NIA is excited to announce QIWI PLC (QIWI) as its #1 stock suggestion for 2018!
Currently trading for only $13.98 per share with 61.77 million shares outstanding, QIWI has a market cap of $863.54 million with $287.67 million in cash and no debt, for an enterprise value of only $575.87 million. QIWI has trailing twelve month revenues of $326.9 million for an enterprise value/revenue ratio of 1.76, compared to a trailing 5-year average of 3.04. QIWI has trailing twelve month positive free cash flow of $65.77 million for an enterprise value/free cash flow ratio of only 8.75!
QIWI is the largest and most advanced Bitcoin/Blockchain technology company in Russia, Kazakhstan, Moldova, Belarus, Romania, and the United Arab Emirates – yet the stock hasn’t yet been discovered at a Bitcoin/Cryptocurrency play! When investors begin to recognize QIWI’s leading position in the Bitcoin/Cryptocurrency space, we expect the stock to rapidly explode to $20-$30 per share. Therefore, NIA is also excited to suggest QIWI call options as our #1 options suggestion for 2018! NIA specifically likes the QIWI February 2018 $15 call options with a current ask of $1. If QIWI hits $20 per share by February 16, 2018, NIA’s QIWI call option suggestion will rise to a minimum of $5 for a gain of 400%!
QIWI was established in Russia on April 22, 2008 and today has over 152,000 physical QIWI Payment Kiosks and Terminals that are used by 51 million clients per month to make payments for over 13,000 merchants, including state organizations, utility services, mobile network operators, banks, online-shops, remittance systems. The Visa QIWI Wallet for Apple and Android devices provides a simple way for Russians to transfer money, receive payments and pay for 75,000 services around the world and is currently used by 19 million customers. It can be linked automatically to a virtual or physical prepaid card that can be used to make purchases at retailers that accept Visa worldwide.
QIWI believes that its future growth will come from the Blockchain/Cryptocurrency space and the company has been investing heavily on developing innovative, breakthrough new Blockchain/Cryptocurrency technologies while acquiring Blockchain technology startups. QIWI has been bullish on Blockchain/Cryptocurrency technology for many years and is not a bandwagon company that is only now entering the space due to the current Cryptocurrency boom.
Back in October 2015, QIWI proposed developing a new Cryptocurrency called the BitRuble and received major support from Russia’s central bank (click here to read about it). A short time later, QIWI filed a trademark application for BitRuble (click here to read about it).
In December 2016, QIWI was called a “persistent crypto player” when it announced that it is working on a major Blockchain Energy Project in Crimea. QIWI launched a test to track energy transactions using blockchain technology in partnership with Tavrida Electric, one of the world’s leading suppliers of circuit breakers and a global energy smart grid supplier (click here to read about it).
In March 2017, QIWI launched a subsidiary called Qiwi Blockchain Technologies (QBT). QBT will be responsible for the development and implementation of blockchain-based products into QIWI’s payments ecosystem, as well as for expertise and consulting services provided to external clients. The subsidiary has already developed QIWI Cryptoprocessing, which has passed tests and is ready for integration (click here to read about it).
A few days after QIWI’s announcement, Russian Prime Minister Dmitry Medvedev instructed the Ministry of Telecom and Mass Communications and the Ministry of Economic Development to study the possible applications of blockchain technology during the preparation of the “Digital Economy” program (click here to read about it).
In May 2017, QIWI closed on the acquisition of InspiRUSSIA, a fintech accelerator that is developing blockchain-based solutions (click here to read about it).
In July 2017, QIWI partnered with IT educator Scream School to open a private ‘Blockchain Academy’ in Russia that is offering a 1 month Blockchain course at a cost of 50,000 Rubles. (click here to read about it).
In September 2017, QIWI’s InspiRUSSIA hosted the first ever InspiRussia Hakaton, devoted to the creation of new products in the blockchain and Fintech-industry based on modern IT solutions. The event took place on the site of Russia’s top IT university – Innopolis and included experts from QIWI, Microsoft, Life.SREDA, and Evotor (MPOS), along with professors of computer science from Beijing and Dubai Universities (click here to read about it).
QIWI is now offered as a payment method to buy Bitcoins on LocalBitcoin (click here to see for yourself). On many Russian web sites, QIWI is now offered as one of the top payment methods to purchase any Cryptocurrency (click here for an example).
In recent months, many of Russia’s wealthiest and most influential oligarchs have been investing big into Cryptocurrencies (click here to read about it). It wouldn’t surprise us if they soon invest big into QIWI – the clear #1 leader in Russia’s booming Cryptocurrency space!