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

Alternate Symbol(s):  SIRZF

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 > Friday buyer
View:
Post by jcw604 on Mar 15, 2021 12:02am

Friday buyer

Could the Friday buyer be one of the lenders, who aims at buying out the fund or enough voting power of the fund to take possession of SIR Corp and the Royalty fund altogether?
Comment by BlueJay2020 on Mar 16, 2021 8:07am
It's Mr Janes - the plot thickens.  Offered $4.25 a few weeks ago and now paying almost a toonie more.
Comment by Robsopinion on Mar 16, 2021 10:18am
Do you have anything to back that up BJ, or are you just spouting off again? Janes, now holding over 10% would have to announce that he is buying more would he not? He also must be laughing every time he looks at his portfolio and thinks of the suckers that tendered to his offer! 
Comment by BlueJay2020 on Mar 16, 2021 11:24am
Really surprised you don't have your finger on the pulse, Rob. CNW Group Lembit Janes today announced that he acquired, on March 12, 2021, 111,600 trust units ("Units") of SIR Royalty Income Fund (the "Fund") at an average purchase price of $6.26 per Unit, for an aggregate purchase price of $698,985, via the facilities of the Toronto Stock Exchange (collectively, the ...more  
Comment by flamingogold on Mar 16, 2021 11:54am
Janes is an investor as much as Fowler is. They each took a stab at cheap shares and Janes won. But, neither got mine. These lockdown rules are ridiculous, tell me why people can pack a grocery store ailse but not visit their hair salon or eat outdoors? This weekend Ontario is suppose to get awesome spring like weather, yet we are all caged up. Covid is ending, long term care homes are reporting ...more  
Comment by Robsopinion on Mar 16, 2021 12:23pm
Mea culpa.  Blue Jay great research. 
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