Sir Royalty Income Fund T.SRV.UN

Back to business baby!

[flamingogold]

I have over 10k as well. Last night's news is a welcome surprise as the dividend re-instatement nears earlier than anticipated and noticeably with a cheerier Mr. Fowler too.

I suppose a deal was made with Mr. Janes but with concessions. All Renegade kitchens operating out of Jacks will cease for now which puts the friction about dividends on their sales to rest. I am hoping that down the road this take-out conept will find a way to grow and vend into the fund.

I am also wondering in his deal with SIR Corp, if Mr. Janes will back off on running for the board. I hope this is not the case, but I will be a holder of the stock regardless. 2022-23 are going to be the best years for the hospitality industry with the additional wild card of Renegade rolling into the Fund.

[Robsopinion]

I had assumed that the three of us had a decent position, because of how passionate and active we are. I hold mine across 4 accounts. All are up nicely except for my kids RESP which is down about 40%. It was the only thing I bought for them for the first two years and then reinvested all of the distributions. That's the one that chaps me. In a personal conversation with Fowler I told him I was

[flamingogold]

I have over 10k of my own and then last year traded several rounds for my daughter's account in the $2's and $3's. In hindsight it was better to have held those for her, but I was heavy in quite a few hard hit covid plays including EXE (nursing homes), CHR (Chorus aviation which is tied to the hip of Air Canada) and MRT.UN which holds malls and office towers... so I needed to lighten

[flamingogold]

I also own the HOT.UN hotel reit.... that's the contraian in me I suppose. While no one was flying, staying in hotels, dining out, going to the office or mall shopping, I was buying the stock in these companies. All my plays are now up and I look forward to years of juicy dividends as they eventually get re-instated and increased.