My simple investment thesis on APX:
1. Moat - Not an expert on this, but the way I see it is like this - In the heyday of A2M and APT, did similar businesses pop up and get listed on the ASX to grab a share of the booming market? Yes, WHA, BUB and a few other smaller ones came to mind for baby formula and heaps of BNPL got listed following APT and Z1P's success. But as far as I understand, this wasn't the case for APX as it would be hard to replicate what they do.
2. Low debt high cash position - this allows APX to invest in growth and be flexible to adapt with changes in the market. And less of a chance to go belly up
3. Are they in an area with tremendous growth opportunity? Yes, AI.
4. Is the valuation too demanding for a good risk/reward? I think $11 to $13 provide a good entry point without taking on too much downside risk, considering the P/E.
5. Are they still growing earnings and revenue? Yes
6 Pay dividends? - Yes, albeit not that much but still better than a lot of savings accounts these days.
Conclusion - IMO worth a punt and hoping for a turnaround story considering they have recently announced a restructuring of their offerings and have confirmed guidance. The bad news have already been priced in during the down turn.
- Forums
- ASX - By Stock
- APX
- brave souls rewarded today
brave souls rewarded today, page-21
-
-
- There are more pages in this discussion • 273 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
Add APX (ASX) to my watchlist
|
|||||
Last
90.5¢ |
Change
-0.040(4.23%) |
Mkt cap ! $201.8M |
Open | High | Low | Value | Volume |
94.5¢ | 97.5¢ | 90.0¢ | $12.59M | 13.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40057 | 90.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
91.5¢ | 47981 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40057 | 0.905 |
11 | 86475 | 0.900 |
4 | 106869 | 0.895 |
10 | 124673 | 0.890 |
8 | 100580 | 0.885 |
Price($) | Vol. | No. |
---|---|---|
0.915 | 47981 | 5 |
0.920 | 79041 | 8 |
0.925 | 48607 | 3 |
0.930 | 44607 | 2 |
0.935 | 79652 | 5 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online