Diversified Royalty Corp T.DIV

Buzz on the Bullboards: TSX hits new high amid holiday optimism and sector disparities

[Jonathon Brown]

This past week, the TSX reached a new intraday high, reflecting a buoyant market sentiment as investors gear up for the holiday season. read article.

[dogatcat]

Great analysis and we pretty much know that the Bank of Canada is cutting by 1/2 % again next meeting, possibly 3/4%!    Lower interest rates here in Canda a no brainer and DIV is a STORNG

[nedstar71]

I think you're winning me over. Those bank loans I was stuck on that have gone from 109 million to 175 million over 2 years being about +66ish million.  This does make sense as they diluted

[JayBanks]

You say I’m over complicating this… *eyeroll*   Ignore the term loans, to the best of both our knowledge (which is limited) they are doing nothing that meaningful to us in the grand scheme of

[nedstar71]

The somewhat convoluted and twisted workings of their balance sheet and debt instruments I won't even pretend to understand.  I recall some overlap from the Mr. Lube credit being used to

[JayBanks]

  You’re not the first to point that out and I do not disagree with that, I am a simple yet overly complicated individual in general...   I’m not fully aware of the inter-workings of

[TimeBuilder1]

Pay Day is Friday Nov 29th  ;>)

[financebuff101]

Has anyone noticed anything strange about the latest DRIP?  I am with RBC and this is what my account is showing today: Yes, less than a penny per share... I am pretty sure they will fix it over

[nedstar71]

You're right, it's all so simple < sarcasm While I'm not an expert by any means, I think you often tend to somehow both overcomplicate and oversimplify things at the same time. 

[JayBanks]

What is difficult to follow on it? On the current dividend/Distributable cash, they did not distribute $654,000, the previous quarter was $1.32 M... They they make an acquisition and the new royalty

[nedstar71]

It was the part I put in bold that I wasn't following  "that should get paid off fairly quickly just letting it run."

[JayBanks]

6-9% is likely the rate to hold a balance on the acquisition lending facility, it can be looked up in the MD&A or anouther document, but I just gave an expected range... There is no real reason

[nedstar71]

I don't follow.  What do you mean when you say " I'm ok with paying 6-9% interest on a loan that should get paid off fairly quickly just letting it run."

[JayBanks]

Well I'm still in the camp I wanna see more deals, and I don't want to dilute to do it. We have a strong base, I'm ok with paying 6-9% interest on a loan that should get paid off fairly

[nedstar71]

The only problem with that is I think the timing has a lot to do with the specifics and availability of the deal itself than the share price that finances it.  Sure they would prefer to dilute at

[hawk35]

Hi JayBanks.  Not trying to cause fear.  This company grows through acquisitions.  They finance a big part of it by issuing stock  usually10% below the current trading price.