Pizza Pizza Royalty Corp PZRIF

PZA is a survivor but...

[flamingogold]

I have been in and out of PZA over the years. Exited last year just over $10 after having to average down a few times from higher levels. Broke even.

This company needs new management as they are certaintly doing more things wrong than right. This business should be killing it during the mother of all crashes with a global pandemic that serves to benefit their business model greatly. Just look at Dominos who continues to knock it out of the park.

PZA's dividend has been recently upped but only after a cut. Even now with new shutdowns in the populated GTA and limited to no dining eveywhere else, this stock limps along.

I have long stated that their store footprint is far too big. No one was doing indoor dining well before covid came along. They would have been better off trimming the size of their real estate footprint and going back to a traditional take-out model. Instead, they did cosmetic changes only with new signage and decor.

PZA will be a survivor but it could be so much better.

[Martincat]

I drive by PZA outlet daily and its always busy....Stock has been bullish for sometime now....and distributions keep coming monthly....Cannot be that bad!