Just Eat Share Discussion Threads

[rimau1] 20/5/2019 07:16

Whats your view here now Elcap, how low does this go? I am looking at building a long term long position

[cryptotrade] 19/5/2019 19:33

While we want capital gains from Uber and DeliverooHave a read of this unsustainable model.https://antidotesforchimps.com/2019/02/16/the-unethical-greed-of-deliveroo-and-uber-eats/

[cryptotrade] 19/5/2019 19:32

EL careful else I'll clause 11 again.If you post, address it to someone, else you're talking to yourself.

[elcapital2018] 19/5/2019 12:48

Well, i think you are wrong. So do others

[cryptotrade] 19/5/2019 08:51

JE lets not forget is a leader. Others are trying to break their market. They're struggling. JE has huge market in smaller towns too. Personally they're fine. They will get purchased by Uber I'm sure and Deliveroo which is a different market will eventually be purchased by Amazon.The founder has a vision, once he's got there he will see to Amazon.

[rimau1] 18/5/2019 12:32

I didn’t mean deliveroo taking JE, i meant JE merging with another player.

[elcapital2018] 18/5/2019 11:25

I think deliveroo will not need to take JUSET EAT , as JE will now fall by the wayside. I think this move will hurt JE more than i initially thought.

Everytime Delieroo is menitoned, and it is mentioned a lot over the news in the last 24 hours theyre also mentioning the dark kitchens. Its massive positive news for delieroo and a kick on the balls for JE. Can see this at 500 in the next week or too now

[rimau1] 18/5/2019 08:50

I’m cautiously optimistic that this was a decent entry price to begin to build a long term position. Clearly the structural drivers are there and the positive to take from Amazons investment in deliveroo is that it could and should speed up M&A here. What better way to respond to deliveroos expansion than by merging JE with another global player.

[elcapital2018] 17/5/2019 18:50

The dark kitches is the problem The more they get known the more the concern will increase.

[this_time_its_different] 17/5/2019 18:48

Yes but all great businesses have competition, the problem is not competition, it's the stickiness of existing customers. If your customers are w-h-o-r-e-s and keep multiple apps, there is no loyalty. Out of all the food delivery apps, Deliveroo looks the best, in terms of design and food choice. Just Eat can hold up, but they need bring on chains fast. I sold out at 682p, cos I knew it was going to get bad before it gets better.

[elcapital2018] 17/5/2019 14:12

It is going to face major competition now thts for sure. It could go bust, not saying it will. The dark kitchens arent great and will hurth their business the more it gets known

[this_time_its_different] 17/5/2019 14:08

Stock looks seriously underpriced, Just Eat will retain some kind of market share, it's not like their business is going to go bust.

[elcapital2018] 17/5/2019 13:34

from FT




Amazon has led a $575m funding round into Deliveroo, making the investment after talks between the London-based food delivery app and Uber broke down last year.

Deliveroo said on Friday that Amazon was the biggest investor in the funding round, which also saw it raise money from existing investors T Rowe Price, Fidelity and Greenoaks.

The deal comes after Amazon last year shut down its own food delivery service, Amazon Restaurants, in the UK.

The investment will help Deliveroo compete with Uber’s delivery service, Uber Eats, and UK-listed Just Eat. The three are locked in a fierce battle for share of the UK market.

Deliveroo said in a statement it would “invest heavily” in its technology team in London to build new products while Will Shu, founder and chief executive, said it would use the money to grow and offer more choice to its customers.

“Amazon has been an inspiration to me personally and to the company, and we look forward to working with such a customer-obsessed organisation,” he added.

Deliveroo, which was founded in 2013 by Mr Shu, a former investment banker, was valued at $2bn in a funding round two years ago and was seeking a valuation as high as $4bn in its talks with Uber last year. It did not disclose a valuation for the latest funding round on Friday.

As one of the first companies to build a takeaway app that uses its own couriers, rather than relying on restaurants to deliver food themselves, Deliveroo has been seen as one of the more innovative businesses in the sector.

It was also the first to launch bricks-and-mortar kitchens, or “dark kitchens”, where several restaurants cook food for delivery. The model has since been copied by its rivals.

“We’re impressed with Deliveroo’s approach,” said Doug Gurr, Amazon’s UK country manager. “Will and his team have built an innovative technology and service, and we’re excited to see what they do next.”

Deliveroo more than doubled its revenues in 2017, the most recent year for which financial information is available, but has also increased its operating expenses and posted losses of almost £185m that year, compared with £129m in 2016.

The company now operates in 14 countries and more than 500 cities, with around 60,000 couriers on the platform. It has faced considerable controversy over its treatment of couriers, which it classes as self-employed rather than workers entitled, in the UK, to the minimum wage and holiday pay.

[elcapital2018] 17/5/2019 13:33

Amazon did support a fund raise for deliveroo too. Think JE. can live through that though

[elcapital2018] 17/5/2019 13:26

that said mot much support until 550 on the chart, but im happy with 100 points....again

[elcapital2018] 17/5/2019 13:18

NOt much, it ran ahead of itself. I was only here for 100p loss or so. More and more competition in the field too. I will be closing in 20-30 ps time unless it crashed quicker! I dont expect a crash, but who knows.

[this_time_its_different] 17/5/2019 13:17

What is wrong with this stock?