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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 > Restos are rockin'
View:
Post by flamingogold on Oct 12, 2022 11:23pm

Restos are rockin'

Divy bump as I expected. In this market, every little bit helps.
Comment by rabnud on Oct 25, 2022 4:00pm
the share price has gone crazy in the last week or so  (happy camper) I have 18000  shares
Comment by flamingogold on Oct 26, 2022 10:28am
Congrats on your 18lk lot. The street likes to value the shares with a 7 - 8% distribution, which puts it at the higher end of the resto group. Any bump in distribution, like the one this month, will move the share value within that target range.
Comment by rabnud on Oct 26, 2022 2:11pm
thanks I see a big spike again today ;;;;;
Comment by flamingogold on Oct 26, 2022 3:27pm
This is a low volume sleeper stock. It's not unusual for little dips and spikes but generally holds the range based on a 7-8% distribution. My shares are fetching over 20% but I'm still shaking off the trauma from that time lol. Hoping to repeat with MRT.UN and HOT.UN both of which are still in the covid dumpster.
Comment by rabnud on Oct 27, 2022 11:59am
sot and tnt are better  buys right now
Comment by flamingogold on Oct 27, 2022 2:01pm
I have a standing bid in for SOT in the low $4's. I may not get it but if I do I know I will do very well on the rebound. In fact, I have quite a few stink bids on many equities and when they fill I am usually in the green almost immediately.
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