Diamond Estates Wines & Spirit Inc V.DWS

Disaster!!!!!

[habsfan]

I must say I am completely miffed that major shareholders are not voicing their concerns. Get management out now !!!  Get some good business minds behind the wheel.  Tick., tick, tick time is up!!Surely large holders must be very frustrated with the lack of any progress other than continued losses. WE NEED ACTION NOW !!

[pierrelebel]

"Surely large holders must be very frustrated with the lack of any progress other than continued losses." Unfortunately not. Controlling shareholder does not mind seeing the share price go down as it lowers the cost of completing the acquisition of the company a few months from now.

[habsfan]

Can't argue given the length of time this has been floundering.  Decisions will need to be made soon as they will run out of resources. It really is too bad but if Lassonde is looking to take over they will get a sweet deal.  Shouldn't be too much longer.  No one knows the real outcome at this point.

[TheCount11]

Exactly.  Money losing DWS market cap is only $10 million.  Its a hobby for a retired CEO.  Crappy wines.

[Possibleidiot01]

Many years ago , I spent some worthwhole time visiting one of their stores/wineries and the experience stopped me from investing in them . It wasn' the quality of wines although I agree witht the count , they are not wonderful for the most part . I like Red Tractor. It was the young saleswoman who said she had drunk a bottle of wine that I had purchased the night before and not got sick