RE:RE:RE:RE:RE:RE:RE:Andrew PellerI worked in the industry awhile back and this is exactly what we would pitch and or buy (alpha creator).
I think you a missing a few positives in this story.
In the last few CC's mgt has talked about how costs are expected to normalize over next 18 months and how little demand there has been from Chinese consumers- all of this will change margins and sales going forward.
These vineyards are really at the end of the day real estate plays and they have plenty of it, so you can't underestimate the impact of such valuable assets - helps to ensure the Board can maintain the dividend.