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 > complimentary investment

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Comment by Robsopinionon Jan 02, 2022 10:16pm

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RE:RE:complimentary investment

It will face very strong resistance at the $1.25 mark as millions ( maybe as high as 20) of warrants will then be in the money. Seems to, at this point be majority owned by institutions and employees.

They grew both sales and profits during the last 18 months, when all of their clients would have been suffering, so to me that creates massive opportunities when we truly get through this, and the sector comes roaring back to life!

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