Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

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 > People dump MTY after results for the year

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Comment by BlueJay2020on Feb 18, 2021 10:06pm

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Post# 32606355

RE:RE:RE:RE:RE:RE:People dump MTY after results for the year

The stock had rallied considerably and the latest earnigs were solid but obviously not spectacular. Probably some profit taking and a move to sticks with more immediste upside.

I was buying MTY from the mid 20s to the early 30s and sold it all from between $40 and $45. I would buy again if it went below $40. Great management who hold a lot of stock.

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