DMP 1.60% $36.32 domino's pizza enterprises limited

In short - the fundamentals just don't add up. The PE ratio is...

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    In short - the fundamentals just don't add up. The PE ratio is absurdly high, and the annual growth required to justify that PE cannot be sustained. One bad result and it all comes crashing down.

    It reminds me of Blackmores, which hit $220 - and the shorters were calling doom and gloom months before it hit that peak, and then it fell to around $130. That's a 40% fall in 6 months.

    I think the same will happen to Dominos. It's the short of the decade.
 
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