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alexs135

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  • In a move "broadly based on proposed antitrust deals" with Visa (V) and MasterCard (MA), the EU proposes a cap on credit and debit card processing fees of 0.2% to be implemented after a two-year "transition period" during which the ceiling will only apply to cross-border charges, FT says. The move is expected to result in a €4.5B reduction in fees, according to the European Commission. V -1.32% and MA -1.66% AH. [View news story]
    The time frame of Visa purchasing Visa Europe is unknown. It could be next year, or 3 years, or 5 years, etc. Its tough to put a value of risk on something like this if you don't have a time frame.

    In any case, this and other regulation should reduce the price the Visa will have to pay for Visa Europe. If it is a set price, then yes, this will probably have a negative effect on Visa. However, I would doubt that something like the purchase of a business was established when the option was made.

    Until the time frame and price is determined, Visa has no exposure to Europe.
    Jul 18, 2013. 07:36 PM | Likes Like |Link to Comment
  • In a move "broadly based on proposed antitrust deals" with Visa (V) and MasterCard (MA), the EU proposes a cap on credit and debit card processing fees of 0.2% to be implemented after a two-year "transition period" during which the ceiling will only apply to cross-border charges, FT says. The move is expected to result in a €4.5B reduction in fees, according to the European Commission. V -1.32% and MA -1.66% AH. [View news story]
    Since that was a quote from the WSJ about the put options, do you know the price of the put options, if its a set or negotiable price, and when they can be acted upon? Just because Visa is "forced" to buy Visa Europe at some point doesn't mean a whole lot without this info.

    Currently this information isn't available and analysts are hoping for more color when Visa reports on July 24th. Despite the put options, analysts from Citi and Morgan Stanley have both said that Visa has no exposure to Europe until Visa Europe is purchased at a later date.

    Just wanted to make sure you had the correct information.
    Jul 18, 2013. 06:06 PM | Likes Like |Link to Comment
  • In a move "broadly based on proposed antitrust deals" with Visa (V) and MasterCard (MA), the EU proposes a cap on credit and debit card processing fees of 0.2% to be implemented after a two-year "transition period" during which the ceiling will only apply to cross-border charges, FT says. The move is expected to result in a €4.5B reduction in fees, according to the European Commission. V -1.32% and MA -1.66% AH. [View news story]
    Visa has no European exposure, and thus no exposure to the EU proposed cap, since it doesn't own Visa Europe at this time
    Jul 16, 2013. 05:32 PM | 2 Likes Like |Link to Comment
  • More on Apple: Berenberg's Adnaan Ahmad has downgraded shares to Sell from Buy, while also cutting his rating on Samsung (SSNLF.PK). With smartphone growth now fueled by emerging markets, "Apple and Samsung margins are peaking and growth is going to be driven by the margin-dilutive mid-to-low-end segment," he argues. Also, Citi has cut its PT to $480, citing weaker iPhone 5 and regular iPad demand. Citi, which cut Apple to Neutral in December, now expects March and June quarter iPhone sales of 34M and 25M, below a consensus of 37M and 32M. AAPL -0.2%[View news story]
    Citi cut their PT to $480 not $400
    Mar 6, 2013. 09:52 AM | 1 Like Like |Link to Comment
  • Is Yield On Cost Really Important To Dividend Investors? [View article]
    Thanks and I'll definitely pick it up

    Alex
    Nov 30, 2011. 09:25 PM | 1 Like Like |Link to Comment
  • Is Yield On Cost Really Important To Dividend Investors? [View article]
    Rich,

    Most days I can put an hour into research but every once in while, like yesterday, I got caught up in other items at work and around the house.

    I'd say currently we are comfortable with moderate risk, which is what drew me to dividend investing. Also, with the way the market changes on a daily basis I thought that this could be a good way to build our portfolio by reinvesting the dividends.

    Having said that, we have looked at purchasing a few growth stocks like Apple that have had a great performance over the past few years. I will definitely look at the Sector Switch too after seeing those results.

    Thanks again for the help and I'll definitely sign up for F.A.S.T. graphs. I always like looking at Chuck's analysis.

    Alex
    Nov 30, 2011. 04:56 PM | Likes Like |Link to Comment
  • Is Yield On Cost Really Important To Dividend Investors? [View article]
    Rich and Dave,

    My fiancee and I are both young, 32 and 33, and are looking to start investing very soon. I've spent the past few months reading investment books along with SA articles and responses from the two of you, Chuck Carnevale, David Fish, and David Van Knapp so we can learn from those that have many years of investing under their belt.

    Having said that, I'm wondering if you could give me some feedback as to where you would begin investing if you were us. My thoughts were to scan for stocks that had a PE of 14 of less, a PEG of 1.0 of less, has increased profits for the past 10 years, has a dividend of 2.5% of higher, and has increased their dividend over the past 10 years. Are these good requirements to have when selecting a stock or would this be too restricting and limit our potential growth?

    Any comments are appreciated and thanks in advance for the help!

    Alex
    Nov 28, 2011. 01:20 PM | 1 Like Like |Link to Comment
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