Treasury Wine Estate’s Alan Bond Moment….

Kerry Packer was famous for many things, but his most famous quote was probably saying that you only have one Alan Bond come along in your lifetime. What he was referring to was his sale of Channel 9 to Alan Bond at a premium price, which was followed, several years later, by Alan Bond selling …

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 …

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 …

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 …