If you’d invested in: Just Eat and Dialight
Food delivery service Just Eat is growing nicely, while LED maker Dialight has suffered profit warnings.
If only...
Just Eat (LSE:JE) is a digital marketplace for takeaway food delivery operating worldwide. The firm, which floated in April 2014 at 260p, joined the FTSE 100 in November last year. Since the initial public offering its shares have more than tripled and its market value has surged to £5.8bn. Last year Just Eat was given the final go-ahead for its £240m takeover of rival Hungryhouse. The company is forecast to post a rise in its bottom line of 42% in the current year, followed by further growth of 30% next year.
Be glad you didn't...
Dialight (LSE:DIA) manufactures and sells light-emitting diode (LED) products for the electronics industry. Last October it warned that profits would be lower than expected due to "short-term" production issues following the transfer of manufacturing to its outsourcing partner Sanmina. In December it announced a significant number of orders were unlikely to be fulfilled, blaming an "unexpected update" from Sanmina. Its annual forecasts were also lowered from £13.5m-£15.5m to "not less than £9m".
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
-
Private school fees soar and VAT threat looms – what does it mean for you?
Rising private school fees could see more than one in five parents pull their children out of their current school. Before you remortgage, move house or look to grandparents for help, here’s what you need to know.
By Katie Williams Published
-
Best and worst UK banks for online banking revealed
When it comes to keeping your money safe, not all banks are equal. We reveal the best and worst banks for online banking when it comes to protecting your money from scams
By Oojal Dhanjal Published
-
Just Eat’s merger with Takeaway.com delayed
News The £6.2bn merger between food delivery giants Just Eat and Takeaway.com has hit a hitch.
By Dr Matthew Partridge Published
-
Just short Just Eat
Features The online takeaway platform has gobbled up as much of the market as it can, says Matthew Partridge.
By Dr Matthew Partridge Published
-
Five of Britain’s best-known $1bn ‘unicorn’ companies
Features Britain is currently home to more ‘unicorn companies’ than any other country in Europe. Natalie Stanton looks at five of the best.
By Natalie Stanton Published
-
Company in the news: Just Eat
Features The newly listed takeaway middleman has a lot of growing to do, says Phil Oakley.
By Phil Oakley Published