Do you know that Tesla took over Nummi plant just $42M when it closed down with 4700 lay off, peak RE downturn, which is worth appx 2Bln (somewhere I read) now?
Calculate the property tax savings by Prop 13, all goes to share holdersâŚ!
âTesla acquired NUMMI for a fire-sale price after GMâs bankruptcy: $42 million. An auto factory can cost over a billion dollars to construct new â something Tesla needs to keep in mind as it marches towards Muskâs even more bold goal of a million vehicles annually by 2020â.
Calculate the property tax savings by Prop 13, all goes to share holders even now âŚ! IIRC, ca gov negotiated further and valuing property at $400 min level for property tax purposes. Still it is saving compared to billions worth.
It is exactly like buying BA RE for 42mln which has more than 50x worth now.
Actual value wonât be in book value too, but owners are shareholders!
I do not know whether you bought AAPL. IMO, this is in best range now.
I have been owning Apple in small amounts previously, but this time I took good amount of shares (just above TSLA amount) to hold longer term to get dividends.
If you have noticed the stocks like TEVA, STNE, All WB bought companies, depressed with negative hypes, but produced results beyond expectation, spiked like TSLA.
The same way, AAPL will spike after results. That is the beauty of Warren Buffetâs Value investing. He is too smart at this age to identify the stable and clear winner. If economy goes up (with ups and downs) next 2 years with low unemployment rate, AAPL will easily touch $300.
It is not that we are promoting AAPL, as we all 3 own considerable amount of shares and will reap huge benefits when Apple declare results. Whether you or any one in this forum buy, it does not in any way help us as value is already established with AAPL.
People will be permanently losing an opportunity, to buy the AAPL stock at this low price when AAPL meets or surprise above the expected range, like the same way many left TSLA once for all.
Forum members do your own research and get benefited.
Here is my estimate based on Tim Cook Forecast (Green rectangle).
Tengler, who owns shares of both Apple and Microsoft, said sheâs closer to selling Microsoft and buying Apple right now. âThis is an interesting time to be adding.â
âWe have to get used to the recalibration of iPhone flat sales, no transparency, whatâs the next big thing,â she said. âWeâre going to find itâs services and something we havenât thought of yet. Look at the Apple Watch, itâs just kind of been a stealth outperformer.â