NXL 2.86% $3.40 nuix limited

Ann: Nuix Revises FY21 Forecast Range, page-29

  1. 1,312 Posts.
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    NO WORRIES It's a buy in my books..
    1) "New management" normally announces the worst and take the benefits of uplifts in ensuing months ...if this is the worst..no worries.
    2) EBITDA is the same...no worries
    3) The Ann says: The revised forecasts are susceptible to a number of risk factors relevant between now and 30 June2021, including final customer negotiations of products and licence types, timing of deals and potential FX rate variability" Unless you're a trader expecting results in SP rises by 30 June..no worries again, this (Booking revenue into the books) is only a timing issue ...AND
    4)
    most importantly as I said in an earlier post, NXL is a sitting duck at these prices (especially if it goes a bit lower today as many of you expect..) for a raider: see AFR Article: Nuix drafts in Highbury Partnership for advice
    Happy investing all
 
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$3.40
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-0.100(2.86%)
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