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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Just Eat

December 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • JE.
  • Price:
  • 750p
The shares soared after online food delivery market-place Just Eat received bid approaches from two sources. First up last July was Dutch rival Takeaway.com, which offered 0.09744 shares for each share (implying c.724p take-out price at the time). Technology firm Prosus (owned by South African internet and media conglomerate, Naspers) then tabled a cheeky 710p all cash offer. This was immediately rejected by Just Eat, which has recommended the Takeaway.com offer but analysts say Naspers has a US$20bn war-chest and could return with a higher bid.Shareholders will also have to consider the growing competitive threat of rivals building their own delivery fleets, forcing Just Eat to match them with the large capex outlay threatening to ...

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Related Articles

Just Eat Takeaway (October 2020)
Just Eat Takeaway - All share bid for Grubhub (August 2020)
Just Eat (January 2020)
Just Eat - Bid approach lifts shares (September 2019)
Just Eat - Target price raised 100p to 1150p (May 2019)
Just Eat (March 2019)
Just Eat (October 2018)
Just Eat (May 2018)
Just Eat - Hungryhouse clearance triggers upgrades (December 2017)
Just Eat - Online market place for take away food upgrades forecasts (September 2017)
Just Eat (July 2017)
Just Eat - Jefferies puts out £10 price target (April 2017)
Just Eat - Shares soar to new highs (September 2016)
Just Eat - Online market for takeaway deliveries to grow sales 122% by 2018 (July 2016)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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