Hey guys, just reading all your comments - is anyone here very familiar with who their top 5 customers are, and what industries/sectors they fall under?
I'm confused because of the following reasons:
1) on their 27th August presso, they said 10-years worth of ecommerce growth in 3 months, but then blamed COVID for hurting their recent guidance
2) they presented the key industries they serve, and none seem that hard hit by COVID
3) what does California have to do with anything?
Based on management bullishness about e-commerce and etc., it makes absolutely no sense why they would downgrade, given how strong e-commerce has performed since April/May - today. Furthermore, management stated Q4 naturally ramps up and accounts for 30% of their annual numbers - inference suggests Black Friday/Cyber Monday/Thanks Giving/Xmas holiday shopping. Management stated this ramp up did not materialize.
None of this makes any sense - any thoughts guys?
Cheers and Happy New Year!
Ann: Trading Update, page-129
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.0¢ | 45.5¢ | $76.49K | 167.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 178798 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 237 | 4 |
View Market Depth
| Last trade - 13.58pm 10/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |