News: nearmap mapping out expansion plans , page-6

  1. 3,702 Posts.
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    I must say Walden it does seem rather odd that after joining hotcopper in April 2013, you have posted only 6 times and only about NEA and generally quite negative each time. Is this the only stock you are interested in for some reason?

    I agree somewhat about the lack of info like subscriber numbers, but a reason was given for this in the video linked above, and a promise to supply this info later in the year.

    The company is annuity style recurring contracted revenue with contracts often longer than a year and high retention on record.

    valuation on previous financials should result in a lower than currently traded price, say 20 to 30c, but the higher price is for the higher than average growth expected and potential for being a target for someone like google.

    SC indicates they are still signing subscribers indicating revenues increasing. New product offerings are a good idea in my opinion, at least they are actually doing somthing rather than nothing.
 
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