KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.83

Today's Change

+0.005 (0.61%)

Day's Change

0.82 - 0.845

Trading Volume

372,800


32 people like this.

11,895 comment(s). Last comment by minichart 6 days ago

ampabella

1,378 posts

Posted by ampabella > 2016-02-10 20:47 | Report Abuse

jialat less people using kondom now due to poor economy , maybe ppl are using the
ice kacang plastic bag as replacement

red_85

1,259 posts

Posted by red_85 > 2016-02-10 22:05 | Report Abuse

i also tak suka use condom...:p hehe...condom wont syok la..use your mind to control, when want to pacut, angkat keluar lor..haha

tklim

3,202 posts

Posted by tklim > 2016-02-10 22:09 | Report Abuse

condom bocor worrr..no protection......ha...ha...ha

Posted by Fs Boulevard > 2016-02-10 22:25 | Report Abuse

2.90 loh...sell volume huge!

ampabella

1,378 posts

Posted by ampabella > 2016-02-10 22:47 | Report Abuse

rm2.90 saya mahu beli Satu biji, bocor , bocor lah, apa boleh buat, kepala sudah basah now kena beli satu biji at a time , mahu huat mesti ini macam lor

metroview

250 posts

Posted by metroview > 2016-02-11 09:06 | Report Abuse

enough?

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-02-11 09:28 | Report Abuse

Rebound soon...

Posted by Kok Leong Chan > 2016-02-11 09:45 | Report Abuse

Don't buy ...later 2.90 as they said

Posted by Kok Leong Chan > 2016-02-11 09:58 | Report Abuse

Don't play contract on this counter...later kena burn. ..buy only the amount that you can hold or 1000 units per time. If drop also no need to be scared. If up, no need to feel too little. It may go up 20 - 30+ cents per day easily .

Posted by Kok Leong Chan > 2016-02-11 09:58 | Report Abuse

Contra

tjhldg

27,218 posts

Posted by tjhldg > 2016-02-11 11:15 | Report Abuse

hehehhehee

tjhldg

27,218 posts

Posted by tjhldg > 2016-02-11 11:16 | Report Abuse

382 /84

ampabella

1,378 posts

Posted by ampabella > 2016-02-11 11:48 | Report Abuse

eh...why in kondom sulah tegak , very keras wor

Posted by Kok Leong Chan > 2016-02-11 12:41 | Report Abuse

Tak kan hari hari lembik. Kalau hari hari keras tak berhenti pun Susah, nanti mati!

kakisaham

7,263 posts

Posted by kakisaham > 2016-02-11 12:49 | Report Abuse

Aiyo...ini hari banyak keras oi

Posted by Smart Investor > 2016-02-11 16:45 | Report Abuse

Viagra sudah habis

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-11 19:42 | Report Abuse

Buy....myr laosai soon

Vinnie

30 posts

Posted by Vinnie > 2016-02-12 11:56 | Report Abuse

Karex - good counter, bought some for long term. Following this post.

Posted by Smart Investor > 2016-02-12 12:10 | Report Abuse

Vinnie, good!how much u enter?

Posted by Kok Leong Chan > 2016-02-12 13:23 | Report Abuse

Haiz, low scared to buy..now up already then only chase

Posted by Kok Leong Chan > 2016-02-12 13:28 | Report Abuse

If Keep long term, sure no need to worry. The recent 2 M&A will make KAREX dominate the world's and Malaysia 's condom overtaking durex very very soon.

Vinnie

30 posts

Posted by Vinnie > 2016-02-12 17:41 | Report Abuse

Smart Investor - Collect at RM 3.60 for small quantity.

Posted by Smart Investor > 2016-02-12 18:02 | Report Abuse

Goodlah Vinnie...huat

Vinnie

30 posts

Posted by Vinnie > 2016-02-12 18:28 | Report Abuse

Smart Investor - How bout you?

power88

1,588 posts

Posted by power88 > 2016-02-12 21:53 | Report Abuse

soon back to Rm4

Posted by Smart Investor > 2016-02-13 08:39 | Report Abuse

Vinnie...in and out at variable prices.

ampabella

1,378 posts

Posted by ampabella > 2016-02-14 18:45 | Report Abuse

today Karex out of stock, fuyoh mad rush for condom - I also dont know why

kahfai211

822 posts

Posted by kahfai211 > 2016-02-15 15:52 | Report Abuse

what happen to karex??right hand out left hand in??

Posted by Tan Kah Fai > 2016-02-15 16:34 | Report Abuse

Kahfai211 why u copy my name...lol

kahfai211

822 posts

Posted by kahfai211 > 2016-02-15 16:36 | Report Abuse

cheong kah fai copy my name?

power88

1,588 posts

Posted by power88 > 2016-02-15 21:27 | Report Abuse

http://www.theedgemarkets.com/my/article/karex’s-valuations-stretched-thin-volatile-ringgit

power88

1,588 posts

Posted by power88 > 2016-02-15 21:28 | Report Abuse

Karex cannot rely on contract manufacturing to improve profit growth. So, it has been investing heavily in developing its own brand of condoms — ONE — that was launched in the US, Canada and here in December last year.

Karex has a 55% stake in US-based Global Protection Corp — the company that ONE is parked under.

Last week, Karex also acquired TheyFit LLC for US$1.3 million or RM5.6 million, an acquisition that will supplement ONE. TheyFit owns the patents, trade names and trademarks for condoms manufactured, marketed and sold under the TheyFit brand.

Uniquely, TheyFit offers condoms in 95 different sizes (14 different lengths and 12 different nominal widths). Furthermore, TheyFit holds a patented measurement kit (FitKit) for consumers to customise their condom sizes. TheyFit’s markets include the UK and Europe.

“Overall, we are positive on the proposed acquisition as it is in line with the group’s strategy to expand its higher margin OBM (own brand manufacturing) segment, which historically contributed less than 10% to condom sales,” writes TA Research in a report.

Nonetheless, the research house has downgraded Karex from a “buy” to a “hold” with a target price of RM4.50.

power88

1,588 posts

Posted by power88 > 2016-02-15 21:28 | Report Abuse

RM4.50

power88

1,588 posts

Posted by power88 > 2016-02-16 09:14 | Report Abuse

start move...

Posted by Kok Leong Chan > 2016-02-16 22:20 | Report Abuse

Good kah fai

Posted by Kok Leong Chan > 2016-02-16 22:21 | Report Abuse

The most conservative Hong leong bank also willing to upgrade from hold to buy. Good catalyst.

power88

1,588 posts

Posted by power88 > 2016-02-16 22:29 | Report Abuse

valuation
We upgrade to BUY recommendation from hold with an unchanged target price of RM4.52, given the recent share price retracement and the potential higher condom demand over the next 18 months caused by Zika virus. Our valuation is pegged to unchanged P/E multiple of 26.9x of CY17 EPS, based on +1SD above 2-year historical average P/E

uncle988

135 posts

Posted by uncle988 > 2016-02-16 22:41 | Report Abuse

Collect when it's still cheap

ampabella

1,378 posts

Posted by ampabella > 2016-02-16 23:57 | Report Abuse

buy karex to cover your chiao chiao, ha ha ha

Posted by Kok Leong Chan > 2016-02-17 10:47 | Report Abuse

May hit rm4 today.

Posted by Tan Kah Fai > 2016-02-17 11:27 | Report Abuse

For past three day performance, karex up alot in morning session, but closing will pull back with just small gain 4-5 cent...hopefully today can sustain the gain

Posted by Johny Khong > 2016-02-17 11:51 | Report Abuse

I believe d re-rating catalyst is driving today's momentum. Hopefully all is well for d next 18 mths or so.

Posted by Kok Leong Chan > 2016-02-17 14:38 | Report Abuse

Today may be different. Towards the end may shoot up to rm4.10

Posted by Tan Kah Fai > 2016-02-17 19:26 | Report Abuse

Karex is one of durex oem manufacturer....if reckitt is doing good...i believe Karex will not be bad too
http://www.bdlive.co.za/world/europe/2016/02/16/condom-maker-beats-estimates

Vinnie

30 posts

Posted by Vinnie > 2016-02-17 19:31 | Report Abuse

Karex Gogogo!

Posted by Tan Kah Fai > 2016-02-17 19:34 | Report Abuse

Nice info from japanese condom maker sagami that China tourist thirst for condom
http://www.bloomberg.com/news/photo-essays/2016-02-13/love-and-libido-inside-one-of-japan-s-condom-factories

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