Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Thanks FTSE. Never certain with Motley Fool predcitions, but think they are right about long term dividend payments, better than ISA rate and share price most likely go one way, even if that is slowly up. This is one product that is just about recession proof, suffering only from increase in upstart companies. Interesting to see what the plan is for London area with new partnership.Nothing released yet as I am aware, just enougth to knock 15pence off share price.
And congratulations to Peel Hunt on their recent broker recommendation a couple of days ago, from 3.50 to 3.00. They were almost smack on, except the wrong way. I know it is a prediction for a year ahead and may well be the outcome, but you would be pretty annoyed if you unloaded at £3.10 on their recommendation on Monday to see this happen today. Just shows you they are not always right. GLA.
As I predicted, price falls on expectation of bad news, then rises when results are bad, but not as bad as they could have been. Net result is share is about the same price but some people have made a killing in the engineered 30 to 40 pence drop. It will be a rough ride ahead with talk about takeovers, but worth buying back at £3.00
Hopefully it has, but either way, a good turnaround. I do thinj the bottom was 2.55 or so. Cant see it back at near £4 for a long time, but 3 to 3.25 is achievable. With share buy back scooping up and hopefully the shorters buying back..We need a break, bought in too early, but think I will break even soon. GLA
Nice thinking, but I do not think the share price has anything to do with the sale of pizzas. Funny old world. Well oversold, realisation that in these difficult times, this company makes hard cash. Or maybe, it has gone so low that rumours are starting about a possible takeover. Somebody knows something.
I quote from ADVFN. Do not think that there theory holds water. More on that Investec 'sell': We believe Domino's Pizza faces a number of challenges with rising competition, increased price discounting, new store cannibalisation and a weak consumer environment likely to continue for some time. In this context, we believe consensus estimates are overly optimistic on LFL sales growth of c.4% for FY17-19; our earnings estimates are c.4-8% below for the period. We initiate with a Sell recommendation and set our DCF-based target price at 271p. Pizza Hut (PH) has been discounting aggressively – we estimate it has an average bundle deal discount of c.41% compared to Domino's Pizza (DP) at c.34%. Domino's has responded by introducing two new national bundle deals, with an average discount of c.50%, suggesting a sustained period of lower gross margins. Domino's is targeting 1,600 stores in the UK (currently 950) with two thirds of the new stores set to be area splits. This has resulted in existing store cannibalisation, causing an LFL volume headwind accelerating to 2.4% in Q1 FY17. The consumer backdrop is changing, while Domino's core customer base of 18-34 year olds are becoming increasingly value driven, which could limit any future upside to gross margins. Furthermore, increasing health consciousness could put further pressure on volumes – the most popular Domino's pizza is the Pepperoni Passion at 1813 calories, 91% of a woman's recommended daily calorie intake and 73% of a man's in the UK.
I admit this anexdote was quite interesting, but not sure how much this will affect a 6 billion pound company. Do not own this stock any more but follow it, nearly bought in again at £3.08, greedily waiting for £3, Think this will be down if the pound drops and chance to get in then. GLA
Tomorrow's headlines, Hung Parliament affects sale of pizzas. With a footnote, only between 8am and 10pm on the 9th June, then it was thought that the sales may not be so bad after all and back towards normality. Hope somebody has made a killing out of this. There are more ups and downs thanan Alton Towers ride.
Obviously the prospect of a coalition government is not going to sell many pub meals and people will stop going out and drinking. Either that, or market manipulation. There was a buying opportunity early on, managed to get in at 6.92 so all is not lost. Just wait for the next nit of bad news and we will be back again. Cant believe I sold this out at 7.50 to 7.60 and thought that I had sold myself short. Good luck everyone. Just remember ,the most you can lose is everything.
Dont want to say I told you so. It's as if some people are manipulating the market. Luckily I didnt sell at 3.10 a few days back. All sold out now at a good profit. This is a share price that is going nowhere. Once the dividend has paid out, it will be back down and I will be back in when the price drops dramatically. However, in fairness, said the same about Easyjet , but that is another story.
Nims Been off this topic for some time, I was trading this share up to a month back, trading on the volatility. Seems to have stabilised at £3 for some time now so I am out. Managed to clear over 6K so cant complain. I do think logic goes out of the window and shares move on market sentiment, unrelated to company performance. GLA
I read the same report, it is a few weeks old now. The only change is that the SP is now about 20% down so this may represent even better potential. This is a stock that will be little affected by any fall out from brexit. Food inflation will not cause much of a problem as the ingredients are a fration of the retail price. Digitisation of the business supports the customer profile. May be a bit more of a trading update at the AGM later this month. Any sign that the initial slowdown in the first nine weeks has been reversed will give a substantial boost. There is support around 304, can't see it going sub 300, however that is very much in the hands of those who manipulate the market. What goes down must go up.. sometimes GLA.
I agree that this is market over reaction. Feel certain that this is driven by those in the know wanting to buy in lower whilst punishing existing shareholders. Once speculation dies down, there is no reason why we should not see a steady though volatile rise to 350 over the coming weeks. Anyone wishing to invest in the new year could pick up a bargain as it will surely beat 1% in a cash ISA. We have had brexit rammed down are throats and this along with restaurants and pubs will not feel too much of a pinch, Sure, people will tighten their belts and there will be problems with food import prices and labour market, but not reflected by this 20% drop in share prices. I would be more concerned in high value consumer goods, kitchens, cars, expensive high street clothing brands and the like. These are areas where families can make massive savings by delaying purchases, not saving £20 on pizzas. Wait and see, GLA investors.