APX 2.33% 44.0¢ appen limited

Ann: Trading Update, page-155

  1. 1,254 Posts.
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    Your views are not inline with the experts and Appen. Struggling to understand how AI will progress without the data.. there is always the chance that AI becomes too smart that this is completed by itself, but I feel like you will always need human checks.

    I think you are missing the point, the downgrades have been caused by COVID (particularly in the US), not by the risk that Appens product offering is no longer required.

    You need to ask yourself the below questions -

    Was the downgrade outside of Appens control - YES

    Can you see Appens product demand growing in the next 5-10 years - YES

    I think everyone can agree that AI/algorithms will be growing at massive rates over the next decade.

    I think it's a no brainer. It might be expensive, but you need to pay for quality and it will always be expensive. This is your chance to pick up a quality business at a discounted rate (even though it isn't cheap).
    Last edited by trader_1993: 16/01/21
 
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44.0¢
Change
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Price($) Vol. No.
44.5¢ 113267 5
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