KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.69

Today's Change

+0.005 (0.73%)

Day's Change

0.655 - 0.69

Trading Volume

1,302,900


32 people like this.

11,831 comment(s). Last comment by deMusangking 5 days ago

Sipektuaki

279 posts

Posted by Sipektuaki > 2021-05-25 14:48 | Report Abuse

Lelong kikiki

Burdoc

476 posts

Posted by Burdoc > 2021-05-26 10:45 | Report Abuse

Karex is family business. I believe they play the account to withdraw money out for family use to cover other businesses outside. Now is Pandemics period, no surprises cash is needed to cover many lobang or even personal use. Big family members need to eat and jaga.

:-)

7,522 posts

Posted by :-) > 2021-05-26 10:52 | Report Abuse

Overvalued? Undervalued?

dompeilee

11,408 posts

Posted by dompeilee > 2021-05-26 18:24 | 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!


Got OUT completely & very happyyyy now =D

:-)

7,522 posts

Posted by :-) > 2021-05-26 21:26 | Report Abuse

Wow dompeilee@ thanks for sharing your info.

OkieDokie

197 posts

Posted by OkieDokie > 2021-05-27 23:00 | Report Abuse

ha ha ha .... by my understanding , no matter which counters I go to, i noticed dompeilee is the only stock trader in i3 making monies. Congrats...

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-27 23:01 | Report Abuse

ha ha ha

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-27 23:01 | Report Abuse

yah kah

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-27 23:01 | Report Abuse

sure boh

dompeilee

11,408 posts

Posted by dompeilee > 2021-05-28 08:01 | Report Abuse

That's not quite true, but I must admit I have been selling quite close to / at the TOP for many many counters in '20/'21...yet Karex is not one of them. The highest price I got was 1.17 but most of my shares went out just under 80c

OkieDokie

197 posts

Posted by OkieDokie > 2021-05-28 17:01 | Report Abuse

ha ha ha , 独乐乐不如众乐乐, 独食难肥啊,开班授课收徒弟呗 !

Burdoc

476 posts

Posted by Burdoc > 2021-05-30 09:29 | Report Abuse

Anyone know why making losses i latest qr? Still good future?

Diving

13 posts

Posted by Diving > 2021-06-10 10:32 | Report Abuse

Is karex glove factory at Thailand on track? Glove production to be started in July 2021? Any news?

yumchar

55 posts

Posted by yumchar > 2021-06-18 13:14 | Report Abuse

Karex is facing a temporary erectile dysfunction due to the stress created by this pandemic. Karex will “re-erect” due to the pent-up demand especially in the sex tourism industry once herd immunity is achieved. Can't see condoms consumption back to the pre-pandemic level anytime soon but the catheters and the new glove business are literally working hand-in-glove to bring in the profits in time to come. The management appears a bit laid-back, so don't expect anything explosive.

Posted by steadylahbro > 2021-07-03 01:00 | Report Abuse

Lain holdings semua green2 but this Karex... disappointing performance and no clear updates from management whatsoever

Like wot... build 2 glove lines wanna take 1 whole year ka?

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-07-06 01:03 | Report Abuse

Glove ASP down and seems like there could be impact to karex. Low of the year not tested, perhaps 40sen..did they borrow for the glove investment?

Posted by steadylahbro > 2021-07-07 08:56 | Report Abuse

I dont think so, I remember Karex used internal funds for their glove venture

The thing is they spent 40 mil just for 2 lines as they dont have the economies of scale soo ye the quick decline in ASP is smtg to look out for perhaps

Posted by steadylahbro > 2021-07-08 00:32 | Report Abuse

Regarding my comment above:

"At the initial stage, Karex intends to set up two production lines within 12 months from the date of this announcement that is estimated to have a yearly production capacity of up to 500 million gloves (Phase 1) with the remaining production lines to be gradually set up over the course of the next 48 months.

For Phase 1, Karex will require a total estimated capital expenditure of RM40 million which will be funded through a combination of internally generated funds and/or bank borrowings."

https://www.malaymail.com/news/money/2020/08/24/karex-to-manufacture-up-to-2.5b-medical-gloves-in-hatyai-thailand/1896722

dompeilee

11,408 posts

Posted by dompeilee > 2021-07-09 08:05 | Report Abuse

Wah...in the 40s already ah? Waterfall on the chart somemore! lol

tctctc

43 posts

Posted by tctctc > 2021-07-13 16:52 | Report Abuse

all the glove counter likely to be a value trap

secondly, ask yourself
1. how long you never buy condom
2. are you going to buy a box after covid

drken91

294 posts

Posted by drken91 > 2021-07-13 16:54 | Report Abuse

oxygen supply shortage will be the next theme

drken91

294 posts

Posted by drken91 > 2021-07-16 09:41 | Report Abuse

jio here dy, oxygen supply shortage is indeed the next theme

monitor BIG, potential LU today

10KaDay

91 posts

Posted by 10KaDay > 2021-08-02 16:33 | Report Abuse

lousy company. every day down. useless owner

Posted by xiaoGinna6969 > 2021-08-09 14:54 | Report Abuse

Hmmm is this business undervalued?

Posted by xiaoGinna6969 > 2021-08-09 14:54 | Report Abuse

@tctctc tak da bini cam mana nak guna kondom?

stevenckheng

1,238 posts

Posted by stevenckheng > 2021-08-24 14:13 | Report Abuse

people buying condom from taobao china

jamestecs

166 posts

Posted by jamestecs > 2021-08-27 10:50 | Report Abuse

Taobao china condom made in Malaysia.

shawn88

176 posts

Posted by shawn88 > 2021-09-01 12:06 | Report Abuse

qr not yet?

Posted by steadylahbro > 2021-09-01 17:04 | Report Abuse

Seems like not yet, I tink maybe within this week by Friday

dompeilee

11,408 posts

Posted by dompeilee > 2021-09-02 15:14 | 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 =)

Bought back Karex @ 47-47.5c today...recommended 2 clients for the last 2 weeks.

pushparaj

198 posts

Posted by pushparaj > 2021-09-02 19:01 | Report Abuse

Hopefully with good profit and dividend declaration.

dompeilee

11,408 posts

Posted by dompeilee > 2021-09-03 15:11 | Report Abuse

Karex MOOOOoooving =)

pushparaj

198 posts

Posted by pushparaj > 2021-09-04 19:41 | Report Abuse

Momentum is good, the past 2 days. Resistance support at 55cent expected

JohnFook

569 posts

Posted by JohnFook > 2021-09-05 16:25 | Report Abuse

Condom taking over glove....flyyyyyyyy

Diving

13 posts

Posted by Diving > 2021-09-10 11:37 | Report Abuse

Why karex qr not out yet? Thought should out in Aug?

Posted by Killsthebear > 2021-09-21 14:56 | Report Abuse

too busy shiok sendiri until forgot QR?

Posted by The_JQuestion > 2021-09-30 09:39 | Report Abuse

how come lose money MCO no condom sales ah

DawscpJ

280 posts

Posted by DawscpJ > 2021-10-07 12:24 | Report Abuse

why karex so cham ???

Thomask

40 posts

Posted by Thomask > 2021-10-10 18:17 | Report Abuse

Hoseh Liao, now can cross states, everyone go travel, stay at hotel, do thing they love, domdom sale up

shpg22

2,983 posts

Posted by shpg22 > 2021-10-28 17:43 | Report Abuse

All practice bukkake d. Nobody wear condom nowaday.

CHHu

95 posts

Posted by CHHu > 2021-11-02 14:15 | Report Abuse

No volume...

unomi12

342 posts

Posted by unomi12 > 2021-11-15 12:02 | Report Abuse

all glove share moving except karex. If not mistaken Karex also produce nitrile gloves.

CHHu

95 posts

Posted by CHHu > 2021-11-30 05:15 | Report Abuse

Karex will roll out new material condom soon. Perhaps will be Nitrile condom? Also expect glove revenue contribution as early as March 2022.

JohnFook

569 posts

Posted by JohnFook > 2021-12-06 21:11 |

Post removed.Why?

JohnFook

569 posts

Posted by JohnFook > 2021-12-06 21:12 |

Post removed.Why?

CHHu

95 posts

Posted by CHHu > 2021-12-07 16:09 | Report Abuse

HLIB also ceased coverage....haiya

JohnFook

569 posts

Posted by JohnFook > 2021-12-07 18:43 |

Post removed.Why?

Posted by Virgin_Share > 2021-12-08 11:01 | Report Abuse

John, you look so dumb commenting about MCO lmao, when over 90% of Karex revenue isn't contributed from Malaysian market

JohnFook

569 posts

Posted by JohnFook > 2021-12-09 13:53 |

Post removed.Why?

Posted by tapestry > 2021-12-10 10:33 | Report Abuse

MRPMA Coffee Break Session with CEO of Karex Berhad: https://www.facebook.com/MYMRPMA/photos/a.123155413262970/233997495512094

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