Bremworth BRW

[Brain]

Sliding share price is sad
But glad to hear of these sort of deals: https://www.nzherald.co.nz/hawkes-ba...7EXLUKZ5G2XQU/

" ... its carpet was "going out of the door" as fast as they could make it."

Thanks Haewai - That is good news. Maybe Cavalier can get back to the Halcyon days of 30c dividends and $3 plus sp that I remember so well. Cavalier was a great investment for me in those days and my biggest shareholding at the time.

A manufacturing plant running at full capacity is a very very good sign.

[winner69]

See Bremworth got a $798,000 hand out from the government to help them make Napier plant more energy efficient -- use heat pumps instead of gas to heat up the water

Corporate welfare in action

That's good eh

[Brain]

See Bremworth got a $798,000 hand out from the government to help them make Napier plant more energy efficient -- use heat pumps instead of gas to heat up the water

Corporate welfare in action

That's good eh

If you compare it with the $51,000,000 they shelled out for the Auckland Harbour Bridge cycle way investigation you would have to conclude that it was an outstandingly good decision

[Waltzing]

did anyone check what supplier of bikes got the contracts for the cycle way ? did the bikes actually arrive and get distributed to the public?

free bikes ! did anyone get a choice of color make and model?

just take a shareholding stake. Thats what they will do when the great recession arrives just like they did with AIR.

Nationalise the NZX.

[winner69]

Morbid fascination made me have a look at my old CAV files and updated the sales chart

Wow - don't think I've ever seen such a long consistent decline in sales

Suppose that's why not chat on ST about them

[jonu]

Which is a real shame when we are in a country that has a strong history of producing wool and should be encouraging the use of natural fibres as opposed to petrochemical synthetics. If it's logical for the government to subsidise EVs and phase out ICEs why aren't they banning synthetic carpets?

[Snoopy]

Morbid fascination made me have a look at my old CAV files and updated the sales chart

Wow - don't think I've ever seen such a long consistent decline in sales

Suppose that's why not chat on ST about them

Isn't part of the sales decline because they have stopped selling synthetic carpets?

SNOOPY

[nztx]

Isn't part of the sales decline because they have stopped selling synthetic carpets?

SNOOPY

and fierce competition etc from the other industry major who owns the bits that fell out of Feltex ?

Selling off the freehold real estate always was going to be a do or slow die - wasn't it ?


Unfortunately a resource sapping litigation from the other play has reared it's ugly head to get in the way too

[Ferg]

Which is a real shame when we are in a country that has a strong history of producing wool and should be encouraging the use of natural fibres as opposed to petrochemical synthetics. If it's logical for the government to subsidise EVs and phase out ICEs why aren't they banning synthetic carpets?

Agree it's a shame as you say but for some areas carpet beetle is a major issue. Don't ask me how I know but there is no way I will put in a new wool carpet. Definitely synthetic for me.

[haewai]

Agree it's a shame as you say but for some areas carpet beetle is a major issue. Don't ask me how I know but there is no way I will put in a new wool carpet. Definitely synthetic for me.

Funny, you were corrected on that two years ago: https://www.sharetrader.co.nz/showth...l=1#post900114