Bullboard - Stock Discussion Forum Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s): DWWEF

Consumer Defensive Beverages - Wineries & Distilleries

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. The Company operates five production facilities, four in Ontario and one in British Columbia, which produce predominantly VQA wines under brand names, such as 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile... see more

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TSXV:DWS - Post Discussion

Diamond Estates Wines & Spirit Inc > Pierre Lassonde bought $3,335,000 worth of debentures

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Post by 88guy88 on Jan 20, 2023 1:28pm

Pierre Lassonde bought $3,335,000 worth of debentures

on November 10 and the Lassonde Corporation also bought 282484 common shares at 51 cents and Pierre also bought 282484 common shares for 51 cents on Novemeber 10

Its just a matter of time....the new CEO is in there to clean things up and then Lassonde will take over the company...they are slowly nibbling away a these cheap prices....I don't blame them....pick up all they shares they can get at cheap prices

The company is ripe for picking right now.....even with the recent news on alcohol consumption I don't think people are going to stop drinking wine or spirits.....6 months from now a new study will be out that says drinking red wine daily in moderation is more beneficial.....experts and studies flip flop like a fish out of water....lol......Cheers everyone!

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Comment by screamer99 on Jan 20, 2023 2:25pm

Don't mean to burst your bubble, but the company is in a hole that they can't dig themselves out of. My opinion is get out while you can (do your own DD). R...E...S...T...R..U...C...T...U...R...I...N...G They equity is worthless and the debt keeps accmulating. Ask yourself this - over the last 10 years, when was the annual EPS over $0.01? Never. With current losses, this thing is ...more

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Comment by 88guy88 on Jan 20, 2023 3:16pm

The equity is worth 48 cents a share today..... A takeover price will be much much higher...coming soon! Negative comments on the site are just bashers who want to get cheaper pricing....otherwise why are you here.....certainly not for any concern for my financial well being What is your motivation to bash? Thats the better question. I think we all know.....if you like ...more

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Comment by screamer99 on Jan 20, 2023 3:46pm

What are you, YouTube? Only allowing positive comments? I'm not a basher and I'm happy to fully confirm that I don't own a single share of DWS. There isn't even enough volume to support your theory. Just offering what I see coming down the pipe. I've benefited from others' postive and negative views when I could or could not corroborate/support them. Let's do this ...more

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