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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...
, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.
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TSX:SRV.UN - Post Discussion
Sir Royalty Income Fund
> 2019 again
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•••
flamingogold
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Post by
flamingogold
on Dec 04, 2022 10:51am
2019 again
This week I had to make my way to the US and visited a sports bar & grill called
Art & Jake's
and somewhat on par with a Jack's. Time was around 7 pm. I have been before and previously I could just show up. This time, there was a wait list of 30 minutes... first time since pre-covid this has occured. The place was absolutely packed. There was no special event, just people out enjoying themselves with friends and family. It felt like 2019 again.
(2400)
•••
babedinkleman
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Comment by
babedinkleman
on Dec 04, 2022 2:07pm
This post has been removed in accordance with Community Policy
(798)
•••
flamingogold
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Comment by
flamingogold
on Dec 04, 2022 7:37pm
I agree it's fully valued but I thought so too at $13. I was blown away by the traffic I saw this weekend. I think the froth may have more bubbles left. Remember, when the stock dropped, I thought $3 was a bargoon and yet it fell another 50%! Stocks always overshoot in both directions, we just never know where the bottom or top really is. Looking out, I would like to see Scaddabush expand
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(8)
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cashworx83
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Comment by
cashworx83
on Dec 05, 2022 12:37am
This post has been removed in accordance with Community Policy
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