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(CNN)   Will the A) Bull or B) Bear or C) Crazy Chicken descend on Wall Street this week?   (money.cnn.com) divider line 9
    More: Amusing, IPO, Chipotle Mexican Grill, fast food restaurant chains  
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583 clicks; posted to Business » on 21 Jul 2014 at 4:57 PM (8 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



9 Comments   (+0 »)
   
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2014-07-21 02:12:58 PM
altavoz.pe
 
2014-07-21 04:16:55 PM
i0.wp.com

done in 1.  but heck.
 
2014-07-21 05:06:57 PM
Who buys IPO stock of a company that hasn't made a profit in the last 3 years?
 
2014-07-21 05:14:42 PM
My Fark stock is not for sale.
 
2014-07-21 06:35:43 PM
Did Wall Street run out of them?
southparkstudios.mtvnimages.com
 
2014-07-21 09:24:17 PM
I don't know what Loco is like, but Regio has a tight grip on the Dallas market.
 
2014-07-21 09:48:30 PM
The crazy chicken has taken roost on wall street from years
 
2014-07-21 10:38:11 PM
This pizza place I worked for a decade ago had a pizza called: 'pollo loco'. Chicken, red onion, broccoli... Was good.

/immediately thought of BB.
 
2014-07-21 10:55:44 PM
From TFA: Last year, it generated 80% of its revenue from the greater Los Angeles area.

Hmm, that's a little concerning. But hey, room for growth!

Then this from TFA: It received a significant investment from private equity firm Trimaran Capital Partners in 2009. After the IPO, Trimaran will own about 46% of the outstanding shares. Another private equity firm, Freeman Spogli, will own 26% of El Pollo Loco stock.

So right off the bat, out of the 7 million shares in the IPO, 5,040,000 will be owned by the two private equity firms. I don't have any huge issues with that, investors need to be paid back and all that. But 1,960,000 shares outstanding?

Then there's this little gem: The company plans to use the proceeds from its IPO to pay off part of its $288 million in total debt.

For a regional company with 401 locations, that's a farking crapton of debt.

/the money stays in the sandwich heavy portfolio for now
 
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