KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.90

Today's Change

-0.005 (0.55%)

Day's Change

0.885 - 0.90

Trading Volume

736,000


32 people like this.

11,896 comment(s). Last comment by fruitcake 5 days ago

rivter

163 posts

Posted by rivter > 2018-12-22 14:09 | Report Abuse

TP 0.94 ? 2028 YEAR AR?

egold777

24 posts

Posted by egold777 > 2018-12-26 15:05 | Report Abuse

straight 11 quarter profit margin drop...any solution?

lazycat

899 posts

Posted by lazycat > 2018-12-26 15:08 | Report Abuse

sell to harta or topglove

shpg22

2,984 posts

Posted by shpg22 > 2018-12-26 15:09 | Report Abuse

the young and inexperience MD goh must be sacked.

steeelman

845 posts

Posted by steeelman > 2018-12-30 13:06 | Report Abuse

no need use condom just cum inside before 3 days before n after menstruation 100% no baby , eat postrinol within 72 hour max 4 times per month also no problem

Haw Liao

1,152 posts

Posted by Haw Liao > 2018-12-30 13:53 | Report Abuse

girl simply agree u cum inside?

u so lucky...

Haw Liao

1,152 posts

Posted by Haw Liao > 2018-12-30 14:03 | Report Abuse

simple answer is this...

most men don't want use condom lah...even give free

use condom can't feel natural climax

prove?

adam and eve aka ah gong ah mah got use meh...

think logic before invest

steeelman

845 posts

Posted by steeelman > 2019-01-01 11:47 | Report Abuse

she feels very warm when I cum inside ..

Alex Chan

51 posts

Posted by Alex Chan > 2019-01-01 17:32 | Report Abuse

我和之前几个ex做,說真的,我发誓是她们不要我戴的

Posted by staticxtreme > 2019-01-14 12:42 | Report Abuse

lol this is like a sex forum now. geez

Icon8888

18,659 posts

Posted by Icon8888 > 2019-01-16 09:50 | Report Abuse

oh my god 500 mil market cap RM2 mil net profit per quarter

Beza

1,847 posts

Posted by Beza > 2019-01-16 10:55 | Report Abuse

Why profit margin so thin? masuk pocket ke?

azfar8

975 posts

Posted by azfar8 > 2019-01-16 11:57 | Report Abuse

raw is better, don't use rubber, we only raba...

Posted by sense maker > 2019-01-17 10:01 | Report Abuse

Pe60, as frothy as pmbtech n ql.

TheMiddle

789 posts

Posted by TheMiddle > 2019-01-18 18:41 | Report Abuse

Just advice: if incoming results is less satisfied, the price will further go down . High PE , beware.

Sharkfin

92 posts

Posted by Sharkfin > 2019-01-18 19:29 | Report Abuse

Ya sure have big drop

Sharkfin

92 posts

Posted by Sharkfin > 2019-01-18 19:30 | Report Abuse

See u all at 0.4

shpg22

2,984 posts

Posted by shpg22 > 2019-01-23 19:04 | Report Abuse

shpg22 MAINTAIN STRONG SELL with lower target price of 0.385 @ 0.8x P/B. Prolong rout with no sign of turnaround.
01/06/2018 09:57

Ex7121

221 posts

Posted by Ex7121 > 2019-01-24 16:41 | Report Abuse

No hope for this counter

member41

3,718 posts

Posted by member41 > 2019-01-25 15:12 | Report Abuse

41

rivter

163 posts

Posted by rivter > 2019-01-25 15:36 | Report Abuse

外劳投诉工作长 工钱低 ~问题是 一天工作8小时 1100工钱 会低吗?

shpg22

2,984 posts

Posted by shpg22 > 2019-01-25 15:47 | Report Abuse

omg...this is bad..run

chan7219

29 posts

Posted by chan7219 > 2019-01-25 15:47 |

Post removed.Why?

Posted by agrimineral > 2019-01-25 17:01 | Report Abuse

I think is a trap.

James Ng

2,705 posts

Posted by James Ng > 2019-01-26 16:19 | Report Abuse

https://klse.i3investor.com/blogs/general/191554.jsp
[转贴] [KAREX BHD:全球安全套需求预计将继续保持令人鼓舞的增长轨迹,继续从新市场获取订单,同时在其制造流程中实施额外的自动化以保持成本竞争力] - James的股票投资James Share Investing

Posted by Supertonic000 > 2019-01-26 16:50 | Report Abuse

Safe entry now I think ...

Posted by sense maker > 2019-01-26 19:52 | Report Abuse

PE 42. Target price rm0.20 max.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-01-26 22:07 | Report Abuse

Homeless next week....Cause johor sultan even got asked for meeting with karex.

Posted by commonsense > 2019-01-27 14:14 | Report Abuse

It seems that the current profit level for Karex has come down to only around RM1mil to RM2 mil per quarter from the high of more than RM10 mil/ quarter recorded in FY14 to FY16. The financial result was highly affected by the lower average selling price of its products coupled with the higher cost structures (in particular the higher labour cost). Assuming the company managed to reach a PAT of RM10mil in FY19, at the current share price, the company has a valuation of 42.6x PE. Very high for a company that is facing downward profit pressure.

What is more alarming is the recent news report by UK’s The Telegraph which indicates the very poor working and living conditions of Karex foreign workers. This has put the company under the spotlight with the biggest risk being the loss of contract from some of its big clients. National Health Service (NHS) in UK for example, source a large volume of condoms from Malaysia (which most probably is from Karex). They have since said to be reviewing their decision in light of the report. Superdrug stores, a subsidiary of Watson Group (in Malaysia famous for its pharmacy chain), has already suspended orders from Karex starting in January 2019. Tesco also took the same decision to suspend their orders. Other companies like Reckitt Benckiser (owner of Durex) are still investigating. Please take note, that the companies mentioned in the reports are all UK based. Other companies from other countries might also follow suit and start their own investigation on the accusation of Karex treatment of its workers. Investors might need to wait for the 3Q19 result to see if Karex financials are affected or not by the news reports (I would assume it does, given some clients decision to already suspend their orders).

If you are looking to diversify your portfolio outside of Karex (due to its earnings uncertainties and relatively high valuation) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

jolow

652 posts

Posted by jolow > 2019-01-27 15:31 | Report Abuse

20 cents coming

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-01-28 09:59 | Report Abuse

Did Johor sultan already see Karex managements ?

Ex7121

221 posts

Posted by Ex7121 > 2019-01-28 12:58 | Report Abuse

Lao sai counter

miker

708 posts

Posted by miker > 2019-01-28 13:02 | Report Abuse

Ini kondom selalu picah pinya...kikikiki

egold777

24 posts

Posted by egold777 > 2019-01-28 13:22 | Report Abuse

rugi banyak...hampir bankrupt.

Posted by agrimineral > 2019-01-28 16:25 | Report Abuse

CNY next week. Selling to find money for CNY

TheMiddle

789 posts

Posted by TheMiddle > 2019-01-28 21:00 | Report Abuse

Beware Karex! This company won’t have good profit in middle term. 40 million Cash will be spent up within this 2 years. One brand condom still can’t get market share in this 3 years. High PE, Aberdeen disposing. don’t simply hold the falling knife, we will get harm.

Posted by 993954847305139 > 2019-01-28 21:41 | Report Abuse

dompeilee Bought 100,000 Karex @ 78.5c just now.
10/04/2018 15:41


dompeilee Bought Karex @ 63 & 63.5c
08/11/2018 14:42

Hi dmpeilee, are you still alive? When you want to sell? I want to know, so that I know is time to buy.

geraldt9

904 posts

Posted by geraldt9 > 2019-01-31 11:59 | Report Abuse

Kondom sudah bocor !!

Ex7121

221 posts

Posted by Ex7121 > 2019-01-31 17:05 | Report Abuse

Need 5247 to come out as 1st prize in 4 digit again before it could rebound

shpg22

2,984 posts

Posted by shpg22 > 2019-01-31 17:36 | Report Abuse

Finally hit the target price that I had set exactly 7 months ago.

shpg22 MAINTAIN STRONG SELL with lower target price of 0.385 @ 0.8x P/B. Prolong rout with no sign of turnaround.
01/06/2018 09:57

Posted by kyy_superinvestor > 2019-01-31 20:54 | Report Abuse

I can see value in this company......what price u will enter?mind share? And do u know dgsb?

Posted by vchung123 > 2019-02-02 13:18 | Report Abuse

Who take over the shares which disposed by Aberdeens? Anybody know?

Posted by shortinvestor77 > 2019-02-04 11:20 | Report Abuse

Run. Once more worse results are out, price will go down further. After all, now is downward trend. Almost everyday price is down.

ccmeow

223 posts

Posted by ccmeow > 2019-02-06 04:05 | Report Abuse

2018, karex price (yoy) fell from 1.10 to 0.38, a loss of 0.72. 2019, will the share price rebound or continue to fall ? Anybody knows?

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2019-02-06 20:59 | Report Abuse

The problem for karex is the future very uncertain and not looking good. Own brand became competitor to their customers. Sure their customers will look for other manufacturer very soon.

7300

2,152 posts

Posted by 7300 > 2019-02-07 01:16 | Report Abuse

expect 20 sen coming!

uptrending

1,852 posts

Posted by uptrending > 2019-02-08 11:35 | Report Abuse

Not easy to establish own brand.
It is suicidal.. Another company which tried and still trying own brand is IQ..

Both also disastrous!

villa1668

1,236 posts

Posted by villa1668 > 2019-02-08 13:39 | Report Abuse

No matter how bad the current situation, the bad news have reflected the share price, expected the downside is limited and waiting for rebound anytime from now.

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