Comvita - CVT

[Vaygor1]

The've snuck the term 'Global Price Harmonisation' in a few times... wonder if it is code for the Australians are undercutting us and we are quietly crapping ourselves.

This from google:

"Price harmonisation... a quaint euphemism for what is effectively a wrestle between the department stores and global brands suppliers to close the price gap between local retailers and their online rivals."

[Beagle]

Deserves to be on a cyclical / agricultural / no growth PE of 8.5...but wait there are no earnings

[Balance]

That's probably the biggest risk now. MPG territory (maybe you can flick this one too?)

I put my money where my words are.

Remember you weren't prepared to bet on CVT?

Give you another chance - bet on MPG?

[Ogg]

I put my money where my words are.

Remember you weren't prepared to bet on CVT?

Give you another chance - bet on MPG?

I will bet that:

A) A take over on CVT will happen before a take over on MPG, AND;
B) More upside on today's share price of $4.20 vs $0.49, when and if happens.

Reasoning:

1) Still good growth from in CVT from Asia, vs downturn in property in Aussie/NZ on MPG in medium term.
2) Agriculture better moat than materials/manufacturing.
3) Comvita brand still strong. Metro not worth as much.

Having said that, both are really dogs. Lesson learned, we need to both move on.

[Beagle]

No way in the world 1 CVT share is worth 8.5 MPG shares in my opinion....nowhere remotely close. I'm with Balance on this one.

[Ogg]

No way in the world 1 CVT share is worth 8.5 MPG shares in my opinion....nowhere remotely close. I'm with Balance on this one.

At least it comes with a factory I guess.

[Sideshow Bob]

Interesting looking at the graphs (just on Google) - price was $4.38 on the 5th of Feb, at was $5.42 15 days later. Near on 24% increase.

Back done with a thud today with the result!

Something smelly??

[Balance]

Having said that, both are really dogs. Lesson learned, we need to both move on.

Speak for yourself.

I am sitting on a nice enough profit on MPG, buying from the reef fishes.

More upside yet to come.

[Ogg]

Speak for yourself.

I am sitting on a nice enough profit on MPG, buying from the reef fishes.

More upside yet to come.

Lock it in then and buy some more A2.

[King1212]

Must be really "cheap " now ....... Just because something was $ 12, it doesn't mean its cheap at half the price and certainly doesn't mean it can't get cheaper .
Hope you haven't been backing the truck up too much Ogg .

I remembered god dang brokers recomended buy...buy..buy at $12......dang.....