There are reasons market has de-rated the stock .. it's gone from a 25% growth company to a 5% growth company.
Paying multiples and small dividends on little growth is not good news. It's not that I think the market is wrong, I think the market is misreading future AI expenditure.
5% growth in what the market sees will finally settle around ~25 p/e which is ~$13 on 21e. If market got its growth prospects wrong in 1H August 21 report and etches back to 20-25% growth then it may restart its upgrade cycle again. APX going through a bottoming stage right now and that process could take six months minimum. IMO DYOR
There are reasons market has de-rated the stock .. it's gone...
-
- There are more pages in this discussion • 2,694 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.5¢ |
Change
0.005(1.09%) |
Mkt cap ! $102.5M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $94.46K | 204.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 195562 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 41008 | 11 |
View Market Depth
| Last trade - 10.28am 24/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |