Aug. 15 at 12:17 AM
$STNE Priced like a declining business with a PE of 4.5 after the last buybacks, yet the market keeps punishing because doesn’t grow at a sufficient rate.
If it doesn’t get the adequate retate it reserves (at least between
$15 to
$20), they will just keep buying back a ton of shares.
Basel index is 26% so they have huge resources.
In any case is a win.