Updates

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.

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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Bovis Homes

Marstons

Just Eat Takeaway (October 2020)

Just Eat Takeaway - All share bid for Grubhub (August 2020)

Just Eat (January 2020)

Just Eat (December 2019)

Just Eat - Bid approach lifts shares (September 2019)

Just Eat - Target price raised 100p to 1150p (May 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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