Hindus aren't exactly known for being big drinkers but the Chinese certainly are; secondly, how many of those Hindus can even afford aussie wine? You expect a slum dog or the Indian elites would rather choose Australian wines, over French wine?
There simply isn't a market that can replace China, especially now.
Secondly, the hoity toy looking to impress friends with aussie wine is so 2010, the sentiment in China is more patriotically consumer driven especially after Trump and Pompeo tried to kill Chinese firms and steal chinese companies.
In any case, I'm changing my sentiment to sell, i don't have confidence that this government will do what's necessary to enable TWE to succeed.
What is TWE Worth Ex-China?, page-50
-
- There are more pages in this discussion • 210 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
$11.97 |
Change
0.910(8.23%) |
Mkt cap ! $9.712B | |||
| Open | High | Low | Value | Volume |
| $11.35 | $12.08 | $11.27 | $95.71M | 8.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23246 | $11.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.00 | 72 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TWE (ASX) Chart |