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Saturday, July 30, 2022 3:57:48 PM
After all, they need to keep expanding profits and it’s my understanding that while women were at home during “lockdown” that they used a lot less makeup etc and have continued that lower rate of consumption since lockdowns all over the world ended.
Meanwhile, I think Morrison has stolen a march on the competition. He doesn’t have to go out and look for a product line - he’s already got one! He’s just repackaging this company’s whole product line.
I like this one a lot as well. I think that once it’s “official” on Monday we’ll see a PCAOB audit commenced. But the big one will be all the big financial news outlets will all run a feature on it. Well, I can’t say that for sure but I’d be very surprised if Morrison hasn’t got some pretty big names in his Rolodex from the financial news section of the media. He’ll have his favorite companies lined up to do PR and get the word about this company out there.
Don’t forget the fact that Morrison headed up such a huge company as L’Oréal and this time is building something from scratch is in itself quite a news story and will bring strong interest to the whole of the wellness sector in general.
These are my thoughts and everyone should do their own due diligence.
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.
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