While many people call this Mexican-style French toast, it is actually used as a dessert in Mexico.
11⁄2-pound loaf egg bread
1⁄4 cup blanched almonds
4 cups granulated sugar, divided
11⁄2 cups water, divided
2 cups shredded coconut
3 large eggs
1 tablespoon flour
1 cup shortening
1 cinnamon stick
3 tablespoons raisins