KAREX BERHAD

KLSE (MYR): KAREX (5247)

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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 3 days ago

Posted by Appleby Loh > 2016-05-05 07:41 | Report Abuse

Johny Khong. I agree with U!

Posted by Tan Kah Fai > 2016-05-05 07:42 | Report Abuse

Johny...maybe some croc want to push down to collect more....or some insider know something investor dont know...this could be the consolidation phase where some punter who have less faith to panic sell......if the result is good....the counter will go up in long term.....the truth will prevail when qtr result out end of this month...the upside i see is the usd-myr rate break rm 4.02 now....so hopefully some export oriented counter will rally....

AK1882

89 posts

Posted by AK1882 > 2016-05-05 07:48 | Report Abuse

Disappointed......with karex after bonus .......it seem like no investors keen to buy karex

Posted by Winingguy > 2016-05-05 08:00 | Report Abuse

If u eye can see long term and future , u will know now u get it is damn cheap price

Posted by Appleby Loh > 2016-05-05 08:47 | Report Abuse

In genuine investors please sell now. This is not a suitable counter for short term.

noobnnew

973 posts

Posted by noobnnew > 2016-05-05 08:55 | Report Abuse

We here are praying it to drop so we could collect more. Please drop another 12sen today. It is damn cheap now but I will wait at RM2 since I foresee a lot of panic seller.

Posted by Winingguy > 2016-05-05 08:57 | Report Abuse

Lol

miracledy

252 posts

Posted by miracledy > 2016-05-05 09:28 | Report Abuse

Just grab somemore... dun care how this share keep dropping....now is cheap sale...for karex..

noobnnew

973 posts

Posted by noobnnew > 2016-05-05 09:41 | Report Abuse

WHY NO DROP TODAY!!! Bad counter ma, should ask everybody sell. Please don's say good thing anymore. Say PE High! Sell! Rubber Price Up! Sell! EPF and Major Shareholder Disposing! Sell! Bad QR! Sell! Conclusion, SELL!!!

Posted by WeiHaw Wong > 2016-05-05 09:56 | Report Abuse

croc brewing more drop?

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2016-05-05 10:09 | Report Abuse

karex going to open shop at sabah and sarawak soon...

Posted by WeiHaw Wong > 2016-05-05 10:14 | Report Abuse

Lee Yih Yeong: Seems like not a good time for good news, don't you think so?
many of Karex-ers anticipate more drop ( me too)

noobnnew

973 posts

Posted by noobnnew > 2016-05-05 10:27 | Report Abuse

I want drop not because Karex is not a good company, in contrarily it was one of the best in Bursa. However, we just hope that some 'investor' will panic sell to us so that we can collect more at cheaper price.

Posted by Winingguy > 2016-05-05 10:49 | Report Abuse

Relax noobnew I know u want buy cheap price ,just relax

leeck1669

85 posts

Posted by leeck1669 > 2016-05-05 10:58 | Report Abuse

Karex steady now..moving up, haha

Posted by Appleby Loh > 2016-05-05 11:20 | Report Abuse

这只是个错觉

lulhunter

180 posts

Posted by lulhunter > 2016-05-05 11:28 | Report Abuse

It is a good buy now. The price is 3.7 which is the average before bonus.

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-05 12:36 | Report Abuse

The value will be 3 before bonus, which is rm2 now. So more space to go, short rebound to trap "value investor" , see gtronic trap how many..

madguy

674 posts

Posted by madguy > 2016-05-05 15:39 | Report Abuse

@tigerbeer EFP also selling, cannot tahan GTronic~~

Posted by Johny Khong > 2016-05-05 17:24 | Report Abuse

I believe the sell calls made on Karex recently were motivated by those who tried to create some confusion linking it to Hartalega's downgrade. Do not b fooled by those opportunistic ppl hoping to buy into Karex cheaply. Though Karex and Hartalega r both in the rubber sector, their products r quite different in nature i.e. condoms and synthetic gloves respectively. Apart from the common setbacks currently besieging other stocks in d rubber sector, Hartalega's downgrade is primarily due to it not securing sufficient orders to mop up d higher production output capacity. Hence, tht necessitated them to slow down production and has affected its growth trajectory moving forward.

Posted by Johny Khong > 2016-05-05 17:25 | Report Abuse

But, tis is not the case with Karex. Karex has been pursuing capacity expansion through building additional production lines and acquisitions of Global Protection and TheyFit. The additional production output capacity has already found its potential customers even before the condoms become finished products. And yet, at the current level of production capacity, it is still insufficient to meet growing demands. Karex's growth trajectory still remains very much intact. So, if u sell blindly, u r the ones who w be losing out ultimately. The choice is yours, u decide.

Posted by Lee Guan Hong > 2016-05-05 18:07 | Report Abuse

@johny khong well said! i bought at 2.66 even it is high but i noe karex is a very good share. so hold it for long term guys!

Posted by Forwardmind > 2016-05-05 19:04 | Report Abuse

Well said... buy and keep for long term... atleast 2 year...

Posted by littlelolita > 2016-05-05 19:17 | Report Abuse

hartalega cant meet the target because of increased latex price and glove having price war. one increase the cost and the other eat the revenue. karex will face the same half of the problem, latex price increase. latex price increased 50% this year. condom is made from latex. karex of course increasing its production output but at the same time profit margin is shrink due to latex price increasing.
coming report will also facing rebounded ringgit and increased latex price. you think coming report going to the high pe expectation??

bsngpg

2,842 posts

Posted by bsngpg > 2016-05-05 20:16 | Report Abuse

Latex makes up a very small portion of the product cost only. Packaging is the most expensive part.

Posted by Appleby Loh > 2016-05-05 20:53 | Report Abuse

All of u guys please say something bad for Karex.

Posted by littlelolita > 2016-05-05 21:38 | Report Abuse

10.5sen profit going to reduce to 9sen. it going to be 15% lesser.
previous qr ringgit was about 4.3 and coming qr is about 3.9 so about 10% lesser
karex still made profit but just lesser as those factors ate some of her profit margin. so i think highly possible coming qr not going to perform well.

who care about how well she performed in the past. past is past. small time smart, big time not necessarily good. i dont mean karex is bad, i just mean this coming qr will not be as good as previous.

pe is an indicator of expectation of a company, people expecting company be better pe high, people expecting company be worse pe low. company with pe 21 and people expecting coming qr bad or good?? people expecting not so well performed, share price increase or decrease?? simple logic.

im not talking about in 2 years time share price, i say coming qr release period. pe 21 and make lesser profit than previous qr. you expect majority buy or sell?? i invest in a company not fall in love with a company

Posted by Appleby Loh > 2016-05-05 23:08 | Report Abuse

Fortunebullx. I mean don't giv any tips for short term investors.

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-06 07:53 | Report Abuse

Agree with Lolita... Upcoming QR will be below expectations,

noobnnew

973 posts

Posted by noobnnew > 2016-05-06 08:54 | Report Abuse

yawn....please sell la. Dun talk too much. Best to get at RM2

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-05-06 12:19 | Report Abuse

1.85 incoming?

Posted by Appleby Loh > 2016-05-06 12:19 | Report Abuse

i think karex now in downtrend.

miracledy

252 posts

Posted by miracledy > 2016-05-06 12:21 | Report Abuse

Why suddenly karex drop so much ? Yesterday din't see market one day drop many.. wow..

Posted by familybusiness > 2016-05-06 12:22 | Report Abuse

everyone don't like to use condom now...

miracledy

252 posts

Posted by miracledy > 2016-05-06 12:25 | Report Abuse

if like that i will hold this share in refrigerator 2- 3 years lo..

Posted by Appleby Loh > 2016-05-06 12:35 | Report Abuse

Mayb I wan to short it!

xexlone

387 posts

Posted by xexlone > 2016-05-06 13:07 | Report Abuse

No need to worry lar just sell!!!!!!

member41

3,718 posts

Posted by member41 > 2016-05-06 13:13 | Report Abuse

Remember to buy when low.

Posted by Appleby Loh > 2016-05-06 13:57 | Report Abuse

Jupiter analysis for MYR will remain stronger and it may climb to 1 USD for RM3.8

noobnnew

973 posts

Posted by noobnnew > 2016-05-06 14:40 | Report Abuse

I saw some forum said that some triangle is formed according to TA, so will have a lot of downside ahead. Just sell, sell to 2.08. Please

Posted by Smart Investor > 2016-05-06 14:46 | Report Abuse

Expecting lower and lower price coming ahead

noobnnew

973 posts

Posted by noobnnew > 2016-05-06 14:48 | Report Abuse

Ya ya, please sell more. Karex is the worst counter in KLSE. Go see Eforce hundred times better. Past performance does not represent future result, sell to RM2.08 please

Posted by Appleby Loh > 2016-05-06 14:53 | Report Abuse

I think many people will burn their hand if buy now.

Posted by Appleby Loh > 2016-05-06 14:54 | Report Abuse

Sell in May. Buy in June.

Posted by shazali6609 > 2016-05-06 14:59 | Report Abuse

karex gg...switch to liihen better.:D

xexlone

387 posts

Posted by xexlone > 2016-05-06 15:00 | Report Abuse

sell in May and sell in Jun until Dec.....

noobnnew

973 posts

Posted by noobnnew > 2016-05-06 15:01 | Report Abuse

Karex GG....please sell to AirAsia, EForce and other potential counter. This counter worth below RN1. Please sell

Posted by Appleby Loh > 2016-05-06 15:03 | Report Abuse

Many people queue to sell! Harta no eye see. When Karex follow the step?

Posted by Winingguy > 2016-05-06 15:08 | Report Abuse

Haha so big offer so happy buy xD

Posted by Appleby Loh > 2016-05-06 15:14 | Report Abuse

OMg! OMG! SOS!

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