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$2.10 nearmap ltd

Ann: FY2018 Preliminary Results - Record Portfolio Growth, page-59

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gosouth

3,054 Posts.

149

10/07/18

23:21

Post #: 34264077
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Originally posted by madamswer ↑

I hate to be a bit of party-pooper when the champagne corks are a-popping, but - like any self-respecting business owner - I am more interested in the things that could potential hamstring the progress of the business (or, completely torpedo it, even).

I'm a bit worried about things that I don't know I don't know.

To that end, I would be most receptive to any views that are negative on the Nearmap business model and the commercial space in which it operates (things such as competitor offerings, customer concentration, customer "stickiness", pricing power in terms of perceptions of value for money, potential technological obsolescence, credit control, capital adequacy, etc...).

I always try to remind myself of the adage:
"When something appears to be too good to be true, it almost certainly is."

Apologies for putting a bit of a downer on proceedings, but capital protection is important to me, and I'd like to be alerted to any risks of which I might be unaware. Especially in a business which is at NEA's position of corporate evolution.
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Adam
I have an architect friend who says NEA are painful to deal with. And you pay as you move around the images - a model seen by my friend as very old school.
Just food for thought.
Gosouth

NEA Price at posting: $1.35 Sentiment: None Disclosure: Not Held
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