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27-04-2021, 09:11 AM
#1951
News which seem to have been missed in recent postings :
"Comvita, the global leader in UMF™ Manuka Honey, announced today it has taken the #1 spot for dollar growth in the trending Manuka Honey category over the last 52 weeks, according to January 24, 2021 SPINS data for the U.S. market. With a recent retail demand surge, Comvita has added over 1,600 Kroger locations, 750 Vitamin Shoppes and hundreds of regional natural and premium grocers to its retail roster including Fresh Thyme, Rouse's, Gelson's, and Bristol Farms. Comvita's tremendous retail expansion paired with a stronger digital footprint than any other Manuka brand has allowed the award-winning company to secure its fastest growing brand status with consumers in the increasing US market."
https://www.prnewswire.com/news-rele...301269541.html
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27-04-2021, 09:23 AM
#1952
Originally Posted by Balance
News which seem to have been missed in recent postings :
"Comvita, the global leader in UMF™ Manuka Honey, announced today it has taken the #1 spot for dollar growth in the trending Manuka Honey category over the last 52 weeks, according to January 24, 2021 SPINS data for the U.S. market. With a recent retail demand surge, Comvita has added over 1,600 Kroger locations, 750 Vitamin Shoppes and hundreds of regional natural and premium grocers to its retail roster including Fresh Thyme, Rouse's, Gelson's, and Bristol Farms. Comvita's tremendous retail expansion paired with a stronger digital footprint than any other Manuka brand has allowed the award-winning company to secure its fastest growing brand status with consumers in the increasing US market."
https://www.prnewswire.com/news-rele...301269541.html
Thanks for the article
"Comvita, who pioneered the entire Manuka Honey category in the 1970s across New Zealand and Asia".
For a company that is largely responsible for the Manuka category they deserve the accolades. Maybe similar to kiwifruit, which in recent years has been growing strongly, but how many years did kiwifruit take from inception. Momentum building for Comvita?
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27-04-2021, 09:52 AM
#1953
Originally Posted by BlackPeter
Well, I do see them at current as a solid agricultural business with appropriate P/E ... and I think that the forecasts sort of see the same thing.
However - it is well possible that stock or consumer market hype or both will catch them (like it used to catch e.g. ATM and SML during their better times for selling this magic milk more people can digest without problems) and reward CVT for selling this magic Manuka honey which cures everything and is good for eternal beauty as well - best thing after ingesting deer penis or similar ..
I'd consider this hype (if it eventuates) as a bonus - and this would be when the exponential earning rates come in :
Otherwise - with the right management - just a nice solid long term hold and dividend earner. Anyway, that's like I see it.
How apt a chap called BlackPeter has seen a new direction for CVT.
The unsuccessful foray into Omega oil can be replaced with a deer penis factory, for addition into Aphrodisiacal Honey.
Put some sting in ya thing.
As Balance would say, Stags will be venison that day.
That will make the share price go up.
It will give the wild Tigers a day off.
Last edited by Getty; 27-04-2021 at 09:56 AM.
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27-04-2021, 11:35 AM
#1954
Originally Posted by Getty
How apt a chap called BlackPeter has seen a new direction for CVT.
The unsuccessful foray into Omega oil can be replaced with a deer penis factory, for addition into Aphrodisiacal Honey.
Put some sting in ya thing.
As Balance would say, Stags will be venison that day.
That will make the share price go up.
It will give the wild Tigers a day off.
And this is how our money is kept safe. It stinks of desperation, as if honey is being bypassed, or has reached its saturation point. Does not bode well for the future.
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27-04-2021, 12:05 PM
#1955
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27-04-2021, 12:13 PM
#1956
The Stags will be trying hard to miss the cut off date...
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27-04-2021, 01:03 PM
#1957
Originally Posted by bottomfeeder
And this is how our money is kept safe. It stinks of desperation, as if honey is being bypassed, or has reached its saturation point. Does not bode well for the future.
Yes, if CVT is to make any doe, the stags will have to get in be hind.
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27-04-2021, 03:50 PM
#1958
Originally Posted by Habits
Thanks for the article
"Comvita, who pioneered the entire Manuka Honey category in the 1970s across New Zealand and Asia".
For a company that is largely responsible for the Manuka category they deserve the accolades. Maybe similar to kiwifruit, which in recent years has been growing strongly, but how many years did kiwifruit take from inception. Momentum building for Comvita?
Kiwifruit really only took off after the industry consolidated under the Zespri umbrella.
Could say the same thing about Manuka Honey - consolidation around the UMF & equivalent standardization.
Sp contiinues to consolidate - will be nice to see $4 by end of 2021. Steady as she goes, one upgrade after another.
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28-04-2021, 11:07 AM
#1959
is it going to break out higher , been trading in a range approx 3.1 - 3.4 for 6 mths currently at the top. if it breaks higher implies a short term target of 3.70 for the pattern
one step ahead of the herd
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28-04-2021, 04:13 PM
#1960
I'm picking another upgraded guidance sometime next month and that could catapult sp close to $4 mark and beyond depending on forward looking statements.
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