TWE 0.18% $10.82 treasury wine estates limited

I don't see there is a need for TWE going to any wine show like...

  1. 47 Posts.
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    I don't see there is a need for TWE going to any wine show like Vinexpo or Chinese market pool. Reason is easy, everyone knows Penfolds already and their products are so so popular that people start making fake Penfold into market. Sad point is that there are heaps of decent wineries produce even better drops with even cheaper price BUT people still love to see Penfolds logo on the bottle. As wine industry is booming in China, TWE is growing their net profit easy so easy with excellent maketing strategy, their new g3 sells unbelievable 3000 dollars for one bottle and cost is so low. cost of making wine won't change too much. Just pick up the fruit, and pours into the barrel. Just like Chines Mao Tai Rice Alcohol, share price 600 RMB per share. So buy or not buy? U say.
 
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