MAQ macquarie technology group limited

Ann: 2013 AGM Presentation , page-8

  1. 2,510 Posts.
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    It feels like the last 2 years I've been watching thinking it will be a buy again in 6 months time. But time and time again, capex stays high, depreciation grows and NPAT gets crunched. I understand they are investing for growth but we are yet to see even the revenue benefits of capex spent 2 years ago. I wonder what the eventual ROA of all this capex will be?

    I'll continue watching
 
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