PPH - PushPay (Church/donor software.)

[minimoke]

Yes, higher highs on larger volumes....

And another 300,000 at 4.32. Someone doesn't mind accumulating in big slabs

[drcjp]

Noice. Can't tell if this is being driven by the NZX or ASX.

[minimoke]

Noice. Can't tell if this is being driven by the NZX or ASX.

Theres another 100,000 at $4.35. Doesn't seem to be the usual machines nibbling a few heer and a few there. Someone is putting decent coin on the table (while someone obviously happy to take the gain)

[drcjp]

Interesting week. Demand and volumes that weren't necessarily expected. Somebody's crunched some numbers and likes what they see obviously.

[winner69]

Shareprice pushing new highs

Currently trading at more than 20 times Gross Profit .....hmm hmmmm

Does a ‘Talented and Driven Team’ deserve such a high rating

[winner69]

Not much interest on the ASX

[Toulouse - Luzern]

Not much interest on the ASX

The Bull weekly update had a premium article on PPH that I received today.
thebull.com.au

As I am not a premium member I don't know the content.


Headline was

This mobile-payment app company is one to watch

Pushpay's digital collection-plate technology...

[percy]

It worked OK for me.I receive their newsletter weekly.

[winner69]

Worked OK for me as well

Good that they get these sort of articles out to keep the hype up.

More hype the better for the shareprice ....esp if Australian retail (bull.com.au followers) like the story

As the article says a break out above resistance (in NZ about 450) we’ll be right

Keeping the faith

[BlackPeter]

The Bull weekly update had a premium article on PPH that I received today.
thebull.com.au

As I am not a premium member I don't know the content.


Headline was

This mobile-payment app company is one to watch

Pushpay's digital collection-plate technology...

Just google it - and potentially clean out your cookies before you do ;

That's as I see it the major conclusion from the article:

The challenge with Pushpay is valuation. A billion-dollar market value for a loss-making company is a big ask, even by tech standards. The stock is not widely researched by analysts and consensus forecasts are too few to rely on.

Pushpay expects to be cashflow breakeven by the end of 2018. The long-term goal is attracting 50 per cent of the medium and large church segments, a market it says is worth more than US$1 billion in annual revenue to Pushpay.

There’s a huge addressable global market in electronic church giving and Pushpay, for all its growth so far, is only scratching the surface with US$70 million in revenue. Other growth will come as schools and charities use the technology to encourage regular giving or launch campaigns to raise money quickly for projects.

Buying Pushpay at the current price requires a leap of faith. But when you consider the industry position, the potential market size and the value proposition that electronic giving offers churches and worshippers, Pushpay warrants attention.