NCOX
📈 The Naranja X corporate bond (ON) has shown resilience, recovering value after an initial dip post-cepo removal.
🏦 The analysis highlights Naranja X’s business model, leveraging credit cards and loans funded partly by remunerated accounts, ensuring profitability.
🔒 Holding the ON is presented as a relatively stable, albeit ‘boring’, investment focused on receiving interest payments and principal at maturity, regardless of short-term price fluctuations.
@marcosemmimfp:
“I have the one from, look, uh, the one from Naranja X. Let’s see if I have it here handy. The one from Naranja X. In fact, when the currency controls were lifted, that Naranja one left me practically at 0% profit. This is it. And now it went up 20%, and I’m like, ah, it goes up, uh, it goes down, uh, I have to stay like this. I lent this much, when will they pay me the interest? When does it mature? This matures in November. Listo, that’s it. I stay with my arms crossed like this. Boring, hey. But what if you have it in the negative? It doesn’t matter, I lent 100, you have to give me back this much, but it’s worth 90? I don’t care. At maturity, they have to return the same amount of money you lent and the interest percentage they have to pay you. That’s how it works. You don’t have much more here. That’s why I tell you, this is boring. It’s worse than having a Yankee bond… This is the Naranja X one, which Naranja X also released another one, but well, Naranja, for example, I like it. I, uh, bought it precisely and bid for it because I saw the potential of the business in the sense that it’s used. Besides, I use Naranja products, so it’s quite, quite good, it works, right?”
Watch the exact part of the video where @marcosemmimfp talks about Naranja X ON here:
Watch the video on YouTube
Read more articles featuring the most recent analysis of Naranja X (NCOX) at this link: NCOX stock.
