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61.8¢ appen limited

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6,632 Posts.

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16/12/19

12:13

Post #: 41987367
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Originally posted by JayWin: ↑

The guidance upgrade was already factored in, hence the share price going back to $22 and testing buying demand there.

Just like how next year, market expectations will be:
Feb 2020 - beats upgraded guidance from Nov 2019
Mid 2020 - update on F8 Synergies being very much so on track (this will be seen as an upgrade)
Aug 2020 - beats guidance
Nov 2020 - guidance upgrade of some sort

There are high expectations for this stock, as it is a hyper growth stock.

So far, Appen has yet to let me down, which is why I am comfortable for Appen to have all those expectations and still be the #1 largest holding in my portfolio of 25 stocks, of which 16 are growth stocks.

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What happened today? Appen up over 4%(92c). At this rate will be back to my $24.50 average buy price soon.

APX Price at posting: $23.29 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 61.8¢		Change 0.008(1.23%)		Mkt cap ! $136.9M

Open	High	Low	Value	Volume
62.0¢	63.5¢	61.5¢	$501.6K	804.3K

Buyers (Bids)

No.	Vol.	Price($)
9	90300	61.5¢

Sellers (Offers)

Price($)	Vol.	No.
62.0¢	70845	10

View Market Depth

No.	Vol.	Price($)
9	90300	0.615
22	325922	0.610
17	236108	0.605
53	585803	0.600
6	646908	0.595

Price($)	Vol.	No.
0.620	70845	10
0.625	200068	9
0.630	113782	7
0.635	143650	10
0.640	435036	9

Last trade - 13.38pm 03/05/2024 (20 minute delay)


Last 62.0¢			Change 0.008 ( 0.81 %)
Open	High		Low	Volume
62.5¢	63.0¢		61.5¢	291050
Last updated 14.01pm 03/05/2024 ?

APX (ASX) Chart