PPH - PushPay (Church/donor software.)

[kiora]

"6.33 million Shares (approximately 66% of the total number of Shares) remain subject to escrow arrangements entered into at the time of PAY’s Listing on the NZAX. Shares equal to 36.78% of the total number of Shares will be released from escrow on 31 July 2015, and the balance will be released from escrow on 31 July 2016"

Any thoughts on the likely impact of this on share price?

Shares coming off escrow did not affect share price last year from what I can see
https://finance.yahoo.com/chart/PAY.NZ?ltr=1

[kiora]

My guess is between $2-$2.10 a piece.

Looks like you could be a bit light sb9

[sb9]

Looks like you could be a bit light sb9

Well, they haven't disclosed that yet right? let's wait and see...

[kiora]

Any one at the AGM?

[King1212]

http://www.nbr.co.nz/article/mobile-...sting-b-191625

[Yoda]

Does anyone see this as a threat to PushPay?
http://www.stuff.co.nz/business/money/82121584/anz-ceo-says-plastic-cards-gone-in-less-than-a-decade

[King1212]

Does anyone see this as a threat to PushPay?
http://www.stuff.co.nz/business/money/82121584/anz-ceo-says-plastic-cards-gone-in-less-than-a-decade

mate...Pushpay is an app....where customers need to have he software n use thier bank card or credit card to donate to thier churches. I don't see above article is a threat..

[Dilbert]

Sure its a threat, Pushpay has a nice niche in the faith sector and has some exciting ambitions in other areas like utilities. But, other digital payment systems are going to compete with it. Banks for example already have banking apps where you can pay bills. Question is can Pushpay compete in this area? If they can get support from the big utilities perhaps they can. But its a rapidly changing space - anything can happen.

[Zaphod]

There's still a way to go before digital wallets are in mainstream acceptance. Paywave for example, is still controversial in some circles. I've received a few lengthy sermons on how evil and dangerous the technology is, without any real objectivity or facts to back up such assertions.

IMO we'll see industry consolidation. So my long term outlook for Pushpay would be as an acquisition or merger target.

[Jinx]

https://www.nzx.com/files/attachments/239964.pdf

Even with concern about the upcoming share embargo directors still continue to jump on board.