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69.5¢ appen limited

one of my other concern is that if comes out of ASX100 in the...

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AJ7

15,693 Posts.

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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 69.5¢		Change 0.005(0.72%)		Mkt cap ! $154.0M

Open	High	Low	Value	Volume
71.5¢	73.5¢	69.5¢	$4.777M	6.685M

Buyers (Bids)

No.	Vol.	Price($)
11	74826	69.5¢

Sellers (Offers)

Price($)	Vol.	No.
70.0¢	5000	1

View Market Depth

No.	Vol.	Price($)
11	74826	0.695
10	141939	0.690
4	62908	0.685
11	205217	0.680
7	117464	0.675

Price($)	Vol.	No.
0.700	5000	1
0.705	4000	1
0.710	310161	7
0.715	118799	7
0.720	109555	3

Last trade - 16.10pm 24/04/2024 (20 minute delay)


Last 70.0¢			Change 0.005 ( 2.13 %)
Open	High		Low	Volume
72.0¢	73.5¢		70.0¢	1168959
Last updated 15.59pm 24/04/2024 ?

APX (ASX) Chart