Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

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 > New high $11.82

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Comment by flamingogoldon Sep 22, 2021 11:34am

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Post# 33898389

RE:RE:RE:New high $11.82

Out of curiosity, I revisited my SRV purchase history. I bought so many things at so many times last year during the worst of covid I lost count. To my surprise, my lowest purchase was $1.52.. almost the low! My last purchase was in January of this year for $3.25. It's turned out great, but it was far from that at the time lol. No pain, no gain.

BlueJay2020 wrote: I am certainly not going to criticise someone who held all the way down to $1,45 and back up to over 10 times the low! What a journey.

Besides, you've been (partially) replaced by stronger hands and that's good. Pleasing that even with a bit higher volume than normal, we are still seeing a very positive SP trend.

I'm still at just under 95% of my peak holding. I'm prepared to keep riding the wave (not the fourth wave!) for reasons already stated.

Robsopinion wrote:
You can call me "paper hands" Rob today. I sold about 2400 units at $11.75/$11.76 today.

long term holder of the units, still have a large position, just couldn't help skimming some cream off the top.