Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
- Forums
- NZX - By Stock
- CVT
- Ann: HALFYR: CVT: Comvita Half Year Result and Di
CVT
comvita limited
Add to My Watchlist
1.92%
!
51.0¢

Ann: HALFYR: CVT: Comvita Half Year Result and Di
-
-
Share
These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
- *Removed* this post has been removed from public view
-
-
Share
- *Removed* this post has been removed from public view
-
Share
- *Removed* this post has been removed from public view
-
Share
- *Removed* this post has been removed from public view
-
Share
- *Removed* this post has been removed from public view
-
Share
I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
-
Share
- *Removed* this post has been removed from public view
-
Share
The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
-
Share
A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
-
Share
I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
- *Removed* this post has been removed from public view
-
Share
It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
-
Share
I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
-
-
Share
I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
-
Share
There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
- *Removed* this post has been removed from public view
-
-
Share
Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
- *Removed* this post has been removed from public view
-
Share
- Release Date: 28/11/13 10:32
- Summary: HALFYR: CVT: Comvita Half Year Result and Dividend
- Price Sensitive: No
- Download Document 9.24KB
CVT 28/11/2013 08:32 HALFYR REL: 0832 HRS Comvita Limited HALFYR: CVT: Comvita Half Year Result and Dividend Comvita's net profit after tax (NPAT) for the six months to 30 September 2013 is a loss of $0.8m on sales of $43.4. This compares to an NPAT in the prior half year period of $2.4m on sales of $45.4m. The result is in line with guidance given to the market on 11 October 2013. Comvita Chairman Neil Craig said, "For the year ended 31 March 2014, we remain confident of exceeding the $103.5m revenue and $7.4m NPAT we achieved in the 2013 financial year. Against this background, we are maintaining our 4 cents per share fully imputed interim dividend in respect of the first half year. This will be paid on 20th December 2013 for those registered on 13th December 2013. The dividend reinvestment plan will not apply." Second half sales and earnings stronger than first half Comvita CEO Brett Hewlett said, "At the time of giving our guidance on 11 October 2013, we provided a detailed explanation of why revenue and earnings are increasingly biased toward the second half of our financial year." "Comvita has historically had a year of two profit halves with the second half year sales and earnings stronger than the first half due to many of our product lines primarily being consumed in the northern hemisphere winter months. This effect is compounded by Asian tourists purchasing our products in New Zealand and Australia during the peak tourism season in our own summer. As we grow our retail infrastructure in Asia and with the Australian market continuing to be quite soft, the effect of this year of two halves is becoming more pronounced." "While sales are down for the first six months on the prior comparable period by a little over $2m, shareholders should not read too much into this", says Mr. Hewlett. "For this financial year ended 31 March 2014, we expect in excess of 60% of our total sales (56% in 2013) to be in the second half of the year. Furthermore, we necessarily carry an overhead and marketing cost structure in place for the full year, which negatively impacts our first half earnings." Mr. Hewlett said, "Trading conditions in most markets have been challenging throughout the six month period but in particular in the wholesale markets of Australia and the United Kingdom (where we have limited sales direct to the consumer), price competition was strong." "Sales in Hong Kong, our second largest market after Australia, have begun to recover from the recent food security issues which heightened consumers' scrutiny of all imported food products from New Zealand. We were hit particularly hard in the last two months of the six month period with respect to Hong Kong sales. Over the last two months, we ran a marketing campaign based around food safety which has reassured our customers of the quality and integrity of the Comvita brand as we enter the Asian high season of December through to March. We remain confident that sales in this key Asian market and other North Asian markets will be up to our budgeted figures over the second six month period." Bolstering raw material supply and security "While it is imperative to grow our revenue and profitability for the full year, we also have a strong focus on the key strategic initiative of increased control over our raw material supply and costs." "The announcement last month of the purchase of Tawari Apiaries in Gisborne provides a strong fifth hub for honey production in the North Island as well as providing a platform to build strategic, long term relationships with landowners in the East Coast region. Other Comvita wholly-owned apiary businesses are located at Kerikeri, Waikato, Whanganui and Wairarapa." "We are on target this year to have in excess of one third of our honey supplies from our 100% owned apiaries. Our strategic objective is to own 50% of our own supply of honey. The balance of our supply will come from long term contractual arrangements and partnership arrangements, which we value highly. Honey supply partnerships with Comvita involve a long term supply contract as well as access to significant knowledge of Manuka plant propagation. This is in addition to volume and value enhancing apiary production methodologies which we have built up over nearly 40 years." "Raw Manuka honey costs remain high and have impacted our gross margins over the last 12-18 months. There is mounting market resistance to continually rising prices which impacts sales generally. However, we expect this 'farm-gate' price pressure to ease in the coming year. Supply and demand will naturally come into balance with the strong honey harvest of the last and current, season. Anecdotally, honey production from the northern half of New Zealand this current season appears to be significantly larger than last year's above average volume harvest. After two very poor harvests in 2010/11 and 2011/12, this will enable Comvita to build an inventory of honey as a risk mitigation measure. Comvita's own 'in-house' production will also help our average cost of supply." Further investments for growth o The investment of $8.9m in Comvita shares by Derma Sciences, our specialist woundcare partner, will be used to support the company's apiary acquisition and harvest modernisation strategy, to ensure sufficient supply of medical-grade Manuka honey to meet the strongly growing demand for the Medihoney(TM) wound care product line. o In support of ensuring full control over quality and safety of any product we produce from Comvita, as announced on 25 September 2013, we invested a further $1m in world leading laboratory equipment. This will provide us with a competitive edge when it comes to consumer confidence and trust in our brand. o The opening of our new Comvita Tourism Centre, 'Experience Comvita' will be the focus of branding and sales for the very large numbers of mainly offshore visitors from cruise ships and organised tours. This joint venture with the Department of Discovery is new territory for Comvita with the objective not so much in the profit that will result from this operation, but brand recognition that will result in sales when visitors return to their home country. o Comvita has increased the planting programme of olive trees produced from our in-house nursery operation. More than 250,000 new trees are being planted at our new organic farm just west of Brisbane, Australia. These new trees will be ready for the first harvest of fresh olive leaf in approximately two years' time. o The Company is also investing in a number of system projects that are important in building our global sales infrastructure. These are a Point-of-Sale till system for retail outlets to better capture sales and customer data; a Demand Planner system to further optimise production planning and inventory management; an Apiary Management System to enable greater control of our expanding apiary business network and a rebuild of our website to provide a more effective, global E-commerce platform. Total capital spend of these projects is approximately $6.6m and will be completed over the next two to three years. Mr. Craig said, "We remain committed as a Board and Management to deliver both steady and growing income and dividends, and sustainable revenue growth." # Ends # For further information: Brett Hewlett, Comvita CEO, 021 740 160. Neil Craig, Comvita Chairman, 021 731 509 Julie Chadwick, Comvita Communications Manager, 021 510 693 Background information About Comvita (www.comvita.com) Comvita is an international natural health and beauty company committed to the development of innovative products, backed by credible scientific research. We are the global leader in Manuka (leptospermum) honey and fresh-picked Olive Leaf Extract, which are at the core of the Comvita product range. We have approximately one third of honey supply under our ownership with the balance of supply from long term contractual and partnership arrangements. Comvita's fresh Olive Leaf Extract is grown, harvested, extracted and bottled at the world's largest specialised olive leaf grove, with over 580,000 olive trees. Comvita sells into more than 18 countries through a network of wholesale and third-party outlets and online. We have offices in New Zealand, Australia, Hong Kong, Japan, Taiwan, South Korea and the United Kingdom. Comvita Limited Results for announcement to the market Reporting Period 6 months to 30 September 2013 Previous Reporting Period 6 months to 30 September 2012 This report, including the results for the previous reported half year, is consistent with the unaudited interim financial statements of Comvita Limited for the six months ended 30 September 2013. Consolidated Results 1. Results $NZ 000 Revenue from ordinary activities Current half year $43,362 Down 4.6% Previous reported half year $45,434 Profit from ordinary activities after tax attributable to security holder Current half year ($790) Down 133.1% Previous reported half year $2,386 Net profit attributable to security holders Current half year ($768) Down 132.4% Previous reported half year $2,386 2. Net Tangible Assets per Security As at 30 September 2013 $1.47 As at 30 September 2012 $1.21 3. Interim Dividend Amount per security - 4 cents Fully imputed Record date is 13 December 2013 Dividend payment date is 20 December 2013 End CA:00244404 For:CVT Type:HALFYR Time:2013-11-28 08:32:36
Price at posting: $3.65 Sentiment: None Disclosure: Held -
-
Share
We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
-
Share
I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
- *Removed* this post has been removed from public view
-
Share
Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
- *Removed* this post has been removed from public view
-
Share
If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
-
Share
No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
- *Removed* this post has been removed from public view
-
Share
- *Removed* this post has been removed from public view
-
Share
He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
---
Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
---
Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
---
Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
---
These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
- *Removed* this post has been removed from public view
-
Share
This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
- *Removed* this post has been removed from public view
-
Share
The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
- *Removed* this post has been removed from public view
-
Share
CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
-
Share
Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
-
Share
Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
- *Removed* this post has been removed from public view
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
The Watchlist
RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
SPONSORED BY The Market Online