Domino's Pizza Share Discussion Threads

[steve73] 25/10/2017 02:46

So buying back £7.2M increased the M-cap from around 1.3B to 1.6B. Not a bad use of company funds.
If the next £7.8M has a similar effect, the mcap could end up over 1.9B, with a share price of around 400.

[philanderer] 24/10/2017 18:33

Just when the shorters thought it was over ;-)


RNS: Buy back continues....

It is expected that the Programme will commence from 25 October 2017 and be completed by 31 December 2017.

A total of approximately £7.2m has already been used to buy back 2,352,593 ordinary shares in the capital of the Company pursuant to the Programme. Consequently, the Company intends to use up to approximately a further £7.8m to repurchase Ordinary Shares.

[philanderer] 23/10/2017 11:34

Creative Work of the Week: Domino's Alexa skill promises you will never go hungry again

[philanderer] 19/10/2017 08:52

Quite well received.

[blueflex2] 19/10/2017 08:29

Domino's German Joint Venture to acquire Hallo Pizza
Domino's Pizza Group plc ("DPG"), the leading pizza company in the UK, today announces that Daytona JV Limited (the "German Joint Venture"), which operates the Domino's master franchise in Germany, and in which DPG owns a one third stake, is to acquire Hallo Pizza GmbH ("Hallo Pizza"), for a consideration of EUR32 million on a cash and debt free basis(1)

Transaction rationale
The acquisition will strengthen the German Joint Venture's market leading position and increase the store count in Germany from 209 to approximately 300-340(3) following brand conversions, accelerating progress towards its 1,000 store target. Existing Hallo Pizza stores will be operated on a transitional basis until franchisee contracts are converted to Domino's.
The transaction is also expected to improve the profitability of former Hallo Pizza stores and existing Domino's stores for both franchisor and franchisees as stores are converted to Domino's and national advertising campaigns, social media initiatives and IT innovations are leveraged over the larger store network.
The transaction is scheduled to complete in the first quarter of 2018. Following completion, the German Joint Venture will work with the vendor and Hallo Pizza management to convert franchise contracts to the Domino's brand over the next 2-3 years.

Acquisition consideration and funding
The purchase price for Hallo Pizza of EUR32 million will be payable on completion of the transaction. An additional EUR20-30 million of costs are estimated to be incurred over the next 2-3 years to finance store conversions and other transaction costs. The consideration and related costs are to be funded by the German Joint Venture's shareholders, Domino's Pizza Enterprises Limited ("DPE") and DPG, in proportion to their current shareholdings. Accordingly, DPG will fund one third of the purchase price on closing of the transaction (EUR11 million) and one third of the conversion and other transaction costs over the next 2-3 years.

Extension to joint venture agreement
In respect of the German Joint Venture, DPG and DPE have agreed to extend the put and call option agreements over DPG's interest in the German Joint Venture by one year. DPG's put option will now be exercisable at any time on or after 1 January 2021, and DPE's call option will be exercisable at any time on or after 1 January 2023.
1. The acquisition is to be effected by Daytona Germany GmbH, a wholly-owned subsidiary of the German Joint Venture, and Domino's Pizza Deutschland GmbH, another wholly-owned subsidiary of the German Joint Venture.
2. Hallo Pizza financials for the year ended 31 December 2016. Normalisation adjustments comprise the removal of expenses relating to the vendor, other general and administrative costs which are non-recurring in nature, and other items which differ under the future ownership structure.
3. The German Joint Venture expects approximately 45 stores from either the existing store network or Hallo Pizza to be consolidated over time due to the proximity between stores in some locations with existing German Joint Venture stores.

[philanderer] 18/10/2017 13:46

Domino's calls for leadership training to be added to National Curriculum amid fears of Brexit skills gap

The pizza delivery firm said 50 per cent of its managers come from outside the UK

[evg] 18/10/2017 12:56

I need £3.45 and I'm out Was hoping for £3.50+ looked possible last week what's going on this week?

[philanderer] 16/10/2017 15:41

Buy backs available until thursday , shorters may be testing that resolve today.

edit:

no buy back today then... 2.6 million shares appx still available by thursday if they want to.

[philanderer] 16/10/2017 09:45

16th oct Berenberg 'hold' tp 310p up from 290p

[blueflex2] 13/10/2017 21:41

I would like to see what Berenberg said about the challenges Domino will have in future.

[evg] 13/10/2017 16:18

Lots of profit takers this afternoon Hopefully Monday will see us rise to 3.50+

[robinnicolson] 13/10/2017 09:28

There is quite a lengthy discussion about DOM on the latest Investors Chronicle podcast.

[philanderer] 13/10/2017 00:12

No more buy backs this week since that 320k on monday.

Appx 2.6 million available still available before next thursday if they want to continue.

[robinnicolson] 12/10/2017 08:47

No clear plan at Domino’s, says Liberum

A lack of a plan for next year and low earnings visibility means Liberum has more questions than answers for Domino’s Pizza (DOM).

Analyst Wayne Brown retained his ‘sell’ recommendation and target price of 250p on the stock despite expecting the takeaway pizza chain to meet its full year 2017 guidance. The shares were up 3p at 332.4p yesterday.

‘Earnings visibility is low,’ he said. ‘Management stated that it is too early to take a view on pricing of food for next year and they will come up with a plan through the course of the year that delivers a balance between offering value and a pricing/promotion strategy.

‘Seems rather late in the current year to not have set a plan for full year 2018.’

He said there were ‘more questions than answers’ at Domino’s and ‘we feel a cautious stance remains warranted’.

[pal44] 11/10/2017 20:44

my local Domino is buzzing seems like this company is on the make good stuff,

[tedrux] 11/10/2017 09:44

Yep it's the technology and the brand strength. It works and as long as they keep working in this it will be ok. Like Amazon who use tech to just sell ordinary 'stuff'. Nothing fancy other than the tech!

[philanderer] 11/10/2017 00:06

Domino's dishes up sales surge despite consumer cutbacks with three quarters of orders now made online

Read more:

[philanderer] 10/10/2017 20:26

:-)


It's the technology, stupid: why Domino's slice keeps getting bigger

[robinnicolson] 10/10/2017 19:58

Confession time. I've owned DOM stock for nearly 12 years but have never eaten one of their pizzas!

[andysandy] 10/10/2017 19:39

i just ordered one of there pizzas so now im £20 down

[pal44] 10/10/2017 19:31

Seems that MM may had some big buy orders To fill hence drop in price.

[philanderer] 10/10/2017 17:27

Investec also had a'sell' and tp 242p for DOM on the 1st august.

Haven't seen an update since then.

[blueflex2] 10/10/2017 17:26

@pal44, Liberum Capital recommend restaurant group 400p target although their recent result stated operating profit slump over 29%. No sense to me.

[pal44] 10/10/2017 15:54

why are Liberum so down beat on DOM seems odd that they are the only one who think so ?

[robinnicolson] 10/10/2017 11:29

There is more broker commentary over on FT Alphaville Markets Live.