MikeRowcap, in my previous post my first sentence I mentioned 100 percent return-not 10%. Read the words. You can invest $27,000 else where and double or triple your returns.
The market is giving many double returns right now, one such sector is in health. From 2.3c to 6.5c in the matter of 24 trading days.
The point being, APT has a market cap of 6.18 Billion dollars. From my hypothetical buy the other day it cost me $27,000 dollars to buy 1,000 shares at $27. A few days later my shares are worth $24,480 dollars. For me to gain my 100% return I require APT share price to double to $54.
When I compare APT like for like on a market cap comparison, is my money working for me at these prices? Is APT going to return "Dividends" in the next 12 months? Will the "Dividends" match the return of other companies with similar market caps?
We all know the greatest wealth was created by buying shares in APT at $5. Kudos to all those very smart investors. Also we all know that APT is by far the greatest trading stock currently listed on the ASX. APT can go up or down in a single day by $dollars.
Unfortunately, not everyone can sit at their computer screen trading shares all day! Some of us have to work 10 to 12 hours in a pressure cooker environment that does not lend you the time to gaze at the computer screen.
At $27 dollars the risk to reward is very high.
Some stats on another stock as a comparison in market cap only.
COH currently has a market cap of approx 12.78 Billion. This company has been returning dividends to its share holders since 2009.
Its last interim dividend was 155 cents. If you are not sure what that is $1.55 per owned share.
Now lets get real here, If I am to double my return on APT from $27 entry, I need to see $54 dollars share price. That will give APT approx market cap of 12.36 Billion.
What will be the dividend return to support such a market cap? And everyone is telling us APT is going to $200.
Yep, I think of got it.
GLTA
APT Price at posting:
$24.48 Sentiment: None Disclosure: Not Held
