Originally Posted by
BlackPeter
Just wondering - how much do they need to grow their ACMR of 42.3m to be able to pay not just for 341 staff (well, probably more by now) a handful of really big fat company cars for the execs plus lots of first class travel (for sure you can't travel cattle class when selling to the faithful ...), but to still keep some (hopefully at some stage positive) earnings which accrue to a NPV of NZD $500m (current market cap) within less than biblical time frames? Anybody did these numbers? What are the assumptions in terms of number of customers, monthly revenue per customer, and useful life of the app before the next big fad goes through the faith industry (who knows - maybe move towards telepathie based payment systems ;) or pushing cash might turn into a standard feature of Android 6 or 7?).
I think there is no doubt that PPH will earlier or later reach their XRO, WYN, DIL, PEB or GEN peak ... and sure, some of these companies do still exist (though somewhat downtrodden ...). Not sure I am looking forward to the discussions on the downhill slope ...
Discl: Don't ...