Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations across Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is North America’s growing home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is a franchised supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is a quick-service Mexican restaurant chain.


TSX:DIV - Post by User

Comment by Shirtlessnomoreon Nov 15, 2022 2:12pm
115 Views
Post# 35100765

RE:RE:They think we are stupid...

RE:RE:They think we are stupid...Certainly cant argue with anything you said, share price says it all.
babedinkleman wrote: Someone please explain to me why this is a good deal.  Personally I'm not impressed with the royalty itself or the pricing of the offering/dilution. 
Buying the trademarks of a commercial cleaning service based on recent numbers where commercial cleaning contracts went thru the roof due to covid protocols?  Not exactly what I was hoping for.  Far too much dilution......not enough return given interest rates and a company that in my mind may have inflated numbers due to covid.  If Alaris was doing this deal they'd be getting a return of 15% minimum.
I figured they'd be buying the trademarks of a well established brand.....not a commercial cleaning company based in North Hollywood.
More than 10% dilution and some debt for a 2.1% dividend increase?  What?



<< Previous
Bullboard Posts
Next >>