Wake Up! Resources are sooo Last Season...

[shasta]

Can we start posting on something other than oil/gas/minerals now?

Consumer staples and industrials are the new black!

I'm keen to look again into Viticulture, although not just yet...

[shasta]

I'm keen to look again into Viticulture, although not just yet...

As a side interest (that may or may not lead to an investment) i'm watching two "non resource" companies, that are worth a mention.

LWB - Little World Beverages - a boutique brewery of premium beers
http://www.asx.com.au/asxpdf/2008082...fs8m5xz5by.pdf
AVG - Australian Vintage (formerly MGW) A Winemaker, Wine Marketing & Vineyard Management.
http://www.asx.com.au/asxpdf/2008082...4gqbs0dm63.pdf

Both are profitable companies (LWB pays 4.6cps divvie 30% franked) & AVG has had a masive turnaround over the last 12 months.

AVG has sold off $80m worth of unutilised assets/wineries to refocus.

I've always believed the Australian drought would eventually "weed out the financially weak" & bring the wine supply v demand back to normal, leading to better prices & margins.

I had thought this would occur mid-late 2009, but perhaps this may turn sooner than i realised?

Anyway, thought i'd share my thoughts