MAQ 0.65% $85.55 macquarie technology group limited

Wonder if the 'cloud computing' sell down on wallstreet will...

  1. 28 Posts.
    Wonder if the 'cloud computing' sell down on wallstreet will effect this stock today. I would doubt it - Aus industry is well behind the states and MAQ's valuation is laughable compared to the US stocks.

    I expect no change, because I do not think that investors realise that this business is all about hosting. My pick is that this will be a pure play in a few years. Tel and hosting lack real synergies and there is no doubt the hosting business is where the future is at.
 
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$85.55
Change
0.550(0.65%)
Mkt cap ! $2.204B
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$85.54 $87.54 $85.29 $8.529M 99.54K

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