| Worth investing in V or EEFT in the long run? |
| Yes |
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33% |
[ 1 ] |
| No |
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0% |
[ 0 ] |
| V |
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66% |
[ 2 ] |
| EEFT |
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0% |
[ 0 ] |
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| Total Votes : 3 |
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| Author |
Message
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| MuZI |
Posted: Fri Apr 25, 2008 6:49 pm Post subject: Worth investing in V or EEFT in the long run? |
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Investing Associate

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| Im Not Warren Buffett |
Posted: Fri Apr 25, 2008 7:24 pm Post subject: |
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 CFO

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| I like American Express (AXP)... |
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| MuZI |
Posted: Sat Apr 26, 2008 5:05 am Post subject: |
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Investing Associate

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| Im Not Warren Buffett wrote: | | I like American Express (AXP)... |
I was looking at that before too. Any reason you would pick that above my other choices? |
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| Im Not Warren Buffett |
Posted: Sun Apr 27, 2008 4:27 am Post subject: |
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 CFO

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Better cardmember base translates to premium discount fees, plus the lending exposure means they're trading for about 14x earnings... stock typically trades for about 20x, and those past numbers include some streams that should be valued at a much lower multiple than the wide-moat transactional earnings.
Drop me a PM with your email and I'll give you a more in-depth valuation. |
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| Vester |
Posted: Mon Apr 28, 2008 6:34 am Post subject: |
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 Investing Sr. Associate

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AMEX has a lot of corporate members.
However, as an FYI the company I work for just moved from AMEX to Chase for corporate cards for some reason. |
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