Chart is just great cynic no problems with 700p.

it's not a problem i foresee, but am always nervous/suspicious of massive price movements on minuscule volumes ..... i suppose there is a rationalisation that there is a potential big buyer so MMs are raising the price to tempt some to sell ...... One could also argue that, perhaps with more logic, if the price took a tumble

getting back to a good buying level - i.e. when/if sp hits rising 25 dma
sp already on the oversold side of neutral

watch this for the bounce ..... i.e. i suspect sp has just "teased" through 25 dma, rather than started a downward trend

25 dma is at 660 ..... sp is 656 .... rsi is neutral ..... sector is right ..... watch v closely with view to buy if bounce; if continues down, then watch for 620 and 50 dma but (imo) more likely the former

preliminary results and no doubt a trading update due on Tuesday 20th ..... sp bounces off 25 dma (of course charts are total rubbish!) ..... rsi neutral .... and am now back in at 672

This got a mini writeup in Shares mag this week. The only down side that they could hint at was that the intended 50 new shops for 2006 was short of it's target, but otherwise the growth propects are considered to be excellent.
Finals due on the 20th Feb.

apologies to the owner/editor, but i rarely take primary notice of what Shares has to say ..... too many stinkers! .... however, it certainly helps to support a view and/or to give timely reminders of results due etc.

Great set of results, and 1st 7wks of 2007 up 14.3%.

plesae may i say, "Told you so; told you all to buy into this sector!" ...... now take a look at RTN!

And we all did buy in to this, so if it goes t*ts up then we know who's door to knock down! :o)

absolutely ..... though i am also considering a delivery service! ..... anyway, tits up it has patently not done!

but seriously, i really do recommend you take a good look at RTN ...... and then decide whether or not to buy in!

have just shown my faith by buying more (DOM) which makes me def o'weight in this stock .... sp bang on 25 dma and rsi is neutral to o'sold

hmm! .... not much impressed by the directors' sales, though they seem to have had little trouble in placing them

LONDON (AFX) - Domino's Pizza UK & IRL PLC said chief executive Stephen Hemsley has sold around 258,000 shares at 670 pence each yesterday, bringing down his stake in the company to 4.27 pct.

The company said chairman Colin Halpern has sold 350,000 shares at 670 pence each, lowering his stake to 11.70 pct.

It also said non-executive director Nigel Wray has sold about 491,000 at 670 pence, reducing his holding to 22.12 pct

Yesterday, Domino's Pizza reported a 28 pct rise in full-year pretax profit, boosted by a significant growth in sales."

Personally I don't think there is anything ominous in these director sales as they still hold a considerable stake in DOM.

on balance, I think you're right and as I commented, they clearly had no prob placing them ...... as above, bought some more this morning at 673, which was a little highewr than I might have got them a bit later ...... thought their trading statement was strong and still reckon they are a potential t/o target, though that would be entirely the wrong reason to buy.

i now look forward to RTN's results which are due within the next couple of weeks ..... good things expected there too

Afraid I have sure got DOM wrong, or at least for the moment ..... Though what Harry says is true, the market has clearly got pretty spooked by the volume being sold (about 1m) and the number of directors doing so ..... It is not impossible that they went to a single source, and as 1m shares equates to nearly 2% of the shares issued, that could then, with what may already be held, constitute a declarable interest.

Future prospects are good imo, so no immediate cause for alarm. The fundamentals are still good and with the new shops the revenue should continue to grow.
We just got our timing a little bit wrong, not knowing that the Directors were on a selling spree.
The sp has already recovered a little since the earlier fall to 655p.

Tom Winnifrith on t1ps.com has given a "Take Profits" statment. He reckons it's run out of steam.

MS

well TW called that wrong then didn't he!

Harry .... guess you can call your rotweiler off now .... lol! ..... sorry if initial timing was a bit haywire, but i(we) got ambushed by director sales