Jun. 12 at 10:29 AM
A very interesting stock got hit with bullish flow today -
$KSPI .It is a dominant Kazakhstan super-app trading like an emerging-market bank with decent platform economics, very high user engagement, strong profitability and a pretty good valuation
At roughly 7x P/E, the stock does not need heroic assumptions to rally.
Technicals are also looking decent, but will need to move above the EMAs for more conviction.
This is a v risky EM play, so please keep that in mind and size accordingly if you decide to play this.