Here is whyhttps://www.asktraders.com/analysis/dominos-pizza-share-price-just-crashed-14-heres-why/ |
Don't think we have missed anything..
Have take 2nd modest nibble.
People that think that shares always go up on good/benign results are wrong.
Sometime they go down on good results
But that does not negate the fact that they are good results - so this this is an opportunity.
Have taken further modest nibble.
As far as I can see from the update Pizza is not a cure for COVID-19 .. but clearly takes the edge of it. |
The growth didn't translate into an upgrade perhaps? Bit surprised by the reaction too |
Not invested but at a loss to understand market reaction. If lockdown intensifies then takeaway/delivered food must be the winner.
I'm finding it increasingly difficult to understand the markets reaction to company results at the moment. |
I'm sure we missed something.. or the market was expecting some insane 50% growth and disappointed by the 'mediocre' results. |
Nice results have fallen into a down day for the market. I think some of the "it is better to travel than to arrive" mob have sold as well.
With the exception of almost every other business in the UK, eating Pizza is clearly COVID proof. A cheap treat for families in dark times.
All those students stuck in their halls of residence what they going to buy?
Nice results and the shareprice falls and I am interested. You get the nice results and the the good fortune to get in at a nice price. What is not to like
Toe in for me |
Well - we're still over £3 - but a bad day for the market.
Suet |
Update tomorrow. Hopefully takes it to over 400p!!!! |
PEEL HUNT RAISES DOMINO'S PIZZA PRICE TARGET TO 425 (375) PENCE - 'ADD' |
How high can this go? Anyone got any analysis to share? Thanks |
Questor: after we all loaded up on lockdown pizza, Domino’s is back in expansion mode.
Buy
Questor share tip: if the takeaway chain can put a spat with its franchisees behind it, the shares should warm up nicely |
Significant buying again by the NED. Still struggling to see his angle (presumably expecting a 10-15% CGR return) but, hey, the share price continues to do relatively well all things considered. |
Nice to have accumulated such a position |
GP :
WFIW, I will be paid about £4.2k by DOM in September. Happy days.... |
Who else will be collecting this weeks dividend? |
I do not understand these analysts.
Are they reading the same interim report I read.
You have to wonder about there aims.
Santos123. |
How's that prediction going down for her? |
'Jefferies warns on long-term Domino’s issues'
Domino’s (DOM) is benefiting from short-term government support but Jefferies is concerned about the long-term challenges.
Analyst Becky Lane retained her ‘underperform’ recommendation and target price of 205p on the shares, which rose 2.1% to 331.8p yesterday.
The pizza takeaway chain announced ‘robust’ like-for-like sales in the first half of the year and Covid-19-related costs are set to reduce in the second half.
‘In the short term, Domino’s and government support have helped support franchisees,’ he said. ‘But we think that, longer term, rebuilding franchisee relationships will take time, with ongoing challenges to franchisee profitability.’
He added that despite the sale of its Norway arm the international part of the business ‘continues to materially drag’ |
Nice Update overall |
Yes fraz - mixed bag got a mixed reception but overall I am reasonably satisfied.
Suet |
Not sure - mixed bag of numbers. UK/Ireland (ongoing ops) good - specifics of this were already flagged. Covid related costs to fall in the second half and EBIT would be strongly up if it were not for those. International ops usual disaster not helped by Covid. Debt down but only due to lack of dividend payments in the period and lower Capex. Previous final to be paid. Nothing on current trading other than ‘encouraging’ |
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