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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 Thunderhead1on Jun 05, 2010 5:47pm
342 Views
Post# 17161893

RE: RE: Anybody Still Long?

RE: RE: Anybody Still Long?Yeah I'm still here hanging around with about 20% of my original holding.

Gotta think that Bennett had something definite in mind when they did that equity offering..... and that Jennings and Cormark were pretty confident in the company's future when the $3.05/unit bought deal size was increased to $25M.  Could there have been a hiccup in the company's plan? 

As it stands, the earnings visibility at Bennett (post Pottersburg) is so poor.  However.... if you have any faith in management's ability and/or if you think that Jennings/Cormark aren't total boneheads.... then BEV here in the low $2's might be worth a gamble, imo. 
Bullboard Posts