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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Any compensation?
View:
Post by grasshopper1917 on Mar 30, 2023 6:23pm

Any compensation?

There hasnt been a peep on what is going to happen with the Air Miley Royalty. Is it just going to disapear with no compensation? Shouldnt they have said something by now. Even indicate they may be negotiating with BMO - or indicating their investment is just lost?
Comment by nedstar71 on Mar 31, 2023 5:26am
I believe it remains in force and is not subject to Loyalty Venture's issues.  DIV owns the trademarks for use of the Air Miles name, logo etc in Canada.  Even in bankruptcy Loyalty Ventures will have choice but to continue to keep making payments as to preserve use of the trademark if they are still deriving income from it, which they are.  Otherwise it would indeed be ...more  
Comment by Tommy123 on Mar 31, 2023 2:17pm
This post has been removed in accordance with Community Policy
Comment by nedstar71 on Mar 31, 2023 3:44pm
Move along Tommy the adults are talking.
Comment by Tommy123 on Mar 31, 2023 3:52pm
This post has been removed in accordance with Community Policy
Comment by nedstar71 on Mar 31, 2023 4:03pm
Apparently and thank-you for clarifying what you are.    As mentioned, just as when Aimia sold Air Miles to Loyalty One, the brand and required loyalties with using the trademark will remain intact.  Rebranding isn't an option.  Next quarter will be the highest revenue and earnings for DIV in it's history.  It very well may move the stock to finally break $3.75 ...more  
Comment by Tommy123 on Apr 01, 2023 10:43am
This post has been removed in accordance with Community Policy
Comment by Tommy123 on Mar 31, 2023 2:16pm
This post has been removed in accordance with Community Policy
Comment by Divies on Mar 31, 2023 3:53pm
You should look up what owning a trademark means.  Sean M is no dummy, there is a reason why DIV owns the trademarks and certain intellectual property for all these companies.  BMOhas no choice but to pay DIV the royalty payments, otherwise they can be sued for using the AIR MILES trademark.  They will not want to rebrand when AIR MILES is one of the best known loyalty brands in ...more  
Comment by Tommy123 on Apr 01, 2023 10:47am
This post has been removed in accordance with Community Policy
Comment by Divies on Apr 01, 2023 12:46pm
I don't know this for sure, but I suspect that DIV has some sort of clause in the contract that prevents this, otherwise what's to stop all of their Royalty partners from doing this?  I also suspect that if BMO wanted out of the royalty agreement, they would have to pay some sort of penalty.  An established brand like AIR MILES is worth much more than you think and I really don ...more  
Comment by Tommy123 on Apr 01, 2023 2:52pm
This post has been removed in accordance with Community Policy
Comment by nedstar71 on Apr 01, 2023 6:03pm
It was great buying opportunity at $2.90, and I took full advantage of it, replacing all the shares I sold in the $3.25-3.40 range.  I assume you missed it Tommy,  hence the increased bashing recently?  This rebranding to avoid royalties angle is extremely foolish, even for you.  What's next?  Nurse Close By, Mr. Miguels, Harvard Learning Centres,  Dr. Lube Plus ...more  
Comment by SlickRick40 on Apr 03, 2023 1:52pm
Tammy best to remain silent whilst the adults do the talking.     You have yet to explain why your top pick Just Energy JE is bankrupt shortly after you said it's a large part of your portfolio.    Are you back from overseas?    
Comment by Capharnaum on Apr 01, 2023 12:47pm
Considering the royalty is on transaction of air miles, even in a rebrand situation, they'd have to pay a royalty to move the current air miles to their new "brand".
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities