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  • Target-MasterCard data breach settlement scrapped [View news story]
    Target is the one who agreed to pay the 19 million settlement- not "MA".
    May 22, 2015. 04:41 PM | Likes Like |Link to Comment
  • Visa Is Trading At A Fair Value For Enterprising Investors [View article]
    I too am very long "V" and will be for many years to come. I hear bantered around a pricetag of somewhere between 15 and 20 Billion for VisaEurope. I read an article by another writer that said Visa Europe last year earned 354 million euros. Then another writer said they earned 246 million. Regardless which one is correct a pricetag of 15 to 20 Billion would be in the "Twilight Zone" and completely outlandish. I guess we'll have to wait and see.
    May 22, 2015. 03:48 PM | 1 Like Like |Link to Comment
  • MasterCard Continues To Impress [View article]
    Let me just say after reading your article that when governments get involved in something like this its never a good thing. You remember what the US Government did to Microsoft I presume.
    May 22, 2015. 08:08 AM | Likes Like |Link to Comment
  • 3 Reasons Starbucks Could Hit $30 Billion In Sales By 2019 [View article]
    I also am very long SBUX. Lots of growth in front of them. My only real concern is just how much can you charge for a cup of Joe. The drink that they make for me costs $4.55 and I always say when it gets to $5.00 I'm done.
    May 21, 2015. 02:51 PM | Likes Like |Link to Comment
  • CLSA sees upside for MasterCard [View news story]
    MA looks like a better long term investment than "V". MA is already in Europe where it looks like "V" is going to be "forced" to overpay badly for the priviledge of being in Europe. I can't even fathom paying 15 to 20 Billion for Visa Europe when their earnings there last year was only 354 million euros.
    May 20, 2015. 10:15 AM | Likes Like |Link to Comment
  • Visa Looks Poised To Move Higher [View article]
    I read from a different author that Visa Europe made 354 million euros last year in earnings. Don't know how that compares to your 246 million in earnings. But I do know this much with those kind of reported earnings a 15 to 20 Billion price tag would be "incredibly outlandish".
    May 20, 2015. 09:50 AM | 1 Like Like |Link to Comment
  • MasterCard Continues To Impress [View article]
    Along that same vein many people are really missing the boat on something. I have had a GM Mastercard for around 20 years now. They send you a statement telling you how many points you have and also how many points you have redeemed over the years. Over the years I have saved (redeemed) $16,000 which I have saved on GM vehichles. The card is priceless to me. Iam very long "MA" and will be for the next decade. Such a great company.
    May 19, 2015. 09:06 AM | 1 Like Like |Link to Comment
  • Visa: Market Power, Stable Growth And High Profitability Doesn't Come Cheap [View article]
    Ashvin; WOW, probably the most detailed article I have ever read on Visa. Iam very long Visa and have been since the IPO in 2008 and have also added to my position about 7 or 8 times since then. Yes, I have "averaged up". Something I normally don't do. Your article almost wore me out reading thru it. Very lengthy but also very interesting too. I don't think for one minute that Visa Europe is worth 40 Billion. I read from another writer that Visa Europe last year had net earnings of 354 million euros. If that is correct then Visa Europe would not even be worth 15 Billion atleast in my humble opinion. I guess we'll just have to "wait and see" what they come up with. But seriously I hope they don't "overpay" because that could set them back light years. Thank You for the nice article. Iam also very long Mastercard.
    May 18, 2015. 05:23 PM | 7 Likes Like |Link to Comment
  • MasterCard reportedly in the sights of EU [View news story]
    No end to this crap is there. Ridiculous.
    May 18, 2015. 04:50 PM | Likes Like |Link to Comment
  • Visa: Puzzling Action On Visa Europe [View article]
    Very nice well written article. I read another article that stated if it sells for 15 or 20 billion it would have a PE of 39 to 52 times earnings. It also stated that last year Visa Europe only made 354 million euros in earnings. I don't know if the author of that article is correct or not. But even at 15 Billion that seems exceedingly outlandish to me. I view the Visa Europe thing as more of a negative than a positive. People buy a stock because they think its going to go up but this could set the american stock price back by quite a bit.
    May 18, 2015. 08:32 AM | 2 Likes Like |Link to Comment
  • Visa Europe Is A Win For Visa Shareholders [View article]
    So 39 to 52 times earnings sounds like a good deal???? I doubt it. 20 times would atleast be reasonable.
    May 12, 2015. 05:08 PM | 1 Like Like |Link to Comment
  • Visa Europe Is A Win For Visa Shareholders [View article]
    Let me just say that "V" is my largest holding by far. Right at $500,000. But Iam a realist not a dreamer. Where in the world did you get the idea that Europe is one of the fastest growing markets on the planet???? You obviously have not done your homework. Go back to Econ 101.
    May 12, 2015. 01:15 PM | 1 Like Like |Link to Comment
  • Visa Europe Is A Win For Visa Shareholders [View article]
    Sorry, but I completely disagree with the author. If Visa Europe only made a profit of some 343 million euros then at 15 Billion Visa would be paying a ridiculous price for Visa Europe. Its a real shame that this great company may get "forced" into buying the Europe Dog. Thats how I see it. To add insult to injury they will be forced to issue a ton of new equity which of course will "dilute" your earnings and shares in a very big way. I could easily see Visa stock being stuck in the mud and going nowhere for a long time.
    May 12, 2015. 08:21 AM | 1 Like Like |Link to Comment
  • The Only Issue You Will Have With Visa [View article]
    I've been very long "V" since its IPO in 2008 and have added to it about 7 or 8 times since then Yes, averaging up. Its a great long term hold and I intend on holding it for atleast another decade.
    May 11, 2015. 02:19 PM | 2 Likes Like |Link to Comment
  • Visa +4.5% on report of talks to acquire Visa Europe [View news story]
    Not sure why this would be viewed as a positive????? 15 to 20 Billion is alot of money. Europe usually is in the doldrums. Don't get why the stock is up.
    May 8, 2015. 03:09 PM | 3 Likes Like |Link to Comment