Thanks for the English lesson too ....;)
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I understand you perfectly well Alokdir and enjoy your posts.
and I don't think you are wrong re: the potential re M&A for Pushpay. It's a cointoss if PPH can deliver to consensus but if it can and at the current SP there are plenti of payment orientated private equity and trade groups that might be keen to take it out.
On a March 2022 financial year it is trading on a PE ratio of 20.2x with NPAT growth of 30%. That's a PEG of 0.67. For 2023, its on 19x for NPAT growth of 14.3%, a PEG of 1.3. Those are undemanding valuation metrics, particularly for a payment platform.
It's got baggage and NZX investors don't easily forget hence the flagging SP, and not a lot of confidence in the CEO. None of those are particular impediments to a buyout group
but who knows with this one.
Holy Moly ……just read 3,700 churches close down in a year in the US
Maybe that’s why Molly a bit coy on customer numbers
3700 close 4000 open but probably unattractive to PPH who are after the bigger fish.
Fast facts about American Religion
http://hirr.hartsem.edu/research/fas...ast_facts.html
http://nzx-prod-s7fsd7f98s.s3-websit...599/366380.pdf
ACC buying from Nov till March 2022 to become substantial holder ...hold more then 5% ...Thats a positive for stock and its future I think ....