Quote Originally Posted by soltrader View Post
Any got any thoughts on this wine company?
Do you mean general thoughts about their business strategy, or about what happening right now?
SP been meandering upwards through the recent meltdown.
-US exporter so exchange-rate dependant, but a premium product so not such knife-edge margins that threatren viabilty of exporting strategy.
-Internationally, some wine gluts (EU). But not at premium end of the market. And DGL trying to make it all about the brand (at 2 levels: NZ; Oyster Bay)
-Will the US ec slowdown affect premium-end american wine drinkers ability to drink what they want?
-Globally a little fish in a big sea. Typical kiwi - does it's homework and punches above it's weight.
Hold.