I think a prudent investor needs to objectively ask WHY the market is putting Appen on such a low P/E. Remember, it is forward-looking.
If one simply buys companies because their P/E is low, without understanding why, they’ll not have a nice experience in the market.
This is a growth stock that isn’t growing, with a management team who have been groping in the dark for the past 18 months. Every outlook statement they’ve made has been wrong. I think the decline is terminal. Someone will eventually buy them for parts.
Ann: FY2022 Trading Update, page-17
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |