Today actually, good to see an increase in ROE
Booming China sales will help Treasury Wine Estates double its return on equity over the next three years by boosting the value of its $1.7 billion wine inventory, according to Bank of America Merrill Lynch analyst David Errington.
- JOHN DURIE
- The Australian
- 3:31PM October 19, 2017
In a note released today, Errington said the winemaker (TWE) would increase its asset return from 0.4 to 0.6 per cent which will help double return on equity to 16 per cent.
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Last
$8.03 |
Change
-0.050(0.62%) |
Mkt cap ! $6.515B | |||
| Open | High | Low | Value | Volume |
| $8.07 | $8.09 | $7.97 | $23.82M | 2.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4935 | $8.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.04 | 16754 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| TWE (ASX) Chart |