Turned out to be a 1 for 3.2 share re-issue (so for every 1 held, 3.2 will be issued as replacments).

The share split seems to have encouraged buyers in this stock.
Five brokers (out of 7) have this as a strong buy, but I haven't yet been able to find a target price. Can anyone help with this?

i think it's a great stock in a good sector, though i recently switched back to RTN .... unfortunately the share split has totally screwed the charts so it is almost impossible to work out where anything stands

If you look on Selftrade website & put in the ticker DOM in the quote box & then click on the chart logo, the Selftrade chart for DOM has been completely re-drawn. There is no sudden drop from 725 to 255p. Very useful.

Harry .... can you cut and paste here please

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This one seems to have been re-configured. Looks a bit toppy mind.

pth

Edit: Dunno what the red cross and the text " alt="" /> is all about though?

Guys,

I will get James to sort out the DOM chart with regard to the recent Share split. Apologies for the inconvenience,

Ian

Thanks IanT.
That will be a safer option than seeing me try to copy from another web page!

red cross + text "alt=" must be a sign that someone needs the Knights Hospitaller or some alternative medicine.

thanks Ian .... it would be much appreciated.

if i have worked this out correctly, 280 today is the equivalent of 896 in "old money" = 1.00 above the price i was more than happy to sell at in late April!

DOM chart should now be corrected,

Ian

Thanks. Hopefully Cynic will oblige with the new chart here! :o)

here you are .... what a stunner! ...... only show 25+50 dma as 200 dma left miles behind ...... impetus says buy even now; rsi is heavily o'bought and sp looks as if it should take a breather ..... make up your mind

silly billy cynic has not been watching closely enough ...... DOM continues to outperform and a BUY should be serioulsy considered even though volume remains very low, despite the share split

Trading range is currently 265 - 285p. I am expecting another trough before buying back in. Breakout above 285p is not yet guaranteed imo.

just bought some at 285.75 and have left balance to fill at same level ...... done

good to see some cracking results yet again ....... will be interesting to see if RTN are performing similarly well ...... my guess is "yes" and am very happy to be holding both

Yes, this is still a cracking stock to be holding. Sadly I sold a month ago & should have bought back in during the recent dip at 282p, but am still waiting for the big market correction so am wary of getting back in. But, if the correction doesn't happen then I have missed the boat!!! Tricky one to call at the moment, imo.

i'll ask PT to cast his beady chartiing eye over this .... given the stock's persistent strength, it will be interesting reading

Interesting to know if there is a broker target now for this stock, as following the RNS, store opening target is down & therefore presumably proposed turnover & profit?

LONDON (Thomson Financial) - "Domino's Pizza UK & IRL PLC said first half pretax profit increased 35 pct to 8.3 mln stg and said it is confident it will exceed full-year market expectations, thanks to anticipated continued strong growth in sales and profits.
The pizza delivery business said first half like-for-like sales at its 404 mature stores were up 14.9 pct, against 8.3 pct at 357 stores the previous year.

The group warned, however, that first half new store openings were behind target and said it expects to open 40-45 new stores in 2007, down from its target of 50. It said it still has sufficient potential sites in the pipeline to open 50 stores this year, provided it can secure necessary planning consents, which it considers unlikely.

Domino's opened 20 new stores in the period, resulting in a total of 470 stores operating at the end of the half and re-iterated its longer-term goal of opening 50 new stores a year.

The group said it had successfully overcome tough comparatives from last year's World Cup and added it remains mindful of some still more challenging comparatives, particularly in the last quarter.

Domino's said E-commerce sales were up 42.1 pct to 13.6 mln stg and now account for 14.3 pct of delivered pizza sales in the UK. System sales were up 24 pct to 142.5 mln stg.

Domino's proposed an interim dividend of 1.9 pence, up 46.2 pct on the previous year."

Ouch! Down 10% at one point this morning!