new high !

well done!

Well said erkongseng!

Finally move...

Gambatte !!

next week gap up again!

5.59 Huat ahhhh

Finally warm up!

tmr limit up may increase?

Pls show to us where u get this news?

Maybe fake technical rebound!

slow and steady

wow...3.40

wow......1.23

Next support 1.15

falling knife

Target 1.25

Good news!

Yes, IFCAMSC has proposed to acquire Indonesia-based PTIFCA Consulting Indonesia for RM 32m.

No eyes see!

Be patience ! more to come

Non-stop falling knife...

By Sulhi Azman / theedgemarkets.com | April 23, 2015 : 6:56 PM MYT
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KUALA LUMPUR (Apr 23): Condom manufacturer Karex Bhd ( Financial Dashboard), which is on the lookout for merger and acquisition (M&A) opportunities in an effort to build its own-brand business, expects to acquire at least one company "that will provide relevant synergies and complement its existing business – particularly in the distribution channel" in the next 12 months, said its chief executive officer Goh Miah Kiat.

"We are in talks with several companies globally. These companies are healthily growing, but we have to be mindful that the target company or companies will not be too expensive, (and) done at the right price. The discussion is pretty interesting, I must say," he told reporters on the sidelines of Invest Malaysia Kuala Lumpur 2015 here today.

But Goh said the discussion is still "very much preliminary", with no firm agreement sealed.

"We recently raised some RM158 million in a private placement. The bulk of it will be used to acquire companies that will provide us with synergies, especially in terms of distribution channel. Appropriate announcement will be made once it is finalised," he added.

Early this year, Karex announced a private placement of up to 40.5 million shares or 10% of its issued capital, as well as a 1-for-2 bonus issue.

Karex had then said that the placement will allow it to save on interest expense, as well as preserve cashflow for reinvestment or operational purposes.

As at Dec 31, 2014, Karex has a cash and cash equivalents of RM62.03 million.

On overseas expansion, Goh said Karex recently opened its office in Spain, thus further expanding its footprint in Europe, and the United States.

"We are the (world's) largest condom manufacturer, holding some 15% of the global market share. With all the initiatives and investments we have in place, that is set to increase over the long run," he added.

On its annual manufacturing capacity, Goh said it will reach 5 billion pieces in the next two months. By 2016, he hoped to increase the capacity to 6 billion pieces.

"Our utilisation rate is currently at 76%. It usually hovers between 70% and 75%, and that is still optimum for faster response to our customers' demand," he added.

As for its earnings outlook, Goh expects Karex to maintain its momentum this year, with "sustainable numbers", driven by various factors that include economic factors and family planning.

Currently, sales of condoms contribute 93% to its revenue, followed by probe covers and lubricating jelly (4%) and catheters (3%).

The stock closed 1.29% or 4 sen lower at RM3.07 today, giving it a market capitalisation of RM2.04 billion.

Wow....big shark is coming!

Add oil !!!.add oil !!!

Hi William where did get above source of information?Thanks

Good!! Hold for long term

Good ...goreng until 5.53!

Buy With Confidence!

Time will prove everything

support! support !

how to sell odds lot?

will buy more.....really confident with daya

The Board of Directors of THHE is pleased to announce that its wholly owned subsidiary, O & G Works Sdn Bhd (“OGW”) has been awarded an extension of scope for License by PETRONAS for mode of operation ‘Manufacturer’ (“License”). The Standardised Work and Equipment Code (“SWEC”) applied is Mechanical-Crane-Pedestal. The License is subject to terms and conditions stated therein.

Hope tomorrow will break to 0.90...

daya = jaya .haha

Defensive stock with good return and future looks bright.Hopefully it will break rm 8 at anytime.

Everday non stop breaking new high !

Starting flying....

Agree with your viewpoints 余光成.

Yes, Hustle

Gambateh!

Thumb up !

Hold till end of July

KUALA LUMPUR: CIMB Equities Research said Catcha Media is severely undervalued as it trades at less than the value of its stake in iCar Asia Ltd.

The research house said on Friday the Australia-listed iCar Asia is Asean's top online auto classified portal.

“This attributes zero value to the advertising and e-commerce businesses and investors are getting them for free. “Our target price of 96 sen a share is based on a bottom-up sum-of-parts (SOP) based methodology, which implies an upside of 45%,” it said.

CIMB Research said its valuation was transparent as 58% of its SOP value is derived from iCar Asia Ltd's market cap on the Australian Stock Exchange.

“Catcha Media has been overlooked and appreciation of its business and outlook is a catalyst,” it said.

Listed on the ACE Market of Bursa Malaysia in 2011, the stock has languished, now 30% below the IPO price, due to the different media platforms in its stable that appear unrelated

Lucky sold all before noon. Thanks Bro Chong for yesterday advised !

pls add me pboontat@yahoo.com.sg
Thanks

I'm still holding this counter as long as bro chong still captain of ship.Thanks bro chong

OMG... 0.64 alreadu! Wow Amedia have changed to turbo engine mode.

Bro Chong reaching 1.00 also no problem if got ganas monkey. Hahaha

ECM ..maybe good news coming , no wonder director bought alot this few days!