Diversified Royalty Corp T.DIV

Sold out at 2.91

[Shirtlessnomore]

Wondered if I'd be able to squeak back in cheaper but patiently waited for the 2.85 today. Maybe a bit risky but it was equal to tripling my dividend for the month and offered some entertainment in these ridiculous times. Cheers

[babedinkleman]

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[Shirtlessnomore]

Well said, one thing I have noticed tho right across the board, nothing I own has really moved at all in the last 6-8 months, sure you get this little burst for a couple days and then bam the media barfs out some utter garbage and the markets give up 2-300 points in a day. Like the TSX is sitting just over 21,200 points and it's pretty much lived there, or at least in a window around that. It

[nedstar71]

While I disagree with this being junk, that is an interesting observation. Executive compensation is tied to new royalies being inked as opposed to stock performance. I wonder if the company's path may have been different if compensation was tied to the latter. Sean owns many shares and options so he benefits greatly from and increased stock price too. But difficult to argue with the sentiment

[Tommy123]

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[nedstar71]

I always find it interesting when I look at the trading, no matter what the share price, whether it's moving up or down the asks always dwarf the bids by a wide margin. Not encouraging. If it were the other way around I might take a play out of shirtlessguy's playbook and sell into the $2.90 that never holds. Unfortunately my share count is too high given the volume to be that nimble.

[Tommy123]

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[KC8]

nedstar - I have also noticed the asks overwhelm the bids on many occassions.  Not sure if this occurence would deter prospective buyers of this issue. I trade via T/A.  One rule I follow is to never buy a stock that is trading 2 weeks in a row below its 10 week M/A.  Once a downtrend is established you simply do not know where the bottom lies.  

[JayBanks]

  If your looking long term you would rather pay the compensation up front rather than draw it out and base it on stock performance in this case. I'd rather pay what ever % of the deal up front, rather than drawing out over several years. It's cheaper for the shareholders. And as a share holder himself his stock preformance based bonus is his personal gains from share price and

[babedinkleman]

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[JayBanks]

Very true, their large crash did start in mid 2019 before the real hit of 2020, good call on that. They we stable 2012-19, is there a reason for their restaurants fall off? I was a Jack Astor's guy before they change thier mashed potatoes and steak size many years ago, after then it was only when they were convenient or had something going on, only did a couple trips to Canyon Creek as I

[babedinkleman]

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[Shirtlessnomore]

Agree, as far as restaurants go I think there is much pain on the horizon between the folks who cant even currently go in them, the closures, the rising costs of food and the serious employee issue these places have coupled with higher wages in place January1st. This is NOT a sector I want anything to do with and I think even the little piece of it we have here is holding us back. Jmo anyway. I

[Shirtlessnomore]

What I typically do is buy more than I want to keep when its low and then trim, last time I did not but was confident enough that some news post ex date would allow me back in. I always keep cash as part of my portfolio and never go all in so those cheapie shares i can always grab when available. Cheers!......... I also thought about trimming 25-50% of my holding above 90 and putting lower bids in

[TickerTwit]

It seemed to me that things were humming along nicely in very early 2020 before the magnitude of the coronavirus threat was clear. DIV may return to and even surpass that state -- even without a new royalty -- once we've got a stable situation with the virus. Mike's and Air Miles are concerns though. .

[Tommy123]

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[dogatcat]

You buy this at $2.70 an change, sleep tight at night, and just let it DRIP.  Sean Morrison is the man.  Talk to him for 15 minutes and you will know what I am talking about.  He is conservative with his money and yours, and he looks for the right deal, at the right time,  and will walk if it is not best deal.   This is the guy you want handling your money in the

[logisticsguy]

I bought more at $2.73 on Monday but the majority of my shares were boght at $1.72

[Tommy123]

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[logisticsguy]

what happens if he dies tomorrow

[logisticsguy]

as in a succession plan

[taman1]

Nobody is indispensable. Look at Apple and Steve Jobs. Tim Cook succeeded Jobs and took Apple to a few trillions in valuation. BOD will always find someone hopefully better of course.

[Tommy123]

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