I struggle to understand what the market doesn't like here... at a guess, it is a) that the company is too difficult to "communicate with", since they don't need analysts in their pocket to raise new capital or prevent a hostile takeover and b) that there is caution as to whether hosting margins can be maintained in the face of competition.
The latter point will be the one to watch - although MAQ has to still be in a strong position, even if margins weaken. One thing the analysts may not be accounting for is that much of the voice revenue is "pass through" and therefore a reduction in voice revenue is of little concern vs increase in hosting revenue. Hosting requires capital and a return on capital (for competition) and is in a growth phase. Return on capital is not going to become uncommercial while demand is growing.
Having said that, I am disappointed that the price is not responding to positive developments and is well off the highs. I think it is worth more, but am cautious in the face of a market that doesn't agree.
- Forums
- ASX - By Stock
- Ann: Directors Commentary
I struggle to understand what the market doesn't like here... at...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAQ (ASX) to my watchlist
|
|||||
Last
$92.11 |
Change
2.500(2.79%) |
Mkt cap ! $2.346B |
Open | High | Low | Value | Volume |
$90.06 | $92.45 | $89.45 | $14.26M | 157.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9 | $92.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$92.12 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12 | 92.080 |
1 | 2 | 92.070 |
2 | 9 | 92.060 |
1 | 1 | 92.050 |
1 | 5 | 92.040 |
Price($) | Vol. | No. |
---|---|---|
92.150 | 5 | 2 |
92.200 | 5 | 1 |
92.220 | 14 | 2 |
92.240 | 5 | 1 |
92.270 | 7 | 2 |
Last trade - 15.54pm 29/07/2024 (20 minute delay) ? |
Featured News
MAQ (ASX) Chart |