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Bullboard - Stock Discussion Forum
Sir Royalty Income Fund
SIRZF
Primary Symbol:
T.SRV.UN
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.
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Bullboard (TSX:SRV.UN)
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(798)
•••
flamingogold
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Post by
flamingogold
on Jul 12, 2021 4:45pm
Excellent social media
I'm not a social media junkie, but as an investor I like to check in in and see what's happening. Really like the latest video on the Jack's celebration box. Great work guys! https://www
...more
(278)
•••
BlueJay2020
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Post by
BlueJay2020
on Jul 09, 2021 10:41pm
Kitchener/Waterloo moves to Phase 3
This public health unit was held back from Phase 2, but is now there and will jump to Phase 3 next week along with everyone else - more positive news as there are a small number of Jack's in this
...more
(278)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 09, 2021 7:24pm
RE:RE:RE:We are almost there now...
I'm not sure what the technical definition of immunity is, but very confident we can get to a steady state of infections whch are managed by vaccines just like flu has been for years.
(798)
•••
flamingogold
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Comment by
flamingogold
on Jul 09, 2021 5:13pm
RE:RE:We are almost there now...
I'm confident Canada will reach immunity... this problem is more widespread in the US. Thankfully, SRV has just one location there which is currently listed as closed anyway.
(278)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 09, 2021 4:30pm
RE:We are almost there now...
Indeed, but it is now getting to the point where each of us is going to have to drag our crazy conspiracy-theorist uncle kicking and screaming to the clinic to get the jab, under threat of unspeakable
...more
(798)
•••
flamingogold
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Post by
flamingogold
on Jul 09, 2021 2:44pm
We are almost there now...
"Ontario will remain in Step 3 for at least 21 days, and until 80 per cent of Ontarians 12+ have received a first dose of a COVID-19 vaccine and 75 per cent have received a second. As of Friday
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(798)
•••
flamingogold
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Comment by
flamingogold
on Jul 09, 2021 2:20pm
RE:Phase 3 Starts July 16
Yes, that is surprisingly good news. Add in the coming vaccine booster plus the fact that Canadians as a nation are willing participants of the vaccine in general so we should eventually get to
...more
(278)
•••
BlueJay2020
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Post by
BlueJay2020
on Jul 09, 2021 1:25pm
Phase 3 Starts July 16
A week ahead of schedule. Indoor dining will be allowed with no capacity limits except for keeping two metres apart from other tables. Very positive news.
(798)
•••
flamingogold
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Post by
flamingogold
on Jul 09, 2021 12:55pm
This will keep the doors open this Fall...
Covid variants appear to making headlines. Thankfully, Moderna and Pfizer are on target to ship out a booster shot if necessary in time to keep us from shutting down like last winter. Pfizer
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(278)
•••
BlueJay2020
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Post by
BlueJay2020
on Jul 09, 2021 10:18am
MTY beats expectations
...and up massively today as a result. It makes me laugh, because the analysts' estimates are really pure guesses given the turmoil the industry has been through. But it shows the
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(278)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 08, 2021 9:53pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:Dividends start tomorrow?
Actually, I think that is incorrect. It's a bit of a strange way of doing it (LIFO not FIFO) - but the July 7th date relates to distributions on current sales.which will be monthly starting this
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(1)
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wildrunner11
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Comment by
wildrunner11
on Jul 08, 2021 6:24pm
RE:RE:RE:RE:RE:RE:RE:RE:Dividends start tomorrow?
Amg, You need to reread the June 23rd bulletin. In subsequent events, royalty and interest payments start on July 7th to Sir but dividends have a condition, need 50 seats available of indoor dining
...more
(2)
•••
Amgamg67
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Comment by
Amgamg67
on Jul 06, 2021 7:48pm
RE:RE:RE:RE:RE:RE:RE:Dividends start tomorrow?
What's not to understand or get real about...it was announced last month that dividends are being reinstated July 7, 2021.
(39)
•••
Robsopinion
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Comment by
Robsopinion
on Jul 06, 2021 6:48pm
RE:RE:RE:RE:RE:RE:Dividends start tomorrow?
In all fairness chefboy has some decent points. I don't think he is a troll, I do think he would like to buy in, if he could at a decent price point. BJ, I've read the posts, and I don't
...more
(278)
•••
BlueJay2020
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Comment by
BlueJay2020
on Jul 06, 2021 5:20pm
RE:RE:RE:RE:RE:Dividends start tomorrow?
GET LOST, CHEFBOY and come back (if you really must) when you understand the business model and finances.
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