Diamond Estates Wines & Spirit Inc V.DWS

Who knows what will eventually happen ????

[habsfan]

What's clear in my head is this company has been managed into the ground and simply unable to  recover on their own.  So where does this leave shareholders?  I guess our best hope is to await some miracle bailout by Lassonde which may or may not happen.  Just wish something is done, and soon.  Hanging in there

[TheCount11]

I share your sense of frustration with publicly traded wineries.  I am including Peller as well.  Publicly traded wineries have some of the worst self serving management. Lassonde is keeping DWS on life support as they bleed existing shareholders through dilution.   The Lassonde faces the same problem any other shareholder does.  Asymmetric information, different

[TheCount11]

Don't forget when Mr Lassonde was retiring he bought a personal stake in DWS.  Are profits a top priority?  I doubt it.  Probably wants a good relationship with management.  Lassonde threw DWS a lifeline to keep it a float.

[habsfan]

i find it hard to believe Mr. Lassonde just wants to keep DWS afloat with little regard to supporting success.  If you are right then we should all just get out because i find it difficult to believe current management can turn things around without the help they desperatly need. I guess we can only wait to see how aggressive Lassonde will/will not be.  Cheers . 

[TheCount11]

Should investors really expect a person who just retired after a lifetime of hard work to put the effort in turning around a money losing winey?  He can't fix that.  From a shareholders perspective DWS was has been terribly managed for years.

[ggoose]

These clowns are so stuck in group think there is no hope for this pig.