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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 > 20+ Renegade Chicken Locations now open
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Post by BlueJay2020 on Jan 26, 2022 1:21am

20+ Renegade Chicken Locations now open

Seem to be at the Jack Astor's Locations like last time - which they said caused operational difficulties when the restaurant was open. Odd.. I hope we're not being taken advantage of again...
Comment by flamingogold on Jan 26, 2022 9:29am
I just don't see a repeat of last year. Janes was very clear about his dislike of Renegade operating out of Jack's kitchens without any monetary consideration to the Fund. In the end, the Fund did eventually receive a lump sum payment so a precendant has been set. Now with Janes on the board and Renegade operating again as before, I can only believe that a deal has been struck.
Comment by Robsopinion on Jan 26, 2022 9:53am
I'm not concerned about being taken advantage of. It is a whole different world now than before. We have a very strong board, that we elected. Have faith in them. I do.  It's an extremely difficult time for the industry. We still received our distribution last month. I don't think there are very many unit holders that are underwater on our investments overall. 
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