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ROO Deliveroo Plc

130.80
0.20 (0.15%)
Last Updated: 09:35:26
Delayed by 15 minutes
Deliveroo Investors - ROO

Deliveroo Investors - ROO

Share Name Share Symbol Market Stock Type
Deliveroo Plc ROO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.20 0.15% 130.80 09:35:26
Open Price Low Price High Price Close Price Previous Close
130.50 129.70 132.70 130.60
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 06/7/2022 09:16 by blackhorse23
Investors eyes on CURY , FY results & dividend declaration tomorrow , could see another hike next few days!
Posted at 20/1/2022 11:01 by rrb
Looking at net profit for a company that is focused on acquiring more customers and growing revenues is truly moronic. The bears should keep shorting. This thing is going to be multiples or current price in the future. They can cover then. How long did Amazon or Tesla take to make a profit?

Seriously, UK investor forums are full of really clueless ‘investorsR17;. Why spend so much of your time trashing a stock? If you don’t like it, move on.
Posted at 16/1/2022 20:43 by kw9143
Deliveroo Q4 results – Thursday

Deliveroo’s stock market debut on 31 March last year went down as a disaster, with the Financial Times calling it “the worst IPO in London’s history”. On their first day of trading, Deliveroo’s shares closed 26% below their listing price of 390p. After clawing their way back to 396.80p in August, the shares have fallen to record lows, closing at 177.50p on 13 January. At present, there is little sign that investors are about to rediscover their faith in the business, despite forecasts of revenue growth. In 2020 Deliveroo generated £1.2bn in revenue, and the company appeared to be on course to beat that in 2021. Consensus estimates are for full-year revenue to grow 56% to £1.9bn. In Q3 Deliveroo raised its guidance, saying full-year revenue would grow 60-70%, leaving estimates for gross profit margins unchanged at 7.5-7.75%. Yet despite these predictions and new delivery tie-ups, the shares have continued to struggle. Deliveroo has seen orders surge thanks to its deals with Amazon and Morrisons, but strong competition in the food delivery market and falls in the share prices of its nearest competitors have dampened sentiment. In August German rival Delivery Hero bought a 5% stake in Deliveroo and now probably wishes it hadn’t, given the stock’s sharp decline in recent months. On top of this, a key concern for investors now is rising costs, as inflation edges higher and workers expect pay rises. As investors await the company’s Q4 update, many will be hoping that the ongoing pandemic and official advice to limit contact with others in December led to an increase in Deliveroo orders, potentially boosting the company’s Q4 numbers. But will that be enough to lift Deliveroo’s share price?
Posted at 14/1/2022 16:06 by crazi
Where's the bottom...? Just falls 5% per day / most days. No support.

I would have thought the original large Investors would have jumped in to average down...
Posted at 06/12/2021 11:41 by 31337 c0d3r
Looks more like a race for founding investors to get their money out before it becomes a penny share.
Posted at 13/8/2021 20:50 by leadersoffice
Because the city weren't impressed with the figures. Those greedy hedge fund managers and all those idiots who posted relentlessly mocking the company as worthless. Strange that those same people are very quiet !!!Probably cause they knocked it down sell me cheap and sell for a fortune later. They think the public investor are idiots .... No where not.... Many retail investors have been making a mint post May 2020. Rant over. But enjoy genuine holders
Posted at 13/8/2021 07:51 by genierub
Have people forgotten how Amazon owns a decent chunk of Roo. I'll propose a bet - Amazon will leverage the Roo logistics network to start doing direct to door deliveries of products ordered on demand.

It would appear the IPO price (390p) will finally see its return today, which is a very bullish sign for large investors.

Enjoy
Posted at 29/4/2021 15:34 by ashleyjv
Maybe or it could be that potential investors are waiting for this share to bottom out before piling in (I think that it has bottomed)
Posted at 07/4/2021 16:34 by waldron
Deliveroo shares rise on first full trading day despite strike

By
Terry Clark -

7th April 2021


Deliveroo shares have climbed higher on their first day of full trading despite the start of a rider strike over worker rights.

The takeaway delivery operator saw shares increase by more than 3% to 290p in early trading on Wednesday, before edging back slightly.


It is the first day that retail investors have been able to trade shares in the business, however institutional investors have been able to trade in the stock since conditional trading started a week ago.


Last Wednesday, shares in Deliveroo plunged by around 30% as large fund managers raised concerns over its shareholder structure and working conditions for riders.

Retail investors don’t appear to have lost their appetite for Deliveroo despite the severe bout of indigestion suffered by the company when institutional investors began trading last week – Susannah Streeter, Hargreaves Lansdown

The start of retail trading came as socially distanced protests were held by riders in cities including London, York, Sheffield, Reading and Wolverhampton.

The Independent Workers’ Union of Great Britain (IWGB) said its members are calling for decent pay as well as improved employment rights and safety protections.

Shares moved higher despite the strike as the 70,000 retail investors who took part in its London float decided to hold on to their stock.

Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “Retail investors don’t appear to have lost their appetite for Deliveroo despite the severe bout of indigestion suffered by the company when institutional investors began trading last week.

“Like a fateful round of Monopoly, they were locked out of selling their shares for a week, while the company’s initial valuation fell sharply.

“Now they finally have a ‘get out of jail’ card, but it seems for now that many have kept it in their back pocket, waiting it out for prices to stabilise.”

Nevertheless, Deliveroo shares are still around 28% below their launch price of 390p per share, which would have valued the business at £7.6 billion.

As of midday on Wednesday, the company had a market value of around £5.3 billion.

Despite concerns over rider conditions, leading fund managers largely said that the primary cause of their caution over the stock market float was its shareholder structure, which will give significant power to its founder Will Shu in shareholder votes.
Posted at 01/4/2021 10:31 by maxk
10:10am
Deliveroo rival Glovo raises $528m for food delivery

As if Deliveroo didn't have enough headaches..

Glovo, the Spanish delivery app, has raised 450 million euros ($528m) in a fundraising round that will help it expand its quick-delivery service and grocery operations in Europe.

Investors Lugard Road Capital and Luxor Capital Group led the round, which also included investments from German delivery app Delivery Hero, Drake Enterprises and GP Bullhound, the company said.

Glovo will use the funds to expand its Q-Commerce unit, which is responsible for grocery and retail deliveries as well as “dark stores,” which are small warehouses that let Glovo quickly fill orders for goods from particular retailers.

It’s a similar strategy to dark kitchens, which can produce food for take-out in neighborhoods where a restaurant wouldn’t be viable. In the biggest cities where Glovo operates, the company said it can make deliveries within 10 minutes using the Q-Commerce network.

The deal comes at a challenging time for delivery apps as investors begin to question whether they can sustain growth rates that surged during Covid-19 lockdowns when shops and restaurants were closed.

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