Diamond Estates Wines & Spirit Inc V.DWS

Interest to creditors

[TheCount11]

Whats left for shareholders after management and creditors have fed themselves?  

In the last quarter 10% of gross profit went to creditors because there is a big pile of debt!

Is there any wonder why the company might go bankrupt?

[88guy88]

So you think Stephen T is going down with the ship....Lester Management is still a large shareholder and he often talks of a larger company that owns 20% of the company just buying DWS out.... BUT he is has been pushing that scenario for years....if it is such great value then they would have bought if by now....2023 is a recession year and people are going to be focused on paying bill and their

[TheCount11]

A buyout would be good for large shareholders who are stuck.  Retail can sell out on low volume.   What fund is going to buy a share block of a money losing winery thats a penny stock?  Too much career risk. Its hard to look at the last 5 years operating margin.  In 2013 DWS went public by RTO because there was a lot of debt and they needed equity.