Maxe Paul

Interesting Stocks, Aussie-Style

Well Ansell is an Australian company, so has absolutely nothing to do with the American health care reform bill. The Author (i believe) is basically looking to invest his useless US dollars into a strong company, in a strong country as we have here in AUS.

Ansell are also a very large manufacturer of condoms, which they are best known for.

Unless people stop having sex because of the US health bill, it's a safe bet!


On Aug 17 04:20 PM Alan Young wrote:

> ANSLY is a grey-market OTC issue that does not trade. Don't go there.
>
> Alternatively, ANSLF is also grey-market, with a slim trading history;
> not much better.
> Realistically, if you want this stock, you'll have to buy it in Australia.
>
>
> But first, note that there is a lot of competition: not just other
> latex glove manufacturers, but non-latex (e.g. vinyl) alternatives.
> See www.globalsources.com/...
> for examples.
>
> None of which is to contradict the idea that ANN.AZ is a good stock
> to invest in; just offering some pointers for DD.
>
> Personally, I'm cautious about any investments in healthcare, because
> the reform bill is almost certain to demand (explicitly or implicitly)
> cost-cutting measures, which will likely impact margins for almost
> everyone in the sector. (For a time I thought that generic drug manufacturers
> like TEVA and RDY would be winners, but that's not looking like a
> good bet now, either).