Domino's Pizza Share Discussion Threads

[indieman] 25/6/2007 14:42

Galles.

Hunch your shoulders and imagine drawing a line oround the silhouette. Small peak (left shoulder), bigger peak (head), smaller peak (r. shoulder). Draw a line connecting the two troughs and extend it timewise. A drop through that 'neckline' is the breakout. That's a H&S top.

A H&S bottom is the same pattern upside down.

[galles] 25/6/2007 11:00

What is a Head & shoulder pattern by the way? Could anyone enlighten me?

[trt] 25/6/2007 10:13

MM's taking advantage and getting hold of stock ahead of the results - then sell them back at a higher price

[indieman] 25/6/2007 06:27

Nicemaple,

Are you asking about the last 2 month's action or the last week?

The two month pattern isn't a H&S; the third peak in the sequence (allowing for the slope) is the same height as the second, rather than smaller.

The 4 day pattern could be a H&S, but the volume pattern belies it. You should expect high volume on formation of the left shoulder as it should be the climax of the rise into the pattern. The volume pattern later is often variable in reality but shouldn't be greater than that for the left shoulder. It IS much greater in this case, so the pattern is unlikely to be a valid H&S.

[aceacer] 24/6/2007 17:03

I am not a technical analysis expert but is that a head and shoulders reversal pattern forming? or is it too short a time period for a valid chart pattern.

BTW, I do hold Dominos and am a little concerned about the recent weakness over the last few days.

Ace

[keran] 22/6/2007 16:04

Finger poised on that buy button !!!

[keran] 22/6/2007 11:42

Yes some lively discussions on this BB.

However I think if the truth be known all of us know full well that DOM's sales are powering ahead of all expectations, and the results in 4wks time will be very well received by the market.

Yes we might receive a greatly enhanced divi and even a special divi time will tell. The forward outlook is also important to the market and as DOM have already mentioned profits will be above market expectations I would expect them to start putting figures on such a statement. Broker upgrades will come as a result of the revised forecasts from DOM at the Interims.

I believe there is certainly more growth to come as new stores continue to be opened and online sales increase.

I remain bullish and believe the market / brokers will as well

[trt] 21/6/2007 18:58

I continue to hold all my shares and have no intention of selling any of them. Nigel Wray continues to hold a huge huge slice of the company and my word he is a very shrewd investor indeed so thats another reason for me to hold and add whenever possible.

I obviously accept folk have differring views after all thats what makes a lively BB.

Having carried out hours and hours of research into DOM including visiting many DOM outlets and speaking with staff etc I know things are going swimmingly, and I just know we are going to be so very very pleased when the results are announced.

regards

[indieman] 21/6/2007 17:15

I bought a sofa today. Is that good enough?

For someone who already holds shares in DOM and doesn't listen to anything anyone says, I'm surprised you are still posting. You see how it works? I post my true beliefs whether I currently own shares in a company or not. This has been the norm in the 8 years I've been posting on ADVFN, despite rampers occasionally suggesting otherwise.

I hope your aspirations for DOM are fulfilled and expect to buy back in later on. You have no reason to see me as an enemy, just someone who finds your attitude to risk (and some facts) unusual. I can't replace capital through wages, so I am naturally risk averse and look always for means of eliminating downside risk. You obviously have very different priorities.

Chacun a son (appropriate) gout.

[trt] 21/6/2007 16:12

Indieman,

If you no longer hold shares in DOM I really can't understand why you are still posting, surely you have better things to do !!

[indieman] 21/6/2007 13:44

TRT,

Techmark was hinting at the fatal flaw in your non DOM-related argument.

Never mind, this is obviously another buying opportunity. I will try not to help reality to intrude too often.

[trt] 21/6/2007 12:59

I accept the market can't know to what level the profits will exceed only make assumptions as I do, but having done the research visiting many DOM stores I know how business is really booming ahead of all managers expectations,especially online sales.

regards

[techmark] 21/6/2007 12:40

trt,

But if you are able to deduce the above and post it almost continually at every opportunity, then do you really think the market hasn't figured that out? That's why the shares are trading on a PEG of more than 3!

Incidentally, US bond yields were on the rise again yesterday.

Regards.

[trt] 21/6/2007 11:36

The facts are correct and the one thing we cannot get away from is that DOM announced only four months into their financial year that full year profits would exceed market expectations. I would now expect due to continued strong sales growth an update in the Interims announcing that full year profits will now substantially exceed market expectations.

[indieman] 20/6/2007 17:04

trt,

" ..a drop in the treasury bond yields is a good sign for equities as it makes them more attractive to investors.If bond yields were rising then it would be more attractive for investors to pull out of equities and invest in fixed income bonds which ( because the yield has risen ) would be a more guaranteed rate of return."

Exactly: Now check the facts.

[techmark] 20/6/2007 15:59

Trt,

What a lot of BS. You really should stop trying to ramp this stock, if the company is doing as well as you say, then it's shares will go up without your help, besides it's illegal to ramp. I see you have been telling people to buy the stock further up in the thread, also illegal, unless you are authorised to give investment advice.

I suggest you think before you speak/post.

Regards.

[trt] 20/6/2007 15:50

Falling since the peak and continuing to do so thats the point, with the market already factoring in another increase in the base rate in the UK and Eurozone !!!

[techmark] 20/6/2007 14:02

LOL a couple of months ago the 10 year US treasury was yielding around 4.5%. Mmmmh what was that about yields falling?

[trt] 20/6/2007 11:08

"how will equities rise while the bond market has been dropping heavily and has reversed a vey long term trend? Equities follow bonds" - NO a drop in the treasury bond yields is a good sign for equities as it makes them more attractive to investors.If bond yields were rising then it would be more attractive for investors to pull out of equities and invest in fixed income bonds which ( because the yield has risen ) would be a more guaranteed rate of return.

The yields are falling so the market sees this as a good sign to invest in equities hence the rises in share prices that we have seen recently. In fact the yield on 10-year Treasury bonds closed last night at less than 5.1% for the first time since 6 June.

[indieman] 20/6/2007 08:33

trt,

Plainly, if I was concerned with the state of the UK stockmarket, it is highly unlikely that I would reinvest in other UK stocks. I don't invest outside the UK. If I am wrong about the UK market, how will equities rise while the bond market has been dropping heavily and has reversed a vey long term trend? Equities follow bonds. I may be wrong, but it's my decision.

I don't do sour grapes, so 'a bit narked' is wrong. I post here as I do with other stocks on my shopping list whether I hold the shares or am just watching them. I don't regard bbs as a place to cheer on the stocks I own but as a place to discuss them. I have been posting, amongst others, on British Land, British Airways, Bellway, ARM, Old Mutual, Anite and Gold in the last couple of weeks and only hold ARM currently. They are rarely directed at individuals and are TA-based.

My recent posts here are mainly a corrective to your repeated mantras. If you don't like them, feel free to ignore me. I'm a grown-up; it won't affect me, what I say or whether/when I reinvest in DOM.

Good luck,

Indie

[trt] 20/6/2007 08:27

For every buyer of a pizza there is a seller and its DOMINO PIZZA !! - thats why they call it an excellent investment.

[techmark] 20/6/2007 08:23

Trt,

"Just look at the number of investors buying today !!!

For every buyer there is a seller and vice versa. That's why it's called a stock exchange.

Regards.

[trt] 20/6/2007 07:54

Soulman08,

Yes £3.50 will come post results stage when the upgrades and press tips come flooding in, but should reach £3.00 - £3.15 come results day.

Even more reason to buy in early as the Daily Mail has already suggested.

regards

[trt] 20/6/2007 07:50

So having sold your holding why bother to keep posting comments - very strange, surely you have now invested elsewhere.

Could it be you are a little narked by the fact you sold and the price continues to go higher and higher !!!

I did say at the time you had read the maket wrong and I clearly explained why, even going as far as to go into detail about the US ten year bond yields and their current position relative to the US indices as a whole - giving a clear indication the US market would continue to outperform and the UK market accordingly.

[indieman] 19/6/2007 22:26

trt,

It's you, not me, who feels the need to repeat a mantra (£1.9bn, broker recs,
exceeding expectations, can't wait for results, picked up a few more etc).

Remember, I sold recently for a 64% profit in 7 months because I was concerned for the state of the general market. Sorry for repeating that.