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”.