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Nuffnang

Sunday, September 29, 2013

超级工程#1:港珠澳大桥

超级工程#1:港珠澳大桥。30km bridge + 6.7km subsea tunnel, artificial island. Design life 120 years, stand for 8 magnitude earthquake, and 16 magnitude of typhoon. Construction started 2009, expected completion 2016.




Next: 超级工程#2:上海中心大厦

Tuesday, September 3, 2013

Buy VISA Inc



Expected earning will growth 50% yoy


Debt free company

UPDATE (10/9/2013):
Visa, Nike, Goldman Sachs added to Dow Jones Industry Index
BoA, hp, Alcoa are replaced. http://finance.yahoo.com/news/goldman-sachs-visa-nike-set-132500686.html

UPDATE(11/10/2013):
More than half credit card transaction worldwide payment are generated by VISA

UPDATE (30/10/2013):
Share Buybacks: Visa outstanding shares reduces from 1.08B to 787M shares since IPO 2008. It is significant reduced 27%.  Mean that the "value" of share is increased, instead of diluted, it become "concentrated".

 (Source: YCharts.com)