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51.5¢ appen limited

one of my other concern is that if comes out of ASX100 in the...

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AJ7

15,693 Posts.

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25/02/21

17:28

Post #: 51333126
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Originally posted by Calvo: ↑

There are reasons market has de-rated the stock .. it's gone from a 25% growth company to a 5% growth company.
Paying multiples and small dividends on little growth is not good news. It's not that I think the market is wrong, I think the market is misreading future AI expenditure.
5% growth in what the market sees will finally settle around ~25 p/e which is ~$13 on 21e. If market got its growth prospects wrong in 1H August 21 report and etches back to 20-25% growth then it may restart its upgrade cycle again. APX going through a bottoming stage right now and that process could take six months minimum. IMO DYOR

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one of my other concern is that if comes out of ASX100 in the next shuffle then there will be another very significant hit from Instos

APX Price at posting: $16.86 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 51.5¢		Change 0.005(0.98%)		Mkt cap ! $114.5M

Open	High	Low	Value	Volume
51.5¢	52.5¢	51.5¢	$385.2K	742.2K

Buyers (Bids)

No.	Vol.	Price($)
10	157644	51.5¢

Sellers (Offers)

Price($)	Vol.	No.
52.0¢	16791	4

View Market Depth

No.	Vol.	Price($)
9	157091	0.515
13	259525	0.510
11	194834	0.505
34	1374047	0.500
1	3462	0.495

Price($)	Vol.	No.
0.520	16791	4
0.525	1845	3
0.530	47305	12
0.535	20734	2
0.540	42588	6

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 51.5¢			Change 0.005 ( 0.10 %)
Open	High		Low	Volume
51.0¢	52.5¢		51.0¢	309615
Last updated 15.59pm 07/06/2024 ?

APX (ASX) Chart