Homer
- 19 Feb 2003 17:03
I have heard from an employee who is head store manager of my local dominos pizza outlet that results are set to out perform analysts expectations. Outlets have said to been more busier and at peak time the phones have said to be ringing on average every 1.5 minutes. An average person orders a pizza which come out to at least 10's. Couple this with more people eating in and results are set to outperform.
Staff had been advised to buy privately back last year when the stock does its annual slump after intrim results in July. According to my informant most staff in the outlet that he works at took the advise and have bought at around the 80 pence level. This is however only staff at that particular outlet but im quite sure many others will have followed suite.
Like-for-like sales rose 6.3% in the five weeks to December 29. The full year results are set to be released quite soon and I expect them to be very bullish.
DYOR and good luck
Homer
- 13 Jan 2004 14:18
- 94 of 95
Bloody bull market cocked the dominos chart pattern right up didnt it!!
I am kicking myself for selling out too early, bloody charts, made me sell so early!
I do think however they are overvalued at current levels. However i also think as a mometum play these will continue to rise up until results.
Then the correctin will take place. Surely cant continue rising like this.
This could be one of those where it rises up to results are then on results day falls back and then starts the downtrend.
Want to buy back but too expensive now, hard to believe they were less than a quid last year!!!
PGV4
- 13 Jan 2004 16:08
- 95 of 95
What's you view on the last few days increases