Domino's Pizza Share Discussion Threads

[philanderer] 31/7/2017 08:47

31st july Peel Hunt buy tp 400p

reiterates

[philanderer] 28/7/2017 10:08

And testing that low again.

All mine down this morning though except SSPG :-S

[philanderer] 26/7/2017 16:40

Just -10p on the week now ;-)

UT: 1 million @ 270.4p

[philanderer] 26/7/2017 11:59

26th july Barclays 'equal weight' tp 280p cut from 290p

[philanderer] 26/7/2017 08:49

Domino’s still hungry for growth


Peel Hunt has taken heart from the expansion of Domino’s Pizza (DOM), despite fears from some investors growth could slow.

Shares in the group fell 7.5% to 258.4p yesterday despite a 10.5% jump in half-year sales, amid worries over a squeeze in household spending and a raft of new store openings cannibalising its offering.

But analyst Douglas Jack, who rates the shares a ‘buy’ with a 400p target price, is staying optimistic.

‘Contrasting some commentators’ negative views, franchisees are accelerating, not slowing, their expansion plans, reflecting their superior understanding of the competitive backdrop and the company’s incentives to drive like-for-like sales,’ he said.

‘It is investing to drive customer order volume as well as operational and distribution efficiency for both itself and its franchisees. This should pay dividends over the medium term, on which basis we would buy the shares.’

[philanderer] 26/7/2017 08:45

Takeaway talk follows Domino’s Pizza results

Domino’s Pizza Group was being tipped as a possible bid target last night after a disappointing set of first-half results caused a fresh slump in its already battered share price.

Analysts said that yesterday’s 15½p fall to a two-year low of 263¾p, down a third since March, could attract the acquisitive attentions of Domino’s Pizza Enterprises, its Australian counterpart and its partner in Germany.

Douglas Jack, at Peel Hunt, the broker, pointed out that both the American and Australian Domino’s were trading on multiples roughly double that of their British counterpart.

[philanderer] 25/7/2017 17:16

10.5 million traded for the day.

UT : 1.8 million @ 263.7p

[cashstrapped] 25/7/2017 14:25

Looking at the big picture re takeaway food it looks like quality is generally getting better and dom are getting left behind. There are so many excellent £10 pizza places near me now that Dom wouldn't get a thought. They seem very expensive to me. I sold out this morning so the share price will no doubt recover from here and good luck to all holders but the brokers targets seem a long way off now.

[philanderer] 25/7/2017 14:22

'Pizza lovers can now ask Alexa to feed them after Domino's seals deal with Amazon's voice technology'


....“We expect the stock to further de-rate in the face of increased competition, not least from the wider rollout of Nando's delivery, with Nando's customers overlapping significantly with Domino's,” Cenkos analyst Simon French said.

[philanderer] 25/7/2017 14:16

Big volume , 6 million printed so far today and that 260p a definite ceiling at the moment.

[hybrasil] 25/7/2017 14:01

See post 2766

Now down 7%

[philbrown29] 25/7/2017 13:58

Closed out this morning! Fun ride, but latest results filled with standard cover up jargon of a company reaching maturity in an increasingly competitive marketplace. More and more promotional dependency alongside rising costs and a depreciating edge on tech/service. Good luck folks, I hope i'm wrong!

[philanderer] 25/7/2017 13:41

25th july Canaccord buy tp 400p

retains

[philanderer] 25/7/2017 10:45

City AM

Domino's Pizza Group reported growth in the first half of the year, but spooked investors with sales growth slower than the rate of expansion.

Sales for the whole group were up 10.5 per cent to £546.5m, although this included the addition of the Nordics area, which added £14.9m in sales.

Pre-tax profits also grew by 9.1 per cent to £44.6m

Analysts at Librerum pointed out that 3.5 per cent growth in the number of orders the lagged behind the 6.5 per cent rate of store expansion.

A stalwart of food delivery, Domino's faces competition from the likes of Deliveroo and Uber Eats.

The company has countered this by pushing its technology offer, seeing an average of 73 people using its app every minute, rising to 916 during peak hours. Today also marks the launch of Domino's ordering via the Amazon Echo. Two thirds of orders were placed online.

But analysts were concerned today by the rate of expansion. Domino's plans to open 90 stores in the UK this year, having added 40 so far. Yet order count growth has been comparatively slower.

However, today's announcement also promised a £4m investment in improving value and a new advertising campaign, which is thought to be aimed at addressing the disparity.

[philanderer] 25/7/2017 09:56

House broker Numis retains 'buy' .. cuts target from 510p to 450p

[trader_lewis] 25/7/2017 09:30

You only have to look at the recent performance of Just Eat to recognise the clear demand increases in online takeaway services. Granted to competition is increasing, but this is positive for the sector and with DP's brand strength I don't see why they can't retain their current market share. DP is now more than half the price of Just Eat... Seems crazy. Gone of the days where relatively positive results pushes share prices up! I'm in a 286p and agree that 250p could act as a bottom here...

[ddubzy] 25/7/2017 09:25

I agree Phil. Just banked my short cover & added to my long. Heavily in the red, but happy to hold for divi & recovery....GLAH

[philanderer] 25/7/2017 09:19

There's a definite slowdown in the underlying growth rate. But even if an unchanged final dividend of 4.5p is paid along with today's 3.75p this is now yielding almost 3.2%.

That suits my needs for this one in my portfolio.

[blowitall] 25/7/2017 09:06

new here. Given the long term history of DOM and the dividend and buy backs etc plus the new store openings and longer term goals I don't quite buy the extent of the current gloom. Of course competition grows but I would have thought that somewhere around the 250p would be a good buy opportunity. What do you think folks.

[philanderer] 25/7/2017 08:46

Amazon Echo voice ordering can't cover up the difficult trading environment.

I've added a few @ 259.7p

Conference call at 9am


First in..

25th july Peel Hunt buy tp 400p

retains

[gswredland] 25/7/2017 08:34

Not looking good

[philanderer] 25/7/2017 08:05

Don't think so

[hybrasil] 25/7/2017 08:01

I'm wrong --- so far


Edited at 8.05 Now down 3.5%

[suetballs] 25/7/2017 07:33

Well let's see who's right.
Suet