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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 Aug 26, 2021 2:00pm
73 Views
Post# 33770352

RE:Volume

RE:VolumeFor sure there is some anxiety over the coming months and what delta may bring. Some may exit based on fear of further lockdowns. With over 76% of (eligible) Ontarians double vaxxed, that would be an extreme decision, although I wouldn't rule it out completely because we don't have the sharpest leader for Ontario. Although unpopular, I would continue to keep schools virtural until the 12 and under can get inocculated as the schools will likely shoot our cases up quickly as last Fall and then our politicians will blame indoor dining and gyms again.

Lockdowns are not the solution. Vaccination is the way out. Unfortunately, Ford is no leader but a follower. While the rest of the world leaders and CEO's begin to mandate vax proof for access to public events and employment, he is resisting but yet claims he is ready to shut down the economy again if needed. A vax proof mandate from Ford is coming, only he doesn't know it yet.

Robsopinion wrote: There has been some decent, above average volume the last couple of days. I can only imaging some people are cashing out and taking their gains, while others (new investors) are buying in for the long term juicy distributions. Once this settles out a bit we should see the next leg up. I for one am looking forward to my nice payment next week :)


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