Airlines & TWE

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Question asked 05/03/2021

Airlines & TWE

Hi is there any Airlines as a short term / longer term play with the vaccine roll out benefiting them. .?..and any thought on TWE as a long term buy ?.....Thanks..P.S the new web page is looking good and seems user friendly so far .

Answer

Thanks,

Obviously two questions within one although there is an underlying recovery theme at play.

We have discussed the re-opening play a few times in recent months with CTD our pick of the bunch but the risk / reward isn’t exciting ~$19, we like it closer to $16

As a long-term play TWE is attractive because I’m confident that the politicians between Australia and China will eventually settle there differences, large as they may be. This is another example where accumulating into weakness makes sense as the stock clearly has many doubters although I do see 20-30% upside in the next year for the brave.

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Corporate Travel (CTD)

LAST UPDATED 05/03/2021 17:14

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Treasury Wines (TWE)

LAST UPDATED 05/03/2021 17:15

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