KAREX BERHAD

KLSE (MYR): KAREX (5247)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.90

Today's Change

-0.005 (0.55%)

Day's Change

0.885 - 0.90

Trading Volume

736,000


32 people like this.

11,896 comment(s). Last comment by fruitcake 6 days ago

sd99

805 posts

Posted by sd99 > 2013-12-12 16:35 | Report Abuse

klci is down and karex has performed quite well so far..

3689

34 posts

Posted by 3689 > 2013-12-12 17:11 | Report Abuse

Tomorrow will open high and the show will begin :) I got a feeling might break RM4 soon.

ktjaven

331 posts

Posted by ktjaven > 2013-12-12 20:27 | Report Abuse

hihihihi i be the first to sell at rm4!! Amen... haahahahaha

ktjaven

331 posts

Posted by ktjaven > 2013-12-12 20:28 | Report Abuse

btw what will happen to price after bonus issue?? up north or down south???? - in typical situation...

shawn3333

264 posts

Posted by shawn3333 > 2013-12-13 09:23 | Report Abuse

Buy call! Collect before it flies high :-)

atok

38 posts

Posted by atok > 2013-12-13 10:45 | Report Abuse

lah. penat ke? need more energyyyyy!!!

atok

38 posts

Posted by atok > 2013-12-13 10:51 | Report Abuse

makan ubat kuat.

atok

38 posts

Posted by atok > 2013-12-13 10:57 | Report Abuse

itu roadblock dekat 3.8 mahu kasi pecah

atok

38 posts

Posted by atok > 2013-12-13 11:04 | Report Abuse

kenapa nak jual so cepat? biar sampai 4.00

atok

38 posts

Posted by atok > 2013-12-13 11:21 | Report Abuse

volume sikit pun, masih boleh naik

shawn3333

264 posts

Posted by shawn3333 > 2013-12-13 11:26 | Report Abuse

Later noon maybe ada show. Tunggu buyers sampai.

atok

38 posts

Posted by atok > 2013-12-13 11:33 | Report Abuse

orang mau amik profit kasi bini dulu. takut bini marah. nanti beli murah balik

atok

38 posts

Posted by atok > 2013-12-13 14:27 | Report Abuse

lagi boleh naik..

atok

38 posts

Posted by atok > 2013-12-13 15:14 | Report Abuse

rm 4.00

sd99

805 posts

Posted by sd99 > 2013-12-13 15:20 | Report Abuse

with the proposed bonus issue in place, to reach 4.00 is just a matter of time. could even reach higher.

sd99

805 posts

Posted by sd99 > 2013-12-13 15:30 | Report Abuse

CIMB's new tp for today is 4.54

shawn3333

264 posts

Posted by shawn3333 > 2013-12-13 15:33 | Report Abuse

Yup just saw...cimb up the tp to RM4.54 :-) cimb started coverage...so will fly high:-)

aahtan

1,504 posts

Posted by aahtan > 2013-12-13 15:48 | Report Abuse

3.85 is big resistant... 3 times attempted still cannot get through.
hope after bonus issue will act like TNLOGIS.

atok

38 posts

Posted by atok > 2013-12-13 15:50 | Report Abuse

hari ini tak de volume. semua tidur. lepas announce bonus issue semua lari nak rebut murah

choonhock

2,029 posts

Posted by choonhock > 2013-12-13 20:06 | Report Abuse

wah..the balloon is heading north ler

Posted by Johny Khong > 2013-12-14 03:38 | Report Abuse

I believe RM4.00 is imminent in the next trading day.

ktjaven

331 posts

Posted by ktjaven > 2013-12-14 13:49 | Report Abuse

Johnny Khong, if karex price reaches rm4 before bonus issue, would u sell or hold on till bonus issue?? do we know when is the bonus issue??

Posted by Man144324 > 2013-12-14 20:12 | Report Abuse

Waiting for the answer from ktjaven question'

Posted by Johny Khong > 2013-12-15 07:24 | Report Abuse

The initial announcement has mentioned the proposed bonus issue will be completed within 90 days of announcement date i.e. 14 Nov 13. I'm a long-term investor. I share the same view on Karex's latest TP of RM4.54 by CIMB. In fact, I'm slightly more bullish at RM4.90.

aahtan

1,504 posts

Posted by aahtan > 2013-12-15 15:25 | Report Abuse

bonus issue is before CNY.

sd99

805 posts

Posted by sd99 > 2013-12-16 09:40 | Report Abuse

panic selling

sd99

805 posts

Posted by sd99 > 2013-12-16 09:40 | Report Abuse

?

member41

3,718 posts

Posted by member41 > 2013-12-16 09:42 | Report Abuse

What panic selling ?

choonhock

2,029 posts

Posted by choonhock > 2013-12-16 09:49 | Report Abuse

when is entitlement date?

sd99

805 posts

Posted by sd99 > 2013-12-16 09:49 | Report Abuse

dispose of smaller sum of shares at a lower px. but now it looks ok

choonhock

2,029 posts

Posted by choonhock > 2013-12-16 09:58 | Report Abuse

this is call profit taking. No panic selling lah.

sd99

805 posts

Posted by sd99 > 2013-12-16 10:01 | Report Abuse

are you looking at i3?

member41

3,718 posts

Posted by member41 > 2013-12-16 10:02 | Report Abuse

karex can up down 10-15sen a day is normal. no panic

sd99

805 posts

Posted by sd99 > 2013-12-16 10:05 | Report Abuse

yup

sd99

805 posts

Posted by sd99 > 2013-12-16 10:09 | Report Abuse

tq choonhock & member41

member41

3,718 posts

Posted by member41 > 2013-12-16 10:11 | Report Abuse

sd99: no prob, buy more balloon ya

sd99

805 posts

Posted by sd99 > 2013-12-16 10:12 | Report Abuse

haha :)

choonhock

2,029 posts

Posted by choonhock > 2013-12-16 11:16 | Report Abuse

wah, TP is 4.54. Sound very good to me. :D

3689

34 posts

Posted by 3689 > 2013-12-16 12:01 | Report Abuse

Karex Bhd

(Dec 13, RM3.82)
Maintain add at RM3.77 with a target price of RM4.54: We visited Karex’s
production facilities in Port Klang recently. We felt the optimism of the
management and are convinced that utilisation for its new lines will hit at
least 75% due to the high number of pending orders and low world condom
consumption per capita.
We maintain our earnings per share (EPS) and continue to value Karex at 17
times calendar year 2015 price-earnings ratio (PER) (a 20% premium over
the rubber glove sector’s 13.8 times average forward PER).
Karex is the world’s largest condom manufacturer and we believe further
market share gains will catalyse its share price.
We visited Karex’s manufacturing plant with eight other fund managers and
analysts. We were hosted by chief executive officer Goh Miah Kiat who
explained the entire manufacturing process, including product quality testing.
The plant visit was followed by a presentation and question and answer
session. Most of the questions centred on demand for condoms and room
for margin expansion.
There were no surprises during our visit but we felt the optimism of
management. We are convinced that demand will continue to grow, given low
world consumption of only 3.3 condoms per capita per year. Karex should be
able to fill up its new capacity with the large pending orders.
We were also delighted to learn that it has very strict quality testing
procedures at each stage of the production process. This is to ensure that
the company retains its licences and orders keep streaming in. Its highly
automated processes and in-house machine designing should ensure high
operating efficiency, keeping Karex competitive.
Poorer consumer spending in Malaysia should not affect demand for
condoms since they are considered a necessity.

3689

34 posts

Posted by 3689 > 2013-12-16 12:03 | Report Abuse

Usually afternoon only buyers will come in....I won't be surprised if they announce they bonus issue before xmas :)

atok

38 posts

Posted by atok > 2013-12-16 12:24 | Report Abuse

Semua dah beli baloon balik rumah??

aahtan

1,504 posts

Posted by aahtan > 2013-12-16 12:47 | Report Abuse

a lot of members joining our balloon flight.

shawn3333

264 posts

Posted by shawn3333 > 2013-12-16 13:22 | Report Abuse

Im sure today noon gonna fly high:-) morn people were taking profit, with the bonus issue to be announced soon plus cimb up the target price and posted again today on edge..im sure its gonna fly:-)

member41

3,718 posts

Posted by member41 > 2013-12-16 13:25 | Report Abuse

more people come balloon better... welcome to join :D

atok

38 posts

Posted by atok > 2013-12-16 14:30 | Report Abuse

Org mau jual murah... cepat cepat datang beli.
Jualan borong.

atok

38 posts

Posted by atok > 2013-12-16 14:34 | Report Abuse

Selalu lepas lunch makan kenyang turun macam ini. Masa nak close market naik paling kurang 0.02.

atok

38 posts

Posted by atok > 2013-12-16 14:58 | Report Abuse

Q beli sudah makin banyak.

atok

38 posts

Posted by atok > 2013-12-16 15:38 | Report Abuse

Semua sudah pandai tak payah balloon..

atok

38 posts

Posted by atok > 2013-12-16 15:50 | Report Abuse

1 jual low, lagi satu ikut.
Apa pasal mau takut??
Tunggu itu bonus issue kalau bukan contra player.

Post a Comment