10/11/2023 09:45

WiseTech Global Ltd (WTC) $61.94

WTC was the high-flying sector darling in August, but a disappointing result has seen the stock fall -35%, illustrating another example of the current market's brutal reaction to misses on any level.

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23/08/2023 17:05

WiseTech Global (WTC) $69.60

WTC-19.62%: Wisetech has been one of the market darlings through 2023 but today it plunged the most since 2020 after the software solutions company delivered weaker-than-expected guidance.

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17/08/2023 09:11

WiseTech Global Ltd (WTC) $84.40

Cloud-based logistics software solutions business has soared higher than we envisaged through 2023 but like many in the tech space, it can be a volatile beast at times and provide opportunities to those prepared to stand up into pullbacks -- WTC reports on the 23rd.

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07/07/2023 09:26

WiseTech Global (WTC) $77.49

WTC has already surged over +50% in 2023 as it enjoys a safety-like bid even as bond yields rose – over previous cycles the Growth/Tech Sector has struggled when interest rates rallied but not this time and as we often trot out “don’t fight the tape”.

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15/06/2023 09:16

WiseTech Global Ltd (WTC) $78.30

WTC has soared well over +50% through 2023 posting fresh all-time highs earlier this week, this cloud-based logistics software solutions business announced revenue growth of 35% to $378.2mn in February and as has been the trend this year it’s gotten stronger & stronger.

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02/05/2023 09:09

WiseTech Global Ltd (WTC) $67.00

Cloud-based logistics software solutions business Wisetech Global (WTC) has continued to invest both smartly and heavily into R&D which has created a great product with compelling pricing power. In February the company announced revenue growth of 35% to $378.2mn, with our main concern being whether this can be sustained as it needs to justify a  huge valuation for 2023.

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24/02/2023 09:45

WiseTech Global Ltd (WTC) $60.66

Logistic software giant WTC continues to invest heavily in R&D ($755mn in 5 years) and the result is a great product with compelling pricing power. The markets embraced its latest result which saw revenue grow 35% to $378.2mn, our only concern is that after 43 acquisitions in 6 years, it’s going to become incrementally harder to lift the impact of future purchases making its 81x valuation for 2023 a touch daunting.

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08/11/2022 09:24

WiseTech Global Ltd (WTC) $54.61

WTC has been one of the sector’s top performers through 2022 as the business continues to deliver but after “popping” to fresh highs well above $46 we have to adopt a more cautious stance.

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24/08/2022 17:03

WiseTech Global (WTC) $59.77

WTC +12.38%: A very strong result today from the logistics technology business which is propelling the stock rapidly towards all-time highs above $60. Revenue of $632.2 million was up +25% YoY and above consensus of $626.2 million while EBITDA of $319m was a 3% beat , plus they forecast FY23 earnings growth of at least 21% which was above the 19% currently...

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24/08/2022 09:23

Flagship Growth Portfolio

The MM Flagship Growth Portfolio slipped -1.9% last week basically in-line with the weak market, we are now holding an elevated 14% cash position making us flexible and by definition in “buy mode”. The portfolio’s top performer last week was Altium (ALU) +13% following a strong result but unfortunately, this was offset by a -15.3% fall by TPG Telecom (TPG) following its earning numbers. Elsewhere Xero (XRO) -10.9% was a standout...

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