Disclaimer: This is not financial advice, it’s merely my own research and trades.
APE – Eagers Automotive is coming up to dividend mid-March. We all know that the motor industry has undergone never to be repeated profits, in some cases 10 times. This next Dividend should be pretty good, then probably go south from there. We also know the horizon is dim and profits will start falling as early as second quarter 24. So I’m dumping this and other motor industry stocks for better returns and growth elsewhere.
BRN – I recently purchased Brainchip. This is an AI stock, doing some good things in Automotive safety, health and wellness, real time vital sign prediction, industrial and home & consumer. I Purchased @ 0.15 late last year and in Feb 23 it was 0.64 cents. Fair Value listed at 0.256. It went BOOM today up 21%. not sure why!!! https://brainchip.com/
Buy Low Sell High!!
DMP – I’m confident that I will make some DOUGH out of this Domino’s Pizza trade. Purchased last week @40.60 when the market overreacted to some disappointing news from overseas trade. This is what they had to say!!
Domino’s Pizza Enterprises announced sales growth in Germany/Australia/NZ, and a positive operational performance in Europe have been offset by negative H1 Same Store Sales in Japan, Taiwan, Malaysia, and France, which are weighing on the broader business. Management is focused on growing weekly orders and franchisee margins, based on successes in ANZ and Germany, and is moving quickly to apply similar approaches in all markets. The Company’s H1 preliminary NPBT is expected to be between $87-90m. This is below H1 FY2023 ($104.8m), but higher than the preceding Half (H2 FY2023, $74.4m). The preliminary result for the 26 weeks ended 31 December 2023 is based on underlying earnings and remains subject to audit review and finalisation
After reading the market update, their financials and the investor call notes, I went for it @ 40.61. I’m thinking that in 2020 during the Codiv market collapse, the stock traded as low as 47.28 from a high of 64.07. In September 2021 the share traded for 162.12 when everyone was at home buying Pizza during Covid. Today Domino’s closed at 41.67. Even if they folded- pardon the pun- Calzone!! The company would still be worth 56.57, thats a 27% uplift. So if you like pizza, order now and support big All’s Stockpile!!
International Analyst’s on DMP
Fill Ya Boots!!