I appreciate the thinking - long PAGS - second largest position representing 14.9 pct of my portfolio. The growth re pix from both a macro perspective and company specific one is noteworthy, generally speaking - now absorbing 10% The nations transactions speaks volumes regarding their growth trajectory and potential flexibility looking ahead. From my recollection, they were at 2% a couple years ago - I see Pix as a an underrated intangible positive iin light of Brazil, being so underbaked as you pointed out - it’s a useful metric of trajectory and A sponge that gets you in the door.
When stocks move up and down, perhaps staying down for longer than one might imagine, There are no rules nor reason - however it is pretty unusual to find growth and value heavily discounted. on top of this, if and when these kinds of remarkable equites Display more signs of leading their peers than not, much less moat potential(I don’t see a moat here yet) a run usually comes.
I know u don’t want more china exposure but can you help me out with $NISN. It is a net net that’s trading at pe of around 1 and is also PCAOB approved. It also won a fraud case.
They also have a couple negatives, they once placed new equity under the share price on the open market, they also openend a new trading segment that’s way lower margin, they also get delisted soon if they don’t do reverse split soon and most importantly they are really bad at communication.
I don’t get why they are trading so cheap, so I hope u can take a look at it and make some sense why they are so cheap Or is it simply because they are Chinees.
The central bank of Brazil released their own payments processor(Pix). It's cheaper than other electronic payment methods and, last time I looked, was quickly gaining market share. This is why both $STNE and $PAGS fell so dramatically in q4 '21. I didn't see it in your write-up and it's something to consider.
Thanks for the article, seems like PAGS is the Venn Diagram of growth bros and EM value investors.
I appreciate the thinking - long PAGS - second largest position representing 14.9 pct of my portfolio. The growth re pix from both a macro perspective and company specific one is noteworthy, generally speaking - now absorbing 10% The nations transactions speaks volumes regarding their growth trajectory and potential flexibility looking ahead. From my recollection, they were at 2% a couple years ago - I see Pix as a an underrated intangible positive iin light of Brazil, being so underbaked as you pointed out - it’s a useful metric of trajectory and A sponge that gets you in the door.
When stocks move up and down, perhaps staying down for longer than one might imagine, There are no rules nor reason - however it is pretty unusual to find growth and value heavily discounted. on top of this, if and when these kinds of remarkable equites Display more signs of leading their peers than not, much less moat potential(I don’t see a moat here yet) a run usually comes.
1. CLS
2. PAGS.
I know u don’t want more china exposure but can you help me out with $NISN. It is a net net that’s trading at pe of around 1 and is also PCAOB approved. It also won a fraud case.
They also have a couple negatives, they once placed new equity under the share price on the open market, they also openend a new trading segment that’s way lower margin, they also get delisted soon if they don’t do reverse split soon and most importantly they are really bad at communication.
I don’t get why they are trading so cheap, so I hope u can take a look at it and make some sense why they are so cheap Or is it simply because they are Chinees.
The central bank of Brazil released their own payments processor(Pix). It's cheaper than other electronic payment methods and, last time I looked, was quickly gaining market share. This is why both $STNE and $PAGS fell so dramatically in q4 '21. I didn't see it in your write-up and it's something to consider.
I dont really understand the relation between the interest rate and their earnings?
they have loans outstanding at lets say 10% then inflation is 15% so their loans are loss making?