MAQ 1.54% $89.27 macquarie technology group limited

I’ll be honest - I haven’t even reviewed the new DC announcement...

  1. 7,122 Posts.
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    I’ll be honest - I haven’t even reviewed the new DC announcement yet, or the investor update There has been mentions of plans for a new DC in recent releases although there was nothing concrete & I now realise that this may have been one of the catalysts behind the recent run in addition to the ATO contract &increased data/cloud traffic due to COVID.

    A perfect little storm scenario for MAQ.

    This is a very high conviction hold for me & I’m sure the latest news will only add to my views. I think the only caveat here is that the new DCs will likely take 3-5 years to reach capacity & deliver the full revenue potentials but by then the fees charged for data might be higher the numbers might be even better than I’m forecasting.
 
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$89.27
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1.350(1.54%)
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