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FTSE 100 still unpopular
Comments
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123mat123 said:There are many posts on here saying how bad the FTSE 100 is....
A way of holding FTSE shares in ones own portfolio is on an equally weighted basis. You've mentioned some quality names that would form a solid backbone to a portfolio. FTSE100 is to small a number of shares to be focussed in on.
Oil and energy companies are transitioning. The global challenge of ESG is a long and expensive road. No need to write them off yet.
FTSE 250 has provided UK investors with decent returns of the years. As provides a broad universe of equity stocks. With around 48% of income generated overseas. Well worth a look.
Catch all would be the FTSE 350 that would dilute the impact of the major caps.0 -
Share buybacks have masked the poor financial performance of many. That is an interesting theory Thrugelmir.
Which ones?0 -
ZingPowZing said:Share buybacks have masked the poor financial performance of many. That is an interesting theory Thrugelmir.
Which ones?0 -
ZingPowZing said:Share buybacks have masked the poor financial performance of many. That is an interesting theory Thrugelmir.
Which ones?
Over the last 5 years Apple's 12 months earnings have increased from 53bn to 57bn. That is about an 8% rise over 5 years.
In the same timeframe their earnings per share has increased from 2.31 to 3.29 - about 40% up. That is because over those 5 years they have reduced the number of shares from 23bn to 17.5bn, which has been a massive help in pushing the share price up while also keeping the PE ratio reasonable. Nothing wrong with that at all but it can hide the fact from a casual observer that Apple have not been growing much for a long time now.
For reference the Apple share price has risen over 300% in that 5 years, while basically staying still.
Kind of reminds me of a big FTSE dividend payer..2 -
Prism said:ZingPowZing said:Share buybacks have masked the poor financial performance of many. That is an interesting theory Thrugelmir.
Which ones?
Over the last 5 years Apple's 12 months earnings have increased from 53bn to 57bn. That is about an 8% rise over 5 years.
In the same timeframe their earnings per share has increased from 2.31 to 3.29 - about 40% up. That is because over those 5 years they have reduced the number of shares from 23bn to 17.5bn, which has been a massive help in pushing the share price up while also keeping the PE ratio reasonable. Nothing wrong with that at all but it can hide the fact from a casual observer that Apple have not been growing much for a long time now.
For reference the Apple share price has risen over 300% in that 5 years, while basically staying still.
Looks like a winning strategy.1 -
ZingPowZing said:Prism said:ZingPowZing said:Share buybacks have masked the poor financial performance of many. That is an interesting theory Thrugelmir.
Which ones?
Over the last 5 years Apple's 12 months earnings have increased from 53bn to 57bn. That is about an 8% rise over 5 years.
In the same timeframe their earnings per share has increased from 2.31 to 3.29 - about 40% up. That is because over those 5 years they have reduced the number of shares from 23bn to 17.5bn, which has been a massive help in pushing the share price up while also keeping the PE ratio reasonable. Nothing wrong with that at all but it can hide the fact from a casual observer that Apple have not been growing much for a long time now.
For reference the Apple share price has risen over 300% in that 5 years, while basically staying still.
Looks like a winning strategy.
However just like those companies have eventually had times when profits have fallen, buybacks slow and dividends get cut then unless Apple manage to innovate something and actually grow the same might happen. You don't really want to be still in there when they announce that - but until then, fill yer boots!
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Prism said:ZingPowZing said:Prism said:ZingPowZing said:Share buybacks have masked the poor financial performance of many. That is an interesting theory Thrugelmir.
Which ones?
Over the last 5 years Apple's 12 months earnings have increased from 53bn to 57bn. That is about an 8% rise over 5 years.
In the same timeframe their earnings per share has increased from 2.31 to 3.29 - about 40% up. That is because over those 5 years they have reduced the number of shares from 23bn to 17.5bn, which has been a massive help in pushing the share price up while also keeping the PE ratio reasonable. Nothing wrong with that at all but it can hide the fact from a casual observer that Apple have not been growing much for a long time now.
For reference the Apple share price has risen over 300% in that 5 years, while basically staying still.
Looks like a winning strategy.
However just like those companies have eventually had times when profits have fallen, buybacks slow and dividends get cut then unless Apple manage to innovate something and actually grow the same might happen. You don't really want to be still in there when they announce that - but until then, fill yer boots!0 -
ZingPowZing said:Prism said:ZingPowZing said:Prism said:ZingPowZing said:Share buybacks have masked the poor financial performance of many. That is an interesting theory Thrugelmir.
Which ones?
Over the last 5 years Apple's 12 months earnings have increased from 53bn to 57bn. That is about an 8% rise over 5 years.
In the same timeframe their earnings per share has increased from 2.31 to 3.29 - about 40% up. That is because over those 5 years they have reduced the number of shares from 23bn to 17.5bn, which has been a massive help in pushing the share price up while also keeping the PE ratio reasonable. Nothing wrong with that at all but it can hide the fact from a casual observer that Apple have not been growing much for a long time now.
For reference the Apple share price has risen over 300% in that 5 years, while basically staying still.
Looks like a winning strategy.
However just like those companies have eventually had times when profits have fallen, buybacks slow and dividends get cut then unless Apple manage to innovate something and actually grow the same might happen. You don't really want to be still in there when they announce that - but until then, fill yer boots!
The point really is understand what it is you are buying and why. In Apples case you are currently buying an ex growth company that commits large amounts of its profits to dividends and buybacks. Maybe Apple will follow in Microsoft's footprints and find a new source of growth. Maybe it will be the next Sony.
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So, all in all, neither good nor bad and not a spur to buy nor sell?0
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ZingPowZing said:So, all in all, neither good nor bad and not a spur to buy nor sell?2
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