Sunday, May 27, 2018
Karex : Cheap enough to invest?
Karex : closed at 60cents ... new low.
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.