- We believe that Freedom Holding’s stock has aggressively appreciated last year mostly thanks to the use of questionable business practices.
- As the stock begins to decline and is down YTD, there’s an indication that the momentum fades, so it’s safe to assume that the upside is limited at this stage.
- We believe that Freedom Holding is a solid short and our DCF model shows that the business’s fair value is only $34.40 per share, below the current market price.
For further details see:
Freedom Holding: Questionable Business Practices Make This Company A Solid Short