Hi Guys,
Today's results were very underwhelming in my eyes for the following reasons.
- Outside of the S2 bringing forward 8MW (which was already announced in Nov 2018) there was no additional "Build in Progress" change from the previous 6 months.
- M2 and B2 had no material contracts in the last 6 months. Outside of the S2 contracting 9.7MW there was only 0.6MW contracted between Melbourne, Brisbane and Perth
- on today's conference call there appears to be a lot of retail customers (higher margins) in M2 and B2 and not the anticipated large contracts.
- However there was a BIG positive from today's report which was the advancements in S2 build out. They have built out the 5MW simultaneously while continuing the datacentre build. Just an amazing engineering feet. I went to the S2 site recently and i though we were behind schedule but NXT have a continuously build process and have fitted out the data halls for the initial 5MW contract.
I have decided to offload 50% of my NXT today as I believe the tech sector has run up really high and am looking to buy back into NXT at lower prices with expected volatility over the coming months . Just hoping there is no takeover in the mean time
p.s. the share price at posting is is at 6.79 at the time of posting just a lag in the hot copper price feed.
- Forums
- ASX - By Stock
- NXT
- Can't build quick enough
Can't build quick enough, page-67
- There are more pages in this discussion • 20 more messages 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 NXT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$17.33 |
Change
0.070(0.41%) |
Mkt cap ! $10.40B |
Open | High | Low | Value | Volume |
$17.19 | $17.36 | $17.16 | $15.42M | 891.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10911 | $17.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.33 | 11403 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62 | 17.260 |
1 | 4943 | 17.220 |
6 | 7271 | 17.200 |
1 | 610 | 17.190 |
1 | 4943 | 17.180 |
Price($) | Vol. | No. |
---|---|---|
17.330 | 8760 | 1 |
17.350 | 4943 | 1 |
17.370 | 23640 | 2 |
17.390 | 8969 | 2 |
17.400 | 24947 | 5 |
Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
|
|||||
Last
$17.28 |
  |
Change
0.070 ( 0.06 %) |
|||
Open | High | Low | Volume | ||
$17.20 | $17.36 | $17.18 | 119676 | ||
Last updated 15.59pm 14/05/2024 ? |
Featured News
NXT (ASX) Chart |