Domino's Pizza Share Discussion Threads

[frazboy] 23/6/2020 10:52

Interesting RNS holding update - the supportive buying on the AGM trading update day, was the NED.

[philanderer] 19/6/2020 11:23

Domino's Pizza, down 3.6%. Berenberg cut the pizza chain to Sell from Hold.

[izztre] 17/6/2020 10:12

Thanks at least they have caught up and now have vegan pizza

[aa29] 17/6/2020 10:04

@Izztre Yes, I think it is about what the markets were expecting and that was thinking sales are up so profits will be up especially with not as much disruption compared to others in the sector. Domino's sales could also slow now that other fast food chains have reopened.

[danj1975] 17/6/2020 10:04

Good price to take a position....

[philanderer] 17/6/2020 09:03

usual advice.. :-) Liberum reiterates 'sell' Peel Hunt reiterates 'buy'

[izztre] 17/6/2020 08:37

Is today's reaction to the update overdone?I would say a slight fall in profits is not too bad in the current climate. However I guess it is all about what the market was expecting

[philanderer] 12/6/2020 10:14

Peel Hunt 'buy', new tp 375p ....up from 350p

[santos123] 19/5/2020 13:29

Thanks for your post Robinnicolson. I missed that update. I now know how I will vote on all the resolutions. AGAINST. This is abysmal treatment of the long suffering shareholders of Dominoes. I for one would like to see the directors take a large pay cut, as they seem to think its OK for the shareholders forfeit the dividend. Santos123

[robinnicolson] 19/5/2020 11:44

From the Covid-19 update on 27 March: The Board has already overseen actions taken on costs and capital spending and continues to carefully assess all remaining essential spending in order to protect our liquidity. Although our performance and liquidity position remain strong, given the volatility of delivery sales and with an uncertain outlook, we are taking a cautious and prudent approach and therefore the Board has decided to suspend the final dividend payment of 5.56p that was announced as part of our full year results on 5 March 2020. The Board will keep this matter under review in the coming months.

[santos123] 19/5/2020 10:30

I have just received the voting forms for the this years A.G.M. There is NO resolution regarding paying of a dividend. I have tried phoning Dominoes, but they will not answer the call. Does anybody here know anything about this years dividend? Santos123.

[suetballs] 02/4/2020 11:17

Looks like 2 good board appointments. Suet

[wetpantz] 01/4/2020 20:36

Nice move up today with strong afternoon volume in a falling market. Seen stories in local media about stores tripling usual sales on Friday and closing early after selling out of food. Will perform well during lockdown and hoover up takeaway market share but remains to be seen whether these extra sales will be sticky.

[suetballs] 01/4/2020 16:07

I was slightly concerned about the future of this share. And thought the banks and insurance companies would be ok. After today I'd better buy some more dom quick! Suet

[philanderer] 01/4/2020 14:56

Domino's: Canaccord upgrades to buy with a target price of 320p.

[nod] 29/3/2020 21:20

Here in New Zealand we have a lockdown. During the lockdown all takeaways are closed and deliveries of cooked food prohibited. All Dominos outlets are closed. Supermarkets can deliver food orders.NZ chose to go straight to a severe lockdown rather than gradually increasing restrictions. Everyone must stay home. All businesses are closed, except supermarkets, pharmacies, gas stations. We are starting our 5th day of lockdown. We are not allowed to drive except to local essential services. There are very few vehicles on our roads, which makes it easy for police to stop and check.

[wetpantz] 28/3/2020 13:29

Domino’s UK looking to hire 6000 staff to meet demand for delivery, according to FT article this weekend. Most of the fast food competition has vanished overnight, i.e. McDonalds, KFC, Burger King, Subway, Greggs, Pret as well as the casual dining chains. Excellent hedge against prolonged covid-19 lockdown IMO

[suetballs] 27/3/2020 07:26

Trading looks ok. Dividend suspended. All in all not too bad. Suet

[suetballs] 23/3/2020 11:42

Nice rise today. But will Boris close takeaways? Suet

[robinnicolson] 21/3/2020 14:29

Domino's Pizza in the USA are hiring an additional ten thousand people to cope with the increased demand, so I presume Domino's in the UK are taking similar action.

[tradejunkie2] 21/3/2020 13:10

Do we know if takeaways are booming right now given the self isolation views welcome....?

[suetballs] 20/3/2020 20:27

OK so takeaways still permitted. This should help dom. Today's announcement is really bad news for the hospitality industry but I suppose it was inevitable. Hopefully an exit will come along sooner rather than later. Stay safe everyone. Suet

[dround87] 11/3/2020 22:05

Better than the chefs in fancy restaurants poking and prodding food around the plate getting it just right. Orwell had it right. The more you pay the more it's been molested by another human being.