APX 8.60% 50.5¢ appen limited

It's too early to make such assumptions. There are a few...

  1. 10,577 Posts.
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    It's too early to make such assumptions.
    There are a few elements that need to go right for Appen to benefit.
    - Cost of capital is high and hampering growth - Russell 2000 isn't making new highs despite AI - lots of small companies like Innodata have pivoted to AI data in Rus 2k and they are going well.

    - Appen needs a more favourable pcp when reporting. Big tech; namely Rater Labs has been in decline since 2000 - it was a part of the Leapforce acquisition it did well early doors but management failed to act and sell Rater labs. This was a drag when reporting growth not the business where it continues to grow through China and Model Builders unfortunately Rater Labs was a big part of the business and concentrated towards Big tech. That drag is now gone. But could have done better managing it and selling it.
 
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