Where to start ...
This forum is for both long and shorts. I would say $80 to $40 in less than a year on a blue chip is a solid return
At $80 a share you were probably in the crowd touting this to $100 a share ... it throws any and all accounting discipline out the window. It's nothing but utter hype. Why was DMP going to be worth $10Bn, earning <$100M NPAT at the time .... you say I talk crap ? Talking a pizza company from a PE of 70 to 100 is crap ... Why would it be worth 3-6 times the PE of McDonalds, Pizza Hut, Taco Bell ? Please explain @marcop11
As to one less than perfect report ? Didn't they announce 28% NPAT growth ? And that still wasn't enough to impress the market
Have you actually looked at the accounting of some of their profits, or just going off the presso numbers ?
They pretty much have to sustain this growth YOY to remain reasonably priced. Even now they are on a PE of 30-35, 50% more than most fast food peers
They were hyped up on tech fantasies and now reality has hit home and the fiancials are all that matters ...
Is this thread solely for ramping DMP to $10Bn market caps ?
As for Little Caesar's being "minuscule" competitor:-
http://www.nrn.com/blog/most-underappreciated-growth-restaurant-country
"Here’s a quiz: Which restaurant chain has seen its market share among the largest concepts more than double over the past five years?
"The chain’s system sales have grown from $2.9 billion to $3.4 billion over the past two years, according to Nation’s Restaurant News Top 100 data. Little Caesars has consistently added units every year, and as of the end of 2014 has nearly 4,100"
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