Balanced Portfolio - SELL (Take profit +16%) Treasury Wine Estate (TWE)
Date: 27/2/2024
*** GENERAL AVICE ONLY***
Treasury Wine Estate (TWE) Treasury Wine Estates Limited (TWE) is a global wine company Consumers in more than 70 countries enjoy our iconic wines, available in major retailers, premium wine outlets, restaurants, bars, and online channels, 2500 members, Our world-class team has a presence across Australia, New Zealand, Asia, the Americas, the United Kingdom, Europe, the Middle East, and Africa. Penfolds, Treasury Premium Brands, and Treasury Americas are supported by centralised business services, supply, and corporate functions Our global multi-regional sourcing model is at the heart of our business. It includes 10100 vineyards and production assets in some of the world’s best wine regions
TWE has done very well over the last month and reporting was as expected. We are trimming half the position to lock in profits and looking to get back in if the stock falls.
PE: 35
Mkt Cap: $9.9B
Telix Pharma (TLX) – Take profit 1.5% with 1.5% allocation remaining in the portfolio
Entry: $10.5 | Exit: $12.20| Profit: 16%
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.