RE:Breakout Quarter, with Stronger Growth AheadDiamond Estates Wines and Spirits Inc. is a producer of high quality wines and a sales agent for over 120 beverage alcohol brands across Canada.
It has struggled but is now on the path to sustained profitability.
Its debt issues have been constraining but recent new financing arrangements have mitigated these concerns.
Annual sales this year should approach $50 million or so.
Fair value is above $0.45 considering its strong growth profile..