Market is burnt with growth stories now, Ms Market would not pay multiple just because there may be a growth. The balance is shifting towards value stocks from growth stock.
AUD is heading towards parity, this will create more head winds for APX. Growth story of APX is debunked and may get battered further as we progress in 2021.Based on current results and forward outlook, IMHO APX is still overvalued.
Patience is key to win, wait for better opportunity.
Appen, Entropy, DCF Models & Investor Behaviour, page-192
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.5¢ |
Change
-0.010(2.11%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 46.5¢ | $467.5K | 997.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 282250 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |