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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 on Peter’s Substack by Peter Thomason. In this article, we will summarize the bulls’ thesis on KSPI. Joint Stock Company Kaspi.kz's share was trading at $85.00 as of July 25th. KSPI’s trailing P/E was 8.21 according to Yahoo Finance.

[caption id="attachment_955276" align="aligncenter" width="750"] Photo by Clay Banks on Unsplash[/caption]

Kaspi (KSPI), the first Kazakh company to list on U.S. exchanges, is described as one of the most asymmetrical opportunities among large caps, offering a rare value play in a...