Just Eat Takeaway.com N.v Share Discussion Threads

[mortal1ty] 03/11/2022 17:38

What you smoking...

19th August - "It will retain the transaction proceeds to maintain its balance sheet strength and to service repayment s of its upcoming debt maturities."

They already announced they will retain the cash. A lot has changed over the past year... we are going into a severe recession, retaining cash in the business is prudent and in our best interest.

Furthermore, they should get c. 1.8bn EUR of cash from iFood. Their total debt at HY was 2.2bn EUR. They had 880m EUR of cash at HY. This means they would be net-cash of c. 400m EUR... and currently forecast to be profitable / breakeven.

So wtf you on about... game over for current shareholders.

[m_kerr] 01/11/2022 16:08

things must be worse than i thought - they originally said half the ifood disposal proceeds would be distributed to shareholders, but they've now gone back on that and said they'll be keeping the money. if they run out of money it may be effectively game over for current shareholders, as the days of free money are over for the time being at least.

i called it around a year ago but i think there will be further business failures in the sector. i can only see the sector being sufficiently profitable if there's maybe one or two players.

i also think the step to directly employing drivers was a major mistake, and made the business much higher risk and less able to benefit from operational gearing. a classic case of higher competition driving down returns for all incumbents.

i do think JET will survive and eventually be in a position to recover.

[31337 c0d3r] 19/10/2022 08:26

Don't get too excited. The most recent half-year figures, for example, showed a €3.5bn loss.

[deanmatlazin] 19/10/2022 08:19

Good trading statement. More than £1billion will get into the account soon. Positive cash flow.

going up to £20

[davethehorse] 18/10/2022 14:14

Wrong board t#at

[moonshine3] 18/10/2022 12:05

Three bidders RNS for shanti gold

18 October 2022

Shanta Gold Limited

("Shanta" or the "Company")

Statement regarding possible offer

The Board of Shanta Gold Limited ("Shanta") notes a recent press article and confirms that it has received approaches from Shandong Gold Group Co., Ltd ("Shandong"), Yintai Gold Co., Ltd ("Yintai") and Chaarat Gold Holdings Ltd ("Chaarat") which may or may not result in an offer for the Company.

Whilst discussions are continuing with each party, there can be no certainty that an offer will be made, nor as to the terms on which any offer might be made. Further announcements will be made in due course, as appropriate. In the meantime, Shanta shareholders are advised to take no action.

Under Rule 2.6(a) of the City Code on Takeovers and Mergers (the "Code"), Shandong, Yintai and Chaarat must, by no later than 5.00 p.m. on 15 November 2022, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code. This announcement has not been made with the consent of Shandong, Yintai or Chaarat.

[king_baller] 27/9/2022 14:48

Been on my radar to short since volatility restarted. Nice over the top bounce to short. On news they might not make a loss in the second half. Wonderful. If things go to plan perfectly and we avoid a major recession they might have a PE of 1000. They also lowered 2022 growth forecast to the low single digits from the mid single digits. Not even a growth stock really, and only hoping to maybe break a profit. 10% rise - yes please!

[topazfrenzy] 20/9/2022 09:27

Strange dump on no news, someone offloading ..

[topazfrenzy] 19/8/2022 21:15

It's about the competition going bust so yes the cash may well make it the one that survives

[deanmatlazin] 19/8/2022 15:43

you are right as well. so...forget £40 :(

like pouring water in a leaky tap !

[31337 c0d3r] 19/8/2022 15:26

£1.5 billion in cash will neither save them nor fix the business model.

The most recent half-year figures, for example, showed a €3.5bn loss.

[deanmatlazin] 19/8/2022 12:08

will receive £1.5 billion on cash.

Grubhub selling is in negotiation now.... another £1 billion + cash, this will deffo go up to £40/share.

[deanmatlazin] 19/8/2022 11:55

I agree. Grubhub selling will propel the share price up to £40/share. can double up from here

[topazfrenzy] 19/8/2022 11:30

If they sell grubhub then it could double from here

[topazfrenzy] 19/8/2022 11:16

UP 35% as I type

[topazfrenzy] 19/8/2022 08:35

iFood stake sold for up to 1.8b Euro

[masurenguy] 04/8/2022 13:35

Just Eat’s optimism is hard to swallow

Just Eat Takeaway.com is now two times larger than it was pre-pandemic.” Or so says its boss, Jitse Groen. A squint at the share price tells a different story. It’s down from a pre-corona £77 to £16.62 — a £13bn drop in market value. And now? Well, up has popped Groen with the half-year figures, starring a €3.5bn loss. The key reason? A €3bn writedown on Grubhub, now cheapened up nicely for sale.

It’s hard to disagree with RBC Capital analysts, who “expect the competitive environment to remain intense and lack confidence that JET can consistently deliver in line with expectations”. On recent form, the opposite view would be difficult to swallow.



No position.

[topazfrenzy] 04/8/2022 12:03

Goldman Sachs raises Just Eat Takeaway.com price target to 26 (25) EUR - 'buy'

[topazfrenzy] 29/7/2022 08:57

Amazon results were well received last night, it's soaring 14% pre-market ....

Will they help themselves to another chunk of Grubhub to get a proper foothold in the sector?

[realbernie] 22/7/2022 16:12

Grr I don't know how to delete my comments!

[king_baller] 22/7/2022 09:48

Looks like a bounce due to delivery hero results, which were slightly below expectations but claiming they’ll be break even in Q3. Not sure the bounce in JET is justified. Just eat have just cut 390 jobs in France, citing “challenging market dynamics”. I don’t expect just eat’s results to be positive.