KEG Royalties Income Fund T.KEG.UN

Recipe to sell milestones

[Robsopinion]

This may be the trigger for a buyout bid on the units they don't own. Looking for an announcement as early as this week!

[WizardFuture]

How much would be the bid? for the remaining units?

[Robsopinion]

Well it would certainly have to be a premium to current trading levels.  Ive held these for years with the sole intention of collecting the distribution while waiting for the takeover premium. I'm about flat for capital appreciation but have collected the juicy payout (except for the last year of course) along the way.  Recipe love to collect royalties they hate paying them. :)

[WizardFuture]

Same here, I guess it would be at least $20. But in my opinion they should do it. The Keg is a gem.

[Robsopinion]

It may be good for them but not for the consumer. There has already been a dramatic drop in quality and service. It will only get worse. Recipe sucks the life and soul out of brands to maximize their return. 

[flamingogold]

Rob, I'm about even on Keg as well. I averaged down a couple of times last year but the majority of my free capital went towards SRV as the drop was far more significant. Fast forward and it paid off. I would like to continue to own Keg but if there's an offer at a premium they have my approval. As much as I like the Keg, I have too much exposure to the restaurant sector now having had to

[Robsopinion]

I have much less exposure here than srv. In fact last year I sold 1000, or 1500 keg at the bottom. I have about 3000 left. You know my position on srv. This for me was always about collecting the div while waiting for the premium payout. Hopefully that day comes very soon. The downside though, in this market, where do you redeploy? 

[flamingogold]

There are still some laggard recovery plays out there. I own CHR, and in fact added to my position last year. The divy is still on hold and will be for likely until 2022 when airlines are back up to running at near capacity. Another late runner and still way off it's highs is MRT, which is still paying a small divy like Keg after a couple of cuts. A third play for me is HOT.UN, which also has