PPH 0.29% $1.72 pushpay holdings limited

Here is a post in a PPH forum from another site by Beagle: "Just...

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  1. 67 Posts.
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    Here is a post in a PPH forum from another site by Beagle:

    "Just looking at what's possible by the time they list on the NASDAQ.
    Snapchat and a few others trading on 11 x sales so if we use that metric and PPH grow ACMR to say US$175m by the time they list in say December ? that suggests a market cap of US$1,925m. Convert that at 0.72 = NZ$2,674m. On 274.5m shares that suggests a possible price target of $9.74.
    Appears to have a reasonable prospect to double your money if everything goes to plan.
    Currently trading on ~ 8.5 times ACMR. Most of the potential growth this year, in my opinion, will come from growth in the ACMR as opposed to the potential NASDAQ listing itself. Disc:"

    This guy is a bit more optimistic than my forecast. A forecast is a prediction and I suggest you take it as a grain of salt. I had been forecasting for 30 years as a CFO for different companies and never get 100% right. I look forwards to the release tomorrow.
 
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