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06-01-2017, 02:43 PM
#571
Member
On the other hand I purchased some items the other day and the service was excellent. I hold the shares and have for along time. I continue to accumulate. Good chairman and board.
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06-01-2017, 06:25 PM
#572
Originally Posted by Roger
Another good post BP. Well to test their systems and because I want some, I sent them an e.mail asking when they expect the above mentioned product to be back in stock at 11.18 a.m. this morning. Got an automated response saying my enquiry has been assigned a case number and they'll revert within 24 hours. Hmmm, let's see what happens given tomorrow is a weekend and given the time of year.
Okay so the test of their customer service standards went pretty well so far. Got a response at 2.01 p.m. thanking me for my enquiry and saying they are expecting fresh stock to be available within the next ten days. They explained that their website doesn't allow placement of backorders online and I'll need to place the order online once the item is back in stock. I have made a diary note for 16 January to check back online and see if what they said would happen, does.
Need to find something else to worry about now LOL
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
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08-01-2017, 08:29 AM
#573
Read this the other day about Bellamy's China disaster - 'the lesson is not blindly going where every lemming is headed, and not paying for a perfect blue sky'
Maybe applies to Comvita?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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09-01-2017, 08:14 AM
#574
Member
Originally Posted by winner69
Read this the other day about Bellamy's China disaster - 'the lesson is not blindly going where every lemming is headed, and not paying for a perfect blue sky'
Maybe applies to Comvita?
There are large similarities between the IF market and NZ Manuka honey industry in how they have entered and done business in China I believe.
Another favourite of mine...
"Those who do not learn from history are doomed to repeat it"
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12-01-2017, 10:21 AM
#575
Member
Now they are moving DOWN the value chain?
"enables Comvita to strengthen its position as a long term Medical Honey supplier to Derma Sciences"
https://www.nzx.com/companies/CVT/announcements/295457
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12-01-2017, 10:37 AM
#576
And .....'potential acquisitions currently under consideration by Comvita.,
Nice
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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12-01-2017, 12:12 PM
#577
Medihoney product range in my opinion is the crown jewel of the operation with the best long term potential for growth. I have mixed feeling about this transaction, feels like flogging off the silverware to me.
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
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13-01-2017, 09:18 AM
#578
Member
Fairly valuable silverware none the less
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13-01-2017, 09:58 AM
#579
As Bellamy's second profit downgrade showed, downgrades do come in threes so best to avoid CVT or TIL who are exposed to the China 'grey' market sales until results are out.
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18-01-2017, 02:45 PM
#580
Originally Posted by Roger
Okay so the test of their customer service standards went pretty well so far. Got a response at 2.01 p.m. thanking me for my enquiry and saying they are expecting fresh stock to be available within the next ten days. They explained that their website doesn't allow placement of backorders online and I'll need to place the order online once the item is back in stock. I have made a diary note for 16 January to check back online and see if what they said would happen, does.
Need to find something else to worry about now LOL
Product was back in stock on their website as promised on 16 January. Disc: Happy to reorder their derma skin product, (not nearly so keen to place an order for their shares).
Agree with Balance...more downward forecast revisions far more likely than not.
Last edited by Beagle; 18-01-2017 at 02:46 PM.
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
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