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.

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Sir Royalty Income Fund > Back to business baby!

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Comment by flamingogoldon Jun 01, 2021 9:45am

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RE:RE:RE:Back to business baby!

I also own the HOT.UN hotel reit.... that's the contraian in me I suppose. While no one was flying, staying in hotels, dining out, going to the office or mall shopping, I was buying the stock in these companies. All my plays are now up and I look forward to years of juicy dividends as they eventually get re-instated and increased.

flamingogold wrote: I have over 10k of my own and then last year traded several rounds for my daughter's account in the $2's and $3's. In hindsight it was better to have held those for her, but I was heavy in quite a few hard hit covid plays including EXE (nursing homes), CHR (Chorus aviation which is tied to the hip of Air Canada) and MRT.UN which holds malls and office towers... so I needed to lighten up. Today, all those positions are in the green but it took nerves to hold through the storm. I still hold my entire SRV position and in fact added during the last year. Looking forward to some juicy dividends for years to come!

Robsopinion wrote: I had assumed that the three of us had a decent position, because of how passionate and active we are. I hold mine across 4 accounts. All are up nicely except for my kids RESP which is down about 40%. It was the only thing I bought for them for the first two years and then reinvested all of the distributions. That's the one that chaps me. In a personal conversation with Fowler I told him I was all in with my kids future, he agreed it was a good place to be. Then this years attempted buyout for rock bottom prices and the animosity that followed burns me to the soul.