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Joint Stock Company Kaspi.kz (KSPI): A Bull Case Theory

We came across a bullish thesis on Joint Stock Company Kaspi.kz (KSPI) on Substack by Antoni Nabzdyk. In this article, we will summarize the bulls’ thesis on KSPI. Joint Stock Company Kaspi.kz (KSPI)'s share was trading at $90.86 as of May 7th. KSPI’s trailing P/E was 8.69 according to Yahoo Finance.

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Kaspi.kz (KSPI) is one of the most fascinating and underappreciated fintech stories in the global market today, offering a compelling...