PPH - PushPay (Church/donor software.)

[Harvey Specter]

I only skimmed it. They said the high rev/EV value (about 80!!) was justified due to high growth but there didn't appear to be any discount for the fact that high growth would be hard to maintain.

I was also a bit confused as ARPM was $1.9m yet revenue for FY15 was forecast at $4.5m. As I said I only skim read it but with a March balance date, they must have another source of income???

Does anyone here follow PAY. I know Moosie/BFG does but I think he is banned.

[blocker3]

I only skimmed it. They said the high rev/EV value (about 80!!) was justified due to high growth but there didn't appear to be any discount for the fact that high growth would be hard to maintain.

I was also a bit confused as ARPM was $1.9m yet revenue for FY15 was forecast at $4.5m. As I said I only skim read it but with a March balance date, they must have another source of income???

Does anyone here follow PAY. I know Moosie/BFG does but I think he is banned.

I own some. The USA road show did it for me .

[Crystal Ball]

I own some. The USA road show did it for me .

I think the numbers being sold are quite pathetic. Wonder if the holders selling to each other to ramp up the price. Tiny, tiny quantities going through about once a week.....not convinced.

[Mista_Trix]

What's up with this stock? Amazing last 6 months, something doesn't quite feel right though.

[noodles]

I think the numbers being sold are quite pathetic. Wonder if the holders selling to each other to ramp up the price. Tiny, tiny quantities going through about once a week.....not convinced.

What's up with this stock? Amazing last 6 months, something doesn't quite feel right though.

From the recent rights announcement issue.
"Certain interests associated with the Huljich family and with the Bhatnagar family, which in aggregate hold 34.81% of the shares in Pushpay, have committed to take up their pro-rata entitlements under the entitlement offer. A number of investors, including interests associated with Pushpay Director Graham Shaw, have agreed to fully underwrite the balance of the entitlement offer at $3.85 per share."

For me, this is a really strong signal for the stock. These guys are on massive unrealised profits, but still want to add more.

I don't own PAY as it doesn't really fit my investing approach. However, the insiders obviously think that this stock is going to go a lot higher.

[Baa_Baa]

The PAY money go round insider share allocations interest free loans and entitlements machine fires into action. Some great deals being shared amongst insiders, considering the lofty share price presently $4.50 https://www.nzx.com/markets/NZAX/sec.../announcements

[robbo24]

The PAY money go round insider share allocations interest free loans and entitlements machine fires into action. Some great deals being shared amongst insiders, considering the lofty share price presently $4.50 https://www.nzx.com/markets/NZAX/sec.../announcements

It's VML all over again

[Crystal Ball]

The PAY money go round insider share allocations interest free loans and entitlements machine fires into action. Some great deals being shared amongst insiders, considering the lofty share price presently $4.50 https://www.nzx.com/markets/NZAX/sec.../announcements

Yeah but tiny tiny little batches selling. All done to push the price up each time so people go onto the charts and go wow! from$1 to $4.50 in s year, I need w slice of the Waitomo ! Piddly amounts gong through once or twice a week, I am not sucked in......DYOR on this one.

[Crystal Ball]

Yeah but tiny tiny little batches selling. All done to push the price up each time so people go onto the charts and go wow! from$1 to $4.50 in s year, I need w slice of the Waitomo ! Piddly amounts gong through once or twice a week, I am not sucked in......DYOR on this one.

Oops predictive I pad, making up words on me. wasn t "I need a slice of the Waitomo" was meant to be I need a slice of the action .....

[robbo24]

I'll see you for my slice of the Waitomo in 2018 for the company's maiden profit (page 2): https://nzx.com/files/attachments/211979.pdf

$220m company with 4.5m revenue I can hear all those VML bulls now - why is the market so silly how come my silly stock doesn't have such a metric?

My guess is the veritable smorgasbord of crispness that is PushPay and the veritable smorgasbord of interesting and cool shareholders.