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Snoopy1

Snoopy1
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  • Visa - Dollar Strength And International Tensions Will Have An Impact In The Final Quarter [View article]
    I really don't think you get it.

    First, the CEO runs the business the best he can and short-term market expectations are not necessarily reflective of what is possible assuming the CEO runs the business for the long term. Is Visa supposed to magically overcome emerging market issues and a stronger dollar?

    The ROE is the return on current equity capital. The reason V is using it's FCF for buybacks is because the company can't reinvest all of it's income in new projects at 20%.
    Jul 26 01:57 PM | Likes Like |Link to Comment
  • Visa - Dollar Strength And International Tensions Will Have An Impact In The Final Quarter [View article]
    WMT is a bully and is just mad that it can't push around Visa like all their other suppliers and employees so they try the legal route. As you said, if WMT doesn't want to accept Visa, let them stop doing so and watch their store revenues drop.
    Jul 25 10:04 PM | 1 Like Like |Link to Comment
  • Visa - Dollar Strength And International Tensions Will Have An Impact In The Final Quarter [View article]
    Since you work on the acquiring side, any views on VNTV or GPN?
    Jul 25 05:58 PM | Likes Like |Link to Comment
  • Visa slips despite beating headline estimates [View news story]
    Thanks. It seems most of it was F/X and weakness in emerging markets so not a fundamental slowing of the business. While the 3.5% stock drop seems a tad excessive, valuation was a little high so today corrected for some of this.

    At $215, the current 21x forward P/E seems reasonable (but not cheap) given it's moat and 5 year growth projections. $225 at year end seems likely.
    Jul 25 04:51 PM | Likes Like |Link to Comment
  • Visa - Dollar Strength And International Tensions Will Have An Impact In The Final Quarter [View article]
    Don't GOOG/FB/AMZN still use V and MA's network? The network is the real backbone of credit/debit transactions and serves as a strong moat for V and MA.
    Jul 25 03:36 PM | 5 Likes Like |Link to Comment
  • Should You Buy Comcast, Or This Industry Peer? [View article]
    You do realize that DTV is being acquired by AT&T for $95/share, right? How is this article useful?
    Jul 24 09:36 PM | 2 Likes Like |Link to Comment
  • Visa slips despite beating headline estimates [View news story]
    What did they guide growth down from?
    Jul 24 09:05 PM | Likes Like |Link to Comment
  • Special charges sting GM earnings [View news story]
    Margins were soft in N. America this quarter which isn't good, but as long as projections for 2015 EPS of about $4.60 don't change much, GM is still one of the better risk/rewards in this market.
    Jul 24 10:47 AM | 2 Likes Like |Link to Comment
  • Krugman's Latest Debt Denial: Why His Two Magic Numbers Don't Cut It [View article]
    Agree. We should have taken the $2 trillion spent on Bush's unnecessary war in Iraq and spent it on alternative energy R&D. The Bush tax cuts should have been used to rebuild our crumbling infrastructure which would have actually created jobs. The 2000 SCOTUS decision to install Bush as President was in hindsight a disastrous one.

    Luckily McCain lost in 2008. President McCain would have gone to war with Iran, Russia and Syria by this point.
    Jul 24 09:58 AM | 4 Likes Like |Link to Comment
  • Krugman's Latest Debt Denial: Why His Two Magic Numbers Don't Cut It [View article]
    Yep, in 2009-2010, the right wing fearmongers were saying the market and dollar would tank and that unemployment and inflation would skyrocket.

    CNBC's Rick Santelli was recently called out on his numerous wrong calls over the past five years.

    http://bit.ly/1rr2pU2
    Jul 23 05:23 PM | 2 Likes Like |Link to Comment
  • Update: Polaris Industries Earnings [View article]
    Thanks, I also watched the videos from Jay Leno's garage and others and the Indians look very competitive.
    Jul 22 10:58 PM | Likes Like |Link to Comment
  • Update: Polaris Industries Earnings [View article]
    Do you have a link to a good Indian review? I own the stock and know PII is very good at engineering so I expected the Indian bikes to be very good.
    Jul 22 08:41 PM | Likes Like |Link to Comment
  • The Stage Is Set... [View article]
    You would think Ackman would learn not to use options after he lost 90% of his money on his $billion+ 2007 bet on TGT using long-dated OTM call options.

    The guy's oversized ego leads him ignore his past mistakes.
    Jul 22 04:04 PM | 3 Likes Like |Link to Comment
  • The Stage Is Set... [View article]
    Maybe Ackman should have done a dry run presentation in front of some actual investors since clearly he didn't convince anyone today with the stock up 26%.

    I assume some of the price action is Ackman covering some of his short as even he now realizes that his presentation was a complete dud.

    I wonder if Ackman is going to credit the $50MM of investor money he spent on his half-baked analysis.
    Jul 22 03:13 PM | 7 Likes Like |Link to Comment
  • The Stage Is Set... [View article]
    If Ackman's presentation hasn't impressed anyone, why do you think he's right?
    Jul 22 02:59 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
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