Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s): BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships

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... see more

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TSX:DIV - Post Discussion

Diversified Royalty Corp > I am out

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Post by dogatcat on Apr 22, 2022 1:54pm

I am out

I have owned this since $1.20/share and I am out today. When you hear pundits talking abour 75 point rate hikes by the Fed, it is time to listen to the best advice Steve Miller has to offer - go on take the money and run!

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Comment by Tommy123 on Apr 23, 2022 8:54am

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Comment by dogatcat on Apr 25, 2022 11:11am

Div will be the baby when the bathwater gets thrown out. I will be back. But I am a bottom fisher and I see the Fed and the BofC taking the economy and the markets, down to Titanic levels over the summer. Good luck you guys still hanging on.

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Comment by flamingogold on Apr 26, 2022 8:30am

Real estate sales have fallen off a cliff since the first rate hike in years with more to come in June and at every meeting until the end of the year. This is going to hurt the Sutton portfolio part of the business. I would begin some dip buying here but not unless $2.50 is breached.

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