Sir Royalty Income Fund T.SRV.UN

complimentary investment

[Robsopinion]

If anyone here likes the sector and is looking for some diversifaction or complimentary oppertunity, I am again pointing out that Givex has recentlt gone public. They provide and host the platfroms for the gift card programs (Including to SIR) computer and POS hardware and software (Not sure about SIR) to many (if not the magority percentage wise) restaurants and hospitality businesses as a whole. No Dividend/distribution as of yet, and in a depressed sector because of COVID, but again something that some of you may be interested in.
Ticker GIVX on the TSX

[flamingogold]

Thanks will keep an eye on it. Have quite a bit of exposure to the sector already especially now with SIR's revival. What's your target price on Givex?

[Robsopinion]

It will face very strong resistance at the $1.25 mark as millions ( maybe as high as 20) of warrants will then be in the money. Seems to, at this point be majority owned by institutions and employees.  They grew both sales and profits during the last 18  months, when all of their clients would have been suffering, so to me that creates massive opportunities when we truly get through

[gossamer4]

This post has been removed in accordance with Community Policy