KLSE (MYR): KAREX (5247)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price


Today's Change

+0.005 (0.73%)

Day's Change

0.655 - 0.69

Trading Volume


32 people like this.

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


2,647 posts

Posted by newbie8080 > 2021-12-10 10:41 | Report Abuse

When world largest glove maker Topglove started producing condoms, Karex don't stand a chance in terms of capability to scale and operating margins.


1,324 posts

Posted by TreeTopView > 2022-01-16 09:03 | Report Abuse

Let's see if this forecasted upswing in demand in 2022 translates to higher revenues and profit over the next two or three quarters.

All the Covid related hurdles such as supply chain restraints and increased shipping costs have been very detrimental to their business model. If they have been able to rectify some of those issues and are also expecting an upswing in demand then there might be some hope for the company to improve its balance sheet throughout the year.



70 posts

Posted by Fujisnow > 2022-02-21 20:31 | Report Abuse

coming QR will be good? con man.

Posted by MaluNegaraKu > 2022-03-04 09:08 | Report Abuse

So many die due to covid - less human to use condom

Posted by MaluNegaraKu > 2022-03-23 12:25 | Report Abuse

When covid , all MCO , GRO also no job, no money buy condom


176 posts

Posted by shawn88 > 2022-04-14 17:16 | Report Abuse

康乐 最糟糕情况没过

Posted by wallstreetrookie > 2022-05-05 22:39 | Report Abuse

Roe v Wade court decision. US will ban abortion and thus need more condom imports from Malaysia. Obviously this is a bull case for this company since it is one of the biggest producers and has no ESG issues. Overweight on Karex

Posted by wallstreetrookie > 2022-05-06 21:26 | Report Abuse

Seriously, if Roe v Wade goes through in the US Supreme Court, condom demand will skyrocket. No Malaysian investor has discovered this yet. Good opportunity for speculation

Posted by wallstreetrookie > 2022-05-06 21:30 | Report Abuse

No analyst will cover this type of news haha. Because in such a secular country, cannot talk about abortion haha

Posted by wallstreetrookie > 2022-05-07 20:36 | Report Abuse

Karex is literally the biggest condom producer in the world. Condom sales projected to explode 10x if the court case Roe v Wade is overturned by SCOTUS

Posted by wallstreetrookie > 2022-05-07 20:36 | Report Abuse

Buy the rumour, Karex Berhad

Posted by The_JQuestion > 2022-05-07 21:25 | Report Abuse

hmm interesting topic money stuck in some stocks tho cant goreng HEHE

Posted by The_JQuestion > 2022-05-10 13:46 | Report Abuse

haiyo mcm glove counter suda dont touch

Posted by wallstreetrookie > 2022-05-12 05:37 | Report Abuse

In a defeat that was all but inevitable, Senate Democrats failed to advance legislation intended to protect abortion access nationwide even if the Supreme Court overturns Roe v. Wade.

Posted by wallstreetrookie > 2022-05-29 21:33 | Report Abuse

Karex Berhad raised to Overweight
With a long term price target of RM0.80

Posted by wallstreetrookie > 2022-05-29 21:34 | Report Abuse

Karex Berhads: Stocks to Watch in 2023

Posted by wallstreetrookie > 2022-06-24 23:24 | Report Abuse

Supreme Court Overturns Roe v. Wade Abortion-Rights Ruling

Posted by wallstreetrookie > 2022-06-24 23:24 | Report Abuse

No more abortion: US Condon Sales will go up.
Karex Upgraded to Overweight


1,238 posts

Posted by stevenckheng > 2022-06-25 00:22 | Report Abuse

dont for got male and female contraception pils

Posted by wallstreetrookie > 2022-06-26 11:32 | Report Abuse

Durex, Karex sales will go up

Posted by wallstreetrookie > 2022-06-26 11:43 | Report Abuse

I’m buying Karex, Malaysian fund managers are dumb enough to realise that condom sales will skyrocket

Posted by wallstreetrookie > 2022-06-26 11:43 | Report Abuse

Contraception pills are unhealthy and will damage your body, condoms are disposable

Posted by wallstreetrookie > 2022-07-02 23:19 | Report Abuse

@eklim65 Useless news. Female contraception is not an option, condom sales will rebound

Posted by wallstreetrookie > 2022-07-02 23:19 | Report Abuse

Sell-side analysts spreading negative news again. For F sake


166 posts

Posted by jamestecs > 2022-10-06 17:40 | Report Abuse

Inflation going higher and higher, more people wanna birth control.

Posted by Killsthebear > 2022-11-07 16:19 | Report Abuse



1,324 posts

Posted by TreeTopView > 2022-11-07 17:04 | Report Abuse

The technicals on Karex have been interesting for about a month but I've never been brave enough to do anything about it and buy any. Now today it's up over 13% on 10 million volume.....grrrrrrrr.

Any rumours?

Posted by wallstreetrookie > 2022-11-07 20:40 | Report Abuse

US banned abortion, this means global condom sales went up significantly = $$$ for Karex


1,425 posts

Posted by Vhydro > 2022-11-07 21:13 | Report Abuse

bad news rumour?

Posted by wallstreetrookie > 2022-11-08 09:20 | Report Abuse

Someone is trading on insider info

Posted by wallstreetrookie > 2022-11-08 09:20 | Report Abuse

Highly illegal activity going on. I saw a post on Facebook, someone bought Karex when it spiked and promoting the stock in a private Telegram group

Posted by wallstreetrookie > 2022-11-08 09:21 | Report Abuse

I can kinda guess who the person behind the Facebook account is working at. Again, it is not my job to report.


1,324 posts

Posted by TreeTopView > 2022-11-08 09:32 | Report Abuse

I was thinking last night about what plans Karex could be coming up with to nove the price up, as we have seen recently. The obvious one that came to mind was to increase the price of condoms they manufacture for the major companies like Durex, although they haven't done that during the rising input prices over the last 2 years.

The other option was something they suggested about a year or so ago, where they start producing and marketing their own brand of condoms for the global market.

Apart from that, I've got nothing..........unless it's merely what they mentioned a few weeks ago about their Thailand glove manufacturing plant getting closer to coming online.

I missed the boat, so I'll sit this one out for now.

Posted by wallstreetrookie > 2022-11-08 10:05 | Report Abuse

I already bought a long time ago haha

Posted by wallstreetrookie > 2022-11-08 10:05 | Report Abuse

When the US overturned abortion laws. Roe v Wade

Posted by wallstreetrookie > 2022-11-08 10:06 | Report Abuse

@Vhydro someone is trading on insider news. Good news not bad news

Posted by wallstreetrookie > 2022-11-08 10:13 | Report Abuse

It is time to buy more. Strong buy

Posted by wallstreetrookie > 2022-11-08 10:15 | Report Abuse

Just let it go up.

Posted by wallstreetrookie > 2022-11-08 10:28 | Report Abuse

Bring us to the moon, CGS-CIMB prop traders

Posted by wallstreetrookie > 2022-11-08 11:19 | Report Abuse

Historical high revenue, release the quarterly result early

Posted by wallstreetrookie > 2022-11-08 11:21 | Report Abuse

I think Karex will report the highest ever profits because millions of Americans can no longer opt for abortion. Contraception pills are not safe. Therefore, Karex, being the largest condom maker in the world, will be the world's largest benefactor.

I am extremely bullish. My price target is actually RM0.80. Not kidding


1,324 posts

Posted by TreeTopView > 2022-11-08 12:26 | Report Abuse

You think Karex will deliver "the highest ever profits" in the upcoming quarterly?

You're dreaming, wsr.

They are struggling to even turn a profit, as input costs have risen so much over the past 2 years. There might be an eventual recovery for them but to say they will be delivering highest ever profits is way over the top.
Let's see what they can deliver over the next 3, 6 and 12 months to see if they are able to get out of this loss making position.

Posted by wallstreetrookie > 2022-11-08 13:09 | Report Abuse

Well, you are just looking at the 1-day price action. Karex will hit RM0.80 in no time

Posted by wallstreetrookie > 2022-11-08 13:10 | Report Abuse

See, I told you it's CGS-CIMB.
The Edge: CGS-CIMB lifts Karex’s target price by 80%, expects condom maker to return to black in FY2023

Posted by wallstreetrookie > 2022-11-08 13:12 | Report Abuse

Yes, I expect highest ever profits within the next 6 months, barring labour shortage issues. Malaysia is bringing in a lot of foreign workers. Labour issues will be resolved soon, input costs will come down significantly. So I am fairly optimistic

Posted by wallstreetrookie > 2022-11-08 13:14 | Report Abuse

Karex management literally told us that the company expects to see condom demand surpassing pre-pandemic levels. You go and meet the CEO and ask him yourself. He will tell you that condom sales are absolutely flying right now after the Roe v Wade US Supreme Court decision. Not to mention the fact that countries all over the world are pushing greater awareness towards sexual education. Condom sales is expected to grow at more than 7% CAGR

Posted by wallstreetrookie > 2022-11-08 13:20 | Report Abuse

Mordor Intelligence:
1. Condom market is poised to grow at CAGR of 8.2% by 2027.

2. 1 in every 5 condoms is produced by Karex Berhad. Competitors including Reckitt and Humanwell are not gaining much market share after long period of consolidation.

3. The rise in the adoption rates of contraceptive products among consumers across the world is boosting the demand for condoms. Moreover, growing awareness through government initiatives, along with comprehensive sex education programs to reduce the prevalence of sexually transmitted diseases, is driving the market growth across the world.
Apart from sex education and prevention against STDs, the introduction of innovative condom designs, coupled with innovative packaging style, increased marketing, and promotional activities, are some of the major factors boosting the market growth further.


1,324 posts

Posted by TreeTopView > 2022-11-08 14:17 | Report Abuse

With respect, "returning to the black in FY 2023" is not what you suggested when you stated that it was about to deliver it's highest ever profits in the quarterly.

I actually hope it can start delivering profits, as it baffles me how a company that has the highest sales by volume globally can't turn a profit for their products.

Post a Comment
Market Buzz