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 Easy Trader. In this article, we will summarize the bulls’ thesis on KSPI. Joint Stock Company Kaspi.kz (KSPI)'s share was trading at $94.54 as of April 2^nd. KSPI’s trailing P/E was 8.82 according to Yahoo Finance.

[caption id="attachment_1196125" align="aligncenter" width="768"] People using the Cash App paying for goods and services, highlighting the impact the of the company's payment tools.[/caption]

Kaspi.kz has emerged as Kazakhstan’s dominant fintech powerhouse, integrating digital...