Topical articles

Wednesday, 19 Dec 2018
< Back to Home

BUY HOLD SELL - TWE

Treasury Wine Estates – Bottoms up!

Why look at Treasury?

After having a charmed run and enjoying market darling status for the best part of three years, TWE wobbled in 2018 and has pulled back sharply from the yearly high.

The company has also made the news a number of times, often for the wrong reasons.

There were calls from Chinese retailers of oversupply, demand issues, and heavy discounting, whilst there have also been major concerns about oversupply in the US.

Whilst it is some time ago, we should not forget that in 2013 TWE literally tipped around $35m of wine down the drain as part of a $160m write-down, due to oversupply Stateside.

They simply got it wrong in terms of demand, to the tune of

...Continue Reading





Share this article:


 

STOCK MARKET
ADVICE

There is no other share market newsletter like it


Sign up for a 14-day trial

Start maximising your investments right now with a free 14-day Marcus Today trial.

Once you've signed up:

  1. We'll send you an email to confirm your new account

  2. Click on the link in the email to activate your account

  3. Enjoy your new 14-day Marcus Today trial