Posted by Johny Khong > 2014-09-22 17:48 | Report Abuse

Karex is proposing a 2.5 cts final dividend for FY ended 30 Jun 2014. At least, smtg to look fwd to.

Posted by member41 > 2014-09-22 18:06 | Report Abuse

Yahoo... finally... not much but is positive.

Posted by Johny Khong > 2014-09-22 18:32 | Report Abuse

m41, it's pretty good for me already. Being d maiden div payout by Karex, tht's very encouraging comparing w many others out there. I'm sure there w b many more goodies in store for all loyal shareholders in d near future.

Posted by Johny Khong > 2014-09-22 18:35 | Report Abuse

In fact, it's actually 3.75 cents per ordinary share before bonus.

Posted by member41 > 2014-09-22 19:21 | Report Abuse

Johnny I am guessing we may get 7c For upcoming full
Yr if ard 2.5% yield. Just conservative estimate.

Posted by Johny Khong > 2014-09-22 21:17 | Report Abuse

Yep, better returns than FDs. Better still, there are many potentials for greater capital appreciation in future.

Posted by Equityengineer > 2014-09-23 17:45 | Report Abuse

The Board of Directors of Karex Berhad ("the Company") is pleased to announce that the Company intends to seek the approval from its shareholders for Proposed Final Single-Tier Dividend of 2.5 sen per ordinary share of RM0.25 each in respect of the financial year ended 30 June 2014 at the forthcoming Annual General Meeting of the Company.

The dividend entitlement and payment dates will be announced in due course.

This announcement is dated 22 September 2014.

Posted by POORDAD > 2014-09-23 21:54 | Report Abuse

how to kira the dividend per share again?

Posted by lulhunter > 2014-09-24 09:14 | Report Abuse

2.5 cents for each share. So if you got 1000 shares, you get RM 25.

Posted by lulhunter > 2014-09-24 09:19 | Report Abuse

@member41, This dividend is in yearly terms. I wonder how you get 7cents.

Posted by Equityengineer > 2014-09-24 09:51 | Report Abuse

I think he was mentioning estimate base on the dividend yield and if Karex continuously paying dividend for full calender year . Anyway hope we can enjoy our dividend for now and the price will touch above 3.20 by end of year.

Posted by 4646 > 2014-09-24 10:10 | Report Abuse

when given dividend?

Posted by 4646 > 2014-09-24 10:11 | Report Abuse

no more free 1 bonus issue?

Posted by lulhunter > 2014-09-24 15:37 | Report Abuse

@equityengineer Based on the dividend policy, it is given once every financial year. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1632521
@4646 they just announced about dividend. Bonus issue was done few months back.

Posted by Cweed > 2014-09-24 17:11 | Report Abuse

;)

Posted by lulhunter > 2014-09-24 19:40 | Report Abuse

Next time I'll just keep quiet. Once I say dividend paid yearly, terus jatuh...

Posted by member41 > 2014-09-24 20:31 | Report Abuse

Yeah I'm just estimating full year div based on 2.5% yield. V slow counter so just waiting.

Posted by Ant > 2014-09-24 20:59 | Report Abuse

Aiyo... pontian kilang still not yet appointed contractor....
They want to build envinomen friendly factory... first in malaysia.
My friend said want.

Posted by Ant > 2014-09-24 21:01 | Report Abuse

Seriously.. i kind like this ideal

Posted by Ant > 2014-09-24 21:02 | Report Abuse

Tp 5.0 end of 2015

Posted by POORDAD > 2014-09-25 15:42 | Report Abuse

TP 3.5 by eod 2014?

Posted by anthonykok > 2014-09-26 17:56 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1750045

Posted by Johny Khong > 2014-09-26 21:46 | Report Abuse

Does d announcement mean d MOU w Global Protection Corp (GP) w materialize in d near future? Will it b probable tht GP will be a subsidiary of Karex Global Ltd?

Posted by skc750411 > 2014-09-30 21:16 | Report Abuse

Expensive 4 x of nta & 1.25%dividend yield

Posted by skc750411 > 2014-09-30 21:17 | Report Abuse

Johnny Kong 55%is subsidiary

Posted by Johny Khong > 2014-09-30 22:18 | Report Abuse

skc, yes I am fully aware 55% is a subsidiary. My question is - whether GP will be under KGL or not.

Posted by Johny Khong > 2014-10-02 19:26 | Report Abuse

I hv guessed it correctly tht GP has been acquired by KGL instead of Karex Bhd. I hv found d answer to my earlier question now.

Posted by Johny Khong > 2014-10-02 19:27 | Report Abuse

D announcement has been published.

Posted by dragonslayer > 2014-10-02 21:40 | Report Abuse

Aiyo.....so news is out oredy........shld be good to the company future lor.....Cimb..Rhb...TA sec....HLG...all also give TP from 338 to 350......why still not move leh.....very funny leh.......aiyoyo......when can move leh.......ha ha ha

Posted by POORDAD > 2014-10-02 22:16 | Report Abuse

bad market sentiment all around.

but still with all the CA, CW around, only big sharks eating us...

Posted by Johny Khong > 2014-10-02 23:44 | Report Abuse

Shud be soon ...

Posted by joni > 2014-10-03 10:03 | Report Abuse

its in pressure cooker . .. ...!!

Posted by POORDAD > 2014-10-03 11:00 | Report Abuse

condom can never stay deflated for long!

Posted by ericoconut > 2014-10-03 19:57 | Report Abuse

Good new to Karex, raw material price drop.
http://www.themalaysianinsider.com/business/article/rubber-prices-close-lower

Posted by dragonslayer > 2014-10-04 17:03 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/10/04/Penetrating-the-global-market-Karex-and-Global-Protection-together-as-ONE-for-the-long-haul/

Posted by Johny Khong > 2014-10-04 20:31 | Report Abuse

I realized not many ppl read details of d announcement last Friday and yet, Karex has closed d week pretty strongly towards end of market w a 4 cents gain. As more ppl start to digest the announcement and understand its growth potentials, better times will start rolling in for Karex. I dun know abt all u guys/gals out there, I'm extremely excited w it and undoubtedly will continue to stay w Karex on d long haul. A very good biz manuveur there, Mr Goh MK and pls keep up d good work !!!

Posted by Tornado > 2014-10-04 20:45 | Report Abuse

Ever heard of the master guru always say , sell on news........
ha ha lol

Posted by miapancho > 2014-10-04 20:51 | Report Abuse

for KAREX it s better for it to cross 3rm share price,,waiting for so long already

Posted by miapancho > 2014-10-04 20:52 | Report Abuse

it only can go till 3 only so far,,after that go down... it should go beyond 3 at the moment

Posted by Johny Khong > 2014-10-04 22:16 | Report Abuse

Tornado, master guru always say sell on news so tht they cud buy. U need to read in between their lines and to employ a reverse psychology mindset sometimes.

Posted by Johny Khong > 2014-10-04 22:26 | Report Abuse

miapancho, Karex is not a volatile stock tht goes up and down like a roller coaster. It's value will appreciate on an upwards trajectory over time. So, one need to hv lots of patience/perseverance w it.

Posted by dragonslayer > 2014-10-04 22:37 | Report Abuse

Aiyo.......with every qtr profit up.....it will hit analyst TP very soon lor.....will next week Dom Dom cross rm3.......aiyoyo.....got strong feeling it will lor.............ha ha ha

Posted by lulhunter > 2014-10-04 23:15 | Report Abuse

Reason to buy:
1. Rubber price dropped further: Temporarily good news since this translates to lower material cost.
2. Acquisition of Global Protection Corp: Karex has been facing difficulties entering US market, now with the acquisition, this will help to lay down foundation in US market for penetration.
3. Strong quarterly report and annual report: Growth is pretty strong with this counter.
4. Pontian Factory: Upon completion, this will increase production for another 2 billion pieces.

Posted by Johny Khong > 2014-10-05 08:37 | Report Abuse

dragonslayer, I oso hv strong confidence Karex w hit 3.00 on Monday. World mkt conditions have somewat improved last week to provide a catalyst for it to move upwards.

Posted by Equityengineer > 2014-10-06 23:31 | Report Abuse

This week will move above 3.00...ride on it

Posted by dragonslayer > 2014-10-07 21:29 | Report Abuse

Aiyo....3 days to go.....can hit rm3 or not.....aiyoyo....still got hope.......ha ha ha

Posted by Johny Khong > 2014-10-08 01:26 | Report Abuse

dragonslayer, had it not due to continued market weakness yesterday, d price wud hv moved upwards already. Despite so, it has managed to stay unchanged. Tht goes to show there is really strong price support at d moment. Stay tune for a sudden price surge anytime soon.

Posted by dragonslayer > 2014-10-08 09:01 | Report Abuse

Aiyo......4 FA analyst cannot move the price meh.....now got another one with TA analysis....hope can move the price to higher range.......aiyoyo.......hope can happen within this 3 days lor......ha ha ha


http://klse.i3investor.com/blogs/MplusOnline/61227.jsp

Posted by dragonslayer > 2014-10-08 17:13 | Report Abuse

Aiyo......4 FA with 1 TA analysts......also failed in the attempt to bring the price up......really beh tahan lor......back to square one again.....aiyoyo...wait for next attempt liao lor.......ha ha ha

Posted by POORDAD > 2014-10-09 09:52 | Report Abuse

will up today, back to >2.9 by end of week. no change in outlook from external economy especially from US since 1-2 weeks ago, so price shud return? :D