A boss who doesn't know how to control cost of goods and expenses, for sure the profit margin is 1%. Good luck for all the believers.. safe journey to Holland.
Karex Bhd, the world's largest condom maker, saw its net profit for the fourth quarter ended June 30, 2018 (4QFY18) fall 49.83% to RM1.46 million from RM2.9 million previously, due to rising production costs which outpaced adjustments to its selling prices.
Revenue for the quarter inched up 1.95% to RM93.42 million from RM91.63 million a year ago, due to higher volume of condom sales, particularly from the sexual wellness and medical segments, Karex said.
For the full year (FY18), Karex said net profit plunged 63.85% to RM10.1 million from RM27.95 million a year earlier.
This is despite revenue rising 12.88% to RM408.01 million from RM361.45 million in FY17.
Karex said lower earnings in FY18 were due to a less favourable economic climate and higher distribution and administrative costs, despite higher revenue.
KUALA LUMPUR (Aug 29): Credit Suisse analyst Joanna Cheah upgraded the recommendation on Karex Bhd to neutral from underperform.
* Price target (PT) raised to 76 sen from 48 sen. Karex average PT is 44 sen.
* Karex had 0 buys, 1 hold, 7 sells previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 48 percent in the past three months. Forecasts range from 29 sen to 76 sen.
Performance Metrics
* Investors who followed Cheah's recommendation would have received a negative 31 percent return in the past year, compared with the negative 50 percent return on the shares.
TAN SRI DATO SERI ARSHAD BIN AYUB 08-Aug-2018 Acquired 30,000 0.795 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 13-Jul-2018 Acquired 100,000 0.830 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 12-Jul-2018 Acquired 85,000 0.810 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 12-Jul-2018 Acquired 25,000 0.810 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 11-Jul-2018 Acquired 65,000 0.800 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 10-Jul-2018 Acquired 60,000 0.830 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 09-Jul-2018 Acquired 180,000 0.850 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 04-Jul-2018 Acquired 270,000 0.930 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 03-Jul-2018 Acquired 120,000 0.880 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 22-Jun-2018 Acquired 100,000 0.790 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 22-Jun-2018 Acquired 70,000 0.790 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 21-Jun-2018 Acquired 30,000 0.760 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 05-Jun-2018 Acquired 260,000 0.590 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 04-Jun-2018 Acquired 100,000 0.570 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 01-Jun-2018 Acquired 200,000 0.550 View Detail DATO DR ONG ENG LONG 01-Jun-2018 Acquired 30,000 0.560 View Detail DATO DR ONG ENG LONG 01-Jun-2018 Acquired 20,000 0.540 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 04-Apr-2018 Acquired 34,400 0.780 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 03-Apr-2018 Acquired 50,000 0.790 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 02-Apr-2018 Acquired 4,600 0.800 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 27-Mar-2018 Acquired 50,000 0.790 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 23-Mar-2018 Acquired 66,000 0.780 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 22-Mar-2018 Acquired 30,000 0.790 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 20-Mar-2018 Acquired 65,000 0.810 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 19-Mar-2018 Acquired 115,000 0.820
TAN SRI DATO’ SERI ARSHAD BIN AYUB 16-Mar-2018 Acquired 100,000 0.860 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 15-Mar-2018 Acquired 95,300 0.860 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 14-Mar-2018 Acquired 29,700 0.880 View Detail DATO DR ONG ENG LONG 14-Mar-2018 Acquired 30,000 0.885 View Detail DATO DR ONG ENG LONG 14-Mar-2018 Acquired 20,000 0.880 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 13-Mar-2018 Acquired 179,000 0.880 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 12-Mar-2018 Acquired 60,000 0.850 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 12-Mar-2018 Acquired 50,000 0.850 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 09-Mar-2018 Acquired 50,000 0.850 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 08-Mar-2018 Acquired 50,000 0.820 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 07-Mar-2018 Acquired 150,000 0.793 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 07-Mar-2018 Acquired 100,000 0.830 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 07-Mar-2018 Acquired 40,000 0.785 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 06-Mar-2018 Acquired 100,000 0.870 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 06-Mar-2018 Acquired 50,000 0.865 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 05-Mar-2018 Acquired 200,000 0.880 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 02-Mar-2018 Acquired 250,000 0.890 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 01-Mar-2018 Acquired 500,000 0.920 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 28-Feb-2018 Acquired 73,000 1.060 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 27-Feb-2018 Acquired 100,000 1.080 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 26-Feb-2018 Acquired 50,000 1.100 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 26-Feb-2018 Acquired 50,000 1.080 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 23-Feb-2018 Acquired 50,000 1.116 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 22-Feb-2018 Acquired 50,000 1.130 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 22-Feb-2018 Acquired 9,200 1.140 View Detail
TAN SRI DATO’ SERI ARSHAD BIN AYUB 21-Feb-2018 Acquired 70,000 1.080 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 20-Feb-2018 Acquired 50,000 1.070 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 19-Feb-2018 Acquired 60,000 1.080 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 15-Feb-2018 Acquired 50,000 1.050 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 14-Feb-2018 Acquired 100,000 1.040 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 14-Feb-2018 Acquired 40,000 1.040 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 13-Feb-2018 Acquired 100,000 1.050 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 12-Feb-2018 Acquired 100,000 1.050 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 12-Feb-2018 Acquired 100,000 1.040 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 09-Feb-2018 Acquired 200,000 1.063 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 09-Feb-2018 Acquired 150,000 1.060 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 08-Feb-2018 Acquired 300,000 1.080 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 08-Feb-2018 Acquired 250,000 1.090 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 07-Feb-2018 Acquired 227,000 1.090 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 07-Feb-2018 Acquired 100,000 1.095 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 06-Feb-2018 Acquired 140,000 1.080 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 06-Feb-2018 Acquired 120,000 1.070 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 26-Jan-2018 Acquired 260,000 1.220 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 26-Jan-2018 Acquired 100,000 1.230 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 25-Jan-2018 Acquired 450,000 1.240 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 23-Jan-2018 Acquired 200,000 1.210 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 23-Jan-2018 Acquired 200,000 1.200 View Detail TAN SRI DATO’ SERI ARSHAD BIN AYUB 05-Jan-2018 Acquired 50,000 1.280 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 04-Jan-2018 Acquired 10,000 1.280 View Detail TAN SRI DATO SERI ARSHAD BIN AYUB 02-Jan-2018 Acquired 20,000 1.290 View Detail
Condom business is a simple business to understand. You sell condoms as revenue, others are just expense, remaining is your profit. Analysts calculate their TP based on vigorous model, taking into account of everything. So when they said 30 cents to 50 cents, coefficient is pretty much the same, among analysts, just some give higher future PE expectation-->higher share price. Some give lower and gloomier outlook (which is correct in current environment).
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 > 2018-08-28 17:41 | Report Abuse
This company has the same type of MD as CHINHIN. Young, inexperience, risk taker (too much), arrogant. That why both chart look similar.