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Bullboard - Stock Discussion Forum 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... see more

TSX:DIV - Post Discussion

Diversified Royalty Corp > Anecdotal evidence
View:
Post by BlueJay2020 on Mar 22, 2023 12:50pm

Anecdotal evidence

I spent $1500 at Mr Lube today, money that would normally have gone to a local mechanic.  Historically, I've only used Mr Lube for an oil change, but this year I am using them for most things.  If I'm any way typical it helps explains the large increase in comp sales and the potential for a lot of growth. To me, it makes whatever happens to Air Miles somewhat of an irrelevance.  And who knows, the BMO acquisition could even breathe new life into the old girl.

I'm not currently invested in DIV by the way, although I have in the past, but my finger is on the trigger.
Comment by maplak on Mar 22, 2023 6:32pm
Wow $ 1500 at Mr. Lube in few hours. One of my cars is Hyundai Santa fe sport 2014 . Since I bought it I have spent on maintenance about $ 1000 and that's with a winter tires included. What a ripoff franchise but I like to collect dividends. Stock is down a little bit but I will wait and as I wait I hydrate. By the way the best deal for the beer as I am writing is the Grolsh pils 24 pack 0.5 l ...more  
Comment by nedstar71 on Mar 22, 2023 8:55pm
Evidence of?  Why would you do that and what was done?  
Comment by maplak on Mar 22, 2023 9:57pm
This post has been removed in accordance with Community Policy
Comment by BlueJay2020 on Mar 24, 2023 1:13pm
Evidence that the average spend per visit is dramatically higher than it used to be, because Mr Lube is offering far more services now than just an oil change and other basic services.  
Comment by nedstar71 on Mar 24, 2023 1:50pm
What did you have done?  $1500 sounds very high.  There are only so many fluids and filters on a vehicle.  
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