Share
3,790 Posts.
lightbulb Created with Sketch. 218
clock Created with Sketch. 05/06/15
13:35
Share
Originally posted by Inferno31
↑
While some of what you have been saying may be true . I think you are generalising the entire imaging sector. The CEO himself acknowledged multiple times that there are a lot of competitors and knows there are the likes of Google and others in the space but more in the consumer space and other segments. But Nearmap has a niche clientele that they are catering their services towards as the client have visual analytics needs . Nearmap is a B2B company with particular industry clients in mind. at this stage Nearmap is tiny and can gain market share quickly. Sure maybe 5-10 years down the line it might struggle as it reaches maturity but then there are other countries and continents to map. Drones, satellites etc are tools to capture imagery , but Nearmap is a visual analytics company and their IP is the image analysis software besides the hypercam, that they offer to clients to analyse and make informed decisions .
Expand
FYI this is not a response to a particular post of yours. I have read most of them and this is my overall response. Thank you for playing devils advocate and don't know about others, but I find some of your points thought provoking and keeps me on my toes, makes me research more. It is dangerous to become complacent .And the more research I do the more sure I feel that this stock will be a profitable one in the near future
