Jumia SUMMARY DD POST- I personally believe from my own DD

Em_1201/05/2021 08:59

$Jumia SUMMARY DD POST- I personally believe from my own DD that this stock is waaay undervalued... they havent made a profit yet... but they are expanding at a fast rate with the capital they raised a while back... additionally it's developing market so it won't be easy but in my opinion they are on track to be in the same position as mercado libre in South America with a 70B+ market cap compared to the less that 3B here... this will atleast grow to half of their size so about 30B to be safe (so 10x on your money) in the long term given that the overall market in africa for consumer spending is 4 trillion... and in south america it is 4.4 trillion... this is just a summary i didnt want to make this excessively long

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