Upfront apologies, I don’t want to hijack this thread to drift towards Alphageo specific discussion, still can’t hold from my two cents on alphageo.
Though I am invested in Alphageo from lower levels. However, even with that I don’t have visibility beyond 2018. All that optimistic thinking about getting 3D orders from OLAP bid winner for extensive survey, vertual monopoly, mote etc has a BIG ‘IF’ attached, that is…continued policy tailwind.
With the benefit of historical reference, government changes quickly and the policies even faster. All of the sectors floting/rising JUST ON policy tailwind may not command that great a valuation. Look at 15 years of top line/bottom line chart for Alphgeo and this very fact screams aloud.
Disclosure:
Invested
Underlying hypothesis : can hold till 18 and beyond subject to policy continuity