John_S
19 Sep 2016
Results To me, the results look very good for a new, growing company. 6 new stores, 28% like for like sales growth. Pity the share price has been a bit sluggish as of late.Here is a link to a new article on Proactive investors, and an interview with Peter Shaw, CEO.[link] up the good work DPP, and thankyou.~John~
seadoc
28 Jul 2016
Re: 17% Discretionary Client Holding Eadwig,Did not appear by close of play. Hargreave announced holding crossed the 17% threshold but reading the RNS carefully, (like I should have done in the first place) that was in a downward direction, they reported that they no longer held more than 17%. I clearly missed the RNS announcing that at some point they held more than 17%.The wonders of AIM.Regards,Seadoc
Eadwig
28 Jul 2016
Re: 17% Discretionary Client Holding seadoc, "which did not then appear."Do you mean didn't appear on trades?
seadoc
27 Jul 2016
17% Discretionary Client Holding I thought someone might have been buying, Hargreave Hale on behalf of discretionary client(s) :PP/news/item/2052472/holdings-company?context=LSE
PPMight" target="blank" rel="nofollow">[link] explain why I could make a largish (well it was for me!) sale all in one go which did not then appear.Regards,Seadoc
seadoc
21 Jul 2016
Re: Norway, Sweden, Iceland EadwigThey have even opened a store in Milan, Italy, but that is also the US company.Regards,Seadoc
Eadwig
21 Jul 2016
Re: Norway, Sweden, Iceland San Jaime, " If you had got in at the start here like some of us fellow DOM holders you would still be showing a loss"Yeah, I realised that after i posted and only then looked at the chart. I heard about Dominos opening in a city in Poland where I sometimes live around a year or 18 months ago and just assumed they were entering the country for the first time, because I had never seen a Dominos anywhere in Poland - or any advertising.It seems like they had a lot of costs up front, they also started just as Poland's economy took a downturn (the only EU economy not to go into recession in 2008) but the economy there is back to its more usual 3% plus growth rate now.I wonder if they also had trouble getting the pricing right in Poland as I alluded to in my last post.I used to own Dominos UK, but bought that after hearing the US CEO talking about how sales in France had been massive and surprising on new stores opening there. It was only AFTER I bought that I realised the UK listed company only covered UK and Ireland. Poor research on my part before taking a plunge. I wanted to get in quick having heard the interview while in America and thought I might get a jump on other European buyers before the news spread next day.Anyway, I managed to back out with a small profit (and a divi I seem to remember) but didn't want to stick around once I realised the catalyst I first bought for didn't apply.Looks like they're definitely doing something right in Poland now, but looks like a lot of analysis required before a decision to buy or not if they are taking stakes in other territories in Europe.Good luck all.
seadoc
20 Jul 2016
Re: Norway, Sweden, Iceland Eadwig,"Is this company going to be responsible for Scandinavia also?"Probably not, they have their own management but DOM bought £24m in minority stakes, 49% in Iceland and 45% in Norway/Sweden from the chairman Birgir Beltvedt who founded Dominos Iceland in 1993. There are 19 stores in Iceland making a small profit. They expanded into Norway in 2014 but the 10 stores are still in start-up and losing money. £24m is about the valuation of DPP until a couple of months ago. At the time I wondered if DOM would also bid for DPP and that explained the recent rapid rise in share price.OM/news/item/1989240/acquisition-interest?context=LSEOMBit" target="blank" rel="nofollow">[link] more background from Reactograph:[link] new commissary in Poland has capacity to spare and already making a significant contribution to DPP profits. I did wonder if the Swedish shops might, in the interim, source their ingredients from DPP?Regards,Seadoc
San Jaime
20 Jul 2016
Re: Norway, Sweden, Iceland Eadwig - If you had got in at the start here like some of us fellow DOM holders you would still be showing a loss, unless you had averaged down during the lean times since the IPO.Fortunately I got my average down to the low 20s so now show a nice blue figure in the portfolio.Don't think DOM will take over DPP in the near future - but we shall see.
Kestrel205
20 Jul 2016
Re: Norway, Sweden, Iceland This company is not responsible for Iceland, Norway or Sweden that is Dominos Pizza Group (DOM)
Eadwig
19 Jul 2016
Re: Norway, Sweden, Iceland pharmaspecialist, "market for pizzas is probably more competitive in Poland "It is quite competitive, in that there are many choices, but there is nothing to compare with Dominos for taste and no other big international players in Poland. I don't what Dominos pricing is like in Poland, but the results suggest they've got it right, it can't be as ridiculously high as they are now in the UK, because Poles just wouldn't pay those prices.I met an oldish guy taking money in a car park in Poland and he recognised my Yorkshire accent. "Ah! You are from Yorkshire, very tight with money, but not as bad as Scotland ... and neither of you have got anything on us Poles!".I must say, I have noticed it myself. So I assume Dominos are giving good value for money. Their ingredients will be better, and Poles will pay a premium for that, but only within limits.I heard Dominos were opening in Poland, but I never knew they were listed separately until I saw the half year results mentioned today. Shame, I would have definitely been in from the start because Poland has been crying out for decent Pizza - and now they've got the best I expect they'll continue to do brilliantly well for some years.Is this company going to be responsible for Scandinavia also? They certainly will be prepared to pay a lot more for Pizza than the Poles will. I don't know what the competition is like in those countries though.
barno99
19 Jul 2016
Incredible growth story. In other news, insider Moore,Chris acquired 250,000 shares of the company’s stock in a transaction on Friday, June 10th.DP Poland PLC (LONPP), up 10.22% to 44.5p, which operates Domino Pizza in Poland reported a strong first half. Like-for-like sales to end June were up 28% compared to the same period last year, while total sales grew by 57%.[link] target short term for me..
pharmaspecialist
08 Jun 2016
Re: Norway, Sweden, Iceland Yes I think the 8% rise is because of the Scandinavian news, but I have a feeling the market for pizzas is probably more competitive in Poland than the likes of Iceland (but the rewards of success will certainly be greater in Poland)
seadoc
08 Jun 2016
Norway, Sweden, Iceland .... and Poland? Approach by DOM. Any other views on 8% hike in DPP today?Regards,Seadoc
seadoc
21 Mar 2016
Price Instability Instability with the results:PP/news/item/1886801/final-results?context=LSEPP"2016" target="blank" rel="nofollow">[link] will see the Company opening a large number of stores in existing and new cities, while the January-February 2016 like-for-likes indicate that our existing stores will continue to perform strongly. Your board believes that the strong performance of our stores, existing and new, plus the contribution of the commissary will continue to build over the coming year and that 2016 will be another important year for this business."Making a loss but positive cash flow? will be interested to see what Paul Scott makes of the results, has clearly perplexed many if oscillations so far this morning are anything to go by. On the basis that those really in the know would have acted last week the 10% rise last week would suggest these results should be viewed as very positive.Who knows, give it a dark blue!Regards,Seadoc
pharmaspecialist
20 Jul 2015
Poor communication As a shareholder I am glad to see that sales are increasing but the other measures of financial performance seem to have been carefully selected to make things appear as rosy as possible. A brief trading note such as this should not need six separate footnotes to explain how the figures have been calculated! The company should not be frightened of letting shareholders know what the real performance is in cash terms.
