PPH - PushPay (Church/donor software.)

[nztx]

I wonder if PPH & their Captivated enlisted Causes are able to coax the great bathed Faithful & Hopeful
into parting with THREE or FIVE or even TEN times what they are currently shelling out any time soon ?

[winner69]

OMG ..one analyst has a price target of $2.41 ( from marketscreener link above)

[alokdhir]

OMG ..one analyst has a price target of $2.41 ( from marketscreener link above)

U r the only one who saw that link ...lol

[BlackPeter]

First of all PPH is a small speculative position based on hunch and faith then any market dynamics as mentioned by Shareguy ....Once that part out of the way ...Craigs recommendations in Broker's Picks for last 5 years is in public domain ....U can very easily verify what I wrote about them doing better then all others which is the basis of my FAITH in their picks .

Whether I actually understand why it should go up or not is not required as I said its based on my faith and hope . I am trying to follow Craigs advise here like I have been doing in last few years and it had helped me do well overall ...not all winners but more winners then losers ...eg last year market was flat but Craigs did plus 22% and that was not their best year . In 2020 market up 13% and they up 21.3% , 2019 market up 31.6% and they 47.7% , 2018 market down 4.3% they up 21.2 % and so on ....just shows they have very consistent track record of beating market which is the basis of the FAITH and HOPE

https://www.marketscreener.com/quote...790/consensus/

This also HELPED !!

Fair enough ... I am glad it is for you only a small speculative position - and trust it is money you can afford to lose : Hope the same is true for other holders. If its just for fun - I recon a lotto ticket is more likely to make its owner rich, but hey ... I would not recommend this investment either

Re Craigs ... I assume you realise that 5 wins in a row in a lottery type competition (nobody can predict future stock prices a year away ; are not a statistically meaningful set of data. These things happen from time to time similar to winning streaks in the casino next door. Does not mean though that the winning gambler is particularly skilful in gambling (unless they are cheating) - they just are lucky ... at this particular point in time.

Related to the analyst consensus in market screener (or wherever) - I recommend you take a statistically meaningful number of companies (say 100) and compare for some time their 12 months consensus with the prices these stocks achieve in a years time. Its a bit of effort involved, but the result can be an eye opener.

But better than discussing the reliability of horoscopes (analyst SP forecasts are not more and not less) would be to do some fundamental analysis.

To just justify PPH's current price (based on its current earnings) it would need to keep growing its earnings by 10 to 15 % per year in infinity. They are unlikely to achieve this by increasing their kick back, i.e. they need to consistently increase their customer base. Just wondering where this growth is supposed to come from? Mobile based payment solutions are plenty and growing, while the clientele of the faith industry is consistently shrinking.

Something does not add up ...

[alokdhir]

Fair enough ... I am glad it is for you only a small speculative position - and trust it is money you can afford to lose : Hope the same is true for other holders. If its just for fun - I recon a lotto ticket is more likely to make its owner rich, but hey ... I would not recommend this investment either

Re Craigs ... I assume you realise that 5 wins in a row in a lottery type competition (nobody can predict future stock prices a year away ; are not a statistically meaningful set of data. These things happen from time to time similar to winning streaks in the casino next door. Does not mean though that the winning gambler is particularly skilful in gambling (unless they are cheating) - they just are lucky ... at this particular point in time.

Related to the analyst consensus in market screener (or wherever) - I recommend you take a statistically meaningful number of companies (say 100) and compare for some time their 12 months consensus with the prices these stocks achieve in a years time. Its a bit of effort involved, but the result can be an eye opener.

But better than discussing the reliability of horoscopes (analyst SP forecasts are not more and not less) would be to do some fundamental analysis.

To just justify PPH's current price (based on its current earnings) it would need to keep growing its earnings by 10 to 15 % per year in infinity. They are unlikely to achieve this by increasing their kick back, i.e. they need to consistently increase their customer base. Just wondering where this growth is supposed to come from? Mobile based payment solutions are plenty and growing, while the clientele of the faith industry is consistently shrinking.

Something does not add up ...

Thanks for your well intentioned advise .

My investment is for one year ...then will either book my losses or profits ...God willing it will be profits ...lol

[BlackPeter]

Thanks for your well intentioned advise .

My investment is for one year ...then will either book my losses or profits ...God willing it will be profits ...lol

No advise, just observations and a bit of Statistics 101.

Anyway - Hope for holders the trend will turn and be with you instead of against you :

PPH.NZ.JPG

Unfortunately - the odds for a trend change are at any point in time lower than the odds for a trend to continue ... until it does change .

There is this famous saying from KW about investing into a downtrend ... but hey, this is a different story.

[dreamcatcher]

Believe the $2.41 is Goldman but some brokers picked PPH as their top 5 for 2022

Disc: All free-held

[winner69]

At least the share price went up on Friday ..... close at 93 up 2

A bad day and it would have been in 80's ...ouch

[alokdhir]

At least the share price went up on Friday ..... close at 93 up 2

A bad day and it would have been in 80's ...ouch

Deeper they go ...stronger and sooner they come back ...as it makes them more interesting ...dont u think so mate ??

[winner69]

This is interesting from my mate at Clare Capital raising possibility of corporate action seeing PPH is so so cheap

Hope you can read

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