CAV - Cavalier Corp (Carpets)

[bull....]

Capital value @$0.43 = $29.5m
Cash on hand @ 31 Dec = $26.3m
+ no debt, profitable and executing new strategy

Good to see consistent daily increase in share price

no 5 best performing stock for the mth .... valuation will decline with the cash balance though unless they get meaningful traction in the new business so i still treat the stock as highly speculative at this stage

[sb9]

Someone's accumulating here, but still has lot of risks imo.

[nztx]

CAV to HENRY: Now we'll have the Deposit on the Real Estate which you failed to pay any settlement:


https://www.nzherald.co.nz/business/...o-sell-factory

{Paywalled]

[haewai]

Looks like yesterday's announcement of the new CEO gets an approval tick from investors today.

New Zealand carpet and wool company, Cavalier Corporation Limited (CAV: NZX) is delighted to announce the appointment of Greg Smith, previously CEO of Icebreaker, as the new Chief Executive Officer of Cavalier Corporation Limited. ... Greg has extensive international business experience, running iconic New Zealand companies and helping them to scale on the world stage. He was with Icebreaker for eight years, holding the position of CEO and Brand President for almost four years. Prior to that, Greg held senior executive roles at Michael Hill Jeweller for over 21 years.

[bull....]

good points.

be in cash when it settles in the balance sheet. i reckon by next reporting date they have 35c of cash in the bank. effectively your paying nothing for there other assets at current prices. people only starting to realise just now

just as the price was starting to move nzx queries it lol , up 45% in last 3 mths. took a bit longer than i thought for market to realise in the 30s was free money

[winner69]

Godfrey Hirst must be hurting a bit

Wanting CAV to stop making claims about how good wool is

http://nzx-prod-s7fsd7f98s.s3-websit...284/351056.pdf

[Brain]

Godfrey Hirst must be hurting a bit

Wanting CAV to stop making claims about how good wool is

http://nzx-prod-s7fsd7f98s.s3-websit...284/351056.pdf

I think Godfrey Hirst are in the process of shooting themselves in the foot. This should be a great opportunity for Cavalier. I usually stay well clear of companies that get involved with lawsuits but I will make an exception for this one.

[Brain]

12% jump today. Maybe the market is beginning to realise the free marketing that Godfrey Hirst will be giving cavalier.
Little New Zealand company daring to use renewable wool in their carpet being monstered by an American company that uses synthetics.

Cav might be going quite well. The brain household has decided to re-carpet with bremworth and we have to wait to the end of November because the carpet we chose is out of stock and it is one of their more expensive carpets.

[bull....]

bullish price action on the daily and weekly charts , matter of time before i reckon before 40c is taken out then 60c is next resistance area

we reached our second target 60c nearly a 100% return now , not to shabby for a company nobody liked on this thread.

[Leftfield]

we reached our second target 60c nearly a 100% return now , not to shabby for a company nobody liked on this thread.

Still don't like it..... but well done you!