PPH - PushPay (Church/donor software.)

[winner69]

A good start to the day. I suspect the Beagle has regained FAITH and is buying up large :-)

Be back to record highs in day or so ...and we'll ask what was the fuss all about

$4.50 ...here we come

[Beagle]

Take note of that little hook at the end. PS-Im sure Beagle knows exactly what I'm inferring here.

Indeed mate. For others here's a free 101 lesson in psychology, well worth the read if you have the time.

https://www.psychologytoday.com/blog...n-self-be-true

"To thine own self be true" There is little point fighting one true belief's. If one prefers real earnings growth to other fanciful terms invented by tech companies you might as well be authentic to yourself...you'll be happier. Plenty of people have speculated where this company will be in five years time...but where will ATM with its real earnings growth be in five years time ?
Absolutely this falls into the speculative area for me with no real earnings. If I bought in again it would be a maximum of 5% of my portfolio which as Iceman knows is my self imposed limit for speculative portfolio allocation. Interestingly the Bible has a lot to say about speculation...don't speculate "invest" is the nub of it.

Maybe this will have real earnings in 5 years time, maybe not. Just a thought...one can create an app out of thin air so too speak. People don't NEED to use an app, they could use another app or not use one at all. On the other hand people NEED protein, there is no escaping that fact and you can't create protein out of thin air...

[minimoke]

Indeed mate. For others here's a free 101 lesson in psychology, well worth the read if you have the time.

https://www.psychologytoday.com/blog...n-self-be-true

"To thine own self be true" There is little point fighting one true belief's. If one prefers real earnings growth to other fanciful terms invented by tech companies you might as well be authentic to yourself...you'll be happier. Plenty of people have speculated where this company will be in five years time...but where will ATM with its real earnings growth be in five years time ?

Sometimes we also tend to overthink things. The real quesiton is "what will its share proice be in five years time?"

My simple answer is "up". So I will continue holding for as long as it goes "UP". If it goes DOWN beyond a certain point then its time to sell. This approach takes a lot of angst out of holding shares.

[iceman]

Indeed mate. For others here's a free 101 lesson in psychology, well worth the read if you have the time.

https://www.psychologytoday.com/blog...n-self-be-true

"To thine own self be true" There is little point fighting one true belief's. If one prefers real earnings growth to other fanciful terms invented by tech companies you might as well be authentic to yourself...you'll be happier. Plenty of people have speculated where this company will be in five years time...but where will ATM with its real earnings growth be in five years time ?
Absolutely this falls into the speculative area for me with no real earnings. If I bought in again it would be a maximum of 5% of my portfolio which as Iceman knows is my self imposed limit for speculative portfolio allocation. Interestingly the Bible has a lot to say about speculation...don't speculate "invest" is the nub of it.

Maybe this will have real earnings in 5 years time, maybe not. Just a thought...one can create an app out of thin air so too speak. People don't NEED to use an app, they could use another app or not use one at all. On the other hand people NEED protein, there is no escaping that fact and you can't create protein out of thin air...

I'm just baiting you mate with my tongue in cheek comments. I know we have a different style and tolerance to startups or growth companies. We had a similar discussion 3 years ago when I was heavily into the loss making and no hope A2M !!

[winner69]

PPH real profits in 7 years might be $200m

On a PE of 20 thats a share price of about $14

Working back with an expected return of 20% pa that gives a share price of $4.05 today

And thats with slwoing growth as well

[Beagle]

I'm just baiting you mate with my tongue in cheek comments. I know we have a different style and tolerance to startups or growth companies. We had a similar discussion 3 years ago when I was heavily into the loss making and no hope A2M !!

LOL touché

[minimoke]

Nice to see some larger parcels (100,000, 200,000 and 100,000) going through at $4.035

[sb9]

Nice to see some larger parcels (100,000, 200,000 and 100,000) going through at $4.035

Yes, its still running red hot....

[winner69]

Nice to see some larger parcels (100,000, 200,000 and 100,000) going through at $4.035

Good endorsement of their strategy and execution

[Nigelk]

Easier and faster to scale a software product than specially bred cattle