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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 > Wow! Irvine Votes for Lembit!
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Comment by flamingogoldon Jun 08, 2021 9:29am
42 Views
Post# 33346820

RE:RE:RE:RE:RE:RE:RE:Wow! Irvine Votes for Lembit!

RE:RE:RE:RE:RE:RE:RE:Wow! Irvine Votes for Lembit!Rob, my ACB is $1.70 and I hold way too many shares than I originally had wanted to hold as I've averaged down a few times. My last buy was Jan when I topped up my TFSA and bought over 12k shares for 48¢ so that one helped. I think I've got a chance to breakeven as the company is on the path to cleaning up their balance sheet.

At your average of $2.90, if you have the contribution room I would think about adding a few and bring that average down to under $2. Your average is at a top resistance level right now.

Robsopinion wrote:

Lol. I have 2000 bbd at ACB of $2.90. In my TFSA! 

last year I was buying stelco, sleep country, Canadian natural resources, diversified royalty, carnival cruise lines, MGM casino, and some poorly timed, Nikola, pot stocks, and silver miners. The winners did better than SRV and the losers, well they are losers lol



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