Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s): BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships

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

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Post by JayBankson Feb 16, 2024 7:33pm

As it looks right now…

So these are some rough napkin numbers to look over, but take them with a grain of salt or accuracy... Last quarter we ended with 143.4 million shares outstanding, the private placement adds 20.3 ...more

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Discussion

Comment by nedstar71on Feb 16, 2024 3:27pm

RE:RE:RE:RE:RE:No New Shares

They are payng off debt with the money

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Discussion

Post by hawk35on Feb 16, 2024 3:15pm

Stock issue is new shares not treasury shares.

The key is in the wording. The press release says the new shares were "issued from the treasury". It does not say they are treasury shares held by the treasury. They always ...more

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Comment by prophetoffactzon Feb 16, 2024 2:34pm

RE:RE:RE:RE:No New Shares

"It also seems like these shares do dilute the EPS..." They will buy another royalty stream with the money.

Discussion

Comment by JayBankson Feb 16, 2024 1:45pm

RE:RE:RE:No New Shares

I looked at investopedia couple timbits, but this is still above my pay grade of full understanding. The last raise they did for the Stratus deal also came from the 'Treasury' and the ...more

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Discussion

Comment by Fishingbuddyon Feb 16, 2024 1:02pm

RE:RE:No New Shares

I was wondering this myself so I did some digging online. (It's online so it has to be right lol) Copied from the corporatefinaceinstitute.com website. "Treasury stock, or ...more

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Discussion

Comment by BarstoolSageon Feb 16, 2024 12:14pm

RE:RE:No New Shares

Dilution in earnings ...possible....but shares out equals cash in. So no dilution in value except for the share issue price being less that trading values. And as long as the new cash in is put to ...more

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Discussion

Comment by pierrelebelon Feb 16, 2024 10:52am

RE:No New Shares

logisticsguy wrote "This came out of the treasury so there was no new dilution" ???? Please explain. Everyone else knows differently. Shares issued by treasury mean more shares issued ...more

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Post by logisticsguyon Feb 16, 2024 12:48am

No New Shares

This came out of the treasury so there was no new dilution

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Comment by dogatcaton Feb 15, 2024 11:31pm

RE:DIV performance

In Canada, when Trudeau is gone and a more realistic EV target is set by a Conservative government, Mr. Lube will continue to be a cash cow. Higher interest rates also make acquisitons ...more

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Discussion

Post by hawk35on Feb 15, 2024 6:12pm

DIV performance

As mentioned by a previous poster, the DIV business plan is to collect royalty payments from clients and pay the majority of royalties as dividends to shareholders. Shareholder dilution happens ...more

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Discussion