This counter is a con company in 2017/2018. It traps a lot of retailers inside. Everyone thinks the share price can rebound but in fact it never happen for past 6 months.
I believe karex will re bounce one day. I have faith with this Company and its business. Will regret if you sell now, invest shares should look for long term say 3-5 years.
This counter dropped from 2.40 last January to 1.20 today, cheap to pick up, the company not loose money still Ok. People sell we buy, people buy we throw.
NP is contracting, dividend yield is pathetic, FCF is negative, P/B > 2.4x. With all those condition coupled with steady rise of RM, 25x P/E is consider very good already translating to a price of about 0.50. That's about right, same as its NTA
2016 Forbes Asia’s “Best Under A Billion” list. Karex Inari Amerton Mitrajaya MY E.G. Signature International Just in 1 year, both Karex and SIGN now in Holland already. Lol
Since AGM 2017 in late Nov until now. I think there is around 60 trading days after AGM, and out of this 60 trading days, at least 55 days are red, the remaining 5 days are flat.
Largest condom manufacturer who lost their largest customer last year. Should take opportunity to develop and market its own brand. All it needs is better leadership and management. Assets, reputation and everything else as a top manufacturer is all there. Time to change the board. Simply mystifying.
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....
boy2ts
215 posts
Posted by boy2ts > 2018-01-25 09:30 | Report Abuse
CEO? CFO should do the hedging.