems like... Anyone can share

HamzahB

99 posts

Posted by HamzahB > 2017-06-20 13:56 | Report Abuse

SHAH ALAM: The world's top glove maker, Top Glove Corp Bhd is planning to manufacture condoms for the export market with an initial investment of RM30mil.

Executive chairman Tan Sri Lim Wee Chai said this was part of Top Glove's diversification to expand its business.

"It's a good business to go in as in terms of price-earnings valuations it's very high," Lim said on the sidelines of the company's third quarter results briefing for the financial year 2017 on Tuesday.

Lim said Top Glove intends to build the factory on a five acre site in Klang.

The RM30mil investment will be for building the plant and machinery. It will kick off production with 20 lines first.

The company is targeting to set up the plant a year from now.
Read more at http://www.thestar.com.my/business/business-news/2017/06/20/top-glove-now-eyes-condoms-for-exports-capex-rm30m/#8QXqEq5c53wdQsFA.99

will it impact Karex market?

Posted by hunterx2010 > 2017-06-20 14:14 | Report Abuse

karex market share will be dropping with new competitor... yet top glove is one of the biggest biz partner in medical industry... where will karex position itself? if karex still dont change its strategy i think it would buyout by topglove

Posted by stockistlearner > 2017-06-20 14:30 | Report Abuse

karex recent performance mostly hit by the surge of raw mat price. introduction of new competitors will not give too much of the impact as karex is eyeing on worldwide market and they are in the leading position. even top glove venture into the condom market, they only can chip in after plant is fully setup. that is a year from now.

wiki123

2,447 posts

Posted by wiki123 > 2017-06-20 14:30 | Report Abuse

what is Karex's total production capacity currently? How many production lines do they have?

keng88

2,775 posts

Posted by keng88 > 2017-06-20 14:34 | Report Abuse

Topglove pun nak product condom liao...

wiki123

2,447 posts

Posted by wiki123 > 2017-06-20 14:52 | Report Abuse

I think the last I read is 6b capacity. Wow, topglove now invest want to get 1b capacity, 17% of Karex using RM30million.

carurhead

211 posts

Posted by carurhead > 2017-06-20 15:17 | Report Abuse

Sell now, the price might drop 1.60 and below. Rubber price has increase first half of this year compare to last year and it increase the cost of raw material and reduce the profit.

Carurhead
Success People see future

Virgin

8 posts

Posted by Virgin > 2017-06-20 16:39 | Report Abuse

Not a good time for condom company ?? I am still a virgin LOL

Cy Ong

36 posts

Posted by Cy Ong > 2017-06-20 19:30 | Report Abuse

Topglove vs karex... who will win??

Posted by Tham Hoe Yean > 2017-06-20 21:08 | Report Abuse

Topglove have better distribution channel all over the world.

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-06-20 21:56 | Report Abuse

People buy more milk powder than buying condoms at the moment.

Junichiro

2,057 posts

Posted by Junichiro > 2017-06-20 22:26 | Report Abuse

The key is the price of raw materials. The same applies to Top Glove.

yesyesyes

728 posts

Posted by yesyesyes > 2017-06-20 23:57 | Report Abuse

Karex introduce nasi lemak favour .. creative !
http://www.sinchew.com.my/node/1654344/

HamzahB

99 posts

Posted by HamzahB > 2017-06-21 10:02 | Report Abuse

The key is the management.

Top Glove hard at work finding new revenue streams, Karex only know how to introduce stupid condom flavour.

Posted by Appleby Loh > 2017-06-21 10:25 | Report Abuse

Actually it is good if Karex have new rival. Because they always sleep.

Doer

423 posts

Posted by Doer > 2017-06-21 10:32 | Report Abuse

any chance going below 1.70...em...

deep

55 posts

Posted by deep > 2017-06-21 10:39 | Report Abuse

cut loss.

Posted by stockistlearner > 2017-06-21 12:00 | Report Abuse

if today cant close back to 1.75, then it has potential go even lower.

Posted by Lester Teow > 2017-06-21 14:30 | Report Abuse

Top Glove to kick off condom business next year
http://www.theedgemarkets.com/article/top-glove-kick-condom-business-next-year

foxyzz

46 posts

Posted by foxyzz > 2017-06-21 15:01 | Report Abuse

condom kick off next year la..this year no condom yet..

ginvin

206 posts

Posted by ginvin > 2017-06-21 17:20 | Report Abuse

market will react and adjust karex pe lvl very soon... see how it goes

ccssam

155 posts

Posted by ccssam > 2017-06-21 17:40 | Report Abuse

ceo busy for publicity already, no need focus on business already

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2017-06-21 20:13 | Report Abuse

Karex- Where values come from

http://musingzebra.com/karex-where-value-comes-from/

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-06-21 20:13 | Report Abuse

goodbye karex. done not well how to fight legend lim pek

pussycats

7,640 posts

Posted by pussycats > 2017-06-21 23:16 | Report Abuse

Karex susah, abang Top Glov masuk buat condom. I buy Karex if Karex PE not high.

AK1882

89 posts

Posted by AK1882 > 2017-06-22 01:59 | Report Abuse

Stupid karex ......diversify your business by manufacture glove...too follow Top glove...give dividend...to shareholders.......and implement buy back company shares scheme......

Posted by Sebastian Sted Power > 2017-06-22 03:04 | Report Abuse

AK1882, don't like that leh. KAREX can't even make their own condom profitable yet you ask them go do gloves. Later masuk PN17 baru tau

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2017-06-22 04:49 | Report Abuse

I think lots of comments here telling Karex what to do are totally non-sensible coming from misguided expectation

cooling

1,676 posts

Posted by cooling > 2017-06-22 06:56 | Report Abuse

pe still very very high...better cut

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2017-06-22 07:28 | Report Abuse

Better buy TopCondom rather than Durex.. Durex condom too expensive , TopCondom will came out with low cost but better quality condom .

pussycats

7,640 posts

Posted by pussycats > 2017-06-22 07:57 | Report Abuse

Later supermax masukbuat kondom jenama Supercondom, like Topglov buat condom cap Topcondom, baru Karex sedar there are lots of competitor. Karex, your PE= 45 still very high la. karex should earn more to lower its PE lah. :-(

Toto2009

601 posts

Posted by Toto2009 > 2017-06-22 08:00 | Report Abuse

Karex is hiring sales manager, either current one not doing well and looking for replacement or business too good they are expanding the team. However their marketing cost have been pile up and very high as they wan to build the brand for their The One

masonl

30 posts

Posted by masonl > 2017-06-22 11:09 | Report Abuse

they should hiring another CEO. not only SM.

shpg22

2,984 posts

Posted by shpg22 > 2017-06-22 11:12 | Report Abuse

Topglove going to start making kondom next year. RUNNNN. SELL 1.00

tan lucy

153 posts

Posted by tan lucy > 2017-06-22 11:26 | Report Abuse

hiring sales manager no use one la, hiring prostitute better, confirm more sale

Toto2009

601 posts

Posted by Toto2009 > 2017-06-22 11:44 | Report Abuse

Lucy tan, u have brilliant ideas, lol...

Posted by Amit Khindriya > 2017-06-22 11:54 | Report Abuse

to many splits and corp exercise....Karex shares is not of much value.....fair price is at RM0.7

Doer

423 posts

Posted by Doer > 2017-06-22 15:55 | Report Abuse

PE too high

shpg22

2,984 posts

Posted by shpg22 > 2017-06-22 17:23 | Report Abuse

Karex is hiring sales manager that always 'cheong' at prostitute den and spa. Anyone ??

pussycats

7,640 posts

Posted by pussycats > 2017-06-22 17:51 | Report Abuse

Topglove going to start making kondom. Nex other glov makers will follow suit. Karex is a time bomb with PE42. Dead meat. Mati Kaw-Kaw

pussycats

7,640 posts

Posted by pussycats > 2017-06-22 17:59 | Report Abuse

Karex better diversify to making rubber shoes lah, or rubber face mask or rubber diving suit or just make rubber tyres la Karex. karex, topglov mahu bersaing dgn awak . Karex tentu nanti untung kurang. Sorry Karex, your future is in your hand now. Sad sad sad

shpg22

2,984 posts

Posted by shpg22 > 2017-06-23 15:23 | Report Abuse

STRONG SELL. Fair value @ 1.00 , 25 P/E. May downgraded further if Topglove kondom manufacturing goes smoothly.

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