KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.90

Today's Change

-0.005 (0.55%)

Day's Change

0.885 - 0.90

Trading Volume

313,500


32 people like this.

11,896 comment(s). Last comment by fruitcake 5 days ago

xiaoeh

2,747 posts

Posted by xiaoeh > 2023-11-27 21:36 | Report Abuse

Posted by xiaoeh > 4 days ago | Report Abuse
Good exit point in technical term Chloe.

Walao...
my technical got a lot of rooms to improve

cheoky

2,823 posts

Posted by cheoky > 2023-12-03 22:13 | Report Abuse

won big tender?

Posted by GalGadot > 2024-01-03 17:18 | Report Abuse

Dropped again....hahaaa

Posted by TiffanixLVxHermes > 2024-01-19 12:31 | Report Abuse

in my watchlist
still expensive to accumulate
waiting @ 0.60-0.65 :)

ocbc

1,171 posts

Posted by ocbc > 2024-01-29 10:49 | Report Abuse

Bought it , AGM got free gift

speakup

27,057 posts

Posted by speakup > 2024-01-29 12:43 | Report Abuse

Condom lah

speakup

27,057 posts

Posted by speakup > 2024-01-29 12:44 | Report Abuse

Young man young woman like Karex bcoz can get free condom at AGM

ocbc

1,171 posts

Posted by ocbc > 2024-01-29 13:31 | Report Abuse

😆

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-02 16:02 | Report Abuse

I went in today (2 Feb 2024). There is nothing much that I could do now. Just wait until end of February to see whether its quarter results is good enough or not. Bears are in full control now.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-02 16:18 | Report Abuse

From a sleepy counter, become an active counter. Don't know what to expect.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-02 16:55 | Report Abuse

Went down to as low as RM0.76, can manipulate to close at RM0.78.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-03 20:48 | Report Abuse

The long tail below the body is indicative of sellers trying to push the price down by a significant amount but the buyers manage to push it back up. The buyers do this to show a definitive buying strength which will lead to an increase in price, going forward.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-05 11:58 | Report Abuse

Kenanga's target price suddenly change from RM0.78 to RM1.00.

speakup

27,057 posts

Posted by speakup > 2024-02-05 21:22 | Report Abuse

Karex biz improve? More ppl f-a-r-k-i-n-g?

Posted by TiffanixLVxHermes > 2024-02-06 15:24 | Report Abuse

wasted
look for cheap now even more expensive
good stuff won't get cheap
it happened many times 😂

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-13 18:23 | Report Abuse

KAREX is riding on the strong growth in the condom industry, focusing on high-margin products which will take its profitability to a higher level. It is penetrating high-growth markets with premium offerings backed by innovation and strict compliance with international standards. We project its earnings to double in FY24, followed by another 88% surge in FY25. We initial coverage on KAREX with an OUTPERFORM rating and a TP of RM1.00.

Kenanga Research

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-14 14:36 | Report Abuse

Read and listen to the words from Karex CEO. "Karex pivots beyond latex condoms". Results have been better quarter over quarter for 5 consecutive quarters. He said 26 Feb 2024 will also be better than the previous quarter. New products are lubricant and gloves.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-14 14:37 | Report Abuse

The blog is at above.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-14 15:27 | Report Abuse

Please understand that RM0.87 at this moment is not Karex all time high. Its all time high was RM3.10 on 11.3.2016. It is unlike Sunway, MBMR, HUMEIND, etc.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-24 00:28 | Report Abuse

Still thinking very hard whether or not I should bet on Karex next Monday, with its 2nd quarter results after 5 pm. Now 0.835 and the highest 0.87.

ChloeTai

1,452 posts

Posted by ChloeTai > 2024-02-26 17:26 | Report Abuse

Very, very good 2nd quarter results:

PAT 2nd quarter FY 2024: RM7,324 mil [compared to PAT 2nd quarter FY2023: RM2,025 million, which is an increased of 262% YoY]

PAT 2nd quarter FY 2024: RM7,324 mil [compared to PAT 1st quarter FY2024: RM5,256 million, which is an increased of 39% QoQ]

Hopefully, the operator will help to break the 52-week ATH of RM0.87, starting 27 Feb 2024

cheoky

2,823 posts

Posted by cheoky > 2024-02-26 22:11 | Report Abuse

buy one nasi lemak flavor condom and use tonight. support local manufacturer

Posted by wallstreetrookieNEW > 2024-02-28 19:25 | Report Abuse

The heyday of being the sole and top condom manufacturer in Malaysia is over for Karex Bhd. I used to own a significant number of Karex shares, but it saddens me that the management has failed to turn the company around even after many years. I don't believe Karex will recover to its previous highs

Posted by wallstreetrookieNEW > 2024-02-28 19:34 | Report Abuse

Agree with Kenanga's analyst with regards to the emphasis on improving margins by the company. However, the focus on premium products is not really feasible cause condom users do not place much importance on the actual quality of the products compared to other consumer staples.
There is no way for the company to bring the sales volume/total sales back to 2016 levels because the competition within the condom market is surging. Despite the recent introduction of abortion laws in the US, there isn't any significant uptick in sales for the US market which is a bit disappointing.

However, there still remains a few tailwinds for the condom market and near-term catalysts for Karex. Such as weaker Ringgit, and the stabilisation of raw material/labour cost. And the diversification/venture into gloves and lubricant products, on top of the company's healthy balance sheet.

My mid-term PT is about RM0.90

Diving

14 posts

Posted by Diving > 2024-02-29 00:08 | Report Abuse

不管怎样看都觉得股价会升

可是怎么就是一直升不上去?
跌跌不休?

Posted by investor2011 > 2024-03-06 07:28 | Report Abuse

@Diving 现在生活压力大,环境污染-想生都生不出,还要用套套?

pang72

51,576 posts

Posted by pang72 > 2024-03-28 15:16 | Report Abuse

Consolidation shall finished..
$1.06 kenanga target coming..
KAREX is the largest condom Mfg in the world..
It need to reflect its strength but not below $1 penny world class

pang72

51,576 posts

Posted by pang72 > 2024-03-29 16:49 | Report Abuse

Steady condom

pang72

51,576 posts

Posted by pang72 > 2024-03-29 16:50 | Report Abuse

Everyone need you every night mah...
How can you so cheap

pang72

51,576 posts

Posted by pang72 > 2024-04-03 17:52 | Report Abuse

Yes! Uptrend continue

pang72

51,576 posts

Posted by pang72 > 2024-04-04 14:52 | Report Abuse

Lailiao huuu

pang72

51,576 posts

Posted by pang72 > 2024-04-04 14:52 | Report Abuse

84.5c wei

pang72

51,576 posts

Posted by pang72 > 2024-04-05 17:51 | Report Abuse

87c liao... Wei...

s466466

1,171 posts

Posted by s466466 > 2024-04-08 09:37 | Report Abuse

90c....

Posted by Bernice Yap > 2024-04-09 11:34 | Report Abuse

1 days show

Posted by mamakspecial > 2024-04-15 15:31 | Report Abuse

s#x wont stop..but making baby is stopping around the world...lol..

Posted by ChekHupCoffee > 2024-05-15 19:10 | Report Abuse

US tariff China condom?

kritikos

58 posts

Posted by kritikos > 2024-05-30 14:07 | Report Abuse

this stock.. if you look at recent times, low 80+ sen has been a good support level. then slowly inch up closer to results... post result, come back down. cycle repeats.
granted, the results so far has showed major turnaround already .. and the next rerating catalyst will come from the company saying it started mass production for its new product.. and selling big time to the big brand. then.. got chance to see RM1. wait and see ba.

abc333

1,537 posts

Posted by abc333 > 2024-07-04 19:48 | Report Abuse

macam kambing

kritikos

58 posts

Posted by kritikos > 2024-07-26 10:26 | Report Abuse

Good support level is here again….

Posted by stockjobBB > 2024-07-29 17:22 | Report Abuse

Karex my darling....

speakup

27,057 posts

Posted by speakup > 2024-07-29 18:48 | Report Abuse

If u like.to F*ck, this counter is for u

Posted by berbolabiru > 2024-08-27 09:43 | Report Abuse

results so good but share price wont move, something wrong

fruitcake

883 posts

Posted by fruitcake > 5 days ago | Report Abuse

Another prick in the rubber.... 🎵We don't need no s.e.x education🎵

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