Brokers FY22 updates, page-15

hi Sabine, Nuix isn't Macquarie's finest hour - I'm a holder and down plenty. Macquarie still hold, and I think the business is well regarded in their tech offering ( I know people in this market space in the US) but yes the hype around this Re growth etc in the IPO smells, and it wasn't worth the price it got to just after the IPO. I sold some at a big loss but hold some still. I don't win on all my investments like us all.

NWH will need some significant wins in orders in my opinion to get to the $3 plus level we all hope for. The dividend is attractive, but as bank savings rates rise, risk free is starting to look attractive. 4% yield with no risk isn't bad if one has concerns over growth in share prices. Yesterdays presentation for NWH highlighted plenty of pipeline which is where Shaw see upside - let's hope we can convert some into good business wins. I support Jules putting in place disciplined quoting and as a result losing some btw. Last thing NWH needs is a quote win but a high risk, low margin, capital intensive contract.

I too rate Shaw's as a broker analyst btw