getting closer back to green for you my friend. as I was saying, have faith. $30 will be in the rear view in no time and earnings always provide us with a surprise with these guys. they really are top shelf and I have spoke to them once upon a time around their thoughts of a looming recession. Low and behold, we did have a minor technical recession but triggered by a global pandemic. they knew a recession was on the cards pre pandemic, but they're so diverse with strong balance sheets and a decent MOAT that they weren't even concerned. obviously they lost clients, some permanently and some temporarily, but the outlook is strong!
balance sheet looks solid too. don't get better defensive stocks than this, although most tech companies aren't defensive, but this isn't just a tech company either! bull market, lots of liquidity still coming in, interest rates across the globe low, etc etc. also remember that a large part of their workforce I believe are contractors/labour hire, which can often (in part) offset loss of clients / revenue as expenditure / wages improve.
anyway enough blabbing for me. well done today
as always just my opinion and dyor
APX Charts, page-825
-
- There are more pages in this discussion • 3,048 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add APX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.96 |
Change
-0.030(1.51%) |
Mkt cap ! $439.6M |
Open | High | Low | Value | Volume |
$1.96 | $2.05 | $1.90 | $16.06M | 8.159M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 70913 | $1.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.97 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 70913 | 1.960 |
2 | 4510 | 1.955 |
9 | 182035 | 1.950 |
3 | 5900 | 1.940 |
1 | 15000 | 1.935 |
Price($) | Vol. | No. |
---|---|---|
1.970 | 5000 | 1 |
1.975 | 26192 | 2 |
1.980 | 4800 | 1 |
1.985 | 877 | 1 |
1.990 | 10000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |