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I've only ordered two cases this year.
https://quaffersoffers.co.uk/QOforum/viewtopic.php?f=2&t=5349		 Page 1 of 2
Author:  GK [ Sun Nov 15, 2009 9:04 pm ]
Post subject:  I've only ordered two cases this year.
http://www.dailymail.co.uk/news/article ... perts.html

Quote:
Their mark of approval is expected to send prices soaring as connoisseurs and investors rush to buy the 2005 Petrus, which is already fetching more than £4,000 a bottle.


I wonder if they'll take Clubcard vouchers?
Author:  Duncan [ Sun Nov 15, 2009 10:02 pm ]
Post subject:  Re: I've only ordered two cases this year.
GK wrote:


I wonder if they'll take Clubcard vouchers?[/quote]

Take heart GK, those bankers may have got a bruising with '06 and '07 primeurs.

http://www.timesonline.co.uk/tol/life_a ... 204762.ece

Feel sorry for the little properties and hard working owner drivers though.

Somebody pulled the plug on Halifax HQ this morning - feel sorry for customers !
Author:  Shezza [ Mon Nov 16, 2009 12:47 pm ]
Post subject:  Re: I've only ordered two cases this year.
I was actually thinking to pick up a case of one of the big chateau's 2008 offerings as part investment/drinker to celebrate year of my 2nd girls birth.

From what I had read wasn't a bad vintage across the board and the price difference from compared to a lot of the other vintages is quite big.
According to Bobby P, 2008 seems to be the next best/consistant Bordeaux vintage behind '05,'00 & 98 (for certain parts)

Vintage Chart
Author:  Duncan [ Mon Nov 16, 2009 1:40 pm ]
Post subject:  Re: I've only ordered two cases this year.
Shezza wrote:
I was actually thinking to pick up a case of one of the big chateau's 2008 offerings as part investment/drinker to celebrate year of my 2nd girls birth.



Judging from your tasting notes - The right bank communes are where the chateaus are making the style, that you may be looking out for.
How long does the wine need to hold ?

Your daughters 21st or 18th ?

This is a decision biggy.
Author:  Shezza [ Mon Nov 16, 2009 2:06 pm ]
Post subject:  Re: I've only ordered two cases this year.
Duncan wrote:
Shezza wrote:
I was actually thinking to pick up a case of one of the big chateau's 2008 offerings as part investment/drinker to celebrate year of my 2nd girls birth.



Judging from your tasting notes - The right bank communes are where the chateaus are making the style, that you may be looking out for.
How long does the wine need to hold ?

Your daughters 21st or 18th ?

This is a decision biggy.


au contraire mon ami
I prefer my Bordeaux to be Cab dominated rather than Merlot.
Tend to go left bank when purchasing offferings from the region

Therefore should have a bit more in terms of longevity.
I strongly doubt an 18 or 21 yr old would appreciate a fine claret so thinking more in terms of returns on investment with the ability to drink a few.
Think the birth year thing is just my excuse and a way to get it past the Mrs

Maybe I should just go for the new dining table instead.....
Author:  Duncan [ Mon Nov 16, 2009 2:40 pm ]
Post subject:  Re: I've only ordered two cases this year.
Shezza wrote:

Au contraire mon ami
I prefer my Bordeaux to be Cab dominated rather than Merlot.

Maybe I should just go for the new dining table instead.....


Well, glad we got that sorted - I couldn't agree with you more. Also 2008 at anything other than bizzare price levels, is still an early maturing and accessible vintage.

Whilst it may be a lovely thing to have an important A ranking Cru Classe' in store somewhere. You have to drive to go and see it, then auction fees to pay and selling arrangements to finance the ones you want to drink. There are ongoing costs of storage.

I'd go for the new Dining Table.
Unless you want a particular current design, Please consider auctions and auction catalogues as a way to find, and save yourself huge amounts of money for good quality.

Then buy interesting Petite Chateau wines with the savings :)
Author:  Bacchus [ Mon Nov 16, 2009 4:27 pm ]
Post subject:  Re: I've only ordered two cases this year.
Shezza wrote:


Think the birth year thing is just my excuse and a way to get it past the Mrs

Maybe I should just go for the new dining table instead.....


Now how did I guess that...Image
Author:  Shezza [ Mon Nov 16, 2009 8:05 pm ]
Post subject:  Re: I've only ordered two cases this year.
Bacchus wrote:
Shezza wrote:


Think the birth year thing is just my excuse and a way to get it past the Mrs

Maybe I should just go for the new dining table instead.....


Now how did I guess that...Image


I think £1500 for a case of 1st growth tho isn't too offensive.
Of course its a ridicuous amount of money to pay for 12 bottles of wine but then in my industry I have seen that spent on a dinner with clients....

Yes, Its hard to justify that money for wineand don't have it coming out of my ears but bearing in mind some 2005 are more than that for just one bottle, there seems to be some sense there....
Author:  Bacchus [ Tue Nov 17, 2009 11:35 am ]
Post subject:  Re: I've only ordered two cases this year.
From "A Wine Miscellany".

A group of six bankers had a celebration dinner at Gordan R's Petrus restaurant. The meal, two beers, six glasses of champagne, and a pkt of cigarettes came to £462. This bill was waived by the restaurant. Why ?

'45 Petrus........ ..£11,600
'46 Petrus...........£ 9,400
'47 Petrus...........£12,300
1900 Yquem.......£9,200
'82 Montrachet.....£1,400

Despite paying with their own money, five of them were sacked because of the bad PR.
Author:  GK [ Tue Nov 17, 2009 12:11 pm ]
Post subject:  Re: I've only ordered two cases this year.
Ahhhh, bankers, dont ya just luv em.

The runaway bus of the UK ecconomy...

Image
Author:  Duncan [ Tue Nov 17, 2009 1:19 pm ]
Post subject:  Re: I've only ordered two cases this year.
GK wrote:
Ahhhh, bankers, dont ya just luv em.

The runaway bus of the UK ecconomy...



Bankers Image

£3,200 interest added to the national debt every 5 seconds !
Author:  GK [ Tue Nov 17, 2009 8:30 pm ]
Post subject:  Re: I've only ordered two cases this year.
Get ready, inflation and high IR's are just around the corner......

Where's the best place for savings Dunc? Index linked bonds?
Author:  Goosegogs [ Tue Nov 17, 2009 8:35 pm ]
Post subject:  Re: I've only ordered two cases this year.
How do you copy and paste those smiley things. I found the website and copied them but couldn't paste them and how do I get a picture underneath my username.
Author:  Duncan [ Tue Nov 17, 2009 8:46 pm ]
Post subject:  Re: I've only ordered two cases this year.
GK wrote:
Get ready, inflation and high IR's are just around the corner......

Where's the best place for savings Dunc? Index linked bonds?


You could look at them.

Inflation index is to do with Oil this month. OPEC have reduced supply cos their other interests are slow.

Deposit Bond 1.5% 3months = Rubbish
Deposit Bond 2.5% 6months = Better

I'm going to have a look at Gilts again for my Misses, need to see the 3 year call. UK plc borrowing abroad may get expensive if they decide to veto sterling. Not all this financing is quantative easing - merely dultes sterling again.

I bought some shares last November - Next Plc.
My book is recovering - but you had to be in there with your belief in real and tangible stocks last Christmas. There is more confidence in blue chips stocks because returns on money deposits are so dire.

Lets get back to Wine
Author:  Goosegogs [ Tue Nov 17, 2009 8:53 pm ]
Post subject:  Re: I've only ordered two cases this year.
I lost about 12k on RBS. However, the almost total collapse of the British banking industry also brought down other stocks. Made just under 4k back on Cadbury buying just a few weeks before the Kraft offer. Made just over 4k on Whitbread after they announced surging sales at Costa. Tesco and Diagio ( don't laugh, owners of Blossom Hill ) are showing smallish paper gains.

So nearly made the 12k loss back. I fancy Greggs and Associated British Foods. Not because I want shares in Hovis but because their Primark brand is flying and could be floated off.
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