Chobe Holdings Limited (BSE: CHOBE), referred to as “Chobe’s” for the remainder of this writeup, is a high return on capital business that owns and operates ecotourism lodges in Botswana.
I think you are missing a key element: inflation. The longer-term growth I would bet is much lower if you put it in USD.
I linked to your post in my Monday emerging markets links post: https://emergingmarketskeptic.substack.com/p/emerging-markets-week-september-16-2024
Not sure how many investors can access this market though!
I think you are missing a key element: inflation. The longer-term growth I would bet is much lower if you put it in USD.
I linked to your post in my Monday emerging markets links post: https://emergingmarketskeptic.substack.com/p/emerging-markets-week-september-16-2024
Not sure how many investors can access this market though!