Rubber price keeps climbing non-stop. The basic raw materials to make a condom goes up so much, how do u think its profit margins can sustain?
This FY17 still have 2 more quarters before conclude. After first 2 quarters, profits just RM 18m. Seems like profit will be a lot less y-o-y or even less than FY15.
Now PE is 51.7 so expensive. Why people so stubborn still buy this stock?
Stock: [KAREX]: KAREX BERHAD
2017-03-10 11:36 | Report Abuse
Rubber price keeps climbing non-stop. The basic raw materials to make a condom goes up so much, how do u think its profit margins can sustain?
This FY17 still have 2 more quarters before conclude. After first 2 quarters, profits just RM 18m. Seems like profit will be a lot less y-o-y or even less than FY15.
Now PE is 51.7 so expensive. Why people so stubborn still buy this stock?