Posted by Richv92 > 2020-08-05 16:36 | Report Abuse

Ah... keep dropping.. I want crazy.. loss a lot money!

Posted by Fattymin > 2020-08-05 16:49 | Report Abuse

haha,i bot at 0.555,today sold half

Posted by Richv92 > 2020-08-05 16:53 | Report Abuse

@john1102 I bought a lot. Then saw drop since morning so I sold 70% of my share. Holding little bit

Posted by Power168 > 2020-08-05 17:03 | Report Abuse

Believe in yrself.

Posted by Fattymin > 2020-08-05 17:07 | Report Abuse

karex wil fly back to 2.0, believe me...haha

Posted by bsklshark > 2020-08-05 18:42 | Report Abuse

Condom king la , where got make hand gloves .....

Posted by bsklshark > 2020-08-05 18:43 | Report Abuse

But they make other latex based medical product thats has big shortage.

Posted by bsklshark > 2020-08-05 18:53 | Report Abuse

My good friend working there. Checkout hevea medical , made by their subsidiary uro technology in pontian johor

Posted by bsklshark > 2020-08-05 18:54 | Report Abuse

World condom supply is also shortage , they markup their selling price also same like gloves

Posted by bsklshark > 2020-08-05 18:56 | Report Abuse

Tp : 5 kekeke invest at your own risk disclaimer

Posted by bsklshark > 2020-08-05 19:09 | Report Abuse

https://www.urotechnology.com/quality/

Posted by bsklshark > 2020-08-05 19:11 | Report Abuse

They are certified medical supplier to many countries

Posted by thchan > 2020-08-05 19:31 | Report Abuse

Rumors that they encroaching to making gloves, thats why its flying!!!

Posted by bsklshark > 2020-08-05 20:10 | Report Abuse

Im not surprise at all if you say that they are venturing into gloves. making condoms is quite similar to making gloves , only needs more precision machinery. They should be able to produce without any issues.

Posted by Cupcakes69 > 2020-08-05 20:28 | Report Abuse

@bsklshark It's not that simple. Besides the hand shaped dipping formers, gloves (particularly powder-free nitrile gloves) also use a different chemical mixture. There's also specific configuration for dipping, curing, etc that needs to be taken into consideration to get the right thickness and strength for the glove. Theres also testing, and packaging, where they cant get the workforce needed (theres a freeze on foreign worker hiring) to operate a glove manufacturing line without sacrificing their current condom line, which is still their biggest source of revenue. So unless they buy a glove company, it's unlikely they'll be able to start manufacture glove fast enough to take advantage of the glove shortage. With a low cash balance of about RM50 million, they cant really do much acquisition now without issuing more shares, which will only dilute current shareholders holdings.

Posted by Kang Yao > 2020-08-05 20:58 | Report Abuse

all counters on KLSE should announce venturing into masks, the machine only cost 1 million, but market cap will double up in one week. so just place orders for those machinese, make announcement, then can go to bank to get loan with the rocketed market cap.

Soon, KLSE will become the most valuable market in SEA.

Posted by gohkimhock > 2020-08-05 21:09 | Report Abuse

very well said @Kang Yao.

I didn't know Malaysia is so good at producing so many PPEs, but couldn't invent a vaccine. Even Thailand and Indonesia are doing it now. Bursa Malaysia, as the market regulator failed in its job to stop excessive market speculation.

Posted by Cupcakes69 > 2020-08-05 21:20 | Report Abuse

@gohkimbock

1) PPE are relatively easy to make. Malaysia can produce semiconductors, so PPE is childsplay.

2) Thailand and Indonesia are trying to make vaccine. Whether they'll succeed is yet to be seen. Malaysia can also try if it wants.

"Bursa Malaysia, as the market regulator failed in its job to stop excessive market speculation."

1) Bursa is not the market regulator, that's the Malaysian Securities Commission's job.

2) Excessive speculation exist in all stock markets. The 2008 financial crisis didn't start in Malaysia, the dotCom bubble didnt start in Malaysia. As long as you have humans trading, excessive speculation will always exist because humans love to gamble.

Posted by Kok Leong Chan > 2020-08-05 21:29 | Report Abuse

Well said cupcakes

Posted by Vitamin > 2020-08-05 21:41 | Report Abuse

KAREX, the only Glove player haven't goreng yet. It will chase HLT/careplus or even TG, LIMIT UP to MAX MAX many days to come!!!

Posted by bomblikeme88 > 2020-08-05 21:59 | Report Abuse

Well there are many companies who claimed they would like to do gloves ie. Anzo but end up just fluffing it to fry the stocks up. Unless you're from the manufacturing background, or have done related industry, you wouldn't know the process and details of glove manufacturing.

Stating from a neutral standpoint - Is it worth a bet for Karex, can one of the World's Largest Condom Manufacturer invest in rubber or nitrile glove? The process is definitely different but the QA or ISO requirements may be of similar if not more tedious for Karex if they've produced for Durex (not everyone wants to celebrate unknowing Father's Day), can they do even better than the 2nd Tier that their stocks were fried up or those nearly bankrupt glove manufacturer before Covid-19 that got the 'durian runtuh' effect?

Apart from those nuances we know in gloves manuf which is machine dipping, nitrile supply etc. etc., one of the most crucial point is the water treatment plant for gloves manufacturing - does it run in the same process for Karex? That's a very important point for consideration.

With my limited view, the question is will it be a safe bet, riding on the wave? Will Malaysia be imposed ban when there are too many suppliers? There's even a company call Harps putting up an IPO for $500mil to do gloves, shall we?

Posted by jacklintan > 2020-08-05 23:46 | Report Abuse

Looks like Karex hype still linger around with value investors. Good move I hope.

Posted by EddoMi > 2020-08-06 01:35 | Report Abuse

I own Karex with avg price of 0.32, I don't know whether the rumour that they are producing gloves is true but I just want to say that the checks for condoms are much stricter compared to gloves. Dust is one of the biggest threats to manufacturing Condoms under stringent Quality Control. Unlike Gloves, which is not as sensitive in terms of quality tolerance, Condoms have to be thin enough, yet strong enough.

If Karex can produce condoms, pretty sure making gloves will be not as difficult as one might imagine.

Posted by nich0las > 2020-08-06 08:32 | Report Abuse

同样一句，见好就收

Posted by WenlinC > 2020-08-06 09:05 | Report Abuse

KAREX CEO denied involved in glove production ?

Posted by WenlinC > 2020-08-06 09:11 | Report Abuse

KAREX start falling due to CEO denied involved glove production.

Posted by SweetNovember > 2020-08-06 09:15 | Report Abuse

Limit down

Posted by terrylam84 > 2020-08-06 09:17 | Report Abuse

The most undervalued glove stock...glove on manhood

Posted by Shark88 > 2020-08-06 09:18 | Report Abuse

WenlinC why do we heard that they going in to glove production soon, please share the link the CEO denied glove production

Posted by Max_Lui > 2020-08-06 09:23 | Report Abuse

KAREX to acquired Latexx Partners? Discussion is on final stage?

Posted by WenlinC > 2020-08-06 09:26 | Report Abuse

Market too many news and rumours le. Hard to know which is true

Posted by stockwinner > 2020-08-06 09:29 | Report Abuse

All masuk penthouse with free condom-inium (Leasehold)

Posted by James Ng > 2020-08-06 09:33 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-08-06-story-h1511558506.jsp
[转贴] [KAREX BHD：通过对策略的持续承诺，通过实施自动化来利用成本优势，并坚持对品牌部门的投资，以实现在行业内获得更大份额的价值，从而实现增长] - James的股票投资James Share Investing

Posted by WenlinC > 2020-08-06 09:34 | Report Abuse

Actually KAREX is just a produce condom only. Last 2 day up is due to speculative play. So it is normal for price to drop after play is over.

Posted by wallstreetrookie > 2020-08-06 09:49 | Report Abuse

i already told you to get out two days ago. Insider trading for this counter. I was told by someone already.

Posted by Alipapapa > 2020-08-06 09:50 | Report Abuse

Good buy now. U will no regret.

Posted by Cupcakes69 > 2020-08-06 10:04 | Report Abuse

I've got confirmation from Karex's investor relations office that they are not involved in the production or sale of gloves.

Posted by Genesis4 > 2020-08-06 10:07 | Report Abuse

The news is also out in the stars. U all can have a look.

Posted by KinSun Lee > 2020-08-06 10:15 | Report Abuse

@Genesis4 Right. And they will tell you insider information!

Posted by FLINV > 2020-08-06 10:17 | Report Abuse

2020 Jul 29th&30th MADAM GOH YIN bought 200,000 share , the next transaction day KAREX share price direct jump up. Next time can we use this as indicator or not ?

Posted by corboylee > 2020-08-06 10:26 | Report Abuse

for us to run?

Posted by eye2eye > 2020-08-06 10:27 | Report Abuse

I think it's profit taking ... will rebound soon

Posted by Genesis4 > 2020-08-06 10:28 | Report Abuse

Trade with your own decision. If u think they might be in the glove business then buy otherwise dont. It like gamble. If later really they venture into glove it would shoot otherwise it will go back to previos range which is below rm1. Again is your money and u decide.

Posted by Cupcakes69 > 2020-08-06 10:35 | Report Abuse

If they were going to venture into gloves, they would have announced by now so that their stock can go even higher. But nope, no news, no mention at all. Their investor relations has also confirmed that they are not producing gloves. Instead, their twitter is talking about cheese flavoured condoms lmao. It's obvious they are not interested.

Posted by Cupcakes69 > 2020-08-06 10:39 | Report Abuse

They could even hint that they're just considering venturing into gloves, but nope, still nothing from management. This company don't care about their stock price one.

Posted by Cupcakes69 > 2020-08-06 10:48 | Report Abuse

If I was speculating this counter, it seems to make more sense to be aware of the reality so that I know when to exit. To lie to myself and believe in false rumours is just a gateway to get eaten by the sharks.

Posted by Pershing > 2020-08-06 11:24 | Report Abuse

Karex international co, everything must above the board otherwise get slaughter from international clients and ngo. I don't think they will fake it, really no gloves at all.

Posted by member41 > 2020-08-06 11:43 | Report Abuse

Morning was a flush i think.. now consolidating... directors haven't start selling yet... got hope?

Posted by member41 > 2020-08-06 11:45 | Report Abuse

see hlt up another 30%...any basis? financials similar or worse than karex

Posted by Cyrogx6 > 2020-08-06 11:45 | Report Abuse

make condom sure profit.. unless suddenly the whole world decide not to f**k anymore. and wear gloves