AVPT - very interesting company.
Earnings came out - Guidance is not changed for the year while Q2 earnings (revenue / subscription) were a record high - better than expected.
Despite that it went down.
Company has 250mio cash on hand so part of valuation is already absorbed from there. Solid outlook.
Short term, also after how it behaved after earnings, I expect to stay in the closing wedge with up and downs.
Lowest 8.50 (I don`t think we will see it but part of the wedge) higher 10.60 till next earnings.
in Q3 earnings release, I hope the company will smash earnings as well but also provide future optimistic guidance.
With current valuations, that kind of a guidance will easily carry the company around 13-14$ range by year end.
Earnings came out - Guidance is not changed for the year while Q2 earnings (revenue / subscription) were a record high - better than expected.
Despite that it went down.
Company has 250mio cash on hand so part of valuation is already absorbed from there. Solid outlook.
Short term, also after how it behaved after earnings, I expect to stay in the closing wedge with up and downs.
Lowest 8.50 (I don`t think we will see it but part of the wedge) higher 10.60 till next earnings.
in Q3 earnings release, I hope the company will smash earnings as well but also provide future optimistic guidance.
With current valuations, that kind of a guidance will easily carry the company around 13-14$ range by year end.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.