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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 > checking this out now
View:
Post by Chefboy69 on Jul 05, 2021 2:08pm

checking this out now

now that the risk of downside is mostly gone.

In my humble opinion this stock moved too fast too quicky and needs to consolidate and get REAL.

A dividend announcement would be nice but SRV.UN needs to cool down

I will be looking at placing a bid in the $7.00's
Comment by BlueJay2020 on Jul 05, 2021 3:49pm
Well, where do you start with a post like that?  Sounds like a man who missed out at $3 a share and now wants to wait until its at $10 or $11. I've no idea what 'get real' is in this context, but I see little point in waiting for what would be a relatively modest pullback from here, even to the low 7's (would that be 'real'?), and potentially miss out on more ...more  
Comment by Chefboy69 on Jul 05, 2021 4:10pm
you are not wrong. I did miss out on the $2.00 and $3.00 shares, but i was too busy buying other stocks. I am not here to compare portfolio's..So happy for you that you own cheap shares of this. MY comments still stand. The stock moved too quickly and the financials and fundamentals do not support the share price increase. I guess only time will tell...look at the chart Support at $7 and ...more  
Comment by flamingogold on Jul 26, 2021 8:36pm
Market contractions usually last around 12-18 months on average. We got that and more as the contraction was painfully severe and almost put us into a Depression. Now we've entereed the growth phase which typically lasts around 5-7 years... yes, that's years. Of course, we will have corrections along the way but fearing another 2020 deep contraction is lost opportunity. Bottom line ...more  
Comment by flamingogold on Jul 26, 2021 8:38pm
Sorry, wrong board... meant for the DGS guys.
Comment by Chefboy69 on Jul 05, 2021 5:15pm
BlueJay2020, you should read up on the company that you are invested in and DON"T BE emotional. I realize its harder to not be when you are invested and easier when you are not. but read up...https://sircorp.mediaroom.com/2021-06-23-SIR-Royalty-Income-Fund-Announces-Filing-of-SIR-Corp-Fiscal-2021-Third-Quarter-Results
Comment by BlueJay2020 on Jul 05, 2021 6:17pm
wait, the company produced documents that I am supposed to read? Wow, thanks for the tip...but perhaps you can find someone else to patronise.
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