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Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

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

Comment by flamingogoldon Feb 07, 2021 3:10pm
75 Views
Post# 32496457

RE:Jane food offer extension possibility high

RE:Jane food offer extension possibility highUnless we have total vax failure., the lockdowns as we have now will be one for the history books. Restricitions and masking will continue but slowly eased over time. Again, look to Israel, they have 60% of their pop already vaccinated. If the cases and deaths continue their successful declines, we are golden.

Don't give them your shares for 2009 financial crises prices. The decade following that crises saw a 300% rise in the share price plus double digit distributions. SIR and Janes would be running if they saw fire in the kitchen, instead they are now scrambling to get our shares for dirt cheap.

jcw604 wrote: Jane food probably is not getting much response from the other fund holders. That was why they raised the bid. Based on the market action, they are unlikely to get their wanted shares even with the raised bid. They either have to extend it or raise their bid again. With Ontario re-opening in sight, this puppy is likely to keep rising. Again, the stock market is a forward thinking place, if things are back to normal by the end of the year, the stock price should reflect around 70 to 80% of the the normal price, balancing the risk and the potential reward.


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