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.

TSXV:DWS - Post by User

Diamond Estates Wines & Spirit Inc > Positive Comments on BNN today (April 28)

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Comment by dogatcaton Apr 30, 2021 1:11am

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Post# 33099439

RE:RE:RE:RE:RE:RE:RE:Positive Comments on BNN today (April 28)

SXP......Screamer was screaming buy at $3.32.......it is $2.21...he is mentally challenged and broke.

Good analysis!

This quarter's EBITDA is $5.5m. If you round down to $5.0m, get $20m for ther year, you have $162m enterprise value when you apply an 8x multiple (I'd argue that you can apply a 10x multiple). With $71m in debt and $4.3 in cash, you have $93.3 equity value. With 28.1m shares, we're at $3.32/share which I think is conservative. An easy double from here. Happy to sit back and pick away.

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