CZZ 0.00% $20.92 capilano honey limited

Hi Evan, Good question, first of all Capilano building...

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    Hi Evan,

    Good question, first of all Capilano building inventories year after year to leverage any unpredictable natural disaster.

    Column 1 Column 2 Column 3
    0 Year Inventories Growth
    1 2013 18,328,709  
    2 2014 13,736,111 -25.1%
    3 2015 23,344,295 69.9%
    4 2016 38,792,713 66.2%

    As you can see in table Capilano has reserves for almost 4 months of sales which is very good.

    Manuka supply at New Zeland dropped 60% as Comvita said 2 days ago. Comvita shares dropped to $6 and bounced to $7.30, more then 20%. Manuka supply in Australia shouldn't have anything in common with New Zeland bad weather. World Manuka price will go up and demand for Manuka is growthing very fast, more and more cosmetic companies across Europe are using Manuka honey in their products(very popular in Germany and UK at the moment).

    Column 1 Column 2 Column 3
    0 Year Net profit Growth
    1 2012 2,552,822  
    2 2013 3,446,604 35.0%
    3 2014 4,619,011 34.0%
    4 2015 7,845,647 69.9%
    5 2016 9,483,463 20.9%

    Company delivered net profit growth every year while building inventories at the same time.
 
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