Oceania Natural - ONL

**kiwidollabill** · 04-04-2016, 09:33 AM

FYI they buy their honey via these guys....

http://taylorpasshoney.co.nz/

http://www.stuff.co.nz/business/smal...-honey-company

**kiwidollabill** · 04-04-2016, 09:40 AM

Also....

"ONL believes that certain chemical markers in particular batches of Manuka Honey may increase overtime when stored for a 12-24 month period. This means that over the duration of the storage period the Manuka honey may increase in value and be able to be sold to the market as a higher grade of Manuka honey. To assist ONL in financing the purchase and storage of a large quantity of Manuka honey, ONL has borrowed funds from its bankers, and has entered into financial arrangements whereby third party investors will lend ONL money to purchase Manuka honey and additional interest may be payable in accordance with any value increase of the honey over the storage period. This minimises the cost of ONL acquiring and storing the honey for 12-24 month periods and aligns the costs with ONL’s product’s sale value."

This is now common knowledge and a commercially available solution...

http://www.analytica.co.nz/Tests/Hon...ast-MG-NPA-HMF

All the beekeepers know it too, hence honey barrels are now fully priced to max UMF at the time of sale. FYI Comvita (and a few other players) worked out this arbitrage a few years ago

**LAC** · 04-04-2016, 09:59 AM

Like a 12y old vs a 18y old single malt

Manuka 12mth is a fine drop

**Hectorplains** · 06-04-2016, 04:17 PM

Originally Posted by LAC

Wow, the Sharemarket has gone marbles in the last 30 days honestly.
Currently:
$1.620

$2.25, off an intraday high of 2.32. Loopy.

**youngatheart** · 06-04-2016, 04:27 PM

Why didnt they list on the nzx for more liquidity? Cant buy any online through ASB, only by phone.

**Absolute144** · 06-04-2016, 04:54 PM

Originally Posted by youngatheart

Why didnt they list on the nzx for more liquidity? Cant buy any online through ASB, only by phone.

Do you want some Youngatheart? I think the market is pricing this one to take off like CVT. Of course, that awaits to be seen.

**Hectorplains** · 06-04-2016, 06:01 PM

Originally Posted by Absolute144

Do you want some Youngatheart? I think the market is pricing this one to take off like CVT. Of course, that awaits to be seen.

Target revenue for the 2017 financial year is $5.4m and they have a current capitalisation approaching $60m! How does that add up?

**kiwidollabill** · 12-04-2016, 07:38 PM

FYI this https://www.mpi.govt.nz/food-safety/...oney-products/ has created a s**t storm in the industry. Be warned. Hopefully CVT is able to weather the storm...