令和の平井銀二 commented on a stock · Nov 27, 2024 00:08

Infinite possibilities

JMIA
According to McKinsey's report, the market with the most expansion potential in the next 15 years is not AI, EV, or space, but rather e-commerce. (Image 1 below)

According to the United Nations' financial estimates, by 2050, Africa will account for a quarter of the world's population (see image 2).

In other words, for Jumia Technologies, the pioneer of e-commerce in Africa, there is not just a 100-fold potential, but even a 1000-fold or 10,000-fold potential.

Currently, operating in 11 African countries with approximately 0.6 billion people, the active user base is around 2 million. The coverage rate is 0.3%. This means that the majority is still untapped.

Nevertheless, as the number one e-commerce company in Africa, they are still struggling.
Due to the impact of currency depreciation, the growth rate may seem slightly sluggish, but they are still able to surpass rivals and remain number one.

The current CEO, Francis DuFaÿ, is a prestigious McKinsey alumnus.
Much like the elite alumni networks of top universities in Japan, there will likely be a movement to support individuals with McKinsey backgrounds around the world.

Elon Musk, who hails from South Africa, seems to be approaching a timing where he will focus more on Africa, starting with Starlink.
And the founder of Amazon, Jeff Bezos.
The next stage of the battle between the two, who also compete in the space business, is in Africa.

2024 saw the highest level of investment in Africa to date. This is expected to be updated annually.
Investment in Africa will continue to grow more and more.

And the "real deal" is hitting the market at a very low price.

Jumia is clearly undervalued at the moment.
The all-time high since listing was $61 in February 2021.
Currently trading at $4.

The CEO also acknowledges that this year has been a year of endurance.

However, once customers are captured, they do not let go. The number of repeat users continues to increase.

Shareholders also cannot let go of their feelings. There is a mysterious charm about Jumia Technologies that somehow captivates them.

Cutting the currency around here is the bottom.
I think this is the real bottom when it comes to stock prices.

When celebrities and famous companies participate in capital, the stock price will skyrocket as if a rocket were launched.

The market conditions are completely aligned.

If the stock price goes up, rejoice; if it goes down, grieve.
It's okay to have ups and downs. But never sell.

More than pensions, more than savings, more than orkan, more than BTC, more than NVIDIA, more than quantum computers, above all.

The day when Jumia will be your asset and strength is not far away.
Now is the time to seriously consider investing in Africa.

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