torino-t

Visa: Why I Sold All of My Shares

If you all (short or long) would please pray or preform some sort of an act so that VISA goes down below $70.00 need to buy more...I've added some to my core holding around $75.00...

I hope to god that some of you shorts are correct and visa goes down now...cuz, in a year or so, you'll see its price north of $150.00 and yes 150.00 because of EU's, lock ups, Discover, foreclosure & so on...

Credit card transactions (just remember the way we use our cards here in the US & W.Europe since the 70s), now let's welcome the new generation of rich middle class of India-China- Brazil-Russia & some non-EU members that will use their VISA or MA.

Call me selfish but let's hope that the price goes down, need to add to my core holding...whoever has a doubt go and check...ETN, BLK, AMG, BEN, PRU...if and only if we all bought in these companies 5-10 years ago...same concept.

Visa Keeps Charging Ahead

DEBT cards . should be Debit cards

transaction fees on debts too ... debits too. :)

Visa Keeps Charging Ahead

Distinctive,
2/3s of US consumers own Visa or MA or both. So there's still more growth in US. Even if the cards are maxed out...the majority of consumers will try to hold on to them (at least make the min payment) because they use them as a DEBT cards too. Both Visa & MA receive transaction fees on debts too.

The booming economies of most of Asian countries and the 3 South American countries of Brazil, Argentina & Chile will use their credit cards more & more as we started here in the late 70s & early 80s.

The huge growth for processors of both CREDIT & DEBT is ahead of us. I can't predict the price or the value of the stock but I own it in my core holdings and also calls (Dec08 & Jan09). As soon as we know about Visa Europe then we can calculate the price by using the multiple by earning. Hope this will help.

Tuesday Watch: More E&P Earnings

Nice work & thx.

Any idea about the possiblity of CHK & HK getting together?

Visa: Near-Term Fluctuations Present a Buying Opportunity

This is 4 the new investors (the key word is INVESTOR) in V, please pay attention 2 the last paragraph of the article below. Also read March 25th & 26th news ( Coporate China extends...Visa director, president & CFO buy shares).

1st some of my 2 cents :)
The big boys (i.e. JPM, BA, C,...with holdings of Billions will help the price 2 go up & up & up at least until their lockup period (2.7 yrs)...

It's a fact that in most Asian & south American countries, ppl still using cash 4 everyday transactions but because of the boom in their economies they're turing 2 credit cards & over there the usage of credit card transation is at its infancy. Bottom line lots of & I mean TONS of future transactions.

Lastly, there are some shorts mentioning about the new credit card reforms...NON of THESE REFORMS ARE POINTED at VISA. Visa is the processor not the issuer. These guys are as confused as the FAST MONEY bunch when it comes to understand the future potential of V. now here's the article...

JPMorgan Chase makes $1B-plus on Visa IPO
Other banks getting hundreds of million of dollars in Visa offering, giving much-needed boost to their bottom lines.
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By Tami Luhby, CNNMoney.com senior writer
Last Updated: March 21, 2008: 2:19 PM EDT

NEW YORK (CNNMoney.com) -- Thanks to its stake in Visa's initial public offering this week, JPMorgan Chase & Co. has enough money to pay for its Bear Stearns purchase and still have about a billion dollars left over.
JPMorgan (JPM, Fortune 500) made at least $1.36 billion in Visa (V)'s IPO Wednesday, according to federal filings. JPMorgan is the largest of six principal bank stockholders of the the card processor, who all reaped big bucks from the offering. The debut was so successful that Visa sold additional shares, boosting the banks' takes.
"JPMorgan had a great week," said John Fitzgibbon Jr., founder of IPOScoop.com, an independent IPO rating service. "They walked away with $1 billion in their pocket and that's after buying Bear Stearns."
JPMorgan scooped up embattled Bear Stearns for the bargain basement sum of $342.6 million, based on the bank's closing share price on Thursday.
The Visa windfall couldn't come at a better time for banks, which are struggling to raise much needed funds amid a credit crunch on Wall Street and a faltering economy. It will help boost banks' first-quarter earnings, provide them more reserves for loan losses and improve their capital, an important measure of an institution's financial health.
"It's hard to raise that kind of cash in today's market," said Chip MacDonald, partner in the capital markets group of Jones Day law firm. "It gives them more flexibility."
The IPO should increase banks' first-quarter earnings by about $5.4 billion, Keith Horowitz, analyst at Citi Investment Research, wrote in a research note, according to the Associated Press.
Other banks receiving big windfalls from the IPO include: Bank of America Corp. (BAC, Fortune 500), $675.3 million; Citigroup Inc. (C, Fortune 500), $324 million; U.S. Bancorp (USB, Fortune 500), $298.7 million, and Wells Fargo & Co. (WFC, Fortune 500), $295 million, according to the IPO prospectus filed with the SEC.
National City Corp., which was listed in the prospectus as getting $470.5 million, announced Thursday that it would see a gain of $530 million from redeeming 39% of its stake.

The banks still hold a significant stake in the card processor. Based on Thursday's closing price of $64.35 per share, their ownership was worth $4 billion for JPMorgan, $2 billion for Bank of America, $1.4 billion for National City, $952 million for Citigroup, $878 million for U.S. Bancorp and $866 million for Wells Fargo.

Visa: Near-Term Fluctuations Present a Buying Opportunity

V Winner

I own V.
Re: down payment...I don't post but I had 2 break my habit 2 THANK YOU 4 yr honest & sincere response 2 Newbie. God bless u & good luck (although with V u don't need luck u r lucky by owning it :) ).

Re: Potential Regulatory Changes...with all due respect I think most of these regulatory changes will be aimed at the issuers not the processor (V).