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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Unit price increase

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Comment by BlueJay2020on Nov 12, 2021 12:34pm

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Post# 34120199

RE:Unit price increase

yes, happy days. I also trimmed a bit at around the same price and higher because the holding was getting ridiculously large as a percentage of my portfolio and I try to keep reasonably disciplined!

Perhaps someone knew the results were coming out and bought some speculatively - who knows? Not complaining, whatever the reason!

Robsopinion wrote: Wow! Very nice indeed! I'm sure BJ and Flamingo will be smiling today! Great job holding strong on this. Although this is still a very big part of my portfolio (in the 6 figures) I did shave off those thousands of units at about $11.75. Oh well heindsight is 20/20 lol. I do now have to question the bump up in the price, late yesterday, just before the quarterly results....... it's almost as if someone knew that they would be as strong as they are?????

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