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DAVIDsTEA Inc. (DTEA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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3.6900-0.0500 (-1.34%)
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  • J
    Josef
    Not filled yet fully - tried to get another 3800 shares at $4.36, got so far only 2100 shares :-)
    Cash flow positive company without debt can go only up... and if goes down, then it gives only opportunity for discount on its way up...
    This discount gets massive
    And the charts says so...Massively oversold...
  • Y
    Yahoo Finance Insights
    DAVIDsTEA is up 10.88% to 3.77
  • J
    Josef
    12600 ... it is never a problem to hold the shares of company which has no debt and makes money... both earnings and confirmation of unbelieveable agreement with creditors makes DTEA a very safe and the same time cheap profitable company
  • L
    Leon Battista
    After the successful close of the arrangement, new SA article is out:
    DavidsTea: The Restructuring Procedure Is About To Spit Out A Debt-Free Tea Merchant With Significant Profit Potential
  • J
    Josef
    Q3
    August 1,150,000
    September 1,150,000
    October 1,450,000
    Q4
    November 2,150,000
    December 2,000,000
    January 1,350,000
    Q1
    February 1,150,000
    March 960,000
    April 940,000
    Q2
    May 960,000
    /source : similarweb/

    Facebook followers : 368 352 January
    Facebook followers : 369 296 May
    Facebook followers : 369 165 June 18, 2021

    + Stabilization and small increase in website visits
    - Slight decrease in number of followers on Facebook
  • J
    Josef
    I was waiting for June numbers to confirm the trend direction change...Today they are out

    Q3
    August 1,150,000
    September 1,150,000
    October 1,450,000
    Q4
    November 2,150,000
    December 2,000,000
    January 1,350,000
    Q1
    February 1,150,000
    March 960,000
    April 940,000
    Q2
    May 960,000
    June 820,000 ... ok, this is really not a number to boost pps up if you were betting on DTEA like an e-commerce (stone shops went bankrupt)... I would say ok, summer time is a good excuse...but just see what numbers were there in August last year...they would have to increase the visits by 40%
    Chart is saying they should pop up...somehow...but this is a chart play and not an investment untill the negative trend is changed

    /source : similarweb/
  • L
    Leon Battista
    Some people will sell the news, some others don't understand that this is a transformative quarter. That could give us an opportunity to add at $5 or below, for a few days.
  • h
    hubert
    June 11th : CCAA meeting 🚀
    June 15th : Earnings 🚀🚀

    We’ll reach > 7$ very soon!

    Buy buy buy.
  • S
    Sengleang Hor
    $7 calling
  • S
    Shoaib
    Come onn
  • L
    Leon Battista
    DTEA will finish this year with more than 20 million in cash and debt free. The FACTS speak louder than prophecies.
    The stock price went above $4 only with the prospect of a deal around 18 million. In 6/11, that is after 10 trading days, it will move above $4 and stay there. PLUS, the quarter results will be out until 6/18. Guess what will happen after them.
    So, if you still short a stock with such catalysts, wake up and move to one of them many still overvalued hyped meme trash stocks.
    Bullish
  • J
    Josef
    it is nice DTEA wants to focus on being global, but I believe they should focus instead on portfolio they offer. As e-commerce making already money they should focus on becoming not only tea shop but tea & gift shop... and then add other and other products of high quality and also price... I mean avoid the cheap stuff...
    Amazon was book shop... DTEA is perfectly positioned to become luxury tea & gift e-shop. And North America is perfect place to be...
  • L
    Leon Battista
    After 6/11 DTEA will be:
    -Debt free
    -With cash in hand.
    -Growing.
    -With FCF, positive cash flow.
    -Trade far below its annual revenues.
    They could start pay a dividend.
  • L
    Leon Battista
    The only problem is that the agreement of $18 million is certain, so likely is priced in already. The stock price will need the quarter's results to react, if them are positive.
  • J
    Josef
    some automatic trades searching bancruptsy in stock news are giving here unbelieveble opportunity when good news is shorted... I have placed a bid for another 3,600 shares... at 4.81....
    E-commerce which makes money, with 31M cash, no debt and market cap $126M

    Filled...16,200 shares now...Time to feast :-))
  • S
    Shoaib
    Come onn let me see $7
  • J
    Josef
    https://www.facebook.com/DAVIDsTEAChicagoDamenAve/
    New tea room in Chicago - 126 followers

    https://www.facebook.com/DAVIDsTEA-172607506664935/
    New tea room in South Windsor, Connecticut - 21 followers

    Main page David´s Tea on Facebook - 369 165 followers
    June 16, 2021
  • I
    Ian
    $4.00 before 6/11.
  • G
    Grandslammer
    “The Plan of Arrangement results from extensive discussions with our creditors. We thank them for their understanding, co-operation and patience and look forward to completing the CCAA process following the creditors’ meeting on June 11,” said Herschel Segal, DAVIDsTEA’s Chairman and Founder."

    Appears to be a done deal!
  • P
    PepperAnn
    The CEO of candy retailer Squish is taking over from her father as head of insolvent tea company DavidsTea.

    Sarah Segal becomes chief executive of the Montreal-based company today while chief financial officer Frank Zitella becomes president. DavidsTea co-founder Herschel Segal is stepping down as interim CEO but will remain board chairman.

    The executive changes were announced Tuesday as the company reported its second-consecutive quarterly profit.

    It earned $14.5 million or 54 cents per share in the third quarter, compared with a loss of $10.8 million or 42 cents per share a year earlier.