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62.5¢ appen limited

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AJ7

15,693 Posts.

1142

25/02/21

17:28

Post #: 51333126
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Originally posted by Calvo: ↑

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

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one of my other concern is that if comes out of ASX100 in the next shuffle then there will be another very significant hit from Instos

APX Price at posting: $16.86 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 62.5¢		Change 0.015(2.46%)		Mkt cap ! $138.5M

Open	High	Low	Value	Volume
62.0¢	63.5¢	61.5¢	$911.1K	1.464M

Buyers (Bids)

No.	Vol.	Price($)
3	9900	62.0¢

Sellers (Offers)

Price($)	Vol.	No.
62.5¢	125395	3

View Market Depth

No.	Vol.	Price($)
3	9900	0.620
8	71398	0.615
17	293660	0.610
13	182178	0.605
47	452256	0.600

Price($)	Vol.	No.
0.625	29000	2
0.630	74480	3
0.635	11574	2
0.640	70159	4
0.645	58642	6

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 61.5¢			Change 0.015 ( 0.00 %)
Open	High		Low	Volume
62.5¢	63.0¢		61.5¢	439368
Last updated 15.59pm 03/05/2024 ?

APX (ASX) Chart