JE > IAG + RR + M&S !

[monabri]

In one of the papers ( This is Money) it points out that the market cap of Just Eat is now greater than the combined value of International Airlines Gp , Rolls-Royce, and M&S. The finger of blame is (partly) pointed at Covid-19.
But what a parlous state when a company that delivers food on the backs of scooters is worth more than these 3 companies.

"Investors are now navigating a world in which one of our biggest defence contractors, Rolls Royce, is worth barely more than a firm making tiny toy warriors (Games Workshop)......... and a company owning three European airlines, including our flag-carrier BA, is ranked lower in the pecking order than a fast food delivery business."


https://www.thisismoney.co.uk/money/mar ... kdown.html

[dspp]

the market cap of Just Eat is now greater than the combined value of International Airlines Gp , Rolls-Royce, and M&S.

Moderator Message:
Relocated to Share Ideas as being more suitable. Please do not put posts of this nature on Company Share News. Thank you. dspp

[Wizard]

In one of the papers ( This is Money) it points out that the market cap of Just Eat is now greater than the combined value of International Airlines Gp , Rolls-Royce, and M&S. The finger of blame is (partly) pointed at Covid-19.
But what a parlous state when a company that delivers food on the backs of scooters is worth more than these 3 companies.

"Investors are now navigating a world in which one of our biggest defence contractors, Rolls Royce, is worth barely more than a firm making tiny toy warriors (Games Workshop)......... and a company owning three European airlines, including our flag-carrier BA, is ranked lower in the pecking order than a fast food delivery business."


https://www.thisismoney.co.uk/money/mar ... kdown.html

Is the thinking in the article that JE is over valued (opportunity to short)? Or is it that the others are oversold (buying opportunity)?

[StepOne]

But what a parlous state when a company that delivers food on the backs of scooters is worth more than these 3 companies.

I'm not even sure it does that. It's just a software platform isn't it? The deliveries are all done by the restaurants and JE takes a slice.