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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 11:13am
119 Views
Post# 7425345

RE: conference call April 29

RE: conference call April 29Hi Snooze, Now I will try to answer your question. Keep in mind that none of us know all the answers since the company is often vague when they answer questions as you pionted out. They can store up to 40K tons at St. Ambroise and they had targeted to fill it up by the end of 2003 but they ended up light with only about 20K tons, all low margin as it turned out. It would appear that they did not recieve any other soil during Q1. I think the weather is only part of the issue and BTW the weather was also blamed the year earlier. The fact is that the flow of product simply did not meet Bennett's expectations or needs. I hope this gets resolved as I explained earlier. I cannot blame anyone new to this stock for wondering what the hell is going on...but then I wonder that about many of the stocks in my portfolio and others I do not hold.....It seems that company management ineptitude is more the rule than the exception these days. Cheers!!!
Bullboard Posts