TWE seems to represent one of those opportunities when a stock falls completely out of favour and is bouncing along the bottom for a catalyst.
The stock seems doubly depressed because of the recent takeover and the failure of China to lift wine tariffs. The takeover looks ok to me and should add to EPS while the tariff removal shouldn't be too far away. My bet is that if the profit result is about what is expected the market will recognise that TWE remains a profitable company and a major player in an industry that isn't going away.
TWE seems to represent one of those opportunities when a stock...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TWE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.01 |
Change
-0.470(4.09%) |
Mkt cap ! $8.933B | |||
| Open | High | Low | Value | Volume |
| $11.40 | $11.40 | $11.01 | $53.71M | 4.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8605 | $11.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.06 | 2040 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| TWE (ASX) Chart |