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Uber share price from IPO 10/05/2019
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Author:  edders23 [ Tue Sep 24, 2019 7:10 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

wannabeeahack wrote:
Sussex wrote:
Also the big investors like the Saudis are looking at billions and billions of lost dollars.



2 days oil profits...



or a tax write off :wink:

Author:  edders23 [ Tue Sep 24, 2019 7:12 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Sussex wrote:
Another interesting Uber article, but not directly related to their share price, not for now at least.

https://jalopnik.com/the-legal-argument ... 1838255672

Basically to win the 'surge pricing' anti trust case in New York, Uber are going to have to show the court they aren't just an app.

However to win the case in California, and a few other places to boot, they are going to have to show the court they are just an app. :D :D :D :D :D :D :D :D



they always seem to win through though

Oh and the share price hasn't collapsed :wink:

Author:  Sussex [ Wed Sep 25, 2019 3:32 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Quote:
Oh and the share price hasn't collapsed :wink:

It was down a further 5% yesterday.

But I suppose a 25-30% drop since IPO isn't a collapse, although if the stock market dropped that much in 5 months there would be people jumping out of windows.

However when one considers this time last year we were being fed values of $120 Billion, yet today the value is about 72% lower than that, then IMO that is a collapse.

Author:  edders23 [ Wed Sep 25, 2019 7:05 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

the market has produced a more realistic valuation

Author:  Sussex [ Thu Sep 26, 2019 2:35 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

edders23 wrote:
the market has produced a more realistic valuation

I'm not sure the market has the foggiest idea of the actual value of Uber.

I suspect many have sold, and not many have bought shares since the IPO.

It will never make money.

Author:  Sussex [ Fri Sep 27, 2019 5:07 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Some more interesting Uber stats, well at least for me. :D

Basically despite an increase in Uber taxi/PH revenue in the last 5 quarters ($10.2 - $12.2 billion), the actual net amount Uber received remains much the same.

https://dashboards.trefis.com/no-login- ... efis190926

Reason for this is the actual take Uber receive from each job has declined from 22% to 19%.

Forbes Magazine suggest the reason is due to competition for drivers, and for punters.

Well long may that continue, well for drivers at least. :D

Author:  edders23 [ Fri Sep 27, 2019 6:53 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

bet it's still 25 percent in the uk :wink:

Author:  Sussex [ Sat Sep 28, 2019 4:10 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

edders23 wrote:
bet it's still 25 percent in the uk :wink:

The drivers pay 25%, although it's a bit lower for WAV requests.

But we have to bear in mind the price the punter pays often bears little resemblance to the price the driver receives.

So the driver pays 25% on one amount, but that amount is not the price the punters pays. Hence the reason why Uber lose money on most jobs.

Author:  Sussex [ Sat Sep 28, 2019 4:31 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Closed this week at $30.29, having slightly recovered today from an all time low of $30.13.

Down 32.69% since IPO.

Or in plain cash terms, down a cent or two over $25 Billion. Image

Author:  edders23 [ Sat Sep 28, 2019 5:04 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

not sure if you have seen this video but uber features

https://www.youtube.com/watch?v=kDBYUdAmXQk

Author:  Sussex [ Sun Sep 29, 2019 3:52 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

edders23 wrote:
not sure if you have seen this video but uber features

https://www.youtube.com/watch?v=kDBYUdAmXQk

Interesting that that was from two years ago, and since then Uber has lost, approx, another $12 billion or so.

Author:  Sussex [ Wed Oct 02, 2019 6:18 am ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Closed last night at $29.15, an all time low closing. Slightly up on the $28.65 it fell to during the day. :D

Down 35.22% since IPO.

Or in real cash terms just under $27 billion. :D

Author:  Sussex [ Sat Oct 05, 2019 8:10 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Closed the week at $29.67, down 73 cents on the week.

Down 34.06% since IPO.

Author:  Sussex [ Sat Oct 12, 2019 4:50 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Closed this week at $30.13 a share.

Up 46 cents from last week's close, but still $25 Billion down from IPO.

Author:  Sussex [ Sat Oct 19, 2019 7:11 pm ]
Post subject:  Re: Uber share price from IPO 10/05/2019

Closed $32.06.

Up 6.4% on the week. Down 28.75% since IPO.

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