Posted by BountyOfTheBourse > 2021-01-29 18:31 | Report Abuse

ha ha ha

Posted by Sipektuaki > 2021-02-08 11:59 | Report Abuse

Glove sector up.. Why not up.... Really chicken counter.

Posted by steve8lily > 2021-02-08 21:07 | Report Abuse

It will up soon as Q2 result wanna out

Posted by spicyketchup > 2021-02-09 04:52 | Report Abuse

Emo la hold this counter. Don't feel like using protection dy.

Posted by Mann Ng > 2021-02-09 10:41 | Report Abuse

when come out dec20 report?

Posted by steve8lily > 2021-02-12 16:30 | Report Abuse

@Mann Ng, 25Feb.......why karex keep getting down, due to oil price up?!

Posted by TreeTopView > 2021-02-16 11:49 | Report Abuse

I was scanning through some stock charts yesterday afternoon and Karex was showing early signs of a move up. It's price has slipped from 80 to be floating around 75/75.5 for a few sessions but now has the appearance of some interest entering the stock.

Yesterday the MACD was close to crossing over and this morning it has finally broken through.
Yesterday's short term Moving Average was 76.5 and has just broken through this morning.
Stochastics have just moved out of oversold territory and are now just into "low neutral" territory.

What it needs now is an increase in volume to make this small move more convincing.
Obvious overhead targets are 80, 84 and 88.

Hong Leong Bank gave a buy recommendation last month on this stock with a valuation at 1.19 ( !!! ) but I wouldn't let that price influence you, as it feels like a million miles away from that price point right now.

Worth watch, IMO.

Posted by tcgien > 2021-02-16 23:30 | Report Abuse

I already jump in riding it. chart TA looks good. although no volume yet, but steadily up

Posted by TreeTopView > 2021-02-17 08:27 | Report Abuse

Good morning, tcgien.

Yes, an increase in volume could be the catalyst to help the price support all the other positive chart indicators. There was a bit more interest yesterday with the volume increasing by an extra 360K over the previous day. The overall soft market yesterday didn't do anything to help either.

The chart still looks tempting to me, so I picked up a few shares in this yesterday. Let's see what today brings :)

Posted by Sipektuaki > 2021-02-17 15:16 | Report Abuse

Knn

Posted by Learner King > 2021-02-21 11:52 | Report Abuse

The coming Quarter Report should be profitable also, just wondering would it better than last Q?

Posted by MoneyShow3 > 2021-02-21 14:13 | Report Abuse

Except for the current glove players expansion plans, the other follow me counters might not be as successful due to marketing and distribution. Karex has a good, strong and wide distribution network on the consumer retail side. Once they break into the medical segment, they would be able to profit from their glove venture as well.

We all forgot that even with the surgical gloves, it's all packed in carton boxes and around 25 to 50 per box like mask.

Karex should smartly use their packaging knowhow and perhaps seal pairs of surgical grade latex gloves. Sometimes a difference in presentation and differentiation can drive a lot more profits from just following the leader.

Long term potential...

Posted by TreeTopView > 2021-02-22 09:39 | Report Abuse

I mentioned early last week that the chart was beginning to look interesting for an upward move, however , although the price did try to rise it failed to break 78.5. The overall market last week was soft/weak, so that certainly didn't help the upward move, with sellers moving in.

Today we are in the same place as we were early last week, with the Stochastics crossing over so we MIGHT see another attempt to break out of this current range. A more overall positive market this week (hope) may help Karex on its way up.

Disclaimer: I bought shares in this company last week.

Posted by nich0las > 2021-02-22 17:40 | Report Abuse

aiyo, ini result say doing glove. Swt... better stay away from this dom dom. Goodluck guys.

Posted by steve8lily > 2021-02-22 18:37 | Report Abuse

Q2 result is 28x if compare last Yr same quarter, look very sorrow on the stock price

Posted by weida8877 > 2021-02-22 20:30 | Report Abuse

Sad. Hope will not drop so much.

Posted by andyvin07 > 2021-02-22 22:49 | Report Abuse

This company should give a better dividends to attract investors.

Posted by limkokthye > 2021-02-23 13:39 | Report Abuse

good sales , everybody buy condom and lubricant and song song at home

Posted by spicyketchup > 2021-02-23 13:49 | Report Abuse

din drop good sign, rally for next qr. sideway for 2 mths

Posted by limkokthye > 2021-02-23 15:32 | Report Abuse

buy more condom everyday song song until karex shoot high high

Posted by Pinky > 2021-02-24 11:16 | Report Abuse

Is Karex another glove-like mania stock? The TPs are sooooo optimistic, forward PE so high, dividend yield so low...

Posted by Sipektuaki > 2021-02-24 16:31 | Report Abuse

Nice karex...

Posted by xiaoGinna6969 > 2021-02-25 15:17 | Report Abuse

Nice RM0.69

Posted by Sipektuaki > 2021-02-25 16:03 | Report Abuse

Steady karex

Posted by eYuppie > 2021-02-26 11:15 | Report Abuse

Why Karex good result but its share price fall so sharp?

Posted by eYuppie > 2021-02-26 11:18 | Report Abuse

Is it that the smart money doing a shake out and trying to frighten the traders so that they will make huge gain on their next coming move?

Posted by dompeilee > 2021-02-26 14:54 | Report Abuse

Posted by dompeilee > Aug 4, 2020 11:35 AM

SOLD 72% of the Karex that I doggedly averaged down from my first purchase @ 1.24 all the way down to the low 0.40s, from 74c all the way up to 80c this morning.

My average cost + commission is just over 73c =)

Didn't get top dollar when I exited my Karex position completely in August, BUT I'm so relieved to escape from this capital prison after a 3-year sentence lol!

Result good also plunge...now 7c BELOW my average entry level =)

Posted by Manin40 > 2021-02-26 14:56 | Report Abuse

nowadays result good will drop, it different

Posted by ivanlau > 2021-02-26 22:18 | Report Abuse

------ quote -------
Stock: [KAREX]: KAREX BHD

Jan 7, 2021 9:00 PM | Report Abuse

--------- quote ------

Stock: [KAREX]: KAREX BHD

Dec 6, 2020 11:25 AM | Report Abuse

Based on my calculation , fair value of Karex till end March 2021 around 70 cents. now 94 cents, consider overvalue .......
------- unquote -----

Already highlighted the fair value of this stock at 6 dec. Today closing 78 cents
------ unquote -------

today closing 0.65 ... If you listen to me disposed the share on 6/Dec with 0.94, now u will laugh to sleep .

Posted by DawscpJ > 2021-03-01 14:07 | Report Abuse

0.65 ..

Posted by eYuppie > 2021-03-01 16:00 | Report Abuse

Strange, result bad share price fall, result good share price may fall too coz many so called Sifu advised their followers to sell on news.

Posted by eYuppie > 2021-03-05 15:37 | Report Abuse

Trying to stay above 0.625. Can it make it and reverse?

Posted by Bennychua007 > 2021-03-05 17:56 | Report Abuse

Leta big leg play themselves

Posted by BeastOfTheEast > 2021-03-16 13:55 | Report Abuse

Karex to see earnings recovery from OBM & gloves

https://www.theedgemarkets.com/article/karex-see-earnings-recovery-obm-and-gloves-says-hlib

Posted by BeastOfTheEast > 2021-03-16 13:56 | Report Abuse

yep karex now already in glove business also

Posted by goodiewilly > 2021-03-16 14:00 | Report Abuse

Price is the lowest of all glove and glove are sinking, so Karex can move up? Real doubtful

Posted by goodiewilly > 2021-03-16 14:01 | Report Abuse

Analyst recommended target price : RM1.19...
Laugh Die Me

Posted by Pinky > 2021-03-16 17:24 | Report Abuse

@goodiewilly that TP got crazy forward P/E...

Even more crazy than those for glove stocks

Posted by goodiewilly > 2021-03-17 21:35 | Report Abuse

https://www.theedgemarkets.com/article/pm-announces-stock-marketrelated-measures-under-pemerkasa-package?type=malaysia

Posted by khanchoon > 2021-03-18 17:16 | Report Abuse

sales increase, but profit margin is so low compare to year 2014-2017

Posted by trade766 > 2021-03-29 08:11 | Report Abuse

pkm, those fcxxing analysis all bull shit.being paid

Posted by Jokers2020 > 2021-04-08 22:10 | Report Abuse

all glove stock moving..only this lagging...maybe wrong type of glove..lol

Posted by thesteward > 2021-04-08 22:16 | Report Abuse

This one sud Move Soon. No controversy like others

Posted by Jokers2020 > 2021-04-09 10:38 | Report Abuse

uselesz karex..all up but lagged..all down follow down.

Posted by Diving > 2021-04-13 12:27 | Report Abuse

When can you go up?

Posted by Fattymin > 2021-04-15 22:01 | Report Abuse

otw

Posted by vcinvestor > 2021-04-16 15:37 | Report Abuse

guys, i think Condom004 knows what they;re talking about. Look at their username.

Posted by z5spyglass > 2021-04-19 22:46 | Report Abuse

Karex - Bloody hopeless

Posted by lianhai1996 > 2021-04-20 12:15 | Report Abuse

health index dropped in the morning washed down and now going up

Posted by z5spyglass > 2021-04-21 09:51 | Report Abuse

karex flush down the toilet. full of tahi