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46.5¢ appen limited

Result has come and gone no one would care about these results...

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Calvo

10,572 Posts.

1235

25/02/22

21:20

Post #: 59834633
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Originally posted by chad987 ↑

energy companies have no moat. miners have no moat. eventually their reserves will be depleted and they become worthless, just like the fate that awaits appen when unsupervised/weak supervised really take over. but many of them are still buys, why? because many of them have sub 10 p/e or low teens at most.

it's all an issue of valuation for appen. at today's price p/e is 20.6, definitely overpriced. i'd be cautious to use last year's EPS $AUD 0.415 which would give 16 p/e, they said costs will be high and earnings will take a hit over the next few years. they will run into the same problem with china's tech giants as they have with FAAMG, and china has the tendency to reverse engineer, china's tech giants will definitely take things in house in a few years.

also there's no cost of entry to compete with appen. everyone and their dog is starting a data annotation sweatshop. cost of entry itself is a moat.

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Result has come and gone no one would care about these results next week other than trends in valuation models focus is going to turn on H1 22

APX Price at posting: $6.64 Sentiment: None Disclosure: Held
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(20min delay)
Last 46.5¢		Change 0.005(1.09%)		Mkt cap ! $103.6M

Open	High	Low	Value	Volume
46.5¢	47.5¢	46.0¢	$566.0K	1.214M

Buyers (Bids)

No.	Vol.	Price($)
5	79739	46.5¢

Sellers (Offers)

Price($)	Vol.	No.
47.0¢	6422	2

View Market Depth

No.	Vol.	Price($)
1	2	0.470
4	69739	0.465
4	124430	0.460
11	161074	0.455
17	102483	0.450

Price($)	Vol.	No.
0.420	270	1
0.465	3625	2
0.470	7422	3
0.475	154644	9
0.480	140422	8

Last trade - 16.10pm 11/07/2024 (20 minute delay)

APX (ASX) Chart