Mastercard IPO Tomorrow 5/24/06

[Jadow]

So, who's going to buy stock in Mastercard tomorrow?

IPO Price is $40-$43 per share. It's a cash cow.

Google was available for $80 on it's IPO day.

 

[everman]

I wonder how many people are choking on their burger while trying to make a phone call...


...but really, I think MC should do well. Some of the recent economic data isn't exactly good news, but overall I think it looks ok.

 

[43st]

Vonage part II

 

[everman]

The IPO is priced at $39, not 40+. Looks like it's going for a bit lower than expected.

 

[DaiShan]

Originally posted by: Thera
Vonage part II

Well, the one major difference being that MC is profitable whereas Vonage is not.

 

[Taggart]

who cares what the share price is? it could be $1 or $10000 / share

tell me what the share price is AND the number of shares being offered

 

[Goosemaster]

I didn't know that MC was private😱

 

[remagavon]

Symbol is "MA"?

 

[everman]

Originally posted by: Taggart
who cares what the share price is? it could be $1 or $10000 / share

tell me what the share price is AND the number of shares being offered

61.52M shares.

It could be ugly tomarrow, but the upside looks good for the year. Might want to wait and see what happens tomarrow though.

 

[Syringer]

Originally posted by: Taggart
who cares what the share price is? it could be $1 or $10000 / share

tell me what the share price is AND the number of shares being offered

Um, because if it were $10000/share a good number of people wouldn't be able to afford 1 share.

 

[Jadow]

One article from Morningstar said Mastercard gets an average of $.14 on every MC transaction. Think how many transactions there are worldwide. OMG!

And as we move from a CASH/CHECK payment economy to a electronic, guess who's there.

 

[mugs]

Originally posted by: Syringer

Originally posted by: Taggart
who cares what the share price is? it could be $1 or $10000 / share

tell me what the share price is AND the number of shares being offered

Um, because if it were $10000/share a good number of people wouldn't be able to afford 1 share.

<--------------------Taggart's point


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Syringer's head

 

[Jadow]

the numbers of shares is meaningless without knowing what the earnings are, so you can get the earnings per share, and they the PE ratio.

From what I read, MA's initial PE will be around 16.

 

[amdforever2]

Mastercard is only as strong as the banks behind it.

If Bank of America launches it's own network, Visa continues as number one, and prime banks continue to go into Amex branded cards, MC has some rough waters ahead.

 

[gotsmack]

I'm in for a few hundred. Bank of America isn't going to break out of their network, Mastercard recently cut a deal with them.

MA is a potential takeover target for BoA.

 

[JinLien]

Originally posted by: Jadow
One article from Morningstar said Mastercard gets an average of $.14 on every MC transaction. Think how many transactions there are worldwide. OMG!

And as we move from a CASH/CHECK payment economy to a electronic, guess who's there.

What are MC short term & long term goals, percentage of market share, earning income to operating cost, earning forecast?

 

[amdforever2]

Bank of America is a senseless glutton of a corporation.

Size, size, size.

Yet Citigroup is more profitable, AFAIK.

 

[ultimatebob]

Originally posted by: everman
I wonder how many people are choking on their burger while trying to make a phone call...


...but really, I think MC should do well. Some of the recent economic data isn't exactly good news, but overall I think it looks ok.

Would it be a Burger King burger? They just went public too 🙂

 

[halik]

Originally posted by: Jadow
So, who's going to buy stock in Mastercard tomorrow?

IPO Price is $40-$43 per share. It's a cash cow.

Google was available for $80 on it's IPO day.

Vonage got anhilated... I wouldn't be too exatatic about public offering in a bear market...