Empresa de meio de pagamentos Stone faz pedido de registro na Nasdaq
comentada em 23/04/2019 12:24

Enquanto isso na B3....ZZZZZZZzzzzzzzZZZZZZzzzzzzz

Estive em um congresso em que o Diretor de Operações da Stone fez uma apresentação. Desde então sempre pergunto sobre a maquininha verde nos estabelecimentos. Todos falam muito bem dela, muito bem mesmo

Pelo visto eu vou migrar para ela essa ano ainda.

Por que essas empresas preferem fazer IPO lá fora?

(Migramos pro stone, sem problemas até agora)

Na B3 ja tem a Cielo e " There can be only one" 

@Spiga esta pergunta eh seria mesmo?

É sério pô. Porque algumas empresas estão fazendo IPO lá fora, e não na B3?

Exposição a um mercado muito maior.

Moeda forte.

Menos burocracia.

Mundo hoje é um só (globalização). Melhor ter o capital em moeda forte.

E por aí vai.

so a apple sozinha vale mais q a Bovespa toda
isso te responde?

uma ação de la vale mais q todas daqui
la tem 200 milhoes de investidores
aqui tem 500 mil cpfs

o quadro da stone está disponível na área de stocks? @Huoya

Chego atrasado no post, mas existe uma vantagem pouco observada em fazer o IPO nos EUA. A Stone é nova entrante em um mercado com um risco regulatório enorme, e cujos maiores players tem boas relações com os órgãos de fiscalização - inclusive tendo sido blindados por eles até pouquíssimo tempo atrás. Se tornar uma empresa americana mitiga um pouco esse risco e trás um certo respaldo político para a mesa de negociação.

@t_fla_ba esta la sim

@Bastter @Huoya não encontrei lá , vocês podem confirmar por favor? 

@gustavo tava vendo para colocar

não tem no fornecedor ainda
provavelmente por falta de balanço publicado no SEC

mas vou ver com eles para pelo menos termos o mural

@gustavo

Não sei, pq a empresa é do Brasil mas ta com sede registrada nas Ilhas Cayman

Confirmei aqui que é ADR  @gustavo, eles entregam o 6-k ao invés do 8-k

"a empresa é do Brasil mas ta com sede registrada nas Ilhas Cayman"

então só pela fonte das ADRs mesmo, conseguindo cadastrar aviso aqui

cadastrada

vai ser atualizada como ADR

STNE - StoneCo Ltd - Stocks - Bastter.com

estou olhando certo?...mkt cap da Stone = $9bi ~R$ 35bi. Da Cielo = R$ 25bi ...como pode isso

Sim, os dados estão certo. Na verdade atualizado STONE ta valendo quase 10,5b

Como pode isso?

Mercado precificando

1- Uma banquinha de revista de capital aberto nos EUA tem mais valor de mercado do que muita empresa sólida no Brasil;

2- O mercado não compra só o resultado, compra a perspectiva de resultado. A expectativa para a Stone é gigante, especialmente com ela não se limitando à adquirência e oferecendo conta PJ e crédito para a base ativa - mercado no qual a Cielo, Rede e Getnet não podem atuar sem entrar em conflito com o controlador.

@jglucenac ... muito bom seu ponto da adquirencia, nao sabia disso. Mesmo assim me impressiona essa precificação do mercado qdo olho o valor da Cielo vs Stone. E pensar q um dia Stone era do BTG e o BTG vendeu pra fazer dinheiro...hj vale bem mais que o Banco 

@jhfarena minha impressão é que está começando a haver uma percepção de que a Stone e a Cielo são animais completamente diferentes, especialmente após os comentários do CEO após o último balanço. A ideia da Stone é, por óbvio, expandir a base ativa no mercado de adquirência, mas não para por aí: eles trazem um pacote de produtos para rentabilizar a base e evitar a perda de clientes em um mercado extremamente prostituído que nenhuma concorrente - com a exceção de, por incrível que pareça, a PagSeguro - sequer sonhou em ter e que, mais uma vez, fica até impossibilitada de ter por conflito de interesses com o controlador.  

Se fosse comparar com alguma empresa em modelo de expansão, seria com a Alibaba, não com as outras adquirentes nacionais. Expansão da base num ritmo absurdo através do modelo inovador de polos próprios (nos releases estão chamando de "Stone Hubs") e penetração/rentabilização através de novos produtos.

Só não dá lucro :)

1 de abril:

StoneCo Ltd. Announces Launch of Proposed Follow-on Offering of Class A Common Shares
 




SÃO PAULO, Brazil, April 01, 2019 (GLOBE NEWSWIRE) -- StoneCo Ltd. (STNE) (“Stone” or the “Company”) today announced that it has launched a proposed follow-on public offering of 17,950,000 of its Class A common shares, which are being offered by certain selling shareholders (the “Offering”) pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). In connection with the Offering, certain shareholders intend to grant the underwriters the option to purchase up to 2,692,500 additional Class A common shares. Stone will not receive any proceeds from the sale of secondary shares in the Offering by the selling shareholders. 

18 de abril:


Here's Why StoneCo Stock Is Plunging Today
One of StoneCo's rivals just announced a big competitive threat.






Matthew Frankel, CFP
(TMFMathGuy)


Apr 18, 2019 at 11:44AM




What happened
Shares of Brazilian fintech company StoneCo (NASDAQ:STNE), which gained notoriety in recent months after being added to Berkshire Hathaway's portfolio, are plummeting today. As of 10:45 a.m. EDT, the stock was down nearly 25%.

So what
Generally speaking, moves like this are often seen after earnings announcements, but StoneCo isn't set to report earnings again for another couple months.

In this case, the plunge appears to be triggered by a move from a rival company. Itau Unibanco Holding SA(NYSE:ITUB), a large Brazilian bank, said that it will begin to advance credit card payments to small and medium-sized merchants.

Itau's card-processing unit, Rede, will pay merchants in just two days, much faster than the 30-day industry standard. This could certainly put pressure on other payment processors in the Brazilian market, including StoneCo.

StoneCo Ltd. Releases CEO Letter to Shareholders
 

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April 19, 2019 14:09 ET | Source: StoneCo Ltd.
 
 

SÃO PAULO, Brazil, April 19, 2019 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today released the following CEO letter:

To our shareholders:

As we have seen in the past, competitor campaigns generate a lot of noise, but we remain focused on delivering a differentiated value proposition to our clients through our proprietary and disruptive business model. However, given some recent inquiries we have received and the lack of information in the market we wanted to share some of our thoughts and perspectives to put some of this noise into context.

Aggressive [REMOVIDO]s to Recover Lost Share from Legacy Providers is Nothing New 

We have seen numerous aggressive [REMOVIDO]s from competitors in the past, including discounts, promotions and  “zero rate” offers, in an attempt to lure customers to legacy bank offerings that have been losing market share and to force clients to use additional bank services. For example, we have seen legacy providers announce high double digits discounts to our clients, which turned out to be closer to 5% or 10% in reality. We have also seen competitors offer 0% MDR rates to our clients, which turned into much higher rates after 3 months. Despite these efforts in the past, we have seen limited impact to our business, which has continued to produce growth and market share gains.

Anti-Competitive Actions from Banks are Not Uncommon in Brazil

We have seen banks in Brazil fined for anti-competitive actions as a result of their attempts to gain market share through untransparent pricing strategies. That´s how some large players in the country have been doing business for years. For example, Itaú paid fines in the recent past for anti-competitive measures that tied offerings together in an attempt to win new business. As noted in our prospectus, it was in 2010 that the Central Bank of Brazil and Brazilian antitrust authorities implemented a series of [REMOVIDO]s to create a regulatory framework aimed at fostering a more open and competitive environment. We designed Stone to disrupt the incumbents model and their practices by providing differentiated offerings to our clients through a strong client-centric culture as well as fair and transparent rates.

At This Moment, The Latest Incentive Offers from Competitors Don’t Change Our Strategy

We are always monitoring our competitive landscape and taking note of various marketing programs, competitor [REMOVIDO]s and potential anti-competitive actions.  For example, Rede (an affiliate of Itaú) recently announced a new pricing offer for part of its prepayment solution, offering zero prepayment rates in some cases. Our initial thoughts on this are the following.

First, as total take rates paid by clients include other components such as MDRs and subscription revenue, it is still unclear what will be the benefit to clients on a take rate basis. Given discrepancies between how take rate is distributed among revenue streams from different players in the market, we do not believe that all clients being offered such zero prepayment rates will have lower take rates when compared to Stone´s current offering.

Second, we do not believe that clients choose Stone only based on price, but rather because of the value proposition it offers, that includes integrated solutions, unique customer service and level of support, reconciliation features, as well as transparency in all rates. That´s one of the reasons why Stone has been able to accelerate its net addition of clients, keeping healthy growth and take rate levels despite a very competitive market.

At this time, it is still very early to discuss how such new offerings from competition could impact our business. As always, we will continue to listen to our clients to find new ways to serve them better and disrupt existing incumbent offerings.

Stone will always advocate in the market and with authorities for transparency in the rates in Brazil to make it simpler for clients to understand and make their choice.

The relationship we have with our clients and shareholders is very important for us. If and when we see any material changes in our operations because of competition, we will be the first ones to communicate to you. We remain very confident in our strategy, the strength of our business model and our profitability going forward.

Kind Regards,

________________________________________
Thiago Piau, CEO

concorrencia finalmente acontecendo por inciativa de um grande banco! Eu fiquei positiva em relaçao a essa iniciativa da rede