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Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

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

Comment by screamer99on May 26, 2021 2:23pm
148 Views
Post# 33268920

RE:RE:RE:DWS

RE:RE:RE:DWSSometimes the puck takes a deflection and leaves the ice.

They both bought on expectations (as did I) but I was able to bail when they didn't materialize.  If/when they bail, you'll feel it in the SP.

Let's see what the annual results bring in this summer.  The Q4 has always been a loss quarter and to what extent this year, who knows?  But my hunch is that it will be a significant one loss and $9 wine with all-in delivery is not going to save them.  

Brighter days ahead when the country fully opens up, but they have dug themselves into a very large debt hole and I don't see a way out.


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