'Domino's Pizza to roll out drive-thru service as it seeks truce with franchisees'
The company hopes a new offer to franchisees including a fresh long-term strategy will call a halt to years of acrimony. |
Wow, truly has died a slow death today |
ANA is the best UK cannabis stock
Share price 1.1p Only £6.4m mkt cap
Fastest growing sector worldwide Will have first mover advantage in UK Same growers as GW Pharma 4 biggest shareholders hold over 50% BOD own 30% Massively undervalued (£6.4m mkt cap) Near term multi bagger on license approval Partners with leading prof , scientists etc Primed for a RTO/ main listing (price driver) Under the radar (most chased MXC,CBX) Looking to bring a product to market Off take agreement in place already Will be producing 200 TONS per year (200,000 kilos) Has the most land out of every cannabis co Fully funded for phase 1 UK medical cannabis growing 20% month Only 584m shares in issue Hardly any available in open market Will apply for a commercial license too
Worth getting in on the ground floor imho. |
Strong results announced today, glad to see the dividend is back and a re-focus on the core business.
Financial highlights
· Strong UK & Ireland performance, with system sales of £1,348.4m, up 11.4% with like-for-like system sales, excluding splits, up 10.3% (9.3% including splits)
· Underlying profit before tax of £101.2m, up £2.4m, with Covid-19 costs incurred of £9.0m to support franchisees to trade safely
· Statutory profit after tax of £39.7m, up from £2.8m, with non-underlying charges reduced to £2.1m (2019: £21.8m) and loss on discontinued international operations reduced to £42.5m (2019: £56.5m), including £22.6m (2019: £35.2m) of impairments of international operations
· Free cash flow increased by 73% to £99.0m (2019: £57.1m)
· Disciplined cash management leading to net debt reduced by 26% to £171.8m, driven by trading performance and actions taken to preserve headroom
· £45m share buyback programme, effective imminently, in line with new capital allocation philosophy and commitment to distribute surplus capital to shareholders
· Total dividend for FY20 of 9.1p per share proposed as a final dividend to be paid on 4 May 2021 |
Prelims tomorrow |
Suet
I have been in since the beginning too but its now 65p. (and I'm not in a bath) |
hybrasil - I've already taken a bath on dpeu - so can you please keep to the dpeu board. Thanks Suet |
Are you listening? DPEU is now 60p!! |
DP Enterprises reported its interims overnight and stated German results were exceptional.
They assess PLC's put option on its 33% stake in the German business at c£90m (increased by 42% in the last 6 months). I would think DPE are likely to exercise their call option over PLC's German stake when it activates next January. |
I am very fond of this share (Dom)as way back I made 32x. However Dpeu is in exactly the same place Dom had fallen to. Dpeu was listed in 2017 at £2. Its now 50p. (It was 45p when I posted on the 22nd jan) It has loads to go. They plan to get a Turkish stock exchange listing which will revitalise interest. Have a look |
PEEL HUNT RAISES DOMINO'S PIZZA TO 'BUY' ('ADD') - TARGET 425 PENCE |
Have a look at turkish /Russian Dominos Ticker DPEU. Trading Statement due on Tuesday
Last year there was a good uptick after the trading statement and judging on what the company said in NOVember it should be good news |
Prelims 9th march .......and lots ;-) |
When's the trading update and how many pizzas they sold? |
Just brought in |
Usman Nabi, a non-executive director at Domino's Pizza, spent around £640,000 buying 200,000 shares in the delivery firm, which could see a boom in sales as the tens of millions of Britons in Tier Four are forced order takeaway food instead of dining out. The shares rose 1.7 per cent, or 5.6p, to 331.4p.
Nabi, an activist shareholder who owns almost 10 per centof the company, bought the stock in around a dozen transactions through his Browning West fund. |
Why pay 4 x revenue for $DPZ / $DMP.AX $DOM.l domino us when you can pay 1 times revenue for #DPPoland ! |
Lol, how's that working out for him |
BARCLAYS RESUMES DOMINO'S PIZZA WITH 'EQUAL WEIGHT' - TARGET 350 PENCE |
Another bear..
JEFFERIES RAISES DOMINO'S PIZZA TARGET TO 210 (205) PENCE - 'UNDERPERFORM' |
Liberum Capital have always been bearish on DOM. |
Well that is obvious ... during lockdown there was no collection obviously cos collection was 'effin shut hence the line in the trading statement..
"Pleased with the performance of collection, from 0.7m orders in Q2 to 3.2m in Q3, as we reopened collection across the majority of our estate" |