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$2.08 nearmap ltd

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adrian32

559 Posts.

05/01/18

17:13

Post #: 30079799
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Originally posted by rumandcoke ↑

Half agree.
NEA seems to attract lots of technical traders who push the stock too high and too low.

But underneath, the company delivers consistent growth every year. I'd disagree they "lack the ability to sell it". What data supports that? They consistently deliver double digit growth in Australia and USA.

The only negative for this stock has been the question "will the US expansion work?". If it doesn't, the company should be valued on its Australian operations. If the US works out, it should be Australia x5 or Australia x10.

What amazes me is that question must surely be considered resolved now. Does anyone still think the US is not going to work out? It is working. The US operations are growing at a faster rate than the original expansion in Australia. At some point very soon the wider market will wake up to that.

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Lets hope so...

NEA Price at posting: 63.5¢ Sentiment: None Disclosure: Held
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