Comvita - CVT

[Habits]

is it going to break out higher , been trading in a range approx 3.1 - 3.4 for 6 mths currently at the top. if it breaks higher implies a short term target of 3.70 for the pattern

Hi Bull... would you mind doing an analysis on KPG. I see a breakout at 1.25 from flag formation. However there is no flag pole (gap up) and the price has been in a rut/trading range for 6 months between 1.32 and 1.12. I would love to hear your thoughts. Ps I have posted this comment on the KPG page also.

[Balance]

I'm picking another upgraded guidance sometime next month and that could catapult sp close to $4 mark and beyond depending on forward looking statements.

Powering on - $3.54 now so has well and truly broken out of the recents trading range.

I am happy with $4.00 by end of 2021 with a dividend but such is the nature of the market now that it would not be surprising if the sp reaches that level sooner.

[Habits]

Powering on - $3.54 now so has well and truly broken out of the recents trading range.

I am happy with $4.00 by end of 2021 with a dividend but such is the nature of the market now that it would not be surprising if the sp reaches that level sooner.

There are very few for sale, only 18000 up to over 4 dollars

Update: now 12000 between 3.55 and 4.25 incl 7000 at 3.60.

[Balance]

There are very few for sale, only 18000 up to over 4 dollars

Update: now 12000 between 3.55 and 4.25 incl 7000 at 3.60.

Suspect the share buyback has mopped up some of the loose stock out there too.

[sb9]

Suspect the share buyback has mopped up some of the loose stock out there too.

Yep on point. Suspect combination of buy back and seller easing has caused bit of gap ups in price. Let’s see how far that lasts.

[sb9]

From their announcements, intention was to buy back a total of 400,000 stock between 01/04-14/05. So far they've acquired 225,000, got further 175,000 buy back still to go through. Guess we may see sp inching higher until that's finished.

[Shareguy]

Mānuka honey battle: New Zealand, Britain, Australia in trademark fight
https://www.nzherald.co.nz/business/...objectid=12443

In my opinion NZ should win this. If this happens will be enormous for NZ Manuka and of course the leader Comvita..

[sb9]

Nice tick up to sp today...hopefully another profit upgrade announcement not far away.

[Shareguy]

Very encouraging that the senior leadership team are committing to 3/4 of a million worth of shares. Interest payable . Don’t think it will be long to $4.00.

[ralph]

Very encouraging that the senior leadership team are committing to 3/4 of a million worth of shares. Interest payable . Don’t think it will be long to $4.00.

I agree it a strong possibility if we can keep China onside .