RE:RE:RE:RE:RE:No trolls on green daysThe rotation into some of the beaten up pandemic sectors like financials is under way. But the hospitality, travel, energy industries have yet to receive investor blessing. Timing is uncertain, almost impossible.
As for SIR, Jacks and Scaddabush, which serve as the backbone to the company, are well liked brands and will survive this. I think Canyon Creek will not make it through and some of the downtown Reds/Dukes will also be affected the longer the work from home move is in effect, which for some will be permanent. Downtowns will take awhile to recover from this pandemic even with a vaccine.
Net result, SIR will be a smaller but stronger company which could open up an opportunity to move into another emerging culinary offering or perhaps expand on the take out business which they are currently weak in. SIR is lead by a strong management team and due to their small size can adapt quickly to industry changes.
Trallalainvest wrote:
tmrw will be green and John will be crying in McDonald's washroom cleaning the toilets after some old fat lady blows it all over the wall hahaah