JMIA The current takeover story is total bs as far as I know. Axian took a 8% stake in Jumia and that's it.JUMIA TECHNOLOGIES AG CEDEAR EACH 1 REP 1 ADS forum
JMIA The current takeover story is total bs as far as I know. Axian took a 8% stake in Jumia and that's it.JMIA This son of a gun is probably gonna crash against the sma at 4.63 and drop again. If not the upper bb stands at 9. Highly doubt it will get any higher...JMIA Speculative boom coming soon. This is how it goes with capital intensive companies.
JMIA we are waitingJMIA Panafrican giant AXIAN Telecom now owns 8% of Jumia. That is tremendous news for the company and shows major players are bullish regarding its future ⏫JMIA About to turn green on the monthly macd. Resting on the mid bollinger band on the weekly. Looking pretty good. First stop 4.60 then maybe 9 (upper monthly bollinger band).JMIA By 2030, The middle class in Nigeria (Jumia's main market) is forcast to double by 2030 compared to 2020. This stock is gonna reach the stars 💫💫💫JMIA Earnings going up looking forward. Stock will too.
JMIA still lower from here I think, after management decided to wait until AFTER their stock had fallen about 60% to do a 20M share secondary offering. Also concerning that they used that and not some other type of finanacing. BTW I think SOMEONE owes me an apology for saying "shorts on a stock on a bull run will get destroyed" when I made my initial overbought call/short call at $13.
JMIA what is happening? Around 40% up in 2 days? Crazy