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Thread: PushPay

  1. #1
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    Default PushPay

    Another potential listing, probably on the NZAX:

    http://www.nbr.co.nz/article/pushpay...ting-bd-154146

    Not sure if there will be an IPO or just a pre-listing round followed by a compliance listing (lie GEO).

  2. #2
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    I reckon SparkytheClown would quite like this company

    Shame he is no longer around to comment on it
    Share prices follow earnings....buy EPS growth!!



  3. #3
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    Quote Originally Posted by steve fleming View Post
    I reckon SparkytheClown would quite like this company

    Shame he is no longer around to comment on it
    Yes, A great shame he is no longer here to comment .As you point out I think too think he would have liked it.He certainly would have spoken to management and given us the good oil.!
    Wonder what he is up to? Retired like Phaedrus,cruising the cannels of Southern France,perhaps?

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    "The company has prepared forecasts which indicate that the $2,778,910 of cash generated as a result of the post year end capital raising, cash flows from operations and raising a further $9,000,000 of additional capital subsequent to year end will enable the company to continue operating for the foreseeable future, which is not less than 12 months from the date these financial statements are approved.
    "
    Sweet, at least 12 months before the next capital raising. $1.6m loss on $316k revenues makes it look similar to the first years of SNK, VML, except they are worth <$20m and this is worth $50m...

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    What was the pre-IPO round priced at? $1?
    I assume this is just a compliance listing with no new shares offered?

    Edit: found it. July round was at $1, the April round was at 58c and the rounds before that were various but none less than 26c
    Last edited by Harvey Specter; 14-08-2014 at 11:18 AM.

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    A few buyers, no sellers. I guess a quick 33% return isn't enough.

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    Must be missing something with this one... won't this company get squashed like a bug if Apple decide to turn iPhones into a fully fledged payment device (as they are heavily rumored to do). How will an app like this survive when the very functionality they provide will embedded into the iPhone?

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    Anyone read the prospectus. Bruce Gordon's bio is fascinating. I cant say Ive seen a prospectus like this one before.

    Also note that its valued near SKO which is silly although I agree its worth more than twice RAK.

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    Two trades totaling $4k adds another $24m in market cap.

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    Quote Originally Posted by Shore View Post
    Two trades totaling $4k adds another $24m in market cap.
    Its almost worth trading with yourself for those sort of returns!

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    Quote Originally Posted by belgarion View Post
    Yes. And not just be Apple. There are many in the mobile space trying to turn the mobile into a wallet.

    Just possible, but extremely unlikely, that the bug won't get squashed but instead taken over.
    I agree; I think an acquisition is the most likely long-term outcome for this company, given the number of providers of this type of service. Some consolidation is inevitable.

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    Sloooooowly coming back to earth, still way over priced imo.

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    Is this company so closely held that it is illiquid? Is it so awesome that nobody wants to sell? Or to the contrary with no buyers?

    Just had a bit of a laugh trying to do some TA on this stock when it's only had about six trades since listing lol

    I see there is an announcement about quite a well known client, God: https://www.nzx.com/companies/PAY/announcements/256024

    More interestingly, and perhaps showing my lack of knowledge of wtf this company even does, is a case study about what PushPay is doing for God: http://www.renewedvision.com/store.php?item=pushpay

    $29US per month plus $1US for every God botherer who registers to pay his or her tithe. Perhaps a stick in the sand for someone who understands God botherers and how much money PushPay can make from this.

    Strong US$ could be lucrative. I wonder if Westboro Church will sign up?

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    Advanced Member robbo24's Avatar
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    Different websites give me different total numbers of US churches/places of religious worship... Seems to be between 350,000 and 450,000.

    If a few of them signed up, plus the $1 each attributed to the 146,663,972 God botherers (in 2009, see page 15 of this Yearbook of American and Canadian Churches) in the US, then PushPay might be onto something quite spectacular if it takes off.

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    The mind boggles.
    I know of sharetraders who use their mobile appliances to buy shares during agms,but I would love to see all the good flock hitting their PAY appliance friendly phones during a rousing hellfire and damnation sermon."Come on brothers,hit the buttons now to save your soles,or forever live in purgatory,this includes you brother robbo24"!!! .

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    Advanced Member robbo24's Avatar
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    Believe in PushPay and you will find peace.

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    Quote Originally Posted by robbo24 View Post
    Believe in PushPay and you will find peace.
    Did you find The Lord on the way??

  18. #18
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    Quote Originally Posted by percy View Post
    Did you find The Lord on the way??
    Kind of. The Heavens opened up and I heard a voice saying:

    Dilute the shares on issue by a factor of 10 and it will be more appealing to the every day "tradie."


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    Quote Originally Posted by percy View Post
    Did you find The Lord on the way??
    Haha, wonder if Huljich had godly intentions when he got heavily involved in this company. Or do you think that he figured all the godbotherers would buy into this easy way to pave their way with pennies up the stairs to the pearly gates.....

  20. #20
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    Quote Originally Posted by Crystal Ball View Post
    Haha, wonder if Huljich had godly intentions when he got heavily involved in this company. Or do you think that he figured all the godbotherers would buy into this easy way to pave their way with pennies up the stairs to the pearly gates.....
    I am sure he had Godly intentions!!

    I ran into the brother of a friend of mine a couple of years ago.Nice guy,bit of an entrepreneur, selling cardboard coffins.
    He felt the way to true wealth was to start a new religion.Seems, the more you sin,the more it costs to repent.With the growing number of sinners, I think he was on the right track.!!

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