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$2.10 nearmap ltd

I will take the other side. A Custard Tart bet it is.

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ray_dalio_fan

566 Posts.

105

30/06/19

20:38

Post #: 39310286
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Originally posted by Fatman8: ↑

Back in the day many of the teir 1's in todays tech space were at rediculous multiples of earnings at the time seemed ludicrous even during tech bubble, Looking back at the googles, apples, yahoos, microsofts they looked cheap now. With Nearmap you are buying into its future and proven growth records. The hard yards for the last 5 years breaking into the USA where the shareprice was going sideways with risk priced in that ranged from 32 to 60 cents, The risk that they would not gain traction in USA was a big risk factor. Now that much of the risk from USA has gone its going to be a wonderful cash machine going forward, and can be used to leverage into other countries, People forget that Australia is bankrolling the USA basically Australian profits will bankroll Canada once USA is a nats hair from being cash flow positive. I bet you a vanilla slice and a custard tart the next growth update will send the shareprice off its tits.

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I will take the other side. A Custard Tart bet it is.

NEA Price at posting: $3.78 Sentiment: Sell Disclosure: Not Held
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