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 > Very very phony trading on this stock

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Comment by Robsopinionon Aug 03, 2023 3:10pm

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Post# 35571874

RE:Very very phony trading on this stock

Consumer discretionary is taking a hit these days. People are running out of money, or the desire to drop a couple of hundred dollars for a family to go out and eat. The peers have been slowly fallying for weeks, with the low volume here it is just playing catch up.
This is a yield investment, not a growth investment. If you are here, it should be for the monthly cash, dont worry too much about the SP.

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