I don't claim any expertise in cosmetics, but I don't mind the name. Packaging looks good, & I like the logo and the colours.
I'm not sure what to make of the cosmetics play, & haven't put much store in it to date. I appreciate the company's aim of trying to become self funding, but would rather see a pharmaceutical deal signed to achieve this. Having said that I acknowledge that cosmetics is a much quicker path. I thought we had a quick path with Nestle and Phospha E, but Nestle sure aren't in any hurry.
Esra says in the newsletter that POH "remains focused on the pharmaceutical pipeline", and I hope this launch is not diverting too much in the way of resources. I like the 'Le Metier' type of deal better - we supply the TPM & they do all the rest.
Here's hoping it rolls out on time, and goes well.
Regards
POH Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
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