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Bullboard - Stock Discussion Forum 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... see more

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Vaccinations schedule
View:
Post by jcw604 on Dec 25, 2020 4:48am

Vaccinations schedule

https://www.google.com/amp/s/www.cbc.ca/amp/1.5836262 This seems to be a pretty aggressive schedule. Do you think it is achievable? When will more likely be the time of full population vaccinations? If you assume that the investors of srv.un are the more forward thinking investors, when will stock double? What will the next bump most likely be? E.g. an extension of lockdown.
Comment by flamingogold on Dec 25, 2020 8:52pm
I see them extending the province wide shutdown into February but hope I'm wrong. If they relax they will still keep indoor dining shuttered until March at least imo. If the stock gets pressured I will add because the light at the end of this tunnel is very close.
Comment by jcw604 on Dec 26, 2020 11:00am
It is hard to predict if the extension would even cause a dip unless the share price is risen back to over $4. However, if it does as you said, it will be a good deal. I really think the only material news should be one of the following: the vaccine is unsafe for a not yet discovered group of very significant number of people. The deployment of the vaccine is deferred due to availability issues.
Comment by jcw604 on Dec 26, 2020 12:19pm
Another thing to watch out for is the UK variant of covid. I think it will most likely to hit the east side of Canada, where the Sir restaurants operate. Again, more opportunities for buying if the market were not forward thinking enough.
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