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View Full Version : YWG - Yealands Wine Group


nextbigthing
10-06-2015, 12:43 PM
Anybody know anything about this? Potential IPO.

http://www.stuff.co.nz/business/industries/69250234/peter-yealands-denies-that-marlborough-wine-company-is-sold-or-on-market
stoploss
02-07-2015, 09:09 PM
Yea wine industry goes like the Dairy industry and all they will do is put the lines charges up ......
imo, think they should be sticking to their knitting ....
Lola
02-07-2015, 09:14 PM
Yea wine industry goes like the Dairy industry and all they will do is put the lines charges up ......
imo, think they should be sticking to their knitting ....

Agreed. Stay clear. Take a close look at what the banker boys will be taking back...all out of revaluations....nothing changes.
percy
02-07-2015, 09:19 PM
Well, there is no way anyone saw this coming! WTF?
http://www.stuff.co.nz/business/industries/69862966/marlborough-lines-buys-80pc-stake-in-yealands-wine-group

Maybe instead of our $50 customer refund we'll be getting half a case of Yealands wine. I'd rather the money personally.

Would you mind if I took your wine?
I would offcourse pay you the $50.
Very nice Sav..
Xerof
02-07-2015, 09:27 PM
Marlborough Lines, Vines and Wines

Has a nice ring about it.......
Harvey Specter
02-07-2015, 09:31 PM
Well, there is no way anyone saw this coming! WTF?
http://www.stuff.co.nz/business/industries/69862966/marlborough-lines-buys-80pc-stake-in-yealands-wine-group
the trustees need to be careful. Lack of diversification is breach of fiduciary duty. I'm sure the trustee deed allows it in respect of the lines business but in relation to discretionary investments - risky.
Crackity
02-07-2015, 09:46 PM
Indeed Harvey

otherwise it will be Marlborough Lines, Vines , Wines and Fines.....
stoploss
02-07-2015, 10:14 PM
the trustees need to be careful. Lack of diversification is breach of fiduciary duty. I'm sure the trustee deed allows it in respect of the lines business but in relation to discretionary investments - risky.

Yes very risky investment , one adverse weather system wipes you out for a year, not to mention a number of diseases that could arrive here and destroy the vines as well. Very competitive industry ... it was only the 1980's the Govt was paying growers to rip out vines .....