No, I’m not about to go rogue.......:) Think for a moment, something that is..well, personal; a far away war ; and a brash and narcissistic President; what could be the possible connection..... Turnout it can be summarized in one word: KAREX, the largest condom manufacturer in the world. Karex’s CEO MK Goh blamed both Syrian war and President Trump for its plunging profit and sales (less so)!!
But it started to make sense once we realized that 50% of global condom sales is from tender orders. Tender orders are mainly government bids meant for African countries with funds from European countries, United Nation and mostly NGOs operating out of the United States. So, the Syrian war caused a refugee crisis, which means fund intended for purchase of condom (to prevent/contain AIDS epidemic in Africa) was repurposed to support refugee waves hitting European shores!!
Then, what about Donald Trump? He was elected on the conservative agendas, among which is pro-life policy. Which is essentially an anti-abortion policy. His election has caused funding cut to NGOs which supported abortion right but also are the main contributor to funding for condom for African countries. If he really pro-life, he should have setup new NGOs to fund the condom purchase. After all, condom prevent unwanted pregnancies... no?
AGM Tender market still remain very competitive. They have to lower their price to get their customer. Gearing ratio will increase a lot in the future. from 0.04 maybe can up to 0.5 or even 1 CFO said.
such a mistake didn't cut loss when the loss is minimal, now is so huge. can only pray for God's divine intervention since the management is so useless.
That is the reason i asked people to sell Karex on 20 June 2017. The price was 1.77. That time i mentioned the Rubber price has increase first half of this year compare to last year and it increase the cost of raw material and reduce the profit. https://klse.i3investor.com/servlets/forum/800003243.jsp
Young but with lashings of savoir faire, MK — suitably dressed in a smart suit with Audemars Piguet’s Royal Oak on his wrist and Hermès protecting his feet — brings a worldly sophistication to the thoroughly industrial environment.
^ I cant pronounce any of those french word, should have sell when still got chance to make profit rather than trusting someone who wear a bit too much unpronounceable word
Pilotsport, later i will call you sohai when the "Utusan malaysia" rise. :) I can see more and more user are buying. You would not win me. Want to bet with me ?
Trust me. Only start collecting when it is on an upward trend. You buy and get stuck especially election is around the corner. Plenty of opportunity to buy in coming months.
What is the price per condom and margin selling to (a) tender (b)OEM (c)OBM ? Do seem like they are really having innovative marketing team, going to takeover durex for sure.
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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....
Yu_and_Mee
3,455 posts
Posted by Yu_and_Mee > 2017-11-27 06:44 | Report Abuse
buy at 1.20, don't know possible or not