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 > Why a green day for SRV when red elsewhere blamed on COVID?

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Comment by flamingogoldon Jan 05, 2021 6:59pm

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Post# 32229613

RE:RE:RE:RE:RE:RE:RE:RE:Why a green day for SRV when red elsewhere blamed on COVID?

TFSA contribution room increased by 6k/individual this week, that new money could also contribute to the price/volume surge.

Tommy123 wrote:

flamingogold wrote: It could just be keeping pace with its peers, in fact the gap has widened since the others restarted dividends. I think this gap will shrink when a SRV distribution is announced, even a partial reinstatement will be positive.

Peer Chart Comparison

Tommy123 wrote: I expect news soon, based on the stock price.

Possibly. Just weird that it's all at once.