Thanks for the feedback.
Agreed my original calculations were wrong as I hadn't included the tax benefit on the interest (NPAT increases by 30% of the interest cost).
Grasshopper also raised that my interest on borrowings of 5% was too high compared to DMP's current interest on borrowings which works out to approx 1.5% per annum. It makes you wonder where they are borrowing their money for 1.5%. You wouldn't think it is in Australia, as there would be no margin in it for Australian banks. If the money is borrowed from overseas, then perhaps Dominos then has a currency risk on the loan?
If Aussie companies can borrow money at 1.5% per annum, you would think they would all be gearing up big time and doing buy backs.
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Thanks for the feedback. Agreed my original calculations were...
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Last
$32.71 |
Change
-0.440(1.33%) |
Mkt cap ! $2.865B |
Open | High | Low | Value | Volume |
$33.10 | $33.19 | $32.60 | $3.084M | 93.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 22 | $32.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$32.71 | 93 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1932 | 42.440 |
2 | 2404 | 42.420 |
2 | 2266 | 42.380 |
1 | 2021 | 42.360 |
1 | 314 | 42.350 |
Price($) | Vol. | No. |
---|---|---|
42.480 | 2682 | 2 |
42.490 | 2045 | 2 |
42.500 | 4838 | 3 |
42.510 | 3713 | 3 |
42.520 | 1147 | 1 |
Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
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DMP (ASX) Chart |