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 > $100M market cap

<< Previous

Bullboard Posts

Next >>

Comment by BlueJay2020on Sep 27, 2021 10:28am

69 Views

Post# 33923558

RE:RE:RE:$100M market cap

I suspect Lembit very much has a private equity mindset where illiquidity of investments is pretty much a given. Mind you, this is on the illiquid end of illiquid investments - he doesn't even hod a stake in the underlying company!

flamingogold wrote: You can include me in that small crowd of "unforgiven". I want to echo what was said about the "paper gain" that the non-SRV holders have made. It is only a paper gain, so to crystalize those gains the share price needs to stay healthy which is good news for the street shareholder. Of course, there is a negative to having just a few holding major control but imo that period has already been played out.

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading