Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Is this a buy at $4.00?

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Post by BlueJay2020on Jan 27, 2021 12:57pm

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Post# 32399992

Is this a buy at $4.00?

That is what I am asking myself now. It's 25 cents below a formal offer, and only 45 cents above an informal one with the likelihood of one or more higher offers yet to come - and probably soon, because SIR knows their chance of a complete buy-out will be gone if one shareholder owns 20%.

The trouble is I don't want to get over-exposed to one stock. What do people think?

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