Attached is a brief video with CEO of Equinix talking about "being in the early innings of a digital transformation". Megaport has plenty of open market spaces still to penetrate and have an early and important competitive edge in hybrid cloud access.
The other thing that hits home is that digital strategy is now a board table discussion and not something for the IT department to ponder by themselves. Being successful digitally is key to most businesses today.
When will Megaport be $100m revenue? - I think by 2021. It needs to be to justify its current mkt cap to be fair, but I am confident that this thing is just getting started and as a result happy to hold.
MP1 Price at posting:
$8.47 Sentiment: Hold Disclosure: Held
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(20min delay)