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Bullboard - Stock Discussion Forum 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... see more

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Price drop
View:
Post by Robsopinion on Aug 04, 2021 1:52pm

Price drop

Well that was unexpected. I know the low trading volume hurts us, but still very surprised by today!
Comment by flamingogold on Aug 04, 2021 3:06pm
On the flipside, an opportunity for anyone on the fence to pick up shares with a distribution of 9.5%.
Comment by Robsopinion on Aug 05, 2021 7:43am
Well I guess we just determined who on this board is the glass half empty, and who is the glass half full type of guy lol
Comment by BlueJay2020 on Aug 05, 2021 11:44am
I guess I must be a glass half full guy as I picked up an additional 1000 yesterday.  I pulled the trigger a little early at 8.88 and I could have got in at 8.43, but with the volatility of this stock that was always a risk, and not too concerned.   The distribution stream, in my mind, puts a floor under this stock and my gut was that a 10% decline was unjustified and due to other ...more  
Sir Royalty Income Fund
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