I just checked my share portfolio on the Commsec app and am reminded that my decision to liquidate most of my Treasury Wine Estate shares two and a half months ago was an unintentionally astute move (unlike most of my share purchase and sale decisions). You see, this morning Treasury did a revised earnings guidance …
Tag Archives: wine
Wine Industry Conditions The Worst In 40 Years?
As the few readers of this blog would know, I enjoy wine, particularly red wine. I also own shares in Treasury Wine Estate, the main (virtually sole) wine company publicly listed on the ASX. Last week, I went to a winery dinner at a pub in South Melbourne. The convenor of the Bottle Club I …
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Investing In Wine Companies Does Not Seem Like A Good Idea Right Now
I know a fellow who has, as his What’s App profile, a photo of the Bentley he possesses via hire purchase. As I discovered when he boasted to me and some others of his acquaintances (he is difficult to like enough to have real friends), a Bentley is far more expensive than a Ferrari or …
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In Which I Join Treasury Wine Estate’s Shareholder Online Wine Shop
Apologies in advance if this post reads a bit like a kid in a candy store, but wine is one of my favourite subjects, and it gets exciting to make some new discoveries or rediscoveries. My Treasury Wine Estate dividend was paid on Wednesday – $200. When I read the email notice of the dividend …
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The Veuve Clicquot
I must admit, for all that I love wine and spend lots of money drinking premium reds, I count the times I have actually drank real Champagne, as in the stuff they make in that region of France, rather than other sparkling ones, on one hand. I probably should explain myself a little better. In …
The Imminent Demise Of Lambrusco?
Being Australian means that my default red wine is Shiraz. My preference is for the big, sugary, high in alcohol version of Shiraz that you usually find in North Eastern Victoria, particularly around Rutherglen. I am not too finicky though, and I am fine with most dry reds – for instance, my best friend and …
Australian Vintage Group Continues To Spiral….
Readers of my blog will know that I am a shareholder in Treasury Wine Estates, and that I recently attended the Treasury AGM – mostly to enjoy the free drinks afterwards (mostly Penfolds Bin 28 shiraz). During the AGM, someone on the Board mentioned that TWE is doing very well in comparison to other wine …
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Will Artificial Intelligence Eliminate Wine Critics First?
I never have quite binged on Evelyn Waugh’s novels, which is probably a good thing. I was 15 when I first read Decline and Fall, which I loved, but then was disappointed by his second novel, Vile Bodies. I suppose that 15 year olds do not quite get the irony and the self-deprecating social commentary …
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Lost For Words! 