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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 > Gift cards
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Comment by BlueJay2020on Dec 21, 2021 1:57pm
85 Views
Post# 34251370

RE:RE:RE:RE:RE:RE:Gift cards

RE:RE:RE:RE:RE:RE:Gift cardsAh, Home Capital!  I used to have a decent holding and then it went down to around $5 after liquidity issues.  Thankfully, I figured there was no way it would be allowed to fail - I held my nerve and doubled/tripled down, then rode it back to the mid-20s and ended up with a nice profit. I sold because I am primarily an income investor and figured the divi was never going to go back to what it was. I laugh looking back on this incident now, because it was really stressful at the time, but absolutely dwarfed by what happened in March 2020!   Still, I probably learned a good lesson that came in handy later.  

wildrunner11 wrote: It is Substantial Issuer Bid, if you want go check out HCG and their latest news release, SIB closes today, I've held various position in that stock for many years and endure a few big lows and highs, thankfully made a few tough calls that put me on a significant positive side. 


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