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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

Comment by flamingogoldon Mar 18, 2024 1:03pm
45 Views
Post# 35938606

RE:RE:RE:RE:RE:Sofa

RE:RE:RE:RE:RE:SofaKeep in mind also there is a huge pile of money sitting on the sidelines in safe GICs and money markets. Whether rates start dropping this summer or Fall, as they do a lot of that "safe" money is going to start looking for juicier returns and will have to flow back into equities agan driving up share prices even more.

maplak wrote: Last year my entire portfolio was down as much as 20 % at one point. This year I have recovered all of it and as of now I am up about  -9 % to + 20 % over four accounts in mean time collecting dividends. So far so good can't complain. In my opinion interest rates won't go down any time soon. Inflation is still high plus stubborn crude oil prices also not going down helping to fuel inflation. Good thing is that when interest rate finally drops dividend stocks will benefit. My prediction in late fall. I also think regardless some analysts complaining about overpriced market it will continue to go up. Remember there is only one pile of money and since real estate and land investments are dead the most of the money will flow into equities. My guess. 


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