Author Topic: UBER  (Read 1323 times)

Offline john m

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Re: UBER
« Reply #15 on: May 10, 2019, 04:20:16 PM »
Bid below offer .DISASTER .

Offline john m

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Re: UBER
« Reply #16 on: May 10, 2019, 04:28:25 PM »
Looking like it might be the worst IPO of all times .Fools and their money look like they wont be parted .BUT ...Bollox is falling out of LYFT as well .

Offline john m

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Re: UBER
« Reply #17 on: May 10, 2019, 04:32:02 PM »
Watching Dara looks like a worried man .Market opened two hours and not a single share traded .

Offline john m

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Re: UBER
« Reply #18 on: May 10, 2019, 04:50:58 PM »
Whats happening .UBER are guarenteed 8 Billion the losers are the Big Banks who underwrote the share launch .BUT people are realizing UBER own nothing no cars no drivers nothing .They are selling nothing .

Offline silverbullet

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Re: UBER
« Reply #19 on: May 10, 2019, 05:02:28 PM »
Below $42.00.atm.

Offline silverbullet

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Re: UBER
« Reply #20 on: May 10, 2019, 05:05:57 PM »
Experts saying uber charge 2.50 per mile, driver take is 1.75.
Now if they could get rid of the driver?
The alternative is a 30% price hike.
Punters are fickle and will vote with their purse.

Offline john m

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Re: UBER
« Reply #21 on: May 10, 2019, 05:16:04 PM »
nearly one and a half billion more shares to be sold .today was only getting some petty cash .wait till they try sell the actual shares .

Offline Octavia1

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Online Jack Meoff

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Re: UBER
« Reply #23 on: May 10, 2019, 09:14:28 PM »
Suppose not bad for a company that hasn’t made a profit and probably never will.

Offline Belker

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Re: UBER
« Reply #24 on: May 10, 2019, 09:40:09 PM »
Anything with Travis Kalanick's name attached to it is gonna be hard to sell.
Travis thought he was the next Jesus Christ, but as it turned out he wasn't fit to tie Jesus's boots !
Travis got a good Ten years outta his yankee bullshite, Jesus got 2 Thousand years and counting !

Offline john m

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Re: UBER
« Reply #25 on: May 12, 2019, 10:38:34 PM »
Uber share price opened @45 bet my Cardiff City winnings that the share price will drop below $40 this week .Donny T has just picked a Fight with China A fight he cannot win Recession Part 2 just around the corner .

Offline john m

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Re: UBER
« Reply #26 on: May 13, 2019, 12:19:54 PM »
PAYDAY ..Uber shares just broke $40 looks like people are asking what are they actually selling and do they actually own it .?

Offline mercenary for hire

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Re: UBER
« Reply #27 on: May 13, 2019, 12:26:50 PM »
Nice one.The Uber mania is getting fueled by the users and possibly the drivers who think it's a magical new idea.Not realising that hacks or similar have been around a long time filling in the gaps taxis leave behind.Uber is just hacks with apps rather than radios.I sometimes explain Ubers business model to our customers from abroad and they're shocked that the drivers get subsidised to operate below the taxi meter.They think the lad behind the wheel can live on cut priced fares indefinitely.They're the ones buying the shares.

Offline john m

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Re: UBER
« Reply #28 on: May 13, 2019, 12:40:31 PM »
I looked into Uber before it floated and there is no figure for driver churn .They have a figure for active drivers and active users but how many of those drivers are active and how many passengers are active .Uber were losing almost $2.16c per trip after paying drivers and riders to sign up ..Looking at traffic you could only guarentee a 5 minute pick up time if about 30% of cars on the road were aligned .Their taxi product is a loser .Driverless cars wont happen in my lifetime .Trumps trade war with China is all about oil .Most of the rare earths needed to build batteries comes from China .Trumpwill convince drivers to stay with oil and not allow China control the supply of Batteries .

A bit like sewing a second fanny on to a woman or sticking an extra pair of tits on her ,it sounds like a great idea doubling the output but nobody really wants it .
Uber have another two billion shares to sell .This was not a real IPO it was just a public funding round dressed upas an IPO .Based on their turnover and investments in other tec companies .Ubers realvalue is about $13 a share and at that price it couldnt cover its debts .

Offline mercenary for hire

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Re: UBER
« Reply #29 on: May 13, 2019, 12:44:18 PM »
Double fanny?You should bring yer idea on the Dragons den..one of yer better ones..possibilities are endless.

 


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