I tell my reason to buy Nxl...I read last two years of growth rate & it was more than 25% and company was profitable 258% profit last year...I checked industry growth rate it was 20% so I really liked growth...3rd think I checked balance sheet & dollar retention rate which was also perfect...So I bought it. PE at 9$ was 166
now they came up with -4% growth & negative Satutary ebita...even if they meet forecast the growth rate is nothing and still loss maker by end of this year. This will get more bearing and settle somewhere at ipo price 5.3$ to make a base.
