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.

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Sir Royalty Income Fund

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Post by flamingogoldon Oct 04, 2022 10:45am

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Annual high reached

Despite a terrible market, tight labour supply and record 40-year-old high inflation, SRV is navigating well. Last earnings were terrific with a low payout ratio. Hockey, basketball and the NFL are just ramping up again and soon we enter the profitable holiday season which was lost over the last two years. Feels good to be under the radar of the maelstrom that this market often is.

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Visionstate set to leverage success in the U.S. market