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re: Visa getting roughed up today?

Posted on 8/1/13 at 10:36 am to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 8/1/13 at 10:36 am to
their CAPEX is very low, they make so much profit per employee it is ridiculous. Like I said before they carry no credit risk like amex, if you default on your visa it's the banks problem, visa is just a toll road who makes more and more as prices go up, they make a fat percent of every swipe you make on your card, it's the ultimate business model in my book. The 100% yoy dividend growth the last 2 years is evidence of just how much this company is growing.

It was a deal at $190 yesterday, it's a steal at $177 now

have you seen how much gas prices have risen recently? Visa makes more bc of the higher gallon price correlating with their set fee, same with higher grocery bills,higher phone bills, etc. As long as prices keep rising and more and more people use less and less cash and visa charges the same flat fee, their profits are going to rise......i dont see any of my bills going down ever.

and i forgot to add its the biggest credit card company in the industry

The only threat to visa is our government!!!!
This post was edited on 8/1/13 at 10:43 am
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89628 posts
Posted on 8/1/13 at 10:44 am to
quote:

It was a deal at $190 yesterday, it's a steal at $177 now


I'm buying 30 to 35 shares before the ex-dividend date. Under $190 - I'm happy.
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