APX 3.57% $2.03 appen limited

Notwithstanding a bad day at the office and, all things being...

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  1. 2,034 Posts.
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    Notwithstanding a bad day at the office and, all things being equal as in my modelling assumptions, I remain comfortable with my equally weighted blended valuation of $22.40. That being said, I’m not impressed with management’s recent performance and will be even less so if they spring another downgrade/poor outlook surprise at the AGM. They’ve got a couple of weeks to think long and hard about what they have to say at the AGM and the manner in which they communicate it to the market. Time will tell.
 
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