Article in Shares Magazine this morning about this one ----Price at going to print was 463.6 p. VGLA.
Sales growth in the UK market still very strong, will come in around 7% for this final quarter, they will beat profit forecast for the year in the UK market. Sales growth = extra royalties but the biggest money maker is for the selling of stock to the stores, plus new store openings being ramped up for the end of the year this will have a good final quarter and will bounce back IMO. The sponsorship of xfactor this year has got to have really helped. Only negative on the business is the German market making such a big loss. I'm pretty sure a billion pound company will be looking for a big name to come in!
Why would you take such a risk when you don't even know who is going to be leading the company forward? Who ever it is needs to convince the UK consumer to continue to go online and pay nearly £20 for a couple of pizzas for the family. Perhaps years ago the marginal buyer would jump online at the last minute and pay up but now he has so much more choice with a few clicks! And why on earth would you plan to order from DOM in advance when you could pick up a few very decent freshly made pizzas at the local supermarket for half the price? Don't see a share price chart, see a business.
drops another 15p
Then my target entry point is hit
See my post from July 31st when it hits the bottom level i will put everything i own in here and let it ride long term, it will be a winner just looking for the perfect entry point!
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