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 > Restos are rockin'

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Comment by flamingogoldon Oct 27, 2022 2:01pm

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Post# 35053794

RE:RE:RE:RE:RE:RE:Restos are rockin'

I have a standing bid in for SOT in the low $4's. I may not get it but if I do I know I will do very well on the rebound. In fact, I have quite a few stink bids on many equities and when they fill I am usually in the green almost immediately.

rabnud wrote: sot and tnt are better buys right now

flamingogold wrote: This is a low volume sleeper stock. It's not unusual for little dips and spikes but generally holds the range based on a 7-8% distribution. My shares are fetching over 20% but I'm still shaking off the trauma from that time lol. Hoping to repeat with MRT.UN and HOT.UN both of which are still in the covid dumpster.

rabnud wrote: thanks I see a big spike again today ;;;;;

flamingogold wrote: Congrats on your 18lk lot. The street likes to value the shares with a 7 - 8% distribution, which puts it at the higher end of the resto group. Any bump in distribution, like the one this month, will move the share value within that target range.

rabnud wrote: the share price has gone crazy in the last week or so (happy camper) I have 18000 shares

flamingogold wrote: Divy bump as I expected. In this market, every little bit helps.