PPH - PushPay (Church/donor software.)

[kizame]

yeah big volume over there,won't get too excited just yet,there was big sell volume on our market yesterday,hasn't quite broken the downtrend line.
Watching to make sure the down leg has finished before I jump back in.

[sb9]

https://nzx.com/files/attachments/252494.pdf

Always good sign whenever directors puts money where their mouth is....in this case on-market purchase of 147,516 shares at an av price of $1.68.

[sb9]

Some big volume from PPH.ASX pre-market..

1

9:07:40 am

187.5

4,322,529

$8,104,742

Crossed, Special Crossing >= T3 < T3

[sb9]

By the way, that price of AUD 187.50 is equivalent of NZD 200 at today's conversion rate of .9395

[Beagle]

By the way, that price of AUD 187.50 is equivalent of NZD 200 at today's conversion rate of .9395

You beat me too it. Sure you meant $2.00. Massive volume on a rising price...join the dots...glad I joined them at $1.76 yesterday and more this morning on open

[sb9]

You beat me too it. Sure you meant $2.00. Massive volume on a rising price...join the dots...glad I joined them at $1.76 yesterday and more this morning on open

Zeeepers..I'm gobsmacked that Roger is on the bandwagon of a tech company, good on ya

[Jinx]

You beat me too it. Sure you meant $2.00. Massive volume on a rising price...join the dots...glad I joined them at $1.76 yesterday and more this morning on open

Great to see you jump on the bandwagon Roger! Interesting to if a 10% jump in sp is maintained in the coming days.

[Beagle]

Thanks guys...the hounds new 2017 strategy of 5% asset allocation to speculative investments is off to a roaring start !

P.S. five million crossed at $A1.87.5 now.

[Leftfield]

Nothing wrong with speculative investments Roger - you just got to choose the right ones.
Glad I sold my AIR and purchased more PPH and PIL over the last few weeks. Exciting times!
(Crikey today I even shot up to 12th in the stock picking comp!)

[Beagle]

Pehaps BP as many others do, sees a company that has had large cash burn with 0 profit at close to half a billion dollar market cap. Hearing those facts is enough to turn many investors off. But to me Pph presents a unique opportunity to invest in a company that is gaining an ever increasing reach within a part of the world that more money then they know what to do with(religious Americans). If pph can deliver on a becoming cash flow positive this year my guess is today's share price will look mighty cheap in 12 months.

Agreed and the investor who just outlaid $10m for 5m shares obviously thinks so too. Being cash flow positive within such a relatively short timeframe is an excellent result for a SAAS company and makes them a prime target for a takeover...please someone help me out and remind me..how many years has it taken XRO to stop burning cash and look at their market cap !