OJC 3.03% 17.0¢ the original juice co. ltd

Ann: FOD receives first order for $2 million of hand sanitiser, page-123

  1. 14,256 Posts.
    lightbulb Created with Sketch. 2272
    applesanddiamonds,

    I always have the upmost respect for long term holders on a stock who have held through the tough times and a falling share price etc.

    But as a new investor to this (although have had my eye on FOD over the past 2 years) i feel gives one a fresh way of looking ahead, instead of focusing on past tough times.

    As such i tend to focus the new money getting injected into making FOD a high quality producer of an innovative range of diverse products that are targeting the high end of the emerging healthy lifestyle market albeit initially through Coles, Aldi stores etc. But you need that mass market exposure with consumer goods like Juice etc to get the volume of sales.

    The push into the Chinese market is just getting underway for FOD and that is an extremely lucrative market if you have the right contacts to get your products noticed and accepted by the regulators.

    As for Coronavirus and hand Sanitisers , well Asian people as a whole are very protective of their families and want to provide the best protection they can to stop any family member getting sick and possibly contracting Coronavirus and hand sanitiser's are a proven method to protect people. Coronavirus won't just disappear in 6 months. Shutting down 1/2 of China has not managed to stop the spread of this deadly disease. This will be a long haul to overcome. If FOD and it's Daigou network can help provide the people of Asia with an effective protective measure to assist in safeguarding their family members, then i'm proud to be a shareholder to support that initiative. Their not selling Disallowed, it's a proven protective mechanism against viruses etc.

    FOD has the right facilities in the right place at the right time, with the right connections especially in China.

    Lets see how the next 4 weeks pan out with new orders for Hand Sanitiser before we begin to judge the Management team too harshly. They might just deliver some long overdue value to the Company and give all of us shareholders a reason to smile.
 
watchlist Created with Sketch. Add OJC (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.005(3.03%)
Mkt cap ! $50.36M
Open High Low Value Volume
16.0¢ 17.0¢ 16.0¢ $27.23K 168.7K

Buyers (Bids)

No. Vol. Price($)
2 109864 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 180000 2
View Market Depth
Last trade - 13.17pm 09/07/2024 (20 minute delay) ?
OJC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.