Deliveroo ๐Ÿ”๐Ÿ•๐Ÿ›ต - ยฃROO - Share Chat

Hi how did this work out? Were you able to transfer from Equiniti to FreeTrade?

Freetrade support said itโ€™s not yet possible to transfer shares.

OK thanks. I was hoping this will become a possibility during the free transfer window. Ah well.

I wonder where the bottom of this stock isโ€ฆ Still falling :thinking::joy:

2 Likes

I think this still has scope for a rise โ€ฆwhen we hit the next lockdown

Assuming there is another lockdown. Apparently Boris would prefer the bodies piled up in the streets than employ another lockdown.

3 Likes

If there was another lock down it will be from a new virus and the share prices may be the last of our concerns :grimacing:

If they couldnโ€™t turn a profit when we were all locked in our homes and relied on them I donโ€™t think this roo is due to bounce as high as it launched.

4 Likes

it would be interesting to create a poll for restuarants delivery drivers and ask them which service they use, just eat / deliveroo / uber eats / grub hub / etc, i heard that just eat charges too much and so restuarants and delivery drivers have moved from it to other services, here is some statistics from 2019 2021 Food Delivery Service Statistics You Need to Know | Beambox

Whereโ€™s the convo in here?

Dead.
A bit like the Deliveroo stock price :face_with_hand_over_mouth:

3 Likes

Very good! We have to wait this one out. Good things come to those who wait. Unless youโ€™ve ordered food I. Which itโ€™s more than likely cold

4 Likes

This post sums up deliveroo for me. In other words not worth investing. Im out.

3 Likes

Up 6% today on back of a court case.

6 Likes

Still an avoid from me

2 Likes

itโ€™s a positive move and Im sure we will see more rises

2 Likes

Iโ€™m with @Coolsmp - I want my investments to feel less parasitic and with some kind of a moat. I mean this not to sound like a hot take and Iโ€™m far from a 100% ESG investor but -

  • They lost money in a pandemic when people were locked in their homes and relied on them for a treat / meal.
  • Neither their restaurant partners or (stifled snigger) self employed riders have any loyalties to Deliveroo.
  • Theyโ€™ve just built a software platform the gets around minimum wage laws and done some pretty marketing.
5 Likes

Should move upwards

You can only close so many markets before eventually you need to realise you have a terrible business model.

5 Likes