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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

Bullboard Posts
Post by investorblingon Feb 27, 2007 1:02pm
109 Views
Post# 12321187

Recommendations for February 27, 2007 - Concorde

Recommendations for February 27, 2007 - Concorde

Concorde

Clean Power Income Fund | Bob Hastings, CLE.UN : TSX : C$5.60 | C$201.0M | Hold , Target C$5.70

Algonquin Power makes offer to purchase Clean Power

ProEx Energy Ltd. | Richard Wyman, PXE : TSX : C$13.23 | C$525.1M | Buy , Target C$16.00

Strong results from a consistent performer

TransAlta Corporation | Bob Hastings, TA : TSX : C$25.50 | C$5,161.2M | Buy , Target C$32.00

$1.6 billion price tag on Keephills 3 Project higher than expected

TransCanada Corporation | Bob Hastings, TRP : TSX : C$38.14 | C$20,110.6M | Buy , Target C$45.00

5-year settlement on Canadian Mainline rates

Brocade Communications | Mark Kelleher, BRCD : NNM : US$8.69 | US$2,477.8M | Buy , Target US$11.07

Now time to pay for the share shift

WebSideStory | Michael Kern, WSSI : NNM : US$14.20 | US$289.5M | Buy , Target US$20.00

Q4 results mixed; revenue light but EPS exceeds; 2007 guidance reiterated

Planet Group Inc. | Anthony Chow, PPT : AIM : 122.50p | 32.9M | Buy , Target 170p

Transition of coverage

SemBioSys Genetics Inc. | Neil Maruoka, SBS: TSX: C$3.15 | C$67.3M | Buy , Target C$7.70

Full steam ahead into 2007; Transitioning analyst coverage; Lowering target price on increased share count post-financing

SIR Royalty Income Fund | Chris Rankin, SRV.UN : TSX : C$9.86 | C$68.1M | Hold , Target C$9.50

Hold on price appreciation

PDM Royalties Income Fund | Chris Rankin, PDM.UN : TSX : C$10.19 | C$110.0M | Hold , Target C$9.50

Prisoner's dilemma increases risk

Fuel Systems Solutions | John Quealy, FSYS : NNM : US$23.60 | US$363.4M | Buy , Target US$25.00

Takeaways from meetings with management

 

Bullboard Posts