Miguel Maeztu
๐“๐ž๐ง๐œ๐ž๐ง๐ญ ๐›๐ฎ๐ฒ๐ฌ ๐š ๐ฌ๐ญ๐š๐ค๐ž ๐ข๐ง ๐Š๐š๐ฌ๐ฉ๐ข The news that Tencent invested alongside the CEO and CFO in Kaspi are good news to me. I am a shareholder of both companies and I hold Tencent in very high regard as a company with very reasoned and cautious capital allocation. I do not know the exact position sizing of Tencent (in total they have bought jointly 6m ADS). Having Tencent as a shareholder is fantastic news as a long-term partner for Kaspi.kz. Nothing material, but it is important for a company with a long-term strategic plan to count with long-term strategic shareholders. Link: ir.kaspi.kz/media/Tencent_Invests_in_Kaspi.kz_Alongside_Co-Founder__CEO_Mikheil_Lomtadze_.pdf ๐˜‹๐˜ช๐˜ด๐˜ค๐˜ญ๐˜ข๐˜ช๐˜ฎ๐˜ฆ๐˜ณ: ๐˜ต๐˜ฉ๐˜ช๐˜ด ๐˜ช๐˜ด ๐˜ต๐˜ฉ๐˜ฆ ๐˜ด๐˜ฐ๐˜ญ๐˜ฆ ๐˜ฐ๐˜ฑ๐˜ช๐˜ฏ๐˜ช๐˜ฐ๐˜ฏ ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฆ ๐˜ข๐˜ถ๐˜ต๐˜ฉ๐˜ฐ๐˜ณ, ๐‘ข๐‘›๐‘Ÿ๐‘’๐‘™๐‘Ž๐‘ก๐‘’๐‘‘ ๐‘ก๐‘œ ๐‘š๐‘ฆ ๐‘’๐‘š๐‘๐‘™๐‘œ๐‘ฆ๐‘’๐‘Ÿ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ช๐˜ด ๐˜ฏ๐˜ฐ๐˜ต ๐˜ช๐˜ฏ๐˜ท๐˜ฆ๐˜ด๐˜ต๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ข๐˜ฅ๐˜ท๐˜ช๐˜ค๐˜ฆ. ๐˜ ๐˜ฎ๐˜ช๐˜จ๐˜ฉ๐˜ต ๐˜ฃ๐˜ฆ ๐˜ช๐˜ฏ๐˜ท๐˜ฆ๐˜ด๐˜ต๐˜ฆ๐˜ฅ ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ด๐˜ต๐˜ฐ๐˜ค๐˜ฌ๐˜ด ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ฆ๐˜ฅ. ๐˜‹๐˜ฐ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ฐ๐˜ธ๐˜ฏ ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ข๐˜ณ๐˜ค๐˜ฉ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ช๐˜ง ๐˜ถ๐˜ฏ๐˜ด๐˜ถ๐˜ณ๐˜ฆ, ๐˜ด๐˜ฆ๐˜ฆ๐˜ฌ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ง๐˜ฆ๐˜ด๐˜ด๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ข๐˜ฅ๐˜ท๐˜ช๐˜ค๐˜ฆ. ๐˜Š๐˜ฐ๐˜ฑ๐˜บ ๐˜›๐˜ณ๐˜ข๐˜ฅ๐˜ช๐˜ฏ๐˜จ ๐˜ช๐˜ด ๐˜ฏ๐˜ฐ๐˜ต ๐˜ช๐˜ฏ๐˜ท๐˜ฆ๐˜ด๐˜ต๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ข๐˜ฅ๐˜ท๐˜ช๐˜ค๐˜ฆ | ๐˜Š๐˜ข๐˜ฑ๐˜ช๐˜ต๐˜ข๐˜ญ ๐˜ข๐˜ต ๐˜ณ๐˜ช๐˜ด๐˜ฌ | ๐˜—๐˜ข๐˜ด๐˜ต ๐˜ฑ๐˜ฆ๐˜ณ๐˜ง๐˜ฐ๐˜ณ๐˜ฎ๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ฅ๐˜ฐ๐˜ฆ๐˜ด ๐˜ฏ๐˜ฐ๐˜ต ๐˜จ๐˜ถ๐˜ข๐˜ณ๐˜ข๐˜ฏ๐˜ต๐˜ฆ๐˜ฆ ๐˜ง๐˜ถ๐˜ต๐˜ถ๐˜ณ๐˜ฆ ๐˜ณ๐˜ฆ๐˜ด๐˜ถ๐˜ญ๐˜ต๐˜ด $KSPI (Kaspi.kz) $0700.HK (Tencent) $BABA (Alibaba-ADR) $MELI (MercadoLibre Inc) $UK100
Not investment advice. The author may have financial interests in the mentioned instruments.
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