Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

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, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund

Bullboard Posts

Comment by Trallalainveston Jan 13, 2020 11:24pm

86 Views

Post# 30549455

RE:RE:The return of dividend stocks for 2020 ?

Nothing out there that can touch returns on sir.un. Oil has demand but we have an unfriendly liberal government towards oil. Growth in sss will have analysts give upgrades and price will probly get expensive for sir again. For the time being I will collect that royalty greatfully and wait until I feel price is trading at an extreme and maybe take some profits. But even when sir is at an extreme high price that royalty is very nice each month. I'm using my royalties and increasing my position size. So I will help bring price to fairer value for everyone :p my guess is that the one insider probly reinvested royalties each month and built up that 10% position. The insider Collecting a beautiful royalty each month sitting on a beach enjoying the fruit of his labors. If not then that is my plan :) cheers to a great week guys

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects