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 > Nice Summary Here

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Comment by flamingogoldon Feb 02, 2021 9:49am

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Post# 32445812

RE:RE:Nice Summary Here

Both "known" offers are lowball and opportunistic. The minimum valuation in that article puts the price at $7.85.

BlueJay2020 wrote: Yep, that pretty much sums up what we have been saying for a while.

i am beginning to think the lowball offer was little more than a tactic to alert to how undervalued this stock is!

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