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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 > Sold all of mine today
View:
Post by jcw604 on Jul 16, 2021 11:19am

Sold all of mine today

Good bye.
Comment by wildrunner11 on Jul 16, 2021 12:33pm
Nothing wrong with crystallizing your profit(I assume).  So a nice amount at $0.07 per month but $0.04ish is coming from deferred revenue, So, only $0.03 is from current operations, this is low, I expect once sales and cash flow improve in another month or two, they will increase the dividend payment some more. I like a conservative approach. I'm a little worried in a year from now ...more  
Comment by Robsopinion on Jul 16, 2021 12:49pm
There are more sellers today than I would expect, but the volume trading is allowing some of the bigger retail investors to exit nicely. I will be honest it's tempting.  take care JCW, maybe we will see you again on another board
Comment by BlueJay2020 on Jul 16, 2021 2:48pm
To be honest, I never got the impression that he had a deep understanding of what he was invested in, or what was behind the price actions. I am not surprised he got out - and at the end of the day we all have our personal choices to make based on our gut.  I expect he walked away with a healthy profit, so that's the main thing.   Time will tell whether those that sold or those ...more  
Comment by Robsopinion on Jul 16, 2021 4:58pm
193,000 shares traded today! Looks like a lot of people got out. Buy on rumours, sell on news I guess. I'm still in for the full lot. Let's see what Monday brings?
Comment by BlueJay2020 on Jul 16, 2021 5:22pm
A lot of people got IN, too!  i am still fully invested - expecting a period if consolidation around $10 before the next leg up.  
Comment by Amgamg67 on Jul 17, 2021 8:53am
I picked up some more durning the early morning dip ...:-).
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