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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
Post by bertanderon Sep 09, 2011 2:13pm
184 Views
Post# 19027338

Global Markets

Global MarketsDoesn't look good for global markets (Dow selling accelerating). Obama's employment rescue plan may not get passed because of Republican opposition. The Greek Debt crisis is back in focus as is the rest of Europe. Some of the companies that Bennett would provide services to are getting hit hard which could result in them pulling their clean-up plans. We could also see some tightening on government spending both in Canada and the US which will not be good for future projects. The cost for destructing PCB soil is very high. Further there is solid competition with Phase Separation Solutions (PS2) which is WMT on the Venture and Horizon Environmental in Quebec which is a PCB soil treatment company.

I think BEV's best option for survival in the future is to diversify into other businesses (which we have talked about in the past) with their significant capital. As the economy drops, some of these companies might become alot cheaper.
Bullboard Posts