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JUMIA TECHNOLOGIES

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4JMA trade ideas

JUMIA still inder fire As everyone is really excited due the ER whether is in short/long position. In advance, Rome wasn't built in a day. We saw at the Amazon that workforce expense and shipping cost hit/strode them hardly and I expect the same in case of Jumia. What is really a struggle for me is how to evaluate the currency exchange. Their major market is: Egypt, Morocco, Ivory Coast, Kenya and South Africa. So how they handle different currencies when they change. I know my question little bit silly but I would be happy if someone would give me a nice lesson (and for everyone). It’s important because their operating area is special, thus it’s in my opinion wort to keep in mind how the different currencies effect the company consolidated balance on daily weakly basis and so on. Total outstanding shares (Million) 2017 2018 2019 2020 Current 78,53 78,53 78,41 89.63 98,59 ( 20% more shares ) This table above will be an important point. I saw in Yahoo finance comments that a lot of “traders” is calling 50$ again and so on. Its not impossible but highly unlikely due the company increased the outstanding shares by 14% by the end of 2020. In near term (1Y) I don’t expect the share will reach 50$ without significant catalyst. The expected development of the company fundaments also does not point for such a high valuation. The current outstanding share increase from 2017 is 20%. Not so good for those who expecting 50$, although its not impossible with surprisingly strong ER. But highly unlikely – We expect downward pressure due shipping and labor cost. Price target 20$ before any huge buying happening.
NYSE:JMIA
by ElGatoTrade
JMIA (jumia), e-commerce in africa, but definitely not only it.JUMIA is a German company that operates in Africa and is most known for its e-commerce side. but, in my opinion, most interesting thing about this company is its other 2 parts of the company. jumia logistics -> this part of the company offers logistic to the main e-commerce, BUT also is now open to third parties, both local sellers who wants to operate with non-jumia orders, as well as other business that needs someone to transport their goods. it makes me think of something like USPS with amazon when it first started. jumia pay -> this is the part of the company that takes care of the payments. here the customers of the e-commerce can pay, but can also use this app to pay bills, mobile phone plans and a lot more. just for your information, it is estimated that HALF of the mobile money of the world is used in Africa, as there are problems for the banks to work with people, which is not a problem we even heard of. so, jumia pay is in my opinion, and following jumia founders also, the big play of the future. it can even become a fintech company by itself. point is: 1) logistics in Africa at the moment is like shit for a loooot of reasons (just search for it, there are tons of articles) --> if jumia logistics reach a good logistic development, it will be the to-go company for other business in Africa who needs to transports their goods. 2) Africa is a place where people and banks do not co-operate at the best, and so mobile money and mobile accounts for money storage is a big big thing. --> because of that, as people pay with jumia pay for their goods bought via jumia e-commerce, they get stuck with jumia pay and that part of the company can really grow, and even expands in other businesses like it already did with bills and mobile phone plans. talking about the stock itself, I did no fundamental research about the pure money thing, just the possibility there are in Africa, and I think that the price would not be that hight from 2 dollars bottom if the company has no future. so, my play will be. if 23 USD holds and the price bounce up 3 times or has a strong reaction, it is a good point to buy, and just put stop loss below 23 (22 will be fine). (it would be a double+ bottom) if the price falls as low as 19 or 20, my buy price is 19.60 with a stop loss of 15.6 which is -20% from the buy point. as for the target price, I think 89 is fine. I took this price as it is an ATH for sure, but it is not in the 90sh which IMO is a bad place to be stuck in. last thing is. do not care too much how much your upside % is with price target 89, or ur just gonna HOPE it will work. so stick to SL (stop loss) and let time drive the market. ofc, if major events happen in the market, this stock can be also destroyed by general pessimists, but it can as well skyrocket. i will try to post news about this, but I would prefer not to change my initial plan.
NYSE:JMIA
by camelot0707
Is the Amazon of Africa tumbling?Jumia has dissapointed investors due to its slow growth expressed in both, weak figures and a lack of onboarded customers. That being said, a price reaction can be clearly seen on the charts. However, Jumia has chosen the African continent as its target market and wants to be the Amazon dominating ecommerce. This gives tremendous opportunities to grow. Analysing this company fundemantally and despite the weak performance, I would say it is massively undervalued. For instance just looking at one aspect, they have built a logistics system that is worth more than 20 billion USD. Lets get to the technicals: Jumia has taken a shocking price hit, down from about 60 USD to around 10 USD. And I wouldn´t be surprised if this continues, even down to around 5 USD. However, I think price will find strong support at the 8 USD level. Main reason for this is that price is oversold on the weekly basis (check RSI), and fundamentally the valuation is at about 8 USD as well. So whats my play here? Short Term: Short Medium Term: Short Long Term: Long Tbh, I have opened positions ever since the 20 USD mark and I keep adding, as I really believe this company has a 100X potential in less than 10 years. Cheers, Thatwalletguy PS. No financial Advice and do your own research!
NYSE:JMIALong
by ThatWalletGuy
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