Discover and read the best of Twitter Threads about #lindemans

Most recents (1)

Treasury Wine Estates $TWE $TWE.AX is a global premium wine producer, owner of Penfolds Grange – a collector’s item. Recently it has been hit hard by Covid-19 and China-Australia trade wars. Earnings are down, but is there an asset play? Let’s take a deep dive. 👇
1. Investment Thesis: I prefer stalwarts, but this looks like a decent one-sided asset bet with significant optionality (takeovers, divestments, new markets, completion of trade wars, or return to earnings). The sum-of-its-parts valuation shows it’s may be heavily undervalued.
2. Macro: The earliest remnants of wine date back to the Neolithic period (c.8500BC) – arguably one of the most disruption-proof industries. People will continue to drink wine I suspect for another 10,000 years toboot.. Image
Read 23 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!