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There's always two sides to a story, and it's interesting looking at the graph, and then casting an eye back a while. From early Feb 2019, : Now all those reasons may well have been valid, but, a year on, where are but 25% higher. Tough luck, short fellaNot that there aren't challenges. I've held MP1 for a while ridden from $2 to $11 and taken profits along the way (free carry now), plus have seen MAQ move away from telephony to data, so I haven't felt the need to take a position in NXT. Its an explosive space and with the continual move to the cloud and uptake of IoT and analytics, robotics and AI, data is growing at, some say, 100% pa. Now what does this mean, other than a snapshot of centres shows capacity utilisation at 30, some say closer to 20, per cent. But that's full up, because by the time a new centre is planned, utilisation will be close to 100%.And then there's the call on cash. For growth, expect underwritten institutional placements and capital raises to buy any new properties to house data centres. Pretty easy to announce record revenues and record earnings before interest, tax, depreciation and amortisation (EBITDA) with such growth.And another factor; power and cooling requirements for the IT equipment. this is by no means a small contributor and, globally, data centers used roughly 416 terawatts (4.16 x 1014 watts), or about 3% of the total electricity generated around the world.
There's always two sides to a story, and it's interesting looking at the graph, and then casting an eye back a while. From early Feb 2019, :
Now all those reasons may well have been valid, but, a year on, where are but 25% higher. Tough luck, short fella
Not that there aren't challenges. I've held MP1 for a while ridden from $2 to $11 and taken profits along the way (free carry now), plus have seen MAQ move away from telephony to data, so I haven't felt the need to take a position in NXT. Its an explosive space and with the continual move to the cloud and uptake of IoT and analytics, robotics and AI, data is growing at, some say, 100% pa. Now what does this mean, other than a snapshot of centres shows capacity utilisation at 30, some say closer to 20, per cent. But that's full up, because by the time a new centre is planned, utilisation will be close to 100%.
And then there's the call on cash. For growth, expect underwritten institutional placements and capital raises to buy any new properties to house data centres. Pretty easy to announce record revenues and record earnings before interest, tax, depreciation and amortisation (EBITDA) with such growth.
And another factor; power and cooling requirements for the IT equipment. this is by no means a small contributor and, globally, data centers used roughly 416 terawatts (4.16 x 1014 watts), or about 3% of the total electricity generated around the world.
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