CKR 0.00% 0.3¢ cockatoo ridge wines limited

good value at these prices, page-7

  1. 642 Posts.
    re: why is this company languishing? Analyser, taking your quote:
    profits have declined - as have operating margins and return on equity and assets ...
    I agree that that's a problem. But, perhaps it's also caused by some cyclical factors. For instance ... our dollar is stll too strong ... which keeps export sales down. Also, the industry went through a massive boom and then suddenly a massive glut with an oversupply of grapes and an overcrowded market.
    I read a few months ago that the new middle class in China are buying our wine ... this could be a massive opportunity for these wineries if they use their brains!
 
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Currently unlisted public company.

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