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

linheng

1,373 posts

Posted by linheng > 2020-11-04 06:24 | Report Abuse

I feel its good time to go ALL in. Price had stabilized past few trading days and was up yesterday. Volume yesterday was bigger than previous 2 days. With yesterday's higher close and higher volume compared with the previous 2 days, there is little risk of price going down esp with Dow up 2.5%.

somchik

1,238 posts

Posted by somchik > 2020-11-04 07:39 | Report Abuse

Ting ting hopefully turbo booster get ignited today , kikiki volume must strike 30 M kikiki to get fired

somchik

1,238 posts

Posted by somchik > 2020-11-04 10:14 | Report Abuse

kikiki

intouch

111 posts

Posted by intouch > 2020-11-04 10:50 | Report Abuse

anyone can help answer this...since the hoohah abot windfall profit from gloves..does karex considered to be in gloves since their main revenue is from condom? :)

Fattymin

245 posts

Posted by Fattymin > 2020-11-04 11:01 | Report Abuse

in again,buy for long term

Posted by steadylahbro > 2020-11-04 17:40 | Report Abuse

@intouch nope, so far production has not started hence there's no actual revenue from it, however Karex most probably will be subjected to the windfall tax when it starts to register profits from the gloves in 3Q 2021

Posted by steadylahbro > 2020-11-04 17:40 | Report Abuse

if there is one ofc

somchik

1,238 posts

Posted by somchik > 2020-11-05 08:39 | Report Abuse

r u d get set go kikikiki

somchik

1,238 posts

Posted by somchik > 2020-11-05 08:57 | Report Abuse

tropong sini jangan melopong beli .. hehehe

somchik

1,238 posts

Posted by somchik > 2020-11-05 15:48 | Report Abuse

Kikiki

somchik

1,238 posts

Posted by somchik > 2020-11-05 16:01 | Report Abuse

Kikiki

somchik

1,238 posts

Posted by somchik > 2020-11-05 21:37 | Report Abuse

will see the third little gap up tomorrow ? well by looking at last minute buying bids hopefully the Force will still be there.. be there okay kikiki will it shoot beyond 85,, ,,,...L.. up. Gallop up and not kok up with karex kikiki

Fattymin

245 posts

Posted by Fattymin > 2020-11-06 15:24 | Report Abuse

gogogo karex

lalazai9

1,000 posts

Posted by lalazai9 > 2020-11-07 18:53 | Report Abuse

Gd news announced cmco again all stay at home make love, condom hot sale karex fly haha

Posted by flyingtomoon2020 > 2020-11-08 18:34 | Report Abuse

Karex gogogo

Posted by flyingtomoon2020 > 2020-11-08 18:34 |

Post removed.Why?

Whoisthis

437 posts

Posted by Whoisthis > 2020-11-09 20:17 | Report Abuse

Invisible glove ? Isn’t it karex’s turn this time!

Utradenow

108 posts

Posted by Utradenow > 2020-11-09 20:26 | Report Abuse

Has potential to move upwards

wong

78 posts

Posted by wong > 2020-11-10 11:55 | Report Abuse

Glove stocks down, not part of Pfizer vaccine party
KUALA LUMPUR (Nov 10): While the world is celebrating Pfizer’s overnight announcement of a viable Covid-19 vaccine candidate, rubber glove stocks may not be part of the party.

Glove counters top the loser list after the morning bell today.
As at 10.20am, shares in rubber glove counters were among the top losers on Bursa Malaysia. Hartalega Holdings Bhd slid by 8.54% or RM1.54 to RM16.60, making it the top value loser on Bursa, followed by Supermax Corp Bhd, down 75 sen or 7.79% to RM8.88.
In the third place was Kossan Rubber Industries Bhd, which released a strong set of quarterly earnings yesterday, dropping 63 sen or 8.27% to RM6.88, valuing it at RM17.59 billion.
Top Glove Corp Bhd took the fifth place, falling 54 sen or 6.37% to RM7.94.

The smaller players were not spared from the selling pressure. Comfort Gloves Bhd fell 31 sen or 6.97% to RM4.14, Careplus Group Bhd shed 27 sen or 7.8% to RM3.19, and Rubberex Corp (M) Bhd lost 16 sen or 6.45% to RM2.32.

The Healthcare Index was dragged down by the glove stocks, declining by 1.78% or 73.47 points to 4,048.89.
Still, while there was a selldown across the rubber glove stocks, shares in companies tapped by the government to bottle and distribute a potential Covid-19 vaccine were rising.

In a note this morning, AmInvestment Bank Research reiterated its view that the market will continue to shift to predominantly pandemic-themed plays to a recovery-focused theme in December.

“We have been advocating for investors to lighten their positions in the 'pandemic play', i.e. glove stocks, and replace them with the 'recovery play'.

“With the latest positive news coming in a rather abrupt manner, we expect volatility as investors of glove stocks rush to the exit at the same time. The two FBM KLCI-weighted glove stocks, i.e. Top Glove and Hartalega, command a combined weighting of 13% to 14%,” AmInvestment Bank wrote in the strategy note.

Having downgraded the glove sector to "neutral" on Aug 25, 2020 from "overweight" on positive news of a vaccine, AmInvestment Bank was putting fair values (FVs) for glove stocks under its coverage under review with negative bias.
Still, it expects gains linked to recovery plays to be significantly offset by losses seen in pandemic plays, resulting in it maintaining its end-2020 KLCI target of 1,530 points despite the overwhelming good news.
To recap, Pfizer and its German partner BioNTech announced last night that their experimental Covid-19 vaccine was more than 90% effective with no serious safety concerns based on initial trial results, estimating that they can roll out up to 50 million doses this year for 25 million people and produce 1.3 billion doses in 2021.

Burdoc

477 posts

Posted by Burdoc > 2020-11-13 07:17 | Report Abuse

Good or bad news?

somchik

1,238 posts

Posted by somchik > 2020-11-13 07:47 | Report Abuse

Good lor, covid or no covid life must go on , where there is life sure enough sex come with it , karex will give a good help kikiki

somchik

1,238 posts

Posted by somchik > 2020-11-13 07:49 | Report Abuse

Wow karex can swallow US company ..

Whoisthis

437 posts

Posted by Whoisthis > 2020-11-13 08:11 | Report Abuse

Global Adult Stores Market Demand to Increase with Rising COVID-19 Infections

https://www.bloomberg.com/press-releases/2020-11-11/global-adult-stores-market-demand-to-increase-with-rising-covid-19-infections-technavio

somchik

1,238 posts

Posted by somchik > 2020-11-13 08:24 | Report Abuse

Order online , no one knows...will see the qter report soon ,

up2_sky

86 posts

Posted by up2_sky > 2020-11-13 09:20 | Report Abuse

go go go

Posted by hope4best178 > 2020-11-13 10:21 | Report Abuse

i believe the coming QR will be superb

Burdoc

477 posts

Posted by Burdoc > 2020-11-13 10:46 | Report Abuse

When QR releases?

Burdoc

477 posts

Posted by Burdoc > 2020-11-13 10:46 | Report Abuse

Seems like karex not impact much on vaccine news. Good...

VTrade

2,434 posts

Posted by VTrade > 2020-11-13 12:40 | Report Abuse

Now still can buy bo?

somchik

1,238 posts

Posted by somchik > 2020-11-13 13:54 | Report Abuse

Right on target crossed the eighty five barrier. Kikik. By nx year dont mumble yeah yeah should hv entered below 75 and then should hv entered b4 85 kikiki ... nato kaki .. no action talk only He he

TigerWoods

665 posts

Posted by TigerWoods > 2020-11-13 17:03 | Report Abuse

Waah .... up 10% condom is the best

Miche87

156 posts

Posted by Miche87 > 2020-11-13 19:22 | Report Abuse

Monday continue fly

somchik

1,238 posts

Posted by somchik > 2020-11-13 20:41 | Report Abuse

Vol strike 30M kikiki .. Monday turbo booster will get ignited. Kikiki

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:19 | Report Abuse

Waah!!!

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:19 | Report Abuse

Up 8.5 sen today!!!

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:20 | Report Abuse

Up 10.9% today!!!

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:20 | Report Abuse

Wow, man!!!

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:20 | Report Abuse

Crikey!!!

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:20 | Report Abuse

Awesome

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:20 | Report Abuse

Superb

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:21 | Report Abuse

Splendid

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:21 | Report Abuse

Amazing

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:21 | Report Abuse

Fantastic

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:21 | Report Abuse

Amazing

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:21 | Report Abuse

Marvellous

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:22 | Report Abuse

Very good

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:22 | Report Abuse

Excellent

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2020-11-13 21:22 | Report Abuse

Well done

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