Boston Pizza Royalties Income Fund T.BPF.UN

Alternate Symbol(s): BPZZF

Consumer Cyclical Restaurants

Boston Pizza Royalties Income Fund (the Fund) is a Canada-based open-ended trust. The Fund operates through its subsidiaries, Boston Pizza Holdings Trust, Boston Pizza Holdings GP Inc. and Boston Pizza Holdings Limited Partnership, its 80% owned subsidiary Boston Pizza GP Inc. (BPGP), and its interest in Boston Pizza Royalties Limited Partnership. BPGP is the managing general partner of Royalties LP. The Fund indirectly, through Royalties LP, acquire the trademarks and trade names owned by Boston Pizza International Inc. (BPI), including 'Boston Pizza' and other similar related items, logos and designs (collectively, the 'BP Rights') used in connection with the operation of Boston Pizza restaurants in Canada. The Company operates approximately 372 Boston Pizza Restaurants in the Royalty Pool, of which approximately 370 were operating and open for business to the public.

TSX:BPF.UN - Post by User

Boston Pizza Royalties Income Fund

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Post by beeker2on Mar 20, 2014 11:44pm

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Post# 22349488

volume

I think I posted this a while ago. There is so little volume that pushes the SP around. There is a ton of institutional investment here. You have to think if the yield goes to 6.5-7% we will get buying. If you are trying to achieve a good return for your investment clients this stock is the easiest pick on the TSX. Be that as it may, I don't like the 4 dollar price drop over 8 months. I admit the bought deal is a little strange. Are the proceeds to buy back shares which will push up the dividend? The next few months will be interesting.

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