Author Topic: Karex - the condom manufacturer  (Read 368 times)

Online iiinvestsmart

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Karex - the condom manufacturer
« on: February 03, 2016, 09:50:47 AM »
Revenues have been flat.

Earnings going up due to better profit margins from various favourable factors - currency exchange rate and lower cost of rubber.

Company has done some small acquisitions.

Valuation is rather too high at present.

Given its stagnant revenues, it is unlikely this is a long term  growth company.   

Operational efficiency and other favourable factors have grown its profits.  How many years can profit grow without growth in revenues?

At 2.8 billion cap at present market price of ... it is richly valued.  It is trading at a very high PE which is unwarranted for a company where the rebenues are not growing much.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline kittima

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Re: Karex - the condom manufacturer
« Reply #1 on: February 03, 2016, 10:17:46 AM »
Thanks for the analysis.

Offline Oly Shyte

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Re: Karex - the condom manufacturer
« Reply #2 on: February 03, 2016, 12:37:45 PM »
Many need to practise safe s*e*x. Use condom!  :nod:
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline shilau

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Re: Karex - the condom manufacturer
« Reply #3 on: June 19, 2018, 03:04:59 PM »
now bottom buy or top ???