Will I get there? 30 p to go.
Edit
Looks like I might have to put my money where my mouth is.
27p to go |
door dash up 25% after hours. no reaction here |
At the risk of boring you .37p to go |
Market on the bounce today... could see ROO heading back to the 146 to 150 region |
Only 38p to go! |
Down to the ground : down to the ground
Next week or next month it will definitely rise up to the phoenix . Looking for 185 to pack it in. cheerio |
The last update sounds upbeat |
The chart looks pretty bad…. Abysmal…in the abyss. … |
The chart looks pretty bad…. Abysmal…in the abyss. … |
Just thought it was slightly related to ROO |
Delivery Hero leads losses on Dax, down over 10%[11/02/2022] 10:50:00Delivery Hero saw its share price plummet by more than 10% on Friday while leading the DAX in losses, down 0.65% at 11:47 am CET. Analysts point out Delivery Hero's guidance for 2022 as the main reason for the adverse market reaction that started yesterday, Thursday.In addition, the German group announced a deal whereby Delivery Hero became the owner of Glovo, increasing its stake from 39.4% to 83.4%. However, most of the remaining shareholders have decided to convert their Glovo shares into Delivery Hero shares, while 5% remain as stockholders of the Catalan company.Delivery Hero shares were down by 10.26% at 11:51 am CET, selling at 41.72.KEYWORDS:DELIVERY HERO | GLOVOBaha Breaking the News (BBN) / JGA |
Seems to have support I'm early 140s |
Down 5.5p today. It doesn't seem to have hit the floor yet |
We knew the director's share sale was for tax purposes, the issue was the timing - the day before he releases a trading update! Smacks of insider dealing, and at least suggests an expectation of the shares tanking after the trading update.
Also the fact that he never pays for them through savings or salary, suggests he doesn't expect the share price to ever be this high again. |
Oh dear exotic. If you had bothered to do a bit more research, such as watching the trading update presentation (on deliveroo website) you would have seen that it was in fact addressed by the CEO and director.
The EU commission proposal is years away from being implemented, and they do not think that deliveroo workers would fit the criteria to be reclassed as employed. Even if they were, they would just have to adjust their model in those countries at that point. The director did not make any proceeds from the share sale as it was for tax purposes.
Anyway, I am investing heavily at this point, I agree with your post from 2 weeks ago saying this could easily go up 100% or more from here. This industry is not going to just disappear, and Amazon will not want to give up this growing sector to their rivals. Sorry for your loss. |
Laptop15, as I'm sure you know, it's falling off a cliff due to the EU labour ruling.
Despite the fall, I wanted to give the company a chance to address the ruling, suffering far bigger losses waiting for the scheduled trading update but, unlike JET, ROO didn't address the ruling, didn't even try to spin it. The only conclusion you can draw from that is they have absolutely no defence. After scanning through the trading update I dumped what was left at a huge loss.
Note the director selling shares the day before the trading update!
You would have to be mad to invest here now.
Don't be fooled by MM tricks, shaking the price up in the mornings to make it look like the bottom has been reached, pulling the mugs in.
The company is loss making and the business model is now unviable. Except perhaps for the branding, customer accounts, and current cash reserves - there is no longer any value in this company, which is on its way to the penny share club. |
They're not delivering a very good share price ? |
Anyone buying here?? Seems silly cheap to me now!! |
my £1 is coming! |
sr2da I was thinking more like 30-40p would be a fair price. |
Yep, another one that saw me coming, lol. Praise the Lord for the limit on purchasing !! |
no more arguing.the share price speaks for itself.see you at 60p. |
I'm not short. Shoot the messenger if you wish - it's your funeral.
But why would I need to spend any more time looking at it unless something changes in their essential business offering? It's selling £20 notes (the operating costs and a mark-up to make a profit) for £5 (or what they actually charge, give or take).
Until that changes, the prospects and ultimate outcome stay the same. |
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