Posted by maxprofit2020 > 2020-05-21 08:26 | Report Abuse

long term target RM 1, RM 1.5

Posted by NoHopeMedia > 2020-05-21 16:17 | Report Abuse

Leaking

Posted by Investsucess Trader > 2020-05-21 21:21 | Report Abuse

After erection sure softer a bit, then will rise and shoot up again...

Posted by NoHopeMedia > 2020-05-22 13:06 | Report Abuse

Seem Aft orgasm need few day to erect back ! Viagra required

Posted by maxprofit2020 > 2020-05-22 15:22 | Report Abuse

0.53 shall be the support.

Posted by maxprofit2020 > 2020-05-22 16:16 | Report Abuse

Karex share price had been not much affect by the fluctuation of DJ but it had been benefits during the outbreak period as it is a certified medical product manufacturer.

On top of condom, the company produce hand sanitizers as high demand requested by medical customers during the outbreak period.

The share price had been rebounding since March 19th when it hit its lowest and constantly on cup & handle uptrend after past many years' downtrend.

Mar 19th = 0.26 (lowest)
Mar 30th = 0.45 (highest)
Apr 27th = 0.54 (highest)
May 13th = 0.645 (highest)

Expecting within May, it will retest the previous high of 0.645 (21% upside from current price)
Current support shall be 0.53.

Posted by maxprofit2020 > 2020-05-22 17:09 | Report Abuse

Good closing 0.545 today.

Currently :

SMA 50 = 0.432 (moving upward 0.003 per day)
SMA 90 = 0.445 (flat)
SMA 200 = 0.453 (flat)

Once SMA 50 cross over > SMA 90 & 200, expect within May, a Golden Cross - a strong uptrend will be formed for Karex, after many years downtrend.

It will retest the first resistance 0.645 (May highest), and follow by mid-term resistance 0.77 and longer term resistance 0.90.

Posted by Investsucess Trader > 2020-05-22 21:41 | Report Abuse

Buy Karex if you wants an erection...

Posted by Investsucess Trader > 2020-05-23 22:21 | Report Abuse

Karex. We understand a global shortage of condoms is looming, as lockdowns globally have disrupted production and somewhat increased demand. With Karex being the largest condom maker globally, we feel it may benefit via higher ASPs. The MCO (started 18 Mar) stopped Karex’s production for the first 10 days’ but fortunately, it was subsequently granted permission to restart but with only 50% of its workforce. As we understand, since Covid-19, Karex’s ASP has been on an upward trend, possibly due to other smaller domestic manufacturers that were not able to operate during MCO and/or faced hiccups in obtaining raw materials.

Posted by maxprofit2020 > 2020-05-23 23:06 | Report Abuse

Expect after long weekend after Raya, Karex will retest 0.645 current resistance.

Once the golden cross formed within a month, 0.7x, 0.8x, 0.9x will be possible for mid to long term.

Posted by Investsucess Trader > 2020-05-25 13:59 | Report Abuse

Its very simple, If you think the stock has potential to rise then buy, or else just leave and buy other stocks.

Posted by Cupcakes69 > 2020-05-25 15:55 | Report Abuse

@Investsuccess Trader

Lol, if you can't handle an opposing argument, just leave and cry somewhere else lah. This is a forum, not a fanboy club.

Posted by Investsucess Trader > 2020-05-25 19:50 | Report Abuse

LOL, No one has the ability to influence the stocks, I busy watching my bank acc getting fatter than to waste my time on argument in the forum. there are so many has nothing to do but spend time picking up argument everywhere.

Posted by eye2eye > 2020-05-26 20:17 | Report Abuse

@maxprofit2020 - I share the same findings too. Let's put fingers cross bro :)

Posted by maxprofit2020 > 2020-05-27 07:30 | Report Abuse

@eye2eye, hope this week it bounds back to 0.645 & above.

Posted by eye2eye > 2020-05-27 13:25 | Report Abuse

yap... looking forward :)

Posted by SWT1988 > 2020-05-27 15:26 | Report Abuse

So far so good. Not really clear is slowly accumulating or disposing now. Let watch the drama

Posted by maxprofit2020 > 2020-05-27 17:18 | Report Abuse

SMA 50 = 0.435 (moving up 0.003/day)
SMA 90 = 0.445 (flat)
SMA 200 = 0.453 (flat)

expect within another 7 working days, SMA 50 will cross over > SMA 90 & SMA 200, a strong reversal to uptrend will be formed.

The price is gradually moving up since last Fri hit lowest 0.53 vs. today's highest 0.56 (+5%).

Hope within this week will rebound back to 0.645.

Posted by Investsucess Trader > 2020-05-27 20:06 | Report Abuse

Dow jumps another 300 pts, karex will probably soar above 0.60 anytime..

Posted by RedEagle > 2020-05-27 20:14 | Report Abuse

Petronas' capex cut another shock to local O&G companies and Karex

Posted by LA777 > 2020-05-28 09:36 | Report Abuse

Bought some this morning.

Posted by eye2eye > 2020-05-28 11:19 | Report Abuse

maxprofit2020 @eye2eye, hope this week it bounds back to 0.645 & above.
coming to reality .... :)

Posted by eye2eye > 2020-05-28 11:53 | Report Abuse

noon shopping ....

Posted by maxprofit2020 > 2020-05-28 17:06 | Report Abuse

@ eye2eye, tomorrow shall gap up in the morning, hope it break the ceiling 0.645 by tomorrow.

Last Fri's lowest (0.53) vs today's highest (0.615), within 2 working days already rebound +16%.

SMA 50 = 0.44 (up 0.005/day)
SMA 90 = 0.446 (up 0.001/day)
SMA 200 = 0.454 (up 0.001/day)

expect within 4 working days, SMA 50 will cross above SMA 90 & 200, the price shall surge when the golden cross formed (subject to good QR).

Short term TP = 0.68
Mid-term TP = 0.77
Long-term TP = 0.90.

Posted by maxprofit2020 > 2020-05-28 17:11 | Report Abuse

The closing Buy Q for 0.595 = 1.9335 million units.

Posted by Investsucess Trader > 2020-05-28 20:02 | Report Abuse

Karex keeps rising, like a young man, should closed above 0.60 anytime now...

Posted by limec86 > 2020-05-28 20:32 | Report Abuse

Breaking the “protection” and fly? Hahaha

Posted by eye2eye > 2020-05-28 22:25 | Report Abuse

@ eye2eye, tomorrow shall gap up in the morning, hope it break the ceiling 0.645 by tomorrow.

Yes.. i am equally excited for the miracle to happen too.
Tks for sharing your TA Bro.. :)

Posted by ZAIMAN3 > 2020-05-28 22:51 | Report Abuse

0.645 just after 1 minutes market opens

Posted by zai > 2020-05-28 23:32 | Report Abuse

bro are karex made gloves ?

Posted by apolloang > 2020-05-28 23:32 | Report Abuse

no they make kuku gloves....hahaha

Posted by limec86 > 2020-05-29 08:31 | Report Abuse

@apolloang, mmmm.... Today will breakthrough the gloves and shoot to the destination or not? =)

Posted by Daz Ng > 2020-05-29 10:46 | Report Abuse

When lots of analyst said its a sell, does it mean they are accumulating? Does Karex future are so bleak when it comes to the third generation managing the company? Should they rebrand as Medical & Personal Care Manufacturer, sound better to me.

Some interesting facts to discuss on World Leading Condom Manufacture:
1) The global condom market will cross US$ 9.50 Billion by 2024 growing at a CAGR of more than 10% by 2024.
https://on.mktw.net/2ZTIh3I

2) Analyst argue that US & China are not supporting on birth control policy, but is the whole world just reply on US & China?
India, South America, Europe, Middle East & African Continent are the most potential market which Karex is positioning itself to grow its own brand

3) Latex Compounding plant is now running. This means they can sell Latex Compound to Glove manufacturer as well?

4) One of Karex product category is Medical Disposable which is Catheter, Probe Cover & Hand Sanitizer. Top Management should be able to see the bright future & opportunity for this segment and expand more product base into Transfusion Tube, Medical Storage Bags for Drugs, Blood, and Saline, Body Fluid, Medical Lab Disposable.

5) Looks like reversal of Weekly Trend is in the making. A good accumulation phase started since end of 2018 till now.
If a Break above 0.685 (1st Target) & 0.89( 2nd Target) will be great to have a New Mid - Long Term Bull

What do you think?

Posted by maxprofit2020 > 2020-05-29 11:46 | Report Abuse

@ Daz Ng, your points are valid.

Subject to good QR release (finger cross), with the golden cross will be formed by next week, we shall see Karex reverse to a long term uptrend, after past many year's downtrend.

Posted by limec86 > 2020-05-29 15:07 | Report Abuse

The 'bird' still not strong enough to break the 'protection' to fly higher...

Posted by Bobii > 2020-05-29 17:19 | Report Abuse

GG profit down 800% lol

Posted by Bobii > 2020-05-29 17:19 | Report Abuse

net loss.....

Posted by wantousek > 2020-05-29 17:28 | Report Abuse

better karex pivot to sell gloves instead lol

Posted by limitupupup > 2020-05-29 17:28 | Report Abuse

Keong haha, kena buy call trapped again. Loss making company can become golden goose meh? all in la hahahaha

Posted by limitupupup > 2020-05-29 17:29 | Report Abuse

nvm la MCO alot ppl duwan baby wear small gloves, profit down -500% next QR

Posted by limec86 > 2020-05-29 17:36 | Report Abuse

the "bird" stuck... What a pity "bird"... Hahaha

Posted by birkincollector > 2020-05-29 17:39 | Report Abuse

nvr understand how karex failed to make money

Posted by maxprofit2020 > 2020-05-29 17:45 | Report Abuse

Karex recorded a big lose in Q1.
Seems the uptrend momentum shall be ended by the poor result announced.

Posted by mf > 2020-05-29 17:46 |

Post removed.Why?

Posted by EatCoconutCanWin > 2020-05-29 17:48 | Report Abuse

As long as the major shareholder inside this stock. There is no way can down so much.

Posted by gunter > 2020-05-29 17:56 | Report Abuse

GG

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=209547&name=EA_FR_ATTACHMENTS

Posted by sharonchok > 2020-05-29 18:04 | Report Abuse

can any sifu analyze it?

Posted by davidkkw79 > 2020-05-29 18:21 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3054327

Posted by waiweng83 > 2020-05-29 18:51 | Report Abuse

Quoted from the QR:

For the third quarter ended 31 March 2020 ("3QFY2020"), revenue increased by 16.5% in comparison to the third quarter in the
preceding year, anchored by a 15.9% higher contribution from the Sexual Wellness segment. This has partly been attributable to
the completion of the final social audits, allowing customers from both Tenders and Commercial segments to place orders to
replenish previously depleted stocks.

The recent Movement Control Order in Malaysia restricted our facilities from operating at full capacity causing idle operational
expenses which pressured the profitability during the quarter. Profit before tax for the quarter stood at RM 32,000 and loss after
tax for the quarter stood at RM 353,000 after the provision on tax for profitable subsidiaries.

Posted by Tortise99 > 2020-05-29 19:02 | Report Abuse

strongest yoy revenue grow in 2 yrs with lesser working days due to MCO shut down.