NXT 0.41% $17.33 nextdc limited

Can't build quick enough, page-67

  1. 114 Posts.
    lightbulb Created with Sketch. 126
    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.
 
watchlist Created with Sketch. 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
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 ?
NXT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.