Ann: Update on 1H 22 results and FY2022 outlook, page-201

i'd actually take a trade if these apx manipulators let it pull back to the $3.9-$4 area, but they won't, they must murderously pump apx ∞^∞^∞^∞^∞% everyday. asx tech pulled back quite a bit today, apx roared to the moon yet again.

you're right, most analysts have sub $4. their margins are deteriorating a lot, there's more to these numbers than simply the well known structural issues, they are experiencing a lot of operating issues too due to poor management. higher labour cost is likely the biggest culprit, plus china and enterprise are ebitda negative (lower margins than mega cap tech even when matured). earnings will likely be depressed next year too.

clueless apx holders value it on revenue. LOL. this isn't 2021 and 2020, where stocks that will never make a dollar of profit are valued on total addressable market and revenue CAGR. apx is a sweatshop and will always have very low profit margins. the data annotation industry is a race to the bottom, they look for impoverished countries and pay min wage in those countries, look it up yourself, this industry is very unhealthy.