KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.915

Today's Change

+0.005 (0.55%)

Day's Change

0.885 - 0.92

Trading Volume

3,607,500


32 people like this.

11,896 comment(s). Last comment by fruitcake 2 days ago

MaYun

264 posts

Posted by MaYun > 2020-06-11 13:20 | Report Abuse

If you are in this counter, do not expect this baby to go up any sooner. It will only come back up when the the business is back on track and reporting a good profit. There are many other counters that are offering few cents divvy at the moment and with its' stock price sitting at 40/50 plus cents, so if you are a institutional investor where are you going to park your money ? It bounds to go further south until major players finds financial data & ratio become very attractive, then they will start to pick up the stock, meantime retailers like us cannot do much, stay put or sell lower to switch other counters to grab some handsome divvy and come back later to buy higher.

intouch

111 posts

Posted by intouch > 2020-06-11 14:29 | Report Abuse

i will continue to hold..top up yesterday... have faith...

SWT1988

1,347 posts

Posted by SWT1988 > 2020-06-11 16:25 | Report Abuse

Let c how low it will go down this round before rebound

limec86

121 posts

Posted by limec86 > 2020-06-11 18:43 | Report Abuse

@SWT, 0.45, 0.40, 0.35.... Hahaha

MaYun

264 posts

Posted by MaYun > 2020-06-11 21:11 | Report Abuse

If you are already holding the stock and decide to continue to hold, then do nothing at the moment, the more you buy the lower it gets. Wait until the dust settle down before doing any top up, my 2 cent advise.

Value888

623 posts

Posted by Value888 > 2020-06-12 12:06 | Report Abuse

Next quarter result will fly. Best stock to accumulate now before it flies.

Cupcakes69

611 posts

Posted by Cupcakes69 > 2020-06-12 12:11 | Report Abuse

Nope, recession soon. Better put money into defensive stock, not this money losing condom maker.

Value888

623 posts

Posted by Value888 > 2020-06-12 13:54 | Report Abuse

Shareholders put their money where their mouths are. Huge condom order volume to replenish stocks.

SWT1988

1,347 posts

Posted by SWT1988 > 2020-06-12 14:12 | Report Abuse

@limec86, I have the same feeling it will go down like that. No catalyst n reason to pump this stock during current market condition. The best way is go down as low as possible before rebound.

limec86

121 posts

Posted by limec86 > 2020-06-12 14:13 | Report Abuse

@SWT, dive together to the bottom and raise. The matter of time, of course also market sentiment and some TA analysis.

Value888

623 posts

Posted by Value888 > 2020-06-12 15:20 | Report Abuse

Investors seek high & low for the next growth stock, Karex is one the answers. Condom demand is extremely strong.

Cupcakes69

611 posts

Posted by Cupcakes69 > 2020-06-12 15:40 | Report Abuse

Demand at most is normal, most likely less now. "Extremely strong" is just wishful thinking.

limec86

121 posts

Posted by limec86 > 2020-06-12 15:47 | Report Abuse

To boost demand.... Should be like this "Use 2 instead of 1 for double protection"... Lolz!

Value888

623 posts

Posted by Value888 > 2020-06-15 10:51 | Report Abuse

With revenue earned from its condom business, Karex is quickly expanding into sanitisers & spray. Prospect looks good.

Bernama. KUALA LUMPUR, June 12 -- The world’s biggest condom maker, Karex Bhd, is responding to the COVID-19 pandemic by expanding production of sanitising products.

The company started producing hand sanitisers under the brand HANS in March and is expected to come out with a sanitising spray by the end of this month and wipes before August.

Cupcakes69

611 posts

Posted by Cupcakes69 > 2020-06-15 12:33 | Report Abuse

I guess their sale of lubricants was bad enough for them to have stopped its production for awhile to make way for hand sanitizers. How their OBM suppose to succeed if like this!?!?..damn sad.

Value888

623 posts

Posted by Value888 > 2020-06-15 15:45 | Report Abuse

Better margin. Since they already have the similar equipments in place, just switch to higher margin sanitizer & spray. Smart move.

Cupcakes69

611 posts

Posted by Cupcakes69 > 2020-06-15 17:01 | Report Abuse

Even if its smart, it's not what is suppose to happen. Their lubricants sales should be strong enough that they dont need to switch to hand sanitizers. CEO promised to make Karex into a competitive sexual wellness company with strong brands in condoms and lubricants, thats the reason they did the IPO, and not to produce hand sanitizers.

Plus, covid-19 will only last a few years, so producing hand sanitizers is not a good long term business. And the price is only high now because of low supply. Once supply of sanitizer picks up, the price will drop. Thats why branding is soo important, which Karex seems to be failing.

Condom003

163 posts

Posted by Condom003 > 2020-06-18 15:33 | Report Abuse

3 reason why you should hold on buy Karex first? 1.All escort service lock down 2.Meet small 3 also no chance during lock down time 4.Economy no good maybe buy cheap cheap brand 1st

Posted by NoHopeMedia > 2020-07-01 11:22 | Report Abuse

World condom producer and stock price below 0.5 cent. Mean company ceo is damn good in managing bussiness

Posted by Chung Hou Tan > 2020-07-01 21:17 | Report Abuse

0.45 keep a bit, 0.40 also keep a bit

limec86

121 posts

Posted by limec86 > 2020-07-02 12:14 | Report Abuse

@Tan, you come here also ar..... 0.45 coming?

Posted by Chung Hou Tan > 2020-07-06 23:07 | Report Abuse

Fly liao, 525 current, need to see tomorrow have make red or not, if not the price 0.45 no chase to buy in @lim

blood7

254 posts

Posted by blood7 > 2020-07-10 01:33 | Report Abuse

https://www.nytimes.com/2020/07/08/health/coronavirus-masks-ppe-doc.html

shortage of hand-sanitizers in US, and everywhere!..... that's why major shareholder keep buying.......

Posted by Tryingtogetrich > 2020-07-12 10:35 | Report Abuse

Karex is now in a few new markets such as Thailand, Vietnam, singapore and Indonesia which they were not a few months ago. Karex is a good turn around company with great potential

Sashay88

376 posts

Posted by Sashay88 > 2020-07-19 15:23 | Report Abuse

Monday up!

corboylee

66 posts

Posted by corboylee > 2020-07-20 17:19 | Report Abuse

y top condom maker.. so boring

Posted by roundcateye > 2020-07-21 12:30 | Report Abuse

Karex should move into surgical glove market. It has the technical know-how, access to medical industry, production capacity surplus and good brand name.

Posted by Tan Kit Long > 2020-07-22 11:50 | Report Abuse

hahaha stupid and illogical thinking.

MaYun

264 posts

Posted by MaYun > 2020-07-22 11:58 | Report Abuse

Glove counters flied, Pharma Medical counters flies , Condom counters coming soon ? or is she fried ?

blood7

254 posts

Posted by blood7 > 2020-07-22 12:14 | Report Abuse

taking off!..... next QR green green...

directors bought enough, just sit and waiting only now.... :)

MaYun

264 posts

Posted by MaYun > 2020-07-22 12:19 | Report Abuse

hopefully, not retailers face green green .... ; )

blood7

254 posts

Posted by blood7 > 2020-07-22 12:46 | Report Abuse

by logic result should be green green... even with everything stays constant, the hand sanitizer revenue should do the job this QR... anyway i think the directors are not stupid, if result they themselves cannot improve then they buy for what?

MaYun

264 posts

Posted by MaYun > 2020-07-24 09:20 | Report Abuse

这次是来真的呗?不是狼来了的吧!

Posted by whyohdeeay > 2020-07-24 09:20 | Report Abuse

Karex rising, question is how long? Sustainable?

blood7

254 posts

Posted by blood7 > 2020-07-24 09:25 | Report Abuse

hmm heavy buying around 60sen then someone push down.... interesting....

cscool

16 posts

Posted by cscool > 2020-07-24 09:31 | Report Abuse

hopefully slowly slowly push up to rm0.70 before QR out.

blood7

254 posts

Posted by blood7 > 2020-07-24 09:34 | Report Abuse

collected enough around 50sen.... i just relax and wait now....

Posted by whyohdeeay > 2020-07-24 09:53 | Report Abuse

that’s the best feeling

MaYun

264 posts

Posted by MaYun > 2020-07-24 10:42 | Report Abuse

I had a feeling that someone is doing fishing at this price. Anyway I have a bus load of this shares on hand , do not mind selling a little bit for cash to buy other stock as long as there is profit.

MaYun

264 posts

Posted by MaYun > 2020-07-24 10:44 | Report Abuse

Or to put it in another way, it could be some retailers are eating the bait bit by bit at this price. ha ha ha

blood7

254 posts

Posted by blood7 > 2020-07-24 11:03 | Report Abuse

this type of market you sell then buy what?..... gloves? tech? too late already, all those can make money for the next 2 years the share prices already went ballistic.... right now the only thing can buy is GOLDETF and also went up already....

MaYun

264 posts

Posted by MaYun > 2020-07-24 11:13 | Report Abuse

Retiree has not much things to do ma... , passing time and at the same time make some pocket monies lo..... lol

blood7

254 posts

Posted by blood7 > 2020-07-24 11:19 | Report Abuse

last time, actually not really too long ago, fd still have 4-5%, can rely on them.... now those also like policeman who wear shorts all gone lol.... sigh.....

joni

1,259 posts

Posted by joni > 2020-07-24 15:07 | Report Abuse

profit taking too early have to wait again

starhock

81 posts

Posted by starhock > 2020-07-27 11:14 | Report Abuse

it is going to shoot up any time

Fattymin

245 posts

Posted by Fattymin > 2020-07-28 15:51 | Report Abuse

i believe karex wil fly back to 2.0....that's my dream...haha

corboylee

66 posts

Posted by corboylee > 2020-07-30 12:03 | Report Abuse

they need to make some state of the art products

MaYun

264 posts

Posted by MaYun > 2020-07-30 21:45 | Report Abuse

Karex has to live up to expectation for being a number producer of condom, King of Condom.
Let's all of us keep our fingers cross.... Do you hear us Mr MK Goh ?

haha135

107 posts

Posted by haha135 > 2020-08-02 18:28 | Report Abuse

super ring condom

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