Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Instagram followers

View:

Post by flamingogold on May 10, 2021 2:55pm

Instagram followers

Instagram follwer count has doubled for Renegade in the last few weeks. Scaddabush and Jack's holding steady. I can't see how Renegade does not roll out prime time. Question is, will it vend into the fund.

Instagram followers
Jack's 14,900
Scaddabush 9,457
Renegade 3,352

Comment

Comment by BlueJay2020 on May 10, 2021 3:11pm

Can anyone outline with that financial benefit to SIR CORP would be of so doing, and the basis on which consideration is calculated? Wouldn't they need a track record of sales in order to decide what the 'chain' was worth? Chicken is really a hot property right now. Both McDonalds and Popeye's have done very well with their new sandwiches. Personally, I am not sure ...more

Comment

Comment by flamingogold on May 10, 2021 3:29pm

What I like is that Renegade does not need to own this market. They only need to steal a fraction dominated by the big chains to substanially catapult the bottom line. This take-out/delivery only model also provides a much needed hedge against dine-in only operations and one that can roll out quickly across many regions. The big mystery is how will it be treated going forward. [/quote]

Comment

Sir Royalty Income Fund