Comments on: Time to Buy Tim Hortons?

By: Haris shakeel

Haris shakeel — Mon, 29 Jun 2009 06:59:26 +0000

By: Haris shakeel

Haris shakeel — Mon, 29 Jun 2009 06:58:12 +0000

i want to buy tim hortons If u have any information plz reply thx.

By: » eFIPO’s Blogs Of The Week #3

» eFIPO’s Blogs Of The Week #3 — Sun, 22 Oct 2006 19:18:15 +0000

[...] Canadian Capitalist– A record of my personal financial experience in Saving, Debt Management and Investing. This is one of the top Canadian financial blogs and it’s easy to see why. All of his articles are very detailed and replies to comments very quickly. If you live in Canada and need financial advice, head over to this site today. This is where I found out that Wendy’s and Tim Horton’s will be splitting up. Read more about this topic in this article. I didn’t even realize they were going to split and I even own Wendy’s stock! [...]

By: Canadian Capitalist

Canadian Capitalist — Thu, 07 Sep 2006 02:27:55 +0000

Jeff: I couldn’t agree with you more on the frozen donuts. These days I just grab a double double (and avoid the donuts) from the drive through window. But most Canadians still love Tims and the same store sales and revenue growth has been stellar and the chain remains an immensely profitable franchise. At some price, it will be a very good long-term investment, assuming management doesn’t blow the cash flow on a disastrous US expansion.

By: Phil S

Phil S — Thu, 07 Sep 2006 02:06:34 +0000

I’m not a huge fan of the retail food services sector as an investment. I only hold one investment in that sector which is Prime Restaurants Royalty Trust. But that’s mainly because I wanted to have some interest in their pub business – I generally don’t care about the East Side Mario’s chain.
It’s NOT a stated goal by their management team, but I would LIKE for them to be a consolidator of pubs. The pub market is so fragmented in Canada that I think there is plenty of opportunities in that sector. Chain restaurants, not so much.

By: JeffD

JeffD — Thu, 07 Sep 2006 01:01:55 +0000

oh, and the donuts have never been the same since they started bringing them in frozen and then essentially reheating to serve. Anyone can do that! And what are the growth prospects in Canada when there is a store on every corner.

By: JeffD

JeffD — Thu, 07 Sep 2006 00:56:43 +0000

The thing I dislike most about Tim Hortons is the people who work there. Most of them are obviously miserable and don’t want to be there and probably about half of them can’t even speak english. It’s terrible customer service that keeps me away from this company both as a customer and investor. It’s also, in part, what leads me to firmly believe that the company will go nowhere in the US.

By: Canadian Capitalist

Canadian Capitalist — Wed, 06 Sep 2006 18:33:01 +0000

Int Three, Kimber: You should check out the Investment Reporter analysis if you can (it might be available at your local library). They came up with a $34 value on THI based on a sum of parts analysis. Tim’s has some hidden assets like real estate, its brand etc. and also has a bit of room to grow in Canada (mostly in Quebec and the West). The risk factor is their expansion plans in the US, which hasn’t been too kind to Canadian retailers (think Future Shop, La Senza or Jean Coutou of late).

By: Kimber

Kimber — Wed, 06 Sep 2006 17:52:40 +0000

This additional offering was the reason that I wasn’t excited about Tim’s the first time (didn’t know why everyone was a buzz when it was merely first round).

Plus I didn’t like that growth in the U.S. was basically factored in.

The U.S. has different tastes in both coffee and donuts than Canada so success is not guaranteed.

I’m waiting for the dust to settle.

By: 0xcc

0xcc — Wed, 06 Sep 2006 12:10:53 +0000

I am also thinking that the week or two after Wendy’s spins out the rest of Tim’s might be a good time to buy. The real big question with THI though is where is their growth going to come from? They are looking to the US but will the be able to crack that market? How many Canadian retail companies have attempted to crack the US market and ended up scurrying back north with their tail between their legs?

So I don’t know what to think here. Look at any weakness as an opportunity to buy or wait until their US expansion plans start to show signs of success?