Pointerra has continued to impress of late, I wouldnt worry as the share price will follow. Using a long term view the price remains bullish.
All the deals signed lately is part of the scale up process. Major deals with telecommunications companies take time even years. First trials were mentioned a year ago, I imagine there is a fair bit of technical adjustment to make the respective systems talk properly.
Revenue is growing organically to date just look at the past 4c's. It's unreasonable to expect this company to go from having first enterprise customers a year ago to multimillion dollar contracts in a year. With the next 4c we should have increased confidence that cash flow will be reached without need for additional funding.
Of late pointerra has aligned with Bentley, Harris, AAM and a number of other major players. Launched a 3d market place. Implemented leading point cloud to mesh technology. They have also recruited the right people on the ground in the US and hopefully the soon the EU to target growth markets.
What more could you realistically want for of late considering where they are in the companies life and for a super micro cap? A year ago you could have argued this company was just relying on a gimmick. The number of companies and projects being aided by pointerras solutions and the giant leap in reach of the company means that success will follow. This is a company has a legitimate business and service that it continues to build on. This is the ground floor in terms of market cap to value, there is alot more room for the company to go up based on the foundation they are building then there is floors to fall down from.
DYOR etc.
3DP Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
