Van Nice job on Mr Purple! Everything is moving so fast! I didn't take in that earnings were tonight. Could you drop this knowledge on the weekend? I can hardly keep up with any of this. I'm having a vision on that JMIA. This is the Savant part.. I wrote down two names the other day on a piece of paper names I thougt maybe Emerg markets types might buy.. CPNG & JMIA both should benefit from China beinga no go. And of course I crumpled up the paper and bought CPNG.. How any times in my life has the " other " name on the paper took off Quite a lot... So JMIA lets keep this in mind the something of Africa.
I've seen the commercials for the purple bed springs... mattress It looks thin for me. But all those patents-! Interesting company in that sense. And apparently they are 5 years in with the egg box set up.
PRPL FY21 consensus $821.03M. Based on second quarter results combined with the company's projected late August timing for exiting the current backlog position created by the isolated production issues, Purple currently expects full year 2021 net revenue to be between $820M-$850M. The new range represents an increase of 26% to 31% over 2020 results and an increase of 81% to 98% over the 2019 results. Due to the inventory constraints that are expected to last until late August, the company anticipates a significant portion of its revenue growth in the second half of the year will occur in the fourth quarter. Considering the second quarter results, the impact on third quarter margins from the isolated production issues, and recent trends indicating an even greater channel mix shift toward wholesale over the remainder of the year, adjusted EBITDA is now expected to be between $78M-$88M vs. the prior view of $95M-$105M. The untold story that takes down the market. No inventory. No ship no merchandise logistics no parts no toys no back to school.....
Bluegreen Vacations announces board approval of share buyback 16:24 BVH Bluegreen Vacations Holding Corporation announced that its Board of Directors has approved a share repurchase program which authorizes the repurchase of shares of its Class A and Class B Common Stock at an aggregate purchase price of no more than $40M. The repurchase program authorizes the Company, in management's discretion, to repurchase shares from time to time subject to market conditions and other factors.
Jumia to Announce Second Quarter 2021 Results on August 10, 2021 Best Stocks Under $50 12. Jumia Technologies AG (NYSE: JMIA) Number of Hedge Fund Holders: 16 Jumia Technologies AG (NYSE: JMIA) is an e-commerce platform operating in Africa, Portugal, Germany, and the UAE. The company’s platform includes a marketplace that connects buyers to sellers and also enables the shipment and delivery of packages. It ranks 12th on our list of the best stocks under $50. This May, Jumia Technologies AG (NYSE: JMIA) was reportedly still rising since the company’s reported losses in Q1 began to decrease, as operating losses fell by 23%, while adjusted EBITDA losses fell by 24%. Additionally, as of this June, the stock has gained about 4% after receiving attention on Reddit's WallStreetBets Forum. In the first quarter of 2021, Jumia Technologies AG (NYSE: JMIA) had an EPS of $0.00, beating estimates by $0.45, while its revenue was $33.26 million, up 5.1% year over year but missing estimates by -$10.10 million. The company's gross profit margin is 68.86%, and the stock has gained 394.12% in the past year. As of the end of the first quarter of 2021, 16 hedge funds out of the 866 held stakes in Jumia Technologies AG (NYSE: JMIA), with a total stake value of about $123 million. This is compared to 13 hedge funds in the previous quarter, with a total stake value of roughly $241 million. Downgrade 7/20- Jumia Technologies price target lowered to $21 from $32 at Morgan Stanley 07/20 JMIA Morgan Stanley analyst Brian Nowak lowered the firm's price target on Jumia Technologies to $21 from $32 and keeps an Equal Weight rating on the shares. He expects a more gradual return to growth as Jumia invests in sales and marketing in a more disciplined manner, Nowak tells investors. He also expects pressure on Average Order Value, or AOV, as Jumia's product mix continues to shift towards lower AOV, higher margin items, said Nowak. JMIA-$22 // This has had a wild ride. To me it has the look of a $$35-40 stock but nobody seems to like it. 1 month DOWN 21%<--- 6 months DOWN 65%!<---- 1 year PLUS 24%<------