Posts Tagged 'Angove'

Year of the Rabbit – uh, oh!

It may be coming up to the Year of the Rabbit but that’s no need to treat consumers as rabbits. I do hope that some of the pricing seen in the last week or so is not representative of the year to come. I know the A$ is high, but hasn’t anyone heard there’s a wine glut on? Ditto for New Zealand where things are possibly even more dire than in Australia. Will Lyons wrote in the Asian Wall Street Journal this week:

“…2011 will continue to see an oversupply of grapes, particularly in countries that have experienced a sustained wine boom. I fear some of those growers who planted vineyards in New Zealand to cash in on the phenomenon of Marlborough Sauvignon Blanc will realize the economics don’t add up.”

What with the glut, and the collapse of a major US distributor last year, there’s a lot of wine washing around in the hands of liquidators, and harsh as it might seem for the growers, that can mean tremendous deals for buyers. Last week in Australia I bought several cases of 2006 The Colonial Estate Eclaireur Old Vine Grenache forA$8.99 a bottle. That’s a 92 point Wine Spectator wine that listed at US$28 before the collapse of the distributor.  At A$8.99, I’ll take a punt on it (and did) (See http://www.getwinesdirect.com)

Instead, in Singapore, some distributors/retailers still seem to think that “ignorance is bliss” and as buyers we are all ignorant. It’s going to come as a shock when they realise (or care) that buyers can have Halliday’s ratings and pricing on their i-Phone for next to nothing, and thats there’s a growing number of websites dedicated to hunting down the best deals.

Bastard Box will continue to hunt out the good (mainly), the bad and the ugly (occasionally) in Singapore.

Let’s kick away with some Kiwis:

2008 / Ata Rangi / Crimson / Martinborough / Pinot Noir / S$48 at Crystal Wines (S$45.60 member price) – 4 Stars – You’ll know I’m a big fan of the flagship 2008 Pinot Noir but it sells for about S$72, so this “lesser” label comes in quite a bit below that. Michael Cooper gives it 4 stars and Bob Campbell gives it 87 points, but both comment that it’s still a good wine and a good price, where it sells in New Zealand at NZ$32. The BBI reckons it could list here at around S$43-44 so the price at Crystal is OK, but only just. You’ll be better off hopping down to The Cellar Door in VivoCity where you’ll get the same wine for S$36.90. Think about it.

2006 / Pegasus Bay / Waipara / Chardonnay / S$49 at The Cellar Door – 4.5 Stars – Bob Campbell gives it 91 points. It retails for NZ$35 so the price here is pretty close to where the BBI would expect it to be. Drinking out to 2016.

2010 / Soho / Marlborough / Sauvignon Blanc / S$29.50 at Underground Wines – 3.5 Stars  from Bob Campbell (83 points) so don’t expect too much. It’s only NZ$17 at home.  The price here is OK, but for an extra S$10 you could have got Cloudy Bay just before Xmas.

And now to the Aussies:

Let’s talk about wine because talking about cricket is just too painful. All out for 98! Wow, what a Boxing Day.

2007 & 2008 / Angove / Long Row / Riverland / Chardonnay / S$31.03 at Top Wines (that’s after adding GST which isn’t included in the quoted price)  – 3 to 4 Stars – Wine Estate gives it 3 stars, Halliday gives it 87 points. Not top line then, but neither is the price, at least in Australia. There it retails (a loose term at this end of the market) for A$9.75. At that price, you can forgive a lot of sins, and frankly it’s what you’d expect to pay for a Riverland chardonnay. But the “normal” price in Singapore is S$36 (oh, plus GST making it normally S$38.52) and that’s a whole different equation. Even at S$31.03, this falls too far outside the BBI to gather any recommendation, rating aside. Pass.

2009 / Dominique Portet / Fontaine / Yarra Valley & Pyrenees / Rose / S$34 at eWinesAsia – 4 to 4.5 Stars – Had one of these earlier in the year and found it quite agreeable. Halliday gives it 92 points but Wine Front only 87. Drink it this year though. Great for a pre-dinner drink outside.  With a RRP of A$20, this is good value.

2002 / Lengs & Cooter / Reserve / McLaren Vale / Shiraz / S$99 from Profiters International – 4.5 Stars – I don’t get it. This wine on release was A$45, and even now my research shows you’ll pay about that to get it now. So why the “Usual Price” of S$120 discounted down to S$99? For the record, Halliday rates it 94 points, drinking to 2013. I must be missing something.

“We will always have the time to make love and drink Champagne, and we will do it even more. Champagne’s only competitor is Viagra.” – Pierre-Emmanuel Tattinger, CEO of Taittinger

Advertisements

Where’s the shiraz in this lot? – and lessons on how to spit

[Reviewed offerings by Cold Storage, Crystal Wines, Epsilon Wines, eWine Asia, Le Vigne, Monopole, The Cellar Door, Top Wines, Underground Wines, and Wine Directions]

Specials are a bit slow this week. Here’s the best I could do:

2003 / Kreglinger / Vintage Brut / Tasmania / Bubbly / S$48 at Le Vigne – From the same stables as Ninth Island and Pipers Brook, this is a personal favourite. No, I don’t always buy wines on ratings, as this one only gets 88 points from Jeremy Oliver (although other vintages score much better). It’s refreshing and it’s priced right. With a RRP of A$50, this comes in with a BBI rating of  “Terrific Value”.

2009 / Moss Wood / Ribbon Vale / Margaret River / Semillon Sauvignon Blanc / S$44 at Crystal Wines – Don’t have much on this one. Halliday 95 points, drink to 2013, 14% alcohol. RRP is A$26 so this one gets a BBI rating of  “OK Value”.

2009 / Pierro / LTC / Margaret River / Semillon Sauvignon Blanc / S$53 at Crystal Wines – Oliver 90 points, Halliday 94 points, drinking to 2013-14. With a RRP of A$31, this gets a BBI rating of “Reconsider”. Interesting eh, given that both are from the same retailer.

2008 / Jim Barry / The Lodge Hill / Clare Valley / Riesling / S$42 at Monopole – Halliday gives it 93 points, but Decanter didn’t rate it highly, giving it only 15.5 points (out of 20). Drinking to 2018 according to Halliday. With a RRP of A$20, the BBI on this is “Marginal Value”, especially when compared with the Pikes at S$29 from Wine Directions in the last post.

2007 / All Saints / Rutherglen / Durif / S$35.90 at The Cellar Door – It seems you’re either into Durif, or you’re not. I don’t mind the occasional one, especially with some age on it. This is too much of a generalization, but I think of it as a sort of black, inky shiraz. Oliver rates this one at 91 points (4.5 stars) and suggests drinking between 2015-2019+. With a RRP of A$24, the BBI on this is “Good Value”

2008 / Water Wheel / Memsie Homestead / Bendigo / Red (Shiraz, Malbec, Cabernet) / S$29 at Crystal Wines – I’ll be right up front and say I don’t like this wine. I’ve got some in my cellar, and it’s always overlooked when hunting around for something nice. Maybe I’ll drag it out when my relatives next visit. I’m not alone. Wine Estate give it only 4 stars and Wine Front 4 too (87 points), but Halliday is stumping up with 90 points. Halliday suggests drinking out to 2017. With a RRP of A$14, the BBI gives it a rating of “Good Value”, but it won’t be enough to convince me to stock up. Just a personal choice.

Where’s the shiraz? (sounds like an Elton John song….) Not here, I’m afraid.

2008 / Wolf Blass / Presidents Selection / South Australia / Shiraz / S$44.95 at Cold Storage – You might recall that this is the wine we got a roadside stall in rural Vietnam for about S$35. It’s a four star wine for sure (Wine Front 88 points) and I have it on good authority that Presidents Selection, which is not sold as such in Australia, is closer to Yellow Label than other Wolf Blass brandings.  So……if it is close to Yellow Label, then the RRP would be about A$16, giving the price here a BBI rating of “Reconsider”.

We often hear people say when shocked by the price of wine in Singapore, “oh, it’s the tax you see” and I have to bite my tongue every time I hear it. Yes, yes, it can be the tax, but only at the lower end of cheaper wines. The tax can even work in your favour if you’re prepared to lash out and spend above $30 bucks, and if you really want to splash out, have a look at how the tax creates a very favourable arbitrage on Grange and the like. Hundreds of dollars worth, so please, no more, “it’s the tax”. Unless……. you really are buying at the wrong end.

Let’s have a look at two examples. Not stunning wines. The Grant Burge is 4 star for sure; the Angove’s, I’m prepared to bet it’s no more than 4 star either.

2009 / Angove’s / Butterfly Ridge / Colombard Chardonnay / S$30 at Top Wines – I say S$30 because it’s listed at Top Wines at S$28 before GST (something they’ll presumably fix, and quickly – you never know who might be looking at this website) so I’ve added the 7% for correctness.  Well, this wine retails (at most) in Australia at A$7. That’s right, A$7. If you take out the margin, the GST and the WET in Australia, I’m guessing the wholesale price is around A$2.20. Now, if we convert to S$, add the freight, add the alcohol tax, add the Singapore GST and mark it back up by 100% (that’s fair), we’ll get to S$25, give or take a few cents. That’s how you get an A$2.20 wine to S$25 – it’s all mark up on the tax and on-costs and very little to do with the wine. For the record, the BBI rating on this particular deal would be “Marginal Value”.

2007 / Grant Burge / Summers / Adelaide Hills / Chardonnay / S$30 at Epsilon Wines – 4 stars from Decanter and Halliday, and the same price as the Angoves. Only this one starts with a RRP of A$24, not A$7. On a comparative value basis (i.e. the BBI), this wine would get a rating of “Terrific Value”. So, the real issue is, do you believe that retail prices reflect the quality of the wine? That’s up to you – I’ll just tell you the story.

But wait, there’s more! If you want to learn how to spit “with elegance”, have a look at:

http://www.dailymotion.com/video/xcvujq_comment-cracher-le-vin-avec-eleganc_webcam

And finally, is there no respect? The 2008 Schild Estate Barossa Shiraz, having just been listed as the number 7 top wine in the world by Wine Spectator, has been discounted down from A$20 to A$14.99 (at winestar.com.au)!

“I drink it when I’m happy and when I’m sad. Sometimes I drink it when I’m alone. When I have company I consider it obligatory. I trifle with it if I’m not hungry and I drink it when I am. Otherwise I never touch it, unless thirsty.” – Lily Bollinger in 1961, on drinking champagne.


Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 74 other followers

Wine quotations

"A good bottle of wine contains more philosophy than all the books in the world" - Louis Pasteur

“The unexacting palates of the masses…are content to ask no question [on origin] so long as a florin or half-a-crown will purchase a roomy flagon of strong , full-bodied, fruity wine” – CE Hawker writing in 1907

Advertisements