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 > Lembit Janes buying

<< Previous

Bullboard Posts

Next >>

Comment by maplakon Sep 28, 2024 12:57pm

65 Views

Post# 36245422

RE:Lembit Janes buying

flamingogold wrote: This is not the latest news but good to see Janes stepped in to buy stock when it hit the 11's back in June. SRV is a distribution vending machine stock of mine, a sleeper that keeps on giving. No plans on selling anytime soon.

Well said the same here. As a matter of fact I have some plan with my holding. My wife owns the stock in her cash account and is up about $ 7000. Selling would be subject to capital gains tax. Since her her pension will be very small I am building her RRSP income portfolio. So next year I will move whole stock to her RRSP account called contributions in kind. The half of the capital gains will be taxed but by moving stock over she gets thousands in tax refund. Plus no interruption in dividend income.

<< Previous

Bullboard Posts

Next >>

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