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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

Post by flamingogoldon Sep 03, 2021 10:59am
121 Views
Post# 33809134

Head's up for the Fall/Winter

Head's up for the Fall/WinterDelta wave has not hit the Northeast in full force yet and will kick in after labour day when schools return.

"in the Northeast, Gottlieb said he believes Labor Day weekend gatherings and kids returning to school will serve as “incubators for spread."
https://www.cnbc.com/2021/09/03/covid-cases-dr-scott-gottlieb-says-northeast-has-yet-to-see-true-delta-wave.html

Despite all this, lockdowns are unlikely again here in Ontario as our vax rates are high (compared to the US and especially southern states where innoculation is the lowest). But I am concerned about restrictions. We don't have the smartest guys in public office and they will blame restos and gyms again (even though they will soon require doubled vaxxed entry). But, to appease the masses they have to "act" and by that they pick the low lying fruit like restos and avoid the elephant in the room.

I am holding, we're getting through this, but we've got some bumps ahead. If you're on the fence, there could be an opportunity to buy the dips. Vax restrictions for indoor settings and soon 12 and under vaccinations opening up will make 2022 a better year than 2021 which was better than 2020. All thanks to the miracle of science and vaccines.
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