Vintage Wine Estates: As Contrarian As It Gets
VWE has plunged for good reason. But high-risk investors should be taking a very long look.
Vintage Wine Estates has accounting problems, plunging margins, and an ugly balance sheet. Fundamental analysis suggests the stock is a screaming sell.
But the company and the stock have one enormously valuable attribute: time.
Turnaround potential is real, and valuation is reasonable if the business improves only modestly.
VWE looks like a “zero o…