there's no way the quarter result would be better than last year's one. mr goh siang just disposed 100k shares. the price has not bottom yet. going lower
After DD... i think this company tak boleh pakai la. Wtf nasi lemak condom?! That one useless la. If i make, i make halal condom, radix condom, tongkat ali condom... sure msia can sell like hit. Wanna fight price cannot win China. Wanna fight kinky cannot win Usa. Go sg? Really stupid, sg gov want ppl make babies! Sg ppl busy working no time FFF. How to sell? Go Thailand is the only ok punya idea. But who wanna use condom from no kinky country Wanna make it gay friendly baru ada Thailand consumer suka ok!
OBM belum ada good result edi wanna move into automation.... sibeh agressive. Hangging also need to take breath la. Walaoeh... no give share holder to take breath at all leh. My buy target is 0.8 let see after a year when automation comes in what else he wanna play.
Mr chairman not a net profit investor. He revenue investor. Small ikan bilis cannot follow. Unless you jerung besar got lots of money can put in Karex bag for long long time or wanna tell hasil you rugi besar this year.
even is 0.25 still trade at pe 14, but for a down trend company pe14 too high for that edi, the most i can give is pe 10, which is 0.18.Is time to wake up from the fairy tail story.
Even if the price for Karex drops below RM1, Goh family still has at least 800% gain on their holdings in Karex. 3 consecutive years of bonus share issues.
Nah nah nah... bad QR! People only expand company when unable to met high volume sales demand. But this monkey so gatai go expand lagi automation with that bad sales number. What a joke. At lease please go do something make other people gatai mah. Brainless expanssion can make company BK one... serious! Spend all money buy yhis buy that automate this and that at the end produce bunch of product frozen in warehouse until can do scourge mc duck dive rhe condom.
The main prob is not at the revenue and sale, The prob is on the material cost, admin expenses and distribution expenses. These 3 are so high until no profit margin at all. The CEO talked crap again in AGM.
Karex delivered another rubbish QR. They really want all the Ikan biilis die lo this time.. those retailer holding from last year until now, really go Holland and will never come back. Their accountant who produce the financial report seriously black heart.. lol.
Meh...material admin distribution cost?? If sales n revenue can grow that fast and cover them up, why not? This is clearly an issue of overgrowth. If human body cell overgrowth we call it cancer! Now company overgrowth grow this grow that OBM automation, internationalize, buy this that... bla bla bla... sendiri punya market belum conquer edi wanna conquer out. This is cancerous! I've seen many overgrown big company went bk in us market. Last year have Sunedison. Karex MKGoh too young too ambitious too stupid dig his own grave. Don't know how to sail safe. This captain tak boleh harap.
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....
shpg22
2,984 posts
Posted by shpg22 > 2018-02-21 12:39 | Report Abuse
Good chance to offload and run