Market sentiment for wine companies is pretty poor at the moment so I’ve taken this opportunity to buy some Evans & Tate (ETW) @ 83c.The management looks excellent, profits are good and increasing, they pay good dividends and their trading on a low PER, so for my money they’re probably the best investment in the sector.
There seems to have been a large seller at 88c for the last 2 days and I’m hoping he’ll run out of shares soon. Time will tell I guess.
Any thoughts anyone.
Tim
Market sentiment for wine companies is pretty poor at the moment...
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