APX 6.52% 49.0¢ appen limited

Ann: Full Year Earnings Upgrade, page-220

  1. 153 Posts.
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    Remember that APX went to aroound 15.6-16 after the results were released last time before the big sell off meaning that compared to that figure we are only 15-20% more at the moment. When the upgrade was announced at 12.56 APX was very undervalued, so i'd say its not so much of an hype overvaluation right now but moreso just getting in line to the valuations put on ALU etc (even though apx still stays at a lower pe than the rest of the "waaax". Although time will tell on monday

 
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