RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider sellingI think the ones buying for monthly income are happy especially buying at these levels, many decent dividend paying stocks often have little capital appreciation they just flatline however here we shouldn't be with the new acquisitions, it really did appear as tho we were getting somewhere after nnd and oxford, we seemed to get a decent spark and I still think we will get to $4 because there is potentially a lot of good news that can happen here over the next year, nnd should grow dramatically come august, oxford should eventually be kicking a$$ with the lack of focus and schooling, kids are going to need help, we already know about mr lube and air miles. let alone just normalcy and lastly I think they should lower the share count to get away from the traders to some degree, 1 for 4 reverse or something, just thinking out loud but it may be a case where that could be a big positive making this a $10-12 stock going forward could easily turn into $16 when you get rid of the weak hands which would result in the equivalent of $4 at current price.
babedinkleman wrote: bodiggity wrote: Div was on its way to $4.00 pre covid and I think it can easily get back there. Air Miles has a sweet new deal with Amazon, https://www.airmilesshops.ca/en/shops/amazon ; and the other royalty streams came through Covid pretty strong.
I was buying this in the $1.20s and I am still adding on dips. Great return, nice decent upside, I just don't see this stock in the negative light Babe does.
I look for nice soild royalty models like this with great monthly payout.
Listen I'm not saying it can't get there......I was even adding last year around this time in the low 3's as I once again thought....this time.....it's GOTTA move up. And I don't hate the company and I think management is a step above. The stock is a complete disaster though....and always has been. And when a decent share price is at least somewhat required to get some bang for their buck on royalty acquistions share price does matter....big time. Or we get what we have here...a stock that the market absolutely despises.. Will it get to $4? I've thought so many times in the past. Fool me once...shame on you. Fool me twice....shame on me. Fool me 18 times.....shame on me and the people running things to not do something to get the market interested.....and shame on them for selling shares at these levels....the original catalyst for these posts.
Just that fact that a measley $4 is the pie in the sky goal at this point 6 or 7 years after the royalty model was formed is sad. Yup....solid dividend payer but as a stock it's a disaster. Dividends paid would currently only make someone a little better than break even that invested 5 years ago so that just illustrates what a disaster it's been. And yes Covid definitely was a big factor for the recent weakness. But just investing in the TSX as an index in that same period you'd be up 40%. Hopefully I'm wrong and they do do something to shake things up. I'm not impressed though that what we've come to expect is any new royalty deal usually does nothing positive for the share price (if it doesn't drive it down mind you) and any negative news will have the usual effect of killing the share price. Remember when everyone used to post wondering when / what the next deal would be? Notice nobody does that anymore? They've been conditioned that it doesn't matter anyway so other than hoping a deal isn't horrible it's a wash. As a stock it's so tainted at this point I'd really like to see them do something extreme. I'm not sure what to wish for here.....other than something completely out of the box. Sale of the some or all of the royalties.....spin some out.....change the business model whatever it takes. I think Morrison is a pretty brilliant guy and well connected. Surely he can come up with something to light a fire under this thing.
Alright....enough run on negative rambling from me.........happy New Year and pray for a better 2021 !