EPISODE 346 - NICK GORDON & PAUL RYAN
Nick Gordon is joined by the Head Of Research, Paul Ryan, to discuss where the funds from the Foster’s takeover should be reinvested (proceeds due on the 21st of December). Paul met the Treasury Wine Estates’ management last week and this meeting showed up a number of positive aspects of the company, in particular the strong balance sheet. However, we retain our neutral recommendation. Our preferences remain with Woolworths , Coca Cola and Treasury Wine Estates.
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