Updates

Just Eat

May 2018

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 fell out of bed after full year results unveiled a 45% increase in revenues to £546m. That comfortably beat consensus forecasts of £525m, while underlying EBITDA and eps rose 42% and 38% respectively to £164m and 16.8p. But investors were spooked by new guidance that due to significant investment in 2018 (in brand, developing markets and delivery logistics, partly to ward off increasing competition in Australia and New Zealand) 2018 headline EBITDA will be £165m-£185m versus original forecasts for £215m-£235m.Just Eat, the largest online marketplace for delivering takeaway food, reported a 19% increase in orders in the UK, leading to a 28% rise in revenues and EBITDA to £30 ...

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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 (March 2019)

Just Eat (October 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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