Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I'm told there is a new broker calling over £6.00 - hence the upward path. BUY BUY
Now I know I am missing some profits - but I would not want the huge risk people are taking with this share! The marc/cap is over 70 times the profits just declared! Impossible! I have not yet bought -can't risk it!
hmmm....this share continues to amaze me. a m'cap. of 2.35billion! I have never shorted a stock before, but would be tempted to begin here. just seems so overvalued to me?
The mcap here realistic with profits of £32m?
Looks to me like its forming a "head and shoulders", and given I for one can't see how JE can grow once the novelty wears off, maybe a good short ? Or am I just out of touch with modern day eating habits. What happens if the restaurant chooses not to accept the order. Why give away 12% if they are busy, and what happens to JE revenues if the restaurants action a buyers strike, until the 12% margin is reduced. Is there anything unique about this, what stops competition jumping on board if JE does prove there is a market.
Just Eat’s beat: The finance guy doth protest too much in claiming Just Eat has “a core focus on being incredibly boring”. Mike Wroe knows the online takeaways group is one of the most exciting companies to list recently. Maiden full year numbers confirmed that reputation. Earnings before interest, tax and whatevah beat estimates, almost doubling to £45.9 million. The forward earnings ratio for the company, which charges takeaway Owners 12% commission on orders placed via its website, is about 70 times. To justify that, Just Eat needs to increase profits four times faster than the average listed company. Just Eat reckons Britons gobble takeaways worth some £8 billion yearly. That compares with its sales of £157 million. But “addressable market” estimates are imprecise and include revenue that is forever beyond reach. In Denmark, where more than 50% of takeaways are ordered online, against 30% in the U.K., Just Eat’s growth shows signs of stalling.
From 2013 growth of 513% to 2014 growth of 131%.
What's the P/E ratio on this? I personally would want a greater return for my money. I won't be investing here.
Does this answer your Question : Revenues up 62% to £157.0 million (2013: £96.8 million) · Orders up 52% to 61.2 million (2013: 40.2 million) · Underlying EBITDA1 up 131% to £32.6 million (2013: £14.1 million) · Basic earnings per share up 553% to 9.8p (2013: 1.5p) · Adjusted basic earnings per share2 up 200% to 4.2p (2013: 1.4p) · Operating cash flow up 98% to £38.1 million (2013: £19.2 million), representing 117% of Underlying EBITDA · Continued investment for long-term growth
Glad my prediction on Tue 09:22 was correct. SP is now back on the uptrend, however for me the opportunity to buy might have passed and it's risky buy at the moment with results day coming up.
rodderses - I am waiting for the results personally. I cannot see how this company can have such a high mcap on no numbers. They would have to be earning really well to justify current share price. I can see this dropping like a lead balloon on results day. That's when I will buy (When the share price is realistic)
Will the results next week (17th) be a good thing? At least they should a answer some of my questions and help me decide whether to invest.
From the drop last week, It appears the moving averages have crossed signalling a downward trend in the short term. If still making profit today, possibly selling to enjoy the profit. Imo,the sp will go down to 330-335p.
Dominos pizza reported today a strong takeaway market .This fits for me with seeing many more Just Eat signs as reported previously. BUY
Sorry - stupid figure in my last post. A dividend of a notional 1% would cost £21 million. That would need profits of say £42 million. Would that then need a turnover (for commission purposes) of nearly £1 billion? I must be wrong! But where and why?
Please read my earlier posts as to why I am not yet able to invest in this share and read the reply from Guesstimation last month. There is no valid information from the company and its BOD or its RNS's that can possibly see this share worth a value of £3.77 or total value of £2.25 BILLION! No doubt it is heaven for the day traders and brokers..... but for real Private Investors? I still feel it is a glorified listing for an online waiter taking 10% commision from take-aways - with little substance. Will it be reporting profits of at least £500,000 and dividends giving a yield of a least 3% in the near future? If I am mis-informed and wrong - please tell me what I am missing.
Its a sceptics nature, I will not commit to an investment unless I am certain the company has substance to support the valuation. However, I will take short term positions based on cycles and news coverage of certain shares. With companies like JE. and QPP, I wouldn't feel comfortable leaving my money in there for longer than a week because I am not certain they have the substance to support the share price and would be prone to a tumble (e.g. ASOS)
In reply to the various previous posters I have just reinvested part of my portfolio in shares like Just Eat. ie. shares with high price targets or shares currently trading low with future potential. Having said that I invest my portfolio widely and thinly and tend to go after small but quick profits with a fast turnover of different share transactions. Some I win, some I lose, but do think this company has great potential.
Thank you Guesstimationfor a very helpful reply. I am not a person who does "shorts" etc. I will wait and watch with very great interest. I find it very hard to think the eventual financial results, when published, can support this huge market capital. That is why I am SO surprised by brokers with targets giving a market cap of almost £3 billion.
Guesstimation - Why do people like you and so many others buy shares and then spend their lives talking them down?So many other site posters do this e.g. Quindell. Sell your shares and get a takeaway life is too short.
I believe it is a momentum share. People are buying due to the fact Just eat are agressively marketing and and they are a very visible company, that along with the constant rises mean people are very eager to buy. Their orders do look good, but i don't think they will be able to justify a market cap of 2bil for much longer. When a share is in the growth stage, people are excited and buy based on the potential growth allowing a much higher share price and P/E. Once the company reaches maturity their is no excitement and therefore investors will see the company differently. I think just eat could go higher do to this, but as soon as i noticed hedgefunds starting to short, i will jump on board instantly. I would be very surprised if the mkrt cap is this high in a year
And just to follow my reguest for help - can someone explain why the only figures the company gives out (eg the RNS of 14/1/15) are not financial but just statistics on how many orders they have taken (ie, orders for 2014 were 52% higher than 2013). Perhaps Manuel does their figures as well. I think I will have to wait for the real figures with £ signs until 17th March before I can make a buying decision!
I have friends who have JE shares and suggested I buy. But I cannot see how this company can have a market cap of over £2billion (or how brokers can suggest a target of over two and half thousand million pounds) when there are no reliable profit forecasts and no suggestions of any dividends. It seems to me JE is just a glorified online waiter taking orders for takeaway restaurants for a commission of about 10%!! One hell of a valuable price on a waiter service! Enough to get all the Manuel's from Barcellona thinking of changing jobs. Please tell me where I am going wrong in being a "non believer" at the moment.
Just gone past previous high, 400 here we come. Any thoughts?. GLA
This should go past it's previous high of 349 but seeing some resistance. The recent climb has been steady which should mean no sharp fall in near future. GLA