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61.0¢ appen limited

APX Charts, page-1180

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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 61.0¢		Change -0.015(2.40%)		Mkt cap ! $139.6M

Open	High	Low	Value	Volume
63.5¢	64.5¢	60.5¢	$1.536M	2.468M

Buyers (Bids)

No.	Vol.	Price($)
1	1	64.0¢

Sellers (Offers)

Price($)	Vol.	No.
61.5¢	8945	1

View Market Depth

No.	Vol.	Price($)
1	1	0.640
1	3000	0.610
7	76568	0.605
57	556090	0.600
5	91007	0.595

Price($)	Vol.	No.
0.615	8945	1
0.620	17146	2
0.625	27970	3
0.630	95842	4
0.635	225033	5

Last trade - 15.59pm 06/05/2024 (20 minute delay)


Last 61.0¢			Change -0.015 ( 1.23 %)
Open	High		Low	Volume
63.5¢	65.0¢		60.5¢	573691
Last updated 15.59pm 06/05/2024 ?

APX (ASX) Chart

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