Domino's Pizza Share Discussion Threads

[indieman] 24/9/2007 06:22

Friday was the first close below the 240p level on the way down and could well be indicative of a further fall to the 218-220p level. Support below that kicks in around 200p.

The 200day EMA is now under threat for the first time in a year and the 50day has turned sharply down for the first time ever. The situation is to some extent dependant on the general market, but it's not looking too promising for DOM at the moment. A retreat to 200p is a distinct possibility.

[hybrasil] 31/8/2007 18:25

They have now spent £4million on the share buy back. They had 9m odd in cash. Does anyone follow that bit in the interims under the cash flow heading?
"As a result of the recent capital reconstuction a subsidiary company has over £150m of reserves available"
I dont know what it means

[indieman] 30/8/2007 15:01

clarky,

I hope you didn't throw them too far.

In my experience (ca. 40 years), charts are more use than fundamentals in panicky markets. That's probably fortunate for Domino as the p/e ratio is nearly 40.

[hybrasil] 30/8/2007 07:54

I did suggest here GBRabout 8 weeks ago (which holds the swiss franchise for Dominos). At that stage they were 35p bid. They are now 55p bid and still very cheap.

[clarky5150] 30/8/2007 07:45

Cant fall out with you on that indieman however i have thrown my charts out of the window due to the erratic trading worldwide these last weeks. I think resistance and supports are far less of an issue in these trying times. Its back to fundamentals for me.

[indieman] 30/8/2007 07:39

The 200day EMA, which is flattening out, is acting as a cap on the price and the 50day EMA as support. Thus resistance is lowering towards the current price and support is dropping away from it.

The volume pattern is strongly suggestive of weakness in that the volume peaks coincide with down days, and low volume with up days. The one attempt to break 260p was a day of relatively low volume.

Unless and until Domino breaks through and remains above 260p, the downtrend will remain in place.

[clarky5150] 30/8/2007 07:10

Morning all. Better start today.

[indieman] 24/8/2007 13:30

Ok. Thanks anyway. I used not to have this problem but that was before I reloaded both the Firewall and the ISP software. I'll poke around the latter.

Thanks again.

[gbb483] 24/8/2007 11:39

Sorry - I let my subscription lapse when the introductory period expired - I now use ZoneAlarm and AVGFree which don't have the facility.

[indieman] 24/8/2007 07:25

gbb,

My recent version is much less intuitive than previous ones and I can't find Parental Controls. Any ideas?

[gbb483] 24/8/2007 07:11

If you use Norton Security you can add the advertising site URL to the parental control list ( advfn dot uk dot intellitxt dot com ).

[indieman] 24/8/2007 05:27

Anyone know how to block the green double underlining thing that infests ADVFN's threads? It is infuriating.

[hybrasil] 23/8/2007 22:52

They have now spent the guts of £3m on share buy backs. These guys have been genius s the whole way up. I just wonder if they have this one right.

[indieman] 23/8/2007 12:33

I thought Domino's was a franchise. That surely renders point 1) and possibly point 2) irrelevant.

I don't see how cancelling shares would make them more of a takeover target, but then I'm not much on that sort of detail.

[gbb483] 23/8/2007 09:52

1) Aren't interested in establishing new outlets in new fields. 2) Aren't interested in taking over any other similar company. 3) Are interested in tidying up the books to make themselves more attractive to takeover.

????

[offtheradar] 22/8/2007 21:16

propping the price up?

[mikeprior] 22/8/2007 17:15

With today's share buy back, that's 1m shares that DOM have purchased and cancelled during August.

Any opinions on their motives ?

[indieman] 21/8/2007 16:48

The obvious downside target is 220p where there is considerable support.

The price is being squeezed between the 50 day EMA which is declining but higher than the current price and the 200day EMA which is below the current price but, from a rising trend, is now almost flat.

A great deal depends on how quickly and in what manner the current volatility is resolved. That is still a toss-up.

[trt] 21/8/2007 11:07

Could we about to see the £2.30ish level once again if we drop below £2.40 with the current stock market conditions as they are !!

[indieman] 16/8/2007 14:52

It looks like whoever supplies the data to ADVFN has now corrected the erroneous chart for DOM.

[sam66] 16/8/2007 14:07

Cambium could you put a advfn 6 month graph in the header please.
Thank you Sam

[vassily] 11/8/2007 14:10

Of course their pizzas are over priced! Cheese on toast has never been more expensive. But, there in is the attraction of DOM. The profit margins are good. The main downsides are, however, the competition, and of course that a lot of people know about the good profit margins, hence the inflated share price.

[offtheradar] 11/8/2007 10:50

'the pizzas are the best around and are priced accordingly'....not according to the people I work with who say they are overpriced and not that nice! Plenty of competition out there for delivery pizza....

[pame100] 11/8/2007 09:01

I beleive that the coninuing saga of the sacked Hungarian workers will affect sales to some degree. the pizzas are the best around and are priced accordingly but i do not want to think about people working for virtually nothing in poor conditions when i am spending over £30 for a family treat.
The Hungarians will not be quiet and i applaud them for that, i feel like getting a placard myself to protest about their treatment.

[stevepaulcarr] 10/8/2007 15:11

When short term fluctuations and volatile market conditions/corrections start making sense, perhaps I will sell all my share holdings and take up day trading! ;-)

steve'as-confused-as-everybody-else'carr...