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Thread: Comvita - CVT

  1. #1621
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    Bucking the trend. What is going on here. Takeover?

  2. #1622
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    Quote Originally Posted by bottomfeeder View Post
    Bucking the trend. What is going on here. Takeover?
    Part of yesterday's CVT announcement below.

    In China we have seen online sales grow in excess of 70% in the first 10 days of March, this has materially offset the impact of fewer shoppers in traditional retail. We have seen some evidence of normalisation of shopper numbers as China attempts to return to normal. Australia and New Zealand performance continues to be negatively impacted by lower footfall through duty free and traditional retail. In North America, we have seen good performance (+50%) from our biggest retail partners and in the United Kingdom (while immaterial) we have seen sales up just under 100% in response to the above mentioned article. In addition, orders on the Comvita.com platform globally have more than doubled versus the prior comparable period last year. Offline sales channels in Asia remain impacted by travel restrictions and reduced customer footfall.

  3. #1623
    percy
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    Ordered this morning 1x 500 g Comvita Honey UMF 10+.
    Prices were as follows.
    Comvita................................ $109..................Freight included
    The Chemist Warehouse...........$74.99...............Freight included
    abetterme.co.nz......................$59.90 plus $4.95 freight Total $64.85
    Look forward to receiving my order from abetterme.

  4. #1624
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    If its all comvita honey, this shows a manufacturer or wholesaler, not competing with its outlets. Which should be the case.

  5. #1625
    percy
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    Quote Originally Posted by bottomfeeder View Post
    If its all comvita honey, this shows a manufacturer or wholesaler, not competing with its outlets. Which should be the case.
    Arrived this morning.As purchased.
    Comvita 500g UMF 10+.
    Good price.Good service abetterme.

  6. #1626
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    percy how confident are you that you got exactly the same stuff as you would have if you'd bought directly from Comvita?
    Sure it says it is UMF+10....
    are there any product tracking mechanisms supporting the manuka
    For clarity, nothing I say is advice....

  7. #1627
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    Quote Originally Posted by percy View Post
    Arrived this morning.As purchased.
    Comvita 500g UMF 10+.
    Good price.Good service abetterme.
    Plenty of Manuka honey at decent prices at my local Pak n save

  8. #1628
    percy
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    Quote Originally Posted by stoploss View Post
    Plenty of Manuka honey at decent prices at my local Pak n save
    I saw them this morning at Moorhouse Ave store.
    However I was acting on management's orders.
    Anything for peace...lol.

  9. #1629
    Guru
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    Less than 4 years ago this puppy was trading at $12.80.....now you can get almost 7 at that price.....

  10. #1630
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    Going gangbusters today, does it have legs?
    Have not followed this company for a few years, are their pronouncements to be relied upon or are they a slippery bunch.

    Fairly obvious they have only cancelled the capital raise because they would not get any, but how genuine is this upturn?
    Last edited by ratkin; 23-03-2020 at 01:12 PM.

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