Ann: ATO signs with Macquarie Telecom Group for Cyber Security, page-3

The ATO contract win has definitely sparked a little more buying activity in MAQ, but not as much as would IMHO be justified for a new client bringing $20m revenues through the door (over three yrs) - this contract alone adds ballpark 3% to Yr on Yr revenues and is a giant signal to the market that MAQ is highly likely to continue adding big name clients to their stable on similar dollar value deals.

I'm seeing anything under $23 as a fairly strong buy here now

If just a few contracts like this one are added over the course of each 12 month period it would deliver 10% Yr on Yr revenues growth for MAQ and this is without any of the additional revenues generated from the Data Centre expansion due for completion 2H 2020 which will no doubt add more. IMHO we should see MAQ comfortably delivering something between 10%-25% Yr on Yr growth at least for the next few yrs but possibly for 10 yrs or longer as that new DC capacity is gradually taken up by the ever expanding demand.

Thoughts from the faithful?