I think the worst fase of the new scenario of the acquirance business is over.
Indicador CIELO RDCD
margem líquida 37,80% 36,30%
ROL (2Q11/1Q11) 3,40% 9,50%
Costs (2Q11/1Q11) 9,90% 4,80%
Expenses (2Q11/1Q11) -14,80% 10,70%
MDR credit 1,17% 1,15%
MDR debit 0,74% 0,74%
MDR credit (2Q11/1Q11) -0,05pp +0,02pp
MDR debit (2Q11/1Q11) -0,02pp +0,03pp
POS rent revenue (2Q11/1Q11) -1,20% 4,60%
Prepaiment result (2Q11/1Q11) 16,20% 11,90%
Credit volume of transacions (2Q11/1Q11)5,60% 9,80%
Debit volume of transacions (2Q11/1Q11) 7,40% 4%
Cost/transaction (BRL) 0,313 0,374
Efeitos no Brasil do cenário financeiro nos EUA
3 weeks ago
5 comments:
I think that for the first time RDCD results came better then CIEL's.
Those results show that RDCD's strategy changed since the change of CEO.
They are looking more to the margins and less to the volume.
It's good for both CIEL and RDCD.
The data also show some reasons why I like CIEL the most: smaller cost per transaction (economies of scale) and more growth potencial in the prepaiment business.
“Acreditamos que há riscos de companhias de telecomunicações começarem a oferecer produtos e soluções similares”
http://exame.abril.com.br/mercados/noticias/fantasma-da-concorrencia-ainda-assombra-acoes-da-redecard-diz-planner
http://economia.estadao.com.br/noticias/suas-contas,19-acoes-ignoram-queda-da-bolsa-e-sobem,88421,0.htm
http://www.infomoney.com.br/cielo/noticia/2244680-lucro+cielo+recua+terceiro+trimestre+para+457+milhoes
Post a Comment
We encourage your feedback and we will take your comments into serious consideration. However, you must be warned that any comment that does not follow the blog philosophy (Value Investing and Behavioural Finance) will be promptly removed.