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

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Post by flamingogoldon Jan 24, 2022 2:36pm

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Hoping for news after the FED speech

If there's news in the pipeline, I am hoping SIR can wait a few days until the worst of this market selloff has past. The VIX bounced off an old post-covid high of a year ago. I think if we can get past the FED's speech on Wednesday without much more damage, the markets should be good for a relief rally and this would be an opportune time to release good news.

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Morning Market Outlook for May 22, 2024