CMG

Brainwalter · #1 01-26-2006, 01:05 PM

Who's buying Chipotle today? They get great word of mouth in OOT alone, and I don't see why they won't do better without McDonalds than they have with them.

badpokerplyr · #2 01-26-2006, 03:22 PM

It might be harder to get the best deals with suppliers/contractors/etc. without the backing of McDonald's? At these prices stock might not be a value, and restaurant industry sees a lot of trendy stocks that eventually have to lose momentum? Baja Fresh reminds me of a concept that was extremely popular for a while, from waht I understand the stores do well, but they're not exactly high growth?

Nothing to base this on just random thoughts... I am not very familiar with CMG or restaurant stocks at all, but I will be following the price for the next few weeks... if anything I was thinking it could quickly get overvalued (or is alreayd overvalued).And if so would I be better off say playing put options or just going short on the stock?

krishan · #3 01-26-2006, 04:34 PM

[ QUOTE ]
Who's buying Chipotle today? They get great word of mouth in OOT alone, and I don't see why they won't do better without McDonalds than they have with them.

[/ QUOTE ]

Seems rediculous to double in price on your IPO day.

Krishan

csuf_gambl0r · #4 01-26-2006, 06:26 PM

is there anyway i could of bought CMG through my etrade account today? i'd imagine only preffered customers were able to get dibs on it

badpokerplyr · #5 01-27-2006, 04:11 PM

[ QUOTE ]
is there anyway i could of bought CMG through my etrade account today? i'd imagine only preffered customers were able to get dibs on it

[/ QUOTE ]

no chance anywhere near the opening $22.. the IPO shares are typically alreayd "spoken" for.

Ed Miller · #6 01-27-2006, 04:15 PM

[ QUOTE ]
Who's buying Chipotle today? They get great word of mouth in OOT alone, and I don't see why they won't do better without McDonalds than they have with them.

[/ QUOTE ]

Dude, McD's still owns majority interest.

Ed Miller · #7 01-27-2006, 04:29 PM

[ QUOTE ]
is there anyway i could of bought CMG through my etrade account today? i'd imagine only preffered customers were able to get dibs on it

[/ QUOTE ]

The internet is for porn.

And IPOs are for suckers... doo bee doo.

(Read my thoughts in OOT if you want.)

My take on this: Chipotle owes McD's money, and McD's doesn't think the future prospects of Chipotle are as rosy as they may seem to the untrained observer. So McD's unloads some shares at a premium, and uses the cash to repay McD's. Win-win for McD's, lose-lose for CMG shareholders.

hawk59 · #8 01-31-2006, 03:59 AM

Through the first 9 months of 04 they spent $57mm on growth capex. Through the first 9 months of 05 they spend $33mm on growth capex. Not good for a stock with a big growth multiple. Maybe this gets to the point why MCD thought this was a good time to sell off some of it.