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 > Why a green day for SRV when red elsewhere blamed on COVID?

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Comment by BlueJay2020on Jan 04, 2021 6:49pm

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Post# 32220740

RE:RE:RE:Why a green day for SRV when red elsewhere blamed on COVID?

Perhaps it is just the magnifying effect of the illiquidity of the stock. I can't see a go-private transaction as you'd think the royalty piece would be the last thing to be sold - the operating company is already private. I suppose an acquisition by a bigger player could be a possibility, but is there a fit?

We will probably be back down to $3.10 tomorrow!

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