Interesting interview, i miss the first 15 min interview...only catch the later 15 min.....ibrahim sani asked what mk goh think about the high PE in Karex vs other condom maker reckitt, ansell....mk said karex is pure condom manufacturer , cannot compare as it is not apple to apple comparison...he leave to investor to valuate ourself on karex fair PE
I was listening to Breakfast Grille by BFM 89.9 recording where the DJ interviewing MK Goh the CEO of Karex. Karex is world larges condom maker. One of interest message I pick up from the interview was there are total of 95 sizes available for you to choose.
After the bonus issue, this share fair value should be how much lower?
PROPOSED BONUS ISSUE OF 334,125,000 NEW ORDINARY SHARES OF RM0.25 EACH IN KAREX ("KAREX SHARES") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING KAREX SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("ENTITLEMENT DATE")
On behalf of the Board, RHB Investment Bank is pleased to announce that Bursa Securities had vide its letter dated 11 March 2016, resolved to approve the listing of and quotation for 334,125,000 Bonus Shares to be issued pursuant to the Proposed Bonus Issue on the Main Market of Bursa Securities.
Dun care,,, even dilute also down temporary. Soon or later will up back...karex will not collapse. Unless not more prostitution exist, euro cup coming, more couple n guy visitor go to French ,,more condom burn....
The upcoming bonus issue exercise w b Karex's third (3rd) thus far since it went IPO in Dec 2013. And yet time and time again, ppl are bringing up d same topic of concern which has been discussed before i.e. EPS dilution, share price adjustment, etc. All you ppl shud be discussing if Karex's growth plans are intact or otherwise instead of asking those same boring questions.
KAREX KAREX BERHAD General Meetings: Notice of Meeting 2233 Indication: Notice of Meeting Description: Notice of Extraordinary General Meeting of Karex Berhad Date of Meeting: 05/04/2016 Time of Meeting: 10:00 AM Venue: Ballroom 1, Jalan Kelab Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan Date of General Meeting Record of Depositors: 30/03/2016 Outcome of Meeting:
You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
I am impressed with the CEO of Karex Mr Goh at Bursa Open Day in KL in which he talked about the expansion and growth of the company. I am intending to invest more in Karex and currently had held some shares in it since mid 2015.
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....
Tan Kah Fai
266 posts
Posted by Tan Kah Fai > 2016-03-10 09:02 | Report Abuse
Interesting interview, i miss the first 15 min interview...only catch the later 15 min.....ibrahim sani asked what mk goh think about the high PE in Karex vs other condom maker reckitt, ansell....mk said karex is pure condom manufacturer , cannot compare as it is not apple to apple comparison...he leave to investor to valuate ourself on karex fair PE