I was very interested to see that Morningstar had assigned this a wide moat rating with a medium uncertainty rating. It made me sit up and take more notice of this company, and I added again to the position today. I'm assuming this is because of its interest in alcohol retailers
In contrast WOW has only a narrow economic mote with a high uncertainty rating. (This kind of surprised me a little that it would have a high risk rating with a narrow moat).
- WOW divested EDV because it wants to separate divisions (ethical versus send as nonethical) while I don't really know I'm guessing a sell down of their further investment interests is logical??
If they are using the wow distribution network I would hope that productive partnership continues and assume of course there's some kind of reverberation for the services.
Anyone any thoughts on the moat rating. They have really given it a very high rating.
EDV Price at posting:
$5.16 Sentiment: None Disclosure: Held
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.
(20min delay)