Comvita - CVT

[stoploss]

lol, that's pretty funny. The previous disclosure was an on market sell.

I dunno what to say. I'm watching this everyday. Still haven't re-entered. I'm gonna chuck $100k on this, just a question of when.

AB’s are paying 1.03 tomorrow night might be a better bet

[Ogg]

I'd de-risk such a brave investment by waiting until it breaks up through the 100 day moving average if I were you, (assuming this ever happens lol) but I get this funny feeling you'll ignore this good sensible risk mitigation suggestion so it'll wish you good luck as well because I think you'll need it

Maybe I'll wait for the 30 day MA. This recent drop/sell down is on low volume. Just no support/buyers except for management, lol...Might buy some TME shares believe it or not, what you reckon?

AB’s are paying 1.03 tomorrow night might be a better bet

Thanks for the lols.

[Beagle]

TME a far better bet than CVT in my opinion. http://www.4-traders.com/TRADE-ME-GR...019/consensus/
Interestingly that's a share that's hardly ever discussed on here which is probably a good sign lol
Reasonable PE given its entrenched position and reasonable growth projections and dividend yield. Brokers have a very wide spread of opinion.

Not one I follow or own but doesn't look too bad. Technical's look okay too.

[Marilyn Munroe]

The overseas investors that were running the ruler over Comvita have departed but not to worry its onward and upwards;

"Comvita buys 20% stake in Uruguay's Apiter for US$6.25M"

http://www.scoop.co.nz/stories/BU180...for-us625m.htm

Boop boop de do
Marilyn

[winner69]

CZZ Capilano Honey being taken over

Just imagine CVT on these multiples

For Capilano shareholders, the Cash Consideration of $20.06 per share values Capilano’s equity4 at approximately $189.7m, representing:

1. 28.2% premium to Capilano’s closing share price of $15.65 on 10 August 2018;
2. 25.3% premium to Capilano’s VWAP for the 30-day period ($16.01) ended 10 August 2018;
3. a P / E multiple of 19.3x (financial year end 30 June 2018);
4. and an EV / EBITDA multiple of 12.5x (financial year ended 30 June 2018).

[Ogg]

CZZ Capilano Honey being taken over

Just imagine CVT on these multiples

For Capilano shareholders, the Cash Consideration of $20.06 per share values Capilano’s equity4 at approximately $189.7m, representing:

1. 28.2% premium to Capilano’s closing share price of $15.65 on 10 August 2018;
2. 25.3% premium to Capilano’s VWAP for the 30-day period ($16.01) ended 10 August 2018;
3. a P / E multiple of 19.3x (financial year end 30 June 2018);
4. and an EV / EBITDA multiple of 12.5x (financial year ended 30 June 2018).

Wow. So CZZ is getting bought out for NZD $211m, while CVT is worth NZD $250m, just lol, market is so dumb. Time to just shut down the NZX and move everybody over to the ASX main board.

[winner69]

Comvita announces FY resultbtoday

Always an interesting event

[bull....]

Comvita announces FY resultbtoday

Always an interesting event

its a disaster

https://www.nzx.com/announcements/322500

and they do not have confidence going forward as they have dropped there div policy going forward

[BlackPeter]

its a disaster

https://www.nzx.com/announcements/322500

and they do not have confidence going forward as they have dropped there div policy going forward

Don't be that harsh - I guess they still made a profit and not a loss, i.e. the share must be worth something ;

Agree however that I would see this "something" significantly lower than the market does ;

[winner69]

its a disaster

https://www.nzx.com/announcements/322500

and they do not have confidence going forward as they have dropped there div policy going forward

Need to cut divie because they are a high growth company

Positive outlook for F19 ...that’s good