PPH - PushPay (Church/donor software.)

[Hoop]

BOOM...BOOM...BOOM!!!

Hmmm ..as of 10.30am..PPH shareprice is falling and the downward momentum is increasing 910c -10c -1.1%
Result price already factored in?

[sb9]

Hmmm ..as of 10.30am..PPH shareprice is falling and the downward momentum is increasing 910c -10c -1.1%
Result price already factored in?

NZX does not really matter, we shall wait till ASX opens and see the course of action. In the meantime I've put in opportunistic bid to buy, let's see if that hits..

[Cadalac123]

Customers growth has been in decline for years.

Why do you think all the insiders have been selling.

Retail investors have pushed this up far too high.

Just a few mega churches doing all the heavy lifting.

Covid was the perfect thing to happen to this stock. Revenue may go in decline when a vaccine comes out.

Bit more growth in the industry still but lots of competitors. $500m is fair value here.

Riiiiiight drevil.jpeg
Because the company wasn’t already consolidating into a positive cash flow inflection point even before Covid

[Nigel]

Didn't the Huljich guys offload a bunch of shares a few months back, causing the shareprice to dip? I imagine there's more selling to come.

[Hoop]

Yes agree
Also..insider selling is not always a bad sign..Often, as a company's life cycle matures the insiders that move on are the ones that have their strengths in managing start-ups, innovation, special tech skills creating an access to a market segment, acquiring funding.. etc...They need the money to create new start ups because that's what they do best. They are replaced by insiders who have their strengths in areas such as continuing growth through acquisitions and increasing production/managing margin rates /protecting and increasing market share strategies.

Another winning formula for us investors could be to follow Chris Heaslip

My thoughts and opinion (musings) below may be wrong but maybe...just maybe..

More insiders with SaaS and innovation strengths leave..

Pushpay Holdings Limited (NZSX:PPH, ASX:PPH, 'Pushpay' or 'the Company')
announces that the Board has accepted the resignation of Peter Huljich as a
Director of the Company, effective 31 December 2020. Peter's Alternate,
Christopher Huljich, will also cease to hold office from that date.

Those Directors leaving is another sign that PPH company's lifecycle is maturing...This news maybe starting to see a shift in the type of shareholders as some SaaS type investors may decide to leave now for other SaaS hunting grounds..I don't know but maybe in the near future Fund managers may also have to rejig PPH into different portfolios.

This would attract a different breed of investor.. Profitable mature companies tend to pay dividends....If that happened it would attract a new breed of investors, like the Mums and Dads and the elderly reliant on income streams..Until that time though, PPH's share price may temporarily "fall between the stools".

I'm trying to justify the investor lack of enthusiasm over the very good result. Maybe the Share price was already factored in or perhaps it's to do with the maturing status or both or something else I don't know about.

.....Just saying...

EDITED.... PS..In my view PPH is a great company

Price 870c -50c -5.4%

[BlackPeter]

BOOM...BOOM...BOOM!!!

https://www.nzx.com/announcements/362561

market clearly disappointed - already 5% down on opening ...

[DownTownJr]

market clearly disappointed - already 5% down on opening ...

To be expected. Mr Market always responds this way to positive news lol.

[whatsup]

This is a little concerning on page 4: "Pushpay’s total Customer number remained flat over the six months to 30 September 2020".

In the middle of a pandemic, I would have expected this to increase.

Im picking that this will settle where it was 2 months ago @ $7-50ish, too many fish heads bailing for the market to get enthused atm !!!

[winner69]

Im picking that this will settle where it was 2 months ago @ $7-50ish, too many fish heads bailing for the market to get enthused atm !!!

Maybe many of their ‘customers’ are too sick with virus to go to church ..or even died

[sb9]

To be expected. Mr Market always responds this way to positive news lol.

Yep, have added more just after ASX opened...