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Deliveroo plc (DROOF)
Other OTC - Other OTC Delayed Price. Currency in USD
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As of 1:48PM EDT. Market open.
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Just loaded 5000 shares today!
what happened to deliverpoo?
I wonder how high this will go
Roo about to make another explosive move... mark this message! All technicals aligned
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that's the uk stock market for ya 😂
Looks like 2.83 is the bottom. They have some strong plans in the pipeline for expansion. Have a google
Several of the City of London's biggest money managers — including Aviva (AV.L), Aberdeen Standard Life (SLA.L), L&G (LGEN.L), and M&G (MNG.L) — publicly said they would not take part in Deliveroo's IPO.
ROO is about to make some serious moves, make this message... technicals all aligned
must bought in ...50 more 🚀🚀🚀🚀🚀
£100 invested hope I will make 100k by 4021 long wait 😂
This is doomed for several clear reasons -
- Deliveroo is not a tech company, it should be classified as a delivery or logistics company. And, therefore does not warrant a ‘tech’ premium
- the Competition is ruthless. Usually there are 3 big players in each market. Competition authorities would never allow a merger to occur. I get ‘freebies/discount’ vouchers every week from at least one of them on a rotating basis.
- once fully costed with labour costs being adjusted, then it is unlikely they will ever make a profit. They are delivery companies!
- and, there is an elephant in the room. One can just order directly from ones ‘favourite’ restaurant, and keep things local. Let your local restaurant keep the margins.
When the dust settles on this industry, you are likely to just see valuations in the 100’s of millions, not billions.
Don’t buy into companies like this one. They’ll never make a profit. And Uber is much better investment (it’s a bad investment but definitely better than deliberó)
hi, have you all received your shares in your trading account yet?
Absolute dog of an stock. Couldn’t turn a profit when people were locked in their homes. Not a tech company. Razor thin margins. Avoid
Just tripled down on this, calling 228 the bottom. Amazon invested 575m in this two years ago when valuation was potentially higher than the market cap today, and it’s 50% down since the initial ipo valuation, you still want a better discount?
Deliveroo didn’t deliver! Beaaaa haha lol
Load the boat 🛥
if they couldn't make a profit the past 15 months they never will
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