what’s the big deal in giving 4 to 5 times in 5 yrs when the company has given more than 100X in 10 yrs ( actually 5 yrs. But didn’t do anything in next 5 yrs). It took the route of risky markets of Latam where very few had dared to enter. It was highly successful in entering and entrenching themselves. 10% to 15 % growth in existing market should be easy. They are also entering new Latam mats like chile , mexico, brazil…and I think they just need to replicate their success in these new countries of a similar market.
USA seems to be a risky one. They claim to be addressing the bottom of the pyramid and so are not competing with other players in USA. Only time will tell.
They have been good executioners and that is what makes me confident that they will continue to create wealth though at a much slower pace. But that slow pace should be much higher than the market pace.
Disclosure: Invested since a long time.
Subscribe To Our Free Newsletter |