Ann: FY19 Financial Results Media Release, page-28

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lahjm15

126 Posts.

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26/08/19

16:40

Post #: 40157115
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Originally posted by sapporo: ↑

They know very well what works the best to get the most out of their natural beauty ~ but of course dyor. Sukin is a run of the mill, very replicable product, far too cheap to get any decent money without serious volume so the only question here is where is that volume going to come from? China? Baby powders suggest this could be possible but there is a hell of a dfference between what a responsible parent feeds his/her baby and what they put on their own skin. Nevertheless, it's possible but my guess is China will follow South Korea, the gold star in Asian beauty, and the South Koreans have no time for Sukin. The products are of little effect, poorly packaged and cheaply marketed. Anyways made good money here and no interest in this stock anymore, which does look to be going up in the short term and may well be "worked" quite a lot higher than the fundamentals determine. Funds gotta make $/minimize losses too. Anyway I could be wrong, so make and own your own decision and gtlah.

Imo

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Can definitely agree that the chinese consider south korean products highly, being from asia myself. But i know that the brand is known in Asia for its natural qualities, might just be a lack of execution.
So it might be that we’re putting a considerable amount of focus in the US and other markets where the natural craze is increasing.

BWX Price at posting: $2.85 Sentiment: Buy Disclosure: Held
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