Comvita - CVT

[Beagle]

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...