NXT - NEXTDC Limited

[finicky]

Market Matters issued a trade alert today that it is adding to its existing holding of NXT in MM's active growth p/f.
No thanks. I glibly view it as a meme stock. It has declared losses for the last two years and we're supposed to have faith that it will justify it's exorbitance in the distant future because 'big data and A.I'. Well I say no, do I look like a mug? I'll buy coal first; it makes electricity, profits and pays franked dividends.
Haven't made my mind up about the chart- could be a rounding top forming, neckline down just below 15.50, or could be a diamond continuation. Or nothing, but a stand aside till it resolves?

Not Held
Not Buying

DAILY

 

[finicky]

NEXTDC Ltd (NXT)
LAST UPDATED 22/11/2024 09:00

The Bottom Line​

• MM is bullish the AI/Data Centre trade with NXT our favourite at current levels.

 

[peter2]

Price continues to fall. 1/2yr loss widening to $42.7M. Not looking good at all.

 

[Dona Ferentes]

following recent customer contract wins, pro forma contracted utilisation as at 31 May 2025 has increased by 16MW (7%) to 244MW since the last update on 6 May 2025.
- The largest increase in contracted utilisation has come from NEXTDC’s data centre under development in Kuala Lumpur, Malaysia (KL1), which now totals 10MW representing 15% of its planned capacity.
- The KL1 facility is scheduled to go live in early calendar 2026 and is being constructed to achieve Uptime Institute Tier IV Certification for both Design and Construction, representing the highest global standard for fault tolerance, resilience, and operational integrity.
- Most of the revenue from these new customer contract wins is expected to ramp up during FY27 following the completion and commissioning of additional data halls. The full revenue impact from these contracts will be realised from FY28 onwards.
As a result of these wins, NEXTDC’s pro forma forward order book, as at 31 May 2025, has reached a record level of 135MW.

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