Domino Printing Sciences Share Discussion Threads

[urgentclick] 17/4/2012 15:26

This stock is a winner. Watch it go back to 650p and beyond. As evidenced by the recent re-trace of the share price.

Recent news:
10 April 2012

In April 2011 Domino Printing Sciences PLC ('Domino') invested $50m in TEN Media LLC ('TEN'), a business based in California, USA set up to implement improved food safety monitoring, freshness and traceability systems in the egg industry.

We announce today, that Omron Automation & Safety ('Omron'), a key supplier to the project, has elected to join the founding shareholders, and has invested as a minority shareholder, valuing TEN at $500m, a 50% increase in value, since its incorporation 12 months ago. Omron's investment dilutes Domino's holding down to 14.85%, valuing our shareholding at $74.25m.

Omron will provide manufacturing and procurement services, automation hardware and engineering support to TEN.

Nigel Bond, Domino Managing Director commented: "We are delighted that Omron, a significant supplier from the outset of the project, has decided to become a strategic partner in the business venture through this investment. Omron, a proven technology provider over many years, will help enhance TEN's product offerings and is a great addition to the team."

[boyinthebubble] 16/3/2012 19:27

Domino has such a good reputation in the City and previous performance has been repeated growth year on year this is a terrible shame.

[owenski] 16/3/2012 08:32

Same here Blue :-(

[bluebelle] 16/3/2012 08:28

Agree. I sold on that news. I just don't buy that 'previously reported tough conditions' - that wasn't the tone of the last statement. Once I no longer completely trust the management, I go if they haven't !

[owenski] 15/3/2012 20:07

Yep, not been in that long but decided to take a hit and sell, its a bad read.

[enormouswillie] 15/3/2012 19:22

Hmmmmmm indeed. However you want to dress this up, it's a profit warning! I expect they will drop further over the coming days.

[cambium] 15/3/2012 12:09

Ouch, no position, luckily



Subject:


DJ Domino Printing: 4 Month Sales Down 6%, FY Growth Unlikely


LONDON (Dow Jones)--Domino Printing Sciences PLC (DNO.LN), a printing equipment manufacturer, said Thursday that previously reported tough conditions have continued during the first four months of our new financial year, with sales revenue 6% below the corresponding period last year, adding that sales growth for the year as a whole is unlikely.

MAIN FACTS:

-Interest in product range remains strong and sales project activity is at normal levels in most parts of the group, but external conditions have led to extended sales cycles and deferrals in decision making.

-This lack of confidence is most notable in Europe but company also experienced a slower start to the year than expected in China where the level of larger projects is running below that of last year.

-Sales in the Middle East have been impacted adversely by the events across the region.

-Order intake rates for new equipment have been below the prior year during this period.

-There is no indication at present that the manufacturing output of our customers is slowing and our after market revenues remain as expected.

-Net cash at the end of February 2012 was GBP25.3 million.

-Company remains cautious about market conditions and we continue to manage the business accordingly including maintaining a very careful control over costs.

-Shares at 1133 GMT, down 116 pence, or 17.5%, at 547.5 pence valuing the company at GBP657.06 million.



-By Rory Gallivan, Dow Jones Newswires

[bluebelle] 26/1/2012 16:17

Yes, owenski, I think so. As I said on CR's thread I was very taken when they first mentioned it and did some very basic calculations on market size etc. and the figures are staggering. This is a sign that things are going in the right direction. It's a bit like Buffet's rationale for buying into Gillette - even when men are sleeping, their need for Gillette products is growing ! Same with eggs. They just keep on popping out every day in their billions (might be being a bit simplistic - my ignorance of chicken farming showing a bit there !).

Even without this, it ticks most of the boxes for me in terms of management, cash generation, dividend policy etc. Still undervalued compared to its peers IMHO.

[cambium] 26/1/2012 16:09

I'll update header later

[owenski] 26/1/2012 16:05

Picked up a few of these today for ISA Blue, thats some potential on that announcement.

[bluebelle] 26/1/2012 09:50

Always thought there was massive potential in the egg business :



26 January 2012

TEN Media announces the signing of an agreement with a major U.S. supermarket chain for the implementation of compliance verification and traceability coding systems in its egg supply chain

26 January 2012

In April 2011 Domino Printing Sciences plc ("Domino") announced that it had made a US$50m investment in TEN Media, a business established with NewMarket Impressions LLC ("NMI") to provide the global egg industry with compliance verification, traceability and on-egg printing solutions. TEN Media owns know how and specific intellectual property rights that places it in a unique position to supply such solutions, including the deployment of its patented technology for recording vital egg production data and marking it, in the form of consumer friendly codes, directly on the shells of table eggs. In addition to taking a 15% equity stake, Domino also has the exclusive rights to build and supply marking and coding systems to TEN Media.

In excess of six billion dozen eggs are produced in the U.S. each year. Recent U.S. food safety legislation imposes new requirements upon U.S. egg producers to strengthen salmonella prevention efforts. TEN Media's patented technology enables a comprehensive, real time end-to-end solution to aid in salmonella prevention and its proliferation during the production, storage and transportation of shell eggs. Additionally, the TEN Media technology marks certified fresh dates and trace codes onto the shells of individual eggs, thereby enabling every egg to be identified and traced, from harvest to table and back.

NMI, on behalf of TEN Media, has recently entered into an agreement with a major U.S. based supermarket chain to deploy TEN Media technologies and systems for the purpose of implementing compliance verification systems and to mark certified traceability and freshness coding on all eggs sold at all stores in the U.S. Domino will build and supply all laser printing and coding systems for TEN Media. Further detail on the size and timing of the financial impact will be announced upon finalization of a comprehensive deployment schedule. Domino expects to commence delivery of TEN Media's newest product line during 2012.

Nigel Bond Group Managing Director of Domino Printing Sciences plc commented: "Domino's investment in TEN Media represents an exciting opportunity for the Group to become involved in the first automated web based disease prevention and traceability system for eggs. The agreement is an important step in the development and deployment of the business model and will provide a new standard in consumer food safety. In addition to food safety benefits, TEN Media's systems will help deliver important environmental and sustainability programs by significantly reducing waste caused by incidental egg breakage during transportation and handling of eggs."

Mitchell Chait, President of NMI added: "In order to capture all egg production for this supermarket chain, it would require Domino to build and install up to 3000 compliance and coding systems across the U.S, which will have the capability of verifying and tracking approximately half of all carton eggs sold at retail in the U.S each year."

[boyinthebubble] 22/1/2012 11:14

Closing on the day high bodes well for more rises this week.

Barchart.com has this down as a strong buy too.

[bluebelle] 20/1/2012 15:28

Quality long term hold - another one which has been heavily oversold IMHO.

[ryandj2222] 20/1/2012 15:25

This one is flying at the momment!

[bluebelle] 03/1/2012 16:02

RNS Number : 9268U

Domino Printing Sciences PLC

03 January 2012

Domino Printing Sciences plc is pleased to announce it has acquired the remaining 5% of the issued share capital of aps Alternative Printing Services GmbH ('APS') from Werner Schaffer for cash consideration of EUR 831,444. The consideration was funded from Domino's cash resources.

APS is based in Germany and develops and manufactures a range of innovative thermal inkjet printers.

Domino purchased its initial 95% holding in 2008 and the purchase of the remaining 5% has been made under the terms of an option agreed with Werner Schaffer at the time of the initial acquisition.

Enquiries:

[blippy2] 13/12/2011 09:17

"If it tanks further". Oh, the naivety.

Still, divvies up 20%. Back of the net!

[westcountryboy] 13/12/2011 08:03

I agree, impressive numbers, though the rate of growth in H2 did slow quite a bit. The main worry must be the segmental dependence on Europe, which seems determined to embrace austerity, and I think that is what is spooking the markets.

[blippy2] 13/12/2011 07:58

Prelim statement just in.

Underlying return on sales has edged up, underlying EPS up 9%, 33rd year of sales growth with record profit.

Looks like the market it got it wrong yesterday. At least to me. It this thing tanks further I will severely tempted to top up.

[blippy2] 12/12/2011 21:23

Down another 3% ahead of trading statement. Holding here, so I hope it's going to be a good one. Seems unlikely, though.

[blippy2] 09/12/2011 20:04

Brace yourself. Down 5.4% when the market is up 0.8%. This share is acting funny, and has been for awhile. I think there are people in the know that know something is amiss. I just don't know what.

[robinnicolson] 18/9/2011 11:25

Seymour Pierce have maintained their 'buy' recommendation on DNO, saying that "the weakness in European equipment sales is no great shock given the economic clouds overhead".

[robinnicolson] 16/9/2011 18:34

Broker comment:

[edwardt] 16/9/2011 12:23

mm - it is often touted as a top quality growth stock by some of the best fund managers in the business, hence i am tempted to tuck a few away but hear your concerns so will wait for now....

[jakedog2] 16/9/2011 12:16

Edwardt,

Slowing down of the business in second half of year. 1st half was +8% v 2010, but -1% since & slowing

Also the interim statment is vague withhow much will longer the slowdown will continue.

Basically, business has hit a 'soft patch' & mkt is pricing this in now & potenital further slowdown.

Any business reporting a slowdown is being heavily punished in this mkt.
Think there is further to fall IMHO

[edwardt] 16/9/2011 11:31

any colour on why the large sell off...