Angela Aldrich Short Treasury Wine Estates: Sohn New York Conference | Value Investing News

Angela Aldrich Short Treasury Wine Estates: Sohn New York Conference

  • Angela Aldrich's Sohn New York Presentation
  • Only high end is growing (which is small)o Millennials not drinking wine (drink spirits and smoke pot)o Penfolds big in China.
  • Now selling for $8.99.o In house distribution not going wello Looking for 50% downside at a generous 19 times forward earningso Business is not growing.
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