Originally posted by jaluma
I don't know how that would even be possible
@crystalblue they raised more capital ($70m) to spend more money, there is no chance of a profit in FY19. While they can pretend to break even with cash flow from one pile, while spending more from the other capital raising pile (ie: not cash flow positive overall), you can't really spin it that way with profit.
Given the way you have bolded
surprise, I think you know that as well, but pointing it out for those who may not.
I am not suggesting this week's result will be bad either, just maybe not enough to keep going up.
As for April and July, I am very confident there will be lots more good news to come, but that doesn't mean there isn't a pull back between now and then.
Ok, ok... as you were questioning us the possibility of potential "good news' that could keep the price at these levels I've just responded with the potential of a small profit as one possible news (however unlikely it may seem), but if that doesn't pan out then I guess any of the below will also ignite further optimism:
- A Revenue Guidance in smashing another 20+% growth for AUS and another 150+% growth for the US.
- Any indication that tells us the AU to US Subscription Revenues Rebased to 1st year of capture for the US is now likely to be
double (or even
triple) that of AU in year 6.
- Any news that potentially indicates that EagleView is having difficulties in servicing their mounting debts or that they are having FAA certification issues (or cost issues) in retro-fitting the Spookfish camera pods to their existing fleet of planes.
- Any news that highlights the difficulties (ie. any internal delays or political reluctance) in EagleView pivoting into a subscription model to compete with Nearmap as it will cannibalise into their existing "reports' selling model.
- Any news in relation to Nearmap winning key Enterprise Accounts from EagleView in the US.
etc... etc... etc...
Like many investors who are now watching Nearmap hoping to get in (or top up) at a lower level (myself included), all I'm saying is that, you might be right that after the HY release the share price could pull back a little, but one must also prepare to accept the
possibility that NEA could move even higher from here.
Anyway, enjoy the ride everyone !
