So fast propose bonus issue again? Aiyaya, I have no chance to buy liao la. So good to be a shareholder of Karex, Every year can get bonus issue 1:2. Well done Karex management team, hopefully i can join the boat soon.
yoy is nice, but qoq is not interesting. Profit is generated so little even though got high revenue. What can be the chart patterns in the coming Q before the release of bonus issue ?
Can history always repeat like 2015, one day before bonus issue announcement is doji candle, follow by a white candle, then 3 black candles ?
Ive been comparing some interesting valuation here. Ansell, one of the famous condom maker besides Durex is selling at 1.7x to their NTA, and here you have an OEM trying to become an OBM, makes less than half of the profit compare to Ansell, and is given a valuation of 5.7x over NTA.
oooo ... still ada bo u jt ? if ada then 085945 am key in rm 4 mp sell la then open wat price u done at wat price lo .. seem so negative or doubtful .. tiok bo ? kikikaka for wat ?
ansell traded at which bourse ? how the market share ansell have in condom market ?beside condom wat else does ansell jual ? is ansell a pure condom manufacturer ?
JT Yeo, in case you have no idea, here is the official website for Ansell, www.ansell.com. Condom is one of their business unlike Karex focus on condom. You should not compare apple with durian.
@914601117, getting bonus shares is equivalent to getting paid dividend. The main difference between d two is one is non-cash and another is cash. Karex management is mainly focusing to reward mostly the long term shareholders.
@914601117, as far as could i remember few years back then Apple also never gave away dividend to its shareholder. Does this mean it is not making profit? Number talks!
If you feel it is too expensive and the PE to high and not on par, then sell...don't buy...wait until the price become reasonable then u buy....or wait until after ex date u buy.
lol ok, thats good, if you can justify paying this price for the so-called biggest condom maker. So make sure your growth story is intact, at current price, Karex has to grow profit at 15% for the next 10 years.
In fact, even though I very optimistic about Karex, I had sold all today...because I think many punters had jumped in...I wait until it consolidated first, then only buy back. Not a recommend to sell or buy.
Some punter with T+3 start to force sell, after consolidate in this few day hopefully will up again....if you are long term investor, no need to panic sell....bonus coming, result ok, zika getting worse, i see no reason it goes down indefinitely
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Alpha Trader
1,983 posts
Posted by Alpha Trader > 2016-02-24 22:44 | Report Abuse
Yes Kah Fai it is hedging, don worry karex did very well, beyond expectation