Timmy Ho ho's IPO

its supposed to open 24th of march

THI
29 million shares @ $18-20
Goldman Sachs is the lead

So it looks like we’ll be able to get it at ~$23 a share

I plan on dumping a little bit into this, should be decent

In a sign of strong demand, Canada’s leading quick service restaurant chain Tim Hortons increased the range for its upcoming IPO by 21% from $18-$20 to $22-$24. The amount of shares to be offered remains unchanged at 29 million. Tim Hortons, which currently operates 2,597 restaurants in Canada and 288 in the US, is being spun off from Wendy’s. Joint book-running managers Goldman Sachs and RBC Capital Markets are expected to price the deal on Thursday evening.

I kinda thought the TimmyHo’s crazy was dying out, but I haven’t looked into the market across the rest of the country for new franchises. Are they in all states throughout the US yet?

Doesn’t it seem like about 275 of them are within a 10 mile radius of WNY?

They have been dying out for me because the quality of their doughnuts is sub par lately. Wegmans bakery is alot better than what they are putting out at any of the doughnut chains.

Yes

I don’t like donuts, but I like Timmy Ho’s coffee and sandwiches.

this is the IPO to jump on to and hold for at least a month.

So how does one go about getting in on this? I really have never got into this stuff so I have no clue…

hmmm… sounds interesting

being that you are not probably one of the people that got invited into it. What you will have to do is wait untill the minute the IPO is released, and then pick up the shares on the open market. Expect to pay $1 or so more than the initial asking price. This should be a pretty hot ticket once it is opened. The other stock to watch pretty closely is WEN that is Wendys, and they are floating around a 52 week high right now, but typically ocne a compay spins off a successful franchise their stock will rise also. Look into McDonalds/Chipotle for another good example.

FWIW that’s the case.

IBkrispykremefallout

http://http://www.wendys-invest.com/fin/annual/2005/wen05ar.pdf

wendy’s annual report, search for the term “Hortons”

I dont think hits is gonna be like the KKD, tim hortons is more than just donuts which is the only appeal of krispe kreme. They are not dependant on donut sales for profits, only 10% of their profits come from donut sales, so they are insulated against low carb fads (unlike Krispy Kreme).

I guess it will be fun to watch, I don’t plan on holding it for long

That’s going to be key. This is a short term investment. I’m hoping they hold off until Friday since I have class all day today.

I hope you guys have good contacts to jump on it fast. I bet it will go higher then 24 too initially.

43 of them are withing 25 miles of buffalo

http://yellowpages.superpages.com/listings.jsp?N=tim+hortons&R=D&STYPE=D&L=buffalo+NY+&PG=L&OO=1&RR=25

64 of them are within 100 miles of buffalo

http://yellowpages.superpages.com/listings.jsp?N=tim+hortons&R=D&STYPE=D&L=buffalo+NY+&PG=L&OO=1&RR=100

Lets hope it doesn’t pull a chipotle, that was supposed to open at 20 ish and it ended up opening at 44.

I have no good contacts that care about my little investment

just talked to my source from T. Hortons… basically theres gonna be no shares available to anyone… all the shares went to Horton managers, owners, etc, and wendys people… but if they just want to dump their share then you might have a chance to pick them up. the shares are expected to be $22-24, BUT double overnight. so if anyone can grab some of these, do so and dump them and make some quick loot.

and i’m still waiting for mighty taco to expand…i’ll throw my life savings into their stock lol

This is probably not going to be a craze that just fazes out… I bet this is going to be a nice long termer

I’ll tell you that much.