From my understanding: the bears are of the opinion that pricing will eventually become a race to the bottom given the number of large players entering the data storage market.
While the bulls believe that data storage will continue to roughly double every two years and that businesses like NextDC will be the futures cash cows throwing off plenty of dividends. A great example of this is one of the earliest data centres that NextDC built and demonstrated as per below. You can't really beat 70% operating margins. That's amazing!
"S1 consumed about $280m in costs to build. By 2014 utilisation was 22%. S1 generated about $6m in revenue and it lost money. Five years later, utilisation rates are now 96%; it generates over $60m a year at operating margins of over 70%." - Gourav Sodhi InvestSmart.
NXT Price at posting:
$6.27 Sentiment: Buy Disclosure: Held
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