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moneysense.ca, 11/01/06
How to get Shares in Tim Hortons?
Current issue:
The Globe and Mail is reporting today that Wendy’s is planning to spin-off the rest of its stake in the Tim Hortons chain as a special dividend to its shareholders , as early as nine months after the IPO in March. Since the initial sale of Tims shares are going to be in great demand, retail investors who are unlikely to get any shares in the IPO, have two options:
- Buy shares in Wendy’s (WEN, trades around $57 on the NYSE) and when the shares go ex-dividend (likely to be as early as the end of 2006), sell WEN and keep the Tims shares.
- As The Globe and Mail story notes, hedge funds in the U.S., which own a large portion of Wendy’s are likely to flip their Tims shares as soon as they receive it, creating a huge overhang on the market. Investors should be able to pick up some Tims shares at a fair price after the second tranche hits the market.
moneysense.ca, 11/01/06
Hello,
I came upon your blog site about a month or two ago, and I’ve been reading your posts regularly since. I enjoy reading the thoughts and choices of a fellow Canadian investor that isn’t a millionaire boasting and lecturing others how to achieve success. Even though you already have a fairly firm understanding of investing and finance, you’re still going through the learning process and you’re willing to share your success and failures with others. I consider myself an amateur investor who is just getting to understand the market and the methods of investing. I recently started a new job at a bank doing simple banking and finances for others and I’m really starting to grow more and more interested in investing and learning about economics and finance. I just wanted to let you know that I enjoy reading your posts – they’re helping me learn about the financial world.
Hello Sarkis:
Thank you for your kind words and thanks for reading my little blog. I have edited your comment slightly to remove some of your personal information.
Wow! What a great site! Thanks for all the info. This post is especially useful, and I’ve linked to it from my blog: http://timsstocks.blogspot.com/
I don’t have much investing experience, but of course am caught up in the Tim Hortons IPO craze, like the rest of Canada. I’m glad to have found a site that actually educates readers about investing, as opposed to assuming you know everything already. Keep it up!
[...] How to get Shares in Tim Hortons? [...]
Where and how just an average man here wanting to buy 5000.00 worth of tim shares can you help Thanks
Tim Horton’s is at the height of it’s earning growth potential here in Canada(look at their website, quebec is the only area they are looking for franchisees). If your buying the IPO realize that the real growth potential will have to come from the U.S. market which most don’t realize or consider. So yes if you really love Tim’s buy Wendy’s and wait. Because initially this will be an over priced IPO when it’s in open market trading.
I bought stocks and I am thrilled to have spend $12,000 on THI…the word is that it is going to be big on Monday,.,.,..it will go up big time
Dee, don’t believe everything you hear! Unless you got your hands on this before it went public, THI you will continue to see losses. SELL SELL SELL. But hey hope it worked out for you!
Hi
I am new and vary intrested in learning everything I can about investing, were and how do I learn at a new baby level, We are getting to be middle aged and the fear is setting in for us we don’t want to be left behind. Thanks
I would like to buy Tim Hortons shares. Would you please advise how and where to get them.
Thanks.
You can buy Tim Hortons (ticker THI) on the Toronto Stock Exchange through a brokerage account. Before buying individual stocks, ask yourself if that’s what you really want to do.