TWE treasury wine estates limited

Chinese reports of a possible resolution to the Chinese tariffs on Australian wine., page-6

  1. 18,369 Posts.
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    Good to see you here as well mate. I've been in this a while, managed to get a decent parcel at $9 soon after the tariffs were announced. Love Penfolds so didn't even hesitate to buy up after the sell off. Adopted the investment methodology of "buying what you like" with this one, plus it was a good excuse to drink more wine!

    I think they've done a great job navigating these waters and moving away from a reliance on China, to such an extent that China is not even an essential market any more imo. Nonetheless, I'd love to see the Chinese market open back up, as it was definitely quite lucrative.

    Haven't been watching this one too closely, but will definitely keep a close eye on how this tariff situation evolves.
 
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