rm2.90 saya mahu beli Satu biji, bocor , bocor lah, apa boleh buat, kepala sudah basah now kena beli satu biji at a time , mahu huat mesti ini macam lor
Don't play contract on this counter...later kena burn. ..buy only the amount that you can hold or 1000 units per time. If drop also no need to be scared. If up, no need to feel too little. It may go up 20 - 30+ cents per day easily .
If Keep long term, sure no need to worry. The recent 2 M&A will make KAREX dominate the world's and Malaysia 's condom overtaking durex very very soon.
Karex cannot rely on contract manufacturing to improve profit growth. So, it has been investing heavily in developing its own brand of condoms — ONE — that was launched in the US, Canada and here in December last year.
Karex has a 55% stake in US-based Global Protection Corp — the company that ONE is parked under.
Last week, Karex also acquired TheyFit LLC for US$1.3 million or RM5.6 million, an acquisition that will supplement ONE. TheyFit owns the patents, trade names and trademarks for condoms manufactured, marketed and sold under the TheyFit brand.
Uniquely, TheyFit offers condoms in 95 different sizes (14 different lengths and 12 different nominal widths). Furthermore, TheyFit holds a patented measurement kit (FitKit) for consumers to customise their condom sizes. TheyFit’s markets include the UK and Europe.
“Overall, we are positive on the proposed acquisition as it is in line with the group’s strategy to expand its higher margin OBM (own brand manufacturing) segment, which historically contributed less than 10% to condom sales,” writes TA Research in a report.
Nonetheless, the research house has downgraded Karex from a “buy” to a “hold” with a target price of RM4.50.
valuation We upgrade to BUY recommendation from hold with an unchanged target price of RM4.52, given the recent share price retracement and the potential higher condom demand over the next 18 months caused by Zika virus. Our valuation is pegged to unchanged P/E multiple of 26.9x of CY17 EPS, based on +1SD above 2-year historical average P/E
For past three day performance, karex up alot in morning session, but closing will pull back with just small gain 4-5 cent...hopefully today can sustain the gain
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ampabella
1,378 posts
Posted by ampabella > 2016-02-10 20:47 | Report Abuse
jialat less people using kondom now due to poor economy , maybe ppl are using the
ice kacang plastic bag as replacement