Comvita - CVT

[Shareguy]

You’re right re-the cost of trademarking a product such as this, but In this case the New Zealand government has added substantial dollars into the pot. And yes if New Zealand is successful all producers will benefit including comvita. Think of the upside if we win this..

Have a look at these articles which I found interesting

https://amp.abc.net.au/article/

https://www.auckland.ac.nz/en/news/2019/10/30/long-road-for-maanuka-honey-trademark.html

[Balance]

Industry consolidation underway.

Eat or be eaten.

CVT will be in play or playing sooner or later.

https://www.afr.com/street-talk/swee...0210614-p580r5

Private equity and strategic investors are back swarming around New Zealand’s lucrative manuka honey sector, preparing for the next blockbuster auction.

[mikelee]

my dad buys tons of premium honey as he really believes in its heath benefit and with bee dying around the globe I reckon NZ could do really well if it can capitalise on it

[silu]

Industry consolidation underway.

Eat or be eaten.

CVT will be in play or playing sooner or later.

https://www.afr.com/street-talk/swee...0210614-p580r5

Private equity and strategic investors are back swarming around New Zealand’s lucrative manuka honey sector, preparing for the next blockbuster auction.

And Me Today purchasing King Honey seems like a shrewd decision then (discl small shareholder in MEE)

[sb9]

Industry consolidation underway.

Eat or be eaten.

CVT will be in play or playing sooner or later.

https://www.afr.com/street-talk/swee...0210614-p580r5

Private equity and strategic investors are back swarming around New Zealand’s lucrative manuka honey sector, preparing for the next blockbuster auction.

Be fascinating to see who would blink first, Chinese or Europeans...

[Shareguy]

https://amp.rnz.co.nz/article/5e1ce3...b-b5623688f649

[Shareguy]

its all happening

https://www.nbr.co.nz/story/manuka-honey-marketer-said-be-seeking-buyer

[Balance]

Industry is overdue for rationalisation and proper consolidation - this is the nature of how industries evolve in NZ over the decades.

CVT imo is in pole position to benefit.

[Shareguy]

Nbr quote Manuka Doctor have $25 m ebitda on $60m sales Comvita are forecasting $22.5 to $25 m ebitda on $195m sales. You can look at this in various ways however CVT either have to reduce thier cost structure (which they are doing, but is it enough) or increase thier margin dramatically. If Manuka Doctor can make huge money out of Honey then big opportunity for CVT.

[tommy_d]

its all happening

https://www.nbr.co.nz/story/manuka-honey-marketer-said-be-seeking-buyer

funny, there's an nbr article from february 2019 with the same premise - i think it's the one you have linked?

current story covered here, and it isn't paywalled: https://www.afr.com/street-talk/swee...0210614-p580r5