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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Just Eat

March 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:
  • 704p
The shares rallied after Just Eat said revenues for FY’18 will be slightly ahead of previous expectations at c. £780m versus forecasts of £740m-£770m. Underlying EBITDA will be between £172m-£174m versus £165m-£185m.The group, which provides an online market-place for takeaway food delivery, also provided guidance for FY’19 of revenues of £1-£1.1bn and underlying EBITDA (excluding Brazil and Mexico) of £185m-£205m. The latter are expected to lose £80m-£100m.Encouragingly, it expects EBITDA margins to grow year-on-year (versus previous flat guidance) with recently acquired Canadian own delivery business, SkipThe Dishes, expected to report ...

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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.

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