some value stocks, are value stocks based on their old economy book value. We know some of them will not come back, most of the biggest companies 50 yrs ago are gone. Still, doesn’t stop people rotating in to them. The act of investing is not a predictor of success.
The pandemic will hasten things like shopping malls becoming uneconomic compared to the alternate use of a lot of land with transit hubs already attached. Car parking revenue declines will lead the conversion. Good businesses will be sold to the cashed up, new business models flourish, none without AI, social or data capture capability and leverage.
Our business services the mega trend and as we build, they come. It can”t help us to have a monster competitor build capacity in our market, however there is lots of time between an announcement and bringing that online. 5g will be well in place by then. likelihood of any capacity between now and then being contracted, high.
Australian market is very small for everything, so if we want to get bigger we need wider markets. Think of the solar farm in NT hooking up to supply Singapore. Or we build, get full and get consumed as bolt on ongoing revenue. Even consumed we will be valued above today’s price.
Next phase of company history in front of us...
NXT Price at posting:
$12.25 Sentiment: Buy Disclosure: Held
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