Member Info for GAZKING72

Which suggests they see value in current share price and they are the best placed people to see that

Why significantly higher on ex div, will drop by the div % the following day as the value of the company decrease by the drop in cash? It needs a good trading update to move the SP, that will also see the shorts closing which will further support a move upwards.

It needs a good trading update to move the SP.

A close above 1616 short term resistance would be a good sign that a recovery has started.

So next year will get adjusted to the upside as you have to assume there forecasts for next year didn't have this in again!

Its supplier credit income which increases cost of sales and reduces profit not top line turnover so doesn't suggest the business in terms of market share but less profitable for the time frame in question.

Its 21% drop in profits - £140 to £110m (£30m drop) not 60%

Would think it would be limited to this year on the basis they have identified the issue in the last period of the year so the accounting from P1 should be okay and more importantly the foreword outlook / forecasting doesn't have this error baked into any forecast models.!

Or they may accelerate it due to the low share price depending on cash positions, if they see value in the current SP they should be buying back now!

Because it is just timing, the £30m supplier credits will likely be recognised in future periods in the new year, the issue that I can see is a control issue so for me this is oversold.

Can i borrow your crystal ball.....lol.

Given there year end is August and they highlighted the issues after there own review would suggest its not a UK issue.

There is no question of the materiality at £30m but all things being equal does not equate to a drop in MCAP of £500m, I think this is an isolated accounting / control issue but lets see, one thing is for sure the FD needs to have a look in the mirror as clearly does not have the correct controls in place but for me there is a disconnect between the current SP / MCAP assuming its a £30m error.....who is to say there aren't "errors" going the other way in the UK business, i suspect there will be some balance sheet provisions being released that weren't required (probably never required) to off set some of this issue in America.

Should be circa 20% down, worst case 30% assuming no other issues.

Still 5% but looks like shorter's are starting to take profits, way over sold imo.

Less competition for Dominos and more market share so good for Dominos but not great on a macro level.

No they were not...read the RNS

Of course its a reason for poor sales, there are less people out therefore less foot fall, yes they may sell more cold drinks but from a smaller volume of people and average SP will be lower v Foods.

Who is interested and talking.

Clearly not a qualified one though!