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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 acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Bullboard Posts
Comment by bertanderon Jan 28, 2010 12:15pm
274 Views
Post# 16728486

RE: RE: RE: contract

RE: RE: RE: contractWith the nervousness in the market for a correction, Bennett is one of the few companies that has a lot of upside potential and has a solid balance sheet. Steady earnings are guaranteed for at least the next 3 quarters of 2010 and the company is becoming cash rich which may result in some complementary diversification as you mentioned. The last quarter of 2009 will result in a really good 2009 overall which we will hear in a few weeks (Feb/Mar). An announcement for another contract will almost certainly push this stock higher. In my opinion, it's not a question of "if" but "when". Swan Hills Alberta is experiencing a lot of problems with its old facility which opens the gate for additional market share for Bennett. Both Environment Canada and the Ontario Ministry of the Environment are putting more pressure on delinquent companies that have not yet dealt with their PCB storage sites or PCB contaminated property legacies. We have positive analyst coverage slowly gaining steam (Financial Post and BNN), share volume trading is increasing (and there are only 27 million shares outstanding) as the next wave of investors buy BEV. A few that got in early are taking some profits as expected but I'm really having a hard time finding a good reason to sell.
Bullboard Posts