Diamond Estates Wines & Spirit Inc V.DWS

@ the Bell: Energy comeback boosts the TSX

[Jonathon Brown]

The TSX climbed on Friday with the energy market leading the way tracking higher crude oil prices. The mining sector was a close second. read article.

[Jonathon Brown]

The TSX ended flat on Thursday, a day after a steep drop on the Bank of Canada’s move to hold its interest rate steady. read article.

[Jonathon Brown]

As everyone races toward the finish line, let’s take a look at some of the stocks that are standing out from the rest. read article.

[jennifer8]

whvt is the bookvalue?

[habsfan]

Agree with your comments.  Thus my desire to see Andrew gone and get someone in (Lassonde) to grow the business.

[holmian]

This new collaboration was a Hail Mary after Trajectory lost Josh Cellars (worth $9mil in revenue, $3mil in gross margin). Not so much about growth as mitigation of significant loss. Diamond CEO

[habsfan]

Just a quick comment on one of the notes contained in the results just released.   Andrew talks about the expected significant growth through their colaberation with Reniessance which is great.

[Investor98]

Finally. 

[habsfan]

Yes I agree the market has shrunk but the efficient operations can still survive short term.  Airlifting in some of Lassonde's mgmt would make me feel a whole lot better Vs who is running the

[holmian]

Not much reason for optimism...even if Lassonde gets rid of inept mgmt team: "consumer demand for Ontario wine down anywhere between five and eight per cent, depending on the channel"

[habsfan]

As stated in my post Aug 26, Lassonde will now take control since they own over 54% of the outstanding shares.  Can't predict their plans but one thing is clear to me, as they take control

[Investor98]

Down 25% in 2 days, I'm a long term share holder in this company. I paid more per share then they cost today before they split. My investment is now pretty much worthless. Thanks again Diamond

[habsfan]

When a company gets mismanaged into the ground one only hopes that the ones responsible take as much of a hit as shareholders.  How many years has this gone on.  What a disaster.  

[screamer99]

Take book value at face value. What is "book value" when you look at it from a liquidation perspective? The capital assets will be less than book value and becuase it takes more than a year

[BLUEBERRY5]

I have bought after the 1:10 rollback took place November 10, 2021. 500 shares at $1 500 shares at $0.75 500 shares at $0.50 500 shares at $0.35 to hold 2,000 shares at an average cost of $0.66.

[PressRelease]

Diamond Estates Wines & Spirits Inc. (“Diamond Estates” or “the Company”) (DWS-TSX Venture) announced the results of voting at its annual general and special meeting of shareholders (“AGM”) held yesterday in Toronto. The following matters were approved at the AGM by at least 95% of the votes...read article.

[screamer99]

That's $3.1m less cash that the company has to pay their fixed costs. Current equity holders are doomed.

[holmian]

"The Company has debt repayment requirements of $31.5 million over the next twelve months... These circumstances lend significant doubt as to the ability of the Company to continue as a going