Domino's Australia dominant in Australasia

Domino’s Pizza [DMP.AX] is the largest pizza chain in Australia, in terms of both store numbers and sales. It is also the largest franchisee for the Domino’s Pizza brand in the world.

Domino’s Pizza Australia now encompasses five countries, with more than 720 stores employing approximately 14,000 people and making more than 60 million pizzas a year.

The Domino's brand is owned by Domino's Pizza, Inc [DPZ.NYSE] a listed US company.






Domino's shares were down by 29c or 8.29% to AU$3.21 on the ASX today. Probably due to a slump in sales for the year. Profit however, was up by almost 30% compared to the previous year.


While Australian based Domino's dominate the New Zealand and Australian pizza market, it is leaving its competition in the dust.

Domino's total same-store sales grew 4.1 per cent over the last year, while its main competitor in New Zealand-Restaurant Brand's [RBD.NZ] run Pizza Hut-same store sales declined 7.1% for the 12 weeks ending 19 May 2008. That quarters total sales were $15.2 million, a decrease of 13.3% over the prior period.

As a customer one can tell the different immediately from the Domino's vs Pizza Hut experience.

Domino's generally has fast efficient friendly service, excellent pricing and a good line of pizza offerings and toppings Their pizzas and marketing are well excecuted.

It is the opposite at Pizza Hut; slow, rubbish service, unfriendly, extremely bad marketing and a disappointing menu and quality of food.

Apart from the differences above Restaurant Brands manage its pizza brand badly. I suspect much direction is from head office and the local input from sub par managers to bolster young uninterested staff to treat customers better is clearly missing.

Domino's New Zealand stores, which number 72 and will max out at 85, are franchisee run while Pizza Hut are company managed in NZ with a parent franchiser YUM! Brands Inc [YUM], based out of the US.

Having the owner running the business at store level is the important difference and another reason why Domino's will continue to kick Pizza Hut around in the coming years

The ASX-listed company yesterday announced net profit after tax for the year ending June 29 was A$11.8 million ($14.42 million), up from A$9.1 million last year.

The Australia-New Zealand market revenue for the group - which has outlets in New Zealand, Australia, France, Belgium and the Netherlands - fell from A$180.4 million to A$160.7 million.

Chief executive Don Meij said he was confident New Zealand operations would continue to perform strongly, regardless of the current recession.

"Pizza's very resilient in economic downturns. We think we're going to ride through whatever economic challenges are out there."

Domino's Australia is a well run company and a must for investors who want exposure to a listed Australasian fast food company but don't have the patience for the slack management at Restaurant Brands to get things right.

Related Share Investor reading

Restaurant Brands Pizza Hut faces further competition

The dots get the hots

Related Amazon reading

Pizza franchise operator seeks shelter of Chapter 11 bankruptcy. (Karam Enterprises Inc., Domino's Pizza franchisee) (company profile): An article from: Fairfield County Business Journal by Joan Stableford
Buy new: $5.95
Available for download now

c Share Investor 2008

Winston's $40,000,00 question

In the latest in the Winston Peter's payola scandal, a revelation made on Monday at the privileges committee hearing into Peters secret $100,000.00 donation from Owen Glenn, by Winston Peter's Lawyer Brian Henry, that he paid a $40000.00 debt owed for court costs to Tauranga MP Bob Clarkson and a subsequent statement made by Peters that he had paid the $40000 has today taken a bizarre twist.

Peters has come out this afternoon, as reported in the NBR with this statement:

"Mr Henry paid the money to ensure the bill was paid in time -- and he was later reimbursed by myself," he said in notes for a speech to members of Grey Power's Upper Hutt Branch.
"He checked his records yesterday and found this was indeed the case."

Mr Henry intended to notify the committee, which would effectively debunk claims he had broken Parliament's rules, he said.

"This issue is the last one my opponents had to go on."


This causes Peters an even bigger problem than the initial statement made by Mr Henry on Monday at the hearing, because Peters and Henry had both claimed that for 15 years Peters had a monkey no see, no hear or no listen approach to funding of Peters, and his NZ First Party. Peters claimed that this approach meant he didn't know who gave him money and in addition no bills were ever sent to Peters for legal services rendered.

Apparently records were kept of such a $40000.00 transaction, where no bills were sent and Peters paid this debt himself.

That contradicts Peters and Henry's claim made on Monday that Peters didn't know where money was coming from, where it was going to and that a distance was kept by him in financial transactions between him and his lawyer.

Just an acceptation is this case Winston, or another lie?

Mr Peters was either lying on Monday or lying today to cover up the former one.

The trouble is he has told so many fibs he probably doesn't know himself anymore.

The problem is if you live your life by constantly lying, you have to keep lying to keep the initial lie perpetuated as the perceived truth.

Winston Peters isn't as perfect as he thinks he is and he has now been nakedly caught out.

Unfortunately Both Helen Clark and John Key seem unwilling to come out and lay the political sword into his back, up to the hilt.

New Zealand voters deserve much better.


Winston Peters payola scandal @ Political Animal

Planned ignorance no defence in Peter's case
VIDEO: Winston Goes to Wonderland in Parliament
Don't let the bastard go
Dompost reels in another Peter's Payment
Winston isn't a conspiracy theorist: Yeah right!
Winston Peters lost in Wonderland
Winston Circus hangover continues
Discretion was the essential part of Vela Donation
Winston Peter's Glenn donation scandal: But wait, there is more!
Peter's hangs himself in February Paul Henry Interview
Peter's admits lying about Glenn donation
Winston's silence is telling
Labour gets tangled in Peter's lies
Leaked Glenn Email
Winston got secret donations from Owen Glenn
The Owen Glenn Story: Singing the same tune but hitting a bum note

Donations saga impacts Peters (02:00) -Related Video

c Political Animal 2008

Orange Finance collapse should turn investors red, with rage

Orange Finance, which is 100% owned by Money Managers founder Doug Somers-Edgar, is no longer issuing debentures because of its suspect lending practices.

Doug has apparently sold his interest in Money Managers and has "stepped down" from it in June 2008 but still has manifold financial interests in companies that MM lend money to. Money Managers pushed Orange Finance to its investors.

Money invested with Orange Finance has been lent to some other Money Managers or Doug Somers-Edgar vehicles that have crashed and burned and lost investors money, Money Manager's First Step and its Totara Fund have both lost investors tens of millions so far.

Interrelated financial musical chairs have also been played to pay out investors from these various financial failures and it makes one wonder which investors will truly lose out in the end.

It is unclear at this stage whether investors in Orange Finance will eventually get their money back, considering the large amount of bad loans made by the investment vehicle and money outstanding from debtor borrowers, but the company says it can repay investors on their expected maturity date.

I would advise investors in Orange Finance to keep on the tail of Orange directors and or their adviser from Money Managers who advised them to put their money into the finance company in the first place.

Don't be put in the same position as this fellow:

One investor contacted by the Sunday Star-Times said he had been impoverished by a combination of dealing with Blue Chip, then putting what he had left of his life savings - some $50,000 - into First Step.

When he received $20,000 back (he's still waiting for the rest), he followed Money Managers' advice and put it into Totara.

Relying only on NZ Super, he is now facing $1700 a month mortgage payments he can't afford because of the Blue Chip deal, and has no access to the money he has with Money Managers.

Businessday.co.nz 2008

Doug Somers-Edgar, his part or fully owned companies or their subsidiaries and Money Managers cannot be trusted when it comes to your money.

Get it out now if you can.


Related Share Investor reading

The "New" Money Manager's Investment Vehicle still tainted by its past
Don't forget Money Managers
Money Managers First Step gives investors the middle finger
Money Managers First Step saga: 3 Story wrap

Related Amazon Reading


Madoff: Corruption, Deceit, and the Making of the World's Most Notorious Ponzi Scheme by Peter Sander
Buy new: $10.17


c Share Investor 2008 & 2009

VIDEO: Winnie goes to wonderland in parliament

I'm getting sick up to the back teeth with politicians today, especially with that crooked, lying, cheating, corrupt bastard Winston Peters.

So here is some Winnie Peters stuff that you might like to look at for a laugh.

The video is from Parliament on August the 6 and is Peters giving us his take on his funding scams "through the looking glass", as if he was living in Alice's Wonderland.

Given yesterday's behaviour by Peters at his privileges committee hearing, one could be mistaken for thinking that Winnie the poo is a central character in Alice in Wonderland.

I will leave you with a quote of the day from Winston's Blog:

"There are plenty of other sites if you want to post uninformed, anonymous comments..."

Perhaps Mr Peters was standing close to a mirror when practising this line.

Winston Peters payola scandal @ Political Animal

Don't let the bastard go
Dompost reels in another Peter's Payment
Winston isn't a conspiracy theorist: Yeah right!
Winston Peters lost in Wonderland
Winston Circus hangover continues
Discretion was the essential part of Vela Donation
Winston Peter's Glenn donation scandal: But wait, there is more!
Peter's hangs himself in February Paul Henry Interview
Peter's admits lying about Glenn donation
Winston's silence is telling
Labour gets tangled in Peter's lies
Leaked Glenn Email
Winston got secret donations from Owen Glenn
The Owen Glenn Story: Singing the same tune but hitting a bum note

Donations saga impacts Peters (02:00) -Related Video

c Political Animal 2008