Dean1213 in summary, it will not change the value when you first get the bonus. However it is quite likely for the share price to increase massively after that, You can examine the price of Kossan that give the share bonus few months ago and then the price of it keep increasing and may return to the original share price again. Another example is DSONIC that gives share bonus last year and then split after that. Of course, not every company will have the same outcome and some are just use the bonus share to hide their problem. With Karex, it's definitely follow the Kossan's foot step and may one day split like DSONIC, who knows.
After issuing the bonus or the share is spitted, the price will be adjusted. This makes the share looks a bit cheaper and hence more people will buy. It also increase the liquidity of the share and will attract big funds.
So it is recommended to buy and keep it for long term, but don't chase high. Monday will definitely shoot up but don't expect it to rise like no tomorrow. If it is too high, wait for correction before you buy.
Buy and Sell at your own risk and don't play contra.
A billions thank to you chinesetea for sharing the knowledge, your information is very helpful, i think before i m going to invest, i should probably invest in my knowledge 1st. haha thank vy much~
hi chinesetea, I concur w yr comparing Karex w Kossan & Dsonic. However, if u look at their historical price trend, Karex's is much more encouraging vis-a-vis Dsonic especially. Karex took off from d starting block like a rocket whereas Dsonic started to come alive only in Jun 2013 after hving gone public in Sep 2012. I believe Karex cud even surpass Dsonic's sterling track record given time. All the best.
hi Dean1213, it can be very tricky to decide wat and when is d best price and time respectively to buy an asset. Ideally, we always want to get d best buy every time. But if u r faced w a hot and much sought-after asset like Karex, tht best buy is always very difficult to achieve. If u procrastinate yr buying further, u cud well be buying at an even higher price and u still wud be contented w it. My advise is: if u hv decided in wanting Karex, make d plunge sooner than later. Unless u r a contra player, any price is a good price to buy and d market w always give u an opportunity to reduce yr holding cost later. ALWAYS remember, Karex is a HOT asset from d very beginning and it w be much sought-after from now onwards. Happy investing and all d best.
I am confident the coming quarter result may be even better because of the reduction of latex price. Rhb assume 550 Sen per kg when they published the target. The price has dropped to between 460-480 and this will further help the already excellent profit margin. Wait for Rhb to upgrade the target! Stay invested for long term!!
A bit worried on the cash flow on operations.... too low compared to the profir and the nature of the business should be like cash cow... Do they have any problem with one of the their receivables?.......
@JK. I have no idea what i expecting out of d AGM. Not devidend bcos i belive i will not get any before 2016. Not a free condom bcos i can buy from 7-11. Not the free cash flow bcos 15% profit is consider a not too bad margin.
in fact I have a bit down with the QR, and I known I am investing the future of karex, so i want to feel and see Mr Goh and the management team do they have enough enthusiasm and any plan to achieve what kossan or top glove has achieve.
so JK. you will going to tell Mr Goh what we retail's investor concern, we want a plan, we want passion, we want an achievement. I will see him in AGM huar ah, Karex
aahtan, I'm only a very small fish in d enormously vast ocean. And, I'm not a good swimmer. I'm very sure if yr concern is addressed by Mr Goh, it w b good enuf for me. BTW, why is d market not reacting favorably to d bonus approval by Bursa for Karex? Has it been discounted by d market already?
hi member41 & aahtan, we ought to look at d screen once in awhile one. At least, tis w motivate us to get thru d day easier. Furthermore, we do not want to be caught w d pants down and let d balloon dangling halfway. Of course, dun look at d screen every minute or two lahhhh..... Haha...
aahtan, good for u for hving d stamina to stay until tp of 8.00. Actually, I dun hv any tp in mind at d moment. I think I shud. Otherwise, I guess I w be here alone and that's no fun at all.
aahtan, I want to if my travel schedule permits. If u hv d details later, kindly share w me pls. Thanks. p/s: we can surely do some networking as well while at d AGM.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AhHuat50
73 posts
Posted by AhHuat50 > 2014-02-23 01:12 | Report Abuse
Guys, grab your good chance to buy it. It has more chance to go higher and higher.