Shares in Just Eat (LSE: JE) soared 7% on a trading update — not a move to be sniffed at for a share many already consider overly expensive — and it’s well ahead of its IPO price. What’s driving the gains?
Why Just Eat PLC is delivering huge share price gains
VIDEO: One Fool looks into what could be driving the gains at Just Eat plc (LON:JE).
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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