Domino's Pizza Share Discussion Threads

[philanderer] 12/4/2013 14:04

Nice dividend into the account today :-)

[philanderer] 11/4/2013 12:55

627.5 - 628 :-)

but still not 100k traded

[skinny] 11/4/2013 12:15

Recent all time high @627.50 looks within reach today.

[philanderer] 11/4/2013 12:09

Chartwise it`s a breakout but very low volume ... just 78k traded so far today

[philanderer] 08/4/2013 16:49

Good two way pull... 1m+ traded

[philanderer] 06/4/2013 08:37

Independent newspaper yesterday..

James Moore: Keep your appetite for both Domino's and Cranswick

Investment View: The winds are in its favour and there is reason to believe it can still add some crackling to a portfolio

Pizza company Domino's also updated yesterday, and there was a lot to like about its trading statement.

Despite the snow, its UK sales grew by 6.6 per cent at mature stores (excluding new openings), although the comparable period this time last year was weak because the weather was unseasonably warm however hard that seems to believe during the current chill.

Ireland was resilient and growth continues apace in Germany with work being done to pep things up in Switzerland. Domino's pizzas are not always the cheapest (although price promotions boosted the figures this year) and they might not always be the best. But the company is consistent, reliable, and convenient – with a huge proportion of sales now handled over the internet.

A black mark against the operation, however, is its low grade from Pirc when it comes to what the corporate governance consultancy sees as an overly generous bonus scheme. It is sharply critical of recent changes to the company's "long-term incentive scheme".

As a general point, when one considers executive bonuses, these share-based schemes are often overlooked, not least because many companies make them deliberately difficult to put a value on to obscure how much they are actually worth. That needs to change.

The shares rose 6 per cent to 607p yesterday, and at nearly 24 times this year's forecast earnings, falling to 20 times next year, with a forecast yield of 2.7 per cent (rising to 3.2 per cent) they are by no means cheap. But if this is how the company trades during a tough economy, just think about how it can do during a good one. Should we lay off the management then? No, because they ought to set an example, and Domino's owes a debt to its staff too.

But keep holding the shares, and vote against the remuneration report at next year's annual meeting.

[philanderer] 05/4/2013 16:43

Details from today`s HB Markets upgrade:

Our view:

Domino's Pizza reported a strong set of quarterly numbers with system sales growing 12.3%. LFL sales across UK stores were resilient, improving 6.6%, even as heavy snow impacted trade and forced store closures. The Ireland market too saw a recovery after several quarters of sluggish LFL growth. The economic downturn has benefited Domino's as its vast range of promotion led offers have gone down well with cash-strapped customers opting for cheaper alternatives to eating out.

New store openings and strong online growth have also boosted sales. The company is witnessing good progress in the newly entered German market with healthy trading in current stores, and new stores opening at a good pace. Considering the growing success of its new product launches, the industry leading digital and online platform, and a strong pipeline of new sites, we see immense potential for Domino's Pizza going forward.

We upgrade the stock to a Buy rating.

[philanderer] 05/4/2013 09:21

Peel Hunt upgrades Domino's Pizza to 'buy'

The terrible weather has encouraged lots of hungry Brits to pick the phone in search of such delights as Hot Dog Stuffed Crusts, leading to bumper sales for Domino's Pizza (DOM.L).

Like-for-like sales over the first quarter rose a healthy 6.6% year-on-year, boosted by new products (such as meaty crusts), price promotions and rapidly rising sales over the internet.

Peel Hunt analyst Nick Batram has taken the opportunity to upgrade the shares from 'hold' to 'buy', saying these good results after a weak stretch for the shares leave an opening for investors.

'The encouraging start to the year and the recent share price weakness enable us to upgrade to a Buy,' he said. 'Comparatives do become more challenging from Q2 and cost inflationary pressures are growing. However, upgrades are possible as we move through the year.'

[philanderer] 05/4/2013 08:26

HB Markets upgrade from 'hold' to 'buy'

[philanderer] 04/4/2013 19:43

1 million+ traded today.......

FTSE 250 - Risers

Domino's Pizza Group (DOM) 607.00p +6.30%
Tullett Prebon (TLPR) 265.80p +3.91%
Kazakhmys (KAZ) 363.40p +3.62%
Essar En ergy (ESSR) 141.60p +2.68%
Rank Group (RNK) 162.00p +2.21%
Bank of Georgia Holdings (BGEO) 1,620.00p +1.89%
LondonMetric Property (LMP) 109.10p +1.87%
Rightmove (RMV) 1,806.00p +1.57%
Petropavlovsk (POG) 197.00p +1.23%
Perform Group (PER) 475.30p +1.13%

[philanderer] 04/4/2013 16:23

Analysts applauded the group's focus on digital promotions. Wayne Brown, analyst at Canaccord, said: "We do not feel these price-led promotions are in any way deeper than in 2012, but rather the manner in which they have been advertised, favouring digital platforms over traditional media, have driven much higher returns." Revenues from the online business rose 38.4 per cent to £82.4m.

[philanderer] 04/4/2013 13:01

"..Online orders were also up 38.4pc to £82.4m, accounting for 62pc of overall UK sales"

that`s impressive .

[nofool] 04/4/2013 11:34

phil - understand lol.

No view formed as yet on WMH, but will study the form there..thanks

[philanderer] 04/4/2013 11:32

Canaccord retains 'hold' .... increases tp from 500p to 570p

------------------------


"Domino's Pizza sees strong sales growth"

[nofool] 04/4/2013 09:38

Since Panmure is obviously rubbish, why do you even quote them here?!

[philanderer] 04/4/2013 09:20

Morning Hutton.

Panmure have been banging on with that 'sell' for over three years :-)


robin, quick flip by Numis :-)

one more..

4th april N+1 Singer ' hold ' tp 611p

reiterates

[robinnicolson] 04/4/2013 09:06

So Numis have had second thoughts about yesterday's downgrade and have reverted back to a "buy" recommendation...

[huttonr] 04/4/2013 08:42

Just to be fair, the Panmure Gordon note talks about Q2 not the last quarter, so they may be right. However, the Q1 results are very encouraging - see note below:

The next few months could be a very challenging period for pizza delivery firm Domino's (LON:DOM), according to Panmure's number crunchers. They reiterated their 'sell' stance on the stock ahead of Thursday's trading update, with not much to look forward to in the second quarter.

Last year the company was boosted not only by the dismal April showers that drenched the land, but also by events such as the Queen's Diamond Jubilee and Euro 2012 that saw Britons buy food to eat at home. This year there has been very little rain – despite the cold – and no big events on the calendar to boost sales.

[philanderer] 04/4/2013 08:40

Fine news from Germany !

Liberum retain 'hold' and 414p and even Panmure while keeping their usual 'sell' have grudgingly raised their target from 360p to 380p :-)

[philanderer] 04/4/2013 08:08

Well that`s a relief , only checked the share price so far, going to read the IMS now