NXL 4.49% $3.49 nuix limited

Alright let me disappoint people here who think that Nuix is...

  1. AJ7
    15,820 Posts.
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    Alright let me disappoint people here who think that Nuix is going to share a cracking report. The constant weakness in SP is also backing the bearish outlook shared earlier in December.

    guidance says that there will only be 10% increment in revenue in 2021 compared to 25% last year. ebita will be 10% increase compared to 250% last year. Which means there is minimal growth in 2021. Broker valued SP 5.3$ at the time of ipo along with these fundamentals & currently SP is almost 90% up from IPO.

    I am still holding NXL, surely they will beat this guidance easily but there is not much growth in SP this year. If anyone has long term view of this, should be holding next 5 years to get 5 baggers.

    if they don’t beat the guidance then market has habit of punishing growth tech stocks no matter what.

    @Fortune1975 this is what I wanted to discuss, 3$ upside or 2$ pullback both possible on H1



    https://hotcopper.com.au/data/attachments/2914/2914223-20c9e25ff574693259e6bedc795a3718.jpg
    Last edited by AJ7: 16/02/21
 
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$3.49
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