NEA 0.24% $2.08 nearmap ltd

Broker upgrades, page-5

  1. 267 Posts.
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    I believe their last targets were:
    Morgan Stanley at $1.80
    Foster at $1.79

    Looks like these targets might become reality very soon.

    Also, the Flagpole charting pattern predicted this could go to $2.20

    But regardless of the target price outcome, we are in for a wild ride, so lets go through our checklist & hold on to your hats !

    - Breakeven turnaround is in sight.
    - Exponential Growth underway.
    - Operating in a Huge GIS Market that in itself is also growing.
    - Unique mix of product & service offerings.
    - Industry Distruptor.
    - Demonstrated capability to transcend between different countries.
    - Limited competition.
    - Very capable management with short & long term strategic views to take the company forward for many more years to come.
    - Potential takeover target for Global Giants such as Google, Apple, & Microsoft (other possibilities I see could be TomTom, Tesla, ESRI, Autodesk, Pitney Bowes Mapinfo...etc....).
    - 3D captures have HUGE potential usage royalties from 3rd party VR, AR, Tourism & global games development software firms.

    Need I say more?



    Enjoy the ride!
    Last edited by crystalblue: 23/08/18
 
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