Dp Poland Share Discussion Threads

[bigboyo] 12/7/2012 12:16

Maybe they did NOT sell more pizzas hence lack of RNS ...

[cheou812] 10/7/2012 15:50

A "We sold XX per cent more pizzas during the Euro 2012 football championships and expect to extend these gains during the Olympics" RNS wouldn't go amiss right now.

I'm available as a PR advisor if required, DPP!

[wylecoyote] 11/6/2012 19:05

cheuo812, good question....lol

[cheou812] 11/6/2012 13:49

Any news on footie fans buying loads of pizza in Poland? ;P

[bigboyo] 15/5/2012 10:22

...given the low baseline ... see my previous post .. £3.1K per unit estimated ... then its hardly surprising that sales will be going up .. they need to take a quantum leap

... the directors do themselves no fvours by keeping silent on figures .. with the RNS they should have given percentages ... LfL data ... the omission speaks loud and clear to seasoned investors

[cheou812] 14/5/2012 19:18

Indeed, hybrasil. What I meant is it won't be going up soon.

There may not be anything to make these go up until next year.

[hybrasil] 14/5/2012 15:45

its going south

[cheou812] 14/5/2012 14:12

The company always says sales are doing well/improving in these RNSes but I've yet to see figures that really back that. The first set was only made available for the first couple months since opening, and you can't really read much into that.

The share price here ain't going nowhere for the foreseeable.

[m.t.glass] 14/5/2012 08:26

I don't fancy trawling through the whole of the discussion in this link - and its last posting was 2009 - but it maybe casts a bit of light (not much!) on fast food outlets in Poland and attitudes to them. Domino wasn't around at the time.



Elsewhere on the same forum:

...the OBOP polling center finds that 37 percent of Poles tend to choose pizza for a take out. Twenty four percent declared they opt for Turkish kebab, while 19 percent indicated hamburgers as their favorite snacks...




Also, I tried putting pizza in the searchbox at this portal

But I've not looked closely into any of the results to see which pizza outlets get any mention

[hybrasil] 14/5/2012 08:11

why couldnt they have been more transparent?
30p here we come

[m.t.glass] 14/5/2012 07:40

So, expectations have been reset - with acceptance of a lower threshold for commencement of franchising - but with a bigger distant target - to achieve which I imagine they will have to tempt in franchisees with a lowered purchase price, which further dents the group income in the immediate years. Unless they can come up with something that rapidly invigorates sagging performance to makes the franchises more desirable and marketable at a fuller price.

[bigboyo] 08/5/2012 12:17

MT

Success breeds success ... in that respect Dominos UK has done a smart thing by generating huge interest from UK franchisees who want to open in Germany ... effectively derisking the German operation as the UK franchisees already have the operational and financial strength to bear the costs of any initial slow trading units ..

Obviously there is a need for the Polish Dominos company to get the current Polish units trading satisfactorily before they franchise out. After all, if they cannot even trade the company units profitably then what hope for the franchisees ?

Maybe DP can mailshot dominos UK franchisees about the Polish opportunity :-)

[m.t.glass] 08/5/2012 10:09

So in setting up Domino Poland, their business model was based on an over-optimistic assumption - that rolling out 50+ outlets by about the end of 2014 was feasible, and that returns from the first few would confirm this projection - and they haven't.

Plan B involves being allowed to offer franchises without reaching expected momentum. So will those franchises now have to be offered at a cheaper level than anticipated?


The only two MMs to have shifted their quotes so far today have both moved their prices downwards.

[bigboyo] 08/5/2012 09:10

MT

...because cash is draining out of the business fast as the new units are not taking as much as they should ... ?

[m.t.glass] 08/5/2012 08:03

And if they have negotiated a lowering of that threshold - why have they had to do so?

[gj2] 07/5/2012 17:45

Not holding these, but interested as a holder in the UK version (DOM).

Not only does the change in plan for 2012 from 15 to 3 store openings (without specifying why) ring alarm bells, I'm also unsure how many owned stores need to be open before DPP can invite franchisees to fund/open their own stores.

The December open offer RNS states " proceeds to be used to fund the 2012 roll out programme particularly in reaching 20 stores enabling the group to subfranchise....". This implies to me that DPP's agreement with the USA parent specifies that 20 stores must be open before subfranchising can start.

However the March results announcement states "Three further stores in Warsaw to open in 2012 followed by a move to a sub-franchise model, reducing the Company's future capital expenditure requirement". This implies to me that only 15 stores are required before subfranchising.

Which is it ? Have they negotiated a change in master agreement ?

I will wait on the sidelines - no matter what the price does - until there is a clear and consistent picture across many results announcements (and most probably across open offer/placement announcements.....).

Geoff

[bigboyo] 04/5/2012 12:50

MirandaJ ..

... and your point being ??

[mirandaj] 04/5/2012 10:25

From Chairman's Statement:

"During this year we plan to focus our resources on building brand awareness, growing sales and paving the way for sub-franchising in 2013. We plan to open three further Company owned stores this year, taking our presence in Warsaw to 15 stores."
In the last RNS it says:

"Notes to editors


DP Poland is the owner of the exclusive rights to develop and operate Domino's Pizza stores in Poland, through its wholly owned subsidiary DP Polska SA. The Company currently operates 13 stores in Warsaw."

2 more to open this year.

[zaksab] 04/5/2012 09:26

so would I

[bigboyo] 04/5/2012 09:10

if they do then I would be seriously worried ...

[hybrasil] 04/5/2012 07:48

The directors read this thread

[zaksab] 03/5/2012 19:45

10k each...not nothing, but not much either. wouldnt read anything into it myself.

[cheou812] 03/5/2012 17:55

Director buys slightly encouraging. Here's hoping sub-franchising picks up pace soon.

[m.t.glass] 03/5/2012 15:14

bigboyo - sorry, should have said next Results statement (September?).
Calcs merely based on extrapolating data shown on Sharescope over the last 12 months. And a chart which appears to be reflecting that verdict.

[hybrasil] 03/5/2012 10:56

big

In switzerland it did as well!