World Stock Markets Trading Discussion - Mediocre momentum
33 replies to this topic
Posted 03 August 2018 - 02:53 PM
Do we really have to go back and fill that gap to 2852?
specie = Money, especially in the form of coins made from precious metal, that has an intrinsic value
Posted 05 August 2018 - 11:02 AM
APPLE BY THE NUMBERS - PART 2
Way back in April 2013 I did a number analysis of Apple and said it was a compelling valuation.
It was then selling at $60 and now sells for over $200
I will now repeat this exercise
Is Apple a better business than it was 5 years ago - the answer is no.
It makes $50b in profit which converts to $50B in free cash flow.
Its P/E is now 20 compared to my calculated P/E back in 2013 of 6.
It is no longer value for money and is a no growth business.
It jumped the shark in 2015.
It may be America's first Trillion dollar company but it is no longer a good investment.
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