RE:RE:DWSWhat does Stephen Takascy see in this company if earnings are so bad?? He is a shrewd investor and owns just under 10% of this company. Why would Lassonde want to buy in at 19 cents a share? What are these guys putting in their wine for these smart guys to buy it?
I tell you what it is -- they have strong recognizable Ontario wine brands and they are getting preferential shelf access in Ontario grocery stores. This is just getting started. The wine roll out in grocers, once complete, will goose their sales tremendously. And remember, there are hardly any new wineries popping up anywhere and those that are out there are family owned and not for sale. The next steps are for wine to be sold in grocery stores across Canada!
Wayne Gretzky once said, " A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be."
Wayne also makes a pretty darn good Cab Sauv.