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

Add To Watchlist

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > MTY beats expectations

View:

Post by BlueJay2020 on Jul 09, 2021 10:18am

MTY beats expectations

...and up massively today as a result. It makes me laugh, because the analysts' estimates are really pure guesses given the turmoil the industry has been through. But it shows the impact that positive-looking results can have on the share price of an illiiquid security.

It was reassuring to see SRV's SP hold yesterday during the turbulence, and not much movement today either. Everyone is waiting to see what the level of distribution is.