Treasury Wine Estates Ltd (ASX:TWE) shareholders still whining

Global wine giant Treasury Wine Estates Ltd (ASX: TWE) is still waiting for a share price recovery after news of complications with Chinese operations due to export certificate issues has seen share price falls – with Treasury down 0.8% to $16.13 at the time of writing.

Panic about a glut of Australian wine in the Chinese market saw Treasury shares drop from $19.63 on May 9 down to $16.27 at May 21 close, but a company response to market commentary on May 17 could start to sink in for investors soon.

Treasury reassured shareholders it was “comfortable with the sustainability of its operating model in China” and its “disciplined approach to managing inventory levels” with its customers, reaffirming its focus on embedding important route-to-market changes in the US, with “continued positive earnings momentum” across Australia, New Zealand, Asia and Europe.

Treasury is not the only company who has developed a stronghold in the Chinese market as a preferred exporter, with baby formula company Bellamy’s Australia Ltd (ASX: BAL) building its substantial short-term growth on its success in the market.

Still in the consumables space vitamin giant Blackmores Limited (ASX: BKL) has more than a toehold in the Asian market as demand for its herbal and nutritional supplements grows globally.

From wine to artificial intelligence....

Check out the latest news concerning The Rocket Fuel of the AI Boom

One of the world’s richest people is sounding the alarm on what could be a trillion-dollar technology.

Everyone is talking about the artificial intelligence revolution.

Harvard Business Review calls it, “the most important general-purpose technology of our era.”

One Google Insider predicts AI, “will be as transformative as the discovery of electricity.” And it already is transforming industry after industry.

After all we have been hearing about AI for years…but it never really lived up to the hype…so what’s finally unlocked this huge tidal wave of innovation?

Click here to learn more!

Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Blackmores Limited. The Motley Fool Australia has recommended Treasury Wine Estates Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!