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JEMA Jpmorgan Emerging Europe Middle East & Africa Securities Plc

214.00
0.00 (0.00%)
Last Updated: 10:08:48
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Emerging Europe Middle East & Africa Securities Plc LSE:JEMA London Ordinary Share GB0032164732 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 214.00 15,584 10:08:48
Bid Price Offer Price High Price Low Price Open Price
194.00 210.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 700k -8k -0.0002 - 86.53M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:10:51 O 175 195.00 GBX

Jpmorgan Emerging Europe... (JEMA) Latest News

Jpmorgan Emerging Europe... (JEMA) Discussions and Chat

Jpmorgan Emerging Europe... Forums and Chat

Date Time Title Posts
21/11/202410:04The Russian Toilets and Sewage Systems Thread268
19/11/202400:37JPMorgan Emerging Europe, Middle East & Africa Securities 2,970
29/12/202321:30Russia's Illegal Invasion of Ukraine3

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Jpmorgan Emerging Europe... (JEMA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:10:52195.00175341.25O
10:08:40198.001,0001,980.00O
10:06:28198.00200396.00O
10:06:08198.00200396.00O
10:05:42198.45200396.90O

Jpmorgan Emerging Europe... (JEMA) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Jpmorgan Emerging Europe... Daily Update
Jpmorgan Emerging Europe Middle East & Africa Securities Plc is listed in the Mgmt Invt Offices, Open-end sector of the London Stock Exchange with ticker JEMA. The last closing price for Jpmorgan Emerging Europe... was 214p.
Jpmorgan Emerging Europe... currently has 40,436,176 shares in issue. The market capitalisation of Jpmorgan Emerging Europe... is £86,533,417.
Jpmorgan Emerging Europe... has a price to earnings ratio (PE ratio) of -10700.00.
This morning JEMA shares opened at -
Posted at 14/11/2024 23:32 by loganair
JEMA share price slowly starting to represent the MOEX price of its Russian holdings.
Posted at 15/10/2024 16:51 by loganair
When the conflict in the Ukraine is finally over, if JEMA are able to repatriate the monies in their 'S' account, one of the biggest variables will be the RUB/GBP exchange rate.

At 120 rub to the GBP JEMAs 'S' account is currently worth circa 50p per share, while at 100 rub to the GBP would be worth 60p per share and if happens to be 80 rub to the GBP = 75p per share etc.

The second variable will be will JEMA be able to repatriate monies from their 'S' account and from any sale of any stocks at full value or 50% of their full value?
Posted at 15/10/2024 08:40 by loganair
Red - can double the £1.1mln to get the full MOEX value, then double again due to the fall in the value of the Rouble = circa £4.4mln. Yandex highest value was about 18 months before February 2022, about 3 times higher share price - £4.4mln x 3 = £13.2mln.


Yandex was by far JEMA's worse performing Russian stock coming into the conflict, had fallen by 65% from 18 months prior to February 2022. Some of JEMAs Russian holdings are only down 15% from their high.

Also, when the conflict finally ends and some of the sanctions are lifted, it seems to me reasonable to say that the Rouble will rise in value. I'm looking for it to go from 120 rub to the GBP to around 100. At this time, maybe able to sell for the full MOEX value.

JEMA may also wish to keep most their Russian stocks as they are high dividend yielding .

Therefore all is not as bad as it may first seem.
Posted at 05/8/2024 16:14 by loganair
yf23 - It seems to me reasonable to say because for the Russian stocks they hold, JEMA only put the NAV as 1% of the MOEX value and the monies from dividends held in their 'S' account as Zero value towards the NAV when are worth circa 60p per share.

If in the next 12 months the situation in the Ukraine does come to an end and some of the financial sanctions are lifted...

Currently when it comes to getting any funds out of Russia from 'Unfriendly countries', such as with the sale of Yandex has to be done at 50% of the MOEX value. If able to trade all of JEMA's Russian assets under this when the conflict comes to an end = 250p extra to the NAV for JEMA, giving an approximate total NAV of 300p.

If able to trade on the 100% value = 500p extra to the NAV for JEMA, giving an approximate total NAV of 550p.


Note: NAV on JEMA's Russian assets I've calculated at an exchange rate of 110 rubs to the GBP.
Posted at 16/7/2024 21:09 by loganair
JEMA holds 169,819 Yandex NV stock, suspended on the Nasdaq since March 2022:


Yandex NV has rebranded itself on Tuesday as Nebius Group to break with the past, headquartered in Amsterdam and led by former Yandex CEO Arkady Volozh.

Volozh said Nebius' expertise was being able to address fundamental bottlenecks in AI, describing the business model as "T2T", or "technology for technologists".

Freed from its ties to Russia, newly unveiled Dutch firm Nebius hopes to help lead the great drive to build the infrastructure underpinning artificial intelligence, founder Arkady Volozh, who previously set up Russian tech giant Yandex.

What Volozh wants to build is infrastructure based on Nebius' cloud platform to service the rapidly growing global AI industry, including large-scale GPU (graphics processing unit) clusters, cloud platforms and tools and services for developers.

"We hope Nebius will become one of the largest AI infrastructure companies in the world, certainly in Europe," Volozh said. "We understand that something serious is coming, which probably comes once in a generation, like the internet in the 1990s."

Volozh would know, having launched Yandex in the dotcom boom, eventually listing on Nasdaq and at one point reaching a valuation as high as $30 billion.

RIDING THE AI WAVE

AI infrastructure bets have fuelled a rally this year in the share prices of AI's big three players, Alphabet, Amazon.com and Microsoft.

Nebius, which has inherited YNV's Nasdaq listing, hopes to return to trading soon following a long suspension over its Russian business, and thinks it could be the only publicly traded stock in AI infrastructure, outside Big Tech.

Nebius, which owns a data centre in Finland and designs hardware in-house with more than 1,000 engineers plucked from Russia as the war unfolded, hopes to break even in several months and then grow on the back of huge demand.

"It's a supply market now, whatever you build is pre-ordered for months in advance," Volozh said. "If we can ride this wave it's going to be a good ride."

Despite giving up its Russian business in a cut-price deal, Nebius has some free cash flow to play with, although part of the deal's proceeds will be used to buy back shares from the many investors still holding currently suspended Nasdaq stock.

"Infrastructure is a very capital-intensive game," Volozh said. "We are looking at billions of dollars of investments, part will be financed from our funds, part from external funding (debt or equity)."

The plan is to build hundreds of megawatts of capacity and triple the Finland data centre's capacity over the next year, Volozh said.

Nebius has good access to GPUs thanks to a long-term relationship with Nvidia and while the big players use Nvidia chips to build their own models, Nebius offers a platform to smaller players.

"If someone wants to leave the train now while we are still in the station, they are welcome to," he said.

Convincing investors of its prospects may be the next challenge, especially should trading on Nasdaq resume, which Volozh hopes could happen as soon as September.

Mindful that Nebius is a completely different company to Yandex, Volozh said it was difficult to speak about any target share price and said there would be no hard feelings should investors choose to part ways.
Posted at 07/1/2024 20:18 by redhorse2020
Just my personal opinion but I suspect most people on here are positive about Russia (presumably why they were invested in the first place) but negative on Putin and what he's doing to Russia and Ukraine, and in turn the huge devaluation to the JEMA share priceHopefully you can understand why a long term investor who held before the invasion may be a little bit negative about the events that have unfolded over the last couple of years.
Posted at 11/11/2023 12:55 by redhorse2020
Loganair, where do you get these ideas? Unlike you, I can't speak for the entire nation, but the sense that I get is that the British people don't hate Russia or the Russian people at all. I think they just understandably hate those that have caused this pointless and incredibly costly invasion I.e. Putin etc. To be honest, I'm very surprised that you're such a fan given what his actions have done to the JEMA share price!
Posted at 28/10/2023 15:09 by redhorse2020
In this case, what exactly is Putin fighting for Loganair? Also, bearing in mind the forum, how does this impact the JEMA share price?
Posted at 12/10/2023 21:49 by 1917again
Currency controls back in Russia, like most junk banana republics

The reality is Russia will take most western assets to fund the war killing Ukrainians and the West will take Russian assets to support Ukraines defence

This reality dawning on jema share price
Posted at 11/10/2023 14:49 by loganair
Camac Fund have gone from nowhere to 5.18% of JEMA. Seems to me the reason why JEMA share price has fallen back as Camac has now completed their buying - all normal there.

Camac is a New York based private investment advisor founded in 2011 that manages funds for a small number of sophisticated clients focused entirely on unique investment opportunities. We invest around the world in mispriced assets in discrete pockets of opportunity. We pride ourselves on our unique sourcing, flexible mandate, and constant emphasis on overlooked / out-of-favor opportunities. Our investments are long-term in nature and we are focused on compounding capital over several decades rather than months or years.
Jpmorgan Emerging Europe... share price data is direct from the London Stock Exchange

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