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Originally Posted by
sartis888
I agree.
The recent half year results show that Comvita has turned the ship around. The one area that is holding them back is related to the Covid-19 pandemic.
From the recent half year results: 'The business in Australia and New Zealand has traditionally been focused on tourism, travel, Daigou ...' and 'COVID disruptions have had a material impact on revenue and earnings (particularly in Australia).'
There is no doubt that the new Covid-19 vaccines are game changers. Although it will take time, the probability that all of the factors mentioned above (tourism, travel, Daigou) will improve is high.
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