RE:ComparablesYep, there will probably be an impairment reversal at year-end. Non-cash as you say, so it doesn't really matter. The only thing that will shift sentiment is a divi increase or a deal. One problem management has is brand recognition - they have some good brands but buried in an unpopular and generic name - no-one likes diversified these days, it's all about pure play. Unfortunately none of the brands are big enough to split off.
nedstar71 wrote: I know there aren't any direct comparables to DIV given it's wide range of sectors but it's interesting to note Boston Pizza, the Keg, and Sir all raised their dividends recently and the share prices responded accordingly. All three are now trading above pre pandemic levels. I believe DIV wrote down almost half the value of Mr Mike's early in the pandemic, if these others are any indication it may be doing ok. I'm no accountant but I assume there would be a non cash gain if that writedown is reversed. That being said it would be nice to get some real interest in the stock. I'm sorry but when Boston Pizza is outperforming DIV during a pandemic there is something very wrong, whether it be a real problem or just a perceived problem. This has been a broken stock far too long. The market is at all time highs ffs and we can't even hold $2.80. It's time for a change, whatever that may be. Difficult to imagine management doesn't see this. Sell something. Buy something. Sell everything. Start over. Something. Anything. The market has little interest in this company in it's current incarnation.