KEG ROYALTIES INCOME FUND (KEG.UN) Stocks
ABOUT KEG ROYALTIES INCOME FUND
📊 Keg Royalties Income Fund is a Canadian-owned chain of steakhouse restaurants and bars located in Canada and the United States. Founded in 1971 as The Keg ‘n Cleaver by George Tidball, it has expanded to 160 locations by February 2018.
📊 The Keg is known for buying up historic properties, refurbishing them and turning them into restaurants city. The Keg built its 100th location in Moncton, New Brunswick in 2007.
📊 David Aisenstat has managed the financial and physical operations for a number of years. The restaurants operated as Keg Restaurants Ltd. (KRL), with Aisenstat involved in selling to the British firm Whitbread PLC in 1987. In 1997, Aisenstat arranged financing a purchased 100% of KRL back from Whitbread.
📊 In 2002, KRL created the Keg Royalties Income Fund. The fund owns the trademarks and intellectual property of The Keg, and receives an annual royalty for 4% of gross sales for restaurant locations in the Royalty Pool.
📊 The creation of The Keg Royalties Income Fund presented the first opportunity for the public to trade in any portion of The Keg group
OVERVIEW OF KEG ROYALTIES INCOME FUND
The Keg Royalties Income Fund is a limited purpose, open-ended trust. The objective is to provide consistent monthly distributions to unitholders at the highest sustainable level, and the Trustees of the Trust review distribution levels on an ongoing basis to fulfill that objective.
It pays distributions on a monthly basis to unitholders.
Through the partnership, it owns The Keg trademarks and other related intellectual property from Keg Restaurants Ltd.
The trust makes cash distributions to its unitholders of amounts received by the trust pursuant to interest paid on the Keg Loan and the notes and pursuant to distributions on the trust units, less estimated amounts required for the payment of expenses, any cash redemptions of units and reasonable reserves.
The Keg GP Ltd. is the managing general partner of the Partnership and administrator of the trust.
VISION & VALUES OF KEG ROYALTIES INCOME FUND
Keg Royalties Income Fund‘s investment objectives are to provide unit holders with monthly distributions, and the opportunity for capital appreciation, by investing in KEG-UN.TO. Shareholders who purchase company shares can rest assured of superior value.
MARKET PERFORMANCE OF KEG ROYALTIES INCOME FUND
Keg Royalties Income Fund trades on Toronto Stock Securities Exchange (TSX) and lists under the stock symbol KEG.UN. The company forms part of the TSX 500.
For the first nine months of 2019, the company reports total royalty income increases $ 19,047,000. The increase of $ 174,000 during the comparable period consists of a decrease in royalty fee income of $ 76,000, and an increase in Make-whole fees of $ 250,000.
Operating income increases to $ 21,525,000, an increase of $ 164,000. Profit before fair value gain (loss) and income taxes decreases by $ 147,000 to $13,203,000.
Profit (loss) decreases by $ 10,711,000 from a profit of $ 18,985,000 during the nine months ended September 30, 2018 to a profit of $ 8,274,000 during the same period of 2019.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy KEG ROYALTIES INCOME FUND Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN KEG ROYALTIES INCOME FUND STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE KEG ROYALTIES INCOME FUND STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of KEG ROYALTIES INCOME FUND stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy KEG ROYALTIES INCOME FUND stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?