Comvita - CVT

[Balance]

Was $3.48 about 6 months ago …….before drifting down close to $2.00

And that recent Dave Rave got price back to $2.60:on inspired buying

But bugger it it’s heading to 10 year lows

Next downgrade (#3 of at least 3 downgrades) could see the sp back down at $1.50, where the sp was 10+ years ago.

One to avoid until then.

[winner69]

Next downgrade (#3 of at least 3 downgrades) could see the sp back down at $1.50, where the sp was 10+ years ago.

One to avoid until then.

CVT was well over 10 bucks a few years ago …just like Synlait

Those were the glory days …how the mighty have fallen

Wouldn’t think B Corp got anything to do with it

[kiora]

Ouch
And stock turnover still around 2 x?
How can this ever be improved?

[Toddy]

Support at around $1.80.

[Greekwatchdog]

CVT was well over 10 bucks a few years ago …just like Synlait

Those were the glory days …how the mighty have fallen

Wouldn’t think B Corp got anything to do with it

Out of NZ Herald..
At home, Comvita was down 31c or 14.09 per cent to $1.89 – its lowest share price since early September 2011. Comvita’s low point was 82c on May 1, 2009, with a peak of $12.55 on the same date in 2016.

[Toddy]

Out of NZ Herald..
At home, Comvita was down 31c or 14.09 per cent to $1.89 – its lowest share price since early September 2011. Comvita’s low point was 82c on May 1, 2009, with a peak of $12.55 on the same date in 2016.

Atleast the all time low looks as safe as houses.

[nztx]

What are the odds that's skrewed any chance of or a knifing over of the March Interim Dividend ?

usually only a 2.5c dish out but hey, when the chips are down, out comes the preheated knife ..

$1.80 might be under pressure once that goes down

The Honey Warehouse might be following a similar trajectory to another Warehouse .. but then the other lot probably manage a better stock turn

[Habits]

Volume for the day was way up on normal, a case of get out at any price so might expect a bit of bounce after the carnage. How things have changed from mid to high 3s not that long ago when there were share buy backs and a good deal of confidence.

[winner69]

Volume for the day was way up on normal, a case of get out at any price so might expect a bit of bounce after the carnage. How things have changed from mid to high 3s not that long ago when there were share buy backs and a good deal of confidence.

They bought back shares to give to employees …presumably for doing great work

Most at over 3 bucks ….employees probably still own them

[Balance]

They bought back shares to give to employees …presumably for doing great work

Most at over 3 bucks ….employees probably still own them

One of those Employees’ option schemes - only upside, no downside?

And bugger all number of shares per employee in any case. Unlike of course the share option packages of the executive management.