Posted by philipchua > 2014-03-26 09:24 | Report Abuse

quick sell sell to me!!

Posted by Johny Khong > 2014-03-26 09:31 | Report Abuse

FYI, every movement of 1 cent today is equiv. to 1.5 cents previously. I leave the rest of d calculations to u all. Huat ah...

Posted by fortunebullz > 2014-03-26 10:00 | Report Abuse

I hope youall manage to buy below 3.00 this morning!

Posted by philipchua > 2014-03-26 10:02 | Report Abuse

Why fortunebullz anything add to the statement of why 3.0?

Posted by butter_will_fly > 2014-03-26 10:02 | Report Abuse

Finally KAREX is moving hehe. Congrats to all believers in rubber tube maker! Hehe.

Posted by lulhunter > 2014-03-26 10:13 | Report Abuse

finally hit above 4.5 if you count before split and top gainer!

Posted by TheTunaTrader > 2014-03-26 10:55 | Report Abuse

missed the below rm3 zone.. q some at 3.02, tengok ada rezeki ke tak

Posted by lulhunter > 2014-03-26 10:59 | Report Abuse

@muscle, end of this Friday. So it shall be reflected by Monday.

Posted by summer22 > 2014-03-26 11:09 | Report Abuse

Iulhunter, do you mean Next monday price will be drop after credit to account on this friday.

Posted by dsonicfan > 2014-03-26 11:17 | Report Abuse

I think wont adjust if that's what you mean. Today already adjusted :)

Posted by summer22 > 2014-03-26 11:17 | Report Abuse

is it next monday price will be drop after credit to account on this friday? please advise?

Posted by dsonicfan > 2014-03-26 11:19 | Report Abuse

already adjusted today summer

4.34 x 2/3 = 2.89

Posted by lulhunter > 2014-03-26 11:23 | Report Abuse

@summer22 the price is already adjusted today as today is considered trading as ex-date. yesterday before close was 4.34. Today price is 2.89. :)

Posted by lulhunter > 2014-03-26 11:25 | Report Abuse

Today Karex became the 1st top gainer!!

Posted by summer22 > 2014-03-26 11:26 | Report Abuse

Thanks. is it now is a good price to buy?

Posted by RL168 > 2014-03-26 11:28 | Report Abuse

For long term invest can buy.....

Posted by lulhunter > 2014-03-26 11:29 | Report Abuse

@summer22 The decision is yours. After bonus issue, price may go both ways. Trade at your own risk.

Posted by summer22 > 2014-03-26 11:32 | Report Abuse

Thanks Iulhunter!

Posted by johnny cash > 2014-03-26 12:30 | Report Abuse

PLEASE can someone please advise me, can i go in now?? already 24cents now.. please some experts please advise me? thanks

Posted by ironman3 > 2014-03-26 12:37 | Report Abuse

go in only... dun hesitate...

Posted by fortunebullz > 2014-03-26 12:39 | Report Abuse

Am I right or am I right!

Posted by xyzsim > 2014-03-26 12:39 | Report Abuse

hi master , can advise me how to calculate bonus issue ? bonus issue 2:1?

Posted by butter_will_fly > 2014-03-26 12:42 | Report Abuse

Bonus issue 1:2. 1 bonus share with 2 existing share. 2 lots of KAREX = total 3 lots of KAREX in your CDS account on entitlement date.

Posted by Silent > 2014-03-26 12:59 | Report Abuse

hello.. can anyone share with me on what is the difference between entitlement date and expiry date? The effect of share price is seen after expiry date but we will only get the extra share after entitlement date? Thanks!

Posted by xyzsim > 2014-03-26 13:01 | Report Abuse

thank u ..i hope to get bonus d:

Posted by lulhunter > 2014-03-26 13:07 | Report Abuse

@Silent Entitlement date means when you will receive your bonus share. In this case bonus share shall be credited by 28 March 5pm.

Posted by Ant > 2014-03-26 13:16 | Report Abuse

ha ha ha... we all the old brid should be very happ now... and
now we will say bye bye to 3.0... next will be 3.3.
year end 4.0 (this is my very conservatism TP, becos is might higher when the new production line is ready in year end ).

Posted by johnny cash > 2014-03-26 13:24 | Report Abuse

CIMB GAVE 3.38 TARGET PRICE AFTER EX

Posted by lulhunter > 2014-03-26 13:25 | Report Abuse

Those who bought at IPO price gained more than 150%.

Posted by johnny cash > 2014-03-26 13:25 | Report Abuse

One-for-two bonus issue goes ex
Karex’s one-for-two bonus issue has gone ex today. Post ex, our target price is
adjusted to RM3.38, which is still pegged at 19x CY15 P/E (20% premium over
the average P/E of the rubber glove sector). We maintain our Add rating on
the stock with strong results, the initiation of dividend payouts and higher
liquidity from the bonus issue being the potential re-rating catalysts.

What Happened
Karex’s bonus issue has gone ex today with the issuance of 135m new bonus
shares on the basis of one bonus share for every two existing shares. Post ex,
our target price is adjusted to RM3.38.
What We Think
While it provides no fundamental change to Karex’s prospects, the bonus issue
is likely to boost the stock’s liquidity and improve the near-term trading
sentiment. Given Karex’s strong fundamentals, the higher liquidity will give a
boost to its share price.
We expect Karex to post strong results in 2H as the six new production lines
installed a few months ago start to make partial contribution in 3QFY14 and
full contribution in 4QFY14. Despite the higher capacity arising from the four
new production lines added in 2013, Karex is currently running at a utilisation
rate of 81-82%. Its delivery lead time remains at a lengthy period of four
months (two months more than the ideal delivery lead time), which indicates
that there is strong demand for Karex’s products.
What You Should Do
Accumulate. Despite the recent strong rally in its share price, we think that
Karex is still an attractive stock in view of the strong demand for its products,
as evidenced by the long delivery lead time of four months and high utilisation
rate of 81-82% (despite the installation of four new lines in 2013). The
prospects of dividend payouts could provide another re-rating catalyst.

Posted by member41 > 2014-03-26 13:32 | Report Abuse

condom lovers just keep buying hold long term :)

Posted by Minami Hagiwara > 2014-03-26 15:11 | Report Abuse

After x also going up. Strong.

Posted by angkor > 2014-03-26 15:13 | Report Abuse

karex will eventually touch back 4.xx within 3 months time... let's see

Posted by Rachel Lee Lingwooi > 2014-03-26 15:14 | Report Abuse

Next will be 3.30.

Posted by johnny cash > 2014-03-26 17:11 | Report Abuse

but target price only given 3.38 by CIMB at the moment.. What are the news that can push the counter upwards?? but CIMB says high liquidity will boost up the share price, but target price given only 3.38 at the moment.. cimb says trading on this counter will be interesting in the near term..

Posted by lulhunter > 2014-03-26 17:36 | Report Abuse

@johnny cash, when price reach, there will be new TP, and new TP and new TP. The cycle ends when the price fall.

Posted by angkor > 2014-03-26 17:38 | Report Abuse

Just look at how RHB keeps on giving new TP on DSONIC...

Posted by chinesetea > 2014-03-26 19:32 | Report Abuse

The latex price has dropped from 5.5/kg to between 4.5-5/kg (20% drop) since last target was issued. You can expect the profit margin has been reduced and it's a matter of time before we see the net profit increase and re rating of karex.

Don't expect it to rise as quickly as Dsonic but it will also get there with different pace. As long as people still using condom and population increase y-o-y, karex will grow.

RHB can also up target by bumping up PE ratio because of more liquidity, a no brainer for them.

Posted by alphajack > 2014-03-26 20:20 | Report Abuse

tomorrow fly again

Posted by Melaos > 2014-03-26 22:44 | Report Abuse

Wah Viagra?

Posted by johnny cash > 2014-03-26 23:30 | Report Abuse

THANKS frens for the reply

Posted by aiman168 > 2014-03-27 10:15 | Report Abuse

karex... what every man need...penyelamat selama lamanya

Posted by ckl4717 > 2014-03-27 23:09 | Report Abuse

Karex can keep for as long as possible unless u married and stop using condoms! as for economics of scale, Karex producing 3 billion pieces/year if earn 100 million, producing 6 billion pieces per year shud earn more than 200 million, coz the overhead cost remain about the same, but they have more production and more sales.

Posted by member41 > 2014-03-27 23:31 | Report Abuse

Haha remember they wanna make two ballon for every man on earth in two yr time.

Posted by xenolover > 2014-03-28 03:13 | Report Abuse

according to statistic, malay gentlemen hardly use condom, and chinese gentlemen like to use condom.

Posted by Syimgoku > 2014-03-28 09:22 | Report Abuse

Today is the entitlement date for bonus issue right. Why the no of shares still not adjusted.

Posted by lulhunter > 2014-03-28 09:51 | Report Abuse

@Syimgoku if you read from bursa, it shall only be credited by 5pm today.

Posted by Syimgoku > 2014-03-28 10:11 | Report Abuse

Ok. Noted. Tks for the info.

Posted by buffet88 > 2014-03-28 11:08 | Report Abuse

Don't worry about selling. The stock is as hard as rock ..... its rock solid. Should be 3.50 soon.

Posted by rkl00102 > 2014-03-28 15:39 | Report Abuse

@butter it will take around 1 month time for seeing the share in your account