there is no good news, there is no u turn.

last year if you buy before bonus issued, today the profit earning is about 70% from your initial investment. How much will you get from FD? :)
Now is coming another round of bonus, demand for condom is ever growing, is just like food, forever there is demand out there...Coming June comes another possibly of USD rate hike, 90% sales in USD that i think buying karex is just like buying USD...for wealth protection...

queue at 1.78, 1.80 is safe.

they cut forecast due to dilution, not bcoz losing its value.

have to understand how the big player playing the game...

not easy... In the past it will never sustain for long in 0.3 region.

Somebody's concern on:
High dependency on foreign labour and lack of long-term contracts with customers.

what is the problem of high dependency on foreign labor? if mostly they are running semi-automated in production line. this is not really a labor intensive manufacturing like constructions. The key here is is there sufficient supply of labor if needed? if we are not purely depend on 1 country to supply the labor. There are multiple choices as of today.

lack of long term contracts? the barrier of entry into condom business is high. This is not something the competitor can easily get in to share the cake as they wish. As long as you are the biggest in world. You have stronger capability to control cost in terms of economic of scale.

Report from The Edge in March:
Global condom demand growth CAGR 7.1% versus supply growth 4.2%
So demand growth is almost double of supply in coming years. Karex is in position to capture the opportunity by acquire more land for expansion.

and those who speak about GST...Karex product is worldwide. What is local market compare to overall worldwide sales?

will wait for adjustment...

i am not worry at all..is good time to collect at big sale..

big sale

hold it dun sell

more buyers than sellers. keep buying...

slow slow

The volume suggest is just technical adjustment, not bulk sell off.

hold it.

hold and wait...

buy more...

a lot of sheep here.

excellent

good goreng counter.

Congrat to those who bought Eco before split.
Those should now learn PE is not everything.

M Pay is sharing the pie...hehe

About the company event, as many of you aware, the corporate exercise involving the proposed share subscription, share split, right issue with warrants and private placement, some already been completed, and some are expected to be completed soon by 1QCY15.
Do take note on the above and check out the latest timeline of event.

@JT, i suggest you go read up some book to judge yourself if we should still use PE to make investment judgement. There are many good books on this topic and why we should not use PE. If you need further guidance i can share the book title and author that you can find from bookstore.
No right or wrong, just open up your mind to see things from other perspective.

Good run.

@ JT , i appreciate if you can take a look at stock CSL and tell me what is the PE of this company and how this been perform in the past since IPO.
The thinking of a low PE company is low risk in investment may not be true all time. Take a look at CSL.
http://klse.i3investor.com/servlets/stk/fin/5214.jsp

@limayseng , this is not a buy house forum...the important is the sales figure for this developer in which you can read more about what was their sales figure as latest news about.

i wonder the moment they make the payment of div $0.20 on 22/4 will get further deduct GST? anyone know?

@JT, is incorrect you taking Geneva as example. Geneva is selling paper gold, is Ecowld selling paper house? They have actual projects running on site.

I am not insider in Ecowld that i can leak something here that people dont know. Yes the company PE is high, then why EPF is willing to JV with Ecowld which if they are a high risk company?

@Madd, why dun you highlight what other bank TP just focus on MBB?

05/02/2015 2.33 2.18 -0.15 (6.44%) HOLD MAYBANK
05/02/2015 2.33 3.02 +0.69 (29.61%) BUY CIMB
05/02/2015 2.33 2.60 +0.27 (11.59%) BUY AMMB

i hope ppl are not making their investment decision based on the write up in i3, whether is 500 words or 5 words. Every stock has their own risk exposure and there is no guarantee of return.

Never trust anyone except yourself.

5 words.

tks

@voonyoke, i agreed somebody make noise here just because the PE. If stock just view from this single indicator the trading game will be much easy and straightfwd.

@masterpeace, i'm not sure if you are telling a true story. Let me share with you what i knew.

Buying a property is not like you buy vege from market. If you paid down payment for a property, and decided to make a U turn, it usually you can take back full refund, only if your loan was unsuccessful with bank and got denied.
It otherwise there could be penalty, which follow what the agreement stated.
Even there is refund, it will take minimal few months which through the developer's finance procedure.

If you suspect the developer took longer time than it should, by any means do not hesitate to approach your lawyer to assist on this.

what you have said above is baseless and please give more concrete evidence rather simply say something that there is no actual fact to support.

I think you need to go and do some homework to understand why he left SP Setia. what makes a founder leave the company he setup and start another company all over again.
And please go to find out how many staff resigned and followed him to this Ecoworld.
If we said ppl is the best asset of a company then the SP under PNB lostmany.

the thing about share is, the moment you buy after the news out then is too late...i'm not referring this stock or hint anything but *as general*...Pudu Jail is not the only thing in their plan. Is just one out of many.

I dont usually take price target from analyst but as a general guideline all given in range of $6-$7 or today's $3-$4. I dont see any analyst showed single concern over the high PE, pls share the link if there is one. Therefore i believe the sale number has not been captured that probably do not reflect the true number.

I missed the chance to collect when it was at $2 last time , and it raised all way till $5 April last year. The stock may fluctuate in short term but as i'm still hold profit there is no urgency to let go and let's see how far it will go.

KUALA LUMPUR (Jan 30): UDA Holdings Bhd (UDA), Eco World Development Group Bhd (EcoWorld) and the Employees Provident Fund Board (EPF) will seal a tripartite agreement to jointly develop the RM8 billion Bukit Bintang City Centre (BBCC) project on Wednesday, Feb 4, a press invite issued jointly by the three parties revealed.

The redevelopment of 19.4 acre Pudu Jail site will contain a mixed residential and commercial development with a proposed world-class master plan, consisting strata offices, office towers, a hotel and serviced residences; and a Lifestyle Centre which will include a Malaysian Grand Bazaar, a retail mall, F&B and entertainment components.

you'll see how far it will go once the SPAC is approve...take today price as $2.25

i just knew my investment in Ecowld so far is much better than putting money in FD...

fuel surcharge remove already? less revenue then

91.2% of Karex total revenue dominated and transacted mainly in USD at time of listing.

that is because the outlook for ringgit is not favorable...exchange rate will be a big boost for Karex in export business...

2 month of bullish run come to end maybe..time to drop back

good

fever is over...now coming down

export business traded in USD will see big boost in revenue...good run for first half...

@limayseng
all problem listed above will only push up the property price. Xpecially those property in good position, reputable developer
In the past the world face a lot of problem like diseases, subprime crisis, gold price crash, economy slow down etc and now oil issue.
Take a look on housing index of Klang valley, JB and Penang. What was the price per sqft then and now.
Why did Tan Sri LKS bought the London prop even before the eco SPAC approval issued? why dont he wait if there is a concern with all the problem there.
Something cannot wait and for sure will go up. That is his view and he dont wait.

those bought in RM5 should split to half of the value with double of the units. i.e. you'll breakeven at $2.50 today