Australia's largest stock trading and investment forum Australia's #1 stock forum

PPH

Click for more information

0.29%

$1.72 pushpay holdings limited

PushPay performance, page-27

First 27 Last

Share
Profile

Follow
Ex_cfo

67 Posts.

1

20/12/17

13:10

Post #: 29770334
Share

Originally posted by grasshopper05 ↑

I agree that it feels quite fully priced at the moment. With the company targeting revenue of $US 70m for the current NZ financial year this would represent around 91m AUD and a market cap of around 1.04b it is trading on 11.4x sales at present.

For a fast growing company in the tech space this isn't unreasonable but certainly isn't cheap as opposed to earlier in the year.

The company is looking stronger and stronger by the quarter and their dominance of the big churches which is the more profitable end of the market will serve them well going forward I believe.

Definitely one to hold for the longer term however suspect we will get a pullback at some point as I think alot of the demand at present is from NZ holders cycling out of XRO with its pending delisting on the NZ market.

I am very surprised there hasn't been more activity around this stock given the growth of the company and rising share price. Perhaps 2018 will be the year this one gets more attention.

Expand

I agree that some XRO shareholder might be switching to PPH. I would not be surprised that Kiwi will make PPH another XRO.

PPH Price at posting: $3.74 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 47, 2024

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

There are more pages in this discussion • 6 more messages in this thread...

First 27 Last

Add PPH (ASX) to my watchlist