Posted by Giantbaby > 2020-08-11 17:51 | Report Abuse

guys cool down. Think wisely. There must be a reason why the substantial shareholder still continue buying at such price of RM1.1+. If she can predict share price is dropping, why wouldnt she just wait for today only enter? Why would she still continue buying? Ada udang di sebalik batu. I can smell something BIG is coming!

Anyway QR is just 2 weeks away. Lets just wait and see

Posted by Giantbaby > 2020-08-11 17:57 | Report Abuse

By the way, Goh Yin is a sibling of the board members. You can find out from past years annual report.

https://www.insage.com.my/Upload/Docs/KAREX/KAREX_AnnualReport2017a.pdf#view=Full&pagemode=bookmarks

page no. 80

Posted by bsklshark > 2020-08-11 21:09 | Report Abuse

Latest rumours says that the glove factory is being setup. Will announce end of this month together with qr

Posted by clp72 > 2020-08-12 09:12 | Report Abuse

cut loss yesterday, was a painful lesson

Posted by KWB5423 > 2020-08-12 09:31 | Report Abuse

Foreign investment and local investment continues to sell , glove share price drop like no tomorrow....

Posted by dompeilee > 2020-08-12 09:40 | Report Abuse

Bought back some of the Karex I sold @ 1.20-1.21 for 72.5c

Posted by cscool > 2020-08-12 10:00 | Report Abuse

TP 62cents go in again.

Posted by dompeilee > 2020-08-12 10:42 | Report Abuse

Bought back even more Karex @ 64.5-65c

Posted by KWB5423 > 2020-08-12 11:33 | Report Abuse

Russia vaccine is going to drag all glove & health care counters lower in the coming days. The rally is over. Speculation is over.Afternoon will further drop....

Posted by Lookie > 2020-08-12 11:47 | Report Abuse

Hahahaha

Posted by crosstime > 2020-08-12 16:37 | Report Abuse

Many people has mistaken vaccine as a cure. Vaccine is not a cure. It does not heal sick people, it help people to prevent covid. Vaccine help us to achieve herd immunity faster, but that would take some time as well even if we have the vaccine today

Posted by Lookie > 2020-08-12 17:14 | Report Abuse

Not so promising as covid19 is mutating in diff country. Precaution items will still be in high demand in the near future.

Posted by chcheah > 2020-08-12 18:38 | Report Abuse

Don't even know whether the vaccine is effective. The fastest vaccine ever invented for humans was for mumps. And that alone took 4 years to develop. For so many years no vaccine can be invented for chikungunya, aids, shingles or herpes. Would you think that a vaccine will developed for co19 especially if it was rumoured to be a biological weapon.

Posted by Lookie > 2020-08-12 19:48 | Report Abuse

My opinion; it is an out of control mutated biologically weapon

Posted by KinSun Lee > 2020-08-12 19:53 | Report Abuse

https://www.bloomberg.com/amp/news/articles/2020-08-12/eye-popping-rally-in-asian-glove-stocks-will-continue-citi-says

Eye-Popping Rally in Asian Glove-Maker Stocks Will Continue, Citi Says
Top Glove, Kossan Rubber can each rise by about 75%
Analyst says lead time up to 12 months vs 1-2 months pre-virus

Posted by icon1234 > 2020-08-12 22:03 | Report Abuse

The 4 King of gloves loses 22 billion in market today, Under the frenzied arbitrage of investors, glove stocks fell across the board and will fall again across the board on tomorrow....

Posted by chcheah > 2020-08-12 22:36 | Report Abuse

the glove counters had really risen alot. Karex hasn't yet.

Posted by Opulent > 2020-08-12 22:39 | Report Abuse

Karex is not a glove counter

Posted by Opulent > 2020-08-12 22:54 | Report Abuse

Can still buy although it is not as such?

Posted by Shark88 > 2020-08-13 09:07 | Report Abuse

Lookie where is the news link? Thanks

Posted by Opulent > 2020-08-13 10:48 | Report Abuse

Any news?

Posted by 6182al > 2020-08-13 11:52 | Report Abuse

Russia says they found and is testing the vaccine but their Health Minister say otherwise so who's telling the truth

Posted by Opulent > 2020-08-14 06:41 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/08/11/fbm-klci-now-more-sensitive-to-rubber-gloves

Posted by Lookie > 2020-08-14 10:10 | Report Abuse

Waiting for end aug announcement.

Posted by WenlinC > 2020-08-14 10:15 | Report Abuse

Lookie. What announcement on end Aug ?

Posted by Opulent > 2020-08-14 11:33 | Report Abuse

Kar-Ex?

Posted by Diving > 2020-08-14 13:30 | Report Abuse

Aiyo... Day day dropping 5% :'(
What announcement on end Aug?

Posted by member41 > 2020-08-14 14:56 | Report Abuse

I think they refer to QR which coming out end Aug

Posted by dompeilee > 2020-08-14 15:01 | Report Abuse

dompeilee Bought back some of the Karex I sold @ 1.20-1.21 for 72.5c
12/08/2020 9:40 AM

dompeilee Bought back even more Karex @ 64.5-65c
12/08/2020 10:42 AM

SOLD all my re-bought Karex @ 69.5c this morning...a slight contra gain.

Posted by Fattymin > 2020-08-14 16:16 | Report Abuse

i sold 1.19, waiting to buy back when 0.50

Posted by Opulent > 2020-08-14 16:27 | Report Abuse

Glove story over

Posted by KWB5423 > 2020-08-14 17:06 | Report Abuse

A domestic investment & securities company has decided to cancel Contra Trading on medical and glove stocks. Affected by the bad news, glove stocks plummeted, taking care of the top 10 decliners.

Posted by Opulent > 2020-08-14 18:24 | Report Abuse

Betu! ke?

Posted by dompeilee > 2020-08-15 10:05 | Report Abuse

As they say in French: C'est FINI..lol

Posted by Opulent > 2020-08-16 09:35 | Report Abuse

Their IPO price was 1.85. It's an opportunity to push up to that price.

Posted by apolloang > 2020-08-16 10:37 | Report Abuse

1.85 already given 3 times 1 for 2 bonus.now is 1=3.375. 1.85 divide by 3.375= 0.548 only so still above IPO price.now 3.375 is still 2.27 in actual price

Posted by Opulent > 2020-08-16 13:46 | Report Abuse

So if it is this price chances of a rebound a s there

Posted by Lookie > 2020-08-17 09:58 | Report Abuse

Up up away.....

Posted by WenlinC > 2020-08-17 10:03 | Report Abuse

KAREX announce to produce glove by this week ?

Posted by WenlinC > 2020-08-17 10:04 | Report Abuse

Will KAREX limit up today since going to announce produce glove ?

Posted by Tryingtogetrich > 2020-08-17 10:04 | Report Abuse

what is the rumour oh? why go up geh?

Posted by Shark88 > 2020-08-17 10:08 | Report Abuse

Rumour is they have a glove production line, and the director buying in at RM 1.1 AVG price last week.

Posted by Tryingtogetrich > 2020-08-17 10:32 | Report Abuse

hopefully its their superb result they r going to announce

Posted by Opulent > 2020-08-17 10:33 | Report Abuse

But glove counters are down

Posted by awesomeliddat > 2020-08-17 10:44 | Report Abuse

good sales during MCO period - good Q2!

Posted by Lookie > 2020-08-17 10:46 | Report Abuse

Maybe announce next week

Posted by WenlinC > 2020-08-17 10:47 | Report Abuse

I expect KAREX Limit Up today.

Posted by EatCoconutCanWin > 2020-08-17 10:54 | Report Abuse

small rebound to lure small fish.. later down trend.

Posted by Opulent > 2020-08-17 11:02 | Report Abuse

Agreed

Posted by Opulent > 2020-08-17 11:02 | Report Abuse

Take profit if can