Today is big numbers day at Jumia $JMIA (+0%) - and I am extremely excited. The company has recently worked hard on operational efficiency, cut costs significantly and focused on its highest-margin markets. If this is reflected in the figures today, a real rally could start.
The share is extremely small, volatile and under the radar - this offers enormous potential for surprises. Should Jumia surprise positively in terms of sales growth or cash flow, share price reactions of +20 to +30 % are absolutely realistic.
I am positioned and ready for the bang. 📊🔥
Who else is in or buying the potential breakout?