Comvita - CVT

[G on]

Could also be response about an article that manuka honey a scam recently. From UK? Didn't pay much attention to it.

[Balance]

How the hell can they burn through $50m of cash in 15 months? Even operating cash flow was negative $32m

Almost xero-esque proportions

Trading on rather high multiples (24 times historical) now with uncertainty in China market?

[whatsup]

Not yet , could be sub $ 10 soon !!

Keep your powder dry !! sub $10.00 very close , and the bottom is ......... ?

[Ogg]

I bet it will finish green for the day

[Beagle]

Trading on rather high multiples (24 times historical) now with uncertainty in China market?

Have you checked the EPS growth rate ?

[ratkin]

Great company but people have been paying silly money to buy it. Share price got way ahead of itself, not surprising it is showing weakness

[Ogg]

Great company but people have been paying silly money to buy it. Share price got way ahead of itself, not surprising it is showing weakness

Pretty much sums up the global economy.

[trader_jackson]

I was interested in CVT due to the growth & story behind it

2014 revenue up 11%, inventory up 35%, positive operating cash flows
2015 revenue up 32%, inventory up 65%, positive operating cash flows
2016 revenue up 32%, inventory up 114%, negative operating cash flows, and debt up substantially

hmm... all for the great growth opportunities, right?

[Balance]

Have you checked the EPS growth rate ?

My concern really pertains to the cautionary note by CVT on China - points to something deeper as downgrades come in threes.

[Ghost Monkey]

uh-oh W69, you may need to invest in a disguise to sneak past your bowling buddies when they're out mowing their lawns