Thanks for greenhouse's post #14740014 (
http://hotcopper.com.au/posts/14740014/single) this morning, about Gillette to replace Fusion ProGilde razors with FlexBall.
Ian Morley, household & grooming commercial director at P&G - Morley predicted FlexBall, which he said P&G was focused on making "the biggest FMCG launch this year", which would sell 3 millions handles in its first year .....
Many OBJ holders may have seen this article published on 26/10/2011 (
http://investor-paul.blogspot.com.au/2011/10/what-day-for-obj-new-announcement-fmcg.html) -
What A Day For OBJ: New Announcement: FMCG Company to Secure Access Rights for Beauty Care
Yesterday was a very significant day in the life of OBJ Limited (in my opinion), yet the market either fails to realise its significance or just plain ignored what it actually means. The announcement was released late in the day (2:30pm) and the stock quickly moved from 1.8cents to 2.3cents. However in the final half hour it dropped back to around 2 cents and amazingly finished the day at only 1.9 cents.
So why is this announcement so important and what does it mean? ...........
I not a chartists, but IF I had purchased OBJ @ 2 cents on 26/11/2011, then I would have making more than 400% profit of today's closing price @ 8.2 cents.
Like many other OBJ believers/holder, we have seen company's technology being validated by P&G (SK-II Magnetic Eye cream kit, extremely successful since first released in Korea in October 2014, followed by Taiwan, Hong Kong and many other countries in asia), COTY (set to licence OBJ powered technology - 03/12/2014), GSK and Pfizer, plus P&G has secured access for BodyGuard valuation on 16/12/2014.
Patience is the key to success. Accumulated more OBJ shares today
(20min delay)