chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Aug 4, 2018 11:07:32 GMT -8
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Post by Luckychoices on Aug 4, 2018 11:34:28 GMT -8
Or year. Hey, we've been *very* disciplined and patient.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Aug 4, 2018 11:45:32 GMT -8
I recently reread the Fall 2017 Apple study by the UIowa students that was recommended by an AFB member (apologies for forgetting by whom).
”Our model anticipates a target price of $200-$210 with an upside potential of at least 14%.”
How many so-called “pros” were that accurate?
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Aug 4, 2018 12:07:16 GMT -8
It is bemusing when the media interviews Scully like he is some Apple authority, when he's the guy who, according to Larry Ellison, was instrumental in making the worst CEO firing ever. Anyway, it's clear Apple isn't hated ATM and that's good. I emailed a friend one of Cramer's pro-AAPL pieces, and he was confused why I'd care what such a clownish huckster thinks. Of course we know of the Cramer bounce and that Joe Retail watches and is influenced by Mad Money. A $1T market cap does tell us that Apple is very widely held and we need all the buyers we can get, so I'll take useful idiots on my side instead of the other. My father who also has held AAPL for 25 years at my insistence, but does not follow things anywhere nearly as closely we do or even use the Internet, nonetheless rolls his eyes at these "experts" on Closing Bell and Fast Money (I beg him not to watch, but moth to flame) who are suddenly Apple bulls and authorities, when for years they've been saying the opposite. "Those @$$holes were telling me to sell Apple last year!"
If I ever run into that arrogant $#%@&*! Dan Nathan in a bar, I do honestly believe that the bouncers would be involved. Cheers to the longs...but remember, we're always 90 days away from WS turning on us. Stay long for the long term, but short and medium bets, YMMV.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 4, 2018 12:13:21 GMT -8
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Post by CdnPhoto on Aug 4, 2018 13:47:04 GMT -8
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Post by pauls on Aug 4, 2018 18:53:37 GMT -8
Had to swap my iPhone X for a new one at Apple Store. The screen stopped being touch sensitive. Having had most of the iPhones since the original, I figure they have handed me free replacements 6 times so far, a couple that were out of warranty. It used to freak me out as a share holder—How many free replacements can they (we) afford?! I guess a lot, now. Particularly with the secondary market—fix it and move it into service. The store was bustling even though there was a big Proud Boys/Patriot Prayer demonstration going on a couple blocks away, with even bigger counter protest happening, complete with talk of armed patriots and plenty of sticks and bats on both sides. Business as usual in these divided times!
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ono
Member
compensation
Posts: 537
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Post by ono on Aug 4, 2018 22:42:59 GMT -8
I recently reread the Fall 2017 Apple study by the UIowa students that was recommended by an AFB member (apologies for forgetting by whom). ”Our model anticipates a target price of $200-$210 with an upside potential of at least 14%.” How many so-called “pros” were that accurate? I think I posted. Let me get the class’ update.
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ono
Member
compensation
Posts: 537
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Post by ono on Aug 5, 2018 20:29:15 GMT -8
I recently reread the Fall 2017 Apple study by the UIowa students that was recommended by an AFB member (apologies for forgetting by whom). ”Our model anticipates a target price of $200-$210 with an upside potential of at least 14%.” How many so-called “pros” were that accurate? I think I posted. Let me get the class’ update. around April 9th posting. The students on the team rotate. Its about time they update again. I'll post. I'm not sure I posted the youtube video last time. www.youtube.com/watch?time_continue=580&v=7i1c5VdxfCk Not that I’m taking investment advice from grad students, but interesting paper/report. (I was searching for Discounted Cash Flow valuation info.) Link to pretty exhaustive fact and valuation student paper on AAPL. More credible than many analyst, in my opinion. tippie.uiowa.edu/sites/tippie.uiowa.edu/files/documents/krause/f17_aapl.pdf This report was created by students enrolled in the Applied Equity Valuation (FIN:4250) class at the University of Iowa. The report was originally created to offer an internal investment recommendation for the University of Iowa Krause Fund and its advisory board. Nov/2017 Pre the tax repatriation fix, addressing one of their two negatives. Punchline: “intrinsic value of $199.47... hence our BUY rating. Current Price Target Price $174.87 $200-210”
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ono
Member
compensation
Posts: 537
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Post by ono on Aug 5, 2018 20:49:31 GMT -8
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ono
Member
compensation
Posts: 537
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Post by ono on Aug 5, 2018 20:57:37 GMT -8
Unlikely an update until late Fall quarter.
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