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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

Comment by Trallalainveston Aug 20, 2020 8:58pm
139 Views
Post# 31436517

RE:John Friesen

RE:John Friesen
I'm all the more confident in this company. When it can go from being forced to shut down to back open as it has, while still producing decent income. Heck yeah great job management and encouraging to see a brighter future after this feardemic has passed. Outlook is positive but management wants you to know what the worst can be, while obviously aiming highier. Silly you didn't share ceo Mr. Fowler stating that "The Trustees of the Fund continue to closely monitor SIR's ability to return to a position where it can pay appropriate and sustainable royalty payments to the Fund, enabling the Fund to resume predictable and sustainable distributions to unitholders." why inform holders of this if things weren't looking better for the company? With the horrible liberal government hanging them selfs all the more we will have elections this fall where conservatives will have majority. Conservatives will get the overall economy back on Track which will help support and encourage businesses in Canada and have positive impact on srv.
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