Just Eat Takeaway.com (#JET) – “intention to delist from London Stock Exchange”
- 2024-11-27 07:59:59
UK 09:41 Sunday, 27 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
I said back in October last year that “I'd rather order and eat my own toes” than buy shares in Just Eat Takeaway.com (JET). Since then, the stock has gone up and down despite a generally pretty good performance by the boring old FTSE 100, but today’s Q1 trading update tells me that you still don’t need to involve yourself as an investor with this business (but feel free to use its, not particularly cheap, services for a home delivery if you wish).
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.
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?
