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Paiseh not condominium manufacturer, but condom manufacturer. There is no guarantee of KAREX price up or down. But imagine the market share of KAREX produced condoms in the world. Lockdown? People also use condoms. Lockdown lifted? People ALSO use condoms. KAREX also medical products and hand sanitizers, venturing into gloves 2021. But main business is condom. I assume people take out money from gloves sector to pump vaccine counters. Don’t worry
This is cyclical. Remember when gloves go crazy last month pharmaceutical companies drop. Just wait for more news to come up about COVID in USA or INDIA or EUROPE. Just because you given license to bottle vaccine doesn’t mean 100% of your revenue or profit comes from vaccine bottling. Remember main business of KAREX - condominium manufacturer, both for own brand and other brands. What do you think will happen to condom usage from 2020 onwards? Must think of fundamentals everyone. Jiayou
