Basically yeah. The product itself has massive hype and speculation over it's healing properties and health benefits. Hence why the share price should be valued the same.
Whatever you say mate....YAWN https://www.hukahoneyhive.com/shopping.html Just one of many, many other manuka honey producers out there selling their wares...suppose they're all worth 35 times their earnings too. Good luck.
Last edited by Beagle; 17-04-2018 at 03:27 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
Whatever you say mate....YAWN https://www.hukahoneyhive.com/shopping.html Just one of many, many other manuka honey producers out there selling their wares...suppose they're all worth 35 times their earnings too.
lol, that's like giving me a link for Yahoo search vs Google.
http://www.purenewzealandhoney.com/ I could keep posting links all day if I had the time or thought it would do any good but I will leave it at that as you are perfectly entitled to your point of view and good luck with that.
Last edited by Beagle; 17-04-2018 at 03:33 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
Basically yeah. The product itself has massive hype and speculation over it's healing properties and health benefits. Hence why the share price should be valued the same.
What's your call on TGH got to do with anything being discussed here? The SP of CVT has pretty much done as bad as TGH over the last 2 years.
Fair enough if you want to apply that valuation criteria to your investment, I just thought it was ignorant to tell people that earnings are irrelevant for this company.
With all this talk of premiumness, moats, monopoly, optionality, billions of Chinese consumers, etc etc you would think the compoany would be spewing out cash from operations
Far from it as chart below shows - CVT a real cash burner (2018 is onlyH1). Last 5 1/2 years negative cash flows of $36m
Add to that another $57m of plant and intangibes and they have burned through heaps eh
Company value or intrinsic value is the NPV of future cash flows ..... whats going to change .....hmmm
Book value $186m and market cap over $300m ....hmm again
Hope you only in for the big takeover ogg
Last edited by winner69; 18-04-2018 at 11:52 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
With all this talk of premiumness, moats, monopoly, optionality, billions of Chinese consumers, etc etc you would think the compoany would be spewing out cash from operations
Far from it as chart below shows - CVT a real cash burner (2018 is onlyH1). Last 5 1/2 years negative cash flows of $36m
Add to that another $57m of plant and intangibes and they have burned through heaps eh
Company value or intrinsic value is the NPV of future cash flows ..... whats going to change .....hmmm
Book value $186m and market cap over $300m ....hmm again
With all this talk of premiumness, moats, monopoly, optionality, billions of Chinese consumers, etc etc you would think the compoany would be spewing out cash from operations
Far from it as chart below shows - CVT a real cash burner (2018 is onlyH1). Last 5 1/2 years negative cash flows of $36m
Add to that another $57m of plant and intangibes and they have burned through heaps eh
Company value or intrinsic value is the NPV of future cash flows ..... whats going to change .....hmmm
Book value $186m and market cap over $300m ....hmm again
Hope you only in for the big takeover ggcc
Its a shocker in more ways than one isn't it ! I reckon a pig dog with mange and fleas is more attractive lol
Really...the CEO has to go, he clearly has no idea...
Last edited by Beagle; 18-04-2018 at 11:10 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
Originally Posted by JoeGrogan
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