Manuka Health has a turnover of $105m vs Comvita of $156m.
Sorry, Ogg - you do not actually know the industry.
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Coke:
Rev: $35.41 billion USD
Mkt Cap $188.97B
VS
Pepsi
Rev: $63.53 billion USD
Mkt cap $153.32B
A2 Milk
Rev:$214.4m (2016)
Mkt cap $8.6b (2018)
VS
Bellamy's
Rev:$244.6 million AUD (2016)
Mkt cap $2.2b (2018)
Also:
http://www.manukahealth.co.nz/en-nz/our-story/about-us/
Manuka Health was founded in 2006, just lol.
Are their numbers even legit? Comvita still 50% ahead.
I'm no expert on the industry but put two of these products on the Chinese shelves and I bet you Comvita will out sell them 10 to 1.
Whangarei airport still gets 18,770 aircraft movements per year (source wiki, dunno if legit), it's no Auckland Airport though.
On another site I was reading that the new MPI standards do not allow for plant specific manuka honey and that the new standards rely on two chemical compounds found in the honey and then when the two compounds are able to be made in the lab they can be added to any honey and called Manuka honey ....or something like that
A bit spooky that
L’Oreal Group brand Kiehl's has manuka honey in its flagship skincare product ......and it’s not Comvita because they wanted real Manuka honey ...(“....we wanted the indigenous, original product.")
https://www.stuff.co.nz/life-style/b...y-for-skincare
What's that, Frankenstein-honey.
"What's for breakfast mum?... Toast with honey made in the lab my son"
I'm sure they could isolate it or synthesize it some how. Would people actually buy it?
There are countless other examples, like Fiji Water or Toblerone Chocolate. You could recycle water from the sewer but would you pay $3 a bottle for it?
Snapiti e.mailed me today and he thinks that CVT produces approx. 15% of N.Z.'s manuka honey.
That's a very strange sort of monopoly :lol:
Still have about $100m in Inventory as at December - thats more than $2 tied up in stock
That's enough stock to support a years sales
sort of suggests that bees not being too busy this year shouldn't have been a real problem
Just doesn't make sense .....should be plenty of stock
Maybe those doing the due diligence are having difficulty finding this stockpile of honey to see if it exists