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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 Dec 09, 2021 12:14pm
136 Views
Post# 34214869

RE:RE:Quarterly results - Not good, again.

RE:RE:Quarterly results - Not good, again.I wasn't trying to explain the sell-off, although I wouldn't call it that.

My point is don't be surprised if the SP declines by half or more once Q4 and Q1 results are released. I posted a few months ago that I expected for it to reach these levels and here we are. More declines to come between now and next fall. I'll keep quiet until then.

Ascribing value to this because of a major shareholder's continued holding is not the right way to look at the current value (or lack of).

Sure, it may pop with the annoucement of the grocery channel in Ontario, but let's see where we are this time next year. I have zero skin in the game, FYI, but know my money is better placed elsewhere.
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