Sir Royalty Income Fund T.SRV.UN

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

[BlueJay2020]

Nicely done.  Embarrassingly, my wife's TFSA is by far the laggard of all the accounts I manage, even though it's up 100% since March 23.  I made a couple of very expensive mistakes, and it will be years before it gets in the black.

However, you've just put Chorus back on my radar (see what I did there?).  I owned it pre-pandemic and then for a while in the early stages, but I (correctly) saw more value elsewhere.  I've just seen that Dic k Falconer recently made a sizeable purchase, and that's good enough for me.  I will be buying aggressively from tomorrow.  I can see 50% upside from here within a year and a divi reinstatement with a yield north of 7-8%,  I held American Hotel Properties and exited at the same time - however, I think Chorus is a better quality stock.

flamingogold wrote: Well, tbh I don't recommend it to anyone... it's been a headache to hold. Since Rob said he owned some and admitted he wasn't up to date with it I chimed in. I didn't buy any of it for my wife's TFSA, which I manage for her, and she is up to almost 200k in that portfolio (almost a 3 bagger from the max $75,500 we are allowed to start with) and making almost $1300k/mth in tax free divs and more to come once CHR resumes divs next year. Far better performance than my own TFSA which holds all the BBD shares. Certainly not my greatest move.