Diversified Royalty Corp T.DIV

Well… that didn’t go as expected…

[JayBanks]

Distributable Income went from 10,376,000 to 9,573,000 add in all the new shares and we see a hot blonde at 9PM turn into a horrific monster at 3AM after she's made out with 5 guys and puked twice in the alley beside the bar...

6.29 Distributable Income per share is wild, I expected a cent higher...

[Dadsaid2]

Sort of normal really.  You are comparing Q1 to Q4 and if you look back and compare prior Q1's to Q4's, Mr Lube always goes down $ 1 million or more in Q1s which makes up most of the drop you are concerned about.  Mr Lube is always slower in Jan & Feb as Xmas bills come in etc.  Just a fact. Good news is there is enough to 100% cover the Q1 dividend but the payout ratio

[nedstar71]

As mentioned I think distributable income is always lower in Q1 vs Q4.  Jan-March are always the slowest months for almost all businesses.   But yeah overall not much to get too excited about. That's the issue with this.  No catalysts and the only 'good' development is another royalty, which I question if it is actually good, other than being good to be on the

[JayBanks]

I like base projections on numbers they gave us after the BarBurrito acquisition (Stratus before that) that we were suppose to produce a predicted $41,389,000 in Distributable income over the year, of course divided by 4 to give a basic average quarter of $10,346,000, which should also be increased upon as that was projected in November and we had some royalty increases take effect since

[rabnud]

SO  DIV comes in with Great revenue and overall great quarter and the Price goes down ;;Markets make no sense these days at all 

[BlueJay2020]

It's because the stock in the high $2.80s is a HOLD, not a BUY.  Many of us realise the stock is unlikely to get much past $3 in the short to medium term, and we're here primarily for the distribution.  Bascially 5% upside to $2,90 price and maybe 10% downside.

[ARGONOT]

TIME TO SELLL.STUCK IN THE MUDDD.??? glta

[rabnud]

this thing is Dropping as fast as a rock off a cliff   what $ell Terrible perforrmance