MP1 3.10% $7.19 megaport limited

People like to boil a company down to 1 or 2 metrics. In this...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,314 Posts.
    lightbulb Created with Sketch. 3010
    People like to boil a company down to 1 or 2 metrics. In this case ARR (Annual Recurring Revenue) and NRR (Net Revenue Retention). Not because the acronym makes them sound smart, maybe a little bit that, but because it's a lazy and quick way to look at a company.

    It has its merits. We all know a person is likely to succeed on 1 or 2 metrics - IQ and Gender. If you are Male with high IQ you are more like to succeed but that doesn't mean you will.

    If things were that simple we should all be successful in trading/investing... But it's not.

 
watchlist Created with Sketch. Add MP1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.