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Nairaland Forum / Nairaland / General / Business / Jumia Shares Fall Below IPO Price On New York Stock Exchange (10365 Views)
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Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by martineverest(m): 7:17am On Aug 08, 2019 |
cenaman:it's just a name... nothing special 1 Like |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by martineverest(m): 7:17am On Aug 08, 2019 |
wman:Facebook, Microsoft, Amazon ,apple and Google lost over 300 billion dollars since Monday 1 Like |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by martineverest(m): 7:19am On Aug 08, 2019 |
Jchi9876:u just completely displayed your ignorance in an international site.. smh 1 Like |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by winterfell007(m): 7:42am On Aug 08, 2019 |
I wonder why Jumia didn't list on the Nigeria stock exchange. Jumia is largely a African company trading largely in African currency, how do you list on stock exchange that is largely dollar dominant? |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by QDubz(m): 7:50am On Aug 08, 2019 |
China trade war kicking... |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Nobody: 8:09am On Aug 08, 2019 |
TechCapon: U can't compare Facebook n jumia. Jumia have never made a profit since 2012 |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by cbrass(m): 8:24am On Aug 08, 2019 |
Gentlewarrior1:. i am not sure you read the post because if you did, you will see where they said thaf Jumia has been accumulating losses since 2012 |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Gerrard59(m): 8:37am On Aug 08, 2019 |
winterfell007: Just because a company is indigenous to a country doesn't imply it must be listed on the stock market of its home country. Companies list where there is liquidity and no country has more liquidity than the US. Which is why every company jostles to list there. It's where the money is. You mention any Africa stock market, but do you know that there are less than five companies listed on the stock market of Cameroon? And besides South Africa, Nigeria, Kenya and Egypt, other African stock markets are worthless and have no liquidity. Also, dollar is the world's dominant currency. Trust me, as an entrepreneur, it's the best to list on the NYSE. 1 Like |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by RapportNaija(m): 8:42am On Aug 08, 2019 |
Esseite: Hehe, the future is now. People gladly buy stuff from all of Alibaba groups (1688, Alixpress, etc) directly delivered to their homes - like mini importation. The more the internet penetrates Nigeria, the easier importation of goods become, the harder Jumia and the likes try to make sales. 1 Like |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Nobody: 8:42am On Aug 08, 2019 |
cenaman: Its because NY existed before America |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Mplify(m): 9:06am On Aug 08, 2019 |
Na normal thing Jor.... Even dry bones for Bible rise again |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by RIHMEEK(m): 9:12am On Aug 08, 2019 |
![]() VRDroid:Wow Monaco to enjoy tax free... ![]() VRDroid:Wow Monaco to enjoy tax free... |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by gnykelly(m): 9:31am On Aug 08, 2019 |
Rajosh:You want to buy a company whose operating lose is $51million |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by gnykelly(m): 9:33am On Aug 08, 2019 |
Gerrard59: Also you can buy stock on USA stock exchange at the comfort of your home |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by marvin906(m): 9:34am On Aug 08, 2019 |
why is huawei no listed on the NYSE |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by TheAlchemist: 9:39am On Aug 08, 2019 |
PrecisionFx: Companies declare loss for tax purposes |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Nobody: 10:00am On Aug 08, 2019 |
RIHMEEK: Not just Tax Free, it indicates Freedom from Human Farming. It is one of the last Homes of Free Humans. Monaco is Home to all who can afford her. 1 Like |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Nobody: 10:11am On Aug 08, 2019 |
TheAlchemist: Yea, no companies on earth lose money again, they all declare losses for tax purposes ![]() |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Rajosh(m): 11:10am On Aug 08, 2019 |
gnykelly:it will rise again. |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Rajosh(m): 11:12am On Aug 08, 2019 |
ollah1:it used to be called Lagos Stock Exchange before it was renamed to Nigeria Stock Exchange |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by octus2008(m): 11:34am On Aug 08, 2019 |
It is normal, the first few Months speculators and profit takers buy and sell, in the Long run, it becomes stable |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Nobody: 12:01pm On Aug 08, 2019 |
Rajosh: Because of our system of government. |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Jchi9876: 12:05pm On Aug 08, 2019 |
martineverest: You could have typed your bazooka in pidgin English or yigbo You literally just displayed your olodo attitude. You don't know when to use "on and in" when writing . You sick |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by martineverest(m): 12:14pm On Aug 08, 2019 |
Jchi9876:Ur zero IQ couldn't discern it was a typo |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Jchi9876: 12:17pm On Aug 08, 2019 |
martineverest: Blame it on typo... Your keyboard happy fingers couldn't tell your knocked out brain to proofread before hitting send? That's what I thought you brain dead! |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by martineverest(m): 1:52pm On Aug 08, 2019 |
Jchi9876:your stupidity is legendary |
Re: Jumia Shares Fall Below IPO Price On New York Stock Exchange by Rajosh(m): 3:01pm On Aug 08, 2019 |
ollah1:okay now I understand. I thought they changed it for no reason. |
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