http://www.nbr.co.nz/article/pushpay...comment-694314
Stunning result. (disc. - shareholder, and smiling) :)
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http://www.nbr.co.nz/article/pushpay...comment-694314
Stunning result. (disc. - shareholder, and smiling) :)
First time caller, long time listener.
I've noticed your almost evangelical praise of VMob (a company with a history of promising and failing to deliver everytime it changes its stripes with a new business idea, dodgy corporate governance from directors that have a history of fleecing investors, telling investors they won't list on the ASX, then they will a couple of days later, juicy SPP's for cushy execs who keep selling down) yet, you are so decidedly critical of Pushpay, a company that from the outset has gone from strength to strength with its growth. Instead of rumoured deals, these guys are actually delivering, unlike VMob.
Im not defending Pushpay, I invest in neither, but I am curious why you aren't equally as critical about VMob, a company with an arguably similar revenue model.
Subway, I am an investor in both - in some ways they are similar and in others not. Pushpay are probably the most focussed and determined Tech company on the planet at the moment and scoring goals. VMOB seem to be sorting a few legacy issues out and have developed seriously good connections in the US. The only question in my head, is which company gets the big buy-out offer first. NZ is entering a tech company renaissance - some really cool things happening in the space in a number of areas. The real challenge as always is picking the winners.
Private placement at a huge discount (at least they are embargoed for 2 years). I guess it depends how long the capital raise has been going for given they were at that price in August.
http://www.sharechat.co.nz/article/1...placement.html
Nearly a 4 fold in a year... whoaaaa