KEG Royalties Income Fund T.KEG.UN

Alternate Symbol(s): KRIUF

Consumer Cyclical Restaurants

The Keg Royalties Income Fund (the Fund) is a limited-purpose open-ended trust. The Fund’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level. The Fund, through its subsidiary The Keg Rights Limited Partnership (the Partnership), purchased The Keg trademarks and other related intellectual property (the Keg Rights) from Keg Restaurants Ltd. (KRL). The business of the Partnership is the ownership of the Keg Rights and, through a License and Royalty Agreement with KRL to exploit the use of the Keg Rights and the collection of the royalty payable under the License and Royalty Agreement equal to 4% of gross sales of Keg restaurants included in a specific pool (the Royalty Pool). KRL’s principal activity is the operation and franchising of Keg steakhouse and bar restaurants in Canada and the United States. The Keg GP Ltd. is the general partner of the partnership and administrator of the Fund.

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KEG Royalties Income Fund > Just a matter of time

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Comment by flamingogoldon Sep 03, 2020 2:43pm

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Post# 31505066

RE:Just a matter of time

Maybe a rotation out of tech into some of the beaten sectors is shaping up. Apple currently worth more than the entire London exchange? Tesla, now the most valuable car company on earth has shipped 30x less vehicles than Toyota alone. I could go on.

logicandinertia wrote:
Restaurants in the US starting to lift . With no liquidity or interest in smaller CdN restaurant equities, they have hardly moved.

In Q2, despite most of the restaurants being closed for most of the quarter, still came close to covering the reduced distribution. CEO indicated that investors were likely going to be positively surprised by the pace at which they regain traffic going forward. This was ignored by investors and greeted by apathy.

restrictions are being slowly lifted in Ontario.

but moreover , the prospect of a vaccine is growing potentially before the end of the year.

this stock (and others) would lift dramatically as investors "rediscover" them.

"Skate to where the puck is going to be"

good luck.