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Thread: Comvita - CVT

  1. #1381
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    50% off !! Mind you I'm not sure if it was a much inflated price to start with , but competitive out there ....

    https://www.avatarmanukahoney.com

  2. #1382
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    Quote Originally Posted by stoploss View Post
    50% off !! Mind you I'm not sure if it was a much inflated price to start with , but competitive out there ....

    https://www.avatarmanukahoney.com
    Jeepers. Still think I'll stick to my 4kg tub of local honey for $30.

  3. #1383
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    Latest update, no good IMHO, can someone please post announcement ?

  4. #1384
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    Quote Originally Posted by whatsup View Post
    Latest update, no good IMHO, can someone please post announcement ?
    They did say something was ‘extremely disappointing’

    http://nzx-prod-s7fsd7f98s.s3-websit...113/299331.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #1385
    Speedy Az winner69's Avatar
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    What’s up ..I think the main bit is that although we are winning we are going to lose money


    “This significant achievement in strategic re-alignment, won’t be obvious in our financial result for the year ending 30 June 2019, which we now expect to be a loss in the order of $6m net profit after tax.”
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #1386
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    I honestly don't know how anyone can have confidence in the board or the CEO now. Surely its beyond any reasonable doubt now that fundamentally their business model is broken and massive change is needed at the top and a completely new strategy needs to be invoked.

    I would imagine the bank are getting extremely nervous regarding their exposure. This company is uninvest-able in my opinion.
    Last edited by Beagle; 06-05-2019 at 09:24 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  7. #1387
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    lol, what a sh*t show.

  8. #1388
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    Share price hading back to the low 300s

    Another stock with a chart that looks like a mountain to steep to climb ...TA people must have a name for it
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #1389
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    With all the debt, was does this mean for the banking covenants? This is starting to look like IQE.

  10. #1390
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Ogg View Post
    With all the debt, was does this mean for the banking covenants? This is starting to look like IQE.
    Got plenty of honey in the warehouses ....but could end up as a sticky mess for the bank
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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