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Bullboard - Stock Discussion Forum Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Meanwhile....
View:
Post by flamingogold on Mar 13, 2021 4:43pm

Meanwhile....

Renegade Chicken continues to grow

Current kitchen count:
GTA - 9
London - 3
Ottawa - 3
coming soon - 13 more
Comment by flamingogold on Mar 13, 2021 4:45pm
https://www.instagram.com/p/CMVUNxtBDuH/
Comment by jcw604 on Mar 13, 2021 7:26pm
Who own Renegade Chicken? Don't find a stock symptom for it.
Comment by flamingogold on Mar 14, 2021 9:21am
Renegade is owned by Sir Corp but not part of the fund. They mostly operate out of their existing Jack Astors kitchens. I have read that it could eventually be vended into the fund, some say it will not. Interesting that Janes would fight for more fund shares given that this new takeout concept's focus is chicken. Timeline of events here: https://stockhouse.com/companies/bullboard/t.srv.un ...more  
Comment by jcw604 on Mar 14, 2021 11:24pm
SIR Corp is a private company. If it were a LTD company, as a owner, I will develop a new product under a different company if I sense any possibility for my LTD to go bankrupt, so that the new product will not be confiscated by my lenders. With regenate chicken developed under SIR Corp, there isn't really a remote possibility that it is going to bankrupt. JMHO.
Sir Royalty Income Fund
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