Having followed this company from start to many quarters now, it is obvious that big guys are trying to scare retail and then get in. Company has earnings, and as is case with many internet technology companies, profitable ones keep growing and taking market share away. I like to know which rising competition is taking their market share? Eat24 is $10 million in sales vs. GRUB $90 million. Look at their forecast for 2016, much higher. Their profit and EPS are also much higher. Estimated .85 EPS and price of $30 is PE of 40 not 70. Their last conf. call, they indicated, they will deliver to about $175 million of their revenue markets, in their top 30 markets. Once they start this ball rolling, delivery only restaurants will be another category they will start. They have good long term potential and it will be clear on next qtr earnings,
Not existing aircraft. Read carefully, it is 20x from original ATG. which gas already been replaced with ATG 4. Also in their analyst conf. they said 2KU will be 100 MB not 75 MBPS. Still, it gives them much more bandwidth on international flight where ARPA will be more like $17000 instead of $11000 for domestic flights. Now, the ROW segment will start showing some meaningful revenue growth.
Uber eats is very limited menu. Also drivers that make $50k year doing taxi service will not go down to being a food delivery boys/girls. This idea will not succeed unless they have drones in mind down the road. YELP Eat24 is 1/8 the size of GRUB. $11 m vs. $88 m. The concern is that they have 20,000 restaurants vs. GRUB 35000. GRUB buying Eat24 will be like FB buying whatsapp.
CLNE mentioned they fuel 3000 trucks, and 9000 Refuse. Does any one know how many transit buses they fuel on daily basis? Also does any one have data on how much each of these three numbers they had at the end of first quarter? I have not been following as closely but was trying to get an idea of their growth on quarterly basis in Trucks, Refuse and Transit.