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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Just Eat Takeaway

December 2020

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:
  • JET
  • Price:
  • 9290p
The shares soared to £100 for the first time after Just Eat Takeaway (JET) hit the ball out of the park with Q3 order growth soaring 46% leading to “a widening gap to its competition in key countries like the UK and Canada”, while “Australia was the fastest growing territory delivering triple digit order growth.” The group has also started aggressively strengthening the competitive positions of its legacy countries. In spite of this it has “maintained strong growth in EBITDA.”The integration of Just Eat and Takeaway.com is on track while on 7th October the US$7.25bn acquisition of Grubhub was approved, with completion expected to occur in H1 2021.We highlighted Just Eat at 444p in ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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