Kaspi.kz (KSPI:NASDAQ) - the Definition of High Risk, High Reward
verygoodvalue.substack.com
There is not another business in the world like Kaspi.kz. A 59% net income margin, 50% YOY growth, and one of the strongest moats in the world - all for 11x earnings. So what's the catch?
Kaspi.kz (KSPI:NASDAQ) - the Definition of High Risk, High Reward
Kaspi.kz (KSPI:NASDAQ) - the Definition of…
Kaspi.kz (KSPI:NASDAQ) - the Definition of High Risk, High Reward
There is not another business in the world like Kaspi.kz. A 59% net income margin, 50% YOY growth, and one of the strongest moats in the world - all for 11x earnings. So what's the catch?