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01-03-2017, 02:59 PM
#881
Originally Posted by Apathy
I am a convert - you can not help but admire the resilience, determination and optimism of this committed management team.
Anyone of the the previous set backs would have sent lesser men fleeing but not these guys. Nope.
Massive losses, no sales, no sign of profitability - all just minor judder bars on the road to success as they set about purchasing container loads of raw material with nothing but strength of purpose and unwavering optimism to justify it.
Puts a lump in my throat...
They're not called SeaDragon for nothing
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01-03-2017, 03:03 PM
#882
They'll certainly be doing a lot of dragging on Comvita's cash flow and profit and loss account that's for sure...just at a time when Comvita have enough problems of their own to deal with.
Fish oil is fish oil...this one only for the committed believers who think Omega 3 fish oil is the bees knees. Trading at .6 of one cent suggests the viability of their business model is roughly about as good as IQE
Last edited by Beagle; 01-03-2017 at 03:07 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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01-03-2017, 03:34 PM
#883
Originally Posted by Roger
They'll certainly be doing a lot of dragging on Comvita's cash flow and profit and loss account that's for sure...just at a time when Comvita have enough problems of their own to deal with.
Fish oil is fish oil...this one only for the committed believers who think Omega 3 fish oil is the bees knees. Trading at .6 of one cent suggests the viability of their business model is roughly about as good as IQE
CVT are no longer a factor - pretty sure they are now under 10% stake so really are an irrelevant minor shareholder. They just have to take the remaining hit on their balance sheet.
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01-03-2017, 04:01 PM
#884
What % do the Stewart connection hold?
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01-03-2017, 04:39 PM
#885
Originally Posted by Apathy
CVT are no longer a factor - pretty sure they are now under 10% stake so really are an irrelevant minor shareholder. They just have to take the remaining hit on their balance sheet.
Dig some digging. They wrote of $2.8m in Sea Dragon options in the last reporting period to 31 December. Guess they know a dud when they see one.
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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02-03-2017, 12:57 PM
#886
[QUOTE=
We now have a signed supply agreement for approximately 500,000 to 750,000 kg of CTO from the Indian Ocean over the next 12 months, along with agreed supply of approximately 500,000 to 1,000,000 kg from the South Pacific, South East Asia and South America. [/QUOTE]
And this from SeaDragon web site....Core value – Product of New Zealand
At SeaDragon, our locations means we are in the unique position of being able to provide New Zealand sourced and manufactured products to the world.
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02-03-2017, 04:38 PM
#887
Member
Originally Posted by ari
And this from SeaDragon web site....Core value – Product of New Zealand
At SeaDragon, our locations means we are in the unique position of being able to provide New Zealand sourced and manufactured products to the world.
move on ari, move on ....
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02-03-2017, 07:26 PM
#888
Originally Posted by podg
move on ari, move on ....
Perhaps you have something to add PODG other than your cryptic comments.......
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02-03-2017, 10:02 PM
#889
Member
Originally Posted by ari
Perhaps you have something to add PODG other than your cryptic comments.......
cryptic ?? hardly. you posted just yesterday ... nothing to see here .... move on. your words. all you need to do now is action those words ..... and move on. simple.
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03-03-2017, 03:24 AM
#890
Originally Posted by podg
cryptic ?? hardly. you posted just yesterday ... nothing to see here .... move on. your words. all you need to do now is action those words ..... and move on. simple.
Hard to move on while they keep providing such comedy - didn't they win an export report? Only exporting happening here is shareholder value!
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