The business has been bought by health and wellness company Me Today.
another operation sold, great time to get out gotta wonder whether the buyers have been sucked into the hype. Time will tell I guess .
Or the buyer understands the global longterm opportunity and sees value in getting in?You know the old maxim, past performance is no indicator of future performance.
Especially in the bee business of late
At a selling price around two thousand dollars per hive I suspect that 1. The seller did OK, and 2. Being in the business and clearly a guy with some business savvy, he was able to see the signs and know when it's time to get out.
Hmmm ..... I see longterm opportunity but don't fancy climbing in ...... but probably should.Or the buyer understands the global longterm opportunity and sees value in getting in?
Perhaps a change of vocation might be called for....Fonterra tankers are all 750 HP !warmth of the late afternoon, awaiting for the sun to rise above the mid way zenith before I climb up into that saddle of those five hundred horses and feel the thrill of the rush as they as they pull on the hills of the Divide.
I see the buyer Me Today went up .8 cent today on the back of it's full year earnings.
About as much as Jarvis. Me Today also have more brand building expertise. There are some strong fundamentals and synergy with this acquisition.“Me Today director Stephen Sinclair will take on the role of King Honey general manager.”
wonder how much beekeeping experience he has