{"id":3820,"date":"2018-02-01T21:13:24","date_gmt":"2018-02-02T02:13:24","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3820"},"modified":"2018-02-01T21:20:04","modified_gmt":"2018-02-02T02:20:04","slug":"tfig-tab-food-investments-ipo-preview-tfig","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/tfig-tab-food-investments-ipo-preview-tfig\/","title":{"rendered":"TFIG Tab Food Investments #IPO Preview ($TFIG)"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/TFITABFOODINVESTMENTS.jpg\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3828\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/TFITABFOODINVESTMENTS.jpg\" alt=\"TFITABFOODINVESTMENTS\" width=\"151\" height=\"77\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/TFITABFOODINVESTMENTS.jpg 151w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/TFITABFOODINVESTMENTS-150x77.jpg 150w\" sizes=\"(max-width: 151px) 100vw, 151px\" \/><\/a><\/p>\n<p>Company: TFI TAB Food Investments<br \/>\nSymbol: TFIG<br \/>\nDescription: They are one of the world&#8217;s largest global restaurant operators by number of restaurants and the largest Restaurant Brands International, or RBI, franchisee globally.<br \/>\nUnderwriter(s): Morgan Stanley, Credit Suisse, Goldman Sachs &amp; Co., Citigroup, J.P. Morgan, Rabo Securities<br \/>\nShares: 22 million ADS<br \/>\nPrice Range: $9.00-$11.00<br \/>\nTrade Date: 2\/7<br \/>\nTerms Added: 1-26-18<\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1638688\/000114036118002837\/s001927x6_f1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>:\u00a0They operate a broad range of quick service restaurants, or QSRs, mainly in Turkey and China, and their brand portfolio includes some of the most widely recognized QSR brands in the world.\u00a0 Since opening their first location and becoming the exclusive master franchisee of Burger King restaurants in Turkey in 1995,\u00a0they have become the largest operator of QSRs in Turkey and the only one offering a wide spectrum of restaurant concepts, encompassing hamburger, chicken, sandwich, Italian\/pizza and Turkish QSRs.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.16-PM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3824\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.16-PM.png\" alt=\"Restaurant.TFIG\" width=\"682\" height=\"372\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.16-PM.png 682w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.16-PM-600x327.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.16-PM-300x164.png 300w\" sizes=\"(max-width: 682px) 100vw, 682px\" \/><\/a><\/p>\n<p><strong>Financials:\u00a0<\/strong>Their revenues were TL 1.74 billion, TL 2.29 billion, and TL 2.86 billion and their net loss was TL 110.4 million, TL 153.0 million and TL 254.9 million in 2014, 2015, and 2016, respectively. In the first three quarters of 2017, their revenue increased 42.2% to TL 2.93 billion and their net loss increased 18.1% to $115.5 million.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.08-PM.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3825\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.08-PM.png\" alt=\"Screen Shot 2018-02-01 at 9.10.08 PM\" width=\"831\" height=\"242\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.08-PM.png 831w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.08-PM-600x175.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.10.08-PM-300x87.png 300w\" sizes=\"(max-width: 831px) 100vw, 831px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.11.21-PM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3826\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.11.21-PM.png\" alt=\"TFIG.Financials\" width=\"1094\" height=\"542\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.11.21-PM.png 1094w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.11.21-PM-600x297.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.11.21-PM-300x149.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/02\/Screen-Shot-2018-02-01-at-9.11.21-PM-1024x507.png 1024w\" sizes=\"(max-width: 1094px) 100vw, 1094px\" \/><\/a><\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here&#8217;s a<a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=3655\"> 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique&#8217;s service.<\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: TFI TAB Food Investments Symbol: TFIG Description: They are one of the world&#8217;s largest global restaurant operators by number of restaurants and the largest Restaurant Brands International, or RBI, franchisee globally. Underwriter(s): Morgan Stanley, Credit Suisse, Goldman Sachs &amp; Co., Citigroup, J.P. Morgan, Rabo Securities Shares: 22 million ADS Price Range: $9.00-$11.00 Trade Date:[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1463],"class_list":["post-3820","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-tfig"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3820"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3820\/revisions"}],"predecessor-version":[{"id":3830,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3820\/revisions\/3830"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}