Domino's Pizza Share Discussion Threads

[philanderer] 27/9/2012 10:08

Well, HB Markets still reiterating their 'buy' for DOM today.

Comment in FT today saying the shares look expensive until the foreign investment starts showing some decent returns.

[hybrasil] 27/9/2012 08:44

why would a director sell over half her shareholding if even moderate growth was expected?

[philanderer] 26/9/2012 12:56

Canaccord...

Wayne Brown at Canaccord Genuity said the slowdown was disappointing but he was still positive for the outlook:

Dominos has today provided a third quarter update which highlights a softening from the second quarter run-rate across all territories. Whilst the year to date like for like sales performance of +5.1% is ahead of our full year +3% forecast, the degree of the slowdown will come as a surprise especially as this period should have seen a benefit from the Olympics.

Some of this slowdown can be explained by the 43% lower spend on national advertising in the third quarter 2012 versus 2011 when "stuffed Crust" and "Gourmet Range" was launched. We expect this to reverse in the fourth quarter where the group is targeting a near doubling of its advertising spend over last year. Store openings have also been slower than expected with 34 stores having opened year to date leaving around 30 stores to open in the final quarter.

We see a number of headwinds from an input cost perspective with cheese and pork adding between 2%-3% of food cost pressure to the system. It is likely that these will be passed onto franchisees thereby providing some margin protection to the Plc, but could necessitate an increase in promotional activity in the fourth quarter. Acknowledging that the share shave had a good run, it is likely that these will come under pressure. However this does not necessitate a change to our long term [buy] recommendation where progress in Germany remains steady but positive.

[philanderer] 26/9/2012 12:43

Afternoon all, just flown back in from Athens before the big strike :-O

Numis cutting to 'add' from 'buy' but increasing target from 600p to 625p

the rest reiterate unchanged..

26th sept Canaccord buy TP 590p
26th sept Oriel Secs add -
26th sept Panmure sell TP 360p
26th sept N+1 Brewin hold TP 539p

[jon827] 26/9/2012 07:26

Just a /tree shake len, always happens

[lennonsalive] 26/9/2012 07:24

Wow, this gapped down this morning. Good results, but is somebody selling on them?

With increased sales of 3.7% in the last 3 months.

[philanderer] 21/9/2012 19:42

Thanks robin.

Tricky keeping up with events too closely , out here in Naxos for a few weeks with not the best wi-fi.

Not complaining though ;-)

[robinnicolson] 21/9/2012 19:26

A nice end to the week. The share price has not been at this level since January 2011. IMS next week.

[robinnicolson] 16/9/2012 14:33

For anyone looking for a degree of geographical diversification, Domino's Pizza Enterprises Limited in Australia look a very interesting proposition. They recently announced good results, with strong earnings growth and a healthy balance sheet. Like their British counterpart, they are expanding in Europe, with stores opened in France, Holland and Belgium. Unfortunately they are usually trading at a premium to the market but are worth keeping an eye on.

Here is some recent commentary on the company:



Here is a link to the investor relations page on their website:

[philanderer] 10/9/2012 10:18

10th sept Credit Suisse neutral TP 525p

reiterates.

[philanderer] 31/8/2012 20:10

Luck with those Jon - good weekend :-)

[jon827] 31/8/2012 14:04

Oh go on then :) lets have a punt

[philanderer] 31/8/2012 10:30

Away we go, did you get in Jon ?

[philanderer] 31/8/2012 07:56

IMS will be 26th september , confirmed today.

[philanderer] 30/8/2012 22:52

Next trading update will be the IMS , last week in september in 2011.

[jon827] 30/8/2012 19:54

tell u wot, im thinking this could be all you get! 540-536 with a target of 632p.... a stop in the low 520's in case its not

:)

[jon827] 30/8/2012 19:13

Need to have a look at the old crystal ball eh phil, it nailed it last time ;)

its going to make a new high FACT cus its just the best company in the world but from where....

[philanderer] 29/8/2012 23:01

Evening Jon , $64k question :-)

29th august Barclays Capital 'equal weight' TP = 552p

reiteration

[jon827] 29/8/2012 15:39

Domino's Switzerland eh!, sounds interesting... Whats a good price to get back in then? :)

[philanderer] 29/8/2012 12:07

robin, what a surprise from Panmure !! :-D

reiterations this morning...

29th august Canaccord buy TP 590p
29th august Peel Hunt hold TP 480p
29th august Numis buy TP 600p

[robinnicolson] 29/8/2012 11:54

Some analyst reaction to the acquisition:

[philanderer] 29/8/2012 07:17

Acquisition of the business of Domino's Pizza Switzerland AG

Market Expansion

Domino's Pizza Group plc ("Domino's" or "the Company"), the leading pizza delivery company with stores in the UK, the Republic of Ireland and Germany, today announces it has reached an agreement to acquire the business of Domino's Pizza Switzerland AG("Domino's Switzerland") (the "Proposed Transaction"), including the master franchise agreement (the "MFA"), which provides the Company with the exclusive right to operate and franchise Domino's stores in Switzerland, Liechtenstein and Luxembourg as well as an option to acquire the Master Franchise Agreement for Austria.

Opportunity

The Company believes that the Swiss market represents an exciting opportunity for the expansion of the Company's business in central Europe. Domino's Switzerland currently operates 12 corporate stores generating annualised sales of CHF 12million (GBP8million)* in 2011. Four of the stores are in Zurich, four are in Geneva and the remainder are located in other large towns and cities. The Company's target is to open at least 25 further stores over the next five years and Domino's believes that the market could ultimately accommodate around 65 stores in total.

[philanderer] 23/8/2012 08:20

Barclays Capital initiates coverage with 'equal weight' and 552p target

[philanderer] 14/8/2012 10:06

Goldmans downgrades from 'buy' to 'neutral' - target unchanged at 690p

[philanderer] 09/8/2012 12:01

And nearly 1 million shares traded already.

Heavy volume this week.