DOM had an excellent day today, though it's worth noting how thin the market is in these - barely 800k traded ...... it looks as though there could be some resistance at 520, but of course the real hurdle (if it gets that far) is at about 585

What is amazing this product is not to put to fine a point on it shite! Due to our education system students can't cook so is manah from heaven to them. Not sure the England still in the Euros scenario has any great weight, but any attempt to short at the mo seems doomed. But watching :O)

DOM tend to have a good run before their figures - 23rd July apparently, though i thought it sooner - so selling at lest some in advance may be a good idea ..... however, this time last year, the figures were poor and soft commodities very high, so also be very careful if you intend to short

That's the plan cynic, wait for the figures then make a decision either way.

Domino's is the UK & Ireland operations of the world-leading pizza brand. Domino's outlets are franchised operations.Domino's is a classic example of a roll-out story. Once a retail business can prove itself in one location, massive growth can be achieved by 'rolling out' across more sites.At the end of 2006, Domino's had 407 stores in the UK and Ireland . By the end of 2011, this reached 726. Growing demand for Domino's pizzas has seen turnover increase from £95m to £210m in those five years. In that time, profits have increased threefold as economies of scale have driven margins higher. The shareholder dividend has increased from 3.1p to 12.3p as Domino's matured.It would appear that Domino's growth is not over. A 19.8% increase in eps is forecast for 2012, followed by another 14.4% increase in 2013. Though Domino's is clearly a great company, the shares are no bargain. Using the 2012 consensus forecasts, the shares trade on a forward price-to-earnings (P/E) ratio of 23.9, giving a prospective dividend yield of just 2.7%.

I'm tempted to go short here, I know we have the olympics etc etc, but 525 (earlier) is almost the 12 month high (527). Interims on 23rd - Any views?

Suspect the olympic premium is already in the price but don't know, but on that basis a short would seem reasonable at current SP.

what effect will the inevitable rise in grain prices have?

It must have an effect further down the line I'd say.

I've had a small short @515.50 so here's hoping.

results due monday i think, so some profit taking likely

Been out this afternoon and no help now but just out of interest, this was in my inbox on return:

Date Broker name New Price Old price target New price target Broker change
20-Jul-12 Panmure Gordon Sell 519.00p 350.00p - Reiteration

Half Yearly Report


Financial Highlights

· System sales1 increased by 11.0% to £286.9m (2011: £258.4m)

· Strong operational gearing driven operating margins2, excluding Germany, to 20.9% (2011: 19.9%)

· Profit before tax2, excluding Germany, increased 15.2% to £23.3m (2011: £20.2m). Profit before tax, including Germany, after exceptional items, was £21.5m (2011: £19.0m)

· Like-for-like sales3 in 662 mature stores up by 5.2% (2011: 2.4% in 607 stores), 5.5% at a constant exchange rate

o Like-for-like sales in the UK increased 5.7% (2011: 3.4%)

o Like-for-like sales in the Republic of Ireland, in euros, up by 2.9% (2011: down 8.4%)

· Earnings per share2:

o Diluted earnings per share, excluding Germany, up 16.1% to 10.68p (2011: 9.20p)

o Basic earnings per share up 11.8% to 10.29p (2011: 9.20p)

o Diluted earnings per share up 11.6% to 10.16p (2011: 9.11p)

· Interim dividend increased by 20.0% to 6.60p per share (2011: 5.50p)

· Total of 23 new stores opened in the period (2011: 22 stores) with one closure (2011: 1) resulting in a total of 748 stores as at 24 June 2012 (2011: 688). On track for opening 72 stores during the year (2011: 62)

· Created over 600 new jobs in stores, expected to rise to nearly 2,000 by the year end

· Online system sales increased by 43.4% (2011: 50.9%) to £121.2m (2011: £84.5m) with online sales accounting for 52.4% of UK delivered sales (2011: 41.9%). Of this, 17.9% of online orders were taken through a mobile device

· Good progress being made in Germany, encouraging trading and four stores opened during the period (2011: nil)

· Strong balance sheet with adjusted net debt⁴ to EBITDA of 0.4:1 (2011: 0.4:1).

a bleak start for the market, but one would hope that these figures are good enough to buck the trend

.

12 month high today.

i cashed in a respectable profit here yesterday as there are (should be) considerable concerns about the surge in corn prices due to severe drought in usa ..... this must surely have an impact on DOM's profitability

cynic they have already bought enough corn futures to cover their projected sales until 2013.

very sensible of them, but i'm still happy to have banked a nice profit

Acquisition of the business of Domino's Pizza Switzerland

Market Expansion

Domino's Pizza Group plc ("Domino's" or "the Company"), the leading pizza delivery company with stores in the UK, the Republic of Ireland and Germany, today announces it has reached an agreement to acquire the business of Domino's Pizza Switzerland AG("Domino's Switzerland") (the "Proposed Transaction"), including the master franchise agreement (the "MFA"), which provides the Company with the exclusive right to operate and franchise Domino's stores in Switzerland, Liechtenstein and Luxembourg as well as an option to acquire the Master Franchise Agreement for Austria.

Wednesday preview: Domino's Pizza
Tue 25 Sep 2012

DOM - Domino's Pizza Group

Latest Prices
Name Price %
Domino's Pizza Group 563.00p +0.72%
Homeserve 221.10p -1.51%

FTSE 250 11,931 +0.24%
FTSE 350 3,124 +0.34%
FTSE All-Share 3,058 +0.34%
Support Services 5,152 0.00%
Travel & Leisure 5,086 +0.94%

LONDON (SHARECAST) - Say what you like about Domino's Pizza - great delivery, shame about the pizza - the company is a money-harvesting machine.

The third quarter interim management statement on Wednesday should see the pizza delivery outfit benefit from the UK's indifferent weather, which will have persuaded many hungry diners to stay at home and order in instead.

Credit Suisse reckons the firm should achieve like-for-like sales growth of 3.5%, down from 6.9% in the second quarter, as it is going up against tougher comparatives, while the second quarter received a boost from the Euro 2012 footie tournament.

"The de-rating through 2011 rightly factored in a more modest growth outlook for the core UK business, and we see management commentary on Germany (bullish, but little detail) and Switzerland (roll-out) as more important share price catalysts," the Swiss broker said.