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I dont get the operational BOD members vs non execs ?
Seem far too high for non execs.
The granting of options at 8p is irritating the exercise price and lock in should be far higher to align shareholder interest of share price growth
See solid momentum over next 12 months now with continued double digit growth and franchise development
Ned participated in RNS this am
Holding for 25p within next 12 months
Just put in my buy for the retail offer, nice and easy on ajbell. Not sure whether to keep or sell if the share price is at or around 12p in the coming weeks.
Would have liked to have seen directors put in material amounts here but can’t see it.
Great news on placement and offer to drive growth and shareholder value
In lehmans terms what does this mean for us private investors, how many shares are we allowed to buy on the offer please, many thanks H.
Some size of discount !
Same again today with trades from yesterday at a similar amount
What`s with all the delayed trades from Friday ? Around £300K worth !
Similar position , first bought in 2016 ... need about 15p to get back into profit.
DOM gives us some indication what is possible here. A net profit margin of 10% is perfectly achievable, so on 50m revenue, profit of 5m and p/e of 15 would make current mkt cap reasonable. But DOM has achieved revenue of 600m+ so growth of the Polish market to something like 200m should be possible ... and thus mkt cap of 250m not at all implausible over a 3-5yr horizon if growth continues
Hi all, I have been in this share for a absolute age, yes lost money, averaged down and again, luckily I can break even at 18p, which I think in the next 12/18 months is achievable. I was recently in zakopane Poland, I was pleased to see the dominos brand present yet in a small shop, but there it was. Soo I was surprised to see the shop opening times were only fri,sat,sun and not all week, limited hours as well. It’s a busy town in the south of Poland, prices were roughly 40% cheaper than here. For such a branded huge European name it was a shame there was no posters or flyers promoting domino’s.it needs more coverage imo. Regards H.
That was a very positive trading update and thought the share price would have reacted better than it has today!!!
Should be back 40p in normal markets but these are not normal markets. I feel realistically per the unloved LSE that should see a rating of 15p or so and trading between 12 to 15p after updates but my sense is don’t count it - Let’s see. Could be vulnerable to an M&A like Domino EU recently which of course will the SP up to figure closer to fair value. GLA.
North Again 🤪
And now moving south - grrrrrrrr
Maybe get a take over like DP Eurasia?
Already up more than 20% since your stupid post inside 6 months, maybe your a dud living in the past rather than investing in the now and the future (which is investing is by definition). Moor’s long gone and a new team are in and they are delivering as evident from the recent numbers.
The trend is your friend, volume is picking up and so is the SP. Could this be the start of getting back to 40p finally. The numbers are good, I feel 15p would be nearer fair value in these lowly P/E troubled markets.
I think there's an error in the RNS. Either that of they've somehow "lost" PLN3.8m of Polish LFL sales in Q3!
According to the RNS, total Polish sales in 3Q23 increased 7.1% YoY from ~PLN51.4m to PLN55m and the corresponding LFL sales supposedly increased 14.1% YoY from ~PLN47.6m to PLN54.3m. However, barring the closure of any outlets YoY, you'd have expected total Polish sales for 3Q22 (~PLN51.4m) to be the LFL comparitor for 3Q23. It's not.
I've gone back and analysed the figures for FY22 (which is quite difficult because of the haphazard nature of the disclosures in FY22 - they didn't always release quarterly updates and some updates were in GBP rather than PLN) and it would appear that total Polish sales in 3Q22 were ~PLN51.5m and the corresponding LFL sales were ~PLN51.4m.
QED I think they have used the wrong comparitor figure for LFL sales in 3Q23 and that LFL sales in 3Q23 actually increased only ~5.6% not the stated 14.1%. Nevertheless an increase is an increase, particularly in the current economic climate, and is not be sniffed at. Plus, the YoY increase in their total Polish sales in October looks very promising (October sales already amount to ~43% of 4Q22 sales!).
(Alliance News) - DP Poland PLC on Tuesday said sales in Croatia and Poland rose, touting its business transformation.
DP Poland is the London-based operator of Domino's pizza stores and restaurants in Poland and Croatia.
Like-for-like system sales in Poland rose 14% in the third quarter year-on-year, and 35% in October to a new monthly record. In Croatia, total system sales climbed 30% in the third quarter compared to a year ago, boosted by new store openings in the prior year.
Chief Executive Officer Nils Gornall said: "We are seeing the benefits of our focus to build a high volume mentality business; delivering a compelling value proposition for our customers based on fantastic quality pizza delivered quickly."
He added that the Croatian business also continues to trade well, with the most recently opened store already surpassing initial sales expectations.
"It's fantastic to see the business begin to capitalise on the potential of the markets we operate in, but this is only the beginning, and we expect performance to continue improving," CEO Gornall said.
Monty.
Yes - a very impressive performance across all metrics - key is food and labour costs under control so they cannot be far from a breakeven revenue number (difficult to understand from this update) with high fixed costs of store operations.
More excellent progress, we should be heading back to to 40p + days where we were before. Very undervalued at 8p that’s for sure.
SUPPORTIVE DATA FOR PREVIOUS POST - MUAT BE WORTH MORE THAN 8p / SHARE.
(Alliance News) - DP Poland PLC on Tuesday emphasised its focus on improving business profitability and reaching positive cash flow, as it posted a narrowed pretax loss for the first half.
DP Poland is the London-based operator of Domino's pizza stores and restaurants in Poland and Croatia.
For the six months to June 30, DP Poland reported a pretax loss of GBP1.6 million, narrowed from a loss of GBP2.2 million a year prior.
Revenue, meanwhile, increased to GBP21.0 million from GBP16.6 million. System sales were up 25% to GBP21.4 million from GBP16.6 million, which DP Poland attributed to a third store opening in Croatia, as well as store network optimisation in Poland.
In Croatia, the transition of the Croatian currency from the kuna to the euro at the beginning of the year contributed to weaker sales in January. However, DP Poland noted that the market returned to double-digit like-for-like sales growth from February, delivering an average weekly order count per store above 1,100. This sets an "aspirational benchmark" for the Polish market, it said.
Direct costs were GBP16.3 million versus GBP13.5 million year-on-year, while selling, general, and administrative costs came to GBP3.6 million from GBP2.7 million.
Looking ahead, DP Poland expects to see a "continued improvement" in profitability as it grows sales. The firm said it was confident that "the drive for order growth and network expansion is the key to success", and maintained that "the improvement of business profitability and positive cash flow is the prime goal for the entire team".
"The results we have achieved position the company firmly for ongoing market share expansion. This growth will be fuelled by continued operational excellence, enhancing our digital solutions for customer orders and internal processes, and maintaining an unwavering commitment to our customer value proposition. We anticipate that these efforts will lead to the creation of new sales records for the company, and continued improvement in [earnings before interest, tax, depreciation and amortisation]," said Chief Executive Officer Nils Gornall.