PPH - PushPay (Church/donor software.)

[nztx]

Crikey .. $6.43 finish up today

[Longhaul]

OK, so the buying isn't stopping - currently at US$1.13 MCAP.

Anyone care to speculate who is buying in? It seems they are trying to build a decent position and not waiting for pull backs.

p.s. wish I had more of these!

[Sir Ten]

OK, so the buying isn't stopping - currently at US$1.13 MCAP.

Anyone care to speculate who is buying in? It seems they are trying to build a decent position and not waiting for pull backs.

p.s. wish I had more of these!

Welcome to more... just a question of price.

[Sir Ten]

PPH's investor relations are second to none - their messaging is clear and consistent and they have habitually outperformed guidance

However, at $7, it is looking increasingly weighted to the downside:
- Slowing customer/revenue growth
- Reasonable competition
- Near-term economic headwinds with donations linked to GDP
- Declining church membership (https://fivethirtyeight.com/features...t-coming-back/)
- Broker valuations carrying a 10% WACC, which implies a cost of equity of around ~12-13% (depending on your views around risk free, beta, MRP and gearing)

Too pessimistic?

[Longhaul]

Longterm, Pushpay has set its sights on $1.5 billion annual revenue (I assume that's a USD figure), and as you say they have a great track record of achieving what they say they will.

Someone is still seeing opportunity at $7, buying 1.7 million shares today at $7.02 VWAP.

If Pushpay gets onto the radar of US investors, what would that do to the shareprice?


*edit - I hope I have the revenue figure right, please correct me if I'm wrong!

[King1212]

Brokers all recommend buy......no target ...but saying future is very rosy....with all the covid n people are in hope of God blessing.

So dip in my toes again...this morning....

[Cadalac123]

Brokers all recommend buy......no target ...but saying future is very rosy....with all the covid n people are in hope of God blessing.

So dip in my toes again...this morning....

It doesn’t really matter what brokers are seeing the report is extremely transparent enough to make a logical deduction as to whether the company is safe to invest in or not.

[King1212]

Finished really strong at the oz Market... luckily picked some..used all my oz Moni

[Cadalac123]

Finished really strong at the oz Market... luckily picked some..used all my oz Moni

Going to be random institutional accumu and dump till next report.. wouldn't bother having too much +FOMO yet but could spike out o=f nowhere too, but also get dumped

[King1212]

Mate...I been in and out PPH long enough....my first entry was $1.70

Was waiting the SP pull led back before get in again...

Great future ..but many still disbelief..m