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 > People dump MTY after results for the year

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Comment by BlueJay2020on Feb 19, 2021 1:04am

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RE:RE:RE:RE:RE:RE:RE:RE:People dump MTY after results for the year

No, I dont think it will get close. But I would want that level of margin of safety. It was trading at close to $70 pre-pandemic, so I think $60 is realistic within by end of year. Its another illiquid stock though, so it can be quite volatile.

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