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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 > Better positioned
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Post by flamingogold on Jul 16, 2021 9:49am

Better positioned

Let's not forget that while the fund lost some stores, many of those were the poorest performers. Covid accelerated the inevitable and now we run leaner.
 
It also spawned the Renegade brand. This take-out model is great ammunition to have on the shelf in case we see any stiffening of covid rules going into the Fall and Winter. With Lembit on the board now, the friction over operating Renegade out of Jacks kitchens will be removed.
 
From war and survival we now move to peace and profitability.
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