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TMFMmbop (33.98)

Why I Believe MercadoLibre is Overvalued at $60

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August 05, 2010 – Comments (2)

If you buy MercadoLibre to beat the market, you're hoping that the company can achieve better than 30% revenue growth annually over the next 10 years. To my eye, that means betting people living below the poverty line today become active Internet consumers, or that MercadoLibre is able to expand outside of the Latin American market. Neither scenario seems probable.

That's the gist of my argument. Get all of the details and relevant statistics by clicking here.

2 Comments – Post Your Own

#1) On August 05, 2010 at 4:56 PM, dragonLZ (99.59) wrote:

MercadoLibre.

Why do I always think of Nacho Libre, a great movie, when I hear this company's name...?

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#2) On August 05, 2010 at 4:57 PM, Valyooo (99.36) wrote:

Never saw the movie but I think the same.

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