Diversified Royalty Corp T.DIV

BarBurrito

[TheeRook]

Is BarBurrito any good?
Will it be the next Chipotle Mexican Grill?

[BlueJay2020]

Hard to say at this point... Is there room for growth in Canada in this segment?  For sure.  Can BarBurrito grab a good chunk of that?  Probably.  Is it going to be the dominant brand up here, akin to Chipotle?  There's so many variables to that, some of which is virality and not within the control of management.  But my gut is that would be a pretty big ask, nor

[TheeRook]

Looks like BarBurrito will have more franchises in the US (350) than in Canada (300) BURRITOBAR has been expanding its presence in the USA and as of today’s date, they operate in three locations in Michigan and will be opening its fourth location next month in Delaware.  Since Q2 of 2023, franchise development in the United States has soared and BURRITOBAR now has commitments for over 350

[TheeRook]

It looks like DIV only bought the rights to Barburrito in Canada only. Diversified Royalty Corp. (“DIV”) has acquired the trademarks and certain other intellectualproperty used by BarBurrito Restaurants Inc (“BarBurrito”) in Canada, adding an 8throyalty streamto DIV’s portfolio for $72M cash at closing and certain additional consideration

[TheeRook]

The news release is confusing.  later it goes on about opportunities in the US market. The Opportunity With the rapid increase in interest rates, DIV believes private equity’s model of high leveragewith low-cost debt has become less competitive, creating an opportunity for DIV’s uniqueroyalty transactions, particularly in the US market, where there is less awareness In January 2023, DIV

[pennydredful]

in   other  words  get  ready   for  boat loads  of new   issues  .  

[pennydredful]

Thinking   of    Mexican   food   two  things   come    to   mind     a. illegals   crossing   the border Mexican   and  otherwise   and b.  over   the next  48  hours  stay in close proximity  to a toilet !  Anybody 

[nedstar71]

I'm  just  tryng  to  figure  out  why  you  put  two  or   three   spaces  between  the  words  in  your  postings

[pennydredful]

There is no reason for it . Obviously I am a poor keyboaredest . I am not aware when I do it. In fact I have to concentrate not to do it.  Perhaps It allows a fraction of a second more for my brain to conjugate up the next word. I might even think it is normal. 

[nedstar71]

Interesting.  If it helps who am I to say it's bad.  I   think    you       may          actually           be        right too. Cheers!

[JayBanks]

  Let's not discuss what happened with CMG... brings up past trauma (I was on the edge of making it my first ever investment with $5000 in October 2012 when it was around $250 a share, but the fact I was only getting like 20 shares and no dividend scared me away... would be $51,389.60 today... 10 X in less than 12 years...) I think I'm gonna go visit a tall building tonight and

[BlueJay2020]

:)  Logically, the owners of Bar Burrito think there is growth ahead as the royalty deal allows them to keep all the equity.   Hopefully, they are right and shares will be at $6 in a decade.