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DOM Domino's Pizza Group Plc

324.00
4.20 (1.31%)
12 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Domino's Pizza Group Plc LSE:DOM London Ordinary Share GB00BYN59130 ORD 25/48P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.20 1.31% 324.00 323.00 323.40 323.80 318.00 318.00 440,506 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Food Preparations, Nec 679.8M 115M 0.2913 11.09 1.26B
Domino's Pizza Group Plc is listed in the Food Preparations sector of the London Stock Exchange with ticker DOM. The last closing price for Domino's Pizza was 319.80p. Over the last year, Domino's Pizza shares have traded in a share price range of 282.40p to 427.80p.

Domino's Pizza currently has 394,742,427 shares in issue. The market capitalisation of Domino's Pizza is £1.26 billion. Domino's Pizza has a price to earnings ratio (PE ratio) of 11.09.

Domino's Pizza Share Discussion Threads

Showing 4701 to 4725 of 5000 messages
Chat Pages: 200  199  198  197  196  195  194  193  192  191  190  189  Older
DateSubjectAuthorDiscuss
10/12/2019
07:21
Sorry old news.
Keep up Suet

suetballs
10/12/2019
07:19
Chairman gone!
Suet

suetballs
21/11/2019
18:42
Berenberg upgrade from 200p to 225p (still a sell) may have caused the price volatility this morning. They think the share price has responded too positively to the news regarding the sell off of the international operations - they think it’ll be a rocky path.

I opened a modest short just before the close. My personal view is that the new NEDs investment record is difficult to fathom and perhaps not that great - happy to hear others constructive opinions. Regardless, the share price takes for granted more good news than bad in my opinion. An EV of £1.65bn and a lot of disgruntled franchisees that contribute to that wonderful ROC is what I see.

Best of luck whether you’re long or short.

frazboy
19/11/2019
15:18
Half yearly report suggests underlying profits of just over a million for DPUKs one third share of the German subsidiary. Admittedly that’s not EBIDTA, but I don’t think, despite there being over 300 stores, it’s a cash generating cow - and thus perhaps not a hidden gem? Could be wrong.
frazboy
19/11/2019
08:40
I have never understood why DP UK decided it was a good idea to go into Scandinavia and Iceland when they had needed to get DPE to effectively take over the running of the German start up.

If UK don't trigger the put option before, I would be very surprised if DPE don't use their call option in Jan 2022 to take all the future upside in Germany.

aa29
19/11/2019
07:58
Thanks AA - difficult to put a value on that.
frazboy
18/11/2019
16:31
Might be this: DPUK has a put option to sell its 33% in Dominos Germany from 1 January 2020, Dominos Pizza Enterprises has a call option to buy the 33% from 1 January 2022.

Consideration based on between 10 and 12 times adjusted EBITDA for the German joint venture. Not sure on a likely value.

aa29
18/11/2019
08:40
Interesting director RNSs. My interpretation is that the new NED is adding via his hedge fund and he’s having to declare all purchases even though he hasn’t passed any new thresholds. Looks like he’s bought thus far up to 280p. I guess the bit that really intrigues me is what an activist wants the board to do - they’re selling off the international businesses, but what other quick gains are there? None that I’m aware of!
frazboy
12/11/2019
14:15
The market seems to be applauding today's appointment of a NED with 'skin in the game':

"...Usman is the Founder, Managing Partner and Chief Investment Officer of Browning West LP ("Browning West"), a Los Angeles-based investment partnership and 6.5% shareholder of the Company"

From The Telegraph last month:

"Browning West was founded by Usman Nabi, an activist who masterminded a boardroom coup at one of the world's biggest mattress companies..."

robinnicolson
25/10/2019
00:25
Market report:

......Domino's Pizza, on the other hand, rose 1.7 per cent, or 4.9p, to 289.5p after it attracted its own American activist.

California-based hedge fund Browning West has taken a 5.33 per cent slice of Domino's, worth £70million.

philanderer
24/10/2019
09:23
Thanks for your contribution fraz
gswredland
23/10/2019
22:45
GSW - not sure, I was looking for a share price starting with a 3 before I opened a short. The strength of the buying yesterday caught me by surprise - I did notice that a couple of the more recent holding RNSs were American institutions increasing their stake so I figured they might chase it up higher. I also noticed that WorldQuant were reducing (slightly) their short which could have added to the buying pressure.

Anyways, if the share price starts with a 3, given the debt level, and the ongoing franchisee dispute (not that it knocked new openings that much in Q1 and Q3) then I'll be looking to go short. For what it's worth I don't see the dispute with the franchisees going away as they (Dominos) want to open more stores - 1600 being the UK capacity - but none of these stores are in new areas, so they continue to canabalise sales from existing franchisees. I would guess that a 40% rise in the number of stores would only lead to a 20% rise in revenue. Not that the franchiser cares, they're just interested in gross sales and restaurant numbers, as that's how they make their money. Thus I don't see the franchisee dispute going away anytime soon - too much tension unless Dominos want to sacrifice margin?

frazboy
22/10/2019
17:14
Yes but what height is that fraz. Went short a bit too early yesterday
gswredland
22/10/2019
14:29
Mr Market is being ever so kind. But he might yet be kinder still - the American Domino's Pizza sells for 28x earnings (I think). Now, rough back of the envelope calculations suggest an underlying EPS this year of around 17p (excluding the international business) for the UK business. The question is, given the maturity of the business in the UK/ROI what multiple is the market prepared to give it? 20? Seems fanciful to me - I'll be going short if it gets to such dizzy heights.
frazboy
22/10/2019
11:38
That's Canaccord's target hit ;-)
philanderer
18/10/2019
10:20
Canaccord 'buy' tp 285p
philanderer
17/10/2019
17:31
Peel Hunt upgrades to 'buy' tp 325p up from 300p
philanderer
17/10/2019
11:10
Agreed. Kind of. I think the CEO was calling the shots and he's leaving anyway. I'm quite amused that they had $8m of Capex (in H2 I think) committed to international prior to this update, and then, after getting a few consultants in, they've suddenly decided they would be better off in the hands of a new owner. What will be interesting is, the price. Asset or liability? Asset, I assume. But they'll continue to haemorrhage earnings until they release them.
frazboy
17/10/2019
10:51
So they've decided to exit their international efforts. The entire Domino's board should be fired immediately for their incompetence and failure.

Not a holder.

smurfy2001
17/10/2019
09:30
Well received :-)
philanderer
17/10/2019
08:54
Share price increase approximately equal, in percentage terms, to the increase in EPS due to the binning of the international business. It’ll be interesting to see where it goes from here
frazboy
17/10/2019
08:10
Market loves it!
frazboy
17/10/2019
07:48
UK steady as you go, ROI previously strong, not so this time... UK LFL 1.4% excluding splits - so it’s a pretty mature business in the UK, with each new restaurant eating into the old once food price inflation is accounted for (3%). So, what do you want to pay for that business 14 to 16 times earnings? Looks expensive to me. I’ll bet on a down day
frazboy
17/10/2019
07:34
Could go either way Gabster. I would lean towards positive. The institutions say they look forward and clearing the decks should be popular. At the end of the day the UK and Ireland business is pretty solid and dominant in the market. Downsides, need to find CEO and Chair, continuing dispute with franchisee, and of course the size of hit on International is as yet unknown.
grahamg8
17/10/2019
07:11
Q3 Trading Update:

Group system sales up 3.4%

Solid UK & ROI performance; system sales growth 3.9%

UK system sales up 3.9%; LFL sales excluding splits up 3.0% (1.4% including splits)

ROI system sales up 2.4% in local currency; LFL sales excluding splits down 0.7% (down 1.7% including splits; both local currency)

12 stores opened in UK & ROI in Q3 (UK: 9; ROI: 3)

UK online sales up 7.2% and ROI online sales up 9.9%. Online now accounts for 90.9% of delivery sales

International: Review of International markets concluded; the Board has decided to exit the markets in an orderly manner

Huge impairment coming up on international, this will boost EPS but plunge the balance sheet into negative book value.. let's see how the market reacts.

gabsterx
Chat Pages: 200  199  198  197  196  195  194  193  192  191  190  189  Older

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