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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Domino's Pizza - Strong like-for-like growth continues

May 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DOM
  • Price:
  • 345p
Since our last update, Domino's has produced strong full-year results followed by Q1 trading figures for 2010, helping maintain the uptrend in the shares. For the year to 31 December, Domino's increased pretax profit 28% to £29.9m while eps rose 27% to 13.8p. This came largely thanks to an 8.4% jump in like-for-like sales for its 501 mature stores. During the year it opened 55 new stores, taking the total to 608. Meanwhile, in spite of the bad weather in January, Domino's latest update for the quarter to 28 March was also very encouraging with like-for-like sales up 10.5%, while the company opened a further 8 stores in the period.The shares, which we last buy-rated at 196p in February '08, have performed well. But w ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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