Posted by Income > 2023-02-05 13:53 | Report Abuse

Mustang AhMoing often and causing his legs no power to push the brake. Wow!!!


https://www.facebook.com/reel/529504299158761?mibextid=0NULKw&fs=e&s=TIeQ9V

Posted by Income > 2023-02-07 16:46 | Report Abuse

Mustang,
U low grade comment!
pass
next please

Posted by Income > 2023-02-08 14:23 | Report Abuse

Harimau dah pergi

Posted by Michael Kwok > 2023-02-08 16:16 | Report Abuse

Sell call karex 80-83 cents
Tp 60 cents range
8/2/23 4.16pm

Posted by Income > 2023-02-08 16:42 | Report Abuse

People using Karex only during good economic times. Haha.
During recession, people focus on looking for opportunities to make money lah. Haha

Posted by Income > 2023-02-08 16:43 | Report Abuse

Maybe you are right.
Let’s see.

Posted by Michael Kwok > 25 minutes ago | Report Abuse

Sell call karex 80-83 cents
Tp 60 cents range
8/2/23 4.16pm

Posted by Income > 2023-02-09 20:05 | Report Abuse

Low quality comment,
Skip
Next please

Posted by xiaoGinna6969 > 2023-02-14 12:33 | Report Abuse

Happy v day!

Posted by ctooi51 > 2023-02-28 14:38 | Report Abuse

Alamak..

Posted by ctooi51 > 2023-03-02 16:07 | Report Abuse

Alamak poor quality.. Kondom hancur... Leak.

Posted by wallstreetrookieNEW > 2023-03-10 22:15 | Report Abuse

hopefully Walter AW received his performance bonus.

sold 50%. still holding the rest

Posted by wallstreetrookieNEW > 2023-03-10 22:15 | Report Abuse

I still think Karex is on the right track for recovery

Posted by GalGadot > 2023-03-27 13:00 | Report Abuse

Condom bocor..

Posted by Income > 2023-03-27 16:04 | Report Abuse

No pizza.

Posted by Income > 2023-03-27 19:27 | Report Abuse

No free condoms lah

Posted by ctooi51 > 2023-03-28 09:32 | Report Abuse

Instead of Karex giving free condom the loser is suppling free comdom instead to the winner.. Aiyoh

Posted by wallstreetrookieNEW > 2023-04-15 21:28 | Report Abuse

Key personnels at CGS-CIMB left original firm to join CIMB's new stockbroking arm. This includes Ivy Ng head of research as well as our good friend Walter Aw

Posted by wallstreetrookieNEW > 2023-04-15 21:31 | Report Abuse

I heard that some analysts at KAF Investment Bank got cut. As expected, too many deadweights on their team

Posted by churrosnight > 2023-04-26 14:46 | Report Abuse

Karex slow like turtle, need wait until my neck long long

Posted by Stocker > 2023-05-12 16:41 | Report Abuse

wow ～

Posted by musso77 > 2023-05-17 15:39 | Report Abuse

why the price keep going down?

Posted by Stocker > 2023-05-23 15:12 | Report Abuse

Wow lai liao

Posted by micheal42 > 2023-05-23 15:59 | Report Abuse

Its time

Posted by Stocker > 2023-05-23 16:19 | Report Abuse

Gogogo

Posted by Stocker > 2023-05-24 09:21 | Report Abuse

Wow 0.68

Posted by s466466 > 2023-05-24 09:21 | Report Abuse

tp?

Posted by GalGadot > 2023-05-24 12:59 | Report Abuse

no momentum...hahaha

Posted by churrosnight > 2023-06-16 14:29 | Report Abuse

Top up some first

Posted by churrosnight > 2023-06-27 16:51 | Report Abuse

Wait for momentum...

Posted by churrosnight > 2023-07-04 15:57 | Report Abuse

Collect first, it will come later ...

Posted by jamestecs > 2023-08-01 15:44 | Report Abuse

When it drop more, got to get more. Now is fair price.

Posted by Virgin_Share > 2023-08-28 10:51 | Report Abuse

luckily collected last week at 0.51

Posted by punpipi > 2023-09-14 14:26 | Report Abuse

Not bad, very confident continue eject to the moon.

Posted by cheoky > 2023-09-19 23:17 | Report Abuse

i seldom use condom. for this time, i make an exception for karex. hope to get bountiful free condom to use with trial subjects.

Posted by ChloeTai > 2023-11-15 15:54 | Report Abuse

KAREX, 5247, Main Board Consumer Stock

The stock retreated from a high of 86 cents in February 2023, but the decline appears to be over as the stock has rebounded from the 61.8% Fibonacci retracement level. Both the Strength and Weakness Index (RSI) and the Average Divergence Index (MACD) show strong upward momentum.
In my opinion, stronger top-line growth will be a near-term positive for Recreation & Leisure Company, which closes its accounts on June 30 every year, has been facing net losses between the third quarter of fiscal year 2021 and the fourth quarter of fiscal year 2022. However, the company successfully turned a profit in the first quarter of fiscal year 2023.

Revenue for FY2023 was RM532.1 million, an increase of 26.2% compared to FY2022. The increase in revenue was mainly due to increased sales of condoms and lubricants, especially in Asia and the America.

The easing of global logistics disruptions and stabilization of raw material prices will also help improve Karex's profitability during this period. As a result, core net profit increased to RM15.4 million in FY2023 (net loss of RM3.9 million in FY2022).

However, what is surprising is that after the company announced its fourth-quarter results, it announced an interim dividend of 0.5 cents per share (accounting for 50% of net profit per share). This sudden surprise exceeded market expectations.

We understand that from 2020 to mid-2022, the global condom market experienced a difficult period of sharp decline in sales.

Sales of major players in the condom industry have experienced double-digit declines in the past two years. This situation is mainly related to the impact of the COVID-19 pandemic, with lockdown measures limiting human interaction and affecting condom use.

However, according to recent reports in Chinese media, condom products have experienced strong consumer demand this year, especially from online platforms, as coronavirus pandemic controls are eased and social and economic activities gradually return to normal.

The company has also launched a new condom product and is currently seeking approval from the U.S. Food and Drug Administration (FDA). The new condom product uses a thin film plastic material, resulting in better temperature and a more realistic feel.

This improvement is expected to encourage people to switch to this new product. It is worth mentioning that the profit margin of this new product is significantly higher. You can study Condom 001.

On the other hand, raw material (natural rubber and latex) and freight prices continued to return to their original levels after the epidemic eased, and increased the company's profits.

Karex is exposed to foreign currency risk in sales and purchases involving U.S. dollars. The appreciation of the US dollar against the ringgit will have a positive overall impact on its revenue.

According to my estimation, every 10% appreciation of the US dollar against the ringgit may increase the company's net profit margin by a single-digit percentage. However, this does not take into account the company's foreign exchange hedges, which may mitigate the impact of currencies on its financial position. However, dollar loans used to support overseas operations may offset this effect to some extent.

Karex is a Malaysian condom manufacturing and sales company that also provides personal lubricants, sex toys, catheters, probe covers, HIV and pregnancy test kits, and other medical-related products.

The company operates in Africa, Asia, the America and Europe. It serves brand owners, governments, NGOs and retail buyers.

Conclusion:

Karex's net profit growth has been boosted by a surge in demand for condoms as pandemic restrictions ease and socioeconomic activities return to normal. Stable production costs have increased net profit margins.

Karex shares appear to have stopped falling, with strong technical indicators showing signs of recovery. If its stock price breaks out of the cloud resistance, it could be on track for a significant move higher.

The stock's recent decline may simply be because funds are waiting for FDA approval of new condoms. Once it gets FDA approval, this condom stock is expected to hit a new high.

Regardless, freight costs, soaring latex prices, and a sharp decline in condom sales are potential risks that could curb Karex's profits.

Posted by ChloeTai > 2023-11-15 18:26 | Report Abuse

https://www.nst.com.my/business/2023/01/867339/karex-benefit-strong-condoms-demand-growing-tailwinds-favourable-environment
CGS-CIMB Research raised its FY23-FY25 to account for higher ASPs, better production output, and margin expansion from lower input costs.

The research firm reiterates an 'Add' call for Karex with a target price raised to RM0.96.

Posted by ChloeTai > 2023-11-15 18:51 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/11/09/glove-sector-on-the-mend
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7153
Kossan returns to be profitable after Hartalega did so.

Posted by Vhydro > 2023-11-15 21:56 | Report Abuse

ChloeTai, you got support Karex by buying condom to use onot?

Posted by ChloeTai > 2023-11-17 10:34 | Report Abuse

KAREX (KAREX, 5247, main board consumer stock) closed at 67 sen on 16 November 2023

The daily chart trend of Karex may show a rebound trend, and it may moves upward towards the target price of 72 sen.

We are now waiting for its 1st results, on the day where its AGM is held, on 27 November 2023.

Posted by ChloeTai > 2023-11-20 18:02 | Report Abuse

Today 20 Nov 2023, one whole day of red (-0.01) at RM0.695 due to overbought position.

Posted by xiaoeh > 2023-11-20 18:10 | Report Abuse

Why Karex so strong ha? From $0.565shoot up to$0.650 within 2 weeks time?
Any news?

Posted by ChloeTai > 2023-11-20 18:47 | Report Abuse

@xiaoeh, all glove counters are turning around. From negative earnings to positive earnings. Karex is following the gloves stocks. The 1st quarter results will be released next Monday. Expected target price is RM0.72.

Posted by xiaoeh > 2023-11-20 19:25 | Report Abuse

Oic...
Thanks Chloe

Posted by ChloeTai > 2023-11-21 17:04 | Report Abuse

Still manage to turn from -0.005 to +0.010 and closed at RM0.705. The AGM and 1st quarter results are on next Monday (27 Nov 2023). The target price still maintains at RM0.72.

Posted by ChloeTai > 2023-11-21 17:08 | Report Abuse

By the end of the first half of the financial year 2024 (28 Feb 2024), the FDA (Food and Drug Administration) of US should have approved the new 001 condoms to be exported to US. The price of Karex will move north.

Posted by ChloeTai > 2023-11-22 19:13 | Report Abuse

Sold all at RM0.690 and RM0.685. Got to follow the bears. I shifted to poultry counter LHI (Lay Hong International).

Posted by xiaoeh > 2023-11-22 22:09 | Report Abuse

Good exit point in technical term Chloe.
Lay Hong Bhd bro.

Posted by Tryingtogetrich > 2023-11-24 15:38 | Report Abuse

001 condoms are by karex? I thought there are by Okamoto. One condom released a Graphene condom 1 month ago is US

Posted by ChloeTai > 2023-11-24 18:59 | Report Abuse

Very good 1st quarter results. Next Monday should rebound with high volume.

Posted by Ayong21 > 2023-11-24 23:43 | Report Abuse

Don't forget to go supermarket to buy couple more to support.