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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

Comment by flamingogoldon Dec 01, 2021 10:17am
92 Views
Post# 34184647

RE:RE:RE:RE:RE:Picked up 800 @ $10.80

RE:RE:RE:RE:RE:Picked up 800 @ $10.80Yes, good move. It would have made for a good trade for me, but I am already fully loaded here and didn't want to hold more shares in case we didn't bounce.

I'm keeping some powder for a possible swoon in the split share sector (DFN particularly), which a good divy payer but I want to get it lower for some insurance against market shocks. Got DGS for half of what it is now and collect a 32% divy in a TFSA... sweet.

Also watching MRT.UN which is trading for dirt. Similar to SRV, one man drives the show there. It's on sale again, the REITs along with travel stocks, like CHR, are major laggards.

Robsopinion wrote: Looks like a good, well timed buy BJ! I was watching it closely, but was placing all my buy orders on a junior gold miner that is the target of a takeover. Unfortunately didn't end up buying anything. I had shaved off part of my SIR position at around $11.75 and watched it only climb from there. It was very tempting to get them (or some) back at over a buck less, with that 10% yield, and the realistic possibility of a year end bonus! 


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