Comvita - CVT

[horus1]

Looks to me to have a base at about 5.50.

[Xerof]

With a continued increase in managed hives aka hive density, American foul brood (AFB) is also a risk to the industry. It could decimate everything. There is also potential for new pests and disease to find its way to NZ that would mean more labour costs on hive management et

Thats a little over the top. I agree with you on hive density. It's getting crowded by new entrants, and 1,000 new beekeepers per annum, mainly hobbyists.

But the reported incidence of AFB has been between 0.2% and 0.5% for the past 10 years. Double it for non-reported and undetected cases, and it's still very low. There is a step change in monitoring and audit checking about to commence, so I don't see AFB decimating the industry any time soon. If anything eradication might be closer to becoming a reality than is thought.

This doesn't have much to do with Comvita's performance, so I'll leave it there.

[peat]

Attachment 9698

What a sad chart. Why would you think the price got to be close to the bottom? Which of the indicators is telling you that?

He could argue both the RSI being under 20, as well as it showing divergence.

[BlackPeter]

He could argue both the RSI being under 20, as well as it showing divergence.

RSI under 20 is only a valid indicator good if it returns through this line and I don't see the MACD crossing over - do you?; But sure - after this steep drop it is an almost certain bet that we will see at some stage (not necessarily now) a dead cat bouncing ... which would form a very temporary bottom and could be a great opportunity for holders to get rid of this flea ridden dog;

Too many bad treated animals for me ;

[Ogg]

http://nzx-prod-s7fsd7f98s.s3-websit...412/279783.pdf

2,000 shares - tokenism at its worse given how badly the directors and management of this company have completely misguided the market with their forecasts in the last 2 years.

http://nzx-prod-s7fsd7f98s.s3-websit...483/279879.pdf

More token purchases?

[Sideshow Bob]

http://nzx-prod-s7fsd7f98s.s3-websit...483/279879.pdf

More token purchases?

$5,000 shares for $29k. Got $117k last year for being chairman.

[JayRiggs]

http://nzx-prod-s7fsd7f98s.s3-websit...483/279879.pdf

More token purchases?

Neil bought them for his daughter.
Happy families

[Balance]

$5,000 shares for $29k. Got $117k last year for being chairman.

The one director I follow closely is Rob Campbell - this guy takes on a Chairman job only after he is convinced it is the right company for him and he is right for the company, and then he loads up on shares to show the colour of his money and his commitment.

Neil Craig buying is simply to try and save face - he has presided over 2 years of mismanagement as Comvita's Chairman. And don't forget the investment in SeaDragon - shows how lousy the company really is with its decision making process.

[winner69]

Do Comvita have a JV with that Capilano outfit in Australia?

[rooster]

Do Comvita have a JV with that Capilano outfit in Australia?

Yes, think it is called Medibee. 50% Capliano, 50% Comvita.