Pizza Pizza Royalty

PZA-T

TSE:PZA

9.33
0.01 (0.11%)
Pizza Pizza Ltd. is a franchised Canadian pizza fast-food restaurant, with its headquarters in Etobicoke, Toronto. Its restaurants are mainly in the province of Ontario. Other locations operate in Quebec, Nova Scotia, and in western Canada.
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Analysis and Opinions about PZA-T

Signal
Opinion
Expert
COMMENT
COMMENT
July 24, 2015

This has a decent yield. The problem with these types is the growth potential. The yield looks very attractive, but what is their ability to grow that yield in another environment? If you are just after yield, and a stable one, this is okay. He doesn’t see any possible dividend increases.

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This has a decent yield. The problem with these types is the growth potential. The yield looks very attractive, but what is their ability to grow that yield in another environment? If you are just after yield, and a stable one, this is okay. He doesn’t see any possible dividend increases.

COMMENT
COMMENT
November 26, 2013

Pays a nice dividend yield and has a reasonable business model that keeps on grinding higher. Thinks it has been pushed a little bit ahead of itself in valuation because of the 5.8% dividend yield. Will probably continue to do well as long as they keep on opening stores. Very illiquid so he would be careful with it.

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Pizza Pizza Royalty (PZA-T)
November 26, 2013

Pays a nice dividend yield and has a reasonable business model that keeps on grinding higher. Thinks it has been pushed a little bit ahead of itself in valuation because of the 5.8% dividend yield. Will probably continue to do well as long as they keep on opening stores. Very illiquid so he would be careful with it.

WATCH
WATCH
January 24, 2013

Chart looks really good. Resistance at $10.90. 7% distribution. You probably want to add to that if it breaks out above $11. Sure this is discretionary, but if you take the family out, you probably go to a decent place, so ordering out is more of a right of passage and therefore it is not really discretionary.

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Chart looks really good. Resistance at $10.90. 7% distribution. You probably want to add to that if it breaks out above $11. Sure this is discretionary, but if you take the family out, you probably go to a decent place, so ordering out is more of a right of passage and therefore it is not really discretionary.

COMMENT
COMMENT
December 10, 2012

Decent yield. Not a very exciting business. Not a fast growth business. His expectation would be the yield plus a little bit. 7% yield is sustainable.

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Pizza Pizza Royalty (PZA-T)
December 10, 2012

Decent yield. Not a very exciting business. Not a fast growth business. His expectation would be the yield plus a little bit. 7% yield is sustainable.

COMMENT
COMMENT
June 5, 2012
Boston Pizza or Pizza Pizza? Doesn’t follow either one. Boston Pizza has a better in store model. There is a huge hunger for yield.
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Boston Pizza or Pizza Pizza? Doesn’t follow either one. Boston Pizza has a better in store model. There is a huge hunger for yield.
BUY
BUY
February 7, 2012
Royalty on pizza franchise. Pretty safe business. Royalty may grow because of increasing input costs to franchisees.
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Royalty on pizza franchise. Pretty safe business. Royalty may grow because of increasing input costs to franchisees.
BUY
BUY
July 7, 2010
(Market Called Minute.) Business is gradually getting better as we come out of the recession.
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(Market Called Minute.) Business is gradually getting better as we come out of the recession.
BUY
BUY
April 15, 2010
Once it converts to a corporation, he expects they will cut the distribution to at least as much as the dividend tax credit.. In a non-registered account you should see no difference in the effective yield. Current yield is 12.9%. Good franchise.
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Once it converts to a corporation, he expects they will cut the distribution to at least as much as the dividend tax credit.. In a non-registered account you should see no difference in the effective yield. Current yield is 12.9%. Good franchise.
BUY
BUY
July 6, 2009
Pizza chain. Dominant market share in Ontario. Diversified into Alberta and slowly expanding into other provinces. Because of the recession, payout ratio went above 100% but have cash on their balance sheet. Feels they will transition towards 2011 so is expecting a distribution cut but feels this is already reflected in the stock price. Good price.
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Pizza chain. Dominant market share in Ontario. Diversified into Alberta and slowly expanding into other provinces. Because of the recession, payout ratio went above 100% but have cash on their balance sheet. Feels they will transition towards 2011 so is expecting a distribution cut but feels this is already reflected in the stock price. Good price.
VAGUE
VAGUE
May 1, 2009
(Market Call Minute) Doesn’t follow it.
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(Market Call Minute) Doesn’t follow it.
BUY
BUY
April 27, 2009
(Market Call Minute) Protein, cheese and wheat prices all came down. Economy slowly recovering.
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(Market Call Minute) Protein, cheese and wheat prices all came down. Economy slowly recovering.
HOLD
HOLD
January 22, 2009
Very well run business and the payout is safe. During recessions, people go back to simpler comfort food. Same-store sales have been doing well. Doesn't know what the business will transform into in 2011. On his radar screen.
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Very well run business and the payout is safe. During recessions, people go back to simpler comfort food. Same-store sales have been doing well. Doesn't know what the business will transform into in 2011. On his radar screen.
COMMENT
COMMENT
December 8, 2008
Somewhat recession resistant. Came under pressure because of the price of protein. This has now been somewhat alleviated.
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Somewhat recession resistant. Came under pressure because of the price of protein. This has now been somewhat alleviated.
BUY
BUY
October 24, 2008
(Market Call Minute.) People will eat pizzas in recessions.
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(Market Call Minute.) People will eat pizzas in recessions.
SELL
SELL
September 24, 2008
(Market Call Minute.) Economic weakness and expected higher prices for wheat, input costs.
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Pizza Pizza Royalty (PZA-T)
September 24, 2008
(Market Call Minute.) Economic weakness and expected higher prices for wheat, input costs.
Showing 16 to 30 of 58 entries