Updates

Just Eat Takeaway

October 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.

Shares in Just Eat Takeaway shot to a blistering new high of £93 after it released sparkling interim results with revenues rising 44% to Eu 1 billion, while adjusted EBITDA jumped 133% to Eu177m.Following the merger with Dutch group Takeaway.com, the enlarged entity has performed well in regions including the UK, Germany, Canada, Netherlands, Australia and Brazil. Over the period it processed 257 million orders, representing a 32% increase year-on-year driven by strong accelerated order growth in Q2 20 as the pandemic encouraged more stressed punters to order in.Jefferies has a price target of £108. Hold. ...

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TMI Trader Portfolio - October '20

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 (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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