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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

Post by BlueJay2020on Dec 17, 2021 8:41am
166 Views
Post# 34239891

Stink bid day…just in case

Stink bid day…just in case

As the exit door to this stock is very narrow, I've put a couple of extremely stinky stink bids in as a bit of a hedge if things happen to go really south today. Pre-market showing $11.53 SP but who knows what the open will actually be. 

Quebec reducing restaurant capacity to 50 per cent from Monday...Ontario 'experts' calling for a circuit breaker...neither do a great deal for sentiment on top of going 'double' ex-div with the extra distribution.

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