can't disagree with that, though PT's more sophisticated charts might give a slightly different reading ...... however, i think this type of foodchain (for sharks - lol!) is in a good defensive sector in the event of market correction (as is RTN) ...... with a horrid summer, these places should have had a very good time ..... also, both DOM and RTN seem to have excellent management and track record and overall presentation ....... these two + SCHE, and maybe CTH which i have just added, are likely to stay in my portfolio much longer than most, though i may trade in and out from time to time.

may be no more than bear covering, but interesting to note +13.25 here ..... always assuming it's not an illusion that will melt away before close

safe home

Just seen bid 267, offer 265p !!!
Either the price indicator has gone nuts or .........they can't keep up with trades!!!

Back to b258, o259p. Just a blip sadly.

DOMINOS PIZZA UK & IRL PLC

Purchase of Shares in Buyback Programme


"The Company announces that it purchased 150,000 of its ordinary shares of 1.5625
pence each on 22 August 2007, through Altium Securities Limited at a price of
248 pence per share. These shares will be cancelled and will reduce the number
of shares in issue to 164,725,238.

Following the cancellation of such shares, the Company's issued share capital
consists of 164,725,238 ordinary shares all with voting rights."

Support under the current price range is 220p rather than 205p, although there is a smear of support from 215p down to 200p below that.

I don't hold, having sold out in mid-June at a very handsome profit.

205p is the only support that I see (chart on P7 of this thread). 220p??? Can't see it.

chart is horrible, though i continue to hold for my sins! ....... arguably some support around 217, or below that, about 200 ..... much as Indieman posts

I agree, though it's interesting that Altium Capital still has a buy recommendation with a target of 335p. Not sure what they base that on, but seems a bit optimistic to me.

I had a mexican heatwave the other night, and bloody nice it was too... not sure what base that was either...

imo, valueless as it may be, both DOM and RTN are very good brands and companies and i continue to hold both, notwithstanding the probable further squeeze on disposable incomes ....... peeps will still want to eat out and both brands offer that service at value (not necessarily the same as just price) ...... in the longer term, it is far from inconceivable that one or the other or even both will be snapped up.

DOM had a bit of bad press recently over working conditions for their staff, plus they may not reach their target branch openings this year. Am still watching, but not holding at present.
Ted, I should think your 'base' has dropped out after eating a Mexican heatwave! :o)

saw that but actually very much a storm in a t-cup ...... branch openings are of much greater import both to profitability and, more importantly, market sentiment towards the company

Yes Harry, when the bottom's fallen out of my world, i have a mexican heatwave and let the world fall out of my bottom...

apologies everyone...

have cut my losses ...... sorry to say it, but DOM has now underperformed for too long, and though rsi looks o'sold, i see no immedaite likelihood of a strong recovery especially with, imo, every likelihood that the markets are due for a sharp correction ..... for all that, i shall continue to watch and may well come back in in due course

for general info, am keeping faith with RTN at least for the time being

Pizza Hut news is not going to help

nothing about Pizza Hut in Telegraph, but assume they are reporting weak sales ..... have to brave to eat there imo - lol!

cynic , high salt

prob high sugar too ...... good old Nanny State strikes again! ...... what chance of changing a nation's eating habits? ...... bugger all! .... next time you are in the super, have a look at the next trolley at check-out and see how many pre-prepped meals and crisps and sweets and biscuits etc etc .... even the bread has a high salt content compared to that at a true baker, rare beast that it now is