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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Sir Royalty Income Fund > Cold call

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Comment by Robsopinionon Feb 05, 2021 10:30am

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Post# 32483202

RE:RE:Cold call

Well, to be honest, that would be completely normal for me. Sell a long time holding and the next day it jumps by 10%.

I've had a position in SIR for over a decade. Mostly purchased in the $11 to $15 range and re-investing Divs along the way. I even have a decent portion of my kids RESP in it. I think at this point I only give them up when they pry them from my hands.

I really do miss the juicy monthly distribution though.

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