Dp Eurasia N.v Share Discussion Threads

[lennonsalive] 23/3/2021 08:20

Unimpressed, closed my spread trade this morning

[hybrasil] 22/3/2021 17:08

Biggest day for trades here for ages.

[nakedmolerat] 22/3/2021 10:12

I took a small spreadbet (now in profit), as it seems overdone and results tomorrow. I shall be watching like a hawk and will sell first sign of trouble

[theprovosts] 22/3/2021 09:18

Can anyone get a quote to buy? Can sell a tonne but cant buy atm.

[nakedmolerat] 22/3/2021 09:02

Level 2 is very odd, is this duel listed?

[nakedmolerat] 22/3/2021 09:01

SYDNEY (March 22): Asian markets faced a fresh stress test on Monday as a plunge in the Turkish lira lifted the safe-haven yen and blunted risk appetite, although the fallout so far looked to be relatively contained.

The dollar was trading almost 15% higher on the lira at 8.3000 after President Tayyip Erdogan shocked markets by replacing Turkey's hawkish central bank governor with a like-minded critic of high interest rates.

"Erdogan’s decision to fire Governor Agbal, who had sought to instil some price stability and perception of Bank independence, now raises question as to whether the new Governor will look to lower rates while still aim to fight higher inflation," said Rodrigo Catril, a senior FX strategist at NAB.

The uncertainty was enough to see Nikkei futures ease to 29,280, pointing to an opening drop from the cash close on Friday of 29,792.

Nasdaq futures dipped 0.3% and S&P 500 futures 0.2%. June futures for Treasury 10-year notes edged up just 1 tick, suggesting there was no broad rush to safety.

Investors are still struggling to deal with the recent surge in U.S. bond yields, which has left equity valuations for some sectors, particularly tech, looking stretched.

Bonds had another wobble on Friday when the Federal Reserve decided not to extend a capital concession for banks, which could lessen their demand for Treasuries.

The damage was limited, however, by the Fed's promise to work on the rules to prevent strains in the financial system.

Monday's tumble in the lira saw the yen firm modestly, with notable gains on the euro and Australian dollar . That in turn dragged the euro down slightly on the dollar to $1.1880.

After an initial slip, the dollar soon steadied at 108.86 yen, while the dollar index was a shade higher at 92.080 .

Also lifting the yen were concerns Japanese retail investors that have built long lira positions, a popular trade for the yield-hungry sector, might be squeezed out, so triggering another round of lira selling.

Still, analysts at Citi doubted that episode would lead to widespread pressure on emerging markets, noting the last time the lira slid in 2020, there was little spillover.

"In terms of impact on other parts of the high-yielding EM, we believe that will be quite limited," Citi said in a note.

OUCH!

[spectoacc] 22/3/2021 08:52

It's the weak Lira, tanked 14% o/n.

[nakedmolerat] 22/3/2021 08:51

buying opp or has a seller dumped a load before results?

[hybrasil] 19/3/2021 11:21

Results on Tuesday.
I still think these are cheap as chips and that the Indians made a very shrewd purchase.

MCAP £103m and debt say £47m (if I translate it right) total price for 748 Dominos stores is £150m or roughly £200,000 per store.

Compare Poland DPP where on the current market cap the price per store is about £400,000.


Thats why I think they are still very cheap. Time will tell if people agree

[hybrasil] 10/3/2021 07:47

Here come the Indians!
I suspect the rapid share price rise caused them to bring forward the announcement of the deal and they are only dealing now with the housekeeping ( the appointment of directors).
They still have not told the markets if they intend to get a Turkish quote.
Of course they don’t. But the companies stated position is that they intend to.
I suspect they want to get their feet under the table before the ultimate next step

[spectoacc] 09/3/2021 09:11

I'm out too, closed too soon overall, best of luck to holders. Value is back!

[spursspurs] 08/3/2021 17:15

sold half of mine today at 82p surprised at the late drop , may be buying them back tomorrow :)

[microscope] 02/3/2021 16:45

When they have to go as high as they did the other day to attract sellers, you pretty much know they'll have to rinse and repeat in fairly short order.I'd say this is going a whole lot higher before long. Well done to those who missed the original spike. :)

[spursspurs] 02/3/2021 14:57

All looking very good here

[hybrasil] 01/3/2021 08:48

The reality is the share price had been depressed by fact that fides were sellers.
Jubilant are buyers. The company is doing really well. Roll on £1

[hybrasil] 26/2/2021 10:09

Really weird

Haven't updated the market on the retirement of the fides shareholders.

Haven't said if they are still going for a Turkish listing.

i think they will have to buy the rest!

[hybrasil] 20/2/2021 11:55

Can any explain how come if there is a new 32% shareholder that there isn't a mandatory take over offer?

Edit

Just been told takeover code doesn't apply because dpeurasia is a dutch company

[hybrasil] 19/2/2021 16:32

It is fantastic news for the company. Fides have wanted out for a long time. We have now a dedicated member of the dpi family as an owner of 1/3rd of the company.

I don't think they will be happy with 1/3rd.

So I suspect we will see corporate action in the not too distant t future.

[microscope] 19/2/2021 13:53

Cheers folks, I suspect though before long you will all make substantially more than I did, and deservedly so. Not much chart resistance on the way up here to my eye.

[spursspurs] 19/2/2021 13:05

good effort Micro - hopefully you bought back in on the little shake earlier. I think worth holding now as can only see it going higher

[hybrasil] 19/2/2021 12:48

Jubilant have the Indian franchise for dominos

[hybrasil] 19/2/2021 11:52

So why don't they disclose the price

[spectoacc] 19/2/2021 11:20

Not that you'd have sold any @hybrasil ;)

Missed it too, but back in time to sell a quarter at 73p.

78p (where it was decently bid) now looks like a target.


Also:

"FIDES FOOD SYSTEMS COOPERATIEF U.A.


Turkish Private Equity Fund II L.P. to dispose of Fides Food Systems Coöperatief U.A.


Turkish Private Equity Fund II L.P. (TPEF II L.P.), the private equity fund, announces it has as of today entered into a binding Purchase Agreement with Jubilant Foodworks Limited ("JFL"), the largest foodservice company in India, and Jubilant Foodworks Netherlands B.V, JFL's wholly owned subsidiary, to transfer its entire stake in Fides Food Systems Coöperatief U.A. ("Fides"). Fides is the beneficial owner of 32.81% of equity shares of DP Eurasia N.V. ("DP Eurasia"). "

[hybrasil] 19/2/2021 05:58

Well done micro.

Completely out of character I took a two hour break from all screens and that dramatic rise (and fall) took place.