DMP domino's pizza enterprises limited

0.16%

$18.27

AFR: dominos-could-face-profit-hit, page-59

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gemma

1,611 Posts.

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20/07/16

20:01

Post #: 18321022
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Originally posted by vontrader ↑

Lol it isn't scaremongering, it is fact

DMP have been ripping off staff for years, making them work for below award wages, free overtime and everything else ...

The DB report was based on real figures sourced from their books, coupled with award industry wages. If DMP have to meet these wage increases along with a host of other issues, it is going to smash their bottom line ... How do you argue its scaremongering ?

I don't get all those arguing that it's a run well business. Underpaying staff for years to produce engineered record profits each 1/2 yearly is not sustainable growth, likewise with the action in the SP. If it had to meet award wages would suffer a profit drop of 20%+ according to DB ?

Talk about a house of cards

Those grubs at Citi today closed out 8,000 DMPKOS once they ticked the stop at $73.86. Average close out on them was $74.45 or somewhere. I highly suspect they weren't aiming for best price when buying back those 8,000 on behalf of holders, as they pushed it almost anther full $1+ after the stop was hit and already up 3%. Most of yesterday's price action can be attributed to the stopping out of the other 2 Citi Warrants as well, which they closed at market basically

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Yes but it obviously scared off some share holders.

If it wasn't a well run business it wouldn't be doing so well with profits rising/expansion overseas and the SP going up.

I haven't seen any franchisees complaining about work conditions.

Anyway I am quite happy with the price drop to the low 60s and back up to the 70s.

I didn't think you were still shorting DMP? gold is a lot easier to short.

DMP Price at posting: $73.35 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $18.27		Change -0.030(0.16%)		Mkt cap ! $1.725B

Open	High	Low	Value	Volume
$18.35	$18.48	$18.07	$13.59M	733.7K

Buyers (Bids)

No.	Vol.	Price($)
1	547	$18.26

Sellers (Offers)

Price($)	Vol.	No.
$18.28	496	1

View Market Depth

No.	Vol.	Price($)
1	547	18.260
2	1750	18.250
1	54	18.240
2	95	18.100
1	555	18.010

Price($)	Vol.	No.
18.280	496	1
18.310	500	1
18.330	987	1
18.350	2071	4
18.360	1000	1

Last trade - 16.10pm 18/07/2025 (20 minute delay)

DMP (ASX) Chart

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AFR: dominos-could-face-profit-hit, page-59

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