how to attract foreign buyer with such lousy report and mgmt....you treat foreigner no brain mer? only those ikan bilis buy into wish it rebound back only..
Karex's high expenditure is going to be sustained in the near future, so don't hope that it's net profit will soar suddenly, invest for long term yes, short term better run http://www.enanyang.my/?p=916443
The directors are buying the share at big discount. Please look at Magnum, its price was down for 3 months and its directors took turn to collect huge number of shares at 1.71. They waited for the date of announcement of q2 report to push up . Last few weeks, I noticed that , the karex directors are also doing the same ! 节日快乐。
actually if u go hotel at china europe. even 3 star hotel provide a condom, some are foc some have to pay room service. actually only few country use condom, american, europe, china, japan. rest not sure
When buy a company shares ....or whatever fund also
We must research and understand ourself
Don't ever ever trust any brokers , agents or investment bankers said ....they have their own hidden agenda and not necessary act in the best interest of its client
At the end , we the client loss money .....only can blame the client / investors stupidity only
Before buy in , the brokers/agents will talk sweet and when you have buy in....your money BYE BYE !
Agent and brokers are only for the lazy and loser investors only !
Real success investors will do deep reasearch and drill deeply before buy in !!!!
Topglov is old man have experience. How a young ceo can beat old man. Yet old man have good relatio with china and thailand, they own a factory there. Karex gonna shitbrix
still alot of stubborn supporters despite so many many many quarter of bad mgmt and report...ggmu...i guess the stubborn was due to stay in president suite..at least 30-60% lost...rip guys..stubborn will make you lose in stock market...think logically!!!!!!!!!!!!1
Yesterday afternoon, we posted and recommend KAREX! Although we still think that the falling knife phenomenon isn't over, it can be a good buy now just for trading.
Top grove's entry into condom market will not affect the business of Karex.If Top grove enter, it will have take many years and to do lots of hard work, before they can produce condom of the same quality. So , all the friends out there, please do not fear if Top grove is going into condom business. Cheers!
Tan Sri Arshad just dumped in about RM 725,000 for 500,000 shares (assume bought at 1.45). He is the Chairman, and I am sure he gets inside info on the performance of the company, otherwise why dump in 725k. Say, keep at bank will give 15,000 at interest of 3%pa.
No doubt KAREX is still a downtrend stock. We recommend you to take profit if you followed us entering @ RM1.38. At the current price is a 20 cents profits or a 14.5% gain in merely a couple of days!
Yes, Tan Sri has spent much money. Now why would he do that? Below maybe a clue.
Just read today that Malaysia is the 5th largest producer of natural rubbber (latex). Biggest is Thailand. And if one read the quarterly report, Karex had set-up a new company in Thailand (Sept 2016) that will be involved in pre-vulcanised latex. This may take about another 2 years to materialized, i.e. mid 2019. What is pre-vulcanised latex, the raw latex collected from the trees is processed with additives to make the latex conducive for the formation of whatever products (glove, condom, cathether, etc). Of course the type of additive is a trade secret to Karex. (Hence, Topglove will have to go through many iterations before getting it right)
Now Malaysia does not produce enough latex and have to import. Thus, Karex, by going up-stream would secure the latex to the specification it need. And save some money too. Hence in the near future (3 years), the profit margin should improve if all other factors remain the same.
Also, as the world largest manufacturer of condom (6 billion pieces/year) and only using 4 billion now, there is spare capacity to quickly capture any urgent jobs as well as flexibility to ease in new orders. And as most if not all capital expenditure already used to expand to 6 billion capacity, going forward, there will be lower start-up, testing (new equipment) costs, hence, margin should improve too.
useless piece. ceo didn't indicate any sign to improve pun during his recent public sharing; stupid enough didn't cut loss much earlier. hope for miracle.
Hopefully this bring in some impact n make the price fly high break 1.6 perhaps:p targeting cz 0.01 the lowest n highest margin to be generate once the price fully rebound^^
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....
richman
10,110 posts
Posted by richman > 2017-08-30 15:29 | Report Abuse
recovering condoms