Domino's Pizza Share Discussion Threads

[vassily] 09/3/2007 14:54

Buy when it falls even lower; the same goes for BYG.

[kvkwn] 09/3/2007 14:35

Buy when DOM price falls below 650p.

[theeagle2] 05/3/2007 16:18

5 March 2007

For immediate release


DOMINO'S PIZZA UK & IRL plc


On 5 March 2007, Morgan Stanley Securities Limited notified the Company that, as
of 2 March 2007, it is interested in 1,554,446 ordinary shares representing
3.01% of the voting rights of the Company.


ENDS


Enquiries:


LEE GINSBERG, Company Secretary
Domino's Pizza UK & IRL plc 01908 580611

[trt] 01/3/2007 19:00

The PEG for 2007 will be 1.60 with a P/E of 28. The PEG for 2008 will be 1.70 with a P/E of 24.

Of course I am sure DOM will beat these current broker forecasts as they have every year so the P/E will be lower still.

Grab the shares while you still can at this price as Shares Mag pointed out today they will fly upwards as the year goes by, due to the increased profits and share split etc etc

[trt] 01/3/2007 14:41

Well I don't know where you live but the service is fab where I am.
They have even got the "time out the door " figure down to under 20mins and if you order online they give you local offers that are not advertised nationally.

At the end of the day investors just have to look at the continuing strong growth in like for like sales, online platform growth storming ahead, progressive dividend policy, target of 1000 stores to maximise the potential of that future takeaway market worth £1.9bn etc etc

Plus the share split in several weeks time will increase liquidity and make the shares even more appealing to investors
.

[the daddy] 01/3/2007 12:38

the service on the ground level can be dreadful though!!! i have been testing it out - the products good, the business model great, - but the service isnt always there! - it doesnt take many fickle customers to see a turning away.

[stevepaulcarr] 01/3/2007 12:29

That still (I think) only gives a future EPS growth of 13%, which leaves DOM with a PEG of about 2 given a future P/E of about 28. This does certainly indicate that DOM may be a tad on the expensive side if nothing else changes for future forecasts.

Not exactly a bargain, but perhaps a case of paying for what you get - a quality company. That's if you want to take on the higher level of risk associated with being willing to pay a higher price for a company.

I don't however feel DOM is trading at dangerously high levels - yet!

S.

[trt] 01/3/2007 11:35

The forecasts have been upgraded hence the brokers raising their target prices from £7.75 to £8.85
2007 2008
Date 2007 -2008 Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

KBC Peel Hunt Ltd
28-02-07 BUY 16.43 24.11 12.06 18.32 27.86 13.93

Panmure Gordon
28-02-07 BUY 16.18 23.41 11.76 18.82 27.23 13.52

Altium Securities
21-02-07 BUY 16.50 23.70 11.90 18.90 27.20 13.60

Numis Securities Ltd
20-02-07 BUY 16.40 23.80 11.90 19.00 27.50 13.80

[stevepaulcarr] 01/3/2007 10:48

Funny, I tend to agree partly with both sides here! Yes the price is rather high now and the shares do appear to be somewhat expensive (personally, I wouldn't buy more shares in DOM but I am going to hold - I've had my DOM shares since the end of 2001). Nothing has worried me in the fundamentals that suggest me selling my holding, although I have skimmed a bit off the top recently and invested in other companies that I feel have a better chance of being better value. At the end of the day, my investing method is based on finding the best place for my money, and I believe DOM may not now be the very best place for my dosh at the moment (but I'm certainly not going to abandon them - they're too good a company).

Having said that, the price could simply appear too high and as soon as the forecasts are upgraded (which they could easily be) then DOM won't appear quite so expensive. This is the main reason for me holding.

Regards,

S.

[trt] 01/3/2007 10:20

Yes up she goes and before you know it we will be back at the £7 level

[techmark] 01/3/2007 10:08

And when the herd rushes in....

[trt] 01/3/2007 09:44

Shares Mag today page 59 comments on DOM results.States all the facts and figures we already know but also says DOM shares should fly this year with brokers predicting targets of between £7.85 - £8.80.

Finishes article with a BUY recommendation

[trt] 01/3/2007 08:12

Ever since the shares were 30p the rating has been high due to the expectant future growth and my word how the company has delivered year after year.
The store growth of approx 50 every year and the dramatic increase in online orders ( up 14.3% in the first two months of this year alone ) where a customer typically spends 25% just keep the profits rolling in. This company is hugely cash generative and keeps returning cash to shareholders through buybacks or increased divi ( this year we have seen the divi rise 35% - excellent ).
The pizza market alone by 2009 will be worth £1.9bn and remember Domino's is at least twice the size of its nearest rival and delivers one in three of every takeaway pizza in the UK.

I could go on and on !!!

[techmark] 28/2/2007 17:38

Think what you like. The facts are the rating is high for the growth going forward. I owned these shares for several years and have done very nicely out of it. It's good company and a good business. However, does that mean you should pay any price for the growth going forward?

[trt] 28/2/2007 16:19

Nice deramp techmark - nice attempt to try and enter at the best possible price you can get!!!
I think you need to read the results and broker forecasts and upgrades.

[techmark] 28/2/2007 15:28

Why would you pay such a high price for growth though? If anything the recent market activity has only highlighted this factor even more. Paying a forecast 07 PEG of more than 2 and a 08 PEG 1.7 is silly. The shares have gotten well ahead of themselves in my opinion. 500p strikes me as a fair price.

[trt] 28/2/2007 09:11

I agree, the markets as a whole are in a correction within a bull run and the time to buy and in turn maximise profits is to buy on the dips / weakness.

[keran] 28/2/2007 09:02

Another good morning to take advantage of the dips and top up our holdings !

[keran] 27/2/2007 10:20

I topped up this morning took advantage of the slight dip.
What excellent results they were and 35% increase in the dividend - very nice indeed !!!!

[trt] 27/2/2007 07:58

Citywire comments :

Domino's Pizza served up another tasty dish for investors and is to carve its shares into smaller slices to make them more palatable.

Analysts licked their lips and raised their target price for the shares which are to be split into three to improve marketability and liquidity.

The company was reporting full-year pre tax profits of £14.3 million for 2006, an increase of 28%, on sales nearly 20% ahead at £240 million. Dividends are raised 35% to 9.8p.

Altium Securities lifted its target price from 760p to 880p, Numis is looking for 855p, while Charles Stanley is forecasting 785p.

Deputy chief executive Chris Moore told Citywire that the company had got off to a flying start to 2007 with sales up more than 14%.Sales have been given a boost by targeted marketing campaigns and television programmes such as Big Brother.

'When you get a mushrooming television audience for a show like that it can have a marked impact on demand for our products,' he said.

The company's best selling pizza at the moment is the Meateor – barbecue sauce, pepperoni, and smoky bacon.

The firm is now trading from 451 stores after opening a further 46 last year, four fewer than planned. The target this year is once again 50 stores.

Domino's now claims to deliver pizzas within 25 minutes of the order being placed. 'Reducing delivery times is very good for encouraging repeat business,' Moore said. Almost 13% of orders are now made over the internet.
The company, which owns the exclusive licence to own and franchise Domino's Pizza stores in the UK and Ireland, estimates that the market for food delivered to the home will increase by 7% a year over the next five years. Domino's estimates it handles one in three of home-delivered pizzas.

[trt] 26/2/2007 13:34

Another milestone breaking through £7 and still pushing higher.

Those broker ( Numis and Altrium )targets of £8.55 and £8.80 don't seem that far off now do they !!!

[trt] 26/2/2007 10:41

Yes, it should be approved at the AGM and this will result in even more retail investors jumping on board.

Good strength in the share price this morning could see it go over £7.00 by the close.

EDIT - well over £7.00 by the close !!!!

[cambium] 26/2/2007 10:18

share split on the way too :o)

[trt] 26/2/2007 10:13

Nice rise this morning - the superb results must be sinking in with investors.
Soon be over £7.00 !!!!