Sir Royalty Income Fund SIRZF

Pfizer vaccine now 95% effective

[flamingogold]

Covid is done but a canyon lies ahead called winter. Cross that and we're in the clear.

[flamingogold]

Link

[logicandinertia]

Perhaps, but the broader market is now ignoring the higher Covid cases and quasi lockdowns because of effectiveness and timeliness of vaccine.  Most of the Canadian restaurants share prices are higher now compared to before Ford put more zones into Red restrictions.    I think spending returns.  According to OsFI and CIBC, Canadian households sitting on $90 billion in excess

[flamingogold]

I was hoping for a token one time special dividend, it would have peeked the interest of value seekers and given the stock a bit of a bump. Unfortunately, Ford's strict indoor dining rules last week was a one-two punch to the gut impacting the majority of SIR's locations. We'll just have to wait this out a little longer but good to know we have extremely positive vaccine news on the

[logicandinertia]

respectfully, why does it matter if the stock has a little bump if they were to issue a token special dividend?  You can't really trade this thing in any size.   Just accumulate and wait for 2H/2021.  When i got involved (luckily at lower levels), my thought was downside of 100%(bankrupt) or upside of +300%, so it had a 3:1 upside ratio.   This asymmetry is

[flamingogold]

A token dividend would have sent a signal to the market they are in better shape and for someone who has been holding longer and with a higher average than most buyers in 2020, some reassurance the turnaround is very likely. With winter almost here, the double vaccine news with 94-95% efficacy is very timely and removes a lot of that anxiety so I'm fine to wait another year.