KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.87

Today's Change

-0.02 (2.25%)

Day's Change

0.865 - 0.895

Trading Volume

969,400


32 people like this.

11,896 comment(s). Last comment by fruitcake 1 week ago

jimboyz

200 posts

Posted by jimboyz > 2016-11-22 18:12 | Report Abuse

go go go!!!

sharaad

8 posts

Posted by sharaad > 2016-11-22 19:07 | Report Abuse

Will Fed interest hike and its effects on Emerging Markets have any effect on Karex stock price?

chamlo

1,288 posts

Posted by chamlo > 2016-11-23 09:30 | Report Abuse

Trump-no TPP.

mancingbursa

4,268 posts

Posted by mancingbursa > 2016-11-24 09:32 | Report Abuse

Huat ah...
Pls break 2.64
Go go go
Accelerating toward 3.00
200kmh!

Posted by Tan Kah Fai > 2016-11-24 11:19 | Report Abuse

Who is going to Karex agm next monday? I am going

Posted by Appleby Loh > 2016-11-24 11:56 | Report Abuse

I bring someone to replace me.

Posted by Ananais Ho > 2016-11-25 09:31 | Report Abuse

Hi, can i bring along another person? I have two different brokerage account which has Karex's share in it.

Justin Si

56 posts

Posted by Justin Si > 2016-11-28 11:02 | Report Abuse

Anyone update the agm result here?

yapws

5 posts

Posted by yapws > 2016-11-28 12:14 | Report Abuse

Still not finish

bebee

47 posts

Posted by bebee > 2016-11-28 12:18 | Report Abuse

interested to know

Alex Goh

28 posts

Posted by Alex Goh > 2016-11-28 13:18 | Report Abuse

Any good news in agm ?? Share pls....

Posted by Tan Kah Fai > 2016-11-28 14:03 | Report Abuse

No specific good news announce in agm that will boost the share price. Overall management remain optimistic of future expansion of capacity, usd currency is in favour to Karex but if too strong usd also bring some impact on some customer who would want further price cut from Karex.
i would say this 4th agm is the biggest turn out so far with significant increase of young investor...Karex is nice enough this round to provide some decent breakfast and lunch for investor. All agm resolution accepted and pass. This agm have electronic vote counting system using barcode scanner, nice. On top of that as usual goodies filled with condom again
...this round Karex is kind enough to give 1 dozen of premium ONE brand condom on top of others Carex brand condom.

Posted by Tan Kah Fai > 2016-11-28 14:10 | Report Abuse

Karex CEO emphasize that Karex is just started to grow and expansion on going. Some investor question on 2 cent dividen is on the low side, Mk goh replied Karex hold a minimum dividen policy of minimum 25% and currently is paying 28%, if you wish for higher dividen you need to hold long term as Karex have not reach the high dividen yield stage yet since still expanding fast. Some investor questioned about Karex intention on Ansell sellout as published on Focus. CEO said no further comment until Ansell really announce they are selling.

anson8222

915 posts

Posted by anson8222 > 2016-11-28 16:05 | Report Abuse

Thanks for sharing @Tan Kah Fai.

ruffer

160 posts

Posted by ruffer > 2016-11-28 16:22 | Report Abuse

thanks for the agm updates

ezobear

474 posts

Posted by ezobear > 2016-11-28 16:27 | Report Abuse

Investors seem like not happy with the agm .. share price dive down to 2.49 .... may be one dozen ONE condom cannot satisfy them, should give more, Mr CEO!!

Posted by Tan Kah Fai > 2016-11-28 16:40 | Report Abuse

Some senior investor indeed propose for sundry voucher instead as some of them cannot "utilise" the condom... hehe

ezobear

474 posts

Posted by ezobear > 2016-11-28 16:44 | Report Abuse

next time they have to give a full package: "magic blue pill"+ gel + ONE + "rabbit"..... sure the share price go up before & after the AGM!!

Posted by Appleby Loh > 2016-11-28 17:25 | Report Abuse

If the senior investor cannot use give to others la.

Posted by ThunderCool > 2016-11-28 17:47 | Report Abuse

Oh lift coming down fast today. Get myself ready for those push their panic button... hehehe. Once it down, the shark start bite. Then We follow. Get ready. AGM got hint when report out? If got hints, means report going to bad as price drop.

Posted by Tan Kah Fai > 2016-11-28 20:59 | Report Abuse

https://m.facebook.com/story.php?story_fbid=224039824696757&id=170140153420058

AGM finding here is more comprehensive

madguy

674 posts

Posted by madguy > 2016-11-29 11:02 | Report Abuse

kah fai "1 dozen of premium ONE brand condom on" may i know how many piece inside the packet ?? i hv plan to attend the agm but suddenly i cancel it

thanks

Kah Fai

266 posts

Posted by Kah Fai > 2016-11-29 11:29 | Report Abuse

1 dozen =12

repusez

125 posts

Posted by repusez > 2016-11-29 16:40 | Report Abuse

mgmt said the goodies bag worth at least rm40 in the market, but from what i see, some of the condom given are old stocks from 2014

anson8222

915 posts

Posted by anson8222 > 2016-11-29 17:05 | Report Abuse

@repusez, some of the free gift is old stock? ^O^

Posted by ThunderCool > 2016-11-29 17:47 | Report Abuse

Wow, what a big swing. Looks like washing hand. Relax, sit and watch their show. My turn not yet come.

Collin Soo

894 posts

Posted by Collin Soo > 2016-11-29 17:54 | Report Abuse

Result too bad..

ginvin

206 posts

Posted by ginvin > 2016-11-29 18:08 | Report Abuse

result out

Posted by ThunderCool > 2016-11-29 18:18 | Report Abuse

Wow, big mega sales on the screen tomorrow.

red_85

1,259 posts

Posted by red_85 > 2016-11-29 20:11 | Report Abuse

So bad. The Kasih Jual earlier..sad to cut lost..with such result, at least drop to 1.5 soon..already 3 quarter so bad
.wt..sienz

pantor

336 posts

Posted by pantor > 2016-11-29 20:26 | Report Abuse

Why condom usage dropped?

red_85

1,259 posts

Posted by red_85 > 2016-11-29 20:29 | Report Abuse

Tomorrow must Jual asap. This result will cause price drop below 2. I don't think mgmt can tank it

red_85

1,259 posts

Posted by red_85 > 2016-11-29 20:43 | Report Abuse

Condom not a demand I think..
In such bad area, ppl rather spend money to buy food, living, clothes, and car...
No condom is OK, either don't sex or use old ways of safe sex..

manji

223 posts

Posted by manji > 2016-11-29 21:30 | Report Abuse

after next qr PE break 60 lol

Obsidian

38 posts

Posted by Obsidian > 2016-11-29 22:24 | Report Abuse

@red_85
lai...enlighten us why the result is bad beside forex...

anson8222

915 posts

Posted by anson8222 > 2016-11-29 23:14 | Report Abuse

@Obsidian, FYI.
Karex Bhd reported a 63.5% fall in net profit to RM8.14 million or 81 sen a share for the first quarter ended Sept 30, 2016 (1QFY17), from RM22.28 million or RM2.22 a year ago, due to LOWER FOREIGN EXCHANGE GAIN.

The LOWER PROFIT was also attributed to HIGHER OPERATING, ADMINISTRATION & ONE-OFF CORPORATE EXRCISE EXPENSES WITH THE CONSOLIDATION OF NEWLY ACQUIRED PASANTE HEALTHCARE LTD.

Revenue rose 5.2% to RM80.04 million from RM76.09 million largely due to the consolidation of sales from Pasante.

http://www.theedgemarkets.com/my/article/karex-1q-net-profit-drops-635-rm814m-lower-forex-gain-higher-expenses

anson8222

915 posts

Posted by anson8222 > 2016-11-29 23:20 | Report Abuse

[2016-0831] Karex buys US Line One assets for RM32 million
Karex Bhd’s wholly owned subsidiary Karex International Sdn Bhd (KISB) is buying Line One Laboratories, Inc. (USA)’s trademarks and intellectual property rights, which will enable Karex to increase its market share in the US, for US$8 million (RM32 million) cash.

http://www.thesundaily.my/news/1955014

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-11-29 23:21 | Report Abuse

@anson8222 so u think will drop until which level? 1.6?

Tigerbeer

390 posts

Posted by Tigerbeer > 2016-11-29 23:25 | Report Abuse

I feel that karex will goe to 1.50 arnd there.. demand frm Europe dropping

anson8222

915 posts

Posted by anson8222 > 2016-11-29 23:27 | Report Abuse

[2016-0706] Karex Berhad has acquired one of the largest independent condom manufacturing companies in the UK, Pasante Healthcare Limited for £6 million.

http://www.prnewswire.co.uk/news-releases/pasante-healthcare-ltd-acquired-by-karex-berhad-the-worlds-largest-condom-manufacturer-585666571.html

Posted by ABCDEFGHIJKLMN > 2016-11-29 23:28 | Report Abuse

Ask Euro people make more love, then sale will definitely higher :)

red_85

1,259 posts

Posted by red_85 > 2016-11-29 23:37 | Report Abuse

i too lazy to open the karex quarter report to analyse..
i just have a quick glance and it is really bad..
Please tell me the fact, and defend the quarter report if you guys think that the quarter profit is wrong!.

red_85

1,259 posts

Posted by red_85 > 2016-11-29 23:41 | Report Abuse

i thought such a high PE counter will give a high growing quarter report..
but the quarter profit for last 3 quarters is really bad compare last year...4 quarter PE will shoot to ridiculous high 60 if next quarter give such quarter profit again.. Do you think investor still believe the mgmt?

Another things which is I aware is every time before the bad quarter report is out, there will be a news to cover it..just like acquire this, or profit will be double in 2017...you check back last quarter report release time then you will know.

red_85

1,259 posts

Posted by red_85 > 2016-11-29 23:42 | Report Abuse

I can conclude that the management or big share holder very good..
they keep trying all the method to ensure the share price wont drop so much..what is their motive??

Kkevin2625

256 posts

Posted by Kkevin2625 > 2016-11-29 23:44 | Report Abuse

哦…扰乱术士又出现了…

anson8222

915 posts

Posted by anson8222 > 2016-11-29 23:45 | Report Abuse

Ehh... I don't think the CEO will let it drop too much. Most of the fast developing/growing company needs more investment ($$$) from investor rather than loan from bank so pushing the price up maybe is the best way to attract investor to keep or invest more into the company.

Btw, Karex sekali acquire 2 companies in one year, it surely hard to digest sometimes.

red_85

1,259 posts

Posted by red_85 > 2016-11-29 23:50 | Report Abuse

i am not 扰乱, i am just giving my opinion based on the quarter report pure result..if you have any diff view on the report, feel free to voice out here.

every body can raise their voice here, just a pcs of advise..all are money, I dont wan newbie to simply throw money into a company which not worth the value..must do their homework...

lazycat

899 posts

Posted by lazycat > 2016-11-29 23:51 | Report Abuse

condom pecah! jialat la!

anson8222

915 posts

Posted by anson8222 > 2016-11-29 23:52 | Report Abuse

Lower profit doesn't means bad things is becoz 2 new acquire companies in the same quarter 3 so it may caused higher operating & other expenses. If Ah Goh still planning to buy Ansell in this year then I think we better run 1st.

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