Where did ADBE reference China? I think that's incorrect.
and portions of YUM grew in china this quarter, others declined. Could just be misjudging China's food tastes.
it cut me off... or doesn't like some symbols:
Just FYI, the forward P/E based on the share price - cash is less than 9
this is why companies expand internationally. Saturation isn't a made up thing, it is real... but that doesn't spell doom when a company can expand it's markets...
Other companies work international expansion into their plans and are praised as growth companies, AAPL does it and people respond with "psh, terrible"... ridiculous.
Shares are trading at ~$86/shr when you factor in the cash on hand (taking into account a 30% cut for taxes to bring the money back to the US), growing their revenue STILL by double digits (high double digits likely), and are continuing to innovate (car in 2019!). Phenomenal!
Just FYI, the forward P/E based on the share price - cash is
This seems like the perfect situation for a battle of the fundamentalist vs the chartist.
It will be interesting to see how this plays out. I'm long past earnings announcement in Oct. Planning to buy more if this dips in short term from Fed fears or any other reasons.
Wha's your time horizon for your short position apex?
Agreed, the upgrade plan is not for everyone, but it's a unique way to sell direct to consumers and get a more permanent hook in people. I'm 32 so I and my friends are likely the exact target demographic here, but we all love the idea of just working this into our monthly bills/budgets and never having to concern ourselves with a large purchase.
Sometimes I spend as much going over my data plan!
Real question to me is how will companies react to this deal? My company and all the major ones I know lease everything on the tech side, does this become one more lease per employee?
When you throw in AppleCare for every "lease", the value is there. I buy a new iphone each year and sell my old one on kijiji (in Canada) and am essentially paying about $400 a year already for the privilege of the latest version.
For $450 I now get the same upgrade, guaranteed at that same cost each year, with AppleCare in case I screw it up, and I don't have to deal with the scams of selling it myself? My wife was considering we sign up in the states and just cross the border every year to upgrade, hah! Can't wait for it to expand to Canada!
HE was describing averaging down....
and wash sale rules aren't that bad to begin with. They just prevent someone from claiming a loss.
It's not illegal, just don't try to claim the loss if you do buy/sell and then buy again within a month.
What I can't understand is the lack of commentary from the company in any direction. Shareholders are getting slaughtered and all it would take is a little transparency into what is going on for some level of shareholder confidence to be restored.
I like this company, and I think long is a good play here, but I'm hesitant to buy into it again because lack of comment only makes me think that maybe their is some truth to the shorts narrative. I'm not short by any means, I think that is foolish at these levels, but their is too much risk in my mind to go long which I liekly will regret in the coming day(s).
this is the statement from 2 weeks ago right?
They pulled their report it appears. the Prescience Point website still has ANFI on the front page but reports link to some other company they are attacking.
Also, love all the disclaimers on their site. What a joke.
you don't make a move like this if there is any substance to the claims...
good news for the longs out there, congrats to you. Maybe I'll buy tomorrow...
Isn't it obvious... they've hired a load of folks from the car industry.
They purchased (not leased) a huge plot of land to build a new manufacturing plant on it.
They are talking with BMW about how they made the i3 (which is pretty impressive by the way).
And they had a series of meetings with Elon Musk a number of months ago (probably to discuss what they are now discussing with BMW).
They changed the way we connect to each other... now they are going to change the way we move
everyone is ignoring a really important item. Apple has so much cash it's border line ridiculous. Even if you took a decent cut for taxes to bring the money back into the states, when you take their cash hoard off their market cap, the stock price is trading at a P/E of 9 or so.
I can understand someone not liking apple products (I love them personally, including my apple watch) but I can't understand all of this negativity on the stock price. This is all I will say about it though, because I am enjoying buying up shares at these levels.
I'm 31 and will be able to retire by year end. Thanks for that!
If it's P/E then this should be above $110 if not above $150 (compared to historical multiple and industry multiples respectively)
If it's P/S then this should be substantially higher (currently less than .5)
If it's growth, it's gaining market share to the point some of it's competition is dropping out of the same space
Earnings growth is in play for next year (granted, revenue growth is not)
There's just not a single blemish with the exception of a year o stagnant revenue growth, but in the face of currency uncertainty and market uncertainty I think that's fair. they are still looking to grow earnings regardless.
I think this climbs, and climbs substantially. you thoughts?
applying the P/E that the stock was previously stuck around pre-earnings (8.3 or so) to the forward earning of ~$1.7, this stock should be able to fairly comfortably bounce around $14.1.
That's a ridiculously low P/E for a company growing like this one, this company is undervalued (in my opinion) by at least 10% - 25%
they said months ago they would not specifically report on Apple watch. No intent to.
And tablets are not going to be a mainstay business... catch up to 6 months ago's news...
- monsoon season reports look normal to good (despite an article on CNBC talking about the concerns of a poor monsoon, even if there isn't one)
- growth tracking well to target of $1 billion in revenue in next few years
- earnings this year is estimated to be $1.71 which places forward P/E @ 7.6
- reiterated buy recommendation with target of $17 and other recommendation at $18
What does this stock need as a further catalyst? seems like it has everything going for it!
I don't know what you are reading... everything I see outlook wise is great!