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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Price target

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Dec 08, 2020 3:54pm

58 Views

Post# 32060314

RE:Price target

A record amount of emergency funds were handed out by our Fed during this pandemic. A recent report shows the savings rate has shot up to record highs and despite a pullback this latest quarter is still sitting at 30 year highs.

As we get through the vaccination process, a lot of this cash is itching to be spent, espcially on things we've missed out on over the last year like travel, entertainment and dining out.

https://tradingeconomics.com/canada/personal-savings#:~:text=Personal%20Savings%20in%20Canada%20averaged,the%20second%20quarter%20of%201961.