Author Topic: UBER - Uber Technologies  (Read 13647 times)

DTEJD1997

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Re: UBER - Uber Technologies
« Reply #60 on: November 04, 2019, 06:41:06 PM »
Hey all:

In a simply stunning development, UBER announced the unpossible and posted another large loss today.  They posted a loss of $1.16BB

Analysts are simply stunned and are now calling into question UBER's business model.

Even though UBER's revenue grew, so did it's loss.

Stock is down in after hours trading.

How could this have happened?


Spekulatius

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Re: UBER - Uber Technologies
« Reply #61 on: November 06, 2019, 04:12:56 AM »
Uber lockup is expiring today. Have fun!
Life is too short for cheap beer and wine.

writser

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Re: UBER - Uber Technologies
« Reply #62 on: November 09, 2019, 03:21:30 AM »
Travis opens the ball. Sold 20m shares worth half a billion and change in three days. What a shitshow.
« Last Edit: November 09, 2019, 03:23:50 AM by writser »
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

DTEJD1997

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Re: UBER - Uber Technologies
« Reply #63 on: November 09, 2019, 05:27:53 AM »
Travis opens the ball. Sold 20m shares worth half a billion and change in three days. What a shitshow.

whut, Whut, WHUT?

I am sure this was part of the business plan.  The business plan is to come up with an idea, get everybody talking/using about it.  Then you go public, then you sell out to bag holders.  Wash rinse repeat.

Did I just hear a bell ring?

SharperDingaan

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Re: UBER - Uber Technologies
« Reply #64 on: November 09, 2019, 07:30:26 AM »
If you have the capacity to take on risk ... this would be a really good time.

YOY impacts have begun to overwhelm growth, which is also slowing down. Growing, future losses.
Lock-up sales overwhelming share demand, forcing price down - before help from the option market ....
Restaurants (Uber Eats) were only there because they had to be. Less hype and they leave, producing plunging metrics.
Rising odds of material write-offs (capitalized costs) as business declines. Big, and more frequent earnings misses.
And rising market toxicity, with every unicorn's adverse headline, contracting multiples on declining forward EPS.

Feeling lucky  ;)

SD

DTEJD1997

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Re: UBER - Uber Technologies
« Reply #65 on: November 19, 2019, 06:39:04 PM »
hey all:

Here is an interesting article on meal delivery services.  Uber Eats is prominently featured:

https://www.zerohedge.com/markets/meals-broken-wheels-uber-eats-grubhub-doordash-postmates

Article makes a pretty convincing case that there is no viable business model in the meal delivery services.

The article makes a lot of good observations & points.  HOWEVER, if pizza can be profitably delivered, could other forms of food also be profitable?  Perhaps?  I seriously doubt that McDonald's and Burger King and such will prove to be profitable in the long run.  No money to be made on $5 deliveries.

Move up to a "fast casual" restaurant, say something with $12-$18 plates might be something else entirely.  Especially if the average delivery has MORE than one meal delivered?

So perhaps the current model is broken and won't pan out, but maybe something else entirely will come out of this?

villainx

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Re: UBER - Uber Technologies
« Reply #66 on: November 19, 2019, 07:21:23 PM »
I was under the impression for a shift to industrial takeout production of some sort as the meal delivery service additional answer to driverless.  Some restaurants leverage their brands to just have meal delivery cooking locations to keep cost low and just throw out the hits for delivery. 

I feel that's ridiculous but seems like the buzz. 


JRM

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Re: UBER - Uber Technologies
« Reply #67 on: November 20, 2019, 04:28:25 AM »
hey all:

Here is an interesting article on meal delivery services.  Uber Eats is prominently featured:

https://www.zerohedge.com/markets/meals-broken-wheels-uber-eats-grubhub-doordash-postmates

Article makes a pretty convincing case that there is no viable business model in the meal delivery services.

The article makes a lot of good observations & points.  HOWEVER, if pizza can be profitably delivered, could other forms of food also be profitable?  Perhaps?  I seriously doubt that McDonald's and Burger King and such will prove to be profitable in the long run.  No money to be made on $5 deliveries.

Move up to a "fast casual" restaurant, say something with $12-$18 plates might be something else entirely.  Especially if the average delivery has MORE than one meal delivered?

So perhaps the current model is broken and won't pan out, but maybe something else entirely will come out of this?

Pizza is an anomaly.  Most food items at restaurants are very low margin; the money is made on appetizers, desserts, and beverages.  Pizza is the exception.  Pizza has some pretty decent margins.  So do chicken wings.

Jurgis

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Re: UBER - Uber Technologies
« Reply #68 on: November 20, 2019, 06:46:53 AM »
Restaurant food delivery was there before Grubhub/UberEats/etc. I'm sure it will be there even if any of these disappear. Maybe not for marginal $5 deliveries... but I think some people here forget that restaurants can have minimum orders and charge delivery fees. At least on Grubhub. Not sure about UberEats - have not used that yet.
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DTEJD1997

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Re: UBER - Uber Technologies
« Reply #69 on: November 25, 2019, 04:41:13 AM »
Hey all:

The news is all atwitter that UBER has lost it's license to operate in London.  Looks like UBER is down $1,50 in pre-market trading and is below $30/share.

London is UBER's largest city in Europe.

Going to be an interesting day!