October 28, 2011

Condom Conundrum in China

It's funny that it has never been an issue before.

But now it has reared its humorous head.


As the story goes, some expatriates from Europe and Africa has complained to Shanghai Daily that they are always embarrassed about "ill-fitting" condoms in the city as almost all of them are designed to a standard Asian size and will may not fit them.

Chinese condom suppliers including Durex, Jissbon and Okamoto only supply condoms  with a common size suitable for Chinese men – their target consumer group.

Condom supplier Jissbon reported that the company had received complaints from some foreigners about Chinese condoms that are sometimes a little bit tight for them. They will not supply any bigger size as this group is not their target market. Moreover, they did sell XL sizes before but could not make much profit from doing so

Moreover high delivery costs for condoms mostly manufactured in Thailand has been a negative factor to marketing operations.

Most  condom makers also are persuasive with their argument that it is cost effective to produce condoms of the same size rather than variants of many sizes.

For expatriates in China, it looks like they have to import correct size condoms on their own......

The Prawn Letdown

Yes, this has got to be one of the bad years for AGM goers.



As the economy is expected to show unimpressive growth for the remainder of the year, cautious companies are cutting down on door-gifts.

Here,KAF sticks out like a sore thumb. They whittled down qualified door-gift shareholders to those with a minimum of 1000 shares. This is a bad call as the trade-able lot on Bursa KL is only 100 units. I think the BOD is being ' nasty'. Compared to KAF, Gentings which allowed door-gifts at 100 share-holdings seems to be adorable angels!

Then here we have the fabled Analabs. After giving goodies in the form of kilos of prawns to shareholders over the last few years, this waste-water treatment company gave nada this year! The share-holders who came all  the way to Shah Alam must have been downright flabbergasted at this. Analabs- surely another company  which will go down the annals as a miserable penny pinching company!

Well, we do hope other companies will not cut down on their door-gifts.

If you have to, then pretty please-increase your dividend payout!