Treasury Wine Estates Ltd (ASX:TWE) is a world-leader in winemaking and brand marketing with some 13,000 hectares of vineyards available and around 3,400 employees across 70 countries. Some of more popular brands include Lindeman’s, Penfolds, Pepperjack, Rosemount, Yellowglen and Wolf Blass.
In a follow-up to the bull case for Treasury Wine Estates Ltd (ASX:TWE), today I will be outlining the bear case for the business.
Treasury Wine shares have fallen 35% since January 2020. Here, I present the bull case for the company and why its not all negative.
The Treasury Wines Estates Ltd (ASX:TWE) share price has bubbled up around 5% after giving investors an update about business progress.
The ASX 200 (ASX:XJO) is tipped to push higher when the market opens on Tuesday. REA (ASX:REA), AMP (ASX:AMP) and Netwealth (ASX:NWL) shares are in the news.
The Treasury Wine Estates Ltd (ASX:TWE) share price could come under more pressure today after China’s tariff news.
The Treasury Wine Estates Ltd (ASX:TWE) share price could pop today after announcing a long term agreement for its US portfolio.
The ASX 200 (ASX:XJO) is set to open higher on Tuesday. Treasury Wine (ASX:TWE), Santos (ASX:STO) and Nuix (ASX:NXL) shares are making headlines.
The Treasury Wine Estates Ltd (ASX:TWE) share price jumped 6.4% yesterday after news of a rumoured takeover offer.
Shares in Treasury Wine Estates Ltd (ASX: TWE) soared nearly 10% on open this morning after a UK newspaper indicated that a French winemaker may be interested in the business.