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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 Aug 10, 2010 9:03pm
391 Views
Post# 17339623

RE: RE: Beaverdam Creek Thorold PCB Clean-up

RE: RE: Beaverdam Creek Thorold PCB Clean-upThanks babedinkleman. I'm also amazed that this stock trades close to cash reserves with no debt. That's nice security for us. I had sold a lot of my position months ago but start agressively buying back when it dropped below 2.00. I now own about 65% of what I owned back in the crazy run up days. There are also some really good companies to purchase at a further discount now. It's not such a bad thing that Bennett has waited. When that purchase happens, I think the stock is going to move quickly. The overall risk will be significantly lowered when they diversify their business. That acquisition along with new projects (remaining storage sites and unlimited contaminated sites) is going to send this stock into the stratosphere.

I picked up some Englobe today by chance after being reminded about it being or not being a potential acquisition target and then reading their MD&A  and also seeing that the stock took a dip yesterday and today. Earnings were just released and are good. Don't know if Bennett is looking at them at all but we may see some movement on the Englobe stock tomorrow.
Bullboard Posts