Ann: Half Yearly Report and Accounts, page-124

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johnrusso96

421 Posts.

01/03/15

12:54

Post #: 14839236
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Originally posted by Pman ↑

Hi Smac

Next half is going to be very interesting,

If each territory that they release in attracts a Licensee fee and given that given Japan & China are 1 & 2 markets for SK-11 and larger markets tend to attract a larger licensee fee. As you would not expect to pay the same for Australia as you would for Japan. Nothing would ever make it to Australia.

Add to that all the remaining territories. Next Half will be a very large number indeed.

As part of what was said by G was that the fee related to what OBJ have informed the market (thus Korea Taiwan & Hong Kong).

But there is always the chance that it was a regional Fee (highly doubt)

Add to that Milestones being hit if Korea performance are replicated. I think the Milestones would be off a small base as the Cream was not a big seller. Just speculation of course. Time will tell.

What will be exciting is that by second half reporting we will know the type of deal that was struck and will have a better idea what to expect from all other P&G products especially SK-ii.[/QUOT

Hi pman, you seem to be in the know. Could you please tell me why we don't get definitive answers stating up front payments and royalty payments .I just don't get what the benefit of keeping this a secret is . surely p&g don't care. How do we know that there were not large lab contracting fees , which were really responsible for the largish revenue figure ? I did not expect our first product with such a short time frame to produce such a large figure. In am a big believer in the company and my money is definitely where my mouth is , but I just don't get the secrecy when it doesn't benefit p&g or obj to keep it a mystery. Thanks in advance

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OBJ Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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