Seeking Alpha
  • Philip Saglimbeni
    nice volume on $MA while making all-time highs, playing catch-up to $V, both are great long-term
    5/3/13
    Reply (16)
    • James Sands: Phil, from a market cap perspective, how high do you think they can go with $V being around $120 B and $MA around $70 B?
      5/3/13
    • James Sands: Say the next 20 years or so?
      5/3/13
    • Philip Saglimbeni: James, much like, when given comparable companies I prefer the smaller market cap to the larger one, I think obviously it depends on growth
      5/3/13
    • Philip Saglimbeni: but with MA I like to use revenue as a guide and it always seems to hover around the 10% of market cap figure, so for instance 2013 MA is
      5/3/13
    • Philip Saglimbeni: expected to generate 8.26 billion and 2014 approx 9.2 billion and i would estimate that the market cap sticks to that ratio for a while
      5/3/13
    • Philip Saglimbeni: so maybe end of year MA is closer to 80 billion, 90 billion in 2014, as long as growth keeps u above 10% (which is a big if)
      5/3/13
    • Philip Saglimbeni: it could follow along those lines, just a little theory I've put out there, Visa is similar
      5/3/13
    • Philip Saglimbeni: I couldn't say 20 years out confidently tho, so much could happen
      5/3/13
    • James Sands: Thanks for the insight Phil. I'm just curious as market caps get to certain levels. You know my focus of scale, but I'm sure some companies
      5/3/13
    • James Sands: in these ranges will be successful growing larger too.
      5/3/13
    • Philip Saglimbeni: James, check out FleetCor, FLT, very interesting, provides fuel cards to truckers, another great payments play, I like this one
      5/3/13
    • Philip Saglimbeni: reported well last night
      5/3/13
    • James Sands: Thanks Phil, interesting company just based on a quick read and scan of financials, seems like a one boat has definitely been missed....
      5/3/13
    • James Sands: at these levels, I'll add it to the database though.
      5/3/13
    • Ocean Man: It's a shame that excellent posts like this are outweighed by about 1,000 to 1 by useless posts about $NOK and $BBRY on this board.
      5/4/13
    • Philip Saglimbeni: thanks Ocean, the good ones are worth finding ; )
      5/4/13