Bullboard - Stock Discussion Forum 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... see more

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TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Keg starting to move above resistance

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Post by flamingogold on May 13, 2021 11:17am

Keg starting to move above resistance

Despite a tough Q1 with more than 50% of stores shuttered for indoor dining and an expeccted rough Q2...investors are willing to pay up for the stock based on this sentiment from the report:

"where dining has returned in other countries, including the U.S., restaurants have been extremely busy. Our belief is the pent-up demand and the desire for people to get back out in the 'real' world' will lead to a swift and strong recovery for restaurants in Canada as well"