Articles On Megaport (ASX:MP1)

Peter Switzer is joined by Burman Invest's Julia Lee, Shaw and Partners' Adam Dawes, Switzer's Paul Rickard and Coolabah Capital's Ying Yi Cheng.

During October the ASX200 outperformed most developed markets peers, with the financial and technology sectors leading the way. -The ASX200 climbed 1.9% during October-Banks rose and technology outperformed-JPMorgan sees AUD/USD at 68c by y...

The Megaport Ltd (ASX: MP1) share price is falling lower today following the company’s release of a business update this morning. At the time of writing, the Megaport share price is trading just under 2% lower at $14.22.  What did Megaport...

ShareCafeOvernight: Any Result Will Do World Overnight SPI Overnight (Dec) 6063.00 + 9.00 0.15% S&P ASX 200 6062.10 – 4.30 – 0.07% S&P500 3443.44 + 74.28 2.20% Nasdaq Comp 11590.78 + 430.21 3.85% DJIA 27847.66 + 367.63 1...

World Overnight SPI Overnight (Dec) 6063.00 + 9.00 0.15% S&P ASX 200 6062.10 – 4.30 – 0.07% S&P500 3443.44 + 74.28 2.20% Nasdaq Comp 11590.78 + 430.21 3.85% DJIA 27847.66 + 367.63 1.34% S&P500 VIX 29.54 – 6.01 – 16...

It was a month to forget for the Megaport Ltd (ASX: MP1) share price in October. The elastic interconnection services provider’s shares were well and truly out of form last month and recorded a 16.3% decline. Why did the Megaport share pri...

My best investment in my relatively short time investing has been Altium Limited (ASX: ALU) where I’m up 10 times my money. Perhaps I was lucky to invest in Altium, but there were a few things I looked out for with Altium that helped me ch...

World Overnight SPI Overnight (Dec) 6095.00 – 55.00 – 0.89% S&P ASX 200 6155.60 – 11.40 – 0.18% S&P500 3400.97 – 64.42 – 1.86% Nasdaq Comp 11358.94 – 189.34 – 1.64% DJIA 27685.38 – 650.19 – 2.29% S&P500 VIX 32.46 +...

ShareCafeOvernight: America Wakes Up World Overnight SPI Overnight (Dec) 6095.00 – 55.00 – 0.89% S&P ASX 200 6155.60 – 11.40 – 0.18% S&P500 3400.97 – 64.42 – 1.86% Nasdaq Comp 11358.94 – 189.34 – 1.64% DJIA 27685.38 – 65...

I believe the Australian share market is home to a number of mid cap tech shares that have the potential to grow their earnings at a rapid rate over the next decade. But which mid cap tech shares should you buy? Two that I rate highly are...

Over the last couple of years, few ASX shares have been in the financial media spotlight more than so-called WAAAX shares: WiseTech Global Ltd (ASX: WTC), Afterpay Ltd (ASX: APT), Appen Ltd (ASX: APX), Altium Limited (ASX: ALU) and Xero Li...

After surging to an all-time high of $14.05, shares in ASX furniture ecommerce company Temple & Webster Group Ltd (ASX:TPW) suffered a massive correction this week. Temple & Webster shares have plummeted almost 25% lower to $10.77...

Australia’s top brokers have been busy adjusting their estimates and recommendations again, leading to the release of a large number of broker notes this week. Three broker buy ratings that have caught my eye are summarised below. Here’s w...

This year had been shaping up as a breakout for ASX technology company Megaport Ltd (ASX:MP1). Despite challenges posed by COVID-19, Megaport reported total revenues of $58 million for FY20, an uplift of 66% year-on-year. And, after execut...

ShareCafeOvernight: Just About There World Overnight SPI Overnight (Dec) 6170.00 + 1.00 0.02% S&P ASX 200 6173.80 – 18.00 – 0.29% S&P500 3453.49 + 17.93 0.52% Nasdaq Comp 11506.01 + 21.31 0.19% DJIA 28363.66 + 152.84 0.5...

The S&P/ASX 200 Index (ASX: XJO) is out of form on Thursday and sinking notably lower in late morning trade. At the time of writing, the benchmark index is down 1.2% to 6,119.3 points. Four shares that have not let that hold them back...

The Kogan.com Ltd (ASX: KGN) share price has been on an amazing journey over the past six months. It has risen around 250%. Can it go even higher? What is Kogan.com? Kogan.com is an e-commerce business where customers can access various re...

Summary The total revenue for Q1FY21 of Megaport Ltd (ASX:MP1) reported an increase of 2% Q-o-Q to $17.3 million during the September quarter. The company added 566 new Ports and 138 new customers during the quarter. The total Data cen...

IT services provider Megaport (MP1) has reported an increase in total ports and customers for the September quarter; Total ports increased by 10 per ...

The S&P/ASX 200 Index (ASX: XJO) finished 0.12% higher today, ending at 6,192 points. Here are some of the highlights from the ASX today: Megaport Ltd (ASX: MP1) Megaport reported its first quarter of FY21 to investors today. It said...

At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. The benchmark index is currently up a fraction to 6,185 points.  Here’s what has been happening on the market today: Big four banks...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) has bounced back from yesterday’s decline and is pushing higher. At the time of writing, the benchmark index is up 0.2% to 6,196.6 points. Four shares that have failed to follow th...

21 Oct 2020 - Megaport (ASX:MP1) reports record quarterly growth in both customers, up 7 per cent and Ports, up 10 per cent in 1Q FY21, driven by strong demand in North America.

Megaport Ltd (ASX: MP1) has released its trading update for the first quarter of FY21. The Megaport share price is down 6%. Megaport is an interesting business. It enables businesses to connect with data centres, to switch between data cent...

In morning trade the Megaport Ltd (ASX: MP1) share price is dropping lower following the release of its first quarter update. At the time of writing the leading elastic interconnection services provider’s shares are down 4% to $16.07. How...

Shares in insurance software developer FINEOS Corporation Holdings plc (ASX: FCL) have soared almost 90% higher so far this year. Despite the market challenges posed by the COVID-19 pandemic, FINEOS has managed to achieve a number of impre...

Is it a good idea to stay invested in an ASX share after its share price goes on a strong run? I think the decision to sell is a much harder choice than buying. Buying is usually pretty easy – you just pick an investment you think could do...

How to position portfolios for a potential (but not certain) vaccine is currently front of mind here at Montgomery. A vaccine feeds into the ‘reopening’ theme as well as the narrative about a broader economic recovery and companies that are...

2020 has been an exciting year for anyone following the Pointerra Ltd (ASX: 3DP) share price. Although the company has seen significant growth in the value of its contracts, the majority of the growth I am referring to is, of course, its va...

If you’re looking to add a few growth shares to your portfolio in October, then I think the three listed below could be top options. I believe all three are well-positioned to deliver solid earnings growth in the future and could generate...

ASX tech shares are hot property right now but I think it pays to be selective. Much of the focus has been on the ‘WAAAX’ shares like Afterpay Ltd (ASX: APT) and Xero Limited (ASX: XRO). However, there are more tech companies that are doin...

The S&P/ASX 200 Index (ASX: XJO) and All Ordinaries Index (ASX: XAO) are starting to look firmer following recent weakness in ASX tech shares and a broad-based sell off in the Nasdaq. This could be a window of opportunity to explore so...

On Tuesday I looked at a few small cap shares which I think could be top options for investors. But if small caps are a little too high risk for your liking, you might want to take a look at the mid cap shares listed below. I believe these...

ASX tech shares have proved to be among the most resilient stocks to own throughout the COVID-19 global pandemic. There has of course been the much publicised surge in the Afterpay Ltd (ASX: APT) share price, buoyed by the consumer trend t...

Trying to pick the next hot growth company is hard – particularly during a once-in-a-century global pandemic. How are you supposed to predict which ASX shares are going to light up the market when you can’t even be sure of what the world w...

TPG Telecom (TPG), Alliance Aviation Services (AQZ), Megaport (MP1), Home Consortium (HMC) and Breville Group (BRG).

Are you wanting to make a few additions to your portfolio in September? If you are, I would suggest you consider one or two of the five ASX shares listed below. I think all five could be great long term options for investors. Here’s why I...

Global network provider Megaport (ASX:MP1) has been a key beneficiary of the shift to working from home, connecting organisations to the cloud, ...

Gary Rollo joined Chris Scott and Matthew Kidman on Livewire’s Buy Hold Sell to discuss companies developing products for the needs of a large population. Three small caps with exposure to this thematic include City Chic Collective, Megapor...

Wednesday saw the S&P/ASX 200 Index (ASX: XJO) drop by 2.15% with large scale falls throughout the market. Moreover, the buy now, pay later (BNPL) sector was particularly hard hit with Sezzle Inc (ASX: SZL) the biggest loser. Sezzle sa...

The S&P/ASX 200 Index (ASX: XJO) fell by 2.15% today to 5,879 points. It has been a tough September so far for share market investors. The NASDAQ has dropped by around 10% over the past week. This is hurting the local Australian share...

The ASX tech sector has dropped this morning after the NASDAQ 100 (NDX) fell overnight. The Afterpay Ltd (ASX: APT) share price is down 5.2%. There has been broad declines as investors push the sell button. Keep in mind that some ASX shares...

Along with our Top ASX Stock Picks for September, we also asked our Foolish writers to pick their favourite ASX growth shares to buy this month. Here is what the team have come up with… Daniel Ewing: WISR Ltd (ASX: WZR) Wisr offers an al...

Last month’s reporting season turned out to be less frightful than many were expecting. But I think the ASX small caps delivered better results than those in the S&P/ASX 200 Index (Index:^AXJO). ASX stocks at the smaller end of the mar...

By Peter Switzer, Switzer Report With reporting season done and dusted, I’ve asked some of my most respected market watchers to give us the one stock they want to hold going forward. I won’t muck around giving qualifications, but I will sim...

We asked our Foolish writers to pick their favourite ASX stocks to buy in September.  Here is what the team have come up with… Daniel Ewing: Adairs Ltd (ASX: ADH) Adairs is my pick for the month of September – it has been a massive benef...

It may be really tricky to invest in ASX shares during these uncertain times. A share price is meant to represent the prospects of a business for the foreseeable future. Many share prices are riding high, yet there’s still a lot of uncerta...

I think there are a number of quality mid cap ASX shares for investors to choose from on the S&P/ASX 200 Index (ASX: XJO) index right now. Two which I believe could be great long term buy and hold options are listed below. Here’s why I...

It has been a reasonably subdued start to the week for the S&P/ASX 200 Index (ASX: XJO). Although it is up modestly this afternoon, for most of the day the benchmark index has been trading largely flat. But that hasn’t stopped a group...

It has been a strong day on the ASX for a number of ASX tech shares, with some impressive share price gains. Australia’s ASX tech sector has grown rapidly over the past five years.  Let’s take a closer look at 4 ASX tech shares that have s...