Any reason on why the ass has fallen out today ?
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Any reason on why the ass has fallen out today ?
I take that back
Any thoughts on the season? I have heard that the northland harvest has been weak but central where comvita has plantations has been ok. I expect a great result when they report soon with demand in China continuing. Also expect huge increase in demand when Australia are no longer allowed to sell as Manuka. Thoughts please
https://www.thewanakasun.co.nz/news/...producers.html
CEO of Apiculture New Zealand Karin Kos said: “Nationally the season has been very patchy and off to a slow start given the variable weather conditions we’ve had across the country. But we are hoping more settled weather will see production increase (note: it’s still early days as the season doesn’t finish till around the end of February.)
“Regarding honey prices, it’s too soon to see what these will be for the 20/21 season but we are expecting similar price trends to the previous couple of years.”
Great article. I’m very bullish on this stock and feel still good value. Have now got a good holding and looking forward to the upcoming results. Thanks Balance for posting that.
https://www.nzherald.co.nz/business/...LEJNBEUW6YT4M/
Paywalled
Good article summarising the state of the honey industry in NZ :
1. Collapse in prices of non-monoflora manuka honey,
2. Huge unsold stock of honey stored around the country,
3. Monoflora Manuka honey still has good demand and still experiencing growth
From memory it also noted that, altho external medical application is powerful stuff, there is little science to suggest ingesting high grade manuka honey has any excess benefit to the immune system from normal honey. Or words to that effect. Guess there's still ample mileage in that debate between whoever the vested interests are.
Two great articles. In my opinion oversupply is very seperate to Manuka story. Manuka has strong demand and once our friends across the ditch are not able to sell it as Manuka then the sky’s the limit for this stock. New ceo has a good track record. Low debt and I am expecting great things to come.