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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

Comment by flamingogoldon Jan 27, 2023 10:46am
205 Views
Post# 35250095

RE:RE:RE:RE:RE:RE:holding steady

RE:RE:RE:RE:RE:RE:holding steady
hmm, ok I stand corrected on the wipeout. My error for not doing DD. After holding for so long with BBD and almost getting wiped out and also SRV and almost getting wiped out, I did not have the appetite to jump on another company on the edge.
 
Overall, quite a turnaround indeed for all of them and at least I stuck with 2 out of 3 which ain't bad. ATZ was on the advice of my daughter. I will still hold it but RET was definitely the big winner. Looking at the chart I agree it can see $4-7 now. As far as ATZ goes, the Americans will eat it up like LULU. All that's needed is a Nasdaq listing.

babedinkleman wrote:
flamingogold wrote: The big headwind for retail/fashion of course is a looming recession. I'm in the soft landing camp and the BoC pausing, while expected, is good news so I opened a starter position and see where it goes leaving room for a pullback.

Oddly, tt very much resembles BBD of the last decade, the latter which I have owned for the last 6. A tumultuous period indeed much like brick and mortar retail. Only difference is BBD did not wipe out it's shareholders during restructing and for that I am grateful as I have a very green position now and used my trading shares to open my RET position.

babedinkleman wrote: Thanks flamingo....no matter from what angle I look at it's still crazy cheap....the real estate alone is worth close to the share price.  I'm thinking $4 within a month is easily doable and any positive event as I suggested 'should' be on the horizon and $5 or 6+ isn't out of the question within quick order.   Coincidentally both Reitmans and Diversified closed at the same price today.
flamingogold wrote: babe, kudos to you on going with Reitmans. I still hold ATZ, I think the opportunity for real stock appreciation will come with a US exchange listing. It's a hold at the current level.

babedinkleman wrote: Nice....nothing wrong with taking some profits maypeters.  Not like this is going to blow through $4 or $5 any time soon.....if ever.  Tough to argue with the dividend though.
Worth looking at Reitmans if you're looking to put a little money to work.....although it's already moved up some it may still have a double or more in it if everything doesn't go to shiit economy wise.....and to be honest even if it does still should have more upside.. 
We were discussing it here a while back comparing it to Aritiza...and how undervalued it was in comparison.  Very different companies....no growth....different price point and clientele but given what we may be heading into that's not necessarily a bad thing.  Zero debt doesn't hurt either.
Worth noting from a few months ago when we were comparing the two.....Aritiza is flat and Reitmans is up 80%. Even after that move it still ticks all the boxes for another double in 2023 with some big catalysts ie restarting the dividend (they could easily be paying a 50 cent annual dividend right now)....uplisting back to the TSX etc. 
Covid reorganization worked very very well for them and they are a debt free cash generating machine now.  I never thought in a million years I'd invest in women's retail clothing but it's about as undervalued a stock as there is right now in my opinion. 
Anyway just thought I'd put that out there......not looking to start more off topic threads but have a look if you have time.







Good....seemed like your kind of stock.....that's why I was a little surprised a few months back when we were doing the comparison you didn't seem more interested.  I see a mild recession somewhat affecting them....but again the value retailers never get hit as hard as the higher end ones such as Aritiza....Roots etc in downturns.  Also they didn't wipe out their shareholders.....you just had to hang on for the wild ride which I believe may have bottomed just below a dime....not positive though.  Talk about a turnaround.


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