Apx appen human annotated datasets for machine learning & ai

[Joshuatree]

With discussion about high PE stocks (FPH etc) i thought i put APX (on asx) on its own thread.PE 36 (ASB).Have mentioned this before on small disruptive tech stocks somewhere. Am nearly 350% up, breathtaking new highs.Im hanging on, and resisting temptation to take profits atp. A lot of growth here in a fast growing space with great clients. One of those quality growth stocks with very little discussion about on H/C;)

Appen’s customers include the world’s leading technologycompanies, automakers and governments The company’s data is used for machine learning inmobile devices, digital assistants, vehicles, security andsurveillance, search, social media, ecommerce andconsumer electronics.Covering over 130 countries and 180 languages




333 full time employees and over 400,000 on-demandglobal crowd Nearly 350% up

Strong performance continues



Revenue up 39% to $74.1M
EBITDA up 44% to $12.8M
NPAT up 50% to $8.1M
EBITDA margin improvement from 14.5% to 17.2%
, Strong cash conversion (99% of EBITDA)

Interim dividend of 3.0 cps, up 50% on 1H2016
, ]Now working in multiple data formats: text, audio,image and video

Investor Presentation (https://hotcopper.com.au/threads/3640251/)

[Snow Leopard]

...
333 full time employees and over 400,000 on-demandglobal crowd Nearly 350% up

Strong performance continues


Revenue up 39% to $74.1M
EBITDA up 44% to $12.8M
NPAT up 50% to $8.1M
EBITDA margin improvement from 14.5% to 17.2%1
Strong cash conversion (99% of EBITDA)
Interim dividend of 3.0 cps, up 50% on 1H2016
Now working in multiple data formats: text, audio,image and video

Investor Presentation (https://hotcopper.com.au/threads/3640251/)



Pity they can not do human readable announcements.

Best Wishes
Paper Tiger[

[Joshuatree]

Deleted that stuff once .Have done so again .Any advice on how to avoid that problem ?

[Joshuatree]

Smashed through the $5 to $5.19 atm ,Bank Of America new 5% plus holder today.

[Joshuatree]

The Gift that keeps on giving, another jump today up 23c to $5.38, I am 380% up atp.

Citi has initiated coverage of Appen Limited (ASX: APX) with a buy rating and a $5.88 price target. Citi notes Appen is “a global leader in the development of high-quality, human annotated data for machine learning programs. We believe Appen is well positioned to facilitate leading global technology companies in advancements in voice-activated interfaces and improvements in internet search quality.”

APX’s service facilitate client-companies’ technology, and Citi says it expects APX to expand beyond its traditional segments into new areas, including security, automotive and health sectors. Citi also says it expects voice-based human-machine interaction to grow “materially,” and APX’s language resources division should benefit through this.

Citi’s forecast has 2017 financial revenue growing by 40% to $155 million and EBITDA growing by 50% (Guidance: 40%-50%, Consensus: 53%) to $26 million, with APX’s Content Relevance division contributing 90% of the EBITDA uplift (excl. Corp. costs).

Citi notes that APX’s revenues are “primarily based on short term contracts and its top 5 customers represent 88% of revenue,” which they acknowledge as risks, but says they believe long-term client relationships and overall growth of artificial intelligence as medium-term demand drivers.

[Joshuatree]

Up to $5.88 today, no news but now a 5 bagger plus , behaving like ATM with no end in sight !

[Joshuatree]

APX looks to be recovering after a sell off. Some think Google will be an elephant dangerous competitor, others a collaborator.


Google smart gadgets take on Amazon, Apple and Samsung


John Davidson
San Francisco | If someone or something from Google doesn’t mention ‘‘machine learning’’ to you the next time they try to sell you one of Google’s new hardware products, they’re not doing their job.
As the search engine giant looks to take on the likes of Apple, Samsung and Amazon to become a big contender in the consumer electronics business, it’s leveraging the biggest asset it has – the huge database it built up from almost two decades of scouring and indexing the internet – and using it to teach its products how to do things, using socalled machine learning.
At its annual Made by Google event here in San Francisco, the company said its new phones, the Pixel 2 and Pixel 2 XL, used machine learning to let them take portrait shots with only one lens, where the similar function in Apple and Samsung phones required two lenses. Google’s huge database of selfies was used to teach the cameras what people look like, so they can be kept in sharp focus while everything behind them is blurred.
It said its new headphones, Google Pixel Buds, would use machine learning to allow them to do near-simultaneous translation of two people conversing in different languages. The Bluetooth headphones, which work hand-in-glove with any new Android phones, send voice recordings over the internet to have them converted to other languages by machines that have learnt natural language translation in 40 languages.
http://todayspaper.smedia.com.au/afr/get/AFR-2017-10-06/image.ashx?kind=block&href=AFR%2F2017%2F10%2F06&id=Pc0020600&ext=.jpg&ts=20171005130620
Made by Google: new earbuds, phones, speakers, virtual reality headsets and laptops.
It said its new, powerful multi-room speaker, the Google Home Max, used machine learning to teach itself about the acoustics of thousands of different types of rooms, so it can adjust its sound quality to suit the room. The speakers, which can be linked together to form a stereo pair, and which can play the same music in multiple rooms around the house, can all be controlled by voice, a feature which itself used machine learning to improve the way the microphones separate human voices from background noise.
And Google said its new alwaysrecording home camera, the Google Clip, used machine learning to work out when to save some scene that just happened in the home.
‘‘It is not just about applying machine learning in our products. It’s radically rethinking how computers should work,’’ said Google CEO Sundar Pichai at the launch of the company’s latest family of products.
Not everything about them is machine learnt, of course. Some of it was learnt from Google’s competitors.
The screen on the new Pixel 2 XL, for instance, is one of the near-bezel-free OLED displays that Samsung introduced with its Galaxy S8 phone earlier this year.
Google’s new Home Mini, a small speaker that, like the Max, can be controlled by the voice and can be used to control other devices around the house, is learnt from Amazon’s competing Echo Dot. Indeed, the very platform that runs the Home Mini and Home Max, known as Google Assistant, has in large part been learnt from Amazon’s Alexa platform.

[Joshuatree]

Been funny games odd lots selling down for quite some time and an announcement of a reduction of holdings. I considered selling/reducing as the chart didn't look good for a while. But i see a great future with this company albeit its tech could always be superseded anytime i guess.
T/H today with a buy out of a USA company .Most of the funding sorted @ a very small discount to current price. Lots to like atp imo but im sure there will be grumbling at the tiny $5 mill raise offered to us small shareholders.

Appen to Acquire Leapforce & Launch Capital Raising (https://hotcopper.com.au/threads/3872843/)
Investor Presentation (https://hotcopper.com.au/threads/3872840/)

[Joshuatree]

Dear Diary
Trading halt over s/p leaps, currently $1.30 higher.

[Joshuatree]

This is shocking ,up $1.30 yest and now another 52c today to $7.66 atm and i paid $1.41 a paltry 543% gain, hardly worth it. Looks like im the only mug on share trader to have fallen into this annotated machine learning bot of a stock sa la vie, fool me once shame on.....etcetc:mad ;:

Later..... Just read that UBS has a buy and a target of $9.80. Reminds me of a randy newman song"ohhh its lonely at the top".

[Joshuatree]

And now a SPP offered at $5.80 and the s/p is $7.60!!! Not going to get many if any.

[Elles]

Looks like you picked a dog here JT! Ah well, you can't win them all. ;)

[Joshuatree]

Elles id like to thank you from the bottom of my harp for triggering a change in trend; its down today;)

[Joshuatree]

Wild swings today 57c with s/p finishing near the high for the day($7.99)Im a bit more pessimistic that i may get the full $15000 spp because management reserve the right to increase the $5 mill offer to mere shareholders if applicationss are well above that $5 mill.

Completion of purchase.Appen Completes the Acquisition of Leapforce (https://hotcopper.com.au/threads/3894713/)

[Elles]

At which point would you be selling? Or are you gradually reducing as it's going up, just in case in comes down again?

[Joshuatree]

Hi Elles, riding the trend atm, pretty strong since going X SPP. I will prob be prudent & take the top off. But when you read details like this below it looks like i could be in the early stages of a monster company in the making..

Acquisition
The Acquisition adds scale and scope to Appen to enable greater market participation in thedynamic and high growth artificial intelligence world. The Acquisition will also establish Appenas the WORLDS LEADING PROVIDERS OF SEARCH RELEVANCE SERVICES . The Acquisition is expected to beat least 35% EPS accretive on an underlying basis (before synergies, expensed transactioncosts and share based payments).

[Joshuatree]

SPP to apply for up to $15,000 @ $5.60, 11 times oversubscribed. S/P atm $8.60, sal la vie:p

[Joshuatree]

Looks like the A's have it atm. APX up re 22% plus too to $9.95 .:t_up:
Investor Presentation (https://hotcopper.com.au/threads/4030879/)

[Joshuatree]

Now $10.60 30% today, thrashing A:t_up:TM

[Joshuatree]

Good research note out. S/p has been dropping back but with lots of small number buy/selltrades, this has been going on for some time. Profit taking by holders who picked up shares at $5.60 and or someone is still building a big stake. about 10 mill shares through in the last month(rough guess) when the price leapt from low $8 to mid $10. Estimate re 100 mill shares on issue.
https://www.fnarena.com/index.php/2018/03/06/global-ai-boom-boosts-appens-potential/

[Joshuatree]

Brand new high today ($11 bucks)on no news for a while. A lot of manipulation and tiny trades have still been going on but to the upside atm.

[Joshuatree]

https://www.wired.com/story/lens-google-visual-search-tool-update/

Join the dots for now and the future with visual search:D

https://appen.com/solutions/computer-vision/


And voice recognition still up there too. Note APPEN from paragraph 5 on.
https://www.theverge.com/2016/8/17/12402176/google-voice-recognition-accents-reddit

[Joshuatree]

Just love reading this a few times

"I would note however that the adoption of Artificial Intelligence and Machine Learning has gained spectacular global momentum, and Appen is now positioned as one of the world’s largest providers of secure data to support this technology. There could scarcely be a more exciting set of customers than those we currently support in the technology, government and automotive sectors."
Chairman's Address (https://hotcopper.com.au/threads/4199533/)

[Joshuatree]

This is getting extremely repetitive:mad ;: $11.59 a new high, boring ,boring boring. Into the ASX 200. Reminds me of Iggy for some reason.:p
Iggy Pop- No Fun (https://www.youtube.com/watch?v=MtiWuJ9JH0g)

[babymonster]

I always think it’s expensive, but I m glad to dip my toes in at 10.

[Joshuatree]

$13.68 atm
26 buyers for 4306 shares
15 sellers of 4756 shares

[Joshuatree]

fwiw. Note Xero a buy here at current prices.


https://www.fool.com.au/2018/06/29/...xrea-wisetech-asxwtc-appen-asxapx-overvalued/ (https://www.fool.com.au/2018/06/29/are-rea-group-limited-asxrea-wisetech-asxwtc-appen-asxapx-overvalued/)

[Joshuatree]

Up 12% yesterday
Up another $1.34, 10.5% today
ALU and WTC have reported well Appen's HY result is imminent, lets hope it meets expectations on the 28th too.

[Joshuatree]

Almost hit 15 bucks (thats nuts)today, finished at $13.73 up $2.57 for the week. Another volatile rollercoaster day monday, reporting tues ,HY.

[Joshuatree]

Flicked off 10% of holding @$14.20. Totally free carried now.

[Joshuatree]

S/P up another $1.60 to $15.50-75 on results ahead of guidance but s/p got ahead of itself too imo , will the s/p hold up at near new highs today, not so sure.

[Joshuatree]

Yep s/p touched $16 but dropping away, still a very credible 3.8% up atp

https://www.fool.com.au/2018/08/28/...to-an-all-time-high-on-stellar-profit-growth/ (https://www.fool.com.au/2018/08/28/appen-ltd-asxapx-shares-rocket-to-an-all-time-high-on-stellar-profit-growth/)

[Joshuatree]

fresh research out , good read. Holding tight atp.

https://www.clime.com.au/investing-...;utm_campaign=ir-251018&utm_content=title (https://www.clime.com.au/investing-report-archive/company-update-appen/?omhide=true&utm_source=clime&utm_medium=email&utm _campaign=ir-251018&utm_content=title)

[Joshuatree]

Relief rally now the USA elections are over? Off the bottom , re $10 a few days ago, up 6% + atm to $11.59, a stock with more ants in its pants to come.

WTC up 3% plus
ALU ditto
XRO 2%
APT up 10% plus !

[Joshuatree]

Phew:t_up: upgrade!
Download Document 307.83KB (https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4g%2B 7wBPzv%2FZp57FiGug%3D)

[Joshuatree]

https://www.fnarena.com/index.php/2018/11/19/upgrades-happening-again-at-appen/

[Joshuatree]

From what ive read APX has no competitors and this post from Emde is a reminder to me to hold through volatility, bear, corrections.

Emde "I have also consulted a colleague who is an ai specialist. He said apx has been building and refining Data sets for 20 years. The founder probably started his venture when he watched terminator 2
anyway the data not only needs to be collected , it needs to be clean data and also needs to be data that can be changed as human behaviour changes
im excited about the mid term future for this company. Reminds me over the iron ore boom that started in 2000. It will be the next phase of world growth and apx is profitable, and has few competitors and is the global leader. The demand for their services will be so high for the next five to ten years.
"Yes like the iron ore boom it won’t last forever but I will not be selling until I see market maturity approaching in 7 years if I was to guess
enjoy the ride"

[wizAlvin]

ASZ 2019 competition closing in few hours

[Joshuatree]

Why Appen is only now becoming a tech company.pdf (https://hotcopper.com.au/attachments/1419350/?filename=Why+Appen+is+only+now+becoming+a+tech+co mpany.pdf)

APX at a new high or very close!

[Joshuatree]

Took some more off the table today to build my cash pile..S/P has breached $16. Mkt confident they will have EBITDA at the top end of guidance. Results re 20th feb going on last years.

[Joshuatree]

Nearly $18:D BRAND NEW HIGH, ahead of results on the 25th! Was $10 odd in nov. May flick a few more off leading up to those results. ALU and WTC still off their highs.

[Joshuatree]

Great result for ALU today.Earnings and profits increase 50% plus. I expect new highs for APX tomorrow.

[Toulouse - Luzern]

Hi Joshuatree,

Just want to acknowledge with thanks your lonely posts on APX and ALU in post above
I have both in the ASX sharetrader competition.

Thanks and regards

[Joshuatree]

Cheers TL, its like diary for me so i can remember and keep up! Do you actually own either of APX or ALU? Been an amazing ride for me in APX.

[Toulouse - Luzern]

Hi Joshuatree,

While my ASX comp picks are rising nicely (winner) my actual investments with fund managers are negative (loser) since Sept 2019.

Is anyone interested in how I identified APT, APX and ALU as my three core ASX stocks for the Sharetrader competition?

:-)

[NZSilver]

Yes sir please

[Toulouse - Luzern]

Hi NZsilver,

I use a momentum approach so at the end of December I googled for the top performing ASX 200 stocks:

https://www.marketindex.com.au/asx200

Never used it before, but it is a good resource..

It lists ASX200 stocks with the 12 month performance in the right most column.

Click on the column heading a couple of times and it puts them in descending order.

At the end of December the top few: APT 137% BVS 120% SAR 78% APX 70% ALU 66%

I considered APT APX and ALU scaleable internationally and was aware of them through Joshuatree posts.

APT in particular I see as a "young persons dream - an instant social life experience enhancer accelerator".

This year as risk management I did not want A2M/ATM and SML both in my NZX comp pics so chose ATM for the ASX comp and put XRO in as well.

Today the five ASX pics are up an average 38.16% ytd.

Volatile market and as all here know - things can easily change.

For example BVS is now the top stock.

[Joshuatree]

Hit $19 ahead of mondays results, holding some still but less than before:t_up:
$2 billion plus mkt cap. EBITDA expected to be re $65 million! Upgraded from $59 mill, in Nov.

[Joshuatree]

Download Document 3.07MB (https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4g24z BL1v%2FZp57FiGug%3D)

EBITDA $73 mill but Forecast $85 -90 mill next year. This looks to be a big slowdown on previous.

REV up 190%
EBITDA up 153%
NPAT up 148%

[Joshuatree]

S/P up $2.90 , 15% to $21.71 atpit. Im thinking it will settle back but their underpromise and overdeliver strategy may keep the pot bubbling enthusiasm wise !

Ps end of day finished close to its high 21% up thats $4 plus.. Phew big G&T with mint lemon slice, ice and blueberries on its way

[Joshuatree]

Now A$23.98 ,at least half billion increase in mkt cap in the last week! Very good research below. Im not topping up at these prices, im well set and have lost track of how many multi bags atpit.

https://ethicalequities.com.au/blog/appen-ltd-asxapx-initiation-report-and-fy-2018-full-year-results/ (https://ethicalequities.com.au/blog/appen-ltd-asxapx-initiation-report-and-fy-2018-full-year-results/)

[Joshuatree]

Summary: Appen to Acquire Figure Eight & Launch Capital Raising.. A chance for me to increase my holdings again. But only $15 million offered to shareholders @ re$21.50, huge scale back methinks.


“The union of Appen and Figure Eight creates a unique, exciting and powerful opportunity for our customers. We now have the best of both worlds: Appen’s highly efficient crowd management platform and scalable, skilful multi-lingual crowd, combined with Figure Eight’s innovative customer-facing SaaS platform with ML-assisted annotation. Combined, we expect to meet and exceed our customers’ scale, speed and quality requirements.”







Download Document 296.29KB (https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4g20y Rj1v%2FZp57FiGug%3D)

[Joshuatree]

Buy with a target price of A$28.04

https://www.fnarena.com/index.php/2019/03/12/appen-enhances-scale-with-figure-eight/ (https://www.fnarena.com/index.php/2019/03/12/appen-enhances-scale-with-figure-eight/)

[Joshuatree]

SPP completed Download Document 49.57KB (https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4gq%2 FzxL1v%2FZp57FiGug%3D)
Better than last time but nothing much in it so i didn't bother."Scale back to 29% of your application. I.e. if you applied for $15K you will get $4.3K worth and the difference refunded."

[Joshuatree]

Buy with a target price of A$28.04

https://www.fnarena.com/index.php/2019/03/12/appen-enhances-scale-with-figure-eight/ (https://www.fnarena.com/index.php/2019/03/12/appen-enhances-scale-with-figure-eight/)

Sheesh its almost there already,$27.76 today , Foaming like a mad dog,Frothy ,like a cappachino.

[Snow Leopard]

Over $30 now.

Been approached by Appen, who appeared to believe that I still live in Australia, about a job.

Having explained my circumstances, it would appear they are keen to get smart people like myself :mellow: on board.

[percy]

Perhaps they will let you work "part time" from "on your travels"?

[Joshuatree]

ttps://www.livewiremarkets.com/wires/appen-leading-the-way-in-machine-learning?utm_medium=email&utm_campaign=Trending%20on%20Livewire%20-%20Monday%2029th%20July%202019&utm_content=Trending%20on%20Livewire%20-%20Monday%2029th%20July%202019+CID_514d636c27d1b96 057c92f5d8e29fe31&u

[Joshuatree]

Very good reading here. Check the chart out and all the income coming in the future for APX. Rollercoaster lately, with the mkt forgetting the company tends to under promise and over deliver. Still holding some.

Ethical Equities link (https://ethicalequities.com.au/blog/appen-asxapx-fy-2019-results-analysis/)

[Joshuatree]

S/P recovering well after the FAANG stocks (aus version) all knocked back recently, up 13% today
Appen Announces Full Year Earnings Upgrade (https://hotcopper.com.au/threads/5078647/)

[ShareDr]

Noone following up this gem? SP hit a recent high of $43. Annual report out today, although below markets expectations given the insane run-up

[Joshuatree]

Im punting back in ahead of results tomorrow,at around $20. T/A wise it look baaad,not sensible but my water tells me to reenter. Down to the 100th most shorted stock atm.


DYOR

[Joshuatree]

I see the search function on Sharetrader for one isn't back to normal yet but im sure Vince and co are working on it.Love to know what happened, some sort of Hack attack on sharetrader?

Well i got dealt to buying back into an old fave before results. For one i didnt look at the big goal pic and the response to rising int rates and cyclic shift from highly value growth stocks to value industrials etc. And the APX result although telegraphed didnt help with the uncertain outlook. APX has few if any competitors and some of the biggest clients in the tech world with too many of them based in California where Covid has forced strategic changes shorterm anyways. Will hold as i see them back on hi growth again not far away. and hopefully learn from this error of judgement.