Comvita - CVT

[Balance]

The B's are swarming over Hive now, looking for some sweet honey money.
Some are WAXing lyrical, after COMBing so long through the propolis...

Wait for the STING on those without exposure when Comvita starts paying dividends and get back into NZX50 next year? 😁

[Getty]

Yeah, there's a real BUZZ in the air, they want to get into the clover...

[Getty]

I'm just winging it...

[kerryo]

Comvita makes 90 staff redundant, posts $9.7 million full-year loss.
https://www.stuff.co.nz/business/ind...-fullyear-loss

[Getty]

Comvita makes 90 staff redundant, posts $9.7 million full-year loss.
https://www.stuff.co.nz/business/ind...-fullyear-loss

I'm beeside myself with joy at my 25% short term profit, but feel for the 90 who have been pushed out of the hive.
I hope they weren't drones..

[winner69]

I'm beeside myself with joy at my 25% short term profit, but feel for the 90 who have been pushed out of the hive.
I hope they weren't drones..

No need to be sorry for the 90 .....they were just a dispensable commodity ....and you wouldn’t be 25% up

Sort of stuff shareholders like to see

[Getty]

As at JUN 2019 staff count was 225.
90 gone is a WASP attack on the hive.
CVT wont need as many Supers...

Dr JPG.

Unemployment isn't working.

[Shareguy]

Joined the investor call this morning. Very positive, not a lot to add on what has been already advised apart from ceo saying that 2021 (7 weeks) has started well.

[sb9]

Joined the investor call this morning. Very positive, not a lot to add on what has been already advised apart from ceo saying that 2021 (7 weeks) has started well.

Waiting patiently for remainder of my order to be filled after getting 70% filled in at low point for the day, can some kind person oblige and do the needful

[winner69]

At least the $50m cap raise money did go to reducing debt ...and solid reduction in inventory and receivables helped