Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s): DWWEF

Consumer Defensive Beverages - Wineries & Distilleries

Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. Its principal business activities include the production, marketing and sale of wine, and through its agency division, operating as Trajectory Beverage Partners (TBP), distribution and marketing activities for various beverage alcohol brands. Its brands include Twenty Bees, Creekside, EastDell, Mindful, Lakeview Wine Co., Shiny Apple Cider & Fresh Wines, and Backyard Vineyards. These products are available at government liquor boards, grocery stores and licensed establishments across Canada. It operates four production facilities, three in Ontario and one in British Columbia. The Company distributes a complementary portfolio of international wines and spirits through a subsidiary. TBP is the sales agent for many international brands in all regions of the country as well as being a distributor in the western provinces.

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Diamond Estates Wines & Spirit Inc > BNN Market Call - Steven T. Gives it a BUY

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Comment by Possibleidiot01on Jan 25, 2021 3:22pm

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Post# 32377924

RE:BNN Market Call - Steven T. Gives it a BUY

Diamond Estates Wines and Spirits Inc. (DWS-X)

January 25, 2021

He owns just under 10%. He thinks a 19% shareholder will buy up the rest of it at a premium in the near future. This is a small player in the wine market but at a much higher margin. Online sales and grocery store sales are booming. It is trading at one times sales, rather than the norm of two or three times sales. His target is $0.30-$0.40.

Stephen Takacsy, B. Eng, MBA

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