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Hi Pete what is your view on the future of hybrid cloud / cyber...

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rythex

694 Posts.

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29/06/23

17:40

Post #: 68539479
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Originally posted by Paccman: ↑

All of the businesses I deal with and analyse in tech have steady to positive revenue. Economic slowdowns hit new projects and new tech rollouts but the underlying recurring rev is typically solid because it’s delivering core essential services like internet and security and compute capacity. There’s a lot of focus on service consolidation to find savings but that presents more revenue opportunities, not less. Sentiment to tech stocks on the asx is somewhat out of step with the economic reality in the field.

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Hi Pete what is your view on the future of hybrid cloud / cyber security deployment in Australia, as well as the overall direction where Nexion is heading to? Noting the business has now operated under many different divisions including telecommunication and data centre as well.

Is the strategy still going to be the same offering variety of the tech related services or focusing more on key disciplines within the current business models?

NNG Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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