One for the Tax Accountants (Are Penfolds ripping us off?)

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simm
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Post by simm »

lost the plot wrote:
Another guest wrote:Is it just me being cynical or is it coincidental the two main proponents for the 2001 389 being fairly priced are closely associated with a merchant flogging the stuff pre-release?


Wanker.

Last one out please turn the lights off.


Is this really necessary? You are sounding a little on the defensive side. If you really have something useful to say, say it! We would all love to hear from the other side of the coin


Simm,

I think you are looking at this from a funny angel. The RRP on the St Henri is about $50, the retailers were specialing it off at around $40 which gives them a much lower margin than normal. Many of them may also have done deals with SC to buy large quantity to enable them to get a better buy price.

Hi Ric, - doesn't funny angel imply that I have a close relationship with the tooth fairy? :P :) -

Sure, but they do a good deal with the maker, then fake 20% discounts and the like in BIG Chrissie sales, leaving the small retailer scrabbling for a way to keep the prices down while still being able to pay the rent. Now I understand my view of the retail end would have to be an ignorant one because I am not in the business, but I just don't think the big gun retailers work that way. The majority of my experience is that usually when something comes on sale at a real reduction it's generally crud or they need to shift old stock for myriad reasons. I also understand this is fair enough, but I rarely see wines on sale like this at point of release unless it is already great QPR (generally from new labels overdelivering).

best,

P.S. Great minefield topic. Haven't seen such an accelerated response in ages :lol:
simm.

"I ain't drunk! I' still drinkin' !!"

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Gavin Trott
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Post by Gavin Trott »

simm wrote:
lost the plot wrote:
Another guest wrote:
P.S. Great minefield topic. Haven't seen such an accelerated response in ages :lol:


I agree

And in answer to a previous post, yes, I'd love to sell bucketloads of the wines.

Please order as you enter the forum.

:oops:
regards

Gavin Trott

Gary W

Post by Gary W »

lost the plot wrote:Is it just me being cynical or is it coincidental the two main proponents for the 2001 389 being fairly priced are closely associated with a merchant flogging the stuff pre-release?


Yes you are correct. It is just you being cynical. I have no commercial interest with any retailer at all...and even if I did there is no bloody margin in it anyway at that price! I have had a drink of the wine and think it is good gear and fairly priced. Don't you think it is good to have some light and shade in any argument (I am the light in case you could not work it out :D ) . If you have read any reviews that I have been involved in then I would like to think that they are honest and unbiased. There is no gain involved in moulding any reviews to suit sales nor is there ever any expectation that I/we should do so. Honest opinions - honest. I have little enough credibility without having to resort to bodgy tasting notes! :shock:

Regards
GW

Adam

ANother way to look at it....

Post by Adam »

Perhaps another appropiate way to look at whether the wine is fairly priced is to examine what the "market" (albeit a small one) pays for the wine in a competitive auction environment.

Looking at the 2000 389 in the most recent langton auction there were 2 lots, one sold for $30 per bottle, one sold for $26 per bottle. Leaving an average of $28 + 15% = $32.20, which when you add a premium on for the (hopefully) quality of the 2001 vintage over the 2000 vintage maybe the pricing of mid 30's is not too far off??

Obviously a very small sample not taking into consideration large volumes etc etc.

Davo
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Post by Davo »

For crying out loud!


You are all Nazis!


There, that should stop it :lol:

Guest

Post by Guest »

DONT mention the war!

bacchaebabe
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Post by bacchaebabe »

This is the whole point of having a forum - to discuss wine and stuff. Why would you want it to stop?

Its been an enjoyable debate. I'm with the bigots on opinion but I haven't decided who's won the deabte as yet.
Cheers,
Kris

There's a fine wine between pleasure and pain
(Stolen from the graffiti in the ladies loos at Pegasus Bay winery)

David Lole

Post by David Lole »

radioactiveman wrote:
David Lole wrote:Can someone slip me a pair of rose coloured glasses? :shock: 8) that's better (or for the L platers like me, right click and scroll over the text and all will be revealed! :o :))


My eyes are getting sore just reading this thread! :D

By the way, it's left click :roll: (Am I being pedantic? See you Sat.)


Cheers

Jamie


You didn't know I suffer from a rare form of dyslexia?

guest8

Post by guest8 »

If you are all so worried about 389 which has gone up $15 in ten years.
What do you say about

Wynns John Riddoch C/S and Michael Shiraz which fell the other year from $100 to $50. Wynns as we all know are also part of SC.

Probably the inevitable complaint is going to be "I paid $100 for them three years ago, now SC has halved their value, and their value to me in my cellar"

What do you guys want ?
Wines sell at the price the market (local or overseas) will bear. If they get the domestic pricing wrong on 389 like they did on JR and Michael, the price will eventually fall anyway.

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Red Bigot
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Post by Red Bigot »

bacchaebabe wrote:This is the whole point of having a forum - to discuss wine and stuff. Why would you want it to stop?

Its been an enjoyable debate. I'm with the bigots on opinion but I haven't decided who's won the deabte as yet.


BB, I think it's just about the longest thread so far, and I just wanted some knowledgeable person to tell me how SC could make a profit by selling at US prices :-)

guest8 wrote:What do you say about
Wynns John Riddoch C/S and Michael Shiraz which fell the other year from $100 to $50. Wynns as we all know are also part of SC.


guest8, I've been busy with random thoughts again, too much time on my hands in the silly season in Canberra (just ended), but follow the link for a long ramble that addresses some of your points and more: Article on Pedigree and Loyalty on TORBwine (Doesn't work too well if you use Opera, just go to www.torbwine.com and click on Readers Write.)
Cheers
Brian
Life's too short to drink white wine and red wine is better for you too! :-)

Guest

Post by Guest »

They say its not over till the fat lady sings and sing he does.
:lol: Brian has had more than his two cents worth here.

http://www.torbwine.com//index.htm?..//rr/Red%20Bigots%20Thoughts%20on%20Pedigree.htm

Read it and let the debate continue. This could be the longest thread we have had here at the rate we are going.

Re the 389 going up $15 in ten years, it was more like an 75% increase in five years. As the those poor unfortunates who paid $90 for the JR, there were very few of them and thats why the wine sat there and did not sell.

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Red Bigot
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Post by Red Bigot »

Now that's spooky.....

The article only went up on the qt today befor Ric's Irregular update.

PS I'm insulted by the "fat lady" remark, I haven't put on any weight and Ric has faded to a shadow of his former self. :wink:
Last edited by Red Bigot on Tue Feb 03, 2004 8:58 pm, edited 1 time in total.
Cheers
Brian
Life's too short to drink white wine and red wine is better for you too! :-)

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Wizz
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Post by Wizz »

Davo wrote:For crying out loud!


You are all Nazis!


There, that should stop it :lol:



ROTFL! :lol:

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Red Bigot
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Post by Red Bigot »

Davo wrote:For crying out loud!


You are all Nazis!


There, that should stop it :lol:


It didn't work on the other forum, why do you think it will work here? :lol:
Cheers
Brian
Life's too short to drink white wine and red wine is better for you too! :-)

Murray
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Post by Murray »

David Lole wrote:
radioactiveman wrote:
David Lole wrote:Can someone slip me a pair of rose coloured glasses? :shock: 8) that's better (or for the L platers like me, right click and scroll over the text and all will be revealed! :o :))


My eyes are getting sore just reading this thread! :D

By the way, it's left click :roll: (Am I being pedantic? See you Sat.)


Cheers

Jamie


You didn't know I suffer from a rare form of dyslexia?


David,

You're right, the usage of colour throughout this thread has let much to be desired.

It's getting so that anytime anyone writes something they need to use .
three different colours, not to mention bold, and a big font otherwise the post isn't worth reading.

cheers
Murray Almond

Guest 1

Post by Guest 1 »

Red Bigot wrote:
Davo wrote:For crying out loud!


You are all Nazis!


There, that should stop it :lol:


It didn't work on the other forum, why do you think it will work here? :lol:


Hey big fella, the nazi-ness started here on this forum, but I was unfortunately locked out 'cause I didn't use a user name. (And I didn't even say wanker). :?

Davo
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Post by Davo »

Murray

What, are you the font monitor ?

Peter H
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Location: Perth

Post by Peter H »

RB wrote

BB, I think it's just about the longest thread so far, and I just wanted some knowledgeable person to tell me how SC could make a profit by selling at US prices


I guess the most knowledgeable person on the subject who (sometimes) reads the forum is our benevolent forum dictator, who retails SC wines in both countries... Maybe he can shed some light on the subject, without of course letting slip any commercially confidential information.

Peter

Guest

Post by Guest »

Davo wrote:Murray

What, are you the font monitor ?


Dr Davo,

Dont you no nuffing? Muzz if the font moderator! :wink:

TORB
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Post by TORB »

That was me, I cleaned out my cookie jar so was not logged in.
Cheers
Ric
TORBWine

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Red Bigot
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Post by Red Bigot »

Guest 1 wrote:Hey big fella, the nazi-ness started here on this forum, but I was unfortunately locked out 'cause I didn't use a user name. (And I didn't even say wanker). :?

:oops: Quite right, forum confusion strikes again...
Cheers
Brian
Life's too short to drink white wine and red wine is better for you too! :-)

GraemeG
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Post by GraemeG »

Red Bigot wrote:
Guest 1 wrote:Hey big fella, the nazi-ness started here on this forum, but I was unfortunately locked out 'cause I didn't use a user name. (And I didn't even say wanker). :?

:oops: Quite right, forum confusion strikes again...


Brain,
The warm sense of achievement comes when a thread you started get LOCKED!

I've got my little trophy on the mantlepiece already...

cheers,
Graeme
(non-buyer of the 2001 Bin 389)

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simm
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Post by simm »

guest8 wrote:If you are all so worried about 389 which has gone up $15 in ten years.
What do you say about

Wynns John Riddoch C/S and Michael Shiraz which fell the other year from $100 to $50. Wynns as we all know are also part of SC.

Probably the inevitable complaint is going to be "I paid $100 for them three years ago, now SC has halved their value, and their value to me in my cellar"

What do you guys want ?
Wines sell at the price the market (local or overseas) will bear. If they get the domestic pricing wrong on 389 like they did on JR and Michael, the price will eventually fall anyway.


Very happy to be buying JR instead of 389 if the prices are going to be the same. By the way, what does John Riddoch sell for over in the US?

all the best,
simm.

"I ain't drunk! I' still drinkin' !!"

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Red Bigot
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Post by Red Bigot »

GraemeG wrote:
Brian,
The warm sense of achievement comes when a thread you started get LOCKED!

I've got my little trophy on the mantlepiece already...

cheers,
Graeme
(non-buyer of the 2001 Bin 389)


Yes that's an achievement, I don't have that subtle skill, all I seem to be able to do is get things nuked... :twisted: :oops: :wink:

simm,
wine-searcher.com lists a couple of places in US selling 98 John Riddoch for $A35 - $A39 equivalent, no entries for the 99...
Cheers
Brian
Life's too short to drink white wine and red wine is better for you too! :-)

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simm
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Post by simm »

Thanks Brian. Does that seem a little fairer to you as much as it does to me?

cheers,
simm.

"I ain't drunk! I' still drinkin' !!"

radioactiveman
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Post by radioactiveman »

Murray wrote:
David Lole wrote:
radioactiveman wrote:
David Lole wrote:Can someone slip me a pair of rose coloured glasses? :shock: 8) that's better (or for the L platers like me, right click and scroll over the text and all will be revealed! :o :))


My eyes are getting sore just reading this thread! :D

By the way, it's left click :roll: (Am I being pedantic? See you Sat.)


Cheers

Jamie


You didn't know I suffer from a rare form of dyslexia?


David,

You're right, the usage of colour throughout this thread has let much to be desired.

It's getting so that anytime anyone writes something they need to use .
three different colours, not to mention bold, and a big font otherwise the post isn't worth reading.

cheers



Now I think I'm blind :shock:

8)

Jamie

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Red Bigot
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Post by Red Bigot »

simm wrote:Thanks Brian. Does that seem a little fairer to you as much as it does to me?

cheers,


simm,
With the new software it seems easier to nuke offensive parts of threads, so I guess I agree with you somewhat, but it's Gavin's choice.

BTW, Southcorp is either up to something or maybe a Sydney wine merchant has made a mistake and is offering 99 John Riddoch for $40.00. Check my RBG page for details.
(It's not listed on Gav's site, I checked first).
Cheers
Brian
Life's too short to drink white wine and red wine is better for you too! :-)

peterk
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on topic (sort of)

Post by peterk »

Well What a thread.
Hi All, for whats its worth I was one of the lucky ones who got my Riddoch and Michael early. :? A six pack of each. But there is a god a mate on the coast decided that his collection was now only worth $50 a bottle and it may not be a good wine after all :) So I picked up a six pack of 86 90 and 91 Riddock for $1500 all from a good cellar :lol:

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Rob
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Post by Rob »

Stan wrote: friendly face at the Penfolds Barossa cellar door.


Are you kidding me? Went to the cellar door twice and I was not treated by friendly cellar door staff at all. They were complete snob and serious lack knowledge in wine.

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