Am thinking of doing a little research on API. All I can add the moment from the ground is that they are having problems with their couriers as they keep pushing for further discounts. To the point where no couriers want to work for them. ie. The couriers sub-contracted to the company that does their runs, keep on turning the courier contractor down on API jobs. Something that's easily amended with better paying contracts though. Looks like alot of attempts at cost-cutting going on. What is forcing this, I do not know. Worried about overheads?
Other than that, they seem to be in a good market with a loyal customer base.
API Price at posting:
61.0¢ Sentiment: None Disclosure: Not Held