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$38.56 domino's pizza enterprises limited

Ann: Trading Update, page-126

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yourhero111

2,076 Posts.

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26/01/24

09:18

Post #: 72076702
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Originally posted by Chella: ↑

Yep, it was just a rounding error for USA.
When you think about the carnage that happened yesterday here, it is unbelievable.
The market expected profit for 6 months missed by $14M and it was a such a big issue to wipe out 30% of the value ? The results had some good figures too like total network sales growth of 8%, positive cash flow after many years of spending on capital and acquisitions, $16M better profits than last half year. I am sure DMP has many options to plug the gaps in Japan and France, it is not like total pizza market is collapsing in those two countries. Japanese total market is expected to grow by 3% for next 6 years,DMP is number 1 in many regions.
Only thing you could say is DMP was running on high PE , valued to perfection.Except for GS, most analysts still has $50 target price after yesterday’s carnage . MS reduced it from $70 to 68. We have to accept market does it own thing. Once dust settles and DMP gets few runs on the board again , market will accept it.

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Well actually pe isnt that high... if you look at xro thats call high pe.....

DMP Price at posting: $39.51 Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last $38.56		Change -0.320(0.82%)		Mkt cap ! $3.506B

Open	High	Low	Value	Volume
$39.02	$39.15	$38.54	$9.419M	243.1K

Buyers (Bids)

No.	Vol.	Price($)
1	3810	$38.56

Sellers (Offers)

Price($)	Vol.	No.
$38.71	1275	3

View Market Depth

No.	Vol.	Price($)
1	3810	38.560
1	6477	38.540
1	38	38.530
1	105	38.520
2	1100	38.500

Price($)	Vol.	No.
38.710	1275	3
38.770	691	1
38.820	691	1
38.880	711	2
38.890	253	1

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last $38.54			Change -0.320 ( 1.08 %)
Open	High		Low	Volume
$38.93	$39.12		$38.54	12986
Last updated 15.59pm 16/05/2024 ?

DMP (ASX) Chart