If you’d invested in: Just Eat and Dialight

If only…

Just Eat share price chart

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 share price chart

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”.


  • Cliff Williams

    While Just Eat may have done well and risen with everything else, the risk was that either Google or Facebook simply out-competed them with a their own app or platform OR Barclaycard (who has a printer terminal in every shop already) simply went against them. Thus the systemic risk was high on this trade. It was never the slam-dunk implied by the article.