FLKI, the conceptor brandished the opportunity to underline the quality of its conceptions.
This annoucement was so unusual for the industry in this difficult period that I picked up the phone immediately. I have followed this company for more than a decade and it has never failed to surprise me.
FLKI Communication Officer, Manuel Garcia lacked all signs of hesitancy in stating ; “(i)n the second quarter of 2009, sales of the personal hand care group of products increased 27.7% and we are confident that global distribution will increase sales another 30-50% for the next quarter.”
Crisis, what crisis ?
In this time of global economic crisis, The corporation is amongst those companies least affected by its impact because a major portion of its product conceptions are addressed to distributors and licensees in the Automobile After-Market, and consequence of the crisis, people are on tight budgets. A new car is not included in their present purchase list; prioritizing auto care and maintenance products which have become important items in their list of cleaning products.
The Clean Plus® brand was conceived by FLKI in 1997 and today occupies a global leadership position.
While many U.S.-based companies are down, the brand which is particularly strong in Europe is supported by the more than a dozen distributors interviewed for this article, all of whom confirm a strong, stable and loyal customer following.
Because of these conditions, FLKI and its stocks are in my view a good investing opportunity. Once investors and traders realize that they are really buying a strong Euro currency based company at 60%+ below its value, FLKI shares will have a significant upward trajectory.
In fact, management was even more positive in their necessarily guarded comments during my conversations with them. They expressed a credible belief that FLKI investors are commited to a short term reality, a $3-4 bid and ask stock price to support its tactical plan of moving the stock to NASDAQ or AMX.
With FLKI’s market reach and revenues, this is pragmatically possible. The Clean Plus® products are being distributed throughout Europe, The Middle East, Canada, and Australia with 1.5 million wipes sold per day and still expanding currently in North America and Russia.
Author Resource:-
John David is one of the nation’s most respected expert analyst on the Automobile After-Market Industry. He holds appointments as a covering analyst with some of the world’s largest players. He also conducts a private practice as a consultant in capital raises, mergers and acquisitions for small to medium size manufacturers in the consumer, professional and industrial chemical, wipe, wet wipe and car and vehicular care industries.
Distributors interested in learning more about the Product Group’s capabilities should visit www.cleanplus.com.
Concepts and Products adored by the citizens of Baytown, Texas
Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.
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