"Despite more tasty trading figures, LSE:JE.:Just EatÂ served up a timely health warning today for investors swept up by the euphoric rise of this @GB:UKX:FTSE 100 upstart.Shares have been at a record high as recently two weeks ago, giving the ..."
Just (eat) as I thought excellent results but.....screwed by the Aussies & Kiwis.
· Orders up 26% to 172 million
· Revenue up 45% to £546 million, up 30% on an organic basis5
· uEBITDA1 up 42% to £164 million
· Non-cash impairment charge of £180 million recognised against Australia & New Zealand goodwill
· Excluding the non-cash impairment, profit before tax of £104 million
· Adjusted basic earnings per share6 up 38% to 16.8p
· Net operating cash flow up 72% to £167 million
· Statutory loss before tax of £76 million; basic earnings per share loss of 15.2p
Future looks very good, so no panic at this drop, I am holding
If not aboard then an opportunity to buy in this dip.
Broker Forecast - Goldman Sachs issues a broker note on Just Eat
By StockMarketWire | Fri, 28th July 2017 - 11:30
Goldman Sachs today reaffirms its conviction buy investment rating on Just Eat (LON:JE.) and cut its price target to 870p (from 900p).
"Just Eat (LSE:JE.)Â This share price looked pretty doomed for a few days earlier this year but we've a sneaking suspicion Just Eat still intends go up a bit before any calamity sets in.Â Regular readers will be aware of our GaGa nonsense, the ..."
" Just Eat (LSE:JE.) This share price looked pretty doomed for a few days earlier this year but we've a sneaking suspicion it still intends go up a bit before any calamity sets in. Regular readers will be aware of our GaGa nonsense, the ..."
Ha ha yes...what do we know eh?!
Director piling in here too so will have to wait for the froth to settle. Some shares have a certain market appeal that i called "blessed" and the market can see no wrong, these shares move exuberantly upwards on thin valuations propelled by tomorrows jam.. JE. has this quality.
So back to the drawing board for me on this one for now!
...seems very positive, but I worry about all the sales this week prior to the announcement of last year's earnings, which is due on Monday, and also an extremely high P/E ratio. Might be tempted to buy in after a considerable dip, but it's too high for me at the minute.
<b>Just Eat PLC 66.3% Potential Upside Indicated by Jefferies International
Posted by: Amilia Stone 15th December 2016</b>
Just Eat PLC with EPIC/TICKER LON:JE has had its stock rating noted as Reiterates with the recommendation being set at BUY this morning by analysts at Jefferies International. Just Eat PLC are listed in the Consumer Services sector within UK Main Market. Jefferies International have set their target price at 1000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 66.3% from the opening price of 601.5 GBX. Over the last 30 and 90 trading days the company share price has increased 34 points and increased 51 points respectively.
Just Eat PLC LON:JE has a 50 day moving average of 567.13 GBX and a 200 Day Moving Average share price is recorded at 495.09 GBX. The 52 week high for the stock is 623.5 GBX while the year low share price is currently 319.6 GBX. There are currently 677,341,423 shares in issue with the average daily volume traded being 2,788,570. Market capitalisation for LON:JE is £4,138,556,095 GBP.
Just Eat PLC is a United Kingdom-based operator of digital marketplace for takeaway food delivery. The Companys segments include United Kingdom, Australia and New Zealand, Established Markets and Developing Markets. The Established Markets segment includes Canada, Denmark, France Ireland, Norway and Switzerland
These both look to be broadly sensible deals which should help shore up market share in two of Just Eats key territories, helping to drive economies of scale and strengthening the group's presence here. Its consistent with management's strategy, and looks like it will be largely funded from internal resources, so at first glance a positive development for the business
Important message from the Financial Conduct Authority:
Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse.
This could lead to an unlimited fine and up to seven years in prison.
If you have any information, concerns or queries about market abuse, click here.
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited.
You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong.
Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.
The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements.
Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in.
Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.