UK 20:29 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
The Register today reports on an incident at Just Eat (JE.) which appears not to be a one off and suggests that the Company's attitude to data protection is bordering on the reckless. The one incident now sees Just Eat suffering an official investiogation but the victim says that other women have now contacted her and so this could be just the tip of the iceberg.
I bought a few Just Eat (JE.)for a trade recently on the basis that the share price fall on the news of the standing-down of founder and CEO David Buttress was probably overdone. The shares have continued to drift and I have sold out at a small loss and opened a short at 500p
Earlier this week, I covered Fevertree and noted that despite the extraordinary earnings multiple attached (100x the most recent six-month result), I thought a portfolio of similar companies might do reasonably well over the long-term. Of course, this would require that we succeeded in finding at least a couple which did fulfill their organic growth potential – not easy – and held them for the long run. This morning brings interim results from Just Eat (JE), and the features are somewhat similar.
With some businesses you need to include a fair bit of value for high growth rates, but in the case of Just Eat (JE.) I think it is currently over-valued.
