Since Appen is currently undervalued, it might be a perfect opportunity to enter or add some more shares to increase the holdings. Appen’s earnings over the next few years are expected to increase by at least 100% . This is certainly indicating an opportunity and optimistic future ahead.
With this current CR @$1.92 PS , many interests from different areas, better than expected results from the new CEO, good performance of SP over the last few months, book value/ market value increasing, Appen is certainly a company not to be missed.
More outlook, clarification, updates to be provided from the management next week. If it meets Shareholders expectations, Appen’s SP could gradually increase from here. If the results in February 2025 again comes in favour, I am very bullish like Ryan’s mentioned earlier & We all will be joining the AGM next year at much higher SP with lots of happy faces.
I hope this will be an amazing company, and give lots of confidence to all the investors.
TIME WILL TELL PDYOR
APX Price at posting:
$1.91 Sentiment: Hold Disclosure: Held
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