nice top line growth, albeit I would expect this to materially increase into 2021/2022 especially as more and more enterprises continue to shift to the cloud and WFH.
I would like to see more recurring growth throughout the other states, and would be great to see continued growth in government spend/contracts locally, however real growth will come from more capital spend into infrastructure.
this is a solid report. I just hope they can capitalise on it for some short term profit taking, mindful of the inflation concerns and long rates pushing up the yield curve. debt heavy and overvalued tech stocks will continue to get a hammering, although I'm quietly confident it won't be as bad as they think in the shorter term
good luck all. great account to continue holding.
ignore the noise.
NXT Price at posting:
$11.18 Sentiment: Buy Disclosure: Held
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