I was enjoying the " Warmth " and showing my " gratefulness "....am sure that also people understood ...lol
I understand you perfectly well Alokdir and enjoy your posts.
and I don't think you are wrong re: the potential re M&A for Pushpay. It's a cointoss if PPH can deliver to consensus but if it can and at the current SP there are plenti of payment orientated private equity and trade groups that might be keen to take it out.
On a March 2022 financial year it is trading on a PE ratio of 20.2x with NPAT growth of 30%. That's a PEG of 0.67. For 2023, its on 19x for NPAT growth of 14.3%, a PEG of 1.3. Those are undemanding valuation metrics, particularly for a payment platform.
It's got baggage and NZX investors don't easily forget hence the flagging SP, and not a lot of confidence in the CEO. None of those are particular impediments to a buyout group
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