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Crazy prices the morning .... what is happening?
The start of Amazons main aim for their retail site.
A strange but possibly beneficial expansion from traditional food delivery?
"You can now get a mascara delivered to your front door via Deliveroo, as well your go-to curry.
As of today, Boots has launched a pilot partnership with Deliveroo to make the delivery of health and beauty products faster.
After reporting an increase of online sales by 85% during the height of the pandemic and all lockdowns, Boots are looking to bridge some of the gap that’s been created by the public’s surge in online shopping.
Initially, 14 stores will be included in this offering, with major cities like London, Edinburgh and Nottingham being covered."
https://metro.co.uk/2021/08/24/boots-launches-new-partnership-with-deliveroo-15142971/
nice to see above ipo this morning
Good for you at least the scenario looks better now. Not just in terms of prospectively stunning Q3 trading figures in the offing, but the Amazon & Delivery Hero stakes. Plus Just Eat are spending a fortune on developing their Delivery side & may be thinking Roo thoughts! I'm really pleased that those employees etc who got preferential allocations in the IPO are now looking like getting their heads above water at last. It was no fault of theirs that the IPO was so dreadfully handled.
Glad I didn't cave in and sell my ipo allowance. Will be interesting to see how this plays out in the long term.
How can it be a steal? It was a steal when it dropped from the IPO price down to the 230s/240 prices...that was the time to get in, to buy back in on the rise back up to the IPO price. Now it hopefully carries on and beyond for those that bought in on the IPO to make some money too..
1.5p away from hitting the IPO price.
We all know this is now going to attract the big boys. Getting in at the IPO price is a steal.
No it won’t, it will sky forward now. Where are all the people who were really mad mouthing this company now?
We are just about to hit the IPO price and there is so much left in the tank. Take a look at their last results and combine that with us heading into peak season. Their next results are going to be phenomenal. 500p is a given.
If you ask McDonalds, KFCs, Tim Hortons employees about Deliveroo, they will tell you that they are on fire with home orders. Unexpectedly I heard students are the ones hammering orders!! What the heck? Some are even happy to buy a single hash brown and pay the £5 delivery - bonkers.
The point is that Roo is on fire. I am curious to see what Amazon do with this.
I have my own ideas on deliveroo but an interesting read all the same for anyone interested, particularly as the Ipo price is so close...but always make your own financial decisions..only you can decide what's right for you..
https://www.fool.co.uk/investing/2021/08/15/deliveroo-share-price-heading-for-500p/
GLA
Or if Roo don't want it! It depends how much they see Roo as a strategic fit.
Its the sign we have all been waiting for. Q3 results are going to be well ahead of expectations.
Delivery Hero could make an offer IF the Roo board want it.
Watch this space.
Where are the eco-warriors and cave dwellers now? Many have realised that delivery of take-aways by bike is not only cost efficient, but massively reduces Roo's carbon footprint!
I've considered this, but think there is still some profit to be had, albeit that I doubt I'll be putting any more dough into it and the profit will be pretty slim
Everyone watching that weak support to form strong at 374ish…next stop ipo price?
Can order some take away whilst you watch :D
Not much point buying and selling at 390p. Most smarter people will look at likely q3 outcomes. Q3 include 11d of euro2020 as well as the entire olympics, so in my view will be about as good as q2. Many won’t come off the habit of ordering food in post pandemic, besides the chances of yet another significant lockdown is defo in the cards. Cv19 is a respiratory thing, which always gets way worse during autumn and winter. And as with flu jabs, it’s hit and miss. I can only see this go significantly over IPO opening. My 10p worth. The actual value of ROO is IMV alone determined by what a suitor is prepared to pay for it.
Certainly some newer investor would have been shaken out to sell
I would think a lot of people who invested at IPO will remove their money when they've broken even. Thoughts?
Yes. Just sat tight and watched tv
Oh dear
Inevitable. And about time.
It would not surprise me if it gets back to its flotation price in the next few days
master class in manipulation just taken place