NXT 2.94% $16.20 nextdc limited

News: NXT NEXTDC posts FY statutory net profit after tax of $23.0 mln, page-13

  1. 136 Posts.
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    There was a slow down in sales - they did ~4MW in the first half and then just 2MW in the second.

    But the bit I liked best in the whole announcement was:

    " ... Pipeline at an all-time high. We are currently in advanced negotiations in relation to several large customer opportunities, which are likely to result in a significant increase in the Company's contracted utilisation base."

    There should have been quite a bit of confidence to make that statement.
    No end in sight for demand - market continues to grow.
    No crimping of demand by new DC entrants.

    $6 by end of FY18.
 
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