KAREX BERHAD

KLSE (MYR): KAREX (5247)

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

Last Price

0.91

Today's Change

-0.005 (0.55%)

Day's Change

0.905 - 0.925

Trading Volume

2,016,700


32 people like this.

11,896 comment(s). Last comment by fruitcake 4 days ago

cheeseburger

2,873 posts

Posted by cheeseburger > 2014-12-09 11:35 | Report Abuse

Yes...Ex- date 10-Dec. Buy now still entitle..

cheeseburger

2,873 posts

Posted by cheeseburger > 2014-12-09 11:36 | Report Abuse

payment date on 22-Dec...just nice for xmas... ;)

madguy

674 posts

Posted by madguy > 2014-12-09 11:38 | Report Abuse

i missed it ..damn

madguy

674 posts

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

why i goes up so fast ?

yifie_911 what does it mean by cross trade ?

Posted by Muhammad Mustaqim > 2014-12-09 12:31 | Report Abuse

really worth my time collecting and averaging ca and cb dis past few month..

member41

3,718 posts

Posted by member41 > 2014-12-09 13:15 | Report Abuse

DEFINITION of 'Cross Trade'
A practice where buy and sell orders for the same stock are offset without recording the trade on the exchange, which is outlawed on most major stock exchanges. This also occurs when a broker executes both a buy and a sell for the same security from one client account to another where both accounts are managed by the same portfolio manager.

Posted by Johny Khong > 2014-12-09 13:42 | Report Abuse

M41, is tht a positive development?

Posted by Johny Khong > 2014-12-09 13:45 | Report Abuse

It's just as good as a share transfer between different account. Normally, tht does not constitute a transaction carried out on d exchange. It really puzzles me on wats d incentive in doin so.

Posted by Johny Khong > 2014-12-09 13:47 | Report Abuse

M41, but tis was recorded wor

member41

3,718 posts

Posted by member41 > 2014-12-09 15:04 | Report Abuse

Hi I just use google search for madguy. He was asking the definition.

member41

3,718 posts

Posted by member41 > 2014-12-09 15:04 | Report Abuse

Heh I not sure gd or not but hope can reach HLG tp 3.43 soon

ysfong

232 posts

Posted by ysfong > 2014-12-09 15:10 | Report Abuse

all the baby got hope already.. :)

SySySy

35 posts

Posted by SySySy > 2014-12-09 15:20 | Report Abuse

target price?

winwin007

232 posts

Posted by winwin007 > 2014-12-09 15:42 | Report Abuse

not manage to sell off..now dropping

Posted by Johny Khong > 2014-12-09 17:07 | Report Abuse

winwin, never mind. Can sell higher still later.

thradsah

72 posts

Posted by thradsah > 2014-12-09 17:41 | Report Abuse

Johny... you cant just transfer shares to just anyone you feel like... have to meet certain criteria with supporting documentation... unless the shares are owned in fund manager name and it's just a matter of the fund manager changing his internal records

cheer76

346 posts

Posted by cheer76 > 2014-12-09 19:50 | Report Abuse

if tml exdate sell, eligible for the dividend?

thradsah

72 posts

Posted by thradsah > 2014-12-09 20:14 | Report Abuse

if tml ex date... and u buy tml... u wont get dividend

thradsah

72 posts

Posted by thradsah > 2014-12-09 20:15 | Report Abuse

if u sell u still get

Cweed

2,262 posts

Posted by Cweed > 2014-12-09 20:16 | Report Abuse

Wow! Nice show.
Karex factory should be completed now. USD all time high. Good cos it's export based. YE report should be very impressive! ;) BUY!

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-12-09 21:37 | Report Abuse

aiyo.....Cweed.....new factory got delay wo....got read report boh.....build factory also like a snail.....aiyoyo.....tomolo got show liao.....ha ha ha

Cweed

2,262 posts

Posted by Cweed > 2014-12-09 23:14 | Report Abuse

Aiyo yo, ya kah? Why delay? When ready? Got link, dragonslayer?

optimuss

1,321 posts

Posted by optimuss > 2014-12-09 23:15 | Report Abuse

beneficiary of cheap ringgit.

Cweed

2,262 posts

Posted by Cweed > 2014-12-09 23:17 | Report Abuse

USD up, good for export. Year end sales should increase.

Cweed

2,262 posts

Posted by Cweed > 2014-12-09 23:18 | Report Abuse

Whole world market down. Aiyayah! If only got more bullets, now can sapu all blue chips!

dragonslayer

9,527 posts

Posted by dragonslayer > 2014-12-10 00:19 | Report Abuse

aiyo....read this report....delay till end 2015

http://klse.i3investor.com/blogs/hleresearch/65522.jsp

Cweed

2,262 posts

Posted by Cweed > 2014-12-10 00:37 | Report Abuse

Aiyayah, esok very cerah!
"Reiterate BUY with an unchanged TP of RM3.43, based on P/E multiple of 19x CY15 EPS.
Our multiple is pegged to the average P/E multiple of its international peers"

yifie_911

1,581 posts

Posted by yifie_911 > 2014-12-10 01:13 | Report Abuse

Just take profit from cb...but it is good to buy since is supported by depreciating MYR against USD and low latex/rubber price...

Cweed

2,262 posts

Posted by Cweed > 2014-12-10 22:49 | Report Abuse

Haha! Told u will go up! Up up up! ! ;)
CA can buy also.

Cweed

2,262 posts

Posted by Cweed > 2014-12-11 14:00 | Report Abuse

Up up up! Go go go! Usd very strong. Helps export alot! I think this stock easily hit usd 3.50

Posted by Johny Khong > 2014-12-12 05:25 | Report Abuse

I just found a TA Securities' analyst report dd 1 Dec 2014 with a TP of RM3.55 but it is not included in i3 website here. Wonder why!!! Hence, those who offered a TP of RM3.43 should be revising it upwards very soon. This shows tht CIMB's TP of RM4.08 is not excessive. With the revised TP outlook, it is supporting the current bullish trend of the stock. Get on the train now if u do not want to miss an opportunity to ride the high-speed bullet train.

alexyap

258 posts

Posted by alexyap > 2014-12-12 17:18 | Report Abuse

bad economy... condoms usage increase to lower risk of pregnancy and thus increase burden. :)

LeiJun

691 posts

Posted by LeiJun > 2014-12-13 20:12 | Report Abuse

This counter fantastic - anti gravity! Hahaha!

jasonor

1,004 posts

Posted by jasonor > 2014-12-14 17:56 | Report Abuse

recession proof counter...lol....FMCG

Posted by Izwan Zakaria > 2014-12-15 16:22 | Report Abuse

What is wrong with this counter?!

member41

3,718 posts

Posted by member41 > 2014-12-15 23:53 | Report Abuse

Nothing wrong. Is good counter.

member41

3,718 posts

Posted by member41 > 2014-12-17 10:50 | Report Abuse

hit 332 today... how's that?

Posted by Izwan Zakaria > 2014-12-18 10:14 | Report Abuse

Hopefully it won't be a yo-yo anymore! Buy more buy!

lulhunter

180 posts

Posted by lulhunter > 2014-12-18 10:23 | Report Abuse

Someone is blowing balloon!

member41

3,718 posts

Posted by member41 > 2014-12-18 11:14 | Report Abuse

Going to reach TP 343 soon... whats next :)

Livinia

512 posts

Posted by Livinia > 2014-12-18 11:22 | Report Abuse

target rm4.08 by cimb research buy buy buy............

member41

3,718 posts

Posted by member41 > 2014-12-18 12:20 | Report Abuse

Hope all collected below $3 previously... buy buybuy

lulhunter

180 posts

Posted by lulhunter > 2014-12-19 14:17 | Report Abuse

@member41 I have some before split and now adding more. :) Ballooning!

Posted by DJ Trader > 2014-12-21 15:01 | Report Abuse

technically can go for $4.50 at least...just matters of time ;)

Posted by Izwan Zakaria > 2014-12-22 15:38 | Report Abuse

Why is it going so fast today? What's next?

member41

3,718 posts

Posted by member41 > 2014-12-22 17:43 | Report Abuse

lulhunter: v gd now 340

Ken Tan

3 posts

Posted by Ken Tan > 2014-12-31 11:50 | Report Abuse

RHB Research maintains Buy on Karex

KUALA LUMPUR: RHB Research has maintained its Buy call on Karex with a target price of RM3.89 based on 20 times FY16F, a slight discount to Hartalega’s 21 times.


"We think this is justified considering Karex’s leadership in the condom market as well as an expected three-year FY14-17F EPS CAGR of 23.8%," it said in a note on Wednesday.


The research house said price of natural rubber latex has eased to RM3.75 per kg (2013 average: MYR5.63 per kg), which is favourable for Karex.


As its products’ ASPs do not fluctuate with raw material prices, the company should be able to keep its earnings margins, it said.


The strength of the USD/MYR exchange rate is expected to benefit Karex, as revenue will have a greater sensitivity to the greenback relative to costs.


A 3% increase in the USD/MYR exchange rate could possibly raise earnings by around 3-4%, RHB said.


"We are confident on the company’s earnings growth, led organically by capacity expansion as well as its inorganic growth through the acquisition of Global Protection Corp," it noted.

http://www.stockhut.com.my/news/6933

Cweed

2,262 posts

Posted by Cweed > 2015-01-01 12:54 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/01/01/Bullish-outlook-for-glovemakers/?style=biz
Hence, RHB Research maintains its buy recommendation on Karex Bhd as it likes the company for its organic and inorganic growth potential.

The research house has a higher target price of RM3.89 (from RM3.43), which is 20 times its 2016 price-earnings ratio. This is a 14.4% upside, on the back of an expected three-year earnings-per-share compounded growth of 23.8%.

Cweed

2,262 posts

Posted by Cweed > 2015-01-01 12:54 | Report Abuse

Happy new year everybody!

member41

3,718 posts

Posted by member41 > 2015-01-02 12:12 | Report Abuse

Happy new year... hope can $3.89 soon.

Post a Comment