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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 SurfForWealthon Apr 30, 2004 9:35am
105 Views
Post# 7424656

RE: Conf Call and Beldune question for the board

RE: Conf Call and Beldune question for the boardI was reading old analysts reports from RC from 2002 & a few from various analysts for 2003. It is no secret that the stock has been very volatile over the last 2 years and the expectations for soil throughput and related earnings have fluctuated wildly. I think we mostly agree that the management has done a poor job of keeping us accurately informed. They have kept us informed but that has often been innaccurate and/or misleading. This has lead to the problem of many questioning the credibility of management. Many of us feel we cannot trust what they are telling us. A good recent example of this would be when new CEO Alan Bulckhaert was interviewed on Robtv around March 31 and told us that the previous guidance of $1.45-$1.55 should only be effected by a 10% worst case. That would mean $1.30-$1.40. Well many of us, including the analysts knew better and now 1 month later we are getting early analyst estimates of 65 cents for 2004. Can anyone else see a problem with this????? I would like to suggest that Bennett management put out a monthly update informing us of how much soil has been processed that month and how much is in the storage facility at each site. My goal would be to smooth out the expectations and stock volatility. Of course we would not know the financials but at least we could avoid some rude surprises. What do others think? Cheers!!!
Bullboard Posts