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Sunday, May 27, 2018

Karex : Cheap enough to invest?




Karex : closed at 60cents ... new low.

http://www.karex.com.my/

http://karex.irplc.com/investor-relations.html

It is down by some 80% from the peak RM3.11 ... so, question to many fundamentalist there. Is it cheap to buy NOW and buy in stages ...hold for recovery, long-term?

We all still use condom, don't we?

EPS dropped a lot ... cash-position still but cash depleting ... current-ratio healthy. That is my first glance.

Aberdeen buying ... Chairman buying ... but senior exec-director Mr Goh-Siang disposing (for whatever reason). The whole company basically run by Goh-family.

Just an investment idea.

TEH

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