Dp Poland Share Discussion Threads

[a1samu] 19/6/2017 08:55

Plan by Directors is to have 100 stores by year ended 31.12.2020, that is in four years time inc. 2017.

Accumulated losses to year ended 31.12.2016 are £16.116M.

It is unclear as to from what point losses will stop and accumulated losses commence to be reduced by earnings. It is likely that even the current year will result in losses, to be added to the above accumulated losses .

At what stage will the accumulated losses be turned into earnings, to enable the dividends to start to be paid.

Even with 100 stores opened, by 2020, it is likely that it will still take some years to achieve to convert the losses to earnings from which dividends can be paid.

So it would appear that this share needs at least another 5 years to become an earnings driven enterprise and to be paying dividends.

At the moment, all this company is achieving is accumulating larger and larger losses and tapping shareholders for more and more cash, with directors paying themselves hefty wages!

I wonder what the justification is on approaching shareholders for more and more cash?, for on existing and current prospects this is not worth 43p/share.

75p is many years away yet! 30p is more likely until the next cash call!

[portside1] 16/6/2017 06:05

good luck I will keep my eye on them

[wetherspoons12] 15/6/2017 17:05

Sorry portside1 been a bit busy HaHa... For what its worth .... DPP seem to have got their act together now and are building the busness. Not in profit yet, but are increasing the franchised side of the business nicely. IMO they are worth a punt. I bought a while ago, so my average is 27p currently and i'm folding till they get to 75p ... maybe a while yet.

[cannonbeach] 15/6/2017 13:22

This is a buy, lock up and leave share IMO. GL

[cannonbeach] 15/6/2017 11:41

I see, thought you were speaking in tongues.

Do you own DPP?

[portside1] 15/6/2017 11:35

WAITING FOR A NEW POSTER HE APPEARS TO BE LOST

[cannonbeach] 15/6/2017 11:31

@portside1 - ???

[portside1] 15/6/2017 11:10

weatherspoons 12 were are you ,

[portside1] 14/6/2017 06:03

weatherspoons 12 looking at these , did you have a good night

[cannonbeach] 13/6/2017 12:36

Not looked at DP Eurasia yet, not sure I like the political situation in Turkey/Russia enough - seems a touch too risky IMO and there's also the currency risk (but depends on how they hedge it I suppose).

That said, Poland hasn't been plain sailing, either as of late.

[hybrasil] 13/6/2017 07:33

I'm quite relaxed about this and have just bought quite a few more shares to maintain my position
I'm looking at dp Eurasia has anyone else had a look/ have any views

[guernseymoney] 12/6/2017 15:08

@remarkomsoc

The dilution?

I dunno if painful the right word. I'd say "expected". Or how about "painfully expected?"

Suppose it comes with the territory of owning a thinly capitalised company with huge capital costs. That said, the growth trajectory is going to be huge (I hope).

I'd rather own a small amount of something big, than a big amount of something small...

Holding and will top up again at 40p if it drops that far.

[guernseymoney] 05/6/2017 09:30

FT today: [incorrectly referring to "second"]

A second Domino’s Pizza company will be joining the London Stock Exchange next month, hoping to share a slice of the success that has seen shares in its peers skyrocket in recent years.

Domino’s Pizza Eurasia, which controls Domino’s franchises in Turkey, Russia, Azerbaijan and Georgia, will join the LSE with a premium listing next month.Try to keep track: DP pays a share of its total sales to Domino’s Pizza Inc, the US owner of the brand. It will join Domino’s Pizza Group – which controls franchises in the UK and parts of western Europe – on the London market.UK-listed DPG’s shares have risen an average of 57 per cent a year since it first listed in 1999, notching up a not too shabby 3,346 per cent rise over the period.

Domino’s Inc is up a relatively meagre 1,515 per cent since its IPO, but since it joined the market more recently that adds up to an even better annual growth rate of 75 per cent.Still, both of them are left in the shade by Australian franchisee Domino’s Pizza Enterprises which, even after a recent dip, has risen 93 per cent a year since 2005.DP’s current owners – private equity group Turkven and chief executive Aslan Saranga – will sell some of their shares for the IPO, and the company will raise an additional £20m in new shares to help fund new store openings in Russia. The company expects to have a free float of at least 50 per cent.
In preparation for the flotation, DP has appointed Boohoo chair and former Selfridges chief executive Peter Williams as its new chairman.
DP is currently the largest pizza delivery company in Turkey and the third-largest chain in Russia, with a total of 571 directly-owned and franchised stores.It reported sales of TRY647.4m (£143m) in 2016, and adjusted earnings of TRY75m (£16m) in 2016.

[guernseymoney] 31/5/2017 13:04

Good stuff hybra.

bigboyo - I suppose the "financing" of the sub-franchisees has other benefits, supports the commissary costs etc, but agreed that it would be nice to free up the cash from acting as banker.

[hybrasil] 31/5/2017 12:55

Been buying a few more. Average 47p and below last years placing

[bigboyo] 25/5/2017 10:13

Guernseymoney, you are spot on.

The last financial year saw a cash outflow of £3.8 million and the current balance sheet looks weak in comparison to the outflow.

The worrying thing is why DPP beleives it has to act as a banker to finance its subfranchisees. Is no bank in Poland willing to finance DPP sub-franchisees ?

[guernseymoney] 12/5/2017 11:32

I expect another dilution between now and 3 years, but happy to keep holding - one of my best performers.

Have taken some profits along the way.

[hybrasil] 12/5/2017 07:31

this 48p price is the same as the placing figure of almost 8 months ago.
I think its value here

[hybrasil] 03/5/2017 07:30

AGM due this friday. The last two agms have produced very positive trading statements and I expect this year to be no different.
My plan here is is to stay a shareholder until 2020. That gives me another three agms.

I think in three years time this will be a very different company ( and hopefully a very enhanced share price)

[stefanzygmunt] 25/4/2017 19:35

Looks like the turnaround, onwards and upwards from here hopefully.

[davep4] 18/4/2017 20:47

The Poles didn't turn up for uk work for this season!