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VISA IPO

Discussion in 'Money & Finance Forum' started by CunningRunt, Feb 28, 2008.

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  1. Feb 28, 2008 at 9:10 PM #1
    CunningRunt

    CunningRunt Full Access Member

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    Thoughts?
     
  2. Feb 29, 2008 at 9:01 AM #2
    49erpi

    49erpi Full Access Member

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    Didn't mastercard break records with their IPO earnings recently?
     
  3. Feb 29, 2008 at 9:06 AM #3
    VA49er

    VA49er Full Access Member

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    Yes, Visa's should be even bigger. The IPO is a great way to offset legal liabilities such as antitrust and unfair-pricing claims by retailers.
     
  4. Feb 29, 2008 at 1:33 PM #4
    rotocub

    rotocub like cool....only dorkier

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    I'm far from an expert, but it sounds like it's gonna be pretty hard for regular investors to get in on it. And the entry point will be at around 22x earnings compared to Mastercard's 15x entry point (if what I've read is correct).
     
  5. Feb 29, 2008 at 1:45 PM #5
    VA49er

    VA49er Full Access Member

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    IPOs have never been for the "regular" investor have they?
     
  6. Mar 1, 2008 at 9:39 AM #6
    CunningRunt

    CunningRunt Full Access Member

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    Yeah, they offered it at $46 in May 2006 and now it's trading at around $200.

    Visa also processes twice the amount of transactions that MasterCard does.

    Starting April 1st Visa will start charging an international transaction fee of .08%. Currently they only charge a fee for currency conversion (1%). This applies to online purchases as well. Think about how many people buy things off ebay from individuals located in a different country or the amount of American tourists at any given time in Paris who carry their credit card because it is safer.

    Pre-loaded gift cards are becoming very popular as well. I haven't seen statistics on them yet, but I would venture to say that more people now give them as gifts than write checks or give cash during the holidays.
     
  7. Mar 3, 2008 at 3:06 AM #7
    Savio

    Savio Freelance Pimp

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    How is VISA going to grow their business in the future? That would be a concern.
     
  8. Mar 3, 2008 at 9:35 AM #8
    chipshotx

    chipshotx Full Access Member

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    more banks issuing more cards

    new payment methods
     
  9. Mar 5, 2008 at 9:35 PM #9
    slydevl

    slydevl Asshole for the People!

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    Come on. The more and more people move from checks and cash to plastic every day. That growth alone will sustain them for years.
     
  10. Mar 5, 2008 at 10:06 PM #10
    Playa

    Playa The coach is a near

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    end times
     
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