DMP 3.24% $37.31 domino's pizza enterprises limited

US Indexes are inflated and maybe a bubble hence why Dominoes in...

  1. 2,726 Posts.
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    US Indexes are inflated and maybe a bubble hence why Dominoes in the US is up, I remember over 10 years ago, one of my friends bought dmp and it was near this price, maybe $30, I asked why, he said they have a phone app to order pizzas, I have not spoken in 5 years, I hope he sold over $150. DMP is better than CKF because I think DMP can respond better to market changes, such as consumer demand change, from unhealthy fast food to maybe healthy fast food, I don't think KFC or McDonald's can change like this, I hope DMP can and people can order from there sometime in the future and consume a healthy meal. I think with people's health declining, they will want food that is healthy, not food that tastes good but makes them sick/declining in health. I changed to hold from sell as I think dmp if they are not stupid will pivot to healthier menus, I see DMP has the advantage as they don't have an iconic signature product, like the BigMac or the Bucket of chicken and those signature products are a stain on them if consumers begin demanding healthier food.

    As investors you have to look at emerging trends, I just see fast food as a deadend, has no benefit for the consumer which is the ticket price of the food and declining health. If DMP can change they will set themselves up for the future.
 
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$37.31
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$38.42 $38.43 $37.31 $11.98M 318.7K

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Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
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$37.43
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