Dp Poland Share Price (DPP)

Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Dp Poland Plc LSE:DPP London Ordinary Share GB00B3Q74M51 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
Upgrade Icon
  -0.15 -1.84% 8.00 663,873 16:35:16
Bid Price Offer Price High Price Low Price Open Price
7.70 8.00 8.15 7.85 8.15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 29.87 -4.30 -0.75 50
Last Trade Time Trade Type Trade Size Trade Price Currency
16:40:46 O 200,000 7.603 GBX
Related Shares
Flutter Entertainment (FLTR), Ryanair (RYA), Fastjet (FJET), Intosol (INTO)

Dp Poland (DPP) Latest News

Dp Poland News

Date Time Source Headline
20/1/202307:00UKREGDP Poland PLC Board Changes
17/1/202320:13ALNCNewsTRADING UPDATES: Equals to beat market forecasts; Pebble in line
17/1/202307:00UKREGDP Poland PLC Trading Update
30/12/202209:59ALNCNewsDP Poland to hire ex-Domino's CEO as non-executive chair in early 2023
30/12/202207:00UKREGDP Poland PLC Board Changes
10/11/202216:09UKREGDP Poland PLC Issue of Options, Exercise of Options & TVR
09/11/202221:17ALNCNewsEXECUTIVE SUMMARY: Gelion gets new CEO; Spectral names COO
09/11/202207:00UKREGDP Poland PLC Board Changes
28/9/202212:26ALNCNewsEARNINGS UPDATES: DP Poland loss widens but positive for second half
28/9/202206:02UKREGDP Poland PLC Interim Results and Trading Update
More Dp Poland News
Dp Poland Investors    Dp Poland Takeover Rumours

Dp Poland (DPP) Discussions and Chat

Dp Poland Forums and Chat

Date Time Title Posts
30/12/202222:11Dominos - Poland1,180
25/10/202115:36Dominos Pizza Poland - Looking Tasty - Could 15x Bag27

Add a New Thread

Dp Poland (DPP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
18:09:087.60200,00015,206.00O
16:40:478.00100,0008,000.00O
16:36:228.00100,0008,000.00O
16:35:168.0011,000880.00UT
16:30:538.00100,0008,000.00O
View all Dp Poland trades in real-time

Dp Poland (DPP) Top Chat Posts

Top Posts
Posted at 07/2/2023 08:20 by Dp Poland Daily Update
Dp Poland Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker DPP. The last closing price for Dp Poland was 8.15p.
Dp Poland Plc has a 4 week average price of 7.85p and a 12 week average price of 7.35p.
The 1 year high share price is 9.10p while the 1 year low share price is currently 5.25p.
There are currently 620,458,537 shares in issue and the average daily traded volume is 36,729 shares. The market capitalisation of Dp Poland Plc is £49,636,682.96.
Read Full Thread
Reply
Posted at 30/12/2022 22:11 by my retirement fund
Until this shower stops giving away millions of share options with ludicrous excise prices, I can't see any sensible increase in the share price. A very different story when these guys have their own skin in the game and spend their own money on the shares.
Read Full Thread
Follow
Reply
Posted at 06/8/2022 10:01 by adrunkenmarcus
Consensus Forecasts are for DPP to close 2022 with negative free cash flow of about £0.4 million and then generate positive free cash flow of over £1.7 million in 2023. That puts it on a forward free cash flow yield of 3.2 percent.

However, EBITDA is forecast at £6.25 million for 2023 and also a reduction of £1.9 million in net borrowing. The company is at a stage where it is capable of generating positive earnings, hidden in large part by the need to finance expansion. They really do need to get to a stage where sub franchising can be accomplished successfully.

For all the time it has taken and the disappointments, I do think it is attractively valued at about 1.4 x projected 2023 revenues. IF it can obtain the success the brand has achieved in other markets then 2.5-3.5 x revenue seems more appropriate and we need to recognise that they are taking market share and growing.
Read Full Thread
Follow
Reply
Posted at 12/6/2022 09:19 by adrunkenmarcus
We need DPP to get to free cash flow breakeven to ease concerns about any further dilution. If they can get there and accelerate expansion through improved execution and sub franchising then this business will look much stronger. Current forecasts show a slight deficit on free cash flow in 2022 and then a surplus in 2023, so we may get to the business turning free cash flow positive by end 2022/early 2023 if all goes well.

There are valid criticisms about how DPP was run in the past, however we do need to recognise IMHO that current management have not been running the business that long in the grand scheme of things. And, much of the time they have been in charge, their focus has been on integration and consolidating the merged company. They do need to take actions on pricing and ensuring inflation does not impact them more than it needs to.
Read Full Thread
Follow
Reply
Posted at 17/4/2022 10:06 by adrunkenmarcus
Current forecasts are for DPP to be cash flow negative to the tune of about £610,000 in 2022, then positive to £280,000 in 2023.

They are carrying debt to fuel expansion and this masks a forecast increase in EBITDA to about £4.4 million (up 204.5%) in 2022 and about £6.1 million (up 38.6%) in 2023.

It is taking time, however we should get to a point where there is a 'step change' as older stores' losses diminish and move into positive territory. This was a recurring problem when DPP was sub-scale because expansion meant adding newer, loss-making stores to the estate and they racked up huge losses before breaking even. However the proportion of loss-making stores should diminish substantially even if the estate now grows, because we go into 2022-23 with a much larger base.
Read Full Thread
Follow
Reply
Posted at 13/4/2022 11:59 by adrunkenmarcus
How do we value a loss making company? Well, forecasts for 2023 revenue are about £37 million and the market cap today is £45 million. Long run it should trade maybe 3x revenues or 4x? If so, 3.5x 2023 revenue forecasts would be £129 million in market cap or a 2.9-fold rise in the share price. And that doesn't allow for growth beyond 2023. :-)
Read Full Thread
Follow
Reply
Posted at 15/3/2022 09:27 by hybrasil
Mr Putin being 25km away is obviously having an effect on the price
Read Full Thread
Follow
Reply
Posted at 17/1/2022 20:57 by my retirement fund
Time? What time for them to come up with other lame excuses too? I just think it's unforgivable not to pass on your costs to your customers in good time. If it really is true then clearly there are systemic flaws in the accounting systems because you need to be able to price and pitch your food offering almost instantaneously not annually, if you don't you can rest assured your competitors will! The result is that you will be out of business!
Read Full Thread
Follow
Reply
Posted at 13/1/2022 10:36 by adrunkenmarcus
The presentation will be worthwhile too. One current issue is that Poland has over 8% inflation so that will affect DPP with store fit out, ingredient and transportation costs etc.

Long DPP!
Read Full Thread
Follow
Reply
Posted at 26/1/2021 20:07 by adrunkenmarcus
I agree it is a good merger. And I am long DPP. By a long way! I bought quite a bit extra this year, including topping up at 7-8p.

I'd like it to hit 250p a share in a few years. However, doing so requires heroic assumptions. Even if we take £36 million as the forecast turnover in 2022 then assume 25% growth in 2023 and 2024, we get to £56.25 million turnover in 2024. There are somewhat over 600 million shares in issue so to get a share price of 250p would require 'Mr. Market' valuing DPP at 27x 2024 turnover. The highest so far was 10x turnover when DPP hit its peak in late 2016 and the market apparently was pricing in substantial future growth.

What are the specific assumptions and/or valuation metrics you're using to get to 250p? I'm long too and I'd love it if you were right.

On a more conservative basis, if we had £56.25 million turnover in 2024 and valued the business at 10x turnover, we'd still get a share price of about 93p in 2024 which would be a 9x return in three years. :-)
Read Full Thread
Follow
Reply
Posted at 12/8/2018 12:55 by lbo
Under the Master Franchise Agreement, DPP SA enjoys its exclusive rights for an initial period of 15 years, with an option (subject to certain conditions)Master Franchise AgreementThe success of the Group is highly dependent on the continuation of the MFA, which cannot be guaranteed if DPP SA commits breaches of its provisions which if remediable, are not cured within the period allowed under the MFA. Should the MFA be terminated, DPP SA's rights to operate the master franchise will cease, although existing store franchise agreements may continue depending upon whether Domino's Pizza Overseas Franchising B.V. exercises its right to acquire the assets of the stores.The MFA includes a condition that until such time as the number of stores opened in Poland exceeds 30 stores, the aggregate holdings of Ordinary Shares of Richard Worthington, Jerzy Jakubiak, Patrick Bodenham, Peter Shaw and Diggle Investments Limited shall not represent less than 25 per cent. of the issued Ordinary Shares. Whilst each such person has agreed in the Lock-In Agreement not to effect any disposal of Ordinary Shares so as to give rise to a breach of such condition, it cannot be certain that a disposal in breach of the Lock-In Agreement and MFA would not occur with the possibility that the MFA might be terminated as a result.10. Master Franchise AgreementAn agreement ("MFA") dated 25 June 2010 between Domino's Pizza Overseas Franchising B.V. ("DPOF"), an affiliate of DPIL (1) DPP SA, a wholly-owned subsidiary of the Company (2) and Richard Worthington (3) pursuant to which DPP SA has been granted the exclusive right to develop and operate and to sub- franchise the right to develop and operate Domino's Pizza delivery stores and an exclusive licence to use and sub-license the use of the Domino's Pizza system in Poland. A sum of US$350,000 was paid to DPOF on execution of the MFA in consideration of the rights granted by that agreement. The further principal terms of the MFA are summarised below.(a) Term. The term of the MFA is the period ending on the earlier of 15 years from the date upon which the MFA was executed and the date upon which all franchise agreements entered into pursuant to the MFA (whether in relation to stores operated by the Group or by sub-franchisees) have expired or been terminated. The initial 15 year term may be renewed for one additional 10 year term provided certain conditions are satisfied, including the requirement that DPP SA is not in default of the MFA or any other agreement between it and DPOF or its affiliates concerning the master franchise in Poland and has substantially complied with the provisions of such agreements. Such renewal will be required to be effected on the terms of DPOF's then current standard form master franchise agreement.(b) Termination by DPOF. DPOF may terminate the MFA earlier than the expiry of the above-mentioned term if the total number of stores opened in Poland at 31 December in each year is less than the development quota of stores specified in the MFA. It may also terminate the MFA in a number of other circumstances, including failure to comply in a timely fashion with DPOF's requirements for the submission of sales reports and other financial data or the payment when due of the royalty fee or advertising fee payable under the MFA. Termination may also be due to a failure by DPOF or its sub-franchisees to observe other provisions of the MFA dealing with the protection of the Domino's Pizza trademarks and/or the covenants by which DPP SA agrees to keep confidential information disclosed to it relating to the Domino's Pizza system and not to carry on or become interested in any similar business in Poland.(c) Other conditions. As a condition of the MFA, DPOF requires that until such time as the number of stores opened and operated in Poland exceeds 30 stores, the founding shareholders of the Company (being Richard Worthington, Jerzy Jakubiak, Patrick Bodenham, Peter Shaw and Diggle Investments Limited) must remain interested in a total number of Ordinary Shares representing not less than 25 per cent. of the issued and outstanding voting shares of the Company. If this condition is not met then DPOF will have the right to terminate the MFA. DPOF also required that Richard Worthington be a party to the MFA for the sole purpose of giving certain personal covenants and undertakings to DPOF, to the effect that during the term of the MFA or if shorter, the period until such time as he ceases to be a director, employee or consultant of DPP SA or its affiliates, he will not have any interest whether as an owner, investor, partner, licensee, lender, consultant, representative or agent in any business similar to that carried on by DPP SA and further that for the period of one year following the date of expiration or termination of the MFA for any reason other than DPOF's breach, or if ending earlier, for the period of one year following the date upon which he ceases to be a director, employee or consultant of DPP SA or its affiliates, he will not engage as an owner, investor, partner, licensee,lender, consultant, representative or agent in any such similar business activity in Poland, without the prior written consent of DPOF.(d) Effect of termination. Upon the expiration or termination of the MFA, DPP SA is required to cease immediately its operation of the master franchise although subject as set out below, each separate store franchise agreement relating to stores operated whether by DPP SA or its affiliates or its sub-franchisees shall remain in force for the remainder of the 10 year term for such agreement and subject to the terms of the store franchise agreement, the same may be renewed for a further 10 years. If, however, the reason for termination of the MFA is the breach of its terms by DPP SA, then all rights of DPP SA to enter into new franchise agreements in Poland will be suspended. Further, DPOF will then have the option to purchase at its discretion, all the assets associated with all or any of the stores owned or controlled by DPP SA or its affiliates and the rights under all subsisting sub- franchise agreements or all of the existing issued share capital of DPP SA, in which case the relative franchise agreement for each store owned or controlled by DPP SA will be terminated. If the MFA is terminated but such option is not exercised in such circumstances, then the royalty fee amount for the stores owned or controlled by DPP SA and its affiliates is to be increased to 5.5 per cent.(e) Store opening. The MFA does not of itself authorise DPP SA to open nor grant the right to any third party to open any store in Poland. In each case the approval of DPOF is required, such approval not to be unreasonably withheld delayed or conditioned. On the opening of each new store a non- refundable store opening fee of US$6,500 is payable to DPOF. In turn, in relation to sub-franchised stores, DPP SA can charge a store opening fee of up to US$15,000. Once a store is opened, a royalty fee is payable to DPOF at the rate of 4 per cent. of sales for stores opened and operated by DPP SA and its affiliates and 3.5 per cent. of sales for stores opened and operated by sub-franchisees. All such fees are payable to DPOF in U.S. Dollars.(f) Advertising fund. DPP SA is obliged to collect from its sub-franchises and itself to pay an advertising fee of 4 per cent. of weekly sales into a separate advertising fund in Poland. In addition, for each new store opened DPP SA will be required produce its advertising and promotion plans for approval by DPOF and will be required to expend the local currency equivalent of US$3,000 in opening advertising and promotion.(g) Designated representative. DPP SA is obliged to appoint (subject to the approval of DPOF) an individual to be a designated representative required to devote his full time and best endeavours to the development, management and supervision of the stores in Poland. DPP SA's first designated representative will be Jerzy Jakubiak.(h) Store franchise agreements. DPP SA is required to comply with the MFA and the provisions of each store franchise agreement relating to stores opened and operated by DPP SA. In addition it will be required to use its best endeavours to ensure that each of its sub-franchisees complies with their store franchise agreements with DPP SA. Each store franchise agreement with sub-franchisees must be in a form approved in writing by DPOF (such approval not to be unreasonably withheld, delayed or conditioned). DPOF is obliged to diligently recruit suitable sub-franchisees in Poland.(i) Training. DPP SA is obliged to provide adequate training and support for managers and employees of stores owned or operated by DPP SA.(j) Names and marks. DPP SA is granted the right to use and license the use of the Domino's trade marks in Poland subject to the terms of the MFA. DPP SA is required to notify DPOF immediately of any infringement or challenge to its use of any of the Domino's Pizza marks in Poland or any claim by any person of any rights in any of the Domino's Pizza marks or any suspected passing-off or unfair competition involving the Domino's Pizza marks or the Domino's Pizza system. DPOF has undertaken in turn, to indemnify DPP SA from and against and to reimburse it and its affiliates for all damages for which they may be held liable in any proceeding, action or claim arising out of the use of any Domino's Pizza mark in compliance with the MFA and for all costs reasonably incurred by DPP SA or its affiliates in the defence of any such claim brought against it. In turn, DPP SA has also agreed to indemnify DPOF from and against and to reimburse to DPOF in any proceeding, action or claim arising out of the use of any Domino's Pizza mark by DPP SA or its affiliates otherwise than in accordance with the MFA and applicable store franchise agreement.(k) DPP SA covenants. DPP SA has covenanted with DPOF that, during the term of the MFA, it will not have any interest whether as an owner, investor, partner, licensee, lender, consultant, representative or agent in any other business similar to that carried on pursuant to the MFA and further that for the period of one year following the date of expiration or termination of the MFA for any reason other thanDPOF's breach, it will not engage as an owner, investor, partner, licensee, lender, consultant, representative or agent in any such similar business activity in Poland without the prior written consent of DPOF. Such restriction is not, however, to apply to any store franchise or sub-franchise agreement which remains outstanding following termination of the MFA. These covenants and undertakings are also given by DPP SA on the basis that it is obliged to procure (so far as it is reasonably able) compliance with the same by its affiliates.(l) Commissary. Whilst DPOF reserves the right to supply food products and ingredients, beverage products, supplies and materials to all the Domino's Pizza stores in Poland, DPOF has irrevocably agreed in the MFA to grant to DPP SA (under a knowledge and technical assistance agreement in the agreed form), the sole and exclusive right for DPP SA to establish a commissary or commissaries for the purpose of supplying food products and ingredients, beverage products and other supplies and materials to all Domino's Pizza stores in Poland. The right to operate such commissary or commissaries will continue until the expiration or termination of the MFA. In operating a commissary, DPP SA will be obliged to ensure that it only uses suppliers who have been designated by DPOF or who have been approved by DPOF.(m) Assignment. DPOF has reserved the right to assign its interest in the MFA at any time. In the event that it does so it will use its best efforts to ensure the assignee agrees to observe and perform all the terms and conditions on the part of DPOF contained in the MFA, but it shall not be a condition of such assignment that the assignee so agrees. Further DPP SA is obliged nonetheless on any such assignment to release DPOF from all future liability under the MFA. DPP SA cannot, however assign its interest in the MFA without the prior written consent of DPOF.(n) Governing law and disputes. The MFA is governed by laws of the State of Michigan except the Michigan Franchise Investment Law is not to apply unless its jurisdictional elements are otherwise met. All disputes, controversies or claims between DPOF and DPP SA arising out of the MFA are to be submitted for arbitration to be administered by the American Arbitration Association. The place of arbitration would be Ann Arbor, Michigan.
Read Full Thread
Follow
Reply
Dp Poland share price data is direct from the London Stock Exchange
Your Recent History
LSE
DPP
Dp Poland
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20230207 22:17:12