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2.04%

48.0¢ appen limited

target price $40., page-70

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RobertoQ

1,210 Posts.

112

18/11/22

08:39

Post #: 64846729
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Originally posted by Calvo: ↑

It's simple if you don't like the company then invest in something else.

Those who know my posting history across different stocks I ONLY buy stocks out of cycle and when they are deep in value. When the world is insane and you remain rational you make a motza. Thats why I only buy out of cycle stocks. Full stop. I buy and I buy and happy to hold on to them 3-5 years. Recent example i RRL I have been buying from $2.70 right down to $1.30 because it was down right cheap. Did the same with S32 $3.30 to $1.70 sold at $5, Did the same with LYC. $2.60 to $1.10 and sold at $7. Did the same with GXY too - bottom line if they are out of cycle with god management and strong balance sheet and work on process improvements during the investment phase don't think twice. Granted didn't expect APX to fall this much but its a high Beta stock so I am ok with that any rebound will be as powerful as is the case with high Beta companies. Just pull your heads in and nurse your own losses.

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Correct strategy when you are referencing cyclicals and miners but absolutely wrong for grossly overpriced marginally profitable tech stocks. This dog cost me a lot of money averaging down just like I did with Magellan. Nevermore.

APX Price at posting: $2.60 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 48.0¢		Change -0.010(2.04%)		Mkt cap ! $106.7M

Open	High	Low	Value	Volume
49.5¢	49.8¢	47.5¢	$529.9K	1.091M

Buyers (Bids)

No.	Vol.	Price($)
4	6667	48.0¢

Sellers (Offers)

Price($)	Vol.	No.
49.0¢	649	2

View Market Depth

No.	Vol.	Price($)
4	6667	0.480
4	57999	0.475
4	17022	0.470
10	67719	0.465
3	37800	0.460

Price($)	Vol.	No.
0.490	649	2
0.495	91918	7
0.500	145003	9
0.505	128647	4
0.510	52535	10

Last trade - 16.10pm 19/06/2024 (20 minute delay)

APX (ASX) Chart

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