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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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Comment by
flamingogold
on May 07, 2021 2:49pm
RE:RE:New York City to fully reopen 100% July 1
Free beer, donuts and pot top the creative list to lure in the balance. https://www.cbc.ca/news/world/us-covid-vaccination-freebies-1.6007337
(26)
•••
jcw604
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Comment by
jcw604
on May 07, 2021 10:30am
RE:New York City to fully reopen 100% July 1
I am a bit worried about the situation in US, probably not so much New York, but other location that has high vaccination hesitancy. Canada probably will not have the problem and we should eventually
...more
(798)
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flamingogold
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Post by
flamingogold
on May 07, 2021 8:31am
Top US FDA chief recommends indoor masking can be lifted now
Excellent news for the hospitality sector. While this is US based, Canada will mirror their efforts. Former US FDA chief Dr. Scott Gottlieb has been the go-to reliable expert on covid next to Dr
...more
(798)
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flamingogold
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Post by
flamingogold
on May 03, 2021 5:34pm
New York City to fully reopen 100% July 1
This includes restaurants and gyms. Broadway and cinemas will be a little later September. Ontario/GTA will likely follow New York by a month or two. Vaccinations are taking us out of this mess for
...more
(26)
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jcw604
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Comment by
jcw604
on May 02, 2021 11:14am
RE:RE:RE:Look south for a glimpse of the future
Canada may eventually be ahead of US. See: https://www.ctvnews.ca/health/coronavirus/pfizer-to-export-u-s-made-covid-19-shots-to-canada-starting-next-week-1.5409267 The only reason why they are
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(26)
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jcw604
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Comment by
jcw604
on May 02, 2021 10:50am
RE:RE:Look south for a glimpse of the future
US is slowing down their vaccinations because of lacking of people going to the clinics. They cannot establish rules for selectively reopening for only the vaccinated. Their only hope is to let the
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(26)
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jcw604
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Comment by
jcw604
on May 02, 2021 10:39am
RE:Look south for a glimpse of the future
How can they enforce it?
(798)
•••
flamingogold
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Post by
flamingogold
on Apr 27, 2021 3:51pm
Look south for a glimpse of the future
Slowly, normalcy is returning and finally one that is approved by the Center for Disease Control itself and not some wild west leader. I expect further loosening of the rules over the coming weeks
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(798)
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flamingogold
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Comment by
flamingogold
on Apr 26, 2021 5:45pm
RE:RE:RE:RE:Lender of last resort
Bottom line, the vaccines work. The epicentre of covid, nursing/retirement homes, is now under safely under control. We will get to herd immunity in Canada eventually, I think by late summer/early
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(278)
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BlueJay2020
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Comment by
BlueJay2020
on Apr 26, 2021 2:07pm
RE:RE:RE:Lender of last resort
Vaccine roll-out is the key because the effect is so dramatic, The UK is down to just over 2000 cases a day, and Ontario is double that despite being a fifth of the population and less dense.
(798)
•••
flamingogold
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Comment by
flamingogold
on Apr 26, 2021 10:37am
RE:RE:Lender of last resort
I should add they were referring to restos in New York, which was previously hard hit by covid and locked down much like Ontario is now.
(798)
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flamingogold
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Comment by
flamingogold
on Apr 26, 2021 10:36am
RE:Lender of last resort
We (and Europe) are a couple of months behind the US which, at one point was leading the world in daily cases, is now leading in daily vaccinations. Today on CNBC the hosts were talking about how
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(278)
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BlueJay2020
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Post by
BlueJay2020
on Apr 26, 2021 9:45am
Lender of last resort
Do we think it possible that Janes might be a lender of last resort for SIR CORP if needed? He has an increasing amount of skin in the game. SIR CORP would have to swallow their pride, but
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(278)
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BlueJay2020
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Comment by
BlueJay2020
on Apr 22, 2021 5:42pm
RE:Low volume.
Wow, that's an investment of nearly $200 - those are deep pockets! ;)
(798)
•••
flamingogold
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Comment by
flamingogold
on Apr 22, 2021 2:17pm
RE:Low volume.
Most weak hands are out. This is one tightly held security. Mr. Janes continues to buy. https://ceo.ca/api/sedi?insider=Janes%2C%20Lembit
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