Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

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

Sir Royalty Income Fund

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Post by BoredDeveloperon Dec 20, 2019 3:01pm

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Post# 30477888

Why Q1 2020 results now?

I'm wondering how to interpret the timing of this. Q4 2019 results were only out a month ago, and looking at their history I see they usually release Q1 results around May! So why did they rush out this set?

First guess is that they wanted to get bad news out and take the share price drop before the end of the year... but is that a signal to buy now or not?

Any other possibilities I'm missing?

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