I have looked at Jumbo several times before, but I have never received such comprehensive information as you provided here — so a big thank you for that.
I am actually considering investing in Jumbo, as in my opinion, the valuation offers a good risk-reward opportunity.
The biggest risk I see is if profits were to decline, possibly due to a significant recession even in Southeastern Europe.
However, it’s worth noting that the markets in which Jumbo operates are developing much better than the rest of Europe.
Jumbo certainly isn’t a highflyer, but in my view, it offers diversification for a portfolio with a margin of safety.
Thank you very much for the article.
I have looked at Jumbo several times before, but I have never received such comprehensive information as you provided here — so a big thank you for that.
I am actually considering investing in Jumbo, as in my opinion, the valuation offers a good risk-reward opportunity.
The biggest risk I see is if profits were to decline, possibly due to a significant recession even in Southeastern Europe.
However, it’s worth noting that the markets in which Jumbo operates are developing much better than the rest of Europe.
Jumbo certainly isn’t a highflyer, but in my view, it offers diversification for a portfolio with a margin of safety.
Thanks for your comment! I agree that Jumbo is an interesting opportunity at an attractive valuation.
How did you buy it, not available through my brokerage and doesn't seem to be available from IBKR either
The stock is available in Ibkr mate. Ticker BELA
It's like the chairman is like Amancio Ortega or Jeff Bezos.