DPC DASH (01405) rose 7.81% in early trading and now reports HK$78.70, with a turnover of HK$22.6581 million.
According to the 13F report of Buffett's Berkshire Hathaway, it bought 3.7% of Domino's Pizza's tradable shares in the third quarter. It is worth mentioning that according to the latest official disclosure, the total number of Domino's stores in China has exceeded 1,000. Wang Yi, CEO of Domino China, said earlier that it will be possible to open at least 5,000 stores in the Chinese market in the future.
Earlier, Guojin Securities released a research report stating that it maintained the “buy” rating of DPC DASH (01405). The bank believes that the company has an outstanding competitive advantage in the pizza category. It is currently in a period of rapid store expansion. The net profit of 24E~26E is 0.019/0.043/0.199 billion yuan, adjusted net profit of 0.11/0.16/0.32 billion yuan, +1145%/+50%/+95% year-on-year.
