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Results: JET

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EPIC JET
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Will I ever buy shares in Just Eat Takeaway.com? I'd rather order and eat my own toes!

I probably use the delivery services of Just Eat Takeaway.com (JET) about once a year, as a bit of a family treat. And, so far, it has done a pretty good job, but you certainly could not describe it as good value or as absolutely necessary. Meanwhile in share ownership land, I have never regarded the stock as even being of moderate interest. Whilst it is up about 1% today following the publication of its Q3 2022 trading update, a more relevant move is the c. 80% fall during the last year.

EPIC JET
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I hope you never bought Just Eat!

I may have used Just Eat Takeaway.com (JET), the “multinational online food ordering and delivery company”, once for a family treat. I only did so, however, when it was giving a special offer to new users. I'm sure you'll guess why the share is down 55% year-to-date, and 75% over the last year - despite there being more customers since Covid.  So, what should investors think about the c. £4 billion market cap company?

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