Share Name Share Symbol Market Type Share ISIN Share Description
Rcm Tech. LSE:RTT London Ordinary Share GB0003390720 A leader in the Australian & New Zealand mortgage industry.
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 509.50p 0.00p 0.00p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.8 -3.3 - 131.29

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Date Time Title Posts
09/9/201414:43RCM Technology Trust PLC66

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peart: Hi Praipus, thanks for your note - I don't really understand your question. I think that what you are saying is that you sold Asos only to watch it go up by nearly 6 times in short order and that you are fearful that the fund manager is making a big and similar mistake with Apple. Apple will not do this as 6 times Apple's current price would make apple worth nearly £3 Trillion dollars and on a p/e of 80. I view this as highly unlikely. ASOS is a tiny company by comparison and tiny companies can grow very fast justifying quick share price growth. If apple did get to a value like this in the next few years we would be in a 1929/early 70's/2000 style very dangerous bubble. Longer term (decades)it is possible for Apple to be worth this much, but I would bet on the likes of Dow heavyweights, GE, JNJ, XOM and dare I say MSFT reaching such heights first. If you made a profit on ASOS be happy with what you made. Look through the windshield and not the rear view mirror! I hope this helps with your original question. Apologies if I have misinterpreted it.
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