315p was a very good entry for some |
Looking forward to seeing 300p next week on no imminent news. |
Would be nice to get this below 300p. |
Good time to dip back in. |
US cpi report today ..down or up markets??? |
I'll come buying back at280p |
xd this morning for the 7.2p dividend |
Are we going to see 300p this m9nth?? |
Market not excited about the Polish expansion.
Perhaps a read across from the Papa John's news.
Suet |
So the share price is getting back to pre-results level.
Perhaps dom has a future after all!
Suet |
Overly hammered imo.
This market sucks.
Suet |
Peeps don’t seem to agree with me.
Suet |
I thought the results were more than ok.
Suet |
Results tuesday |
Peel Hunt raises Domino's Pizza to 'buy' - price target 425 pence |
Noticed they are doing new menu items, Italian themed pizza even the Italian wouldn't eat. |
Looking for 450p later this year. |
Barclays cuts Domino's Pizza to 'equal weight' (overweight) - price target 400 (460) pence |
Just listened to the investor events, from 11 Dec.
Bit late listening, but been busy.
Very impressed by Andrew Rennie CEO.
Also his views about the future of the company, ie expanding into other franchise businesses, and buying more master franchises outside of UK.
The recent past has been a disaster with foreign investments, but I was interested to hear his views on this subject.
Well worth a listen.
I would also be interested to hear other shareholders views.
Santos123.
Stay prosperous. |
Equally it now looks as if DPP have turned the corner and if you get the exponential growth there that Dom got in the early days it could be very exciting. Dom was my best ever investment at 32X! |
 Peel Hunt: Domino’s delivering on buybacks
Domino’s (DOM) has double-digit earnings growth in its sights, which should fuel further buybacks, says Peel Hunt.
Analyst Douglas Jack reiterated his ‘add’ recommendation and target price of 400p on the Citywire Elite Companies AA-rated takeaway pizza chain, which slid 7% to 343.6p last week.
The group reported slow like-for-like sales in the third quarter, up 3.7% versus 9.7% in the first half, but earnings forecasts were steady. The group also accelerated buybacks, and Jack is now forecasting £89m of buybacks rather than £60m this year.
‘With Andrew Rennie at the helm, franchisees expanding and contributing to national promotions, Domino’s is in good shape,’ he said.
‘The company is generating a significant amount of cash.’
Jack said the 20x price/earnings compares to the 10-year average of 21-22x when like-for-like sales averaged 7.9%.’
‘The reason to own the shares is market expectations of double-digit earnings growth in both 2024 and 2025, supported by faster expansion and more share buybacks,’ he said.
CITYWIRE.COM |
Domino’s reports falling orders in tough delivery market.
Not surprising given how expensive their pizzas are. You can get a pizza from Waitrose for £1.50 and chop up some toppings of chicken and mushroom for multiple pizzas for £5.
Dominos charge £22.99 for a piece of trash. This stock is a stinker and people that eat dominos are fat obese people. |
What are your thoughts on the update? |
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