Domino's Pizza Share Discussion Threads

[philanderer] 03/6/2010 08:32

Could be breakout here ?

[philanderer] 02/6/2010 15:18

Albeit on low volume we`re trying to break that 360p again by the looks of it.

[philanderer] 01/6/2010 15:36

It`ll keep us on our toes SAS :-)

[slowandsteady] 01/6/2010 11:43

Some extra competition?


Goodfella's pizza relaunch to boost Northern Foods

[philanderer] 01/6/2010 11:37

"Glasgow - 30 jobs at new city pizza outlet"

[philanderer] 28/5/2010 17:24

Excellent point c2i.....seems people may be learning as the shareprice didn`t react anything like it did when Panmure initiated with that rating about a month ago.

Good long weekend everyone.

[contrarian2investor] 28/5/2010 13:47

philanderer,

Clearly they have a large client/institution that desire a holding of DOM at a cheaper price. For example I sold out of XPP last September having bought at an average price of £1.48p. Thinking I would be able to buy back cheaper later in the year. It has never returned to £3.15p and this week hit £6.00p.

The lesson learnt is always keep your quality stocks and sell your speculative stocks instead. Therein Panmure will keep their bearish stance but may never obtain the lower price their client desires.
c2i

[philanderer] 28/5/2010 13:29

Afternoon c2i....... I see those rascals at Panmure have reiterated their 'sell' for DOM this morning (300p TP remaining). They seem to be in a minority.

[contrarian2investor] 28/5/2010 10:38

Welcome back philanderer, yes the sun has been shining on DOM in your absence.
Long may it continue.

c2i

[slowandsteady] 28/5/2010 09:46

philanderer,

I love Italy, we did some walking in the Chinquaterra a few years back and loved every minute.

S

[philanderer] 28/5/2010 09:38

Very good thanks SAS. ..poor weather for the first couple of days then the sun came out and remained. Highly recommend that Amalfi coast :-)

[slowandsteady] 28/5/2010 09:14

Welcome back philanderer, did you have a good holiday?

S

[philanderer] 28/5/2010 09:05

Morning all.

Splendid DOM performance against the poor market over the last fortnight and many thanks robin for those broker upgrades.

"Dominos 'Foursquare promotion' by Vexed"

[contrarian2investor] 27/5/2010 22:13

robinnicolson,

Keep them coming.

Numis have always been very bullish on DOM. They are not one of the analyst whose general track record stands up to scrutiny. Then again which do?

c2i

[robinnicolson] 27/5/2010 22:03

Numis reiterates buy recommendation (old price target of 605p... highest I've seen).

[robinnicolson] 27/5/2010 08:44

Questor says 'Buy'

[contrarian2investor] 26/5/2010 19:18

robinnicolson,

Great find. That could be the start of further upgrades.

c2i

[contrarian2investor] 26/5/2010 16:16

Royfox,

Well done, it is always nice to buy a stock and to be in profit before the intra-day close. Having held since its IPO I hope that this will be a very profitable investment for you and all new investors.

-------------------------------
SAS,

Yes they sure do and we could get more of an uplift tomorrow. Following then by press and investment articles going into the weekend. Next week could be another strong week.

c2i

[slowandsteady] 26/5/2010 14:42

It looks like the market likes the latest news.

S

[contrarian2investor] 26/5/2010 12:25

Hi Royfox,

Welcome onboard. Yes DOM could/should have a very good summer in light of the World Cup. I am hoping that we will see >£4 post the conclusion of the tournament.

c2i

[royfox] 26/5/2010 08:27

In at £3.46 - makes good sense C2I, everyone needs Pizza for the Footy.
Nice results from SBT today - two good world cup plays for sure

[contrarian2investor] 25/5/2010 21:06

Hi all,

Well hopefully we have found immediate support @ £3.40p. With regards to the US rescue mission on the DOW, we could easily see DOM appreciating tomorrow.

c2i

[trendfloor] 24/5/2010 08:47

Broker backing coming up to the World Cup will help this one I reckon.....

09.04.10: IC says Buy (346.8p) BULL POINTS Resilient in tight consumer conditions - Impressive sales growth - Robust expansion - Effective promotions and sponsorship deals BEAR POINTS Shares expensively rated for the sector - Dividend yield nothing special.

12-04-10 12.04.10 :+2, (352) Altium lifts Domino's Pizza target price to 490p from 415p and maintains a buy rating, following "yet another excellent trading update." Altium says Domino's remains the most attractive business model within its universe, and further forecast upgrades are very likely regardless of teh macroeconomic backdrop.

18-02-10 18.02.10 :+14, (352.9) Goldman Sachs lifts Domino's Pizza target price to 410p from 395p, "reflecting the roll-forward of the valuation, and a modest decrease in our overall capex estimates in 2010 and 2011." The brokerage also cites Domino's very strong FY results, saying they represent the continuation of a long-term track record of robust operational performance. Keeps at buy.

[trendfloor] 24/5/2010 08:40

World Cup Winner I reckon.......

The BUY broker following for this stock is very bullish. I reckon geography expansion will lead to greater growth....

Domino's Pizza UK & IRL PLC

FORECASTS 2010 2011
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Brewin Dolphin Investment Banking
14-05-10 BUY 33.70 15.43 9.16 38.57 17.97 11.34
KBC Peel Hunt Ltd
12-05-10 BUY 33.29 14.96 9.07 37.13 16.68 10.42
W H Ireland Ltd
07-05-10 OUTP 33.50 15.40 9.50 37.80 17.40 11.40
Eden Group
06-05-10 BUY
Charles Stanley Securities
06-05-10 BUY 33.70 15.29 8.10 37.30 16.90 9.20
Seymour Pierce
03-05-10 BUY 34.60 15.60 8.10 38.60 17.40 8.80
Numis Securities Ltd
15-04-10 BUY 33.50 15.10 9.30 37.00 16.50 10.70
Altium Securities
12-04-10 BUY 33.50 15.00 9.10 36.90 16.60 10.40
Execution Noble
06-04-10 BUY 34.10 15.60 9.00 37.50 17.10 9.90
Investec Securities
26-03-10 BUY 32.35 14.91 8.28 35.65 16.78 9.32
Fyshe Horton Finney Ltd
13-11-09 BUY 30.70 14.10 8.36

2010 2011
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 33.59 15.24 9.16 37.35 17.05 10.43
1 Month Change -0.00 0.04 0.00 0.01 0.00 0.01
3 Month Change 0.09 0.14 -0.04 0.40 0.30 -0.12

Notes to forecasts
KBC Peel Hunt & Altium's turnover figures is system sales instead of statutory sale


GROWTH
2009 (A) 2010 (E) 2011 (E)

Norm. EPS 15.88% 19.58% 11.88%
DPS 28.85% 36.72% 13.86%

INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)

EBITDA £30.14m £36.80m £41.18m
EBIT £28.13m £34.90m £38.31m
Dividend Yield 1.86% 2.54% 2.90%
Dividend Cover 1.90x 1.66x 1.64x
PER 28.25x 23.62x 21.11x
PEG 1.78f 1.21f 1.78f
Net Asset Value PS 12.30p 19.53p 25.97p