Posted by wallstreetrookie > 2022-05-07 20:36 | Report Abuse

Buy the rumour, Karex Berhad

Posted by The_JQuestion > 2022-05-07 21:25 | Report Abuse

hmm interesting topic money stuck in some stocks tho cant goreng HEHE

Posted by The_JQuestion > 2022-05-10 13:46 | Report Abuse

haiyo mcm glove counter suda dont touch

Posted by wallstreetrookie > 2022-05-12 05:37 | Report Abuse

In a defeat that was all but inevitable, Senate Democrats failed to advance legislation intended to protect abortion access nationwide even if the Supreme Court overturns Roe v. Wade.
NYT

Posted by wallstreetrookie > 2022-05-29 21:33 | Report Abuse

Karex Berhad raised to Overweight
With a long term price target of RM0.80

Posted by wallstreetrookie > 2022-05-29 21:34 | Report Abuse

Karex Berhads: Stocks to Watch in 2023

Posted by wallstreetrookie > 2022-06-24 23:24 | Report Abuse

Supreme Court Overturns Roe v. Wade Abortion-Rights Ruling

Posted by wallstreetrookie > 2022-06-24 23:24 | Report Abuse

No more abortion: US Condon Sales will go up.
Karex Upgraded to Overweight

Posted by stevenckheng > 2022-06-25 00:22 | Report Abuse

dont for got male and female contraception pils

Posted by wallstreetrookie > 2022-06-26 11:32 | Report Abuse

Durex, Karex sales will go up

Posted by wallstreetrookie > 2022-06-26 11:43 | Report Abuse

I’m buying Karex, Malaysian fund managers are dumb enough to realise that condom sales will skyrocket

Posted by wallstreetrookie > 2022-06-26 11:43 | Report Abuse

Contraception pills are unhealthy and will damage your body, condoms are disposable

Posted by eklim65 > 2022-06-27 14:49 | Report Abuse

https://www.sinchew.com.my/20220627/%e7%96%ab%e6%83%85%e6%9c%9f%e9%97%b4-%e4%b8%ad%e9%80%be4%e4%b8%87%e9%81%bf%e5%ad%95%e5%a5%97%e5%8e%82%e5%80%92%e9%97%ad/

Posted by wallstreetrookie > 2022-07-02 23:19 | Report Abuse

@eklim65 Useless news. Female contraception is not an option, condom sales will rebound

Posted by wallstreetrookie > 2022-07-02 23:19 | Report Abuse

Sell-side analysts spreading negative news again. For F sake

Posted by jamestecs > 2022-10-06 17:40 | Report Abuse

Inflation going higher and higher, more people wanna birth control.

Posted by Killsthebear > 2022-11-07 16:19 | Report Abuse

hmm...

Posted by TreeTopView > 2022-11-07 17:04 | Report Abuse

The technicals on Karex have been interesting for about a month but I've never been brave enough to do anything about it and buy any. Now today it's up over 13% on 10 million volume.....grrrrrrrr.

Any rumours?

Posted by wallstreetrookie > 2022-11-07 20:40 | Report Abuse

US banned abortion, this means global condom sales went up significantly = $$$ for Karex

Posted by Vhydro > 2022-11-07 21:13 | Report Abuse

bad news rumour?

Posted by wallstreetrookie > 2022-11-08 09:20 | Report Abuse

Someone is trading on insider info

Posted by wallstreetrookie > 2022-11-08 09:20 | Report Abuse

Highly illegal activity going on. I saw a post on Facebook, someone bought Karex when it spiked and promoting the stock in a private Telegram group

Posted by wallstreetrookie > 2022-11-08 09:21 | Report Abuse

I can kinda guess who the person behind the Facebook account is working at. Again, it is not my job to report.

Posted by TreeTopView > 2022-11-08 09:32 | Report Abuse

I was thinking last night about what plans Karex could be coming up with to nove the price up, as we have seen recently. The obvious one that came to mind was to increase the price of condoms they manufacture for the major companies like Durex, although they haven't done that during the rising input prices over the last 2 years.

The other option was something they suggested about a year or so ago, where they start producing and marketing their own brand of condoms for the global market.

Apart from that, I've got nothing..........unless it's merely what they mentioned a few weeks ago about their Thailand glove manufacturing plant getting closer to coming online.

I missed the boat, so I'll sit this one out for now.

Posted by wallstreetrookie > 2022-11-08 10:05 | Report Abuse

I already bought a long time ago haha

Posted by wallstreetrookie > 2022-11-08 10:05 | Report Abuse

When the US overturned abortion laws. Roe v Wade

Posted by wallstreetrookie > 2022-11-08 10:06 | Report Abuse

@Vhydro someone is trading on insider news. Good news not bad news

Posted by wallstreetrookie > 2022-11-08 10:13 | Report Abuse

It is time to buy more. Strong buy

Posted by wallstreetrookie > 2022-11-08 10:15 | Report Abuse

Just let it go up.

Posted by wallstreetrookie > 2022-11-08 10:28 | Report Abuse

Bring us to the moon, CGS-CIMB prop traders

Posted by wallstreetrookie > 2022-11-08 11:19 | Report Abuse

Historical high revenue, release the quarterly result early

Posted by wallstreetrookie > 2022-11-08 11:21 | Report Abuse

I think Karex will report the highest ever profits because millions of Americans can no longer opt for abortion. Contraception pills are not safe. Therefore, Karex, being the largest condom maker in the world, will be the world's largest benefactor.

I am extremely bullish. My price target is actually RM0.80. Not kidding

Posted by TreeTopView > 2022-11-08 12:26 | Report Abuse

You think Karex will deliver "the highest ever profits" in the upcoming quarterly?

You're dreaming, wsr.

They are struggling to even turn a profit, as input costs have risen so much over the past 2 years. There might be an eventual recovery for them but to say they will be delivering highest ever profits is way over the top.
Let's see what they can deliver over the next 3, 6 and 12 months to see if they are able to get out of this loss making position.

Posted by wallstreetrookie > 2022-11-08 13:09 | Report Abuse

Well, you are just looking at the 1-day price action. Karex will hit RM0.80 in no time

Posted by wallstreetrookie > 2022-11-08 13:10 | Report Abuse

See, I told you it's CGS-CIMB.
The Edge: CGS-CIMB lifts Karex’s target price by 80%, expects condom maker to return to black in FY2023

Posted by wallstreetrookie > 2022-11-08 13:12 | Report Abuse

Yes, I expect highest ever profits within the next 6 months, barring labour shortage issues. Malaysia is bringing in a lot of foreign workers. Labour issues will be resolved soon, input costs will come down significantly. So I am fairly optimistic

Posted by wallstreetrookie > 2022-11-08 13:14 | Report Abuse

Karex management literally told us that the company expects to see condom demand surpassing pre-pandemic levels. You go and meet the CEO and ask him yourself. He will tell you that condom sales are absolutely flying right now after the Roe v Wade US Supreme Court decision. Not to mention the fact that countries all over the world are pushing greater awareness towards sexual education. Condom sales is expected to grow at more than 7% CAGR

Posted by wallstreetrookie > 2022-11-08 13:20 | Report Abuse

Mordor Intelligence:
1. Condom market is poised to grow at CAGR of 8.2% by 2027.

2. 1 in every 5 condoms is produced by Karex Berhad. Competitors including Reckitt and Humanwell are not gaining much market share after long period of consolidation.

3. The rise in the adoption rates of contraceptive products among consumers across the world is boosting the demand for condoms. Moreover, growing awareness through government initiatives, along with comprehensive sex education programs to reduce the prevalence of sexually transmitted diseases, is driving the market growth across the world.
Apart from sex education and prevention against STDs, the introduction of innovative condom designs, coupled with innovative packaging style, increased marketing, and promotional activities, are some of the major factors boosting the market growth further.

Posted by TreeTopView > 2022-11-08 14:17 | Report Abuse

With respect, "returning to the black in FY 2023" is not what you suggested when you stated that it was about to deliver it's highest ever profits in the quarterly.

I actually hope it can start delivering profits, as it baffles me how a company that has the highest sales by volume globally can't turn a profit for their products.

Posted by wallstreetrookie > 2022-11-09 14:57 | Report Abuse

Add again

Posted by wallstreetrookie > 2022-11-09 14:58 | Report Abuse

Quarterly result coming out early.

Posted by Vhydro > 2022-11-09 15:21 | Report Abuse

Maybe have to run before QR out

Posted by cheeseburger > 2022-11-09 18:47 | Report Abuse

when someone is promoting the stock so hard, be careful on biasness as he owned a small portion as he speak.

Posted by cheeseburger > 2022-11-09 21:54 | Report Abuse

this stock will not turn into black so soon. Just nasi goreng for the moment.

Posted by amateurJR > 2022-11-10 10:59 | Report Abuse

Karex wont register outstanding profit. Just speculation

Posted by wallstreetrookie > 2022-11-10 14:20 | Report Abuse

@cheeseburger I own every stock that I mention. So I have vested interest in every stock. Karex will report highest ever profits within 6 months

Posted by wallstreetrookie > 2022-11-10 14:21 | Report Abuse

It is no secret that I speak with bias. I invest in companies that I love and own. If I hate a company and don't own shares, I won't talk about it.

Posted by wallstreetrookie > 2022-11-10 14:23 | Report Abuse

My price target is RM0.60 by year end and RM0.80 by 2Q 23

Posted by TreeTopView > 2022-11-10 14:55 | Report Abuse

wsr, you stated....."Karex will report highest ever profits within 6 months".

OK, let's run with that thought. You are expecting by the end of Q2 2023 that Karex will report a quarterly profit in excess of Rm22 million?

I will follow your statement and recommendation closely to see how it pans out.

Personally, I think you are dreaming, however I wish you well.

Posted by TreeTopView > 2022-11-10 15:04 | Report Abuse

Perhaps Karex have a new marketing strategy that we are unaware of yet.

Instead of wasting their time manufacturing the strawberry, peach and orange flavoured condoms, they may have changed strategy and are about to launch a Bah Kuh Teh flavour for the mainland Chinese market and a chicken curry flavour for India.

That might work :)

Have a good day.