Posted by Tan Kah Fai > 2016-02-04 10:07 | Report Abuse

I also want to know why....someone pushing down the price to scare off punter?
Quarter result coming end of this month....yet it fall so badly these few day...

Posted by Johny Khong > 2016-02-04 10:29 | Report Abuse

...strengthening of USD is d main reason.

Posted by Johny Khong > 2016-02-04 10:30 | Report Abuse

it's just temporary. just hang in there.

Posted by nevtrade > 2016-02-04 10:34 | Report Abuse

I thought strengthening of USD is good for export business ? Please advice

Posted by Johny Khong > 2016-02-04 10:36 | Report Abuse

oh my bet, its weakening of USD

Posted by Johny Khong > 2016-02-04 10:42 | Report Abuse

usd has weakened from yesterday's around 4.25 to 4.15 now. u see, when USD strengthened yesterday, Karex did not move up as much as Kossan & TopGlov. somehow when USD dropped today, Karex just went down without much justified correlation with USD's movement yesterday when it supposed to go up. this is d kind of mkt volatility we r facing everyday these days.

Posted by Desa20201956 > 2016-02-04 10:45 | Report Abuse

weird.....should be going up with zika around.

very weird/

Posted by Johny Khong > 2016-02-04 10:49 | Report Abuse

someone is collecting on weakness at d moment. once done, hopefully things will brighten up again.

Posted by Tan Kah Fai > 2016-02-04 10:54 | Report Abuse

I am also collecting some at 4.30, 4.10 and 3.95...i have a strong feeling someone is toying around to push down the price....bullet limited....damn

Posted by BuZiDao > 2016-02-04 11:02 | Report Abuse

may be It is a correction due to over bought for the past 2 months. If confidants with the market, can grab some during this time.

Posted by Desa20201956 > 2016-02-04 11:03 | Report Abuse

first case of sexually transmitted zika reported.

Posted by Johny Khong > 2016-02-04 11:07 | Report Abuse

everyone knows tht Karex is a good stock with clear growth agenda in d pipeline. I wonder why ppl cud not see tht? well, everyone cud in fact see it clearly. but, its just tht d mkt 'big fishes' are out to create some price havoc to gain some CNY angpow money. Dun worry, they will come around to support tis counter again once they r done getting wat they wanted.

Posted by Johny Khong > 2016-02-04 11:13 | Report Abuse

as far as I know, Karex never consider using its USD forex gains to finance its growth agenda. bcoz forex gain or loss is merely temporary. sometimes u hv more, and other times u hv less of forex. as long as d profit from REAL biz activities r intact, i'm fine with it.

Posted by Johny Khong > 2016-02-04 11:20 | Report Abuse

oh yeah, another thing tht is driving up our mkt tis morng is an 8% spike in crude oil price overnight.

Posted by cheeseburger > 2016-02-04 11:23 | Report Abuse

0149 GMT [Dow Jones] USD/MYR has dived back down, ending a two-day rally and reinforcing technical signals on the daily chart suggesting that further ringgit strength against the U.S. dollar is imminent

Posted by GSP88 > 2016-02-04 11:25 | Report Abuse

earning USD that is just extra bonus...they're expanding their business

Posted by cheeseburger > 2016-02-04 11:25 | Report Abuse

Karex may further slide towards 3.75, resistance.

Posted by cheeseburger > 2016-02-04 11:28 | Report Abuse

PER 38 is way too high.

Posted by Tan Kah Fai > 2016-02-04 11:29 | Report Abuse

In my opinion, i feel like there will be a rally after cny or 1 week before result out on 26 feb... the result should be quite good since usd rate highest average on oct,nov and dec.

Posted by AK1882 > 2016-02-04 11:43 | Report Abuse

This counter has huge potential. .....can invest in long term....

Posted by Desa20201956 > 2016-02-04 13:06 | Report Abuse

Thailand to cut rubber exports 50 pct from March to August ....now, we know why Karex drop.

Posted by ffforever > 2016-02-04 14:47 | Report Abuse

Buy. People need more condom to prevent zika virus.

Posted by cheeseburger > 2016-02-04 16:18 | Report Abuse

早在手套股、半導體等出口股下跌之前，已經有多家證券行發出研究報告說這類股項已經估值過高，投資者應該多留意。

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Posted by kennethcheah > 2016-02-04 16:37 | Report Abuse

cheeseburger:
那么，照我看，KAREX 明天也许更加低？

Posted by maxlim > 2016-02-04 18:32 | Report Abuse

1.0-1.50应该比较合理

Posted by madguy > 2016-02-04 19:49 | Report Abuse

@Tan Kah Fai hope so ... but the MACD and Signal still down trend. i hv less profit due to sold late =_="


"Thailand to cut rubber exports 50 pct from March to August" so affected all the rubber ??

Posted by Kok Leong Chan > 2016-02-04 21:14 | Report Abuse

Ppl afraid it will drop further then is time to buy.....Ppl mad to buy that time, is great time to sell...just 2 cents.

Posted by Kok Leong Chan > 2016-02-04 21:15 | Report Abuse

Brokerage house also tipu ppl. When they want buy, they tell u to sell...when they want sell, they tipu u to buy.

Posted by Khaw Seek Chuan > 2016-02-04 21:19 | Report Abuse

PE 32, its too high

Posted by Kok Leong Chan > 2016-02-04 21:36 | Report Abuse

Rm won't continue up , so as not continue drop...just up a bit for a short term won't affect much

Posted by greatful > 2016-02-04 22:56 | Report Abuse

buy at 3.00 is possible

Posted by ffforever > 2016-02-04 23:18 | Report Abuse

So low?

Posted by Kok Leong Chan > 2016-02-05 01:49 | Report Abuse

If scared, then low low only buy. If feel that it is a growth stock with great potential, then no need scared, can buy.

Posted by member41 > 2016-02-05 10:20 | Report Abuse

Drop is good. Buy on dip

Posted by ksyewks > 2016-02-05 11:09 | Report Abuse

accumulating, good stock to invest

Posted by ffforever > 2016-02-05 11:18 | Report Abuse

Oh oh 3 coming...

Posted by yoona8904 > 2016-02-05 11:40 | Report Abuse

Now, RM is going strength to strength. Export stock, rubber stock all now going to Indian ocean. The good news is rubber stock is overvalue. Sell on overvalue.

Posted by ffforever > 2016-02-05 14:58 | Report Abuse

Not a good news... many get burnt... not everyone earn money..

Posted by kennethcheah > 2016-02-05 15:00 | Report Abuse

buy OVERSOLD stocks.

Posted by Mel2learn > 2016-02-05 15:14 | Report Abuse

terribly over sold today. RM might strengthen further. Be very careful.

Posted by cheeseburger > 2016-02-05 15:21 | Report Abuse

hehehe...yesterday already warn it will drop further.

Posted by cheeseburger > 2016-02-05 15:33 | Report Abuse

US job data is coming up, and KLSE will close for 2 days, the last hour trading will be very interesting...hahaha

Posted by red_85 > 2016-02-05 15:44 | Report Abuse

Rubber price increase. Avoid rubber counter. Karex so high pe, high chance go goes back to rm3 region.
If profit margin decrease, pe will stuck at high, when ib revalue it, forward pe will be high, price cannot sustain and will crash.
Warning from ib!!

Posted by Willy Lye > 2016-02-05 16:20 | Report Abuse

super overprice stock. PE 40+. Reasonable RM 2+.

Posted by kennethcheah > 2016-02-05 19:20 | Report Abuse

Rm2.80.

Posted by Alpha Trader > 2016-02-05 19:53 | Report Abuse

RUBBER PRICE INCREASE? ARE YOU GUYS NUTS? GOVERNMENT HAVE BEEN TRYING TO CURB SUPPLY in the past 3 years, they can't do nuts to spur the price of rubber, check our daily rubber price, rubber price dropped from 400 in october 2015 TO 320 on dec, now 360, LOL, rubber price will not be impacted much please do ur research well

Posted by Alpha Trader > 2016-02-05 20:21 | Report Abuse

haza said that previous efforts to curb supply had lifted prices only temporarily.

"The government has been talking about it (boosting consumption and cutting supply to lift rubber price) since 2012 but one thing to note is that rubber price is still largely depend on China market.

"Further, if latex price went up too high, manufacturers will opt for synthetic rubber," she added explaining that the move is neither meaningful nor the factor that caused the glove and condom sector to drop in price today.

Posted by CRFOREVER > 2016-02-05 22:00 | Report Abuse

Hope next week will rebound soon..

Posted by Kok Leong Chan > 2016-02-06 09:17 | Report Abuse

When the price down, many idiot come out to say bad things about the stock. When the price up, everyone speculate and buy and revise the target price to be higher ....so stupid

Posted by Kok Leong Chan > 2016-02-06 09:18 | Report Abuse

This is an extremely good growth stock, cannot judge the PE high like this.