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Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

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

Comment by BlueJay2020on Mar 12, 2021 4:52pm
59 Views
Post# 32788023

RE:RE:RE:RE:Hot off the press...

RE:RE:RE:RE:Hot off the press...Yeah, unsurprisingly Robsopinion likes Rob's opinion - which apparently everyone else is also entitled to.

No doubt there is risk to this play, but also rewards.  Many of us here have easily doubled our original investment.  If you held the stock at any point in 2020, then it's not hard to see why you might hold now we are so close to being post-COVID. I would also take some convincing that the lenders are going to pull the plug when they didn't when the stock was a buck 50.

And yes, the opacity is a problem with this stock that we all admit to.  On the other hand that opacity can work in your favour as well, because it contributes to the stock being much more affordable than its peers.

I wouldn't blame anyone for not buying at this point, but that doesn't mean it's not a Hold for those that already own it.


Wordless1 wrote:
By the way, you don't visit message boards of stock you don't own? I was evaluating SRV.UN as an investment.  That's why I'm here. Thought I would share my research with the baord - that is what these boards are for, no? Sorry if I don't wear rose colored glasses and I have legimate concners about the vilaibility of SIR Corp's going concern.  I don't know how anyone coudln't with this cryptic corporate update and then looking at SIR Corp's balance sheet.


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