CAV - Cavalier Corp (Carpets)

**Scrunch** · 13-08-2021, 08:40 AM

Originally Posted by Left field

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

But you would need to agree its ESG credentials (well at least the E bit) have improved as CAV shifted away from making plastic carpets aka synthetic carpets. Quite a few investors are increasingly looking at ESG.

**Brain** · 13-08-2021, 08:48 AM

Originally Posted by Left field

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

I can remember the good days for cavalier where they were most of my portfolio. They paid a good dividend, excellent communication with shareholders and they always did what they said they would do. From memory (which on occasions is a bit dodgy I would admit) the share price rose to $4 per share and paid about 25c dividend. Then it all slowly went to custard. People wanted to buy synthetic carpets. Now things have changed again in my opinion.
Good old renewable wool, CO2 storage and that international company using synthetics monstering poor old cavalier,the good little kiwi company doing its best for the environment.

All looks promising to me. But I admit I am biased as I think natural materials are great and I am puzzled why other people do not have the same view.

**bull....** · 13-08-2021, 09:31 AM

Originally Posted by Left field

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

investing for me is never about liking the company , its about how much money i can make

**Leftfield** · 13-08-2021, 11:19 AM

Good points folks....... I've clearly let years of frustration with this company effect my judgement tho' I never held.

Always good to be open minded and I've been guilty of having a closed mind on this. GLH.

**Ferg** · 13-08-2021, 10:58 PM

Originally Posted by Brain

I am puzzled why other people do not have the same view.

Carpet beetle doesn't eat synthetic carpets.
https://www.kiwicare.co.nz/problem/carpet-beetle/
It is nigh on impossible to be rid of it.
No more wool carpets for me sorry.

**kiora** · 14-08-2021, 05:13 AM

"Deterring carpet beetle
Your carpet has been treated with an insect resist agent to deter carpet beetle and infestation from moths
and other insects. It is important to note the insect resist chemical is embedded in the carpet fibre and needs
to be eaten by the insect to have an effect and stop further spreading – this will mean fibre loss can occur.
This treatment does not stop insects from entering your home. Thorough and regular vacuuming around
the skirting boards and under infrequently-moved furniture will help prevent infestation. Failure to properly
maintain these areas will void all or part of the warranty coverage."
http://www.bremworth.co.nz/attachmen...vember-201.pdf