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Qiwi plc Message Board

  • coria_chick1 coria_chick1 Mar 12, 2014 11:59 AM Flag

    Here is the reaso why this is down

    MMs got it wrong. They thought QIWI will guide lower but they didn't.
    The stock will eventually move higher today and the rest of the week. All the BS about Ukraine and Russsia are not effecting their business at all. Why should it?

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    • awand3ks Mar 12, 2014 1:22 PM Flag

      the new is not affecting their business but it does affect the stock price. all perception of risk and the Ukraine/Russian news is a huge risk. sorry, to say its going down under 34 this week. a good buy once things settle down

    • I also think they got it wrong. Earnings was good and they affirmed their outlook. Plus, they are declaring another $0.32 quarterly dividend.

      The only question I have is that the dividend is to be approved at the company's upcoming annual general meeting. Does anyone know when this is?

      At the current stock price, QIWI is a huge, strong buy. The Russia/Ukraine fiasco will get resolved and QIWI's business will remain strong.

      Sentiment: Strong Buy

11.91-0.06(-0.50%)Jul 25 4:00 PMEDT