Not just that @DChosen2, many were assuming that a vaccine will be out by Oct hence the fall of demand for gloves during the August goreng, but it seems it will only be available to the public by early 2021 at the earliest even for the Chinese vaccine
Karex supplies condoms to brands such as Durex, but it also sells condoms directly to customers through its own brands such as Carex. In addition to the consumer market, the company sells condoms in bulk to groups like the United Nations and the World Health Organization for use in the prevention of the spread of HIV. Source Wikipedia
Mah Sing annouced and within a day, terus rocket up. Karex ar.....wait, wait, wait.......now only lift off. But Karex sounds like have more experience on rubber mat'l than Mah Sing, mind boggling
History repeat again Two or three mths ago. Karex suddenly up like crazy within one day. Ppl kejar one die , stay in high-rise . Today same. Ppl kejar just now. Die. need to cut loss later
140m ... 70m to go up ..70m to go down.... trading is fun kikiki,, money dropping from the sky even though stay at home kikiki,, tomorrow is another day ....hehehe
karex price will come back to year 2013 ipo RM 1.85 per share ==world's largest condom maker (benefit from Condom Asp up up up) ==director keep buying share in open market ==Set up new business (manufacturing and sale of glove) ==operation cost cutting all the thing at the right way now ....waiting Karex"s operator to do some
Last quarter (march to june) , most of the time karex only has 50% staff workforce operating in production line, yet still manage to report some net profit.
Following quarter, i predict the PAT will surge, attributed to staff workforce resume to 100% on RMCO , higher ASP(shortage of condom) and lower social compliance cost (labour issue that has been settled on Q3 2020).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Utradenow
108 posts
Posted by Utradenow > 2020-10-20 10:55 | Report Abuse
Dun think will go below. 90