Setting up apiaries in Aus will derisk things as well.
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Setting up apiaries in Aus will derisk things as well.
Plenty of other players in this sector e.g. these smart operators who've been in the business for 53 years who I will pay a visit too next week when down that way. https://www.hukahoneyhive.com/recipes.html Comvita have mad a complete dog's breakfast of previous forecasting so this hound wonders why anyone would believe their latest speculative earnings guess ? What they'll really make this year or next, your guess is as good as mine and probably at least as good as management's. Its perfectly obvious to me this cyclical agriculural producer deserves a PE rating commensurate with other cyclical agri stocks based on whatever guess you might want to make regarding normalized earnings.
jeez share price on fire of late
nearly 9 bucks again ....might even get back to those highs of 12 bucks plus
that be good
"Senior chemistry lecturer Dr Peter Brooks from the University of the Sunshine Coast told the ABC the chemical profiles of New Zealand mānuka honey and Australian mānuka honey were almost indistinguishable"
Australia hits back in mānuka honey standoff
Radio this morning ......bees loving the warm weather so bumper honey season
Good news for Commit a
Share price back to 10 bucks next year ....but the 12 bucks of a year or so ago a step too far?
Worthwhile assessing how the game has changed as over 100 now in the UMF space with the great equalizer to come - government imposed standard.
I was in one of the health shops over the weekend and stunned by the number of brands now with UMF.
Comvita was sitting forlornly in the corner, competitors being 10% to 15% cheaper.
Interesting times ahead.
Manuka honey crop in Northland is poor again. Warm weather has come too late after a cold and windy spring. Very similar conditions through spring as last year. The rest of the country might be all right as their season is about to kick off.
Discl. Comvita employee
Anyone got any info on how the season is doing this year? Alot of rain lately probably isn't helping.
this might help , looks like conditions have got softer of late
http://www.scoop.co.nz/stories/BU180...ey-volumes.htm