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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 Apr 15, 2021 10:59pm
RE:The Fund responds...
Actually, a little more clarity on Renegade which up to now has been almost absent in any PR: "Revenues generated by Renegade Chicken contribute to assisting SIR in maintaining liquidity, which
...more
(278)
•••
BlueJay2020
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Post by
BlueJay2020
on Apr 15, 2021 9:35pm
The Fund responds...
.... but doesn't really say much of note.
(798)
•••
flamingogold
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Post by
flamingogold
on Apr 15, 2021 11:06am
The other side of covid
This is US data, but we will follow. Canadians are sitting on record levels of savings just itching to get spent. Retail sales explode in March as consumers use stimulus checks to spend heavily
...more
(26)
•••
jcw604
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Post by
jcw604
on Apr 14, 2021 4:01pm
Stock record date to entitle someone to vote in June AGM
Any one knows the record date requirements for voting in the AGM?
(798)
•••
flamingogold
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Comment by
flamingogold
on Apr 13, 2021 3:40pm
RE:RE:My thoughts on Janes' press release
Check with your broker and request that they mail it out to you. It's usually all or nothing. With some brokers/stocks you need to do that or else they just chuck it.
(0)
•••
Xira22
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Comment by
Xira22
on Apr 13, 2021 12:47pm
RE:My thoughts on Janes' press release
I'm right there with you on those coat tails. The release says they are not soliciting proxies right now. Is that likely to happen? If so, I want to be sure that he gets mine. How might that
...more
(26)
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jcw604
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Comment by
jcw604
on Apr 12, 2021 2:38pm
RE:My thoughts on Janes' press release
Thank you for your analysis and also to Janes. All good.
(798)
•••
flamingogold
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Comment by
flamingogold
on Apr 12, 2021 12:57pm
RE:RE:RE:Lembit’s Gambit
I tried Renegade on the weekend. It was good, fair price. The chicken sandwich was well prepared, the bun was a little soggy but I am a 15 min. drive from the closest Jack's without traffic so I
...more
(278)
•••
BlueJay2020
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Post by
BlueJay2020
on Apr 12, 2021 12:47pm
My thoughts on Janes' press release
Firstly, it's axiomatic that Janes is primarily looking after himself, and I have no problem at all with that. As micro-investors we are happy to hang onto his coat tails. What good will
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(39)
•••
Robsopinion
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Comment by
Robsopinion
on Apr 12, 2021 11:39am
RE:RE:Lembit’s Gambit
I also owned a ton of aimia. Tendered to both offers but never ended up taking all of my shares. I still own some and surprisingly they are doing quite well these days :) I also got the email blast
...more
(798)
•••
flamingogold
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Comment by
flamingogold
on Apr 12, 2021 10:50am
RE:Lembit’s Gambit
Bravo Mr. Janes. Without his activism we would have been crushed by now. I have been through this type of battle before, a few years ago when Air Canada tried to bully Aimia which owned the Aeroplan
...more
(2)
•••
Amgamg67
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Comment by
Amgamg67
on Apr 12, 2021 9:31am
RE:RE:Lembit’s Gambit
All of good points made. I think a change would be good. I wasn't awaire that everyone else was still paying dividends and SIR wasn't. He's got my votes as well.
(39)
•••
Robsopinion
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Comment by
Robsopinion
on Apr 12, 2021 9:02am
RE:Lembit’s Gambit
Very interesting indeed! Can he be an "independent " trustee while holding 18% of the units? His actions so far have been extremely beneficial to us smaller shareholders
...more
(278)
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BlueJay2020
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Post by
BlueJay2020
on Apr 12, 2021 8:02am
Lembit’s Gambit
His patience has run out, nominating himself and two allies as independent directors to replace the current ones. Interesting comments about Renegade Chicken as well. Grab the popcorn (chicken
...more
(798)
•••
flamingogold
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Comment by
flamingogold
on Apr 07, 2021 12:45pm
RE:Spam
Happening across many StockHouse boards. Probablly bots... they will need to block them, it's a cat and mouse game.
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