The positive outlook & cashflow for near map australia

nearmap (ASX: NEA) has generated positive cashflow earlier than anticipated, with growth largely driven by a strong response to the company’s new subscription based service.. In late November the company announced the establishment of a paywall on the nearmap.com website to enable better monetisation of its web based PhotoMap content. nearmap’s diverse fleet of planes routinely fly and capture the most recent aerial images. This means you have access to the latest, up-to-date aerial photo imagery available. nearmap is used by thousands of companies, large and small, in a wide range of industries.

Acquired by intellectual property firm Ipernica, the Nearmap product is now core business for the firm who has divested their IP interests and renamed the company to Nearmap.  Originally a free service, at the end of December Nearmap has switched to a paywall, and turned cashflow positive within a month.

More newsInformation Services is pleased to announce that NearMap is now available to UWA staff and students as a subscribed resourceUWA’s subscription to NearMap must be accessed via OneSearch or the catalogue.

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DMS Now an Authorised Reseller of NearMap PhotoMaps

DMS is pleased to announce the signing of a reseller agreement with NearMap which sees them become one of the first suppliers of PhotoMap licences to Local Governments Australia wid

How the Bric Countries are faring + New bank

BRICS FACTS and DATA

Economic data shows that the grouping of Brazil, China, India, Russia and South Africa now account for 25 percent of global GDP and 40 percent of the world's population.

New bank proposed to replace world bank by brics

The proposal of this new bank will be competition to World Bank, the International Monetary Fund  which has its roots in the US. The summit commenced on 26 March at 17:30 GMT. Amongst the important issues being discussed was the creation of the development bank, in follow up from the previous summit. It sought to create an infrastructure-focused bank. The disputes over the bank were in regards to what it would do and how it would provide an equitable return on the initial investment of about US$10bn

The leaders in the 2013 summit , in South Africa will gather to discuss a proposal to challenge World Bank domination with a new “World development bank”

 

The nations  & growth of the BRIC’S

China has become the informal leader of the group. With a GDP of $8.25 trillion in 2012, the IMF
estimates that the Chinese economy will climb by a whopping 8.2 percent in 2013.It remains the globe's most-populated country, with 1.34 billion inhabitants.

Brazil: With a GDP of $2.425 trillion in 2012, Brazil is the world's seventh largest economy. It holds only a modest place in world trade activity, however, and experienced sluggish growth of one percent last year.

Russia: Ranking ninth on the list of the world's biggest economies, Russia accumulated a GDP of $1.953 billion in 2012, boosted mainly by its gas exports, making it the world's eighth largest exporter.

India: Despite its population of 1.24 billion, India remains a smaller player among the world's economies, falling into a 10th place with a GDP worth 1.946 trillion.

South Africa: Smallest of the BRICS economies is South Africa. Placing 41st world exporters, the country has a GDP of $390 billion and a population of 50.5 million.

India stock update–today

• The event-Unilever Indonesia increases royalty payment to its parent Unilever: Unilever's Indonesian subsidiary, PT Unilever Indonesia, has approved a hike in royalty payments to its parent Unilever. Unilever Indonesia has agreed to pay a 5% fee and a maximum of 3% actual cost recovery as compared with the existing 3.5% fee.

• Near- to medium-term order flow to taper down from PGCIL; though global opportunity visible: Our interaction with the management of PGCIL revealed that around Rs70,000 crore of orders were already placed by the company out of the total approved investment worth Rs85,500 crore for the 12th five-year plan. Out of the approved investment, around Rs15,000 crore of ordering is pending. PGCIL would require additional orders worth Rs15,000 crore to touch the target of Rs100,000 crore. So, we believe that till the end of FY2015, ordering could be around Rs30,000 crore on the higher side from the PGCIL. Ordering from the PGCIL crossed Rs18,000 crore in FY2011 and Rs22,000 crore in FY2012, which should not be above Rs15,000 crore on an average in the next two years. Hence, we maintain our cautious stance. Nevertheless, opportunity from the international market is likely to remain buoyant driven by the aging infrastructure requiring replacement, investment driven by American Recovery and Reinvestment Act and finally due to a smart grid and focus on renewable sources.

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• Fears about similar changes in HUL's royalty fee structure: The hiking of royalty fees for Unilever Indonesia has led to fears of a similar action on Hindustan Unilever (HUL). HUL currently pays a royalty fee of 1% of the net sales for using the brands and trademarks held by Unilever. HUL has been paying 1% royalty to Unilever since August 1999 when for the first time entered it into a technical collaboration agreement with Unilever. The same was revised in December 2009, wherein additional products were added to the arrangement. The products added included product categories, where technical inputs are provided by Unilever, and products of specified categories manufactured by third-party manufacturers, where technical inputs developed by Unilever were made available to them.

• • Relatively weaker flow YTD: The order awarding activity of Power Grid Corporation of India Ltd (PGCIL) picked up in September at around Rs1,873 crore. However, October and November (part of Q3FY2013) have broadly recorded average ordering to the tune of ~Rs700 crore in each month. In Q3FY2013, we expect that PGCIL will find it difficult to catch up with order flow compared with that of Q3FY2012, given the year-till-date (YTD) order flow. However, going by the historical trend, significant (almost 40-50%) ordering is expected in Q4FY2013.

  • Transmission line segment remained the highest contributor, while KPTL and KEC regained the market share: Among segments, order from the transmission line segment remained the highest growth contributor in YTDFY2013, contributing around 35% (excluding transmission line order of high-voltage direct current [HVDC] multi-terminal system worth Rs2,500 crore during June 2012). In the transmission line segment, we observed that (KEC; 17%) and Kalpataru Power Transmission Ltd (KPTL; 14%) regained their market share YTD.