Mastercard / Dividends / BNPL ^, page-77

our biggest differences on this stock and generally are as follows:
- what we call "growth";
me: 30% - 50%
you: nothing less than 100% p.a


- what we think is good value;
you: a company which proves to have great capital gains
me: a company which is profitable and pays investors increasing amounts per year

- how we think FLEXIGROUP on a gross per annum revenue basis;

me: growing revenue due to HUMM and BUNDLL increased usage
you: declining revenue due to declining cards business division

-how we think FXL will fund expansion
me: cash flow
you: capital raising
this is a tricky one as you may be correct it will need a capital raise depending on pace of expansion, which may be the reason to delay global roll out.


so in answer to your question based on my differences I think FXL will reach $4. I.e because of growing revenue and growing profits, translating to good dividends, which will attract a higher Price to earning.