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

Add To Watchlist

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Bodes well..

View:

Post by BlueJay2020 on Jul 28, 2021 9:00am

Bodes well..

https://www.bnnbloomberg.ca/america-s-restaurant-recovery-speeds-past-2019-levels-sysco-ceo-says-1.1633757

Of course, the keys are whether this can be replicated in Ontario and whether it is sustainable. But we have a good few quarters of 'blow-out' earnings ahead of us (comparatively and, to a lesser extent, intrinsically) which will help the company pay down some debt.