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

richman

10,110 posts

Posted by richman > 2017-08-30 15:29 | Report Abuse

recovering condoms

red_85

1,259 posts

Posted by red_85 > 2017-08-30 19:29 | Report Abuse

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..

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-30 20:15 | Report Abuse

ceo are laughing hard on greeder...

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-08-30 23:07 | Report Abuse

Profits have been on down trending since 30/9/2015 Quarterly Report

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-08-30 23:10 | Report Abuse

Even already down from 2.50 to 1.40 now, the Historical PE is still above 50 times. Wow!

bpng0904

82 posts

Posted by bpng0904 > 2017-08-31 08:13 | Report Abuse

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

ymj1016

216 posts

Posted by ymj1016 > 2017-08-31 15:28 | Report Abuse

karex condom got pinhole . Leaking
Next year if top glove start condom operation, karex pinhole will turn into bighole.

ccmeow

223 posts

Posted by ccmeow > 2017-09-01 06:24 | Report Abuse

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。

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-01 08:47 | Report Abuse

pity nobody foreign local investor interest in karex. director have to own buy same case as supermx

cheated

976 posts

Posted by cheated > 2017-09-02 03:39 | Report Abuse

Agree. No more monopoly condom producers. There also many people don't use condom.

ymj1016 karex condom got pinhole . Leaking
Next year if top glove start condom operation, karex pinhole will turn into bighole.
31/08/2017 15:28

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-02 08:27 | Report Abuse

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

dandelion

40 posts

Posted by dandelion > 2017-09-04 17:37 | Report Abuse

stupid enough to listen to broker and bought this shit then managed by a group of idiot. pray for miracle to be breakeven.

RainT

8,448 posts

Posted by RainT > 2017-09-04 22:39 | Report Abuse

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 !!!!

RainT

8,448 posts

Posted by RainT > 2017-09-04 22:40 | Report Abuse

I'm waiting Karex to drop more to buy in ....

Anyway it's still world largest condom manufacturer

Topglov want join in make condom also....what a joke !!!! Let's wait and see lol

Goinvest88

495 posts

Posted by Goinvest88 > 2017-09-04 23:13 | Report Abuse

One glove = 5 condom

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-05 22:42 | Report Abuse

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

RainT

8,448 posts

Posted by RainT > 2017-09-05 22:57 | Report Abuse

Old man experience in make gloves

Not make condom OK !

RainT

8,448 posts

Posted by RainT > 2017-09-05 22:59 | Report Abuse

Machines to make condom, how to make condom, what condom the customers want

And what is the feeling when customers wear condom , what feeling customers want .....hahaha all this Topglov still new la compare with Karex MK Goh

Wear gloves and wear condom is different feeling la! !!!

red_85

1,259 posts

Posted by red_85 > 2017-09-06 02:44 | Report Abuse

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

Goinvest88

495 posts

Posted by Goinvest88 > 2017-09-06 17:45 | Report Abuse

because fall in love with shit....

Posted by omightycap > 2017-09-07 12:27 | Report Abuse

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.

https://www.facebook.com/omightycap/photos/a.516884705141868.1073741828.516880861808919/871528019677533/?type=3&permPage=1

Posted by Banana John > 2017-09-08 20:08 | Report Abuse

what happen? someone fixed up the hole of condom?

Posted by GeniusTinker > 2017-09-08 21:16 | Report Abuse

FY 2018 will go back to 2.00

ccmeow

223 posts

Posted by ccmeow > 2017-09-09 21:50 | Report Abuse

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!

teoct

480 posts

Posted by teoct > 2017-09-11 13:34 | Report Abuse

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.

member41

3,718 posts

Posted by member41 > 2017-09-11 18:04 | Report Abuse

He's been adding million since $2

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-11 20:34 | Report Abuse

Suddenly put good news for 2018. How we gonna know future? Trust our main specky ceo

Goldmann

225 posts

Posted by Goldmann > 2017-09-11 20:42 | Report Abuse

He added 3,400,000 shares since price drop below 2. If assume the average price is 1.50, he spent about 5 million ringgit for past 3 months.

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2017-09-11 22:59 | Report Abuse

LANJIAO LONG gogogo!!!

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2017-09-12 09:44 | Report Abuse

Karex already turning on non stop mode

Posted by omightycap > 2017-09-12 11:24 | Report Abuse

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!

https://www.facebook.com/omightycap/photos/a.516884705141868.1073741828.516880861808919/873913432772325/?type=3

teoct

480 posts

Posted by teoct > 2017-09-12 14:50 | Report Abuse

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.

notebook

427 posts

Posted by notebook > 2017-09-12 14:52 | Report Abuse

last chance to sell

teoct

480 posts

Posted by teoct > 2017-09-12 14:58 | Report Abuse

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.

ryan_och

304 posts

Posted by ryan_och > 2017-09-12 16:43 | Report Abuse

tak boleh jalan

shpg22

2,984 posts

Posted by shpg22 > 2017-09-13 01:06 | Report Abuse

Dead cat rebounce. Sell and end all suffering. TARGET PRICE RETAINED @ 0.85

Posted by GeniusTinker > 2017-09-13 22:36 | Report Abuse

Somebody lost a lot money here is it? Always curse Karex when price correction.. Haha, such a funny person.

Posted by warrant4hunter > 2017-09-14 12:44 | Report Abuse

Waiting for 2nd wave!!! Aim c1 TP0.04

Posted by omightycap > 2017-09-14 18:02 | Report Abuse

Take a look at how we analyze the recent trade recommendation that we posted!

https://www.facebook.com/omightycap/photos/a.516884705141868.1073741828.516880861808919/874819856015016/?type=3&permPage=1

Posted by Banana John > 2017-09-18 18:37 | Report Abuse

how long can this domdom stand... time to break or shoot up?

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-09-23 05:13 | Report Abuse

I saw this on the BBC and thought you should see it:

New antibody attacks 99% of HIV strains - http://www.bbc.co.uk/news/health-41351159

dandelion

40 posts

Posted by dandelion > 2017-09-25 15:28 | Report Abuse

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.

KKKS

63 posts

Posted by KKKS > 2017-09-26 01:00 | Report Abuse

HIV Cure and no need to wear domdom??

ryan7642

1,998 posts

Posted by ryan7642 > 2017-09-28 19:58 | Report Abuse

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^^

ryan7642

1,998 posts

Posted by ryan7642 > 2017-09-28 20:39 | Report Abuse

Nasi lemak = malay market in msia/indonesia/Asean country is a big cake!!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-04 14:43 | Report Abuse

Soon Youtuber will try made fun of this nasi lemak condom, and have million view..LOL

ryan7642

1,998 posts

Posted by ryan7642 > 2017-10-04 21:32 | Report Abuse

Better it happen cos free advertisement will be much more bonus for corporate perhap^^

ryan7642

1,998 posts

Posted by ryan7642 > 2017-10-06 13:09 | Report Abuse

Wow at last some momentum come^^ good sign~~buy call warrant fast fast b4 it speed up the move^^ c16 safer n cheap gogogo~~~

ryan7642

1,998 posts

Posted by ryan7642 > 2017-10-06 13:09 | Report Abuse

Cz~~~

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