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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 > Q3 Sir Corp Results
View:
Post by BlueJay2020 on Jun 23, 2021 11:16pm

Q3 Sir Corp Results

Are out...cannot see anything new in the disclosure, which is what we'd expect...
Comment by wildrunner11 on Jun 24, 2021 5:25pm
So we need at least 25 restaurants open with patio and 50 people indoor dining for six weeks before dividend resumption. Ontario in not going to step 3 until July 20(ish) which allows indoor dining and six weeks brings us to Labour day weekend. So there is 53 restaurants in total but is their 25 restaurants that will be open earlier outside of Ontario? I tried to find a list of restaurants on ...more  
Comment by flamingogold on Jun 24, 2021 6:19pm
Majority of the restaurants in the Fund are in Ontario as per the latest earnings statement. Out of the total, I believe 8 restos (all Jacks) are outside Ontario. "SIR's concept brands include Jack Astor's Bar and Grill, with 37 locations; Scaddabush Italian Kitchen & Bar, with nine locations; and Canyon Creek, with two locations. SIR also operates one-of-a-kind signature brands, ...more  
Comment by BlueJay2020 on Jun 25, 2021 9:58am
There is Jacks in Kitchener, which will be in the Waterloo health unit not going to Phase 2 for another couple of weeks, but that's not going to make a difference.  There are 3 in London, but so far that health unit is OK.
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