KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.875

Today's Change

-0.015 (1.69%)

Day's Change

0.865 - 0.895

Trading Volume

1,017,600


32 people like this.

11,896 comment(s). Last comment by fruitcake 1 week ago

Posted by Johny Khong > 2014-08-23 22:18 | Report Abuse

Well said, member41. True Karex shareholders must b able to see its long term value. We must make short term sacrifices to reap its future value. Do u prefer 'roller-coaster' gains or sustainable gains? Surely it's d latter one, right? Then, we must persevere on and trust its management to continue doin a good job to create more value for d company in future.

cheer2014

34 posts

Posted by cheer2014 > 2014-08-25 14:40 | Report Abuse

RHB maintain buy http://adf.ly/rSd4o

DJ

130 posts

Posted by DJ > 2014-08-25 15:18 | Report Abuse

25/08/2014 : 3.38 (12.67%) BUY CIMB

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-08-25 15:29 | Report Abuse

Aiyo.....bankers maintained buy call.....why ppl sell leh.....aiyoyo....timing bo ngam lor......ha ha ha

ufis

504 posts

Posted by ufis > 2014-08-26 13:08 | Report Abuse

guys n gals, ladies n gentlemen
refer to ONLY 1 posting of mine at 21.57 on the 27/5
u shd now digest by what i meant
its futile for karex till the volume comes, but when

its been 3 months since what i said
but its not too late
u want money but alas its not in karex
BUY ECONBHD before its too late..

jimboyz

200 posts

Posted by jimboyz > 2014-08-26 15:13 | Report Abuse

don't catch a falling knife!!!

jimboyz

200 posts

Posted by jimboyz > 2014-08-26 15:14 | Report Abuse

or u will regrett!!!

cmh0623

34 posts

Posted by cmh0623 > 2014-08-26 16:08 | Report Abuse

y? all bankers maintained buy call!

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-08-26 16:18 | Report Abuse

Aiyo.....company's is ok lor........shark accumulate shares mah......ding dong ....few times lor...... then kasi satu kali kaw kaw one lor.......shark not enuf shares on hand how to goreng up......aiyo....wait lor......if you think it is worth to wait lor..........trade on your own risk appetite lor......ha ha ha

yang91

1 posts

Posted by yang91 > 2014-08-27 00:48 | Report Abuse

price drop, volume up, is it the sign to buy? ho ho ho ...

ufis

504 posts

Posted by ufis > 2014-08-27 02:05 | Report Abuse

karex friends, please dont forget only my 2nd posting to u (26/8 at 13.08)

BUY also ECONBHD...check it out before its too late..

nas8878

162 posts

Posted by nas8878 > 2014-08-27 12:23 | Report Abuse

go for Karex-CA, very cheap price now, easily can 2 cents profit.. the mother price will go up above rm3.....

Ant

1,504 posts

Posted by Ant > 2014-08-29 15:26 | Report Abuse

bought 10K @ 2.79.... ha ha

Ant

1,504 posts

Posted by Ant > 2014-08-29 15:33 | Report Abuse

karex my lucky star counter.

Posted by nearownkira > 2014-08-29 16:09 | Report Abuse

my average price is 2.83 , managed to get 1k@ 2.79

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-08-29 16:46 | Report Abuse

Aiyo...Ant got Ann't luck...sure not ....follow you...can earn lui...like that wish you kasi luck olang follow you lor.....ding dong again......ha ha ha

joni

1,259 posts

Posted by joni > 2014-08-29 17:05 | Report Abuse

this counte is good company ; results good too

Cweed

2,262 posts

Posted by Cweed > 2014-08-29 18:31 | Report Abuse

Yes, good co & good results. So why panic n throw? Hold. Have confidence. Buy on weakness. Invest in good companies. This can't go on forever... All my other counters r shooting one by one... Kikik... Hopefully my luck will rub off to this ctr too! ;)

gray

1,158 posts

Posted by gray > 2014-08-29 21:12 | Report Abuse

O M G .... tis counter really korec korec

Cweed

2,262 posts

Posted by Cweed > 2014-08-29 21:20 | Report Abuse

heheheh! if u look at the chart, sekali dia bounce back, sky high! dun play play ohhh! hehehe!

Cweed

2,262 posts

Posted by Cweed > 2014-08-31 00:09 | Report Abuse

Fr theStar:

Published: Monday August 25, 2014 MYT 8:30:00 AM
Updated: Monday August 25, 2014 MYT 8:33:43 AM
CIMB Research retains Add rating for Karex

KUALA LUMPUR: CIMB Equities Research is maintaining its Add rating on Karex, with strong earnings growth and potential earnings upside from the proposed acquisition of Global Protection as re-rating catalysts.

It said on Monday Karex’s FY06/14 net profit was in line with its estimate (101% of our full-year forecast) and consensus forecast (102%).

The condom maker’s FY14 revenue increased 23.3% on-year, driven by the higher condom sales volume. Net profit jumped 55.6% on-year in FY14 due to higher economies of scale, better product mix, lower latex cost and lower effective tax rate.

“We keep our FY15-16 EPS forecasts and target price of RM3.38, based on 19 times CY15 P/E,” it said.

CIMB Research said Karex is on track to achieving production capacity of five billion pieces per annnum by FY15. Its new plant in Pontian Johor (capacity of four billion pieces of condoms per annum) is scheduled for completion in 1Q15 and the installation of production lines should start in 3Q15.

Once this factory is completed, the company has the option of moving capacity of two billion pieces from its old plant to the new plant or installing additional capacity of two billion pieces in the new plant.

“If installed, the additional capacity of two billion pieces would raise its target capacity of six billion pieces (as stated in its prospectus) to eight billion pieces.

“The new plant will comply with Green Building Index (GBI) standards. Thus, Karex expects the new plant’s energy consumption to be at least 20% lower than its existing standard plants.

“Recall that Karex proposed to acquire US-based Global Protection (GP) on Aug 8, 2014. We reiterate our positive view on the proposed acquisition,” it said.

CIMB Research said the acquisition would give Karex exclusive rights to distribute ONE brand condoms, enable it to capitalise on the marketing and distribution expertise of GP and venture into the distribution business in selected countries (difficult to penetrate with Karex’s in-house brands in the past).

As for GP, it would capitalise on Karex’s strong financial position to strengthen its marketing efforts and boost the image of its brandnames (which will, in turn, benefit Karex).

“While the financial impact is minimal for now given the smallish earnings from GP, higher contributions from OBM and lubricants which GP is strong in, will definitely boost Karex’s earnings in the long term,” said the research house.

Terenceguh

152 posts

Posted by Terenceguh > 2014-09-01 16:00 |

Post removed.Why?

Posted by Equityengineer > 2014-09-02 10:47 | Report Abuse

Tp 3.55 but still drop ... Aiseh

member41

3,718 posts

Posted by member41 > 2014-09-02 11:00 | Report Abuse

267 now... still falling

lulhunter

180 posts

Posted by lulhunter > 2014-09-02 11:04 | Report Abuse

Low Volume drop.

AC Gan

188 posts

Posted by AC Gan > 2014-09-02 11:04 | Report Abuse

drop... drop... WHY... WTF..!!

Posted by Muhammad Mustaqim > 2014-09-02 11:11 | Report Abuse

the lowest price in quite a while..

invester

265 posts

Posted by invester > 2014-09-02 11:25 | Report Abuse

low volume drop is not a panic selling...price will be back. Just my opinion

chineooi

243 posts

Posted by chineooi > 2014-09-02 11:26 | Report Abuse

what happen? Are they planning for ESOS or something happening to the company?

Posted by Muhammad Mustaqim > 2014-09-02 11:35 | Report Abuse

agree with invester..low volume drop..i try asking people and right now still searching for any news..but no news at all..so can be assume the price will be up again.

Posted by Equityengineer > 2014-09-02 11:36 | Report Abuse

What the heck with big drop ? Any news

Posted by Muhammad Mustaqim > 2014-09-02 11:36 | Report Abuse

just asking opinion,,, is now a gud time to accumulate ca and cb?

Posted by DJ Trader > 2014-09-02 11:43 | Report Abuse

collecting and accumulating phases ;)

stockcrazy

551 posts

Posted by stockcrazy > 2014-09-02 11:49 | Report Abuse

good stop as RM 2.60and RM 2.40...

Ant

1,504 posts

Posted by Ant > 2014-09-02 12:05 | Report Abuse

shit... what a low price, too bad that I have no money to buy.... ha... ha.... ha...

cheeseburger

2,880 posts

Posted by cheeseburger > 2014-09-02 12:05 | Report Abuse

just now manage to grab low hanging fruits? ;)

Cweed

2,262 posts

Posted by Cweed > 2014-09-02 12:22 | Report Abuse

drop before moving up!

Cweed

2,262 posts

Posted by Cweed > 2014-09-02 12:22 | Report Abuse

opportunity comes! buy! buy! buy!

Cweed

2,262 posts

Posted by Cweed > 2014-09-02 12:34 | Report Abuse

Ant, can play contra mah...coming very strong, the way i see it. upward . wont fall below what it is now.... that's the way i see it. (disclamier: trade at yr own risk,of course!)

Canic

84 posts

Posted by Canic > 2014-09-02 12:42 | Report Abuse

Any news why it continue drops? I think it has something to do with unstable geopolitical issue.. Foreign investors withdrawing their positions in bursa as seen in lower Ringgit/USD rate now

ufis

504 posts

Posted by ufis > 2014-09-02 12:55 | Report Abuse

ayoyoooo

already a non-performer..people decided not to use condoms regularly bcoz where got syiok ma?
so sales drop, so prices drop, so dont buy u good bros...i have been selling everytime the condom karex head emerges at the 2.95 to the 3.05 level...i only throw a little it then lembik so easily again..how many rounds already..now i wait again to throw..

chineooi

243 posts

Posted by chineooi > 2014-09-02 13:38 | Report Abuse

i bought the CB at 3.5cent... but it goes down some more... really jia lat

Ant

1,504 posts

Posted by Ant > 2014-09-02 13:52 | Report Abuse

cweed. i add on 10K @ 2.79 on last friday and though was low enough, then today... III :(
so if you play contra with this counter sure die want...
but i sure karex sure up after all the Call warrant Maturated, what to do,, wait for the new factory then you can see the supper rise.

tp. 5.0 end 2015, one more year to gain 80% why not, but who have that kind of patience.

so just hold if you can. the winner are belong to the truely investor.

member41

3,718 posts

Posted by member41 > 2014-09-02 13:54 | Report Abuse

add some 2.66... wonder it will drop further

Ant

1,504 posts

Posted by Ant > 2014-09-02 13:56 | Report Abuse

dont play contra... and call warrant, cos sure you will get non on mature date.

Ant

1,504 posts

Posted by Ant > 2014-09-02 14:00 | Report Abuse

all the banker will not allow karex surge above the ex-price before maturate date wan.

Ant

1,504 posts

Posted by Ant > 2014-09-02 14:04 | Report Abuse

m41 is a lucky guy

Posted by Equityengineer > 2014-09-02 14:09 | Report Abuse

If too low also not good . Hope can surge to rm 2.80 today .. Then can attract retailers ...

Ant

1,504 posts

Posted by Ant > 2014-09-02 14:19 | Report Abuse

price is good for ppl like us, a truely investor.
i will add on if down to 2.55 and is a lot of add on.

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