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Bullboard - Stock Discussion Forum Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

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... see more

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Reopening from Lockdown
View:
Post by jcw604 on Feb 19, 2021 4:34pm

Reopening from Lockdown

When will it come?
Comment by flamingogold on Feb 19, 2021 8:01pm
The re-opening has already started... https://www.instagram.com/p/CLXoqrCBplE/
Comment by lostcauses on Feb 21, 2021 1:32am
Excellent. Range 4.70-4.95 this week ? Janes still has to pick up some more too to adchieve his target holding.
Comment by BlueJay2020 on Feb 21, 2021 12:19pm
Can't they only admit 10 customers at once in Red Zone (like my local one in Ancaster)?  I wiuldn't have thought it was viable to open for that number.  I think the Orange Zone is 50...
Comment by flamingogold on Feb 21, 2021 1:13pm
If you can come close to breakeven I would want the doors to open and welcome back long time loyal customers after such a tough winter. It won't be long anyway as SRV customers are primarily in the Phase 2 of the vaccination rollout which gets under way in about 6 weeks or April. By September everyone will have their shots and judging by the vaccination success in Israel we will be done with ...more  
Comment by jcw604 on Feb 21, 2021 3:21pm
The vaccinations thing is good news. However, will they have a 3rd wave if the reopening were done too early? The variant is getting more transmissible and lethal.
Comment by flamingogold on Feb 21, 2021 7:21pm
Covid has always been more of a danger for the elderly and high risk individuals and this group is being vaccinated now for the next few weeks. The US will outpace us as they will have everyone over 50 vax'd by May. Cases may increase but deaths will soon start declining. By this time, outdoor dining will be open again leading to the Fall where all are vaccinated and winter indoor dining rooms ...more  
Comment by BlueJay2020 on Feb 21, 2021 8:15pm
Yes, I think places with outdoor dining will be key to success over the late spring and summer into fall...then come next winter hopefully there won't be an issue.
Comment by Robsopinion on Feb 22, 2021 12:48pm
Did you not keep everyone pumped to keep their stock so you could ensure that you were able to tender all of yours and then just after the offer closed you came out with your "confession, i tendered all to the offer"  why are you back posting here?
Comment by BlueJay2020 on Feb 22, 2021 1:41pm
If you are talking to me, then if you go back and read what I actually wrote you will see that I said I tendered a chunk of my shares.  It was a defensive play which I am glad I did as it gave me some options if the stock were to fall.   I have been buying back since mainly because we now know that Janes picked up so few shares that he is likely to be back for more.  I doubt I will ...more  
Comment by babedinkleman on Feb 22, 2021 2:00pm
This post has been removed in accordance with Community Policy
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