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Pizza Pizza Royalty Corp T.PZA

Alternate Symbol(s):  PZRIF

Pizza Pizza Royalty Corp., through Pizza Pizza Royalty Limited Partnership (the Partnership), owns the trademarks, trade names and other intellectual property used by Pizza Pizza Limited (PPL) in its Pizza Pizza and Pizza 73 restaurants and in its international franchising business. Pizza Pizza is a franchise-oriented restaurant business operating primarily in the province of Ontario in which it leads the pizza quick service restaurant (QSR) segment. Of the 681 Pizza Pizza restaurants 679 are franchised or licensed, and two are owned and/or managed as corporate restaurants. Of the 681 restaurants, 207 are non-traditional locations which have limited operating hours and a limited menu. PPL is a privately held company that provides service and operational support to restaurant operators. There are 103 Pizza 73 locations operating in the QSR segment, principally in the province of Alberta. The Pizza 73 business also includes a central food distribution center in Edmonton.


TSX:PZA - Post by User

Bullboard Posts
Post by longtradeon Aug 12, 2018 11:48am
268 Views
Post# 28446448

One 1/4 is not a trend

One 1/4 is not a trendExact same thing happened in Q2 2015,stock took almost a year to resume it's up trend.This time it's even worse because all bond proxies are out of favour.There is major support at $10.If you believe interest rates will soon be 5% + you don't want this stock or any bond proxy.PZA will come up with some new promotional item,maybe a pie the shape of Justin Trudeau's head,millennials will be back and the grind higher will resume.This company has always been a slow grower,3 steps fwd 2 back.Collect your 7% dividend and stick it out.There is probably a market correction coming in the fall,Pza will likely get bought then as a flight to safety.
Bullboard Posts

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