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Visa

Discuss Stock buying Shares, tips and ideas for stock market dealing
ADrunkenMarcus
Lemon Quarter
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Visa

#160610

Postby ADrunkenMarcus » August 19th, 2018, 4:29 pm

Does anyone else have Visa on their watchlist, or Mastercard?

The former has gross margins in the high 60%s. Return on capital employed is pretty strong as well. The network gives a fairly good 'moat' in many respects and they still have growth options in markets such as Europe where many transactions are still cash based. Dividend growth potential pretty strong with a low payout ratio and sub 1% dividend yield.

Best wishes

Mark.

Avalaugh
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Re: Visa

#162483

Postby Avalaugh » August 27th, 2018, 10:06 pm

Yes I own both,
Great companies, visa held within Fundsmith and Buffett has some too I believe
I have a couple of percent of each in the portfolio, as Buffett mentioned in the last Berkshire meeting, they didn’t buy more as too many clever people are thinking hard of how they can distrupt the payment industry
Happy to hold 5% of portfolio for now,

Cheers

ADrunkenMarcus
Lemon Quarter
Posts: 1584
Joined: November 5th, 2016, 11:16 am
Has thanked: 672 times
Been thanked: 479 times

Re: Visa

#162690

Postby ADrunkenMarcus » August 28th, 2018, 7:19 pm

Everywhere seems ripe for disruption these days!

I did read Visa has 3 billion cards issued, which hopefully will give some sort of protection. It's the sort of company that is never cheap.

Best wishes

Mark.


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