CKR cockatoo ridge wines limited

Sales up...profit down 42%.....Could be a good 'counter...

  1. 5,884 Posts.
    lightbulb Created with Sketch. 89
    Sales up...profit down 42%.....

    Could be a good 'counter cyclical' buy if you think the grape glut is turning....best estimates say grape glut is hear for another two years ......

    At least CKR still turning a profit.....just....Better than some of the larger names in the game who are dumping product on market causing pain for all....

    Volumes increasing could merely be a result of takeover of Normans & Xanadu brands...

    Know more tomorrow.....
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.