Hi Chad,
I am glad that at least you now agree that Appen will meet guidance, which of course wasnt a case few months ago.
I am sure your view around future earnings will change soon too as data (including training data) is still the largest fuel IT (and AI) need.
Though, I still totally agree with you that the management is crap and not learning to improve. They seem to be ok with deteroriating valuation and have done nothing to instill confidence in the market. While, thier linkedin page has an article almost every fortnight where one of their C/D level execs have provided inputs. How bloody hard is it to put a prelim note to say they are on track to meet guidance, at least the SP bleeding would have stopped.
Citi rates APX as Buy. Target Price is $14.80, page-17
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Last
$1.55 |
Change
0.050(3.33%) |
Mkt cap ! $345.7M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.60 | $1.46 | $32.96M | 21.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110249 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 74197 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |