5 percent after tax earnings on a MC of $14 billion would be $700 million but the gross revenue is just over $400 million.
With no innovation, less transparency, can’t even convince the regulators, infrequent changes in the board, lot of new players entering the market providing the merchants with opportunity to push for alternatives and then worldwide economic problem....MC seems to be on the higher side. However market is always right...let the market decide!!
APT Price at posting:
$50.54 Sentiment: None Disclosure: Not Held
