Tim Hortons for sale?! WTF? - GoFuckYourself.com

SilentKnight · 03-01-2006, 09:57 AM

Someone was tellin' me this morning they heard on the news that Tim Horton's was for sale. Seems Wendy's is lookin' to unload the entire franchise.

Anyone else heard anything about it?

Phoenix · 03-01-2006, 10:00 AM

damn it....we sell off everything that is good

jrap · 03-01-2006, 10:00 AM

Canadian coffee and doughnut chain Tim Hortons Inc., which is owned by Dublin, Ohio-based Wendy's International Inc., has filed paperwork estimating it will offer 29 million shares in a price range of $18 to $20 a share in its initial public offering. Wendy's will continue to own about 85 percent, or about 160 million shares, of Tim Hortons' common stock after the IPO, according to a filing with the Securities and Exchange Commission. Wendy's intends to spin off the remaining stake to its shareholders within nine to 18 months after the IPO, which is expected in March, according to the filing. Under the $20 share-price estimate, the IPO could raise $580 million. Including the shares Wendy's will retain, Hortons would have a market capitalization of as much as $3.8 billion.

G-Rotica · 03-01-2006, 10:00 AM

What is Tim Horton's?

edit: Ok never mind.

Gentle_Ben · 03-01-2006, 10:01 AM

Havent heard anything but seems a bit unbelievable as the franchise is CRAZY profitable. I know people who own one or two and are on easy street.

SilentKnight · 03-01-2006, 10:07 AM

Quote:

Originally Posted by jrap

Canadian coffee and doughnut chain Tim Hortons Inc., which is owned by Dublin, Ohio-based Wendy's International Inc., has filed paperwork estimating it will offer 29 million shares in a price range of $18 to $20 a share in its initial public offering. Wendy's will continue to own about 85 percent, or about 160 million shares, of Tim Hortons' common stock after the IPO, according to a filing with the Securities and Exchange Commission. Wendy's intends to spin off the remaining stake to its shareholders within nine to 18 months after the IPO, which is expected in March, according to the filing. Under the $20 share-price estimate, the IPO could raise $580 million. Including the shares Wendy's will retain, Hortons would have a market capitalization of as much as $3.8 billion.

I read that earlier also. But that's all I could find.

Za Ha · 03-01-2006, 10:08 AM

Yup going to grab as much as possible as fast as possible.

Pipecrew · 03-01-2006, 10:09 AM

Quote:

Originally Posted by Gentle_Ben

Havent heard anything but seems a bit unbelievable as the franchise is CRAZY profitable. I know people who own one or two and are on easy street.

Only in Canada.

SilentKnight · 03-01-2006, 10:09 AM

Quote:

Originally Posted by Gentle_Ben

Havent heard anything but seems a bit unbelievable as the franchise is CRAZY profitable. I know people who own one or two and are on easy street.

That was my reaction, too.

If Wendy's does intend to sell their majority stake, I'd hope Crispy Cremes takes over. Think of that lethal combination - Crispy Creme donuts and Tim Hortons coffee.

Canada would outweigh the U.S. in no time!

imageman · 03-01-2006, 10:13 AM

Hortons is Canada's Starbucks ?
I tried some when i was last in Windsor Ontario to be honest it tasted bad, but then what do i know !

hova · 03-01-2006, 10:15 AM

I used to have lunch and breakfast there when I was in Canada.....

JFK · 03-01-2006, 10:17 AM

Quote:

Originally Posted by Pipecrew

Only in Canada.

they own around 200 outlets in the states as well

Dagwolf · 03-01-2006, 10:18 AM

Quote:

Originally Posted by imageman

Hortons is Canada's Starbucks ?
I tried some when i was last in Windsor Ontario to be honest it tasted bad, but then what do i know !

Generally it's very good, fresh coffee... English Toffee cappucino is the best, or the Double Double (double cream, double sugar).

I don't care for the donuts much but they do carry some other excellent items.

WiredGuy · 03-01-2006, 10:23 AM

Quote:

Originally Posted by JFK

they own around 200 outlets in the states as well

They probably have 200 outlets in Downtown Toronto alone, lol.
WG

Odie · 03-01-2006, 10:28 AM

can't wait till this comes through...I am going to get a ton of it

Michella · 03-01-2006, 10:44 AM

I'm a Tim's addict so I'll have to get me some of that stock!

(just won a coffee on RRRRoll up the Rim to Win)

C-Bass · 03-01-2006, 10:48 AM

for a $1.25, there is no better tasting coffee.

Dunkin Donuts and all those other crap places have nothing on Timmy's

EroticySteve · 03-01-2006, 10:48 AM

Coffee and donughts are cheap to make and high markup items.

What are their hard costs on a pot of coffee? How many servings is that?

People who got on the coffee bandwagon early are geniuses and clairvoyants.

Dollarmansteve · 03-01-2006, 10:49 AM

Free Timmy!

Wiggles · 03-01-2006, 11:46 AM

they are splitting it away from wendy's stock because wendy's is doing poorly and holding the profitability of tim hortons down.

Persignup Dustin · 03-01-2006, 11:49 AM

Fuck it Tim Hortons is assy...shoulda stayed in Canada.

SilentKnight · 03-01-2006, 11:10 PM

Quote:

Originally Posted by imageman

Hortons is Canada's Starbucks ?
I tried some when i was last in Windsor Ontario to be honest it tasted bad, but then what do i know !

I'd say they're as popular in Canada as Starbucks is in the States, but Tim Horton's doesn't charge the outlandish prices like Starbucks...and they don't have a gazillion different designer coffees.

Kevsh · 03-01-2006, 11:13 PM

Tim Horton's is the Blue Collar version of StarBucks.
It's untouchable outside of the main cities like Toronto and started by legendary hockey player Tim Horton (played for the Maple Leafs way back).
The coffee chain was also mimicked in Wayne's World (Mike Meyers is a Toronto native).

There, some 411 you didn't need to know.

Cash · 03-01-2006, 11:28 PM

Tim Hortons has excellent coffee and capuccino, too bad they aren't in the US as well.

GTS Mark · 03-01-2006, 11:39 PM

Does anyone know where you can buy this stock yet? My financial advisor told me that it would only be available thru some mutual fund companies? I don't know if he's full of shit or not?

DH

SilentKnight · 03-01-2006, 11:40 PM

Quote:

Originally Posted by Kevsh

The coffee chain was also mimicked in Wayne's World (Mike Meyers is a Toronto native).

There, some 411 you didn't need to know.

I recall hearing Myers say in an interview that although the 'Stan Mikita Coffee Shop' from the movie was somewhat of a Tim Horton's reference, he actually hung out at a Donut World in Scarborough while growing up. If memory serves, it may have been the one at Pharmacy/Ellesmere, although I may be wrong.

PussyTeenies · 03-01-2006, 11:44 PM

its been taken over by

waffels and chickens fransize

03-01-2006, 09:57 AM	#1
SilentKnight Megan Fox's fluffer Industry Role: Join Date: Oct 2005 Location: shooting pool in Elysium Posts: 24,818	Tim Hortons for sale?! WTF? Someone was tellin' me this morning they heard on the news that Tim Horton's was for sale. Seems Wendy's is lookin' to unload the entire franchise. Anyone else heard anything about it?

03-01-2006, 10:00 AM	#2
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	damn it....we sell off everything that is good __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

03-01-2006, 10:00 AM	#4
G-Rotica Confirmed User Industry Role: Join Date: Aug 2005 Location: Austin, TX Posts: 4,258	What is Tim Horton's? edit: Ok never mind. __________________

03-01-2006, 10:01 AM	#5
Gentle_Ben Confirmed User Join Date: Nov 2005 Location: Barcelona Posts: 733	Havent heard anything but seems a bit unbelievable as the franchise is CRAZY profitable. I know people who own one or two and are on easy street. __________________ ICQ ME: 203-810-401

03-01-2006, 10:15 AM	#11
hova Traffillionaire Industry Role: Join Date: Jan 2002 Location: ICQ:209371571 Posts: 22,430	I used to have lunch and breakfast there when I was in Canada..... __________________ http://traffillions.com/ Sign up and get lifetime revshare on your traffic

03-01-2006, 10:00 AM	#3
jrap Confirmed User Join Date: Feb 2005 Location: Toledo, Ohio Posts: 448	Canadian coffee and doughnut chain Tim Hortons Inc., which is owned by Dublin, Ohio-based Wendy's International Inc., has filed paperwork estimating it will offer 29 million shares in a price range of $18 to $20 a share in its initial public offering. Wendy's will continue to own about 85 percent, or about 160 million shares, of Tim Hortons' common stock after the IPO, according to a filing with the Securities and Exchange Commission. Wendy's intends to spin off the remaining stake to its shareholders within nine to 18 months after the IPO, which is expected in March, according to the filing. Under the $20 share-price estimate, the IPO could raise $580 million. Including the shares Wendy's will retain, Hortons would have a market capitalization of as much as $3.8 billion.

03-01-2006, 10:08 AM	#7
Za Ha Confirmed User Join Date: Oct 2001 Location: Still lost Posts: 5,112	Yup going to grab as much as possible as fast as possible.

03-01-2006, 10:13 AM	#10
imageman Confirmed User Join Date: Jun 2003 Posts: 1,938	Hortons is Canada's Starbucks ? I tried some when i was last in Windsor Ontario to be honest it tasted bad, but then what do i know !

03-01-2006, 10:28 AM	#15
Odie Confirmed User Join Date: Apr 2003 Location: The WATER BABY! Posts: 7,040	can't wait till this comes through...I am going to get a ton of it __________________ Odie [email protected] Are you Mobile???? MMACanada ICQ # 166208354 See Who I Am At AdultWhosWho.com!

03-01-2006, 10:44 AM	#16
Michella Registered User Join Date: Jan 2005 Location: Canada Posts: 45	I'm a Tim's addict so I'll have to get me some of that stock! (just won a coffee on RRRRoll up the Rim to Win) __________________ http://nitrocomix.com/home.html

03-01-2006, 10:48 AM	#17
C-Bass Confirmed User Join Date: Apr 2003 Location: th3 1nt3Rwebz Posts: 3,153	for a $1.25, there is no better tasting coffee. Dunkin Donuts and all those other crap places have nothing on Timmy's __________________ "Unhappy with the riches 'cause you're piss poor morally." Trade traffic? - Highdef Blog

03-01-2006, 10:48 AM	#18
EroticySteve Confirmed User Join Date: Mar 2005 Location: The Sunshine State Posts: 4,365	Coffee and donughts are cheap to make and high markup items. What are their hard costs on a pot of coffee? How many servings is that? People who got on the coffee bandwagon early are geniuses and clairvoyants. __________________ You deserve to make more money. I'll help you do that. Our affiliates earn up to $3/email or $107/sale email steve <at> eroticy.com - icq 290153464

03-01-2006, 10:49 AM	#19
Dollarmansteve Confirmed User Join Date: May 2005 Location: T.O. Posts: 2,849	Free Timmy! __________________ I died.

03-01-2006, 11:46 AM	#20
Wiggles Too lazy to set a custom title Join Date: May 2004 Posts: 14,423	they are splitting it away from wendy's stock because wendy's is doing poorly and holding the profitability of tim hortons down. __________________ no sig

03-01-2006, 11:49 AM	#21
Persignup Dustin Confirmed User Join Date: Dec 2005 Location: Just west of Chicago Posts: 871	Fuck it Tim Hortons is assy...shoulda stayed in Canada. __________________ AWARD WINNING PATENTED MALE ENHANCEMENT PUBOCOCCYGEUS PC MUSCLE STRENGTH TRAINER SYSTEM 100% ALL NATURAL YOUR SATISFACTION IS ASSURED.

03-01-2006, 11:13 PM	#23
Kevsh Confirmed User Join Date: Dec 2004 Location: TO Posts: 8,619	Tim Horton's is the Blue Collar version of StarBucks. It's untouchable outside of the main cities like Toronto and started by legendary hockey player Tim Horton (played for the Maple Leafs way back). The coffee chain was also mimicked in Wayne's World (Mike Meyers is a Toronto native). There, some 411 you didn't need to know.

03-01-2006, 11:28 PM	#24
Cash Click on my TCG signature Join Date: Feb 2002 Posts: 20,825	Tim Hortons has excellent coffee and capuccino, too bad they aren't in the US as well. __________________ $9.95/month for 15000 GB bandwidth monthly, unlimited (sub)domains and MySQL5, PHP4/5, 500 GB disk storage! ; use any of these invitation codes: 216263692101; 408636009193; 846090586647; my ICQ 30160426!

03-01-2006, 11:39 PM	#25
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	Does anyone know where you can buy this stock yet? My financial advisor told me that it would only be available thru some mutual fund companies? I don't know if he's full of shit or not? DH

03-01-2006, 11:44 PM	#27
PussyTeenies Confirmed User Join Date: Feb 2005 Location: Haarlem and Amsterdam, capital of the porn world ;-) Posts: 6,496	its been taken over by waffels and chickens fransize __________________ Need adult hosting? Contact us! WARM Hosting Need an IT solution? or someone to check your site and security? Nossie - IT Professional