Jim Cramer is Telling People that Domino's Pizza is a Technology Company

I was going to do a nice podcast about Memorial Day weekend until I walked downstairs and saw on the TV that Jim Cramer is apparently telling people that Dominos Pizza is a technology company now. I guess he is trying to justify the company having a 26X multiple and nearly 6X EBITDA in debt. This represents the absolute worst of the worst and I go on a rant about it, also trying to hold Mr. Cramer’s feet to the fire on past market manipulation statements he’s made and his propensity to have a long bias while hypocritically acting like short sellers are the worst thing in the world.

 

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Comments

El Oregonian OpTwoMistic Sun, 05/27/2018 - 12:04 Permalink

Jim "Carnival Carney" Cramer to me represents the worst in human depravity as his sole purpose is to con you into believing that his word is worth something. He should be remembered as an afterthought... You know, like that piece of toilet paper that is stuck onto the bottom of your shoe that you picked up from one of those dingy roadside gas stations...

He should not be remembered as anything more...

In reply to by OpTwoMistic

libertyanyday Sun, 05/27/2018 - 00:54 Permalink

Remember its the Mad Money SHOW..........this disclaimer allows his rather absurd statements at times....
T
There is way to much currency looking for a return.............the PE's are beyond understandability.

ZIRPdiggler Sun, 05/27/2018 - 02:05 Permalink

Oh my god everybody knows Cramer is a total hack. PE's are where they are because of international investment. Where else, in the entire world, is capital going to go? That's why Peter Schiff was dead-wrong about the course of the dollar.  the $repat proved him wrong wrong wrong. He will never admit that though. The world will gradually stair-step, as needed, into less shitty assets over time, as conditions degenerate, working its way through all the fiat currencies, before finally going into metals. EVERY currency has to fail first. Purely a function of mass, geo-political psychological.

ZIRPdiggler Sun, 05/27/2018 - 02:09 Permalink

The gold shills never point to anything except domestic data to support their case.  If the rest of the world is hurtin' worse than the U.S. (and, it most definitely is, especially Europe) 'murican equities start looking mighty good.  It's kinda like the U.S is the ugly chick at the bar; with enough liquor, (or in this case, QE) the rest of the world starts thinking it's a good idea to bed her.

NuYawkFrankie Sun, 05/27/2018 - 02:19 Permalink

Witnessing ANYONES descent into terminal insanity is NEVER a pretty picture...

...but - as should be obvious to even the most casual observer - 'Jimbo' went "off the rails" quite a while ago now... finally finding solace in that land where everything is 'PE/EBITDA' - "Perennially Excellent / Even Before I Take a Dopamine Assist".

Fare Thee Well, Jimbo... may the call of the cuckoo sound as a 'Symphony of Angels' to thine ears... and we pray that pink popsicles appear to point the path to thy personal "Paradise"....

jin187 Obamanism666 Sun, 05/27/2018 - 07:28 Permalink

They actually already have Twitter ordering.  You link your Dominos account to your Twitter handle, setup certain orders to be triggered by keywords, and from then on, all you have to do is tweet them the keyword, and it automatically places your order.  You can do the same thing with texting, or with the various personal assistant devices as well.

In reply to by Obamanism666

the artist Obamanism666 Sun, 05/27/2018 - 12:24 Permalink

Anyone seen the robot pizza company that just got $50M in VC cash???

It is such a joke. The three robots they have do almost no work while the support staff work frantically to keep up. Each station is 30 secs...

1. Man #1 takes flattened dough and places it perfectly within some target on the assembly line. (time consuming task)

2. Robot A poops some sauce on the dough (easy task done faster by humans)

3. Robot B spreads the sauce using a dildo looking device. (simple task done faster by humans

4. Man #2 references the order slip and places all the toppings on including cheese. (hardest job there is done by human)

5. Robot C uses a spatula to lift the pizza from one assembly line to another that leads into the oven. (easily skipped entirely by consolidating the assembly lines)

6. Human removes pizza and loads it into carriers. 

 

While we are on the subject. The whole pizza game is low IQ low skill stuff. What do we do with roughly 15% of our population with a sub 80 IQ when all those jobs are done by robots? 

Hint*-Your not allowed to talk about that.

In reply to by Obamanism666

jin187 Sun, 05/27/2018 - 07:24 Permalink

Economics aside, this guy is right.   I worked for them a number of years ago, and Dominos had technology 10-15 years ago that other places are just now getting.  Their logistics, and policies for employee management and customer service are way ahead of the curve as well, although you might not notice it depending on the plebs that work in your local store.  Too bad their pizza tastes like shit, which is why they'll never get Pizza Hut off the top spot in terms of market share.  Not that Pizza Hut doesn't taste like shit as well, but their food is nothing but bulk processed grease and salt, and that's what sells when it comes to cheapest possible pizza connoisseur.

Arnold jin187 Sun, 05/27/2018 - 07:50 Permalink

Using Tech is not being Tech.

Walmart, at one time had a lean green logistics machine, mostly done in house.

My gas and the electric company just installed 5G smart meters.

None are Tech.

Christ, aside from the cloud storage and data sifting, Amazon isn't Tech.
Just an updated Sears Catalog.

In reply to by jin187

RedBaron616 jin187 Sun, 05/27/2018 - 17:41 Permalink

Domino's has passed Pizza Hut! At least in my area, Domino's has $8 3-topping large pizzas every day. Blows Pizza Hut's prices out the window.

https://eu.freep.com/story/money/business/2018/02/21/dominos-pizza-hut-sales/359106002/

Domino's new recipe is really good. Pizza Hut can never remember what kind of tomato sauce they used last time. Sometimes it is sweet; sometimes tart. If you can't be consistent, why are you in business? Oh wait . . .

In reply to by jin187

nmewn Sun, 05/27/2018 - 07:33 Permalink

"...Jim Cramer is apparently telling people that Dominos Pizza is a technology company now. I guess he is trying to justify the company having a 26X multiple and nearly 6X EBITDA in debt."

I've talked to my people. Don't sell Dominoes! There is nothing wrong with Dominoes!

Roger Ramjet Sun, 05/27/2018 - 07:57 Permalink

When your job is to fill several hours of airtime everyday, you end up saying a lot of stupid things.  Call it diarrhea of the mouth, for that's the value of what he dishes out most of the time.

Schooey Sun, 05/27/2018 - 08:38 Permalink

This is funny because if you watch their commercials they are trying to sell everything but pizza, its about their new building or the boxes they fold or that you can get another one if you drop it, but its the absolute worst garbage pizza , worse than Little Coarsers. Why do they even have Dominoes in NYC? There is actually good pizza here. Dominoes would be my last choice in pizza. Would only bother is starving to death. 

Schooey Sun, 05/27/2018 - 08:38 Permalink

This is funny because if you watch their commercials they are trying to sell everything but pizza, its about their new building or the boxes they fold or that you can get another one if you drop it, but its the absolute worst garbage pizza , worse than Little Coarsers. Why do they even have Dominoes in NYC? There is actually good pizza here. Dominoes would be my last choice in pizza. Would only bother is starving to death. 

Mazzy Schooey Sun, 05/27/2018 - 10:16 Permalink

I grew up on Little Crappers, but they actually staffed the stores back then and they churned out a good product that you could go grab in 3 minutes for $5 a pizza.  Now they under staff the stores and the product is either stale on one end of the scale or burnt to the point of not being able to tear it with your teeth on the other.

The Dominos local to me isn't bad, and they have cheap enough deals for a small party.  Even still the past few months I've just been making Spaghetti or Tacos for my guests when it's my turn to host.

In reply to by Schooey

Mazzy Sun, 05/27/2018 - 10:12 Permalink

"In my opinion, this is the worst of the worst from a guy tasked with helping retail investors and those with limited financial acumen."

That says it all.  (((They))) could not have chosen a more fitting figure for the task of warping the minds of retail investors. 

Just think of all the people (((Cramer))) helped convince buy Bear Stearns a day or two before it's evisceration.  Cramer and (((his buddies))) were almost certainly on the short side while they told television watchers to Buy! Buy! Buy!

Rhal Sun, 05/27/2018 - 12:57 Permalink

Kramer is worth listening to.

His failure record is so high that you can get wealthy doing the opposite of what he says.

An obvious mouthpiece for millionaires who need him to pump before they dump.