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Bullboard - Stock Discussion Forum
Sir Royalty Income Fund
SIRZF
Primary Symbol:
T.SRV.UN
Consumer Cyclical
Restaurants
SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern...
, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.
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Bullboard (TSX:SRV.UN)
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(11)
•••
wildrunner11
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Comment by
wildrunner11
on Jul 08, 2021 6:24pm
RE:RE:RE:RE:RE:RE:RE:RE:Dividends start tomorrow?
Amg, You need to reread the June 23rd bulletin. In subsequent events, royalty and interest payments start on July 7th to Sir but dividends have a condition, need 50 seats available of indoor dining
...more
(2)
•••
Amgamg67
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Comment by
Amgamg67
on Jul 06, 2021 7:48pm
RE:RE:RE:RE:RE:RE:RE:Dividends start tomorrow?
What's not to understand or get real about...it was announced last month that dividends are being reinstated July 7, 2021.
(36)
•••
Robsopinion
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Comment by
Robsopinion
on Jul 06, 2021 6:48pm
RE:RE:RE:RE:RE:RE:Dividends start tomorrow?
In all fairness chefboy has some decent points. I don't think he is a troll, I do think he would like to buy in, if he could at a decent price point. BJ, I've read the posts, and I don't
...more
(297)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 06, 2021 5:20pm
RE:RE:RE:RE:RE:Dividends start tomorrow?
GET LOST, CHEFBOY and come back (if you really must) when you understand the business model and finances.
(207)
•••
Chefboy69
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Comment by
Chefboy69
on Jul 06, 2021 4:38pm
RE:RE:RE:RE:Dividends start tomorrow?
lol you guys are talking about dividends and this business lost 10-20% of their revenue right from the start. How many locations were closed? come on....Bluejay2020..you asked what i meant by "
...more
(297)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 06, 2021 4:07pm
RE:RE:RE:Dividends start tomorrow?
Yeah, I don't see a relapse on the cards in Ontario. England has taken the right approach and scrapping all restrictions on July 19 - they have basically said if we don't do it now, when
...more
(738)
•••
flamingogold
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Comment by
flamingogold
on Jul 06, 2021 1:45pm
RE:RE:Dividends start tomorrow?
Ontario indoor dining, which is where the majority of the restos reside, is set to reopen in a couple of weeks. I have been doing some visual checks of surrounding locations and the customer traffic
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(297)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 06, 2021 12:51pm
RE:Dividends start tomorrow?
Good question! July 7 always seemed an odd date to me. My understanding is that this is simply the dividing line between the deferred and the current distributions. I don't
...more
(2)
•••
Amgamg67
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Post by
Amgamg67
on Jul 06, 2021 12:40pm
Dividends start tomorrow?
July 7 is when they're going to start or announce the dividends?
(297)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 05, 2021 6:17pm
RE:RE:RE:checking this out now
wait, the company produced documents that I am supposed to read? Wow, thanks for the tip...but perhaps you can find someone else to patronise.
(207)
•••
Chefboy69
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Comment by
Chefboy69
on Jul 05, 2021 5:15pm
RE:RE:checking this out now
BlueJay2020, you should read up on the company that you are invested in and DON"T BE emotional. I realize its harder to not be when you are invested and easier when you are not. but read up
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(207)
•••
Chefboy69
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Comment by
Chefboy69
on Jul 05, 2021 4:10pm
RE:RE:checking this out now
you are not wrong. I did miss out on the $2.00 and $3.00 shares, but i was too busy buying other stocks. I am not here to compare portfolio's..So happy for you that you own cheap shares of this
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(297)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 05, 2021 3:49pm
RE:checking this out now
Well, where do you start with a post like that? Sounds like a man who missed out at $3 a share and now wants to wait until its at $10 or $11. I've no idea what 'get real' is in this
...more
(738)
•••
flamingogold
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Comment by
flamingogold
on Jul 05, 2021 3:44pm
RE:RE:RE:RE:RE:Will a resumption of dividend sink the SP?
Lazaros, I agree with your view. I was even thinking 2¢ to start. I would rather have the board move cautiously and up the divy every few quarters than move too aggressively and have to recut as
...more
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