china and wine, page-17

I have a mate who is a corporate doctor (successful one). One of his take home messages is that it is much more important to be in the right industry (business) at the right time, than to have a company that is well managed.

Having travelled throughout China over the last few months, and after having looked for and bought a bottle of red most nights, it looks like you can make great money exporting Australian wine to China.

Thought about giving it a go myself, but getting too old and lazy, and decided to pick up some of this stock instead. Hope Byte have at least average managers and that there aren't hidden hurdles that kill the opportunity.

Luck to others holding