Vwinner is a man, a great investor, look back all his comments. He did say Visa would never see $75 again, if you follow him and get in at that dip, what's you investment return today? Simple caculation, and I am glad I did. His prediction is almost prefect.
"And your right...numbers dont lie. V has a high current and forward PE ratio compared to MA. However, I have invested in Visa b/c of the growth potential, worldwide name recognition, the guidance of future growth of this company, guidance of buying Veurope in several months, along with the growth potential in china. Additionally this is a comapny i can relate to b/c i use visa credit cards more than i use cash. Just to keep records of all my purshases without holding on to reciepts. More banks and institution from asia (china, india), middle east, etc..etc.. have invested in this company compared to MA... which tells me that this will be the premier card which will be advertised when people go to banks to get debit/credit card in these developing countries. Although in the short term MA may look good b/c of its PE ratio and EPS....in the long run (3+ years) visa is the much better company. And I am in it for the long run... "
VDiddy posted,
"Green, I like your post's as they are informative. I'll say that MA is a good company too, I own a few shares, but that doesn't mean V is a bubble because value is in the eye of the beholder and I see that V has more bang for the buck. For every RIMM, AAPL, GRMN, MA with small P/E's there are also BIDU, ISRG, UPS, FSLR with huge P/E's, also there are others with ridiculus small P/E's: GS, C, BAC.. So, all companies come from all walks of life and each to his own which can also be said about people in general."
Visa Estimates Upped Through 2010 [View article]
"the 8th days GOD created Visa"
"I married with Visa"
A lot of people like your post, even Green Cap I think :).
Hope to see your comments again.
Visa Estimates Upped Through 2010 [View article]
Visa Estimates Upped Through 2010 [View article]
Adesai posted,
"And your right...numbers dont lie. V has a high current and forward PE ratio compared to MA. However, I have invested in Visa b/c of the growth potential, worldwide name recognition, the guidance of future growth of this company, guidance of buying Veurope in several months, along with the growth potential in china. Additionally this is a comapny i can relate to b/c i use visa credit cards more than i use cash. Just to keep records of all my purshases without holding on to reciepts. More banks and institution from asia (china, india), middle east, etc..etc.. have invested in this company compared to MA... which tells me that this will be the premier card which will be advertised when people go to banks to get debit/credit card in these developing countries. Although in the short term MA may look good b/c of its PE ratio and EPS....in the long run (3+ years) visa is the much better company. And I am in it for the long run... "
VDiddy posted,
"Green,
I like your post's as they are informative. I'll say that MA is a good company too, I own a few shares, but that doesn't mean V is a bubble because value is in the eye of the beholder and I see that V has more bang for the buck. For every RIMM, AAPL, GRMN, MA with small P/E's there are also BIDU, ISRG, UPS, FSLR with huge P/E's, also there are others with ridiculus small P/E's: GS, C, BAC..
So, all companies come from all walks of life and each to his own which can also be said about people in general."
Visa Estimates Upped Through 2010 [View article]
2007 Jan to Jun, China Banks issued 108 types of cards in total,
Visa Card - 54, 50%
MasterCard - 28, 26%
JCB Card - 2, 2%
China Union Card - 24, 22%
www.sqrb.com.cn/gb/mis...
Visa Estimates Upped Through 2010 [View article]
Visa Estimates Upped Through 2010 [View article]
Wise people walk one step and see next two steps, that's EPS estimates and price target are raised.