RE:RE:RE:RE:Buying at Maximum Pessimism Good points. Peller's development of non-wine alcoholic products is what will carry them to the next generation until that generation develops a taste for wines. Much of the future burden falls outside of Peller's control - such as global debt which inevitably will result in a recession and the global production of wine - however what is IN their control is to manage their SG&A and interest expense reduction (including debt reduction). Non-core business assets should be spun off.
As far as their wine products are concerned, they do have a good offering, although I do question the Wayne Gretzky premium wines which seem overpriced and do not logically align with the Gretzky image or his market following. (the whiskey is a good fit though).
Anyway, just some stream of conciousness thought for a New Year's day. Happy 2024 everyone!