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Opinions Stephen Takacsy, B. Eng, MBA
Diamond Estates Wines and Spirits Inc.DWS.VBUYJan 30, 2023
Stephen Takacsy, B. Eng, MBAStock price when the opinion was issued
As of Jun 19, 2026. Market Open.
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He remains a big shareholder. The pandemic hurt a lot of alcohol companies by cutting off their sales channels, and supply chain problems push costs through the roof. They now have a big shareholder, a major player in North American juices, and he expects them to buy out DWS. DWS has divested some assets like real estate. They're putting the pieces in place for this sale, he suspects. Chances of shares rising are quite good.
There are only two publicly traded wine companies, this one and Peller. The pandemic hurt both but they are doing a little better now. His company owns just under10% and Lassonde owns 30%. It needs a better bottom line but there is good upside on a take-over of the rest of the company at a much better price.
It was hit hard during the pandemic when restaurants were closed, but are recovering strongly. Recently, have faced higher freight and material costs. Despite those, margins are healthy. Consumers are returning to bars, restaurants and airports. He expects better results in coming quarters. Lassonde owns over 30% of DWS and he expects them to buy out the company once DWS improves its margins in say 12-18 months.