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 > Most minipulated stock on the market

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Comment by nedstar71on Mar 05, 2024 10:54pm

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Post# 35917209

RE:RE:RE:RE:RE:RE:RE:RE:Most minipulated stock on the market

rabnud wrote: I have found that Bessemer Investment Management LLC dumped 90% of the shares they held which may have contributed to our awful downfall IN SP value in the last 3-4 months

Awful downfall? In the past 3 months it's down 6.7%. Also keep in mind this one didn't get destroyed in late October the way every other dividend paying royalty play did. The right move would have been to sell every share of this when it was holding up and put the money into the Keg below $13. Or any other of the plethora of dividend payers that got crushed in late October.
But yeah, down 6.7% in 3 months is an awful downfall? You must never lose.

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