For Everything Else, There's Mastercard

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Mastercard Reports...

2 Aug 10:05pm
Posted by tonylau
0 Comments
Mastercard reported a loss?  That's right mate, yesterday evening their second quarter announcement ended up below zero, but explained that it much related to the IPO in May and their legal defense reserves that brought them down.  So the numbers looked pretty darn ugly to say the least on black and white, particularly when they were in a profit a year ago.  But if you look behind the picture, you'd realize that they did pretty well.  If you suddenly forgot about those IPO ...
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I'm a Visa Cardholder

Tags: Mastercard, Visa, Credit Cards, IPO, MA
26 May 6:40am
Posted by tonylau
0 Comments

Mastercard Incorporated

MA (NYSE)

Forecast has expired Ended: Monday June 12, 2006

Target

$42.00 and below

-$4.00 (8.7%)

Time Span:2wks and below

Final

$166.28

$120.28 (261.5%)

Recommendation

Rating:Sell

Risk:Moderate

Stop Loss Price:Unspecified

Final XP: 0

Target not reached

Analysis

In the trend of all IPOs with massive publicity, prices are inflated by the masses and the profiteers who stalk them, driving prices up upon issuance. After the pirates have had their fill and the rest of the feeding frenzy settles down, prices dip back to their intrinsic values as beheld by their underwriters. This should stay stable until their earnings report comes arrives. And yes, I prefer Visa.
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Mastercard's IPO: Simply Priceless!

Tags: Mastercard, Credit Cards, IPO, American Express, AMEX, Visa, MA, AXP
26 May 6:30pm
Posted by tonylau
0 Comments
The world's second largest credit card company, Mastercard, Inc. (NYSE: MA) just debuted their IPO yesterday on the New York Stock Exchange. It opened at $39, jumped to $42 within minutes, and finally glided smoothly to $46 by market close. This has been the biggest 2006 IPO to date, underwritten by Citigroup and Goldman Sachs, raising some $2.39 billion on some 61.52 million shares (soundly beating Google's (NASDAQ: GOOG) IPO of $1.7 billion in 2004). This sounds impressive, but the size...
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