NEA 0.24% $2.08 nearmap ltd

Impatience is at the root of today's sp decline (less so the...

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  1. 8 Posts.
    Impatience is at the root of today's sp decline (less so the spookfish contract - sometimes you win a contract, sometimes you don't, simples). NEA trajectory in the U.S. was ALWAYS going to be post july 2018. i believe they will achieve brilliant results in the 2018/19 yr & patient, long-term investors will be hugley rewarded. i also believe there will ample time to buy in pre july '18.
    Another consideration is that should NEA over-promise the mkt will punish them severely if they only just achieve their stated target (go figure) ... on the other hand, i like the fact that they are decidedly understated as to expectations. They will, i'm confident, report stellar growth post-july '18 in the U.S. & punters will be rewarded, finally. Under-promise ... over-achieve - stand by NEA stalwarts, it's going to happen !
 
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