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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 > Renegade Chicken
View:
Post by flamingogold on Feb 24, 2021 5:11pm

Renegade Chicken

It was mentioned in the past that this new concept would not be vended into the fund. How certain do we know this? This would be a shame as I would love to be a part of this venture.

In the meantime, these "virtual" kitchens are operating out of Jack Astor's locations. The website is detailed and social media is as active as Scaddabush and Jack's. I would like some clarity on how this can operate without compensation to the fund.
Comment by Robsopinion on Feb 24, 2021 5:21pm
I expect this to be part of the fund once the criteria is met. It has been played down (understatement of the year) to keep the fund from rising. Can't close the pen now, the chickens have come gone to roost.  One question to ask is if Janes had inside knowledge and to what extent...........
Comment by flamingogold on Feb 24, 2021 6:14pm
We don't know if Janes knew in advance, but the timeline of events is interesting...   Sept 28 to Nov 6 - stock hits all time lows Oct. 22 - web domain registered by SIR Corp Dec 3 - first Renegade Chicken Instagram post Jan 6 - SIR Corp bids $3.55/share Jan 27 - Janes bids $4.25/share Feb 5 - Janes increases bid to $4.75/share Feb 10 - SIR Corp drops it's bid
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