Securities dealer Intersuisse strongly recommends ‘buy’ shares in Southcorp, Simeon Wines, Brian McGuigan, Normans Wines and Peter Lehmann. It also recommends ‘hold’ shares in BRL Hardy, Cranswick and Petaluma, while it suggests ‘sell’ in the cases of Piper’s Brook. It also recommends to buy Foster’s. Intersuisse’s 1999 Wine Report also points out that 65% of Australia’s wine crush is carried out by listed wine makers, which account for 80% of the country’s wine sales. Eight of the top 20 companies are listed.
