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06/09/18

22:07

Post #: 35455903
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Originally posted by Harry58 ↑

Strategically Eagleview through aggressive pricing and no data cap offerings could massively disrupt Nearmap's profitability in Australia and hence the cash flow it needs to sustain US operations. IMO this would be the key strategy to damage Neamaps expansion into the US market

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Eagleview is so leveraged that Moody's has highlighted the warning. They took on $700 million more debt in July and typically are double the contract price of Nearmap in the US. I don't think Eagleview will discount hard in Australia.

SFI Price at posting: 7.7¢ Sentiment: Hold Disclosure: Held
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