Where is everyone??, page-18

I feel that ALU and APX are pretty mature though are in the later stages of the growth phase. So we won’t see increments every month, it will probably trade in a fixed range until results. Then it will rerate based on results, get stuck in a trading range, then go up another step. It will be step changes, not consistently going up $1 per day.

ALU - range bound $14-16 then pops to $20. Range bound $20-24 then pops to $30. Range bound $30-34. If they continue growth trajectories, pops to $38-40 likely.

APX - similar scenario, range bound $8-10, pops to $14 and after another report, pops to $18, after another report, rerates to $22, ranged bound $22-25 now.

Unlike the other smaller less mature tech stocks like NEA, LVT, APT and Z1P that zips up and down like a yo-yo for no particular reason other than investors and analysts struggling to get their head around valuation because they aren’t mature yet and/or have no earnings at the moment.

The more steady earnings are, the more steady the share price will be and simply rerate like a staircase probably twice a year when results are announced. I feel ALU is in that phase now, earnings and outlook is pretty steady so the SP is also holding steady.