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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
Started: S, 29 Apr 2024 10:23
Last post: S, 29 Apr 2024 10:23
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 !
Started: Monty888, 16 Jan 2024 07:34
Last post: schjmh, 12 Mar 2024 17:47
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!!!
Started: Monty888, 20 Nov 2023 14:24
Last post: Monty888, 29 Dec 2023 10:03
North Again 🤪
And now moving south - grrrrrrrr
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.
Started: Hammer5372, 16 Jun 2023 20:09
Last post: Stormer, 28 Nov 2023 12:55
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.
It was all hyped up when Mr Moor jumped ship from running uk branch.30 odd p then .it will never amount to anything
Started: Monty888, 21 Jul 2023 09:17
Last post: TheTrotsky, 14 Nov 2023 17:58
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.
Started: Monty888, 26 Apr 2023 12:57
Last post: Monty888, 26 Apr 2023 12:57
Fair value circa 20p, previous highs of 50p. Now in 2 countries and adding outlets. Re-rating after next results likely. Sooo under the radar at the moment, won’t be forever. Looks like a strong buy at 10p
Started: hobione, 22 Feb 2023 15:11
Last post: Monty888, 3 Apr 2023 16:14
I think you’ll double your money inside 24 months. It is indeed ripe for growth, we can see a few buyers starting to notice and come in now. It’s the sort of share that will rise very quickly once it’s noticed.
Nice to be in, looked at it and thought why not. Seems under the radar with two countries with massive potential.
Started: Monty888, 25 Feb 2023 06:16
Last post: TheTrotsky, 25 Feb 2023 15:45
Croatia and Poland have a combined population of c41.65m (c74% the size of England's c56m). Population-wise, Croatia has only added c3.9m people (albeit that toursists will add to that number in the summer); so I'd question the assertion that DPP is "... a much bigger org now ...". Also, apart from perhaps head office and back office costs, I'm not sure that the combination provides for many, if any, opportunities for economies of scale - the two countries don't share a border, are about 1,000km apart and don't share a common first language. On paper, there seems to still remain significant scope to expand the number of stores in Poland but it remains to be seen whether Poland (and Croatia) can ever achieve the type of store density (stores per head of population) that Domino's has in the UK (culture and disposable incomes will play a large part). A generation (25-30 years) is, frankly, a long time to wait ;-)
DPP needs to grow its franchise operation in Poland (the key to Domino's past astronomical growth in the UK) and, to date, franchise growth is Poland has been pretty anaemic (too often it's required DPP to initially open fully-owned stores before passing them into the hands of franchisees at a later date - this incurs a lot more upfont cost and slows growth). The lack of franchisee interest to date might be down to several possible factors; the "take-away" culture in Poland is still "embryonic", food preferences in Poland (pizza may not be as popular as some other countries), lack of individuals with capital to invest, population density (Poland is 2.4x larger than England but only has c74% of the population), the degree of urbanisation (only c60% of Poland's population live in urban areas, as opposed to c84% in England).
Domino's has c1,200 stores in the UK currently (about one store for every 56,000 people). Poland has c13.7m people living in towns and cities with populations over 50,000. On that basis, the maximum number of stores DPP is likely to ever have in Poland is going to be c250 +/- 50. At the interims in September, DPP already operated "over" 120 stores in Croatia and Poland, which suggests that, realistically, it may only be possible to expand the number of stores to 2x-3x before the two markets reach full saturation. Personally, I'd like to see continued, strong double digit growth in LFL sales in their existing stores; there still appears to be significant scope to grow their carry-out and delivery businesses. In turn, the stronger their existing business becomes, the easier it will become to attract new franchisees.
I'm a long-term holder and have become a realist about DPP's growth prospects. It's nice to see a rise in the share price but I'm not going to get carried away by any hype. Provided DPP can continue to meaningfully increase the utilisation of its existing stores in the next 12 months then a share price of 16p doesn't appear to be totally beyond the realms of possibility but it won't be easy.
I hope you are right. I've been in a long while. Forecasts show £6.2 million in EBITDA for 2023 and still £1.3 million in EBIT. As time progresses, we need that growing EBITDA to translate into free cash flow and capacity for reinvestment in the business without them keeping issuing more and more shares. Current market cap is £58 million or so, which is 9.4 x 2023 EBITDA. looks very cheap provided they make progress. If they get to a store estate with hundreds of stores in Poland and Croatia (Poland is growing so strongly, frankly the average person may be as rich or richer than the UK in a generation) then why not a market cap in the hundreds of millions, too?
We are a much bigger org now across 2 high growth countries with the food prep commissions and acquisitions all converted to Dominos. We have £4M in cash to continue the role out and all the World Cup uplifts and new ad campaigns uplifts still to come. We should be on the way back to past years highs of 36p again soon. Looking forward to the next trading updates and results (Sooo under the radar right now, good to get in before the crowds find it and tip it (IC, Daily Mail etc etc).
Started: Monty888, 17 Jan 2023 08:56
Last post: chilipepper64, 17 Jan 2023 10:30
Yes it`s a strange one. Completely off radar. My biggest holding and I`m happy to wait for a decent rise one day, hopefully this year ??
This is unloved and unearthed currently but doing all the right things. Very surprised it’s not gone around 10% today per this trading update. Year end results should be positively received.
Started: Monty888, 28 Sep 2022 08:57
Last post: Monty888, 27 Nov 2022 04:30
712 million shares in issue, what are you about?
Not illiquid at at all, under the radar, not trading much, keeping a low profile “yes” illiquid “no”
I question whether a stick that is this illiquid should be listed.
Maybe the World Cup will help this share as good results don’t make any difference lol.
Really strong numbers and the momentum gets better quarter by quarter. This is how Dominos UK got going, very similar pattern. We we way smaller at 50p per share and the capital raising at 8p per share a few months back is paying off now. We must be fair value at 9 to 10p now and rising moving forwards. This is still very under the radar but will be spotted soon and there will be some good uplifts to the SP to follow IMHO.
Started: Monty888, 10 Sep 2022 04:20
Last post: Monty888, 10 Sep 2022 04:20
Getting ready to pop. Next results
Started: schjmh, 8 Aug 2022 18:50
Last post: schjmh, 8 Aug 2022 18:50
Long may this rise continue at least hold this time!
Started: Monty888, 8 Aug 2022 12:37
Last post: Monty888, 8 Aug 2022 12:37
Dominion plus Domino Poland & Croatia all in the portfolio plus excellent BOD adds all bodes well for a size up like Domino UK.“DP Poland, the operator of Domino's pizza stores and restaurants across Poland, is pleased to announce that, further to the completion of the Acquisition of All About Pizza d.o.o, trading as Domino's Croatia, the appointments of Nils Gornall and Andrew Rennie as Chief Executive Officer and Non-Executive Director respectively, will be effective immediately. In addition, Piotr Dzierzek remains as the Deputy Chief Executive Officer of DP Polska S.A. and Dominium S.A., the operating entities in Poland, but will step down from the Board as a Director of the Company with immediate effect”
Started: Monty888, 4 Aug 2022 12:07
Last post: Monty888, 5 Aug 2022 12:52
Other countries Domino Pizzas do well especially in the colder climates like we are across Eastern Europe and with Poland kindly accepting so many Ukrainians in their hour of need etc. Looks like we will fly. I note especially they say in not so many words this their last trading update “recent trading statements”
Hope 50p is a possibility soon!
Well with the 2 new businesses now adding scale, crossing the rubicon into profit is likely very close now. It’s good it was all done at a cash raising of 8p per share and I think we have a serious SP uplift coming after next results. Could we be on the road back to 50p?
Started: Monty888, 18 Jul 2022 13:33
Last post: Monty888, 18 Jul 2022 13:33
With all additional expansion capital being raised at 8p per share it’s really odd that it’s less than that to buy on the open market. With the new management team and the Serbia deal plus Polish expansion we are now getting a lot of traction and revenue is growing very fast and encouragingly. Once this gets on Midas radar and others I think we could start rising back to 50p again. Ridiculously cheat at 6p that’s for sure - GLA
Started: skid35, 15 Jun 2022 23:58
Last post: skid35, 15 Jun 2022 23:58
Options a bit generous, but at least aligned to shareholder interests in getting the share price moving.
Started: Monty888, 14 Apr 2022 10:38
Last post: TheTrotsky, 15 Jun 2022 15:07
Where do you get 40% from? The results say current trading is up c25% YTD compared to FY21. It's disappointing to see so little growth in relative delivery sales (the increase in dine-in sales is great but it's ultimately capacity constrained - by the size and number of stores - and ulimately will plateau without significant further store openings).
It would be nice to see a significant increase in delivery sales in the forthcoming months. Hopefully, we've cannibalised some of our FY21 delivery sales into FY22 dine-in sales (as we've moved out of lockdown) and the current YTD figures are masking some of the real growth in new delivery sales; working on the assumption that, during lockdown, some people who habitually prefer to dine-in opted for delivery instead and that we are now seeing that trend unwind. For example, if (say) 8m PLN of what would otherwise have been dine-in sales in FY21 became delivery sales and that trend reversed in FY22 then we'd have an (adjusted) increase in YTD dine-in sales of c42% and an (adjusted) increase in delivery sales of c19% (much more promising). I don't think the logic is flawed (I believe that there were still some Covid restrictions in Poland in the comparative period last year, like there were in the UK); it's just a question of how big the swing from dine-in to delivery was last year and how much that has unwound this year.
Yes and they are pretty good, recent trading up 40% I note. The fundraisings are all 8p for their acquisitions that tells us all SP should be 8p plus. It’s surprising really this isn’t at around 10p by now. Getting close to breakeven as revenue grows so doing all right things it seems.
Results out today
Results date not pre-published but looks like c. 22nd June looking at previous year’s results timings
That’s true monty, but still very quiet here, don’t they have results this month?
Started: Monty888, 13 Apr 2022 15:30
Last post: Monty888, 13 Apr 2022 15:30
Although inflationary headwinds on ingredients, a lot is passed on and very busy now with the spill over activity from the Ukraine crisis and also the relaxed Covid rules. Could be get back to 50p step by step. Noticeable in previous numbers they shared the recent 2 months not in the numbers were record highs, if that continues as I’ve heard it has we could have some exciting advances from now on - DYI GLA
Started: AJED, 29 Mar 2022 09:42
Last post: AJED, 1 Apr 2022 09:04
Missed that - thanks.
It was on the RNS dated 09.03.2022...there is a trading statement on 21.04.22
Next month
Thought there was supposed to be an earnings statement on 28 March - yesterday. Why wasn’t there one ??
Started: methuselah, 24 Mar 2022 13:13
Last post: methuselah, 24 Mar 2022 13:13
There are some nibbles at the ask price. Who knows?
Started: methuselah, 3 Feb 2022 22:53
Last post: ijr1, 24 Mar 2022 13:06
Has been quite on here over the last month, but finally off it’s low’s and going back in the right direction, has been a tough hold at times but looking forward to the next update.
This stock is far too everything...
This stock is far too illiquid..
Let’s hope they have the price right this time lol
Apparently the eat in stores are booming now, Covid restrictions relaxed and thousands of Ukrainians are coming in.
Raised a lot capital recently at 8p / share. This will have its day, it’s getting better all the time. As covid becomes a thing of the past it’s well set to start back in the 40p+ direction it was before. It will take several year but I expect a good solid upwards trajectory after or around next results.
This share price drop is shocking...the price before the merger was annouced was 7.5p and now 2 companies merged and its now less than DPP was before the merger...back to where is was 2 years ago...where is this heading; back to an all time low of 4p?